Europe Capsule Filling Machine Market
Market Introduction
The European capsule filling machines market is divided into Germany, the UK, France, Italy, Spain, and Rest of Europe. The region holds a significant market share in the global capsule filling machines market. Europe occupies a significant position in the capsule filling machines market and is estimated to register a robust growth rate over the forecast period. The market growth in the region is expected due advanced facilities provided by the industrial infrastructure and rise in prevalence of cardiovascular diseases. The prevalence of cardiovascular diseases is rising in the region. The elderly population majorly contributes to the rise in the prevalence of cardiovascular diseases. Demographic changes are creating major challenges for patient care. The number of chronic illnesses is also steadily growing along with an increasingly aging population. At the same time, cost pressure in the healthcare sector is rising. As the Max Planck Institute 2019 states, approximately 30-40% of adults have high blood pressure in the country. The incidences increase with the growing age, and people above the age of 60 are more likely to develop CVD, which demands the Capsule dosage forms in large quantity drives the market growth.
The capsule filling machines market took a backseat at the beginning of the COVID-19 pandemic owing to factors such as disruptions in supply chains amid the lockdown measures enacted by several European countries. Although the emergence of SARS-CoV-2 has affected many industrial sectors in the later stages of the pandemic, the capsule filling machines market witnessed high demand for these machines requirements from the pharmaceutical, nutraceuticals, and other industries.
Market Overview and Dynamics
The capsule filling machine market in Europe is expected to grow from US$ 46.79 million in 2021 to US$ 64.03 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028. The increasing prevalence of chronic diseases, such as cardiovascular diseases (CVDs), cancer, diabetes, stroke, and kidney disease, has raised the demand for capsule filling machines to facilitate the medicinal capsule production. The rising prevalence of diabetes has increased need for medicinal capsules, driving the increased demand for capsule filling machines. The increasing prevalence of cancer is boosting the demand for capsule filling machines as well. The rising frequency of chronic diseases and infections, pharmaceuticals products are registering a rapid increase in their demand, underscoring the importance of capsule filling machines.
Key Market Segments
Europe capsule filling machine market is segmented into type, application, capacity, and country. The Europe capsule filling machine market, by type, is segmented into manual capsule filling machines, semi-automatic capsule filling machines, and fully automatic capsule filling machines. The fully automatic capsule filling machines segment held the largest share of the market in 2021. By application, the Europe capsule filling machine market is segmented into pharmaceutical, cosmetics, and others. In 2021, the pharmaceutical segment held the largest share of the market. The Europe capsule filling machine market, by capacity, is segmented into small (upto 50,000 capsules per hour), medium (50,000 capsules to 100,000 capsules per hour), and high (more than 100,000 capsules per hour). In 2021, the small (Upto 50,000 capsules per hour) segment held the largest share of the market. Based on country, the Europe capsule filling machine market is segmented into France, Germany, Italy, Spain, UK, and rest of Europe. Germany held the largest market share in 2021.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the capsule filling machine market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ACG; Beijing Hanlin Hangyu Technology Development Inc.; Capsugel, Inc (A subsidiary of Lonza Group AG); Dott. Bonapace & C. srl;
I.M.A. Industria Macchine Automatiche S.p.A.; Schaefer Technologies; Syntegon Technology GmbH; Torpac Inc.; and Zhejiang Fuchang Machinery Co. Ltd.
Reasons to buy report
Europe
Capsule Filling Machine Market
Segmentation
Europe Capsule
Filling Machine
Market -
By Type
Europe Capsule Filling Machine Market - By
Application
Europe Capsule Filling Machine Market - By Capacity
Europe Capsule Filling Machine Market - By Country
Europe Capsule Filling Machine Market - Company Profiles
Strategic insights for the Europe Capsule Filling Machine provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 46.79 Million |
| Market Size by 2028 | US$ 64.03 Million |
| Global CAGR (2021 - 2028) | 4.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Capsule Filling Machine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe Capsule Filling Machine Market is valued at US$ 46.79 Million in 2021, it is projected to reach US$ 64.03 Million by 2028.
As per our report Europe Capsule Filling Machine Market, the market size is valued at US$ 46.79 Million in 2021, projecting it to reach US$ 64.03 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.
The Europe Capsule Filling Machine Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Capsule Filling Machine Market report:
The Europe Capsule Filling Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Capsule Filling Machine Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Capsule Filling Machine Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Capsule Filling Machine Market
