Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Ointment Market By Product Base, By Manufacturing Process, By Downstream Field, By Application, By End User and Geography
Ointment Market size was valued at US$ 1018.2 million in 2022 and is poised to grow at a CAGR of 6.2% from 2023-2029. An ointment is an oil-based preparation used on the skin to soothe or heal burns, wounds, rashes, scrapes, or other skin problems. Ointments are prepared for external use and intended for application to the skin. It is also used as a moisturizer or cosmetics. The ointment has four types based on product base including hydrocarbon bases, absorption bases, emulsion or water-removable bases, and water-soluble bases. A high incidence of burn injuries is one of the major application areas for ointment. The driving factors of the market are the increasing incidence of skin problems, wounds, burns, and allergies, rising awareness regarding various treatment options, and growing demand for beauty products, and moisturizers. The rising demand for self-administration and home care setting units is expected to provide significant strength & opportunities to the global ointment market with the increasing patient population & geriatric population.
Study Period
2024-2030Base Year
2023CAGR
6.2%Largest Market
EuropeFastest Growing Market
North America
The medicinal applications held a significant market share in 2021 and are anticipated to witness significant growth over the forecast period. The segment growth is majorly driven by the high demand for the beauty products like moisturizers for dry skin, and face ointments for acne-prone skin across the globe. Some of the antibiotics available on the market include neomycin sulfate, polymixin B sulfate and bacitracin (Neosporin), and bacitracin and polymixin B sulfate. The silver-based ointment segment is witnessed the fastest growth due to the treatment of second and third-degree burn infections. Some of the silver-based ointments are silver nitrate, silver foams, silver sulfadiazine, acticoat 7, flammacerium, and Aquacel-Ag, Silvercel.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 1018.2 million |
Market CAGR |
6.2% |
By Product Base |
|
By Manufacturing Process |
|
By Downstream Field |
|
By Application |
|
By End User |
|
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The ointment market size was valued at US$ 1018.2 million in 2022 and is poised to grow at a CAGR of 6.2% from 2023-2029
Glenmark Pharmaceuticals Ltd. (India), Galderma (Switzerland), Johnson & Johnson Private Limited (US), GlaxoSmithKline Plc. (UK), Bausch Health Companies Inc. (Canada)
North America is the fastest-growing region for ointment market
1. Executive Summary |
2. Global Ointment Market Introduction |
2.1. Global Ointment Market Taxonomy |
2.2. Global Ointment Market Definitions |
2.2.1. By Product Base |
2.2.2. By Manufacturing Procedure |
2.2.3. By Downstream Field |
2.2.4. By Application |
2.2.5. By End User |
2.2.6. By Region |
3. Global Ointment Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Ointment Market Dynamic Factors - Impact Analysis |
3.6. Global Ointment Market Competition Landscape |
3.7. Epidemiology |
4. Global Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Ointment Market, By Product Base, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1. Hydrocarbon Bases |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Absorption Bases |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Water-Soluble Bases |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Emulsion or Water-Removable Bases |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Ointment Market, By Manufacturing Procedure, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1. Trituration method |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fusion method |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Chemical reaction |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4. Emulsification |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Ointment Market, By Downstream Field, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1. Pharmacies & Drug Stores |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. e-Commerce |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Retail & Grocery Stores |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8. Global Ointment Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1. Medical |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Non-Medical |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
9. Global Ointment Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1. Hospitals and Clinics |
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Burn Centers |
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Home Care Setting |
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Individual User |
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
10. Global Ointment Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1. North America |
10.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.1.3. Market Opportunity Analysis |
10.2. Europe |
10.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.2.3. Market Opportunity Analysis |
10.3. Asia-Pacific |
10.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.3.3. Market Opportunity Analysis |
10.4. Latin America |
10.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.4.3. Market Opportunity Analysis |
10.5. Middle East and Africa |
10.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.5.3. Market Opportunity Analysis |
10.6. Global Ointment Market - Opportunity Analysis Index, By Product Base, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Region, 2023 - 2029 |
11. North America Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
11.1. Product Base Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Hydrocarbon Bases |
11.1.2. Absorption Bases |
11.1.3. Emulsion or Water-Removable Bases |
11.1.4. Water-Soluble Bases |
11.2. Manufacturing procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Trituration method |
11.2.2. Fusion method |
11.2.3. Chemical reaction |
11.2.4. Emulsification |
11.3. Downstream Field Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Pharmacies & Drug Stores |
11.3.2. e-Commerce |
11.3.3. Retail & Grocery Stores |
11.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Medical Application |
11.4.2. Non-medical Application |
11.5. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Hospital & Clinic |
11.5.2. Home Care Settings |
11.5.3. Burn Centers |
11.5.4. Individual User |
11.6. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.6.1. USA |
11.6.2. Canada |
11.7. North America Ointment Market - Opportunity Analysis Index, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Country, 2023 - 2029 |
11.8. North America Ointment Market Dynamics Trends |
12. Europe Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
12.1. Product Base Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Hydrocarbon Bases |
12.1.2. Absorption Bases |
12.1.3. Emulsion or Water-Removable Bases |
12.1.4. Water-Soluble Bases |
12.2. Manufacturing procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Trituration method |
12.2.2. Fusion method |
12.2.3. Chemical reaction |
12.2.4. Emulsification |
12.3. Downstream Field Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Pharmacies & Drug Stores |
12.3.2. e-Commerce |
12.3.3. Retail & Grocery Stores |
12.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Medical Application |
12.4.2. Non-medical Application |
12.5. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Hospital & Clinic |
12.5.2. Home Care Settings |
12.5.3. Burn Centers |
12.5.4. Individual User |
12.6. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.6.1. Germany |
12.6.2. UK |
12.6.3. France |
12.6.4. Spain |
12.6.5. Italy |
12.6.6. Rest of Europe |
12.7. Europe Ointment Market - Opportunity Analysis Index, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Country, 2023 - 2029 |
12.8. Europe Ointment Market Dynamics Trends |
13. Asia-Pacific Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
13.1. Product Base Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Hydrocarbon Bases |
13.1.2. Absorption Bases |
13.1.3. Emulsion or Water-Removable Bases |
13.1.4. Water-Soluble Bases |
13.2. Manufacturing procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Trituration method |
13.2.2. Fusion method |
13.2.3. Chemical reaction |
13.2.4. Emulsification |
13.3. Downstream Field Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Pharmacies & Drug Stores |
13.3.2. e-Commerce |
13.3.3. Retail & Grocery Stores |
13.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Medical Application |
13.4.2. Non-medical Application |
13.5. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Hospital & Clinic |
13.5.2. Home Care Settings |
13.5.3. Burn Centers |
13.5.4. Individual User |
13.6. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.6.1. China |
13.6.2. India |
13.6.3. Japan |
13.6.4. ASEAN |
13.6.5. Australia & New Zealand |
13.6.6. Rest of Asia-Pacific |
13.7. Asia-Pacific Ointment Market - Opportunity Analysis Index, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Country, 2023 - 2029 |
13.8. Asia-Pacific Ointment Market Dynamics Trends |
14. Latin America Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
14.1. Product Base Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Hydrocarbon Bases |
14.1.2. Absorption Bases |
14.1.3. Emulsion or Water-Removable Bases |
14.1.4. Water-Soluble Bases |
14.2. Manufacturing procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Trituration method |
14.2.2. Fusion method |
14.2.3. Chemical reaction |
14.2.4. Emulsification |
14.3. Downstream Field Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Pharmacies & Drug Stores |
14.3.2. e-Commerce |
14.3.3. Retail & Grocery Stores |
14.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Medical Application |
14.4.2. Non-medical Application |
14.5. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Hospital & Clinic |
14.5.2. Home Care Settings |
14.5.3. Burn Centers |
14.5.4. Individual User |
14.6. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.6.1. Brazil |
14.6.2. Mexico |
14.6.3. Rest of Latin America |
14.7. Latin America Ointment Market - Opportunity Analysis Index, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Country, 2023 - 2029 |
14.8. Latin America Ointment Market Dynamics Trends |
15. Middle East and Africa Ointment Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
15.1. Product Base Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.1.1. Hydrocarbon Bases |
15.1.2. Absorption Bases |
15.1.3. Emulsion or Water-Removable Bases |
15.1.4. Water-Soluble Bases |
15.2. Manufacturing procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.2.1. Trituration method |
15.2.2. Fusion method |
15.2.3. Chemical reaction |
15.2.4. Emulsification |
15.3. Downstream Field Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.3.1. Pharmacies & Drug Stores |
15.3.2. e-Commerce |
15.3.3. Retail & Grocery Stores |
15.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.4.1. Medical Application |
15.4.2. Non-medical Application |
15.5. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.5.1. Hospital & Clinic |
15.5.2. Home Care Settings |
15.5.3. Burn Centers |
15.5.4. Individual User |
15.6. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
15.6.1. Gulf Cooperation Council (GCC) Countries |
15.6.2. South Africa |
15.6.3. Rest of MEA |
15.7. MEA Ointment Market - Opportunity Analysis Index, By Product Base, By Manufacturing procedure, By Downstream field, By Application, By End User, and Country, 2023 - 2029 |
15.8. MEA Ointment Market Dynamics Trends |
16. Competition Landscape |
16.1. Strategic Dashboard of Top Market Players |
16.2. Company Profiles (Introduction, Financial Analysis, Key Bases, Key Developments, Strategies, and SWOT Analysis) |
16.2.1. Glenmark Pharmaceuticals Ltd. (India) |
16.2.2. Galderma (Switzerland) |
16.2.3. Johnson & Johnson Private Limited (US) |
16.2.4. GlaxoSmithKline Plc. (UK) |
16.2.5. Bausch Health Companies Inc. (Canada) |
16.2.6. Taro pharmaceuticals |
16.2.7. Sun Pharmaceutical Industries Ltd. |
16.2.8. Dr. Morepen |
16.2.9. Smith & Nephew |
16.2.10. ConvaTec Inc. |
17. Research Methodology |
18. Key Assumptions and Acronyms |
Key Market Players