Automatic Weigh Price Labelling Machine Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022
Global sales of automatic weigh price labelling machine are set to be valued at over US$ 293.3 Mn in 2022, according to Future Market Insights (FMI). Demand in the market is projected to expand at over 6.3% CAGR from 2022 to 2032.
According to Future Market Insights,
increasing brand consciousness among consumers is increasing the demand for
dairy products, flesh food products, and others. This is projected to spur the
sales in the market.
Flourishing metropolitan areas have
significantly increased the dependence on food products, pharmaceutical
products, and personal care products. In addition, the logistics and packaging
market will also gain traction due to shifting preference for e-commerce
platforms.
Further, growing awareness of
counterfeit products companies is taking initiative towards new technology such
as QR codes and bar codes for dealing with counterfeit products. As per the
study, the “Above 150ppm” will witness highest growth due to usage in heavy
industries.
Above 150ppm automatic weigh price
labeling are gaining immense traction amongst the heavy production industries
due to surging production and growing customer reach. Hence, to capitalize on
this trend, key players are integrating new technological advancements along
with various attachments for easier and faster weighing and pricing of the
product.
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.
Access Full Report: https://www.futuremarketinsights.com/reports/automatic-weigh-price-labelling-machine-market
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