Global Softgel Manufacturing Equipment Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Softgel Manufacturing Equipment Market
Due to the COVID-19 pandemic, the global Softgel Manufacturing Equipment market size was value at US$ 110.91 million in 2021 and is forecast to be a readjusted size of US$ 195.43 million by 2028 with a CAGR of 8.4% during the forecast period 2022-2028.
The global main manufacturers of Softgel Manufacturing Equipment include Changsung Softgel System, SKY SOFTGEL, Technophar, Pharmagel, GIC Engineering, Sankyo, Kamata, Bochang, and Tooltronics, etc. In 2021, the global six largest players have a share approximately 79.76% in terms of revenue.
The North America Softgel Manufacturing Equipment market size was US$ 37.78 million in 2021, while China was about US$ 17.56 million. The proportion of the China was 15.83% in 2021 and it is predicted that the share will reach 16.21% in 2028, trailing a CAGR of 8.79% through the analysis period. As for the Europe Softgel Manufacturing Equipment landscape, Germany is projected to reach US$ 13.21 million by 2028. And in Asia, the notable markets are Japan and South Korea, CAGR is 5.46% and 6.12% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Soft Capsule Encapsulation Machines accounting for 22.64% of the Softgel Manufacturing Equipment global market in 2021, is projected to value US$ 143.41 million by 2028, growing at a revised 8.5% CAGR from 2022 to 2028. While Pharmaceutical segment is altered to an 6.2% CAGR throughout this forecast period and will hold a share about 60.59% in 2028.
Global Softgel Manufacturing Equipment Scope and Market Size
The global Softgel Manufacturing Equipment market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Softgel Manufacturing Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
Changsung Softgel System
SKY SOFTGEL
Technophar
Pharmagel
GIC Engineering
Sankyo
Kamata
Bochang
Tooltronics
TianMin Softgel Technologies
Segment by Type
Soft Capsule Encapsulation Machines
Soft Capsule Drying Systems
Other Auxiliary Devices
Segment by Application
Pharmaceutical
Health Supplements
Others
By Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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