Capsules have emerged as a reliable and efficient packaging solution for the overall pharmaceutical industry. These are packaged using various materials that are available in different sizes as per the packaging requirements. Due to the convenience of packaging and ease of dosage quantity, capsules are now steadily replacing tablets for various specified applications. Today, most of the food supplements are packaged in capsules. This has significantly elevated the demand for capsules, in comparison with conventional tablets. Capsule filling machines are equipment used to fill empty capsules with medicinal or nutrient substances.
The overall capsule filler machines market is primarily driven by the consistently rising pharmaceuticals industry worldwide. Capsules are increasingly being preferred due to their numerous advantages over tablets. Capsules are tasteless and odorless making them easy to administer and consume. Additionally, these are cost-effective, easy to handle/carry and capable of holding wide range of products including powder, granules and liquids. As a result, capsule filler machines have been witnessing continued demand across the world.
Another major factor fueling the market growth is the rising consumption of nutritional supplements worldwide. Nutritional supplements are majorly packaged in capsules due to ease of packaging and formulation. With the rising health awareness worldwide, the consumption of supplements is set to continue growing in the following years. This would further elevate the demand for related capsule filling machines during the forecast period.
The report titled “Global Capsule Filler Machine Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global capsule filler machine market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on equipment type, capacity and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading capsule filler machine vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Qualicaps LLC., Bosch Packaging Technology, Inc., Glenvale Packaging Ltd., MG America, Inc., Capsugel, Inc., IMA S.p.A., ACG Pam Pharma Technologies Pvt. Ltd., Schaefer Technologies, Inc., Riva GB Ltd., Harro Höfliger Verpackungsmaschinen GmbH and several others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global capsule filler machine market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
On the basis of product type, the overall capsule filler machine market is led by the fully automatic segment. As of 2016, the segment contributes to more than fifty percent of the total market revenue generated worldwide. Due to continually growing adoption of automation solutions, the demand for fully automatic machines has risen consistently over the period of time. With the continual advancement towards product enhancement in the sector, the segment is estimated to retain its dominant position in the market throughout the forecast period.
In the following years, hybrid capsule filler machines segment is set to register the highest growth. Hybrid machines are equipped with additional features including visual inspection system, weight inspection and imprinting. Traditionally, these inspections and printing were carried using additional machines, thereby leading to higher operating costs. With the consistent efforts towards product betterment, these features are now incorporated into a single filling machine. Due to reduced cost and improved process, hybrid machines are witnessing increased demand in the global market.
The overall capsule filler machine market across the globe is led by the Asia Pacific region. In 2016, Asia Pacific contributed to more than one third of the overall market revenue generated worldwide. The market here is mainly governed by countries such as China, Japan and South Korea. Other prominent markets for capsule filling machines include India, Indonesia and Thailand.
Growing pharmaceutical industry here is estimated to offer numerous opportunities for capsule filler machine manufacturers over the forecast period. In the following years, Asia Pacific is projected to emerge as the fastest growing market for capsule filler machines. Asia Pacific is poised to become the largest pharmaceuticals market in the following years.
North America follows Asia Pacific, in terms of revenue, in the overall capsule filler machines market. The market here is primarily governed by the U.S., accounting for more than eighty percent of the total regional revenue. This is attributed to the huge pharmaceutical manufacturing industry here. Additionally, due strong research and development sector for innovative drugs, the demand for capsule filler machines is projected to remain strong here.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Capsule Filler Machines market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Machine
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Capacity
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
