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MARKET OUTLOOK
Triton Market Research has stated that the market for cleanroom consumables in the Middle East and Africa is likely to expand with a CAGR of 12.18% in the projected duration from 2021 to 2028. Turkey, South Africa, Israel, Saudi Arabia, and Rest of MEA together form the market in this region.
The Middle East and Africa is a key region for the healthcare industry. At present, the cleanroom technology market over here is in the nascent stage. However, with the increase in investments and support from the government, industries in the region are expected to show immense growth. The pharmaceutical industry, in particular, is expected to expand further, with the rise in public-private health partnerships and an increase in healthcare spending. All these factors are expected to consolidate the market for cleanroom technology in the region. This will prove beneficial for the growth of the cleanroom consumables market as well.
Further, South Africa’s pharmaceutical market is also expected to grow, due to the high demand for generics and the high disease burden in the nation. The demand for generic medicines is rising due to the low cost of these medications. The presence of generic medicine manufacturers, such as Adcock Ingram and Aspen, provides several opportunities for the further development of the country’s pharmaceutical industry. Thus, the pharmaceutical industry’s progress will also enhance the demand for cleanroom technology over the forecast period. This is expected to positively impact the studied market’s growth in South Africa.
COMPETITIVE OUTLOOK
The prominent companies operating in the cleanroom consumables market are Berkshire Corporation, Valutek, Nitritex Ltd, Aramark, Kimberly Clark Corporation, and Contec Inc.