Global Softgel Machine Market Growth 2023-2029
The Softgel Machine includes a line of machines that produce softgel, such as soft capsule encapsulation machine, soft capsule drying system, etc. The typical players include Changsung Softgel System, Technophar, SKY, Pharmagel, GIC Engineering, etc.
LPI (LP Information)' newest research report, the “Softgel Machine Industry Forecast” looks at past sales and reviews total world Softgel Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Softgel Machine sales for 2023 through 2029. With Softgel Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Softgel Machine industry.
This Insight Report provides a comprehensive analysis of the global Softgel Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Softgel Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Softgel Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Softgel Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Softgel Machine.
The global Softgel Machine market size is projected to grow from US$ 221.2 million in 2022 to US$ 506.1 million in 2029; it is expected to grow at a CAGR of 506.1 from 2023 to 2029.
Geographically, APAC is the fastest-growing region, especially China, which plays a more important role in the world. APAC market took up about 39.61% of the global market in 2019, while Americas and Europe were about 33.77%, 21.75%.
By types, Softgel manufacturing equipment main includes soft capsule encapsulation machine, soft capsule drying systems and other auxiliary devices. Soft capsule encapsulation machine is the most expensive type which took up about 66.76 % of the total cost in 2019.
By applications, Softgel Manufacturing Equipment are mainly used in Pharmaceutical, Health Supplements and others. And Health Supplements was the most widely used area which took up about 64.29% of the total in 2019.
Due to the Covid-19, the global market size suffer a decline in the growth rate, especially in the late March and April, the situation now is improving, the market will be better and return to the normal status in the next year.
This report presents a comprehensive overview, market shares, and growth opportunities of Softgel Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Soft Capsule Encapsulation Machines
Soft Capsule Drying Systems
Other Auxiliary Devices
Segmentation by application
Pharmacy
Health Supplements
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Changsung Softgel System
Technophar
SKY SOFTGEL & PACK
Pharmagel
GIC Engineering
Sankyo
Tooltronics
Long March Tianmin
Kamata
Bochang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Softgel Machine market?
What factors are driving Softgel Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Softgel Machine market opportunities vary by end market size?
How does Softgel Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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