According to Future Market Insights, global sales of automatic weigh price labelling machines will exceed US$ 293.3 million in 2022. (FMI). From 2022 to 2032, the market is expected to grow at a CAGR of more than 6.3%.
Demand for dairy goods, meat products, and other meals is increasing, according to Future Market Insights, as a result of growing consumer brand consciousness. Sales on the market should rise as a result.
In prospering urban centres, dependency on food, pharmaceuticals, and personal care products has substantially expanded. Additionally, as consumer tastes change towards e-commerce platforms, the logistics and packaging business will grow.
Furthermore, as companies become more aware of counterfeit products, they are investing in new technology such as QR codes and bar codes to combat them. According to the study, “Above 150ppm” will see the most growth due to use in heavy industries.
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Because of rising production and expanding customer reach, above 150ppm automatic weigh price labelling is gaining significant traction in the heavy manufacturing industries. To capitalise on this trend, key players are incorporating new technological advancements as well as various attachments for easier and faster product weighing and pricing.
Key Takeaways from Automatic Weigh Price Labelling Machine Market Study
- In terms of end-use, food & beverage segment is expected to account for significant share in the global automatic weigh price labelling machine market.
- By throughput rate, 50 to 150ppm will account for around half of the market volume-wise.
- The U.S. is expected to spearhead the growth in North America automatic weigh price labelling machine market
- Sales of automatic weigh price labelling machines in Japan are expected to increase at a robust pace over the forecast period
- India and China are expected to lead the growth in South and East Aisa market through 2022 & beyond
“Integration of new technologies for handling the products and work-efficiency in the industries is increasing the adoption of automatic weigh price labeling machine.” says a Future Market Insights analyst.
Who is winning?
The automatic weigh price labelling machine market is consolidated with having few global players, accounting for around 50% – 60% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.
Some of the key players in this industry include but are Thermofisher Scientific Inc, Mettler Toledo, Anritsu, Teraoka Seiko Co. Ltd, Bizerba, Soc. Coop. Bilanciai Campogalliano, and others
Find More Valuable Insights
The research report analyzes the demand for Automatic Weigh Price Labelling Machine. The global Automatic Weigh Price Labelling Machine market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights, the market has been analyzed based on throughput rate, capacity, end-use, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.
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Global Automatic Weigh Price Labelling Machine Market by Category
By Throughput Rate:
- Up to 50ppm
- 50 to 150ppm
- Above 150ppm
By Capacity:
- Up to 12kg
- 12 to 60kg
- Above 60kg
By End-Use:
- Food and Beverage
- Dairy Products
- Flesh Foods
- Agricultural Produce
- Ready to Use
- Bakery and Confectionary
- Pharmaceutical Use
- Personal Care Products
- Logistics and Packaging
- Others (Chemical, Laboratory, etc.)
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- The Middle East and Africa
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Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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