Intense Market Competition and Pricing Pressures: The consumer healthcare market is highly competitive, with established global players and local brands, potentially leading to pricing pressures and reduced market share.

Strict Regulatory Compliance and Changes: Haleon operates in highly regulated industries (pharmaceuticals, medical devices, food supplements), requiring continuous adherence to evolving health, safety, and advertising regulations, with non-compliance potentially leading to penalties or product withdrawals.

Supply Chain Disruptions and Raw Material Volatility: Global events, geopolitical tensions, natural disasters, or supplier failures could disrupt the sourcing of raw materials, manufacturing processes, or distribution networks, impacting product availability and costs.