Philippines Over-the-Counter (OTC) Healthcare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The Philippines over-the-counter (OTC) healthcare market was valued at $1.4 billion in the year 2021. The market is expected to grow at a CAGR of more than 3% during the forecast period. The Philippines 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.
Philippines OTC healthcare market overview
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Which are the key categories in the OTC healthcare market in Philippines?
The key categories in the OTC healthcare market in Philippines 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
Philippines OTC healthcare market, by key categories
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What are the key distribution channels in the OTC healthcare market in Philippines?
The key distribution channels in the OTC healthcare market in Philippines are drug stores/pharmacies, hypermarkets & supermarkets, convenience stores, and food & drinks specialists. Drug stores & pharmacies was the leading distribution channel in the Philippines OTC healthcare sector.
Philippines OTC healthcare market, by distribution channels
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Which are the key competitors in the OTC healthcare market in Philippines?
The key competitors in the OTC healthcare market in Philippines are United Laboratories, Inc., Bayer Ag, Reckitt Benckiser Group plc, Johnson & Johnson Services Inc, GlaxoSmithKline.
Philippines OTC healthcare market, by key competitors
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Market report scope
Market size 2021 | $1.4 billion |
CAGR | >3% |
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 | United Laboratories, Inc., Bayer Ag, Reckitt Benckiser Group plc, Johnson & Johnson Services Inc, GlaxoSmithKline |
Scope
- The per capita expenditure of OTC healthcare in the Philippines was lower than both the global and regional levels in 2021
- Drug stores & pharmacies was the leading distribution channel in the Filipino OTC healthcare sector, in 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.
Johnson & Johnson Services Inc
Bayer Ag
GlaxoSmithKline
Reckitt Benckiser Group plc
Novartis
Sanova Pharma GesmbH
Sanofi-Aventis SA
Pfizer Inc.
Zuellig Pharma (Shanghai) Pharmaceutical Service Company
Table of Contents
Frequently asked questions
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What was the Philippines OTC healthcare market size in the year 2021?
The OTC healthcare market size in the Philippines was $1.4 billion in the year 2021.
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What is the Philippines OTC healthcare market growth rate?
The OTC healthcare market in the Philippines is expected to grow at a CAGR of more than 3% during the forecast period.
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Which are the key categories in the Philippines 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 Philippines OTC healthcare market.
-
What are the key distribution channels in the Philippines OTC healthcare market?
Drug stores/pharmacies, hypermarkets & supermarkets, convenience stores, and food & drinks specialists are the key distribution channels in the Philippines OTC healthcare market.
-
Which are the key competitors in the Philippines OTC healthcare market?
United Laboratories, Inc., Bayer Ag, Reckitt Benckiser Group plc, Johnson & Johnson Services Inc, GlaxoSmithKline are the key competitors in the Philippines OTC healthcare market.
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