Increasing unhealthy lifestyles, consumer orientation towards alcoholism, medicines for different treatments, and busy lifestyles are some of the concrete reasons for constipation. As per a survey done by Sheer Analytics and Insights Private Limited, from a sample of 100,000 globally, we came to know that the most common reasons for constipation are obesity and bad food habits. Other reasons which have been enlisted in this study are chronic diseases and other infections.
According to this study, it has been found that in the majority of the countries, Laxatives are consumed on an OTC basis. For general gastric problems, apart from this, it has also been found that the total market for laxatives was USD 6.7 billion and is expected to grow at the rate of more than 5% globally during the forecast period from 2021 to 2031.
Global Laxatives Market Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The historical data covered in the report is from 2016 to 2020. It has also been found that the most consumed country for laxatives is based in India. This founding is attributed to the increasing unhealthy lifestyles among Indians. One in every four individuals faces gastric problems regularly, while 2 of every four individuals face the same at intermittent levels.
This study gives us a concrete idea about the usage of different types of products used to treat constipation or bowel management. The report published by Sheer Analytics and Insights private limited, June 2021 version. Primary data includes information gathered from successful primaries; survey data encompasses data gathered from internal surveys and secondary data covers. This study also provides us an analysis of consumption analysis on a regular and temporary basis by different age groups.
From this study, it has also been found that most people consuming these Laxatives are in the age group of 30 to 50, followed by the 50 to 65 age group. From the above study, it has also been found that the most common gender facing this problem is male.
This study covers a comprehensive analysis of the market scenario and comparison of Laxatives with other treatment methods such as ayurvedic, homeopathic, and Unani. It has been found that people mainly in China and India believe in traditional methods rather than going to doctors for these gastric treatments. This reason is one of the major hindrances in the growth of the overall market and has a long-term impact.
Historical Data: 2015-2019
Base Data – 2020
Forecast Data – 2021-2031
Major Players in the Global Laxatives Market
Key players in the report include Bayer AG, Boehringer Ingelheim Pharmaceuticals Inc., Eskag Pharma Pvt. Ltd., GlaxoSmithKline Plc, Procter & Gamble Company, Purdue Pharma L.P., Mallinckrodt Pharmaceuticals, Abbott Laboratories, Braintree, Sucampo Pharmaceuticals and among others.
For North America:
For Asia Pacific:
*Note- Country level analysis will be available on request.
This study is being analyzed on parameters such as Gender, Age Group, Drugs used by different age groups and
Our Research Approach:
Square point approach
Square point approach is a copyright methodology of Sheer Analytics and insights Private Limited.
Key market players have been identified through a review of secondary sources, including industry white papers, annual reports, published reports by credible agencies, financial reports, and published interviews of company executives from leading companies. During the primary interviews, the company executives also suggested other Laxatives Market producers under the study's initial scope. The company profile section was further verified by adding suggestions given by Laxatives Market by KOLs.
KOLs typically include chief executive officers (CEOs), general managers, vice presidents, sales directors, market executives, research, and development (R&D) directors, product managers, procurement managers, and export managers.
In the first phase of the study, revenue for the Laxatives Market was determined by reviewing annual sales reports of significant companies, analyzing related industry reports, tracking global import and export trends, and monitoring financial parameters related to the market.
Primary research interviews were used to verify and refine forecast estimates from the demand and supply side of companies in the second and third phases. In the fourth phase, based on the surveys, some initial findings were kept intact. The survey has been done to ensure that data gathered should integrate with consumer data. In the conclusion phase, data has been scaled up using data models and the machine learning process to ensure the best results through all integrations.