Africa Corporate Wellness Market, by End User, 2018-2027
| Label | Europe | Germany | Spain | France | United Kingdom | Italy | Eastern-Europe | Rest of Western Europe |
|---|---|---|---|---|---|---|---|---|
| 2017 | 733.18 USD Mn | 90.95 USD Mn | 47.89 USD Mn | 70.23 USD Mn | 84.04 USD Mn | 59.86 USD Mn | 157.57 USD Mn | 222.65 USD Mn |
| 2018 | 767.82 USD Mn | 95.86 USD Mn | 50.31 USD Mn | 73.93 USD Mn | 88.76 USD Mn | 62.96 USD Mn | 163.81 USD Mn | 232.19 USD Mn |
| 2019 | 811.79 USD Mn | 102.01 USD Mn | 53.37 USD Mn | 78.57 USD Mn | 94.64 USD Mn | 66.84 USD Mn | 171.91 USD Mn | 244.45 USD Mn |
| 2020 | 568.38 USD Mn | 71.60 USD Mn | 37.33 USD Mn | 55.07 USD Mn | 66.56 USD Mn | 46.81 USD Mn | 121.26 USD Mn | 169.74 USD Mn |
| 2021 | 767.40 USD Mn | 97.92 USD Mn | 49.83 USD Mn | 74.73 USD Mn | 91.71 USD Mn | 62.79 USD Mn | 161.30 USD Mn | 229.13 USD Mn |
| 2022 | 851.20 USD Mn | 109.77 USD Mn | 54.52 USD Mn | 83.13 USD Mn | 103.58 USD Mn | 69.04 USD Mn | 177.57 USD Mn | 253.59 USD Mn |
| 2023 | 916.84 USD Mn | 119.50 USD Mn | 57.90 USD Mn | 89.81 USD Mn | 113.57 USD Mn | 73.72 USD Mn | 189.81 USD Mn | 272.53 USD Mn |
| 2024 | 989.38 USD Mn | 130.32 USD Mn | 61.60 USD Mn | 97.20 USD Mn | 124.72 USD Mn | 78.84 USD Mn | 203.26 USD Mn | 293.44 USD Mn |
| 2025 | 1069.65 USD Mn | 142.37 USD Mn | 65.63 USD Mn | 105.40 USD Mn | 137.20 USD Mn | 84.48 USD Mn | 218.05 USD Mn | 316.52 USD Mn |
| 2026 | 1160.71 USD Mn | 156.11 USD Mn | 70.17 USD Mn | 114.71 USD Mn | 151.44 USD Mn | 90.83 USD Mn | 234.77 USD Mn | 342.68 USD Mn |
| 2027 | 1264.19 USD Mn | 171.79 USD Mn | 75.28 USD Mn | 125.30 USD Mn | 167.75 USD Mn | 98.02 USD Mn | 253.68 USD Mn | 372.37 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The 2027] by Europe portion of the Global Freeze Drying Equipment market [2017 market is on a steady long-term growth path. Segment value stands at roughly USD 2321 Mn in 2026 and is projected to reach USD 2528 Mn by 2027 — a gain of about 9% over the forecast period, translating to a CAGR in the high single digits.
- Rest of Western Europe accounted for the largest market share in 2019 in the Europe freeze drying equipment market, and is expected to reach USD 372. 37 Million in 2027 from USD 244.
- What the regional split looks like (2026): Europe leads, holding roughly 50% of segment value — the single largest regional share. Rest of Western Europe is the second-largest contributor. Eastern-Europe, Germany, United Kingdom, France, Italy and Spain make up the remainder, in descending order.
- By 2027, Europe alone is expected to reach USD 1264 Mn, with Rest of Western Europe at USD 372 Mn.
Market Dynamics
Rest of Western Europe accounted for the largest market share in 2019 in the Europe freeze drying equipment market, and is expected to reach USD 372.37 Million in 2027 from USD 244.45 Million in 2019. However, United Kingdom is the fastest growing market, which is expected to grow at a CAGR of 14.12% during the forecast period 2020 - 2027. biotechnology segment accounted for the largest market share in 2019, this market is expected to reach USD 455.03 Million in 2027 from USD 254.98 Million in 2019. This market is projected to grow at a CAGR of 14.24% during the forecast period from 2020 - 2027. industrial freeze dryers segment accounted for the largest market share in 2019, this market is expected to reach USD 671.11 Million in 2027 from USD 409.03 Million in 2019. This market is projected to grow at a CAGR of 12.99% during the forecast period from 2020 - 2027.
However, industrial freeze dryers segment is the fastest growing market, which is expected to grow at a CAGR of 12.99% during the forecast period 2020 - 2027. bench top freeze dryers segment accounted for the larger market share in 2019, this market is expected to reach USD 802.44 Million in 2027 from USD 497.30 Million in 2019. This market is projected to grow at a CAGR of 12.73% during the forecast period from 2020 - 2027. However, bench top freeze dryers segment is the fastest growing market, which is expected to grow at a CAGR of 12.73% during the forecast period 2020 - 2027.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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