The Automatic Checkweigher Market size is projected to reach US$ 423.3 million by 2031 from US$ 275.21 million in 2023. The market is expected to register a CAGR of 4.40% in 2023–2031. Stringent government regulations for product quality control have compelled manufacturers to install the automatic check weigher in the production plants. In addition, the many automatic checkweigher manufacturers are offering quality and efficient products, which is supporting the market growth.
The rising trend of smart factories across industries is one of the factors driving the demand for the automatic check weigher. Many automatic check weigher manufacturers integrate conveyor systems to provide additional operation efficiency. In addition, some of the manufacturing companies are also integrating automotive checkweigher with a smart packaging robotic system, which checks the quantity of the packaged products immediately after the packaging process. Such developments have helped the automatic checkweigher market to grow notably. Further, regulations of the heavy fines by the US Food and Drug Administration on the manufacturing companies in the US is another factor that is driving the market growth of the automatic check weigher industry.
Developed nations such as the US and Germany, among others, were some of the early adopters of the automatic check weigher owing to stringent consumer laws. Industries such as the pharmaceutical industry, cosmetics, and personal care are some of the notable industries in the developed nations. In the early stages, the demand for the automatic check weigher was high in the pharmaceutical industry; however, as industrial growth started taking place in developing nations, the demand for automatic check weigher in the food and beverage industry increased.
On the basis of type, the combination systems are projected to dominate during the forecast period. The combination system comes with a variety of integrated systems, such as X-ray technology and metal detection technology, among others. This helps the food and beverage industry to reduce the number of faulty products reaching the consumer. This has helped many companies to maintain and improve their brand image in their particular industry.
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Automatic Checkweigher Market: Strategic Insights
Continuous growth in the pharmaceutical, chemical, and food and beverage industry has driven the automatic checkweigher market growth. Increasing per day production in the industries mentioned above has increased the need for large or multiple automatic check weigher systems. Automatic check weigher helps manufacturing reduce the errors caused by human intervention and also helps reduce the operational cost of labor for weighing the packaged product. This has helped almost all companies across the pharmaceutical, food, and beverage industries to strengthen their brand image in the respective industries.
The consumption of food and beverages is growing significantly owing to the increasing population and disposable income. As per the study, in 2021, the packaged beverage category increased by 16.5% from 2020, and this trend is projected to grow in the coming years. In addition, as per the data provided by Nestle, a notable brand in the food and beverage industry, the company witnessed organic growth of 8% across the globe. In addition, the sales of Procter & Gamble in 2020 were US$ 76.1 billion, which increased to US$ 82 billion in 2022. Thus, the above statistics show the continuous growth of the food and beverage industry. This steady growth is estimated to continue during the forecast period, ultimately driving the demand for the automatic checkweigher in the coming years.
Key segments that contributed to the derivation of the Automatic Checkweigher Market analysis are type, cause, disorder type, category, and end user.
The geographic scope of the Automatic Checkweigher Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
Asia Pacific accounted for the largest market share during the forecast period. The Asia Pacific kitchen countertop market is further categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. One of the major factors behind the growth of the automatic check weigher is the high demand for the food and beverage industry due to the increased population. As per the data published by the Indian government in 2023, the Indian food processing market reached US$ 305 billion in 2022, and it is projected to reach US$ 550 by 2028. In addition, the continuous entry of food and beverage startups is another factor that driving the automatic checkweigher market in the region.
The regional trends and factors influencing the Automatic Checkweigher Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automatic Checkweigher Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 275.21 Million |
| Market Size by 2031 | US$ 423.3 Million |
| Global CAGR (2023 - 2031) | 4.40% |
| Historical Data | 2021-2022 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Automatic Checkweigher Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Automatic Checkweigher Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Automatic Checkweigher Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Automatic Checkweigher and strategies:
The “Automatic Checkweigher Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: