The global multihead weighers market is projected to witness steady growth, with sales valued at USD 247.9 million in 2024 and expected to reach USD 353.8 million by 2034. This growth represents a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2024 to 2034. In 2023, multihead weighers generated revenue of USD 238.9 million, and the market is set to record a year-on-year (Y-o-Y) growth of 3.8% in 2024.
The robust expansion of the food industry, coupled with the development of diverse food products, is significantly driving the global demand for multihead weighers. The food segment is anticipated to dominate the market, accounting for nearly 90% of the total market value share over the forecast period.
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The global food industry is expected to experience considerable momentum due to rising disposable incomes and consumer demand for diverse and innovative food products. This trend is paving the way for unique requirements in food packaging and processing, prompting innovations in multihead weighing technology.
Chemical and Pharmaceutical Manufacturers Rely on Multihead Weighers for Productivity and Profitability
As the global pharmaceutical industry continues to expand, driven by an aging population and increasing demand for healthcare products, manufacturers are turning to innovative solutions to ensure both quality and efficiency. Multihead weighers are playing a pivotal role in meeting these rising demands, offering significant benefits to the chemical and pharmaceutical sectors.
The worldwide healthcare system is witnessing a transformation, with both international medical entities and governments working to strengthen healthcare infrastructures. This growth, coupled with the demand for various healthcare supplements and medicines, is expected to further fuel the adoption of multihead weighers in the chemical and pharmaceutical industries.
Multihead weighers, known for their precision and speed, are becoming an essential tool for pharmaceutical manufacturers. They help ensure that medications are produced with the right proportions of ingredients, maintaining the highest levels of accuracy and quality. Beyond their operational advantages, multihead weighers also offer cost reduction benefits, making medications more accessible to a broader range of consumers.
Key Takeaways: Multihead Weighers Market
- The global multihead weighers industry achieved a CAGR of 1.0% between 2019 and 2023.
- By 2023, the industry’s value reached USD 238.9 million.
- Germany is anticipated to account for 27% of the European multihead weighers market in 2024.
- The United States market is projected to create an incremental opportunity of USD 9 million during the forecast period.
- India, a leading market for weighing and packaging equipment in Asia Pacific, is expected to grow at a 5.4% rate in the forecast years.
Prominent Drivers of the Multihead Weighers Market
- Increased Demand for High-Speed Packaging: As industries strive for faster packaging processes, multihead weighers provide high-speed, accurate weighing, boosting productivity in sectors such as food, pharmaceuticals, and consumer goods.
- Rising Need for Precision and Accuracy: Multihead weighers offer superior weighing accuracy, ensuring that product quantities meet strict quality standards, making them essential in industries where precision is critical, such as in food packaging.
- Automation in Manufacturing and Packaging: The global trend toward automation in manufacturing processes is a key driver. Multihead weighers help streamline operations by reducing manual intervention, improving efficiency, and reducing labor costs.
- Growth in E-Commerce and Retail Sectors: With the rise in e-commerce and retail packaging demands, multihead weighers are increasingly being used for packaging a wide variety of products quickly and efficiently, meeting the rising expectations for high-volume and consistent output.
- Advancements in Technology and Integration: The integration of advanced technologies, such as IoT and AI, into multihead weighers is enhancing their performance and reliability, making them more attractive to manufacturers looking to optimize production and reduce waste.
Competitive Landscape
Key competitors in the multihead weigher market are aiming to increase sales by expanding manufacturing capacity to meet rising demand. Leading businesses are pursuing merger and acquisition tactics to increase their market position, as well as developing new products to suit industry demands. They are also investing in infrastructure to better fulfill demand.
Recent Industry Developments in Multihead Weighers Market
- In August 2024, IMA Group, through the new established IMA Sarong, completed the closing for the acquisition of the Packaging Machinery and Packaging Materials divisions of Sarong, both based in Reggiolo (Reggio Emilia), Italy.
- In March 2024, Ishida Europe has further strengthened its presence and offering to customers on the African continent with the acquisition of specialist South African packaging equipment manufacturer National Packaging Systems (NPS).
Key Players of Multihead Weighers Industry
- IMA Group (Ilapak, Inc.)
- ISHIDA CO., LTD.
- Marel Food Systems
- Scanvaegt Systems A/S
- Duravant LLC
- MULTIPOND Wägetechnik GmbH
- Yamato Scale Co., Ltd.
- multiweigh GmbH
- Dm Packaging Group S.r.l
- RADPAK
- PFM Group
- Rees Machinery Group Ltd
- Comek S.r.l.
- Avery Weigh-Tronix group
- Grupo Exaktapack S.L.
Key Segments of Multihead Weighers Industry
By Number of Heads:
In terms of number of heads, the industry is divided into 4 up to 10 heads, 11 to 15 heads, 16 to 20 heads, and more than 20 heads.
By Machine Output:
In terms of machine output, the industry is segregated as up to 70 ppm, 71 to 140 ppm, 141 to 210 ppm, and more than 210 ppm.
By Maximum Weight Measurement:
The industry is classified by maximum weight measurement as up to 1000 grams, 1001 to 2500 grams, 2501 to 5000 grams, and more than 5000 grams.
By Machine Type:
The industry is classified by machine type as rotary and linear.
By End Use:
The industry is classified by end use as food, chemical, pharmaceutical, and other industrial. Food is classified as snack food, meat, poultry, and frozen food, ready to eat meals, fresh produce and salads, dairy products, bakery and confectionary, cereals and grains, and others.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
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