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Cough & Cold Medicine Manufacturing OTC in the US - Industry Market Research Report

  • ID: 2068166
  • Report
  • April 2019
  • Region: United States
  • 35 pages
  • IBISWorld
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Get well: Seasonal colds will facilitate growth, but prescription drugs will limit demand

FEATURED COMPANIES

Cough & Cold Medicine Manufacturing OTC

Operators in the Cough and Cold Medicine Manufacturing OTC industry benefited from an increasing number of consumers purchasing over-the-counter (OTC) medications to address their ailments with at-home treatments. The accessibility, affordability and reliability of OTC medications drove industry growth over the five years to 2019. More importantly, revenue growth was fueled by several prescription allergy medications switching to OTC. Seasonal demand for OTC cough and cold medications bolstered industry revenue, particularly during peak flu seasons, typically in January or February. Consequently, over the five years to 2019, industry revenue is anticipated to grow. This increase was driven by many consumers viewing OTC cough and cold medicine as a safe and effective method of treatment for their flu- and allergy-related health ailments. Over the five years to 2024, industry revenue is forecast to grow. While the industry is expected to exhibit growth due to rising demand for cough and cold medication, the industry is also expected to contend with rising external competition from private-label products sold in drug stores and online.

This industry manufactures over-the-counter cough and cold treatments and suppressants. Products include systemic remedies such as antihistamines and combination products, decongestants and medicated candies. The industry does not include companies that are primarily retailers, such as pharmacies or department stores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • Pfizer Inc.
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