Global Multihued Weighers Market Highlights Key Development Factors and Upcoming Trends During forec

Published: Tue Dec 11 2018

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as "Global Multihued Weighers Market Highlights Key Development Factors and Upcoming Trends During forecast 2018 – 2028". The fact based research report on global Multihued Weighers Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analysed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis on how the metal caps and closures market is expected to develop in the future.

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Multihead weighers are used for automatic and accurate weighing of the multiple products used in the different end-use industries. It is generally used in the food processing industry due to its compact design and high technical capabilities. The machine is very efficient and helps companies to increase their production efficiencies and outputs effectively. On the basis of end use, food industry dominates the global multihead weighers market with a market share of approximately 89.9% in 2017. It is further followed by chemical, pharmaceutical and industrial markets. Among food industry, some of the prominent product lines include snacks food, meat, poultry, seafood, ready meals, fresh produce, bakery, confectionary, and cereals & grains. Multihead weighers have gained an edge over other type of manual weighing operations as it reduces the overall product giveaway during the weighing process. Snacks food segment accounts for highest market share in the global market due to increasing consumption of the packaged food in the emerging as well as developed economies. Also, recent developments in the market have helped food processors to weigh fragile products with minimum wastage. The machine is also used in the pharmaceutical and chemical industry for multiple products. Other industrial segment includes the multihead weighers application in hardware, parts, components, etc.

The multihead weighers market was valued at US$ 203.2 Mn in 2017, and is forecast to expand at a CAGR of 3.6%, during the forecast period. Globally, there is a shift in preference for plastic bottles, and the glass bottles market might face turbulence during the forecast period, which might affect the multihead weighers market.

The demand for multihead weighers is increasing significantly owing to the several benefits and requirements of multihead weighers in the food industry. The market players dominating the multihead weighers market are focusing on improving the multihead weighers that they contribute to the market. Key players in the multihead weighers market including Ishida and Yamato are focusing on providing high-performance multihead weighers to the market for the exceeding demands.

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The demand for accuracy and efficiency is driving the market for multihead weighers. Companies providing multihead weighers are working on providing improved multihead weighers to the market. Ishida, based in Europe is one such example, which is aimed at advancing in the multihead weighers market by commercializing their multihead weighers which deliver accuracy and speed for weighing fragile and delicate products including wafers, biscuits, and frozen foods. Such state-of-the-art solutions provided to the food industry are boosting the demand for the multihead weighers market significantly, owing to which the multihead market is expected to grow in the forthcoming years. By catering to the demand of wet cleaning and hygiene in the food industry, the multihead market players are reaching new levels of excellence with their multihead weighers.

Growing automation and need for accurate weighing to eliminate excessive giveaway in the food processing industry is driving the demand for multihead weighers globally. There are wide range of multihead weighers available in the market in order to meet specific production output and demands of the customers. It should be noted that a leading South African snack food manufacturer incorporated multihead weighers in its manufacturing facility which helped the company to reduce its overall product giveaway by 35%. Major restraints present in the market are the high installation and maintenance cost of machinery and high consolidation in the market. Multihead weighers market is dominated by few major players such as Ishida and Yamato which together accounts for more than 1/3rd of the net sales of multihead weighers. Latest trends observed in the market are increasing automation in the food processing industry and 14-head weighers are emerging as standard multihead weighing equipment globally. The growth in international trade of food & beverage can prominently attribute to the rising demand for effective weighing solutions, such as multihead weighers.

Key players operating in the global market for multihead weighers include Ishida Co. Ltd., Yamato Scale GmbH, MULTIPOND Wägetechnik GmbH, PFM Group (MBP S.r.l.), Ohlson Packaging, Inc., IMA Group (Ilapak, Inc.), Marel Food Systems, Scanvaegt Systems A/S, RADPAK, Comek S.r.l., ExaktaPack España S.L., Multiweigh GmbH, Dm Packaging Group S.r.l, RMGroup, Laurijsen Weegautomaten Dongen B.V., Aja Ltd., and Others.

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