Oral Dosing Cups Market

Oral Dosing Cups Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Oral Dosing Cups Market grew at a CAGR of 5.5% between 2017-2021 and is estimated to be US$ 601.2Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.4% and is expected to reach a valuation of US$ 1,118.0Mn by 2032 end.

The prevalence of accurate dosing for pediatric patients can be blamed for the market for oral dosing cups’ slow growth rate. The need for oral drug delivery is growing due to the availability of medications in liquid form. Additionally, companies active in the oral dosing cup market are developing a range of goods to meet demand.

Market Dynamic

TARGETING OVER-THE-COUNTER MEDICINES

The need for dose-delivery devices for over-the-counter (OTC) liquid medicinal items has sharply increased. Sales of oral dosage cups for elixirs, syrups, and suspensions are significant; these cups are designed to help the end user, such as a parent, patient, or caregiver, accurately dispense the medicine. So that they can increase sales, manufacturers are attempting to gain the loyalty of pharmacies and pharmacy chains.

The increase in over-the-counter drug sales is expected to fuel global demand for oral dosage containers. According to the Consumer Healthcare Products Association (CHPA), retail sales of over-the-counter medications are expected to reach nearly US$37 billion in 2021. This number suggests promising growth opportunities for the oral dosing cups market.

VARIETY KEEPS THE SALES PUSHING

Another important tactic used by players in the oral dosing cup industry is product diversity. The usability of oral dosage cups is one of the primary factors in product differentiation. Major manufacturers have started branching out from their typical product manufacturing processes to produce both disposable and reusable oral dosage cups.

The risk of contamination is reduced by the disposable oral dosage cups, which may be thrown away after use. These are typically promoted in industrialized countries because of the great awareness of hygiene. Nevertheless, reusable dosing cups are being promoted and advertised for sale in developing nations.

Market Segments Covered in Report

By Product Type:

• Disposable
• Reusable

By Capacity:

• <5 ml
• 5 ml – 15 ml
• 15 ml – 25 ml
• >25 ml

By End-Use:

• Hospital
• Clinics
• Retail Pharmacy
• Pharmaceuticals
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Which product type is increasing in its demand in the anticipated period?

Due to the rising cancer rates in the elderly and pediatric populations, the disposable oral dosing cups market is predicted to expand at the fastest rate, 4.3%, during the projected period.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a market share of 46.5%, the Asia Pacific region is expected to provide numerous prospects for expansion of the oral dosing cup industry. Asia Pacific is expected to increase at a significant growth rate throughout the projected period due to the enormous population, particularly in India, and improved healthcare facilities in other developing countries within this area. Unfortunately, a huge portion of the Indian population lacks access to adequate healthcare and medical supplies, creating the potential for the oral dosing cups industry to expand.
• On the global market for oral dosing cups, North America holds a market share of 19.0%. Nations are driving north America’s oral dosing cup market like Canada and the United States. With the largest market share of these two nations, the United States is in the lead. The forecast period anticipates a significant increase in the market for oral dosing cups due to rising government investments by the U.S. and Canadian governments and rising healthcare spending by those same governments.

Competition Analysis

Major manufacturers of dosing cups want to increase their production capacity by stepping up their production facilities to meet the rising demand. Additionally, the producers of oral dosage cups aim to expand their global reach by merging and buying local market competitors.

The recent developments of the Global Oral Dosing Cups Market:

• In February 2022, Comar, Inc., a leading provider of bespoke assembly, medical devices, and specialty packaging solutions announced the acquisition of Automatic Plastics Ltd., a producer of injection-molded goods primarily used in the pharmaceutical and medical device industries.
• In June 2020, by constructing a new factory, Comar altered its course on the East Coast, increasing its capacity.

A list of some of the key suppliers present in the market are:

• Comar, Inc.
• Stiplastics S.A.S
• Argo S.A.
• Gramß GmbH Kunststoffverarbeitung,
• Eastman Chemical Company
• Yuyao Liantong Plastic & Mould Co. Ltd.
• Medline Industries Inc.
• Origin Pharma Packaging
• Adelphi Healthcare Packaging

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.