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Liquid Capsule Filling Machines Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Dec 2020 | 47 Views
 
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Liquid Capsule Filling Machines Market Outlook - 2027

Liquid capsule filling machines are the mechanical systems that are used to fill empty capsules with nutritional or pharmaceutical substances. In general, capsule filling machines are used to fill different materials like powder, granules, liquid, and others into the capsules. Capsules are one of the most popular forms of dosage used for nutrition and medicine purposes worldwide. These machines offer various advantages like improving the product stability and bio availability, allows liquid filling by band sealing, masking the bad taste and odor, capsules available in different colors, and more. Also, they provide extra lock to ensure tight sealing of the active ingredients inside the capsules. These machines hold major application in industries like pharmaceutical, biological, and others.  

Market scope and structure analysis:

                Report Metric

                                              Details

  Market size available for years

  2019–2027

  Base year considered

 2019

  Forecast period

  2020–2027

  Forecast units

  Value ($Million)

  Segments covered

  Product type, application, and region

  Geographies covered

North America (US, Mexico, and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

Major players analyzed include Acg Pam Pharma Technologies Private Limited, Harro Höfliger Verpackungsmaschinen GmbH, SaintyCo, Robert Bosch GmbH, Shanghai Develop Machinery Co., Limited, M G America Inc., Shanghai TIWIN Industry Co., Ltd., Shanghai Jiuwu Pharmtech Machinery Co., Ltd., Wenzhou Ouya Machinery Co., Ltd., Shanghai Pharmaceutical Machinery Co., Ltd., and Zhuhai Ting Kai Trading Co., Ltd.

 

 

COVID-19 Scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the liquid capsule filling machines industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of liquid capsule filling machines market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Drivers, restraints, and opportunities

The growing need for proper medicine along with rapidly growing population worldwide are the major factors that are expected to drive the growth of the liquid capsule filling market in the upcoming years. Besides, factors such as maintenance of hygiene and reliability on manufacturing of the capsules is another key factor that can potentially fuel the growth of the liquid capsule filling market. Moreover, a wide range of advantages offered by the liquid filling capsules machines like stability and bio availability, allows liquid filling by band sealing, masking the bad taste and odor, capsules available in different colors, and more can boost the demand for these machines in the liquid capsule filling market. However, high purchase costs associated with these machines is a restraining factor for the market growth. On the contrary, technological advancements and integration of Internet of Things (IoT) with pharmaceutical industry are the factors that are anticipated to provide lucrative growth opportunities for the liquid capsule filling market
during the forecast period.

Trends in liquid capsule filling machines market

New advanced product developments by key players

Manufacturers in the liquid capsule filling machines market are constantly upgrading their products and coming up with advanced features to differentiate their products from others in the market. To cite an instance, Robert Bosch GmbH, a German multinational company launched its new GKF Capsylon 705 Capsule Filler in 2018. The product includes time synchronized modular stations and is designed to produce 42,000 capsules per hour. This machine is best suited for frequent product changes and medium batch runs. The product offers a touch screen for providing commands and monitoring of production parameters. Such new advanced product developments with enhanced productivity by key market players can create a significant positive impact on the growth of the liquid capsule filling machines market in the upcoming years.  

New government schemes for the development of pharmaceutical industry

The population worldwide is growing rapidly which has resulted in the growing need for proper medicines. Governments of different countries are implementing new schemes for the development of pharmaceutical industry since public health is the primary concern for any country. For instance, the government of India has proposed a Scheme for Development of Pharmaceuticals in 2018. The implementation of this scheme was aimed at reducing costs of medical devices and bulk drugs by setting up facility centers to help small medium enterprises upgrade technology. To achieve this goal the government of India funded nearly $63 million for the development of pharmaceutical industry. Such new initiatives by governments of different countries are anticipated to boost the growth of the liquid capsule filling machines market during the forecast period.  

Key segments covered:

                     Segments

                              Sub-segments

  Product type

Manual
Semi-automatic
Automatic

  Application

Pharmaceutical Company
Biological Company
Others

 

Key benefits of the report:

  • This study represents the analytical representation of the global liquid capsule filling machines market combined with the ongoing trends and future predictions to determine investment opportunities.
  • The present market is thoroughly analyzed from 2019 to 2027 to enlighten the liquid capsule filling machines market growth.
  • The report gives information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the global liquid capsule filling machines market.
  • Segmentation details of the global liquid capsule filling machines market.
  • The report gives a comprehensive global liquid capsule filling machines market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years. 
 
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