An ointment is a semi-solid pharmaceutical preparation applied to the skin, eyes, or mucous membranes for medicinal or cosmetic purposes. Formulated with drug molecules and excipients such as propylene glycol, lanolin, petrolatum, and vegetable oils, ointments are categorized into four types: hydrocarbon bases for moisturizing and medication contact, absorption bases for better medicine absorption and moisturizing, water-removable bases for cosmetic use and easier washing, and water-soluble bases for greaseless applications. They are preferred for treating dry skin, enhancing active ingredient penetration, moisturizing, and for sensitive skin. Common examples include topical steroids, moisturizers like Eucerin and Vaseline, and antibiotic ointments like Neosporin.
What is the market size of the ointment?
According to Business Research Insights, the global topical ointment market is projected to reach $47932.87 million by 2031, with a 5.3% CAGR during the forecast period.
How To Find Best Ointments Private Label and Contract Manufacturers?
When searching for the best private label and contract manufacturers for ointments, start by researching and creating a list of companies with strong reputations in the pharmaceutical or cosmetic industry, especially those that specialize in ointments. Make sure they have relevant certifications such as GMP, ISO, and FDA approvals, which demonstrate adherence to quality standards. Assess their product range, including different formulations and specialized ointments, and consider their minimum order quantities (MOQs) for initial investment and inventory. Seek out ointment private label and contract manufacturers that offer custom formulation services and have strong research and development capabilities. Take into account their packaging options and review client testimonials to judge reliability and service quality. By following these steps, you can find a suitable partner for your private label ointment products.