The market is dominated by domestic suppliers, as imports account for 8.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 84.4% of total demand in 2020. China has the largest market size for pharmaceuticals in the region, with demand reaching USD519 billion in 2020. Shanghai Pharmaceuticals Holding Co Ltd is the largest company in China, generating 5.8% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 14.0% of total production value in 2020. The total number of companies decreases in 2020, to 41,187 units. The costs of the industry increase by 3.1% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 17.6% of production value in 2020, the 13th highest in the region. With production value of USD436 billion, China accounts for 69.5% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Pharmaceuticals in China: ISIC 2423. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pharmaceuticals in China: ISIC 2423 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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