Market Overview:
The global softgel capsules polisher market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for softgel capsules from the pharmaceutical and health supplements industries. In addition, the growing awareness about the benefits of softgel capsules is also contributing to the growth of this market. The global softgel capsules polisher market can be segmented on the basis of type into manual and automatic polishers. The automatic polishers segment is expected to grow at a higher CAGR than that of manual polishers during the forecast period from 2018 to 2030. This can be attributed to their high efficiency and low maintenance requirements as compared with manual polishers.
Product Definition:
A softgel capsule polisher is a machine that is used to smooth the surface of softgel capsules. This is important because it helps to ensure that the capsules are free of any defects and look smooth and uniform. The machine also helps to remove any excess material from the surface of the capsules, which can help improve their appearance.
Manual:
The market for manual is expected to grow at a lucrative rate during the forecast period. The growth of this market can be attributed to factors such as growing geriatric population, rising disposable income and increasing awareness about health & fitness among people.
Additionally, technological advancements in the field of drug delivery systems are also expected to drive the demand for manual over the next seven years.
Automatic:
Automatic is a device that applies and removes polish from gel or wafer to give a perfect finish. It works by applying pressure to the surface of the capsule and polishing it off. The process can be repeated as many times as needed until the capsule is polished off completely.
The market for automatic capsules machines was estimated at USD 3,34 billion in 2015.
Application Insights:
Health supplements held the largest share of over 50.0% in 2015. The segment is expected to witness significant growth on account of rising geriatric population, who are more susceptible to health hazards due to vitamin deficiency and other related problems.
Pharmaceuticals are anticipated register a CAGR around 8.0% from 2016-2030 owing to growing government initiatives towards improving healthcare infrastructure at domestic level coupled with stringent regulations regarding drug safety.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high product demand from countries, such as China and India. In addition, increasing R&D activities by various companies for developing new products will drive growth in this region. For instance, Sun Pharmaceutical Industries Ltd., India based pharmaceutical company has developed Softgelsizeri that breaks down hard shell capsules into small pieces thus making them easier for children to swallow. This technology is patented and was published in Indian patent office on January 11th 2015 (Patent No: 1501519).
Europe also held a significant share of global softgel capsules polisher market due to growing geriatric population base coupled with rising health concerns over nutritional deficiencies among consumers especially women who are pregnant or lactating mothers thereby driving demand for dietary supplements.
Growth Factors:
- Increasing demand for softgel capsules from the pharmaceutical and nutraceutical industries as a result of their benefits such as ease of swallowing, improved bioavailability, and longer shelf life.
- Growing popularity of softgel capsules as an alternative to hard-shell capsules due to their many advantages over traditional dosage forms.
- Rising demand for softgel capsules from the veterinary industry for the treatment and prevention of animal diseases.
- Technological advancements in softgel capsule polishing equipment that are helping manufacturers improve quality and efficiency while reducing costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Softgel Capsules Polisher Market Research Report
By Type
Manual, Automatic
By Application
Health Supplements, Pharmaceutical
By Companies
Technophar, Key Technology, Vanguard Pharmaceutical Machinery, Beijing Oriental Huishen Technology Co., Ltd, ALLIANCE MACHINERY (SHANGHAI) CO., LTD., Wuxi Jangli Machinery Co.,Ltd, SEC softgel Technology, Zhongcheng Pharmaceutical Machinery, CapPlus Technologies, Technophar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Softgel Capsules Polisher Market Report Segments:
The global Softgel Capsules Polisher market is segmented on the basis of:
Types
Manual, Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Health Supplements, Pharmaceutical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Technophar
- Key Technology
- Vanguard Pharmaceutical Machinery
- Beijing Oriental Huishen Technology Co., Ltd
- ALLIANCE MACHINERY (SHANGHAI) CO., LTD.
- Wuxi Jangli Machinery Co.,Ltd
- SEC softgel Technology
- Zhongcheng Pharmaceutical Machinery
- CapPlus Technologies
- Technophar
Highlights of The Softgel Capsules Polisher Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual
- Automatic
- By Application:
- Health Supplements
- Pharmaceutical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Softgel Capsules Polisher Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Softgel capsules polisher is a device that helps to remove the hard coating on soft gel capsules. It also helps to break down the capsule's shell so that the active ingredients inside can be more easily absorbed by the body.
Some of the major companies in the softgel capsules polisher market are Technophar, Key Technology, Vanguard Pharmaceutical Machinery, Beijing Oriental Huishen Technology Co., Ltd, ALLIANCE MACHINERY (SHANGHAI) CO., LTD., Wuxi Jangli Machinery Co.,Ltd, SEC softgel Technology, Zhongcheng Pharmaceutical Machinery, CapPlus Technologies, Technophar.
The softgel capsules polisher market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Softgel Capsules Polisher Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Softgel Capsules Polisher Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Softgel Capsules Polisher Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Softgel Capsules Polisher Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Softgel Capsules Polisher Market Size & Forecast, 2018-2028 4.5.1 Softgel Capsules Polisher Market Size and Y-o-Y Growth 4.5.2 Softgel Capsules Polisher Market Absolute $ Opportunity
Chapter 5 Global Softgel Capsules Polisher Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Softgel Capsules Polisher Market Size Forecast by Type
5.2.1 Manual
5.2.2 Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Softgel Capsules Polisher Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Softgel Capsules Polisher Market Size Forecast by Applications
6.2.1 Health Supplements
6.2.2 Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Softgel Capsules Polisher Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Softgel Capsules Polisher Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Softgel Capsules Polisher Analysis and Forecast
9.1 Introduction
9.2 North America Softgel Capsules Polisher Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Softgel Capsules Polisher Market Size Forecast by Type
9.6.1 Manual
9.6.2 Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Softgel Capsules Polisher Market Size Forecast by Applications
9.10.1 Health Supplements
9.10.2 Pharmaceutical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Softgel Capsules Polisher Analysis and Forecast
10.1 Introduction
10.2 Europe Softgel Capsules Polisher Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Softgel Capsules Polisher Market Size Forecast by Type
10.6.1 Manual
10.6.2 Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Softgel Capsules Polisher Market Size Forecast by Applications
10.10.1 Health Supplements
10.10.2 Pharmaceutical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Softgel Capsules Polisher Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Softgel Capsules Polisher Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Softgel Capsules Polisher Market Size Forecast by Type
11.6.1 Manual
11.6.2 Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Softgel Capsules Polisher Market Size Forecast by Applications
11.10.1 Health Supplements
11.10.2 Pharmaceutical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Softgel Capsules Polisher Analysis and Forecast
12.1 Introduction
12.2 Latin America Softgel Capsules Polisher Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Softgel Capsules Polisher Market Size Forecast by Type
12.6.1 Manual
12.6.2 Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Softgel Capsules Polisher Market Size Forecast by Applications
12.10.1 Health Supplements
12.10.2 Pharmaceutical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Softgel Capsules Polisher Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Softgel Capsules Polisher Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Softgel Capsules Polisher Market Size Forecast by Type
13.6.1 Manual
13.6.2 Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Softgel Capsules Polisher Market Size Forecast by Applications
13.10.1 Health Supplements
13.10.2 Pharmaceutical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Softgel Capsules Polisher Market: Competitive Dashboard
14.2 Global Softgel Capsules Polisher Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Technophar
14.3.2 Key Technology
14.3.3 Vanguard Pharmaceutical Machinery
14.3.4 Beijing Oriental Huishen Technology Co., Ltd
14.3.5 ALLIANCE MACHINERY (SHANGHAI) CO., LTD.
14.3.6 Wuxi Jangli Machinery Co.,Ltd
14.3.7 SEC softgel Technology
14.3.8 Zhongcheng Pharmaceutical Machinery
14.3.9 CapPlus Technologies
14.3.10 Technophar