The global Pharma & Cosmetics market was valued at US$ 1778320 million in 2023 and is projected to reach US$ 2210720 million by 2030, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Pharma is a substance of the prevention or treatment for human diseases. It can be divided into natural medicine and synthetic medicine according to the source. Pharma is a material which can prevent and treat disease, reduce pain, improve health, or enhance the body's resistance to disease or to help diagnose diseases.
This report aims to provide a comprehensive presentation of the global market for Pharma & Cosmetics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pharma & Cosmetics. This report contains market size and forecasts of Pharma & Cosmetics in global, including the following market information:
- Global Pharma & Cosmetics Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Pharma & Cosmetics Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five Pharma & Cosmetics companies in 2023 (%)
Pharmaceutical Industry
Cosmetics Industry
Key Trends and Insights
Personalization:
- Both the pharmaceutical and cosmetics industries are seeing a shift towards personalized products and treatments. Advances in biotechnology and data analytics are enabling more tailored and effective solutions for individual needs.
Technological Advancements:
- Innovations such as AI, machine learning, and nanotechnology are revolutionizing product development and marketing strategies in both industries. These technologies are enhancing R&D efficiency, improving product formulations, and enabling more targeted marketing campaigns.
Regulatory Landscape:
- The regulatory environment plays a critical role in shaping the pharmaceutical and cosmetics markets. Stringent regulations ensure product safety and efficacy but also pose challenges in terms of compliance and market entry barriers.
Consumer Behavior:
- Shifts in consumer behavior, particularly among younger demographics, are influencing market dynamics. Millennials and Gen Z consumers prioritize transparency, ethical practices, and social responsibility, prompting companies to adapt their strategies accordingly.
Globalization:
- Both industries are becoming increasingly globalized, with significant market opportunities in emerging economies. Companies are expanding their presence in regions like Asia-Pacific and Latin America to tap into growing consumer bases and favorable economic conditions.
The pharmaceutical and cosmetics industries are vibrant and evolving sectors with significant economic impact and employment generation.
The major players in global Pharma & Cosmetics market include Johnson & Johnson, Roche, Novartis, etc., and the market concentration rate is low. China and Japan are main markets, they occupy about 40% of the global market. Pharmaceuticals, OTC is the main application, which holds a share about 75%.
We surveyed the Pharma & Cosmetics manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pharma & Cosmetics Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Pharma & Cosmetics Market Segment Percentages, by Type, 2023 (%)
- Ointments
- Creams
- Gels
- Others
Global Pharma & Cosmetics Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Pharma & Cosmetics Market Segment Percentages, by Application, 2023 (%)
- Pharmaceuticals, OTC
- Cosmetics
Global Pharma & Cosmetics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Pharma & Cosmetics Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Pharma & Cosmetics revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Pharma & Cosmetics revenues share in global market, 2023 (%)
- Key companies Pharma & Cosmetics sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Pharma & Cosmetics sales share in global market, 2023 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Johnson & Johnson
- Roche
- Novartis
- Pfizer
- Sanofi
- Eli Lilly
- GSK
- Bayer
- Merck & Co
- L' OREAL
- Unilever
- Procter & Gamble
- Estee Lauder
- Kao
- Shiseido
- Beiersdorf
- Henkel
- Shanghai Jahwa
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Pharma & Cosmetics, market overview.
- Chapter 2: Global Pharma & Cosmetics market size in revenue and volume.
- Chapter 3: Detailed analysis of Pharma & Cosmetics manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Pharma & Cosmetics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Pharma & Cosmetics capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
