The global automatic weigh price labeling machine market is forecast to expand at 6.5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 309.64 million in 2023.
The market is open to emerging trends. A key trend that is influencing the market currently is the surging usage of sensors and similar data-gathering gadgets. These gadgets automatically accumulate insights about the product under inspection. Insights can comprise dimensions, weight, and other characteristics. With this data, the manufacturer can automate the generation of labels for the product.
The data collected by these machines can be stored and managed by cloud-based services. Accelerating use of cloud-based services for this purpose is expected to propel market growth. The gathered data can be accessed by permitted users from any site, thereby making it convenient to trace back the product labeling data and information.
The market is observing the surging inclusion of automatic weigh price labeling machines in the production line of manufacturers. With this integration, the production process can be streamlined and manual labeling can be eventually rendered obsolete.
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Top Highlights from the FMI’s Analysis of the Automatic Weigh Price Labeling Machine Industry:
- The United States captures a significant portion of the automatic weigh price labeling machine industry. By 2023 end, the regional market is projected to share 16.5% of the entire market.
- In Europe, Germany and the United Kingdom are expected to be prominent markets. The German automatic weigh price labeling machine industry is expected to procure 5.9% in 2023. The United Kingdom is projected to trail at a CAGR of 4.9%.
- The Japan market is anticipated to contribute 4.4% to the global market in 2023.
- The robust growth is expected to be witnessed in India and China, with India stealing the limelight. India is expected to expand at a 7.7% CAGR, whereas China is projected to register a CAGR of 7.2%.
- Based on load capacity, the 13 to 60 kg segment is estimated to capture a large market share of 44.9%.
- By end-use, the food and beverages segment is assessed to gain 36.7% market share in 2023.
How is the Automatic Weigh Price Labeling Machine Industry Shaping Up?
The key manufacturers are persistently adopting innovative strategies to gain a larger share of the market. Vendors are investing extensively in the innovation of these machines. For instance, Ravenwood Packaging revealed its new launch of an automatic linerless label applicator.
The VR inspection system and Nobac 5000 Auto can be either seamlessly integrated or be a standalone technology for the inspection and labeling of linerless labels. The machine is used to label a range of foods, such as plant-based proteins, salad pots, fish, meat, fresh produce, etc.
The main players offer different versions of automatic weigh price labeling machines. For instance, the AL-AI Series of ISHIDA CO., LTD. The machines in this offering run at a high-speed, thus automating the chore of pricing food products like bento boxes or any other prepared dishes. With the help of this machine, the on-site labeling work is entirely automated, leading to neat, clear, and accurate application.
Integration of advanced technologies in these machines is expected to maintain its relevancy in the years to come. New advancements in these machines, for efficiency, durability, and improved outcomes are projected to bolster the market growth.
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Global Automatic Weigh Price Labeling Machine Market by Category
By Throughput Rate:
- Up to 50ppm
- 50 to 150ppm
- Above 150ppm
By Capacity:
- Up to 12kg
- 12 to 60kg
- Above 60kg
By End Use:
- Food and Beverage
- Dairy Products
- Flesh Foods
- Agricultural Produce
- Ready to Use
- Bakery and Confectionary
- Pharmaceutical Use
- Personal Care Products
- Logistics and Packaging
- Others (Chemical, Laboratory, etc.)
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- The Middle East and Africa
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