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Pharmacy and Over-the-Counter (OTC) Cans Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Self-medication practices are trending especially in cases of pain management, cough, cold, weightless and dietary supplements. Over-the-counter/non-prescription drugs provide affordable treatment, decrease the workload of physicians and carry the p
Title:
Pharmacy and Over-the-Counter (OTC) Cans Market Global Trends, Market Share,
Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Self-medication practices are trending especially in cases of pain management, cough,
cold, weightless and dietary supplements. Over-the-counter/non-prescription drugs
provide affordable treatment, decrease the workload of physicians and carry the
potential to build a diverse product portfolio for health care business. Pharmaceutical
companies aspiring to extend product range for consumer brands are making OTC drugs
easily available in pharmacies.
It is equally important that pharmacy & OTC drugs sustain harsh environmental
conditions and maintain stability to deliver medication without degrading the intended
medicinal value. Hence the pharmaceutical packaging plays a vital role and pharmacy
and over-the-counter (OTC) cans are known to ensure packaging requirements aptly.
The packaging also needs to improve aesthetics, branding and provide labelling
regarding how the OTC drug needs to be administered, precautions to take and so on.
Additionally, automated manufacturing of pharmaceutical packaging has improved the
production capacity of pharmaceutical cans.
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Global pharmacy and over-the-counter (OTC) cans market is majorly segmented based
on material type, end users and geography.
Pharmacy and Over-the-Counter (OTC) Cans Market Based on Material Types:
Every pharmaceutical packaging serves functions like identification, protection,
containment, presentation and information on the medicinal products. The pharmacy
and over-the-counter (OTC) can market material segment can be broadly classified
into two categories:
• Metal
• Plastic
Currently, plastic segment is leading the overall pharmaceutical packaging market and
is anticipated to hold its position over the forecasted period. Non-reactive metals like
aluminium are popular in the manufacturing of OTC cans. However, the industry is
seeking bio-degradable packaging solutions to address environmental hazards and
issues.
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Pharmacy and Over-the-Counter (OTC) Cans Market Based on Geography:
Geographically, the OTC drugs market is segmented into five major regions:
• Europe
• North America
• Asia Pacific
• Latin America
• Rest of the world
North America leads the pharmacy and over-the-counter (OTC) cans market, followed
by Europe. The Asia Pacific and Latin America are projected to expand at a lucrative
growth rate during the forecast period due to the rise in the number of emerging
pharmaceutical companies in the region. Rest of the world is expected to account a
significant share in global pharmacy and over-the-counter (OTC) cans market due to
increasing adoption.
Global Pharmacy and Over-the-Counter (OTC) Cans Market, by End User
• Contract Development &Manufacturing Organisation(CDMO)
• Pharmaceutical Companies
Key Takeaways:
• Comprehensive evaluation of the market based on key market segments and subsegments
• In-depth insights by understanding market evolution.
• Analysing the present scenario and future projections based on changing supply
and demand scenarios
Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global pharmacy and over-thecounter (OTC) cans market, by material type, end-user and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and an overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised
solutions for our clients. Through in-depth market insights and consultancy, we present
our clients with the tools they need to be at the forefront of their industry – a position
secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John177   documents Email
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