North America Capsule Filling Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Manual Capsule Filling Machines, Semi-Automatic Capsule Filling Machines, and Fully Automatic Capsule Filling Machines), Application (Pharmaceutical, Cosmetics, and Others), and Capacity (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])
Market Introduction
The North America capsule filling machines market has been segmented into the US, Canada, and Mexico. The US held the largest share of the North America capsule filling machines market in 2021. Increasing adoption of technological advancements and rising research and development activities are projected to accelerate the growth of the capsule filling machines market. Moreover, the presence of large healthcare businesses and the growing usage of capsule filling machines is propelling the market's expansion in this region.
North America is one of prime adopters of new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, mainly in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. The US is the world’s worst-affected country due to the COVID-19 outbreak. The country is one of the eminent markets for capsule filling machines due to the presence of major market players. The factory and business shutdowns across the US, Canada, and Mexico negatively impacted various industries in 2020. Several businesses are pursuing research and development for launching anti-COVID drugs and vaccines, which is likely to raise the demand for capsule filling machines in North America in the coming years.
Market Overview and Dynamics
The capsule filling machine market in North America is expected to grow from US$ 88.55 million in 2021 to US$ 122.62 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Pharmaceutical companies are investing heavily in drug development and the discovery of new pharmaceutical products. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), pharma companies in the US conduct more than half of the world's R&D, with investments totaling ~US$ 75 billion. They hold intellectual property rights on most of the new pharmaceuticals.
Key Market Segments
North America capsule filling machine market is segmented into type, application, capacity, and country. The North America 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 North America capsule filling machine market is segmented into pharmaceutical, cosmetics, and others. In 2021, the pharmaceutical segment held the largest share of the market. The North America capsule filling machine market, by capacity, is segmented into small (upto 50,000 capsules), 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 North America capsule filling machine market is segmented into US, Canada, and Mexico. US 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 North America 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); 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
- To understand the North America capsule filling machine market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America capsule filling machine market.
- Efficiently plan M&A and partnership deals in North America capsule filling machine market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America capsule filling machine market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Capsule Filling Machine Market Segmentation
North America Capsule Filling Machine Market - By Type
- Manual Capsule Filling Machines
- Semi-Automatic Capsule Filling Machines
- Fully Automatic Capsule Filling Machines
North America Capsule Filling Machine Market - By Application
- Pharmaceutical
- Cosmetics
- Others
North America Capsule Filling Machine Market - By Capacity
- Small (Upto 50,000 Capsules per Hour)
- Medium (50,000 Capsules to 100,000 Capsules per Hour)
- High (More than 100,000 Capsules per Hour)
North America Capsule Filling Machine Market - By Country
- US
- Canada
- Mexico
North America Capsule Filling Machine Market - Company Profiles
- ACG
- Beijing Hanlin Hangyu Technology Development Inc.
- Capsugel, Inc (A subsidiary of Lonza Group AG)
- I.M.A. Industria Macchine Automatiche S.p.A.
- Schaefer Technologies
- Syntegon Technology GmbH
- Torpac Inc.
- Zhejiang Fuchang Machinery Co. Ltd
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Capsule Filling Machine Market – By Type
1.3.2 North America Capsule Filling Machine Market – By Application
1.3.3 North America Capsule Filling Machine Market – By Capacity
1.3.4 North America Capsule Filling Machine Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Capsule Filling Machine Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Experts Opinion
5. North America Capsule Filling Machine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Chronic Disease Growing Constantly
5.1.2 Enhancements in Capsule Filling Machine
5.1.3 Medical Device Industry Expanding
5.2 Market Restraints
5.2.1 Capsule Filling Machine Production Being Expensive
5.3 Market Opportunities
5.3.1 Growing Markets
5.4 Future Trends
5.4.1 Growing R&D Investments by Pharmaceutical Sectors
5.5 Impact Analysis
6. Capsule Filling Machine Market– North America Analysis
6.1 North America Capsule Filling Machine Market Revenue Forecast and Analysis
6.2 North America Capsule Filling Machine Market, By Country - Forecast and Analysis
7. North America Capsule Filling Machines Market Revenue and Forecasts To 2028– by Type
7.1 Overview
7.2 North America Capsule Filling Machines Market, By Type, 2021 & 2028 (%)
7.3 Manual Capsule Filling Machines
7.3.1 Overview
7.3.2 Manual Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Semi-Automatic Capsule Filling Machines
7.4.1 Overview
7.4.2 Semi-Automatic Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Fully Automatic Capsule Filling Machines
7.5.1 Overview
7.5.2 Fully Automatic Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Capsule Filling Machines Market Revenue and Forecasts To 2028 – Application
8.1 Overview
8.2 North America Capsule Filling Machines Market Share by Application - 2021 & 2028 (%)
8.3 Pharmaceutical
8.3.1 Overview
8.3.2 Pharmaceutical: Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
8.3.2.1 Cosmetics
8.3.2.1.1 Overview
8.3.2.1.2 Cosmetics: Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
8.3.2.2 Others
8.3.2.2.1 Overview
8.3.2.2.2 Others: Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
9. North America Capsule Filling Machines Market Revenue and Forecasts To 2028 – Capacity
9.1 Overview
9.2 North America Capsule Filling Machines Market Share by Segment - 2021 & 2028 (%)
9.3 Small (Upto 50,000 Capsules)
9.3.1 Overview
9.3.2 Small (Upto 50,000 Capsules): Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.1 Medium (50,000 Capsules to 100,000 Capsules per hour)
9.3.2.1.1 Overview
9.3.2.1.2 Medium (50,000 Capsules to 100,000 Capsules per hour): Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.2 High (More than 100,000 Capsules per hour)
9.3.2.2.1 Overview
9.3.2.2.2 High (More than 100,000 Capsules per hour): Capsule Filling Machines Market Revenue and Forecast to 2028 (US$ Million)
10. North America Capsule Filling Machines Market Revenue and Forecasts to 2028 – Country Analysis
10.1 North America: Capsule Filling Machines Market
10.1.1 Overview
10.1.2 North America: Capsule Filling Machines Market, by Country, 2021 & 2028 (%)
10.1.2.1 US: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 US: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.3 US: Capsule Filling Machines Market, by Type, 2019–2028 (US$ Million)
10.1.2.1.4 US: Capsule Filling Machines Market, by Application, 2019–2028 (US$ Million)
10.1.2.1.5 US: Capsule Filling Machines Market, by Capacity, 2019–2028 (US$ Million)
10.1.2.2 Canada: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Canada: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.3 Canada: Capsule Filling Machines Market, by Type, 2019–2028 (US$ Million)
10.1.2.2.4 Canada: Capsule Filling Machines Market, by Application, 2019–2028 (US$ Million)
10.1.2.2.5 Canada: Capsule Filling Machines Market, by Capacity, 2019–2028 (US$ Million)
10.1.2.3 Mexico: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Mexico: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.3 Mexico: Capsule Filling Machines Market, by Type, 2019–2028 (US$ Million)
10.1.2.3.4 Mexico: Capsule Filling Machines Market, by Application, 2019–2028 (US$ Million)
10.1.2.3.5 Mexico: Capsule Filling Machines Market, by Capacity, 2019–2028 (US$ Million)
11. Impact Of COVID-19 Pandemic on North America Capsule Filling Machines Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Capsule Filling Machines Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Capsule Filling Machines Market (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 ACG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Capsugel, Inc (A subsidiary of Lonza Group AG)
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Schaefer Technologies
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Syntegon Technology GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Torpac Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Zhejiang Fuchang Machinery Co., Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Beijing Hanlin Hangyu Technology Development Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 I.M.A. Industria Macchine Automatiche S.p.A.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. US Capsule Filling Machines Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Capsule Filling Machines Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 3. US Capsule Filling Machines Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Capsule Filling Machines Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Capsule Filling Machines Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Capsule Filling Machines Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Capsule Filling Machines Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Capsule Filling Machines Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Capsule Filling Machines Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 10. Organic Developments in the Capsule Filling Machines Market
Table 11. Inorganic Developments in the Capsule Filling Machines Market
Table 12. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Capsule Filling Machine Market Segmentation
Figure 2. North America Capsule Filling Machine Market, By Region
Figure 3. North America Capsule Filling Machine Market Overview
Figure 4. Fully Automatic Capsule Filling Machines Segment Held Largest Share of Type Segment in North America Capsule Filling Machine Market
Figure 5. Asia Pacific is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. Impact Analysis of Drivers and Restraints Pertaining to North America Capsule Filling Machine Market
Figure 9. North America Capsule Filling Machine Market – By Country Forecast and Analysis – 2019 - 2028
Figure 10. North America Capsule Filling Machines Market, by Type, 2021 & 2028 (%)
Figure 11. North America Manual Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. North America Semi-Automatic Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. North America Fully Automatic Capsule Filling Machines: Capsule Filling Machines Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. North America Capsule Filling Machines Market Share by Application - 2021 & 2028 (%)
Figure 15. North America Pharmaceutical: Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 16. North America Cosmetics: Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 17. North America Others: Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 18. North America Capsule Filling Machines Market Share by Segment - 2021 & 2028 (%)
Figure 19. North America Small (Upto 50,000 Capsules): Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 20. North America Medium (50,000 Capsules to 100,000 Capsules per hour): Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 21. North America High (More than 100,000 Capsules per hour): Capsule Filling Machines Market Revenue and Forecasts To 2028 (US$ Million)
Figure 22. North America: Capsule Filling Machines Market, by Key Country – Revenue (2021) (US$ Million)
Figure 23. North America: Capsule Filling Machines Market, by Country, 2021 & 2028 (%)
Figure 24. US: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Canada: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Mexico: Capsule Filling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in North American Country Markets
Figure 28. Growth Strategies in the Capsule Filling Machines Market (%)
- ACG
- Beijing Hanlin Hangyu Technology Development Inc.
- Capsugel, Inc (A subsidiary of Lonza Group AG)
- I.M.A. Industria Macchine Automatiche S.p.A.
- Schaefer Technologies
- Syntegon Technology GmbH
- Torpac Inc.
- Zhejiang Fuchang Machinery Co. Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America capsule filling machine market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America capsule filling machine market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the capsule filling machine market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution