Japan Over-the-Counter (OTC) Healthcare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The over-the-counter (OTC) healthcare market in Japan was valued at $12.1 billion in the year 2021. The market is expected to grow at a CAGR of less than 1% during the forecast period.
The Japan OTC healthcare market report provides insights on high growth markets to target, trends in the usage of category level distribution data and companies market shares.
Japan OTC healthcare market overview
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Which are the key categories in the OTC healthcare market in Japan?
The key categories in the OTC healthcare market in Japan include analgesics, cough and cold preparations, first aid kits, indigestion preparations, medicated skin products, plasters & bandages, topical OTC medicines, traditional medicines, vitamins and minerals, and other OTC healthcare products. Traditional medicines was the largest category in 2021, and is also forecast to register the fastest value growth during 2021–2026. The traditional medicines category is expected to gain the maximum market share in value terms during the forecast period.
Japan OTC healthcare market, by categories
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What are the key distribution channels in the OTC healthcare market in Japan?
The key distribution channels in the OTC healthcare market in Japan are drug stores/pharmacies, hypermarkets & supermarkets, convenience stores, and food & drinks specialists. Drug stores & pharmacies was the leading distribution channel in the Japanese OTC healthcare sector.
Japan OTC healthcare market, by distribution channels
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Which are the key competitors in the OTC healthcare market in Japan?
The key competitors in the OTC healthcare market in Japan are Johnson & Johnson Services Inc, Kracie, Daiichi Sankyo Company Limited, Novartis, S.S.Seiyaku company limited, ROHTO Pharmaceutical Co Ltd, Taisho Pharmaceuticals, and Takeda Pharmaceuticals.
Japan OTC healthcare market, by key competitors
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Market report scope
Market size 2021 | $12.1 billion |
CAGR | <1% |
Forecast period | 2021-2026 |
Key categories | Analgesics, Cough and Cold Preparations, First Aid Kits, Indigestion Preparations, Medicated Skin Products, Plasters & Bandages, Topical OTC Medicines, Traditional Medicines, Vitamins and Minerals, and Other OTC Healthcare Products |
Key distribution channel | Drug Store & Pharmacies, Hypermarkets & Supermarkets, Convenience Stores, and Food & Drinks Specialists |
Key competitors | Johnson & Johnson Services Inc, Kracie, Daiichi Sankyo Company Limited, Novartis, S.S.Seiyaku company limited, ROHTO Pharmaceutical Co Ltd, Taisho Pharmaceuticals, and Takeda Pharmaceuticals |
Scope
- The per capita expenditure of OTC healthcare in Japan was higher than both the global and regional levels in 2021
- The per capita expenditure of traditional medicines products was higher than the rest OTC health care categories in 2021
- Johnson & Johnson Services Inc accounted for highest value share in the Japanese OTC healthcare sector, in 2021
- The Japanese economy will regain pre-pandemic GDP levels by 2023
- The Japanese working-class populace is shrinking at an alarming rate
- Japan‘s overall risk score is lower than the Asia-Pacific and the world average in GCRI Q4 2021
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Kracie
Daiichi Sankyo Company Limited
Novartis
S.S.Seiyaku company limited
ROHTO Pharmaceutical Co Ltd
Taisho Pharmaceuticals
Takeda Pharmaceuticals
Table of Contents
Table
Figures
Frequently asked questions
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What was the Japan OTC healthcare market size in the year 2021?
The OTC healthcare market size in Japan was valued at $12.1 billion in the year 2021.
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What is the Japanese OTC healthcare market growth rate?
The OTC healthcare market in Japan is expected to grow at a CAGR of less than 1% during the forecast period.
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Which are the key categories in the Japan OTC healthcare market?
Analgesics, cough and cold preparations, first aid kits, indigestion preparations, medicated skin products, plasters & bandages, topical OTC medicines, traditional medicines, vitamins and minerals, and other OTC healthcare products are the key categories in the Japanese OTC healthcare market.
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What are the key distribution channels in the Japan OTC healthcare market?
Drug stores/pharmacies, hypermarkets & supermarkets, convenience stores, and food & drinks specialists are the key distribution channels in the Japanese OTC healthcare market.
-
Which are the key competitors in the Japan OTC healthcare market?
Johnson & Johnson Services Inc, Kracie, Daiichi Sankyo Company Limited, Novartis, S.S.Seiyaku company limited, ROHTO Pharmaceutical Co Ltd, Taisho Pharmaceuticals, and Takeda Pharmaceuticals are the key competitors in the Japanese OTC healthcare market.
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