The Growing Demand for the Accuracy and Efficiency Is Driving the Multihead Weighers Market
The Multihead Weighers market was valued at USS 173.8 million in 2020 and is expected to grow at a CAGR of 6.23% during the forecast period from 2021 to 2027 to reach around USD 280.97 million in 2027. The market's growth is driven by the increasing demand for accuracy and efficiency in weighing. Organizations are leveraging on the multihead weighers to automatically and precisely weigh a wide array of products used across multiple industry verticals. In addition, the technological advancement in weighing equipment further accelerates the adoption of multihead weighers.
Multihead weighers have been used for rapid, precise, and dependable weighing solutions for the effective and efficient packaging of food and non-food products over the past few decades. A multihead weigher helps to fill the range of bags with immense speed. Multihead weigher facilitates manufacturers to increase the speed of their operations while reducing labor and increasing line speed while enhancing dependability. The market players are constantly working on improving 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 multihead weighers to meet the specific production output to reduce the overall product giveaway is also augmenting the market's growth. The global Multihead Weighers market report offers detailed market insights on Multihead Weighers at the global, regional, and country levels. The key regions covered in the report include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Major countries covered in the report are the U.S., Canada, Mexico, Brazil, Argentina, China, Japan, India, South Korea, Germany, the UK, France, Italy, Spain, Russia, South Africa, Turkey, Israel, GCC countries, etc. The report provides the market size of Multihead Weighers for a historical period, i.e., from 2015 to 2019, estimates for the current year, and forecasts for the period between 2021 to 2027. The market size of Multihead Weighers is a further breakdown at regional and country levels.
Global Multihead Weighers Market Share by Region, 2020
Based on its type, the global Multihead Weighers market can be segmented into Rotary Multihead Weighers and Linear Multihead Weighers. The Rotary Multihead Weighers segment captured over 75% of the revenue of Multihead Weighers in 2020. Rotary Multihead Weighers are easy to maintain and offer high-speed weighing and packaging. Each above segment and subsegment is then further bifurcated at the global, regional, and country levels. Finally, market size for each segment and subsegment is given in volume and value (USD Million) for historical, present and forecast years.
Global Multihead Weighers Market by Application Insights
Based on its application, the global Multihead Weighers market can be segmented into Food & Beverage, Chemical, Pharmaceuticals, and Others. The food and beverage segment dominated the global multihead weighers demand in 2020 with over 75% share in total revenue generated by this industry. The increasing demand for snacks and packaged food and beverages has resulted in a growing need to speed up the packaging operations. Each above segment and subsegment is then further bifurcated at the global, regional, and country levels. Market size for each segment and subsegment is given in volume and value (USD Million) for historical, present and forecast years.
Global Multihead Weighers Market Share by Application, 2020
Apart from quantitative analysis, the global Multihead Weighers market report offers vital trends in the industry. The report covers all fundamental market driving forecasts, restraints, and opportunities for future growth in this industry. The information helps its readers to identify the critical growth pockets in the global Multihead Weighers industry through market attractiveness analysis offered for each segment in this industry. Moreover, a detailed analysis of the Multihead Weighers industry using porter's five forces analysis helps the buyers of this report to have a bird's eye view of various aspects of this industry. It details the bargaining power of buyers and suppliers, the situation of competitive rivalry, the threat of substitutes, and entry barriers for new entrants.
The global Multihead Weighers market report also covers import and export analysis at the regional level. As a result, the global Multihead Weighers market includes the most updated insights, including a COVID-19 impact analysis. In addition, the report covers the comparative analysis of the worldwide Multihead Weighers market based on pre and post-COVID-19 scenarios.
The report also covers a dedicated section for analyzing competition in the global Multihead Weighers industry. The report offers detailed company market share analysis on an international level which helps to understand the competitive scenario in the Multihead Weighers industry. In addition, a detailed company profile section provides detailed insights about leading players in the Multihead Weighers market. The company profile of each leading player includes a company overview, complex product portfolio, and financial details such as sales volume, revenue, gross margin, etc. for Aja Ltd, Comek SRL, Dm Packaging Group SRL, ExaktaPack Espana SL, IMA Group, Ishida Co Ltd, Laurijsen Weegautomaten Dongen BV, Marel Food Systems, MULTIPOND Wagetechnik GMBH, Multiweigh GMBH, Ohlson, Unique Packaging Systems, RADPACK, RMGRoup, Scanvaegt Systems A/S, Yamato Scale and Others.
Global Multihead Weighers Market, Company Share 2020
The global Multihead Weighers market report also offers insights into manufacturing cost analysis. This section focused on the study of raw material cost, key suppliers of raw materials, labor cost, market concentration of raw materials, manufacturing cost proportion of Multihead Weighers, etc. Therefore, this report highlights the costs and the manufacturing process of Multihead Weighers. In addition, the information also helps to understand the marketing channels used by most of the Multihead Weighers industry players.
Report Scope by Segments
The multihead weighers market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global multihead weighers market based on type, application, and geography. Key segments covered in the report are as follows:
Segmentation Type Segment (2015–2027; US$ Mn)
Rotary multi-head weighing machine
Linear multi-head weighing machine
Application Segment (2015–2027; US$ Mn)
Food
Chemical
Pharmaceuticals
Others
Geography Segment (2015–2027; US$ Mn)
North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)
Global Multihead Weighers Market: Key Players
Aja Ltd
Comek SRL
Dm Packaging Group SRL
ExaktaPack Espana SL
IMA Group
Ishida Co Ltd
Laurijsen Weegautomaten Dongen BV
Marel Food Systems
MULTIPOND Wagetechnik GMBH
Multiweigh GMBH
Ohlson
Unique Packaging Systems
RADPACK
RMGRoup
Scanvaegt Systems A/S
Yamato Scale
Others
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand the overall Multihead Weighers market better. In addition, the global report also represents the competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.
Key questions are answered in this report.
COVID-19 impact analysis on global Multihead Weighers industry.
What are the current market trends and dynamics in the Multihead Weighers market and valuable opportunities for emerging players?
What is driving the Multihead Weighers market?
What are the key challenges to market growth?
Which segment accounts for the fastest CAGR during the forecast period?
Which product type segment holds a larger market share and why?
Are low and middle-income economies investing in the Multihead Weighers market?
Critical growth pockets based on regions, types, applications, and end-users
What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
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 are going on in the industry.
Attractive investment proposition for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Frequently Asked Questions:
The market for Multihead Weighers is expected to reach USD 280.97 million by 2027.
The Multihead Weighers market is expected to see significant CAGR growth over the coming years, at 6.23%.
The report is forecasted from 2019-2027.
The base year of this report is 2018.
Aja Ltd, Comek SRL, Dm Packaging Group SRL, ExaktaPack Espana SL, IMA Group, Ishida Co Ltd, Laurijsen Weegautomaten Dongen BV, Marel Food Systems are some of the major players in the global market.
