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The benefits of using nicotine patches are one of the key factors expected to influence the market's growth during the forecast period. Nicotine is harmful when consumed in excess, though it has several benefits when consumed in an appropriate quantity, as in the case of nicotine patches. Nicotine patches respond well to the convenience factor desired by customers, as they can be worn under clothes and provide a regulated dosage of nicotine, unlike gums and lozenges. Smoking cessation using nicotine patches lowers the risk of cardiovascular diseases and other non-communicable diseases such as cancer. In addition, online retailing is a nicotine patch market trend that is expected to have a positive impact in the coming years. Online shopping portals have also incorporated enhanced security features for efficient customer service and payments, along with customer-friendly website designs that offer enhanced product visibility. This trend is encouraging various manufacturers to concentrate on the internet-savvy customer segment and helps vendors in reducing operating costs and overheads.
The stringent regulations will be a major challenge for the nicotine patch market during the forecast period. Players in the global nicotine patch market must adhere to the stringent rules and regulations imposed by various government bodies in different countries to check the sale of tobacco products. In the US, vendors must adhere to the rules and regulations imposed by the FDA. Smoking cessation products are regulated through the FDA Center for Drug Evaluation and Research. It is the duty of this branch to ensure that products are safe. In India, the advertisement of nicotine-based products is banned. Thus, the presence of stringent regulations pertaining to labeling, sales, and marketing of nicotine-based products can hinder the growth of the global nicotine patch market during the forecast period.
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Vendor Landscape
The nicotine patch market is fragmented and the vendors are deploying growth strategies such as focusing on acquiring other smaller brands to increase their market presence to compete in the market. To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The nicotine patch market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Major Five Nicotine Patch Companies:
- British American Tobacco Plc: The company offers nicotine patches under the brand Velo, which contain high purity nicotine, water and other high-quality ingredients.
- Cardinal Health Inc.: The company offers nicotine patches such as Nicotine Transdermal System with 21mg of nicotine.
- Cipla Health Ltd.: The company offers nicotine patches such as Nicotex Patch which is a transdermal patch that helps quit smoking using the principle of Nicotine Replacement Therapy.
- CVS Health Corp.: The company offers nicotine patches such as CVS Smoking Cessation Patches that help quit smoking.
- Dr. Reddys Laboratories Ltd.: The company offers nicotine patches namely Habitrol nicotine patches.
- Cigna Corp.
- Itaconix Corp.
- Merck KGaA
- Novartis AG
- Perrigo Co. Plc
- Pfizer Inc.
- Pierre Fabre SA
- Rusan Pharma Ltd.
- Target Corp.
- Walgreens Boots Alliance Inc.
- Walmart Inc.
- GlaxoSmithKline Plc
- Johnson and Johnson
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Nicotine Patch Market Product Outlook (Revenue, USD mn, 2021-2026)
- 24-hour nicotine patch - size and forecast 2021-2026
- 16-hour nicotine patch - size and forecast 2021-2026
The nicotine patch market share growth in the 24-hour nicotine patch segment will be significant during the forecast period. In 2021, the 24-hour nicotine patch was the largest product segment of the global nicotine patch market. The 24-hour nicotine patches are available in three variants: 21 mg, 14 mg, and 7 mg. The global 24-hour nicotine patch market is invigorated by technological innovations.
Nicotine Patch Market Geography Outlook (Revenue, USD mn, 2021-2026)
- North America - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- APAC - size and forecast 2021-2026
- South America - size and forecast 2021-2026
- Middle East and Africa - size and forecast 2021-2026
47% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for nicotine patches in North America. Market growth in this region will be faster than the growth of the market in the Europen and MEA regions. The rising awareness among consumers about nicotine patches being an effective smoking cessation aid to quit smoking and the increasing number of people who opt for smoking cessation products to quit smoking will facilitate the nicotine patch market growth in North America over the forecast period.
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Related Reports on Health Care Include:
Smoking Cessation and Nicotine De-addiction Market by Product and Geography - Forecast and Analysis 2021-2025: The smoking cessation and nicotine de-addiction market share is expected to increase by USD 18.01 billion from 2020 to 2025
Nicotine Gum Market by Product and Geography - Forecast and Analysis 2021-2025: The nicotine gum market share is expected to increase to USD 1.01 billion from 2020 to 2025 at an accelerating CAGR of 4.43%.
Tobacco Alternative Gums Market by Type, Distribution Channel, and Geography - Forecast and Analysis 2020-2024: The tobacco alternative gums market size will record an incremental growth of $ 660.60 mn and a CAGR of 6% during 2020-2024.
E-cigarette Market by Product and Geography - Forecast and Analysis 2022-2026: The e-cigarette market share is expected to increase to USD 15.57 billion from 2021 to 2026, at an accelerating CAGR of 11.2%.
Nicotine Patch Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.55% |
Market growth 2022-2026 |
$ 363.81 million |
Market structure |
Fragmented |
YoY growth (%) |
6.98 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 47% |
Key consumer countries |
US, Canada, Germany, UK, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
British American Tobacco Plc, Cardinal Health Inc., Cigna Corp., Cipla Health Ltd., CVS Health Corp., Dr. Reddys Laboratories Ltd., Itaconix Corp., Merck KGaA, Novartis AG, Perrigo Co. Plc, Pfizer Inc., Pierre Fabre SA, Rusan Pharma Ltd., Target Corp., Walgreens Boots Alliance Inc., Walmart Inc., GlaxoSmithKline Plc, and Johnson and Johnson |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 24-hour nicotine patch - Market size and forecast 2021-2026
- Exhibit 28: Chart on 24-hour nicotine patch - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on 24-hour nicotine patch - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on 24-hour nicotine patch - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on 24-hour nicotine patch - Year-over-year growth 2021-2026 (%)
- 5.4 16-hour nicotine patch - Market size and forecast 2021-2026
- Exhibit 32: Chart on 16-hour nicotine patch - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on 16-hour nicotine patch - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on 16-hour nicotine patch - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on 16-hour nicotine patch - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 British American Tobacco Plc
- Exhibit 89: British American Tobacco Plc - Overview
- Exhibit 90: British American Tobacco Plc - Business segments
- Exhibit 91: British American Tobacco Plc - Key news
- Exhibit 92: British American Tobacco Plc - Key offerings
- Exhibit 93: British American Tobacco Plc - Segment focus
- 10.4 Cardinal Health Inc.
- Exhibit 94: Cardinal Health Inc. - Overview
- Exhibit 95: Cardinal Health Inc. - Business segments
- Exhibit 96: Cardinal Health Inc. - Key news
- Exhibit 97: Cardinal Health Inc. - Key offerings
- Exhibit 98: Cardinal Health Inc. - Segment focus
- 10.5 Cipla Health Ltd.
- Exhibit 99: Cipla Health Ltd. - Overview
- Exhibit 100: Cipla Health Ltd. - Product / Service
- Exhibit 101: Cipla Health Ltd. - Key offerings
- 10.6 CVS Health Corp.
- Exhibit 102: CVS Health Corp. - Overview
- Exhibit 103: CVS Health Corp. - Business segments
- Exhibit 104: CVS Health Corp. - Key offerings
- Exhibit 105: CVS Health Corp. - Segment focus
- 10.7 Dr. Reddys Laboratories Ltd.
- Exhibit 106: Dr. Reddys Laboratories Ltd. - Overview
- Exhibit 107: Dr. Reddys Laboratories Ltd. - Business segments
- Exhibit 108: Dr. Reddys Laboratories Ltd. - Key offerings
- Exhibit 109: Dr. Reddys Laboratories Ltd. - Segment focus
- 10.8 GlaxoSmithKline Plc
- Exhibit 110: GlaxoSmithKline Plc - Overview
- Exhibit 111: GlaxoSmithKline Plc - Business segments
- Exhibit 112: GlaxoSmithKline Plc - Key news
- Exhibit 113: GlaxoSmithKline Plc - Key offerings
- Exhibit 114: GlaxoSmithKline Plc - Segment focus
- 10.9 Itaconix Corp.
- Exhibit 115: Itaconix Corp. - Overview
- Exhibit 116: Itaconix Corp. - Product / Service
- Exhibit 117: Itaconix Corp. - Key offerings
- 10.10 Johnson and Johnson
- Exhibit 118: Johnson and Johnson - Overview
- Exhibit 119: Johnson and Johnson - Business segments
- Exhibit 120: Johnson and Johnson - Key news
- Exhibit 121: Johnson and Johnson - Key offerings
- Exhibit 122: Johnson and Johnson - Segment focus
- 10.11 Novartis AG
- Exhibit 123: Novartis AG - Overview
- Exhibit 124: Novartis AG - Business segments
- Exhibit 125: Novartis AG - Key offerings
- Exhibit 126: Novartis AG - Segment focus
- 10.12 Perrigo Co. Plc
- Exhibit 127: Perrigo Co. Plc - Overview
- Exhibit 128: Perrigo Co. Plc - Business segments
- Exhibit 129: Perrigo Co. Plc - Key offerings
- Exhibit 130: Perrigo Co. Plc - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 131: Inclusions checklist
- Exhibit 132: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 133: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 134: Research methodology
- Exhibit 135: Validation techniques employed for market sizing
- Exhibit 136: Information sources
- 11.5 List of abbreviations
- Exhibit 137: List of abbreviations
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