External Semi Solid Preparation Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 5.2 Billion by 2033, exhibiting a CAGR of 5.4% from 2026 to 2033.
The external semi solid preparation market was valued at approximately USD 15.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The markets expansion is largely driven by the increasing demand for topical treatments, particularly in dermatology, pain management, and other medical applications. This growth trend is expected to continue due to rising consumer awareness regarding skin health and the growing preference for non invasive treatments. The market encompasses various forms such as creams, ointments, gels, and pastes, each offering distinct therapeutic benefits. The markets valuation is anticipated to reach around USD 24.8 billion by the end of 2030, fueled by the rising number of chronic diseases and skin related disorders across the globe.
Regionally, North America accounted for the largest market share in 2022, contributing more than 35% of the total market revenue. This can be attributed to advanced healthcare infrastructure, higher awareness about skin care, and a large number of key players operating in the region. Europe follows closely behind, with a notable share of the market driven by the increasing adoption of external semi solid preparations for both cosmetic and medical purposes. The Asia Pacific region is anticipated to experience the highest CAGR of 6.3% during the forecast period, owing to the growing population, improving healthcare systems, and rising disposable incomes. Latin America and the Middle East & Africa are expected to see moderate growth, driven by increasing demand for cost effective treatment options and expanding healthcare access.
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Glenmark Pharmaceuticals
Galderma
GlaxoSmithKline
Johnson & Johnson
Hisamitsu Pharmaceuticals
Bausch Health Companies
Cipla
Bayer
Boehringer Ingelheim
Teva Pharmaceuticals
Pfizer
Lead Chemical
Purdue Pharma
Novartis International
NYCRIST
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global External Semi Solid Preparation Market
Creams
Ointments
Gels
Pastas
Lotions
Dermatology
Cosmetics and Personal Care
Infectious Diseases
Analgesics
Anti-inflammatory
Tube Packaging
Jar Packaging
Pump Packaging
Single-dose Packaging
Multi-dose Packaging
Individual Consumers
Pharmacies
Hospitals
Clinics
Online Retailers
Direct Sales
Retail Pharmacies
Hospital Pharmacies
Online Stores
Wholesalers and Distributors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global External Semi Solid Preparation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global External Semi Solid Preparation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global External Semi Solid Preparation Market, By Type
6. Global External Semi Solid Preparation Market, By Application
7. Global External Semi Solid Preparation Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global External Semi Solid Preparation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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