The Growing Demand for the Accuracy and Efficiency Is Driving the Multihead Weighers Market
Globally, the multihead weighers market is expected to grow with a CAGR of 3.3% during the forecast period from 2021 to 2029, expected to reach US$ 286.6 Mn in 2029. The growth of the market is driven by the increasing demand for accuracy and efficiency for weighing. Organizations are leveraging on the multihead weighers for automatically and precisely to weigh wide array of products used across multiple industry verticals. The technological advancement in the weighing equipments is further accelerating the adoption of the multihead weighers.
The market players are constantly working on enhancing the product features and quality. The companies are focusing on enhancing the accuracy and response time to weigh delicate and fragile products in the food and beverages industry including biscuits, and wafers. This is further accelerating the growth of the market. Furthermore, the growing demand for the multihead weighers to meet the specific production output to reduce the overall product giveaway is also augmenting the growth of the market.
Food & Beverages Is Dominating the Multihead Weighers Market
The food & beverages industry led the multihead weighers market with over 50% share in the revenue in 2020. The growth of the market is driven by the wide scale adoption of the multihead weighers across the industry for the accurately weighing the food quantity and reduce the excess product giveaway. Moreover, the growing demand for the packaged food across the globe is driving the demand for the multihead weighers across the industry. Additionally, the changing consumer preferences and lifestyle is also serving as a major force that is propelling the market growth.
North America Is Leading the Multihead Weighers Market
North America accounted for over 34% share in the multihead weighers market due to the growing food & beverage industry in the region. The growing demand for the processed meat and instant food across the region is encouraging the adoption of the multihead weighers across the food & beverage industry to reduce the product giveaway. Furthermore, the growing automation across the food & beverages industry is driving the market growth.
The prominent players in the multihead weighers market are Aja Ltd., Comek S.R.L., Dm Packaging Group S.R.L, ExaktaPack España S.L., IMA Group, Ishida Co. Ltd., Laurijsen Weegautomaten Dongen B.V., Marel Food Systems, MULTIPOND Wägetechnik GMBH, Multiweigh GMBH, Ohlson Packaging Inc., PFM Group, RADPAK, RMGroup, Scanvaegt Systems A/S, and Yamato Scale GmbH.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
Unique data points of this report
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Globally, the multihead weighers market is expected to grow with a CAGR of 3.3% during the forecast period from 2021 to 2029, expected to reach US$ 286.6 Mn in 2029. The growth of the market is driven by the increasing demand for accuracy and efficiency for weighing. Organizations are leveraging on the multihead weighers for automatically and precisely to weigh wide array of products used across multiple industry verticals. The technological advancement in the weighing equipments is further accelerating the adoption of the multihead weighers.
The market players are constantly working on enhancing the product features and quality. The companies are focusing on enhancing the accuracy and response time to weigh delicate and fragile products in the food and beverages industry including biscuits, and wafers. This is further accelerating the growth of the market. Furthermore, the growing demand for the multihead weighers to meet the specific production output to reduce the overall product giveaway is also augmenting the growth of the market.
Food & Beverages Is Dominating the Multihead Weighers Market
The food & beverages industry led the multihead weighers market with over 50% share in the revenue in 2020. The growth of the market is driven by the wide scale adoption of the multihead weighers across the industry for the accurately weighing the food quantity and reduce the excess product giveaway. Moreover, the growing demand for the packaged food across the globe is driving the demand for the multihead weighers across the industry. Additionally, the changing consumer preferences and lifestyle is also serving as a major force that is propelling the market growth.
North America Is Leading the Multihead Weighers Market
North America accounted for over 34% share in the multihead weighers market due to the growing food & beverage industry in the region. The growing demand for the processed meat and instant food across the region is encouraging the adoption of the multihead weighers across the food & beverage industry to reduce the product giveaway. Furthermore, the growing automation across the food & beverages industry is driving the market growth.
The prominent players in the multihead weighers market are Aja Ltd., Comek S.R.L., Dm Packaging Group S.R.L, ExaktaPack España S.L., IMA Group, Ishida Co. Ltd., Laurijsen Weegautomaten Dongen B.V., Marel Food Systems, MULTIPOND Wägetechnik GMBH, Multiweigh GMBH, Ohlson Packaging Inc., PFM Group, RADPAK, RMGroup, Scanvaegt Systems A/S, and Yamato Scale GmbH.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
- What was the market size of multihead weighers in 2020 and forecast up to 2029?
- Which is the largest regional market for multihead weighers?
- What are the major trends followed in multihead weighers market across different regions?
- Who are the key companies in the multihead weighers market?
- What are the key strategies adopted by the leading multihead weighers companies in market?
Unique data points of this report
- Statistics on multihead weighers and spending worldwide
- Recent trends across different regions in terms of adoption of multihead weighers across industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)
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Table of Contents
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Multihead Weighers (MW) Market, by Type
Chapter 5 Global Multihead Weighers (MW) Market, by Application
Chapter 6 North America Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 7 Europe Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 8 Asia Pacific Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 9 Rest of the World (RoW) Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 10 Company Profiles
Companies Mentioned
- Aja Ltd.
- Comek S.R.L.
- Dm Packaging Group S.R.L
- ExaktaPack España S.L.
- IMA Group
- Ishida Co. Ltd.
- Laurijsen Weegautomaten Dongen B.V.
- Marel Food Systems
- MULTIPOND Wägetechnik GMBH
- Multiweigh GMBH
- Ohlson Packaging Inc.
- PFM Group
- RADPAK
- RMGroup
- Scanvaegt Systems A/S
- Yamato Scale GmbH.