PUBLISHER: QYResearch | PRODUCT CODE: 1151790
PUBLISHER: QYResearch | PRODUCT CODE: 1151790
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.
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.