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Compound Camphor Ointment Market

ID: MRFR/HC/7739-HCR
128 Pages
Rahul Gotadki
October 2025

Compound Camphor Ointment Market Research Report By Application (Pain Relief, Anti-inflammatory Treatment, Skin Care, Wound Treatment), By Distribution Channel (Online Platforms, Pharmacies, Retail Stores, Hospitals and Clinics), By Dosage Form (Ointment, Cream, Gel, Patch), By End User (Adults, Children, Geriatric Population) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Compound Camphor Ointment Market Summary

As per MRFR analysis, the Compound Camphor Ointment Market Size was estimated at 994.49 USD Million in 2024. The Compound Camphor Ointment industry is projected to grow from 1056.26 USD Million in 2025 to 1929.79 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.21 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Compound Camphor Ointment Market is experiencing robust growth driven by evolving consumer preferences and innovative product offerings.

  • The market is witnessing a rising demand for natural remedies, particularly in North America, which remains the largest market.
  • Innovative formulation techniques are gaining traction, especially in the Asia-Pacific region, recognized as the fastest-growing market.
  • The pain relief segment continues to dominate, while the muscle relaxation segment is emerging as the fastest-growing category.
  • Key market drivers include increasing awareness of health benefits and the expansion of e-commerce platforms, facilitating broader access to consumers.

Market Size & Forecast

2024 Market Size 994.49 (USD Million)
2035 Market Size 1929.79 (USD Million)
CAGR (2025 - 2035) 6.21%

Major Players

Bayer AG (DE), Johnson & Johnson (US), Procter & Gamble Co (US), GlaxoSmithKline plc (GB), Sanofi S.A. (FR), Pfizer Inc. (US), Mylan N.V. (US), Himalaya Wellness Company (IN), Haw Par Corporation Limited (SG)

Compound Camphor Ointment Market Trends

The Compound Camphor Ointment Market is currently experiencing a notable evolution, driven by increasing consumer awareness regarding natural remedies and their therapeutic benefits. This market appears to be influenced by a growing preference for topical analgesics that provide relief from pain and inflammation. As consumers seek alternatives to synthetic medications, the demand for products containing camphor is likely to rise. Furthermore, the trend towards holistic health practices may contribute to the expansion of this market segment, as individuals gravitate towards solutions perceived as safer and more effective. In addition, the Compound Camphor Ointment Market seems to be benefiting from advancements in formulation technologies. Manufacturers are exploring innovative methods to enhance the efficacy and absorption of camphor-based products. This focus on improving product performance may attract a broader consumer base, including those who are skeptical about traditional ointments. Moreover, the increasing availability of these products through various distribution channels, including online platforms, suggests a shift in purchasing behavior, making it easier for consumers to access these remedies. Overall, the market appears poised for growth as it adapts to changing consumer preferences and technological advancements.

Rising Demand for Natural Remedies

The Compound Camphor Ointment Market is witnessing a surge in interest as consumers increasingly favor natural remedies over synthetic alternatives. This trend reflects a broader shift towards holistic health practices, where individuals seek products perceived as safer and more effective for pain relief.

Innovative Formulation Techniques

Advancements in formulation technologies are playing a crucial role in the Compound Camphor Ointment Market. Manufacturers are focusing on enhancing the efficacy and absorption of camphor-based products, which may attract a wider audience and address consumer skepticism regarding traditional ointments.

Expansion of Distribution Channels

The Compound Camphor Ointment Market is benefiting from the growing availability of products through diverse distribution channels. The rise of online platforms is facilitating easier access for consumers, indicating a shift in purchasing behavior and potentially increasing market reach.

Compound Camphor Ointment Market Drivers

Growing Aging Population

The Global Compound Camphor Ointment Market Industry is significantly influenced by the increasing aging population worldwide. Older adults often experience chronic pain and discomfort, leading to a higher demand for effective pain relief solutions. As the global population aged 65 and over continues to rise, the need for accessible and effective topical treatments becomes more pronounced. This demographic shift is expected to propel the market forward, as older individuals seek out products that can alleviate their ailments. The projected growth in the aging population suggests a sustained demand for camphor ointments, further solidifying their position in the market.

Market Growth Projections

The Global Compound Camphor Ointment Market Industry is poised for substantial growth, with projections indicating a compound annual growth rate (CAGR) of 6.27% from 2025 to 2035. This growth is attributed to various factors, including the increasing demand for pain relief solutions, the expansion of distribution channels, and the rising awareness of health and wellness. As the market evolves, it is expected that new players will enter the industry, further intensifying competition. The anticipated growth trajectory suggests that the Global Compound Camphor Ointment Market Industry will continue to thrive, adapting to changing consumer preferences and market dynamics.

Expansion of Distribution Channels

The Global Compound Camphor Ointment Market Industry benefits from the expansion of distribution channels, which enhances product accessibility. With the rise of e-commerce and online retail platforms, consumers can easily purchase camphor ointments from the comfort of their homes. This trend is particularly relevant in regions where traditional retail options may be limited. Additionally, partnerships between manufacturers and pharmacies or health stores are becoming more common, further increasing the availability of these products. As distribution channels continue to diversify, the market is likely to see an uptick in sales, contributing to the overall growth trajectory of the Global Compound Camphor Ointment Market Industry.

Increased Focus on Natural Ingredients

There is a discernible shift towards natural and organic ingredients in the Global Compound Camphor Ointment Market Industry. Consumers are increasingly concerned about the potential side effects of synthetic compounds, leading to a preference for products that contain natural components like camphor. This trend aligns with a broader movement towards holistic health and wellness, where individuals prioritize products that are perceived as safer and more effective. As a result, manufacturers are reformulating their products to meet this demand, which is expected to drive market growth. The emphasis on natural ingredients is likely to enhance the appeal of camphor ointments in the competitive landscape.

Rising Demand for Pain Relief Products

The Global Compound Camphor Ointment Market Industry experiences a notable increase in demand for pain relief products. This trend is driven by a growing awareness of alternative therapies and the effectiveness of topical analgesics. As consumers seek non-invasive options for managing pain, the market for camphor ointments is projected to expand significantly. In 2024, the market is valued at approximately 0.99 USD Billion, indicating a robust consumer preference for these products. This demand is likely to continue, as more individuals turn to natural remedies for pain management, thus contributing to the overall growth of the Global Compound Camphor Ointment Market Industry.

Rising Awareness of Health and Wellness

The Global Compound Camphor Ointment Market Industry is experiencing growth due to the rising awareness of health and wellness among consumers. As individuals become more health-conscious, they are increasingly seeking products that promote well-being and alleviate discomfort. This trend is reflected in the growing popularity of camphor ointments, which are often marketed as natural remedies for various ailments. The market is projected to reach 1.93 USD Billion by 2035, indicating a strong consumer inclination towards health-oriented products. This heightened awareness is likely to drive innovation and product development within the industry, as companies strive to meet the evolving needs of health-conscious consumers.

Market Segment Insights

By Application: Pain Relief (Largest) vs. Muscle Relaxation (Fastest-Growing)

In the Compound Camphor Ointment Market, the application segment showcases a diverse range of uses, with Pain Relief capturing the largest market share. Predominantly favored in pain management therapies, this segment is integral to consumer preferences and healthcare recommendations. Following closely, Muscle Relaxation is emerging as a rapidly growing segment, gaining traction through increasing adoption for athletic and therapeutic uses. The trends driving this growth are largely attributed to the rising consumer awareness of natural and effective solutions for pain management and muscle recovery. Additionally, a growing trend toward holistic health approaches is propelling the anti-inflammatory and skin care sub-segments to prominence, suggesting a shift towards multifunctional ointment solutions in consumer preferences.

Pain Relief (Dominant) vs. Anti-Inflammatory (Emerging)

Pain Relief stands strongly in the Compound Camphor Ointment Market as the dominant segment, resonating with consumers seeking fast and effective solutions for chronic and acute pain. It is characterized by its formulation that provides quick relief and deep penetration, making it a preferred choice among patients and therapists alike. In contrast, the Anti-Inflammatory segment is emerging steadily, driven by rising demand for ointments that address inflammation-related discomfort and conditions. While it may not yet rival the prominence of Pain Relief, its growth is notable as consumers increasingly seek preventive care and long-term health benefits from their topical applications.

By Formulation Type: Topical Ointment (Largest) vs. Gel (Fastest-Growing)

The Compound Camphor Ointment Market is segmented into several formulation types, with Topical Ointments holding the largest market share. This segment is widely preferred due to its efficacy in delivering therapeutic benefits, particularly in pain relief and inflammation reduction. Gels and creams are also significant contributors, appealing for their lightweight texture and deep absorption, but they comprise a smaller share compared to ointments. Lotions generally attract a niche audience, focusing on hydration and skin soothing.

Topical Ointment (Dominant) vs. Gel (Emerging)

Topical Ointments are the dominant formulation type in the Compound Camphor Ointment Market, characterized by their high viscosity and versatility in treating various skin ailments. These products are favored for their long-lasting effects and ability to form a protective barrier on the skin. In contrast, gels are emerging with rapid growth potential, appealing to consumers looking for lighter, non-greasy solutions. They are rapidly becoming a preferred choice for younger demographics, thanks to their innovative formulations that enhance absorption and cooling sensations, positioning them as a significant future contender in this market.

By Distribution Channel: Pharmacies (Largest) vs. Online Retail (Fastest-Growing)

In the Compound Camphor Ointment Market, distribution channels play a crucial role in determining product availability and consumer access. Pharmacies have traditionally dominated this market, serving as the primary point of sale where consumers can easily purchase these ointments for various applications including pain relief and skin care. Online retailers, however, are quickly gaining ground, appealing to a broader audience who prefer the convenience of purchasing from home and having products delivered directly to their doorsteps. This shift in consumer behavior is compelling many brands to enhance their online presence. The growth trends in this segment reveal a significant shift in consumer purchasing behavior as more customers turn to e-commerce platforms for their pharmaceutical needs. The convenience of online shopping, combined with targeted marketing strategies and discounts, is propelling online retail as the fastest-growing channel in this market. Moreover, the increasing penetration of smartphones and the internet facilitates this trend, enabling retailers to reach a wider audience and provide better service tailored to consumer preferences.

Pharmacies (Dominant) vs. Online Retail (Emerging)

In the Compound Camphor Ointment Market, pharmacies represent a dominant distribution channel due to their established reputation and trust among consumers. They provide assured quality, regulatory compliance, and immediate access to knowledgeable pharmacists who can advise on product usage. Pharmacies often carry an extensive range of products, helping them maintain consumer loyalty. In contrast, online retail is emerging as a significant player, driven by changing consumer habits. With the increasing reliance on digital shopping, online platforms deliver unparalleled convenience, competitive pricing, and the ability to compare products with ease. This channel appeals particularly to tech-savvy consumers who appreciate efficiency and the broad selection offered by e-commerce sites.

By End User: Adults (Largest) vs. Children (Fastest-Growing)

In the Compound Camphor Ointment Market, the distribution of end users showcases a pronounced preference among adults, who constitute the largest segment. This demographic primarily seeks the therapeutic benefits associated with camphor ointment for pain relief and muscle relaxation. Meanwhile, the children segment is emerging rapidly, driven by increasing parental awareness of natural remedies and healthcare products specifically designed for younger users and their safety profiles. With the growing trend toward holistic and over-the-counter treatments, the demand for camphor ointments within the children segment is forecasted to expand significantly. The factors contributing to this growth include rising incidences of minor ailments treated with safe topical applications and a shift towards natural ingredients in skincare products favored by parents for their children.

Adults: Dominant vs. Children: Emerging

Adults represent the dominant segment in the Compound Camphor Ointment Market due to their greater incidence of health issues that warrant the use of ointments for relief. This group typically prioritizes products that offer effective pain management and muscle relief, leading to higher consumption rates. On the other hand, the children segment is categorized as emerging due to accelerated growth stemming from increased awareness among parents about the advantages and safety of such products for their children. The preference for non-invasive treatment options for pediatric care creates a significant market niche, encouraging manufacturers to innovate and market formulations that are specifically tailored for children, thus enhancing their usability and appeal.

Get more detailed insights about Compound Camphor Ointment Market

Regional Insights

North America : Market Leader in Ointments

North America is poised to maintain its leadership in the Compound Camphor Ointment market, holding a significant market share of 497.25 million. The region's growth is driven by increasing consumer awareness regarding health and wellness, alongside a rising demand for over-the-counter medications. Regulatory support from agencies like the FDA further enhances market dynamics, ensuring product safety and efficacy. The competitive landscape in North America is robust, featuring key players such as Johnson & Johnson and Pfizer Inc. These companies leverage advanced research and development to innovate and expand their product lines. The presence of established distribution networks and strong marketing strategies also contribute to the region's dominance, making it a focal point for market growth in the coming years.

Europe : Emerging Market with Potential

Europe's Compound Camphor Ointment market is valued at €250.0 million, reflecting a growing interest in natural and effective remedies. The region's demand is fueled by an increasing focus on self-medication and preventive healthcare. Regulatory frameworks, such as the European Medicines Agency guidelines, are pivotal in shaping market trends, ensuring that products meet high safety and quality standards. Leading countries like Germany and France are at the forefront of this market, with significant contributions from local manufacturers and multinational corporations. Key players, including GlaxoSmithKline and Sanofi S.A., are actively investing in product innovation and marketing strategies to capture a larger market share. The competitive landscape is characterized by a mix of established brands and emerging players, enhancing market dynamics.

Asia-Pacific : Rapidly Growing Market Segment

The Asia-Pacific region, with a market size of $200.0 million, is witnessing rapid growth in the Compound Camphor Ointment sector. This surge is attributed to rising disposable incomes, urbanization, and an increasing focus on health and wellness among consumers. Additionally, supportive government initiatives aimed at promoting traditional medicine are catalyzing market expansion, making it a key area for future investments. Countries like India and China are leading the charge, with a growing number of local manufacturers entering the market. Companies such as Himalaya Wellness are capitalizing on the demand for herbal and natural products. The competitive landscape is becoming increasingly dynamic, with both local and international players vying for market share, thus enhancing the overall growth potential of the region.

Middle East and Africa : Niche Market with Growth Potential

The Middle East and Africa (MEA) region, with a market size of $47.24 million, presents a niche yet promising opportunity for the Compound Camphor Ointment market. The growth in this region is driven by increasing healthcare awareness and a rising demand for effective topical treatments. Regulatory bodies are beginning to recognize the importance of such products, which is expected to catalyze market growth in the coming years. Countries like South Africa and the UAE are emerging as key players in this market, with local manufacturers and international companies exploring opportunities. The presence of key players such as Haw Par Corporation Limited indicates a growing interest in this segment. As the market evolves, the competitive landscape is likely to become more dynamic, offering new avenues for growth and investment.

Key Players and Competitive Insights

The Compound Camphor Ointment Market is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and a focus on sustainability. Key players such as Bayer AG (DE), Johnson & Johnson (US), and GlaxoSmithKline plc (GB) are actively pursuing strategies that enhance their market positioning. Bayer AG (DE) has been focusing on expanding its product portfolio through research and development, while Johnson & Johnson (US) emphasizes digital transformation to improve customer engagement and streamline operations. GlaxoSmithKline plc (GB) appears to be leveraging strategic alliances to enhance its distribution channels, thereby increasing its market reach. Collectively, these strategies contribute to a dynamic competitive environment where innovation and operational efficiency are paramount.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and improve supply chain resilience. The market structure is moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for niche players to thrive, while larger companies optimize their supply chains to maintain competitive advantages. The collective influence of these key players fosters a competitive atmosphere that encourages continuous improvement and adaptation.

In November 2025, Bayer AG (DE) announced a partnership with a leading technology firm to develop a new digital platform aimed at enhancing customer interaction and product accessibility. This strategic move is likely to bolster Bayer's market presence by providing consumers with a more personalized experience, thereby increasing brand loyalty and sales. The integration of technology into their operations signifies a shift towards a more customer-centric approach in the industry.

In October 2025, Johnson & Johnson (US) launched a new marketing campaign focused on the therapeutic benefits of its camphor ointment line, targeting both healthcare professionals and consumers. This initiative is expected to strengthen its market position by educating potential users about the product's efficacy, thus driving demand. The campaign reflects a broader trend in the industry where companies are investing in consumer education as a means to differentiate their offerings.

In September 2025, GlaxoSmithKline plc (GB) expanded its distribution network in Asia by partnering with local distributors to enhance product availability. This strategic expansion is indicative of the company's commitment to tapping into emerging markets, which are expected to witness increased demand for camphor ointments. By localizing its distribution, GlaxoSmithKline is likely to improve its market penetration and responsiveness to regional consumer needs.

As of December 2025, the competitive trends in the Compound Camphor Ointment Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) into product development and marketing strategies. Strategic alliances are playing a crucial role in shaping the current landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is expected to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge.

Key Companies in the Compound Camphor Ointment Market market include

Industry Developments

  • Q1 2024: DLC Laboratories, Inc. Announces Launch of New Compound Camphor Ointment Market Formula for North American Market DLC Laboratories, Inc. introduced a reformulated compound camphor ointment designed to meet updated regulatory standards and consumer demand for natural pain relief products in the U.S. and Canada.
  • Q2 2024: Amrutanjan Health Care Expands Production Capacity with New Facility for Camphor-Based Ointments Amrutanjan Health Care inaugurated a new manufacturing facility in India dedicated to the production of compound camphor ointments, aiming to meet rising domestic and export demand.
  • Q2 2024: Thera Wise Receives Health Canada Approval for New Compound Camphor Ointment Market Thera Wise announced regulatory approval from Health Canada for its latest compound camphor ointment, enabling nationwide distribution through pharmacies and online channels.
  • Q3 2024: Vi-Jon Laboratories Partners with Major U.S. Retailer to Supply Compound Camphor Ointment Market Nationwide Vi-Jon Laboratories secured a supply agreement with a leading U.S. retail chain to distribute its compound camphor ointment products across all store locations, expanding its market reach.
  • Q3 2024: McKesson Canada Signs Distribution Deal for Compound Camphor Ointment Market with GHC Group McKesson Canada entered into a distribution partnership with GHC Group to supply compound camphor ointment to hospitals and pharmacies throughout Canada.
  • Q4 2024: Sanjiu Medical & Pharmaceutical Announces Strategic Acquisition of Regional Camphor Ointment Manufacturer Sanjiu Medical & Pharmaceutical acquired a regional manufacturer specializing in compound camphor ointments, strengthening its supply chain and product portfolio in Asia.
  • Q4 2024: Indiana Botanic Gardens Launches Organic Compound Camphor Ointment Market Line Indiana Botanic Gardens introduced a new line of organic compound camphor ointments, targeting health-conscious consumers in the U.S. and Europe.
  • Q1 2025: Delon Laboratories Appoints New CEO to Drive Growth in Topical Ointment Segment Delon Laboratories named a new Chief Executive Officer, citing plans to expand its presence in the compound camphor ointment market and accelerate product innovation.
  • Q1 2025: Cigna Launches Direct-to-Consumer Telehealth Platform Featuring Compound Camphor Ointment Market Offerings Cigna unveiled a telehealth platform that includes direct sales of compound camphor ointment, aiming to streamline access for patients seeking over-the-counter pain relief.
  • Q2 2025: Emu Joy Secures Major Retail Contract for Camphor-Based Ointment Products Emu Joy announced a new contract with a national pharmacy chain to stock its compound camphor ointment products, significantly increasing its retail footprint.

Future Outlook

Compound Camphor Ointment Market Future Outlook

The Compound Camphor Ointment Market is projected to grow at a 6.21% CAGR from 2024 to 2035, driven by increasing demand for pain relief and natural remedies.

New opportunities lie in:

  • Expansion into e-commerce platforms for direct consumer sales.
  • Development of specialized formulations targeting sports injuries.
  • Partnerships with healthcare providers for integrated pain management solutions.

By 2035, the market is expected to solidify its position as a leader in topical analgesics.

Market Segmentation

Compound Camphor Ointment Market End User Outlook

  • Adults
  • Children
  • Athletes
  • Elderly

Compound Camphor Ointment Market Application Outlook

  • Pain Relief
  • Muscle Relaxation
  • Anti-Inflammatory
  • Skin Care
  • Respiratory Relief

Compound Camphor Ointment Market Formulation Type Outlook

  • Topical Ointment
  • Gel
  • Cream
  • Lotion

Compound Camphor Ointment Market Distribution Channel Outlook

  • Pharmacies
  • Online Retail
  • Supermarkets
  • Health Stores

Report Scope

MARKET SIZE 2024994.49(USD Million)
MARKET SIZE 20251056.26(USD Million)
MARKET SIZE 20351929.79(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)6.21% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledBayer AG (DE), Johnson & Johnson (US), Procter & Gamble Co (US), GlaxoSmithKline plc (GB), Sanofi S.A. (FR), Pfizer Inc. (US), Mylan N.V. (US), Himalaya Wellness Company (IN), Haw Par Corporation Limited (SG)
Segments CoveredApplication, Formulation Type, Distribution Channel, End User
Key Market OpportunitiesGrowing demand for natural remedies enhances opportunities in the Compound Camphor Ointment Market.
Key Market DynamicsRising consumer preference for natural remedies drives demand for Compound Camphor Ointment amid evolving regulatory landscapes.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the projected growth of the Compound Camphor Ointment market?

The Compound Camphor Ointment market is the expected increase in total market value of 1.93 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

What is the size of the Compound Camphor Ointment market?

Compound Camphor Ointment market size was valued at approximately 0.99 billion USD in 2024. This figure will reach 1.93 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

What is the CAGR of the Compound Camphor Ointment market?

Compound Camphor Ointment market is expected to grow at a CAGR of 6.21% between 2025 and 2035.

How much will the Compound Camphor Ointment market be worth by 2035?

Compound Camphor Ointment market is expected to be worth of 1.93 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

How will the Compound Camphor Ointment market perform over the next 10 years?

Over the next 10 years the Compound Camphor Ointment market is expected to shift from usd billion 0.99 to 1.93 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

What was the market size of the Global Compound Camphor Ointment Market in 2024?

The Global Compound Camphor Ointment Market was valued at approximately USD 0.88 billion in 2024.

Which region is expected to dominate the Global Compound Camphor Ointment Market?

Asia Pacific is expected to account for the largest share of the global market due to the increasing prevalence of skin infections and the growing demand for topical treatments.

Who are the key competitors in the Global Compound Camphor Ointment Market?

Key competitors in the market include GlaxoSmithKline, Johnson Johnson, Merck Co., Inc., and Pfizer Inc., among others.

What are the major growth drivers of the Global Compound Camphor Ointment Market?

Major growth drivers include the rising prevalence of skin infections, the increasing demand for topical treatments, and the growing awareness of the benefits of compound camphor ointments.

What are the challenges faced by the Global Compound Camphor Ointment Market?

Challenges faced by the market include the availability of generic alternatives, the stringent regulatory environment, and the potential side effects associated with compound camphor.

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