Frequently Asked Questions
The weigh feeder market also suffered from the COVID-19 pandemic, which resulted in a decline of over 3.2% in revenue generated in 2020.
North America accounted for the highest share in the global weigh feeder market in terms of value and volume.
The demand for diverse commodities in the market has increased due to the quick development of technology and innovations in goods and packaging. Some main factors driving the global market include rising demand for weight-loss products on a global scale, higher investments in research and development, and rapid approval of new products.
Above 450 Kg capacity had a major share in 2021, with more than 70% of the market revenue share. Besides, 300 Kg – 450 Kg capacity is projected to witness the fastest growth.
The mining & construction industry had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.