ASIA-PACIFIC COUGH SYRUP MARKET 2022-2028

Lifesciences | Pharmaceuticals

ASIA-PACIFIC COUGH SYRUP MARKET 2022-2028

Market by Product Type, Age Group, Distribution Channel, and Country Outlook | Forecast 2022-2028

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Based on Triton’s report, the Asia-Pacific cough syrup market is likely to progress with a CAGR of 3.69% during the forecast years 2022-2028.


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The countries examined in the given region include:

•         China

•         Japan

•         India

•         South Korea

•         ASEAN Countries

•         Australia & New Zealand

•         Rest of Asia-Pacific

China secures the major market share in the Asia-Pacific region. The region has witnessed a substantial rise in respiratory diseases due to an increase in air pollution and growing smoking culture. Moreover, greenhouse farming has emerged as a major issue, leading to various respiratory diseases across numerous nations. The people in nations like Japan, Thailand, and South Korea are highly vulnerable to the risk of respiratory diseases, given the increase in the elderly population. Besides this, household air pollution has increased the risk of tuberculosis, asthma, and obstructive lung diseases. Thus, these factors majorly drive the cough syrup market in the region.

In China, chronic obstructive pulmonary disease is highly prevalent due to the rise in smoking and biomass fuels. Besides, this disease has emerged as the fifth leading cause of death in the country. This has caused an economic burden in rural and urban areas. Furthermore, the country has around 320 million smokers, that account for almost 67% of the total population base. This rise in smoking has surged the risk of lung diseases. Along with this, greenhouse farming and the rise in air pollution are other factors that augment the demand for cough syrups in the nation, fueling the studied market’s growth.

Adult cough syrups comprise suppressants, combination medicines, and expectorants. Over-the-counter adult cough syrups are readily available; however, some require prescriptions. Several companies like Novartis, Abbott, and Merck provide adult cough syrups. The cough syrup market’s growth is assessed based on age group, distribution channel, and product type. The age cough category is further segmented into adult and pediatric.

The prominent companies thriving in the cough syrup market include Glenmark Pharmaceuticals Limited, Acella Pharmaceuticals LLC, Johnson and Johnson, GlaxoSmithKline, Dabur India Ltd, Cipla Limited, and Pfizer Inc.

Dabur India Ltd is a consumer goods company engaged in manufacturing and marketing natural healthcare products. The company offers numerous products, including fruit-based beverages, skincare products, healthcare, and others. It offers products under brands such as Oxylife, FEM, Gulabari, and others. Its product line includes Honitus cough syrup, an ayurvedic medicine comprising medicinal plants recommended by Ayurveda in India. Additionally, it markets products through e-commerce, retail chains, pharmacies, and other channels. Dabur has operations across the globe, with headquarters located in UP, India.

 

Key deliverables of the report:

      Market CAGR during the forecasting years 2022-2028

      Detailed data highlighting key insights, industry components, and market strategies

    Comprehensive information and estimation of the cough syrup market revenue growth in the Asia-Pacific and its influence on the parent market

      In-depth study of forthcoming trends in consumer behavioral patterns

      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

    A wide-ranging study of factors that will challenge the APAC cough syrup market’s growth during the upcoming years

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Table of Content

1. ASIA-PACIFIC COUGH SYRUP MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE COUGH SYRUP MARKET

2.2. KEY INSIGHTS

2.2.1. INCREASING DEMAND FOR HERBAL COUGH SYRUPS

2.2.2. COMPANIES PROVIDE SUGAR-FREE COUGH SYRUPS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. MERGERS & ACQUISITIONS

2.6.2. DIVESTITURES

2.7. MARKET DRIVERS

2.7.1. INCREASING CHRONIC RESPIRATORY DISEASES

2.7.2. RISE IN OLDER POPULATION

2.8. MARKET CHALLENGES

2.8.1. OVERDOSE RISK

2.8.2. STRICT GOVERNMENT REGULATIONS AND RESTRICTIONS

2.9. MARKET OPPORTUNITIES

2.9.1. INCREASE IN CHILD-FRIENDLY COUGH SYRUP FLAVORS

2.9.2. GROWING PREFERENCE FOR HOMEOPATHIC COUGH SYRUPS

2.9.3. SPECIAL PEDIATRIC COUGH SYRUPS

3. ASIA-PACIFIC COUGH SYRUP MARKET OUTLOOK - BY PRODUCT TYPE

3.1. COUGH SUPPRESSANTS/ANTITUSSIVES

3.2. COMBINATION MEDICATIONS

3.3. EXPECTORANTS

4. ASIA-PACIFIC COUGH SYRUP MARKET OUTLOOK - BY AGE GROUP

4.1. ADULT

4.2. PEDIATRIC

5. ASIA-PACIFIC COUGH SYRUP MARKET OUTLOOK - BY DISTRIBUTION CHANNEL

5.1. RETAIL PHARMACY

5.2. HOSPITAL PHARMACY

5.3. ONLINE PHARMACY

6. ASIA-PACIFIC COUGH SYRUP MARKET – COUNTRY OUTLOOK

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. ABBOTT LABORATORIES

7.2. ACELLA PHARMACEUTICALS LLC

7.3. ASTRAZENECA PLC

7.4. CIPLA LIMITED

7.5. DABUR INDIA LTD

7.6. GLAXOSMITHKLINE

7.7. GLENMARK PHARMACEUTICALS LIMITED

7.8. JOHNSON AND JOHNSON

7.9. MERCK KGAA

7.10. NOVARTIS INTERNATIONAL AG

7.11. PFIZER INC

7.12. PROCTOR AND GAMBLE CO

7.13. RECKITT BENCKISER GROUP PLC

7.14. SANOFI SA

7.15. THE HIMALAYA DRUG COMPANY

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC COUGH SYRUP MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: THE COUNTRIES WITH THE LARGEST PERCENTAGE OF TOTAL POPULATION OVER 65 YEARS IN 2020

TABLE 4: ASIA-PACIFIC COUGH SYRUP MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC COUGH SYRUP MARKET, BY AGE GROUP, 2022-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC COUGH SYRUP MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC COUGH SYRUP MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: ASIA-PACIFIC COUGH SYRUP MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 3: ASIA-PACIFIC COUGH SYRUP MARKET, BY COUGH SUPPRESSANTS/ANTITUSSIVES, 2022-2028 (IN $ MILLION)

FIGURE 4: ASIA-PACIFIC COUGH SYRUP MARKET, BY COMBINATION MEDICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC COUGH SYRUP MARKET, BY EXPECTORANTS, 2022-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC COUGH SYRUP MARKET, BY AGE GROUP, 2021 & 2028 (IN %)

FIGURE 7: ASIA-PACIFIC COUGH SYRUP MARKET, BY ADULT, 2022-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC COUGH SYRUP MARKET, BY PEDIATRIC, 2022-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC COUGH SYRUP MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2028 (IN %)

FIGURE 10: ASIA-PACIFIC COUGH SYRUP MARKET, BY RETAIL PHARMACY, 2022-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC COUGH SYRUP MARKET, BY HOSPITAL PHARMACY, 2022-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC COUGH SYRUP MARKET, BY ONLINE PHARMACY, 2022-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC COUGH SYRUP MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: CHINA COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 15: JAPAN COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 16: INDIA COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 17: SOUTH KOREA COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 18: ASEAN COUNTRIES COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 19: AUSTRALIA & NEW ZEALAND COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: REST OF ASIA-PACIFIC COUGH SYRUP MARKET 2022-2028 (IN $ MILLION)

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