Asia Pacific Over The Counter (OTC) Drugs Market By Product Type (Analgesics, Cough, Cold And Flu Products, Dermatological Products, Gastrointestinal Products, Vitamins, Minerals, Weight Loss Products, Sleep Aids, Ophthalmic Products, Smoking Cession Aids And Other Products), And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2018–2023)

Asia Pacific Over The Counter (OTC) Drugs Market By Product Type (Analgesics, Cough, Cold And Flu Products, Dermatological Products, Gastrointestinal Products, Vitamins, Minerals, Weight Loss Products, Sleep Aids, Ophthalmic Products, Smoking Cession Aids And Other Products), And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2018–2023)

ID: 512 | Pages: 145 | April 2018 | Region: Asia Pacific


Asia Pacific drugs market in Asia-Pacific region has been estimated at USD 51.57 Million in 2018 and is projected to reach USD 83.09 Million by 2023 at a CAGR of 10.01% during the forecast period from 2018 to 2023. Over the counter (OTC) drugs are the safe and effective drugs, which can be bought without doctor’s prescription, which are used for common ailments. Acetaminophen, aspirin and ibuprofen are the most common OTC drugs.

This has become a big hit in Asia, due to easy accessibility, low cost, convenience and customer-empowering qualities. The increasing number of chemists and pharma dispensaries is making the drugs readily available, thus, making it feasible for the consumers.

With the pro-active approach shown by public in Asia-Pacific region, the OTC drugs are made lower-priced. This is a major point which is driving the market. The alarming issues of drug substance abuse and lack of awareness in under-developed areas are constraining the progress of the market.

The Asia-Pacific market is segmented based on product and geographically. The product market basically caters medicines in the categories like analgesics, cough, cold and flu products, dermatological products, gastrointestinal products, vitamins, minerals, weight loss products, sleep aids, ophthalmic products, smoking cession aids and other products. More than half of the market share belongs to categories like Analgesics, Cough, Cold & Flu, Dermatological and gastrointestinal categories.

Australia, Japan, China and India are the leading contributors to the Asia-Pacific OTC drugs market. In East Asia, Japan takes the lead followed by China, Hong Kong, South Korea, Singapore and Malaysia. Japanese market is forecasted to saturate soon due to economic stagnation. Increasing adoption of western lifestyles and growing prosperities is leading to increase in market size and OTC demand.

GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda are the leading companies that contribute to Asia-Pacific market.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product Type                             

                                5.1.1 Analgesics

                                5.1.2 Cough, Cold and Flu Products         

                                5.1.3 Vitamins and Minerals       

                                5.1.4 Dermatological Products   

                                5.1.5 Gastrointestinal Products 

                                5.1.6 Ophthalmic Products          

                                5.1.7 Sleep Aid Products              

                                5.1.8 Weight Loss/Diet Products               

                                5.1.9 Others      

                5.2 By Formulation Type                              

                                5.2.1 Tablets      

                                5.2.2 Liquids      

                                5.2.3 Ointments               

                                5.2.4 Sprays       

                5.3 Distribution Channels                             

                                5.3.1 Pharmacies             

                                5.3.2 Supermarkets/Hypermarkets         

                                5.3.3 Convenience stores            

                                5.3.4 Others (Online Drug Stores)            

6. Geographical Analysis                                              

                6.1 Introduction                               

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 GlaxoSmithKline                       

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Johnson and Johnson                            

                8.3 Novartis                       

                8.4 Bayer                            

                8.5 Pfizer                            

                8.6 Boehringer Ingelheim                            

                8.7 Sanofi                           

                8.8 Takeda                         

                8.9 PGT Healthcare                         

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Asia-Pacific Over the Counter (OTC) Drugs Market By Region, From 2018-2023 (USD Million)
  2. Asia-Pacific Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
  3. Asia-Pacific Analgesics Market By Region, From 2018-2023 (USD Million)
  4. Asia-Pacific Cough Market By Region, From 2018-2023 (USD Million)
  5. Asia-Pacific Cold and Flu Products Market By Region, From 2018-2023 (USD Million)
  6. Asia-Pacific Dermatological Products Market By Region, From 2018-2023 (USD Million)
  7. Asia-Pacific Gastrointestinal Products Market By Region, From 2018-2023 (USD Million)
  8. Asia-Pacific Vitamins Market By Region, From 2018-2023 (USD Million)
  9. Asia-Pacific Minerals Market By Region, From 2018-2023 (USD Million)
  10. Asia-Pacific Weight Loss Products Market By Region, From 2018-2023 (USD Million)
  11. Asia-Pacific Sleep Aids Market By Region, From 2018-2023 (USD Million)
  12. Asia-Pacific Ophthalmic Products Market By Region, From 2018-2023 (USD Million)
  13. Asia-Pacific Smoking Cession Aids Market By Region, From 2018-2023 (USD Million)
  14. Asia-Pacific Other Products Market By Region, From 2018-2023 (USD Million)
  15. China Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
  16. India Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
  17. Japan Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
  18. South Korea Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
  19. Australia Over the Counter (OTC) Drugs Market By Product Type, From 2018-2023 (USD Million)
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