Market Share of Asia-Pacific Over-the-counter (OTC) Drugs Industry
The over-the-counter drugs market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with technological advancements and product innovation, mid-size to smaller companies are increasing their market presence by introducing new products with fewer prices. For instance, in April 2018, Procter & Gamble Company acquired the Consumer Health business of Merck KGaA. Companies, like Johnson & Johnson, GlaxoSmithKline PLC, and Sanofi, hold significant market shares in the over-the-counter drugs market.
Asia Pacific Over-The-Counter (OTC) Drugs Market Leaders
GlaxoSmithKline PLC
Johnson & Johnson
Boehringer Ingelheim International GmbH
Procter & Gamble
Sanofi SA
*Disclaimer: Major Players sorted in no particular order