Rotary Tablet Press Market to reach USD 600 billion by 2027


Posted November 29, 2022 by Vamshikrishna19

The Global Rotary Tablet Press Market was worth USD 510.22 billion in 2021 and is anticipated to reach a valuation of USD 600 billion by 2027 and is predicted to register a CAGR of 3% during the forecast period 2022-2027.

 
The global rotary tablet press market size was valued at USD 510.22 billion in 2021, and it is estimated to reach USD 600 billion by 2027, with a registering CAGR of 3% during the forecast period.

Market Overview:
The rotary tablet press is a mechanical device that unlike the single punch tablet press has a serval tooling station that rotates to compress granules powder mixture into tablets of uniform size, shape, and uniform weight. The rotary press saves time and meets up with the high demand for tablet dosage forms. In the rotary tablet press, the compaction force on the fill material is extended by both the upper and lower punches leaving powder granules to be compressed in the middle.

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the rotary tablet press market. The increasing number of investors raising their R&D investments to produce revolutionary tablet-based pharmaceutical treatments is driving the market’s revenue. The growing demand from the pharmaceuticals, nutraceuticals, cleaning products, industrial pellets, and cosmetic industry try is the major factor to drive the market growth. The increasing awareness among people in the post-covid era has significantly increased the demand for medicines to drive market growth.

The high purchasing price of the machine and the need for skilled labor to operate the machine is the major factor to restraint market growth.

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The Report is segmented as:
The rotary table press market is segmented based on by:

By Product: (Single Rotary Tablet Press, Double-Sided Rotary Tablet Press.)
The Double-Sided Rotary Tablets Press segment was recorded as the largest market share in the rotary tablets press market in 2022 and it is anticipated to grow significantly during the forecast period.

By Application: (Pharmaceuticals, Nutraceuticals, Cleaning Products, Industrial Pellets, Cosmetics.)
Pharmaceuticals held the largest share of the rotary tablet press market in 2022 and it is anticipated to grow significantly during the forecast period.

By End-User: (Automotive, Construction, and Others.)
The automotive segment held the largest share market in the rotary tablet press market in 2022 and it is anticipated to grow significantly during the forecast period.

Geographical Segmentation:

The rotary tablet press market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa, and the rest of the world. North America is the largest growing region in the rotary tablets press market and is expected to grow significantly during the forecast period. North America has a high availability in the countries such as the US and Canada. The reason for this dominance of the region is the growth and popularity of the rotary tablet press market and the increased investment in R&D and growing exports and this is likely to create growth in the region’s market. The increased spending in the general industry drives the region’s market growth. Europe is expected to be growing lucratively in the rotary tablet press market.

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Impact of COVID-19 On the Market

Covid-19 has hugely affected the rotary tablet press market growth. The COVID-19 pandemic has affected the tablet press market in Pharmaceutical to maintain growth during the lockdown.

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Tags rotary tablet press market , rotary tablet press market size , rotary tablet press market share , rotary tablet press market growth , rotary tablet press market analysis
Last Updated November 29, 2022