Capsule
filling machines are used in pharmaceutical industries for filling gelatin or
non-gelatin capsules with active pharmaceutical ingredients in a quick,
accurate and consistent manner. These machines offer high production capacity,
quicker changeover time between batches, reduced manual errors and improved
quality control. Growing demand for capsule medications and expanding
pharmaceutical industry globally is driving the need for automated capsule
filling equipment.
The Capsule
filling machines Market is estimated to be valued at US$ 1.92 Bn in 2024
and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to
2030.
Key Takeaways
Key players operating in the Capsule Filling Machines market are Robert Bosch
GmbH, IMA S.p.A., MG2 s.r.l., Romaco Group, ACIC Pharmaceutical Machinery,
Torpac Inc., Dott Bonapace & C Srl, Schaefer Technologies, Inc., TITAN
PHARMACEUTICAL MACHINERY, Adinath International, ACG Worldwide, Jornen Machinery
Co., Ltd., Hanningfield Process Systems Ltd., N.K Industries, Kambert Machinery
Co. Pvt. Ltd., SaintyTec, Cap Plus Technologies Pvt. Ltd., Hanlin Hangyu
Industrial Co., Ltd., Harro Höfliger Verpackungsmaschinen GmbH, Qualicaps.
Growing demand for capsule medications and rapid growth of pharmaceutical
sector has greatly benefitted the capsule filling machines market. Factors such
as rising prevalence of conditions requiring drug delivery through capsules,
growing geriatric population opting for medicines in capsule form for ease of
consumption and technological advancements allowing for automated high speed
production have boosted demand. Manufacturers are able to produce more capsules
per minute through automated machines, improving productivity for pharmaceutical
companies.
Key players have established strong global presence through acquisitions and
collaborations with other machinery manufacturers and pharmaceutical industry
players. IMA and Bosch have significantly expanded in Asian markets like India
and China through partnerships with established local pharma equipment
providers. Players are focusing on product innovation, development of capsule
filling solutions for specific drug delivery formats like modified or delayed
release capsules.
Technological advancements are a key driver for the capsule filling machines
market. Introduction of Industry 4.0 technologies like artificial intelligence,
IoT connectivity and machine learning applications allow for smart production
monitoring and predictive maintenance of equipment. Advanced machines ensure
greater accuracy in filling, sealing and quality control tasks through
automated integration of vision inspection systems, weight variation monitoring
and print and vision registration features. This higher degree of process
automation improves efficiency and compliance with regulatory standards for
pharmaceutical manufacturing.
Impact of Geopolitical Situation on
Capsule Filling Machines Market Growth
The ongoing geopolitical tensions and economic uncertainties across various
regions are impacting the growth of the capsule filling machines market. The
trade restrictions and supply chain disruptions caused due to the
Russia-Ukraine conflict have adversely affected the European market in the
short term. Many machineries producers in these regions have faced challenges
in procuring raw materials. Similarly, the ongoing political instability and
economic downturn in several Latin American and Middle Eastern countries have
slowed down new investments and expansions of pharmaceutical production
facilities. However, the rising domestic demand for medicines amid the pandemic
has continued to drive the demand for capsule filling machines to some extent.
Going forward, market players must closely monitor the geopolitical developments
and diversify their supplier networks to mitigate risks of supply disruptions.
They should also focus on expanding into high growth emerging markets in Asia
Pacific and Africa to counter weaknesses in certain regions. Developing
multi-country manufacturing and distribution infrastructure can help boost
resilience amid uncertain global economic and trade environment. Overall, long
term demand outlook remains optimistic driven by increasing generic and OTC
drug production globally, but near term growth might be dampened due to
prevailing geopolitical issues.
Regions with High Concentration of
Capsule Filling Machines Market
The North America and Western Europe markets currently account for the largest
shares in the global capsule filling machines industry in terms of value. This
can be attributed to the high concentration of leading pharmaceutical companies
and contract manufacturing organizations in these regions. Countries like the
United States, Germany, France, and the United Kingdom have well-established
pharmaceutical production bases with advanced facilities. Moreover, the growing
volume of medicines exported globally from these regions necessitates
high-capacity capsule filling equipment. Recent technological advancements
pioneered by major machinery producers have also strengthened their market
positions. The Asia Pacific region is fast emerging as another high growth area
due to expanding pharmaceutical manufacturing activity in nations like China,
India, Japan and South Korea.
Fastest Growing Region in the Capsule
Filling Machines Market
The Asia Pacific region, especially South East Asian countries, exhibit the
most promising growth prospects over the next decade. The pharmaceutical
production in the region has been rising significantly driven by growing local
consumption and increased export focus of Asian generic drug makers. This rapid
growth has fuelled strong demand for new capsule filling machinery.
Furthermore, these developing nations continue attracting major investments
from leading international pharmaceutical companies to set up local
manufacturing plants of medicines. The availability of low-cost skilled
workforce and growing economic capacities of middle-income populations in Asia
Pacific increases the regions appeal as preferred manufacturing destinations.
Consequently, countries like China, India and Vietnam are expected to witness
the fastest expansions in their Capsule
filling machines installations during the forecast period.
About Author:
Ravina Pandya, Content
Writer, has a strong foothold in the market research industry. She specializes
in writing well-researched articles from different industries, including food
and beverages, information and technology, healthcare, chemical and
materials, etc
*Note:
1. Source: Coherent Market Insights, Public sources,
Desk research
2. We have leveraged AI tools to mine information and
compile it
