Overview

The Traditional Chinese Medicine Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

Revenue for the Traditional Chinese Medicine Manufacturing industry has been increasing at an average annualized rate of 15.2% over the five years to 2016. In 2016, the industry is expected to generate $30.7 billion, up 8.6% from 2015. There are about 1,306 industry enterprises employing 159,924 workers with a total payroll of $1.5 billion.

Traditional Chinese medicine pills are the main instruments of Traditional Chinese medicine (TCM) clinics as well as important components of Chinese patent drugs. Domestic demand for industry products has increased from $3.3 billion in 2006 to an estimated $29.8 billion in 2016...

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Industry Report - Industry SWOT Analysis Chapter

Value-added for Traditional Chinese Medicine Manufacturing industry in China is expected to grow at an annualized rate of 10.7% in the ten years to 2021, much higher than China's annual GDP growth of 6.5% over the same period.

With rising living standards, an aging population, and an increased emphasis on healthy living, domestic demand for industry products has been growing strongly. In addition, the Chinese government has placed a high emphasis on the development of the industry and has been issuing standards and specifications to raise product quality and promote its market-oriented development.

There are various distribution channels for industry products, including hospitals, clinics, drugstores and supermarkets. Man..

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Additional Insights for the Traditional Chinese Medicine Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Traditional Chinese Medicine Manufacturing Industry are

  • Economies of scale
  • Undertaking technical research and development
  • Superior financial management and debt management
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - General Medical & Surgical Hospitals and Legislative Compliance Requirements - Medicinal and Pharmaceutical Product mfg in the Traditional Chinese Medicine Manufacturing industry impact industry performance..

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    Industry Products

    What is the Traditional Chinese Medicine Manufacturing Industry?

    The Traditional Chinese Medicine Manufacturing industry in China produces animal-based and herbal Chinese medicine and extracts.

    Industry Products
    Traditional Chinese medicine pills
    Granular traditional Chinese medicine pills
    Traditional Chinese medicine formula granules
    Traditional Chinese medicine powders
    Industry Activities
    Processing traditional Chinese medicinal materials
    Manufacturing traditional Chinese medicine pills, granules, and powders

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Downstream Demand - General Medical & Surgical Hospitals
  • Legislative Compliance Requirements - Medicinal and Pharmaceutical Product mfg
  • Household Disposable Income
  • Key Attitudinal Changes - Health Consciousness
  • Industry Systems and Technology - Plastic Injection Moulded Product mfg
  • Upstream Supplying Industries

  • Current Performance
  • Domestic demand
  • Exports and imports
  • Chart: Revenue Growth

  • Industry Outlook
  • Exports and imports
  • Table: Traditional Chinese Medicine Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Traditional Chinese Medicine Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Chinese Patent Drug Manufacturing
  • Pharmacies & Drugstores
  • General Hospitals
  • Traditional Chinese Medicine Hospitals
  • Health Clinics

  • Key Selling Industries
  • Chinese Medicinal Herb Growing
  • Medical Supplies Manufacturing

  • Products & Services
  • Traditional Chinese medicine pills
  • Granular traditional Chinese medicine pills
  • Traditional Chinese medicine formula granules
  • Traditional Chinese medicine powders
  • Chart: Traditional Chinese Medicine Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Consumer perception
  • Economic conditions
  • Aging population
  • Healthcare insurance coverage rates

  • Major Markets
  • Hospitals
  • Clinics
  • Drugstores
  • Exports
  • Other
  • Online sales
  • Chart: Major Market Segmentation for the Traditional Chinese Medicine Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchase
  • Depreciation
  • Chart: Cost Structure Benchmarking – Sector vs Traditional Chinese Medicine Manufacturing

  • Basis of Competition
  • Price
  • Product quality and performance
  • Product differentiation
  • Sales distribution channels
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Traditional Chinese Medicine Manufacturing Industry

  • Industry Globalization
    Major Companies
    Kangmei Pharmaceutical Co. Ltd.Beijing Tong Ren Tang Co. LtdTasly Pharmaceutical GroupJiangsu Kanion Pharmaceutical Co. Ltd.Zhengzhou Ruilong Pharmaceutical Co. Ltd.
  • Table: Kangmei Pharmaceutical Co. Ltd. - financial performance
  • Table: Beijing Tong Ren Tang Co. Ltd - financial performance
  • Table: Tasly Pharmaceutical Group - financial performance
  • Table: Jiangsu Kanion Pharmaceutical Co. Ltd. - financial performance
  • Table: Zhengzhou Ruilong Pharmaceutical Co. Ltd. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Traditional Chinese Medicine Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Traditional Chinese Medicine Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Total Assets (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Gmp (Good Manufacturing Practice)
  • Compulsory certification for the control and management of manufacturing and quality control testing of foods, pharmaceutical products and medical devices.
  • Good Selling Practice (Gsp)
  • Certification requiring drug distributors to go through an application, technical review and field assessment approval process.
  • Otc (Over The Counter)
  • General medicine that can be consumed without a doctor's prescription.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Traditional Chinese Medicine Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Traditional Chinese Medicine Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Traditional Chinese Medicine Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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