India paracetamol market is expected to grow at an impressive rate during the forecast period. The India paracetamol market is driven by the widespread use of the drug as the first line of treatment as pain and fever reliver. Additionally, the widespread use of the drug in controlling various symptoms of cold, cough and fever in COVID-19 affected patients is further expected to fuel the market growth through FY2026. Furthermore, supportive government policies and schemes such as the Pharma Vision 2020, Bulk Drug Parks establishment scheme and Production linked incentive scheme for local bulk drug manufacturing are expected to create lucrative opportunities for the market growth over the next few years.
The India paracetamol market is segmented based on source, product, form, route of administration, distribution channel, application, end user, company and region. Based on route of administration the market can be split into oral and intravenous. The oral route is expected to dominate the market. This can be ascribed to the associated advantages such as self-administration, cost effectiveness, pain free & easy intake, among others. Additionally, oral drugs are absorbed along the complete length of gastrointestinal tract.
The major players operating in the India paracetamol market are GlaxoSmithKline Pharmaceuticals Ltd., Granules India Limited, Farmson Pharmaceutical Gujarat Private Limited, Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories, CFL Pharmaceuticals Limited, Cipla Limited, Sanofi India Limited, Sri Krishna Pharmaceuticals Limited, Vaishali Pharma Limited and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report
Historical YearsFY2016-FY2019
Base YearFY2020
Estimated YearFY2021
Forecast PeriodFY2022–FY2026
Objective of the Study
- To analyze and estimate the market size of India paracetamol market from FY2016 to FY2019.
- To estimate and forecast the market size of India paracetamol market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India paracetamol market based on source, product, form, route of administration, distribution channel, application, end user, company and regional distribution.
- To identify dominant region or segment in the India paracetamol market.
- To identify drivers and challenges for India paracetamol market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India paracetamol market.
- To identify and analyze the profile of leading players operating in India paracetamol market.
- To identify key sustainable strategies adopted by market players in India paracetamol market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Paracetamol manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to paracetamol
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
