Global Paeonol Ointment Market Size, Share and Trends Analysis Report, By Type (Ointment 0.1%, Ointment 0.2%, Other), By Application (Rhinitis, Eczema, Dermatitis, Cold Prevention, and Other), Forecast (2022-2028)

The global paeonol ointment market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The market growth is driven by an increase in respiratory diseases, an increase in demand for more effective ointments, and an increase in awareness of paeonol ointments. In addition, Paeonol ointment sales is a marketing activity that involves the sale of paeonol ointment. It is an organic compound that is derived from the roots of trees belonging to the genus Styrax. It is a variety of medicinal properties and is used to treat various respiratory diseases such as rhinitis, eczema, and dermatitis.

 

The increasing incidence of cold & flu is further driving the growth of the paeonol ointment market. Paeonol ointment is effective in treating colds, coughs, and sore throats. It is also used as a preventive measure against these diseases. Paeonol oil reduces the duration and intensity of symptoms associated with fever, cough, and sore throat. It is also safe to use for children and adults. Paeonol ointment is available over the counter at most drug stores.

 

 

Paeonol ointment 0.02% is a topical medication used to relieve minor pain and inflammation associated with conditions such as arthritis, tendinitis, bursitis, menstrual cramps, muscle aches, and back pain. It is also used topically to relieve itching and insect bites, sunburn, and mild skin irritation. Paeonol ointment 0.02% is available off-the-counter (OTC) in most countries.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Changchun Puhua, Changchun Yingping Pharmaceutical, Hefei Cubic Pharmaceutical, Renhe, and Shandong MingrenFulida Pharmaceutical, among others.

 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global PaeonolOintment Market Report by Segment

By Type

• Ointment 0.1%
• Ointment 0.2%
• Other

By Application

• Rhinitis
• Eczema
• Cold prevention
• Other

Global Paeonol Ointment Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa