South Africa Topical Drugs Cdmo Market Size & Outlook
South Africa topical drugs cdmo market, 2018-2030 (US$M)
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South Africa topical drugs cdmo market highlights
- The South Africa topical drugs cdmo market generated a revenue of USD 518.3 million in 2023 and is expected to reach USD 1,032.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, semi-solid formulations was the largest revenue generating product in 2023.
- Solid Formulations is the most lucrative product segment registering the fastest growth during the forecast period.
Topical drugs cdmo market data book summary
| Market revenue in 2023 | USD 518.3 million |
| Market revenue in 2030 | USD 1,032.6 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Semi-solid formulations |
| Fastest growing segment | Solid Formulations |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi-solid Formulations, Liquid Formulations Drugs, Solid Formulations, Transdermal Products |
| Key market players worldwide | The Lubrizol Corp, Piramal Pharma Solutions, Cambrex, Contract Pharmaceuticals Limited, Bora Pharmaceuticals, Ascendia Pharmaceuticals, Pierre Fabre, DPT Laboratories, MediPharm Labs Corp, PCI Pharma Services |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global topical drugs cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia topical drugs cdmo market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 888.1 million by 2030.
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Topical Drugs CDMO Market Scope
Topical Drugs CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa topical drugs cdmo market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to topical drugs cdmo market will help companies and investors design strategic landscapes.
Semi-solid formulations was the largest segment with a revenue share of 68.07% in 2023. Horizon Databook has segmented the South Africa topical drugs cdmo market based on semi-solid formulations, liquid formulations drugs, solid formulations, transdermal products covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa topical drugs cdmo market , including forecasts for subscribers. This country databook contains high-level insights into South Africa topical drugs cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa topical drugs cdmo market size, by product, 2018-2030 (US$M)
South Africa Topical Drugs CDMO Market Outlook Share, 2023 & 2030 (US$M)
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