Oral Dosing Cups Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Oral Dosing Cups Market grew at a CAGR of 5.5% between 2017-2021 and is estimated to be US$ 601.2Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.4% and is expected to reach a valuation of US$ 1,118.0Mn by 2032 end.
The global desire for generic and inexpensive medicine is driving the expansion of the oral dosing cup industry. Additionally, the need is ever-rising in terms of capacity, efficacy, and quality. Oral dosage cups come in various materials and shapes to keep costs down and meet the demand for generic medications.
Additionally, several positive factors, including an increase in the prevalence of lifestyle diseases, a higher smoking prevalence in European countries, and rising government involvement in the global healthcare sector, have contributed to the pharmaceutical industry’s growth, as well as the development of related markets like oral dosing cups.
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ChemView Consulting has analyzed that the need for dose-delivery devices for over-the-counter (OTC) liquid medicinal items has sharply increased. Sales of oral dosage cups for elixirs, syrups, and suspensions are significant; these cups are designed to help the end user, such as a parent, patient, or caregiver, accurately dispense the medicine. So that they can increase sales, manufacturers are attempting to gain the loyalty of pharmacies and pharmacy chains.
Due to the rising cancer rates in the elderly and pediatric populations, the disposable oral dosing cups market is predicted to expand at the fastest rate, 4.3%, during the projected period.
Segments Covered in Report
By Product Type:
- Disposable
- Reusable
By Capacity:
- <5 ml
- 5 ml – 15 ml
- 15 ml – 25 ml
- >25 ml
By End-Use:
- Hospital
- Clinics
- Retail Pharmacy
- Pharmaceuticals
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
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Key Takeaways from the Oral Dosing Cups Market
- Based on the product type, due to the rising cancer rates in the elderly and pediatric populations, the disposable oral dosing cups market is predicted to expand at the fastest rate, 4.3%, during the projected period.
- Based on the region, with a market share of 46.5%, the Asia Pacific region is expected to provide numerous prospects for expansion of the oral dosing cup industry. Asia Pacific is expected to increase at a significant growth rate throughout the projected period due to the enormous population, particularly in India, and improved healthcare facilities in other developing countries within this area. Unfortunately, a huge portion of the Indian population lacks access to adequate healthcare and medical supplies, creating the potential for the oral dosing cups industry to expand.
Competition Summary
Key companies covered in the market study are Comar, Inc., Stiplastics S.A.S, Argo S.A., Gramß GmbH Kunststoffverarbeitung, Eastman Chemical Company, Yuyao Liantong Plastic & Mould Co. Ltd., Medline Industries Inc., Origin Pharma Packaging, Adelphi Healthcare Packaging
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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