According to Future Market Insights’ latest report, the ASEAN and Gulf Countries inspection & weighing machine market is forecast to register a steady CAGR during the forecast period, reaching a total valuation of US$ 2282.4 million by 2032.
Rising adoption of automation across industries such as food & beverage, pharmaceutical, cosmetics & personal care, and chemical coupled with rising need for ensuring optimal quality of products is a key factor driving the ASEAN and Gulf Countries inspection & weighing machine market.
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Inspection and weighing machines are equipment used to measure or calculate weight of specific products during and after production processes as well as to inspect contents in packaged products to verify their authenticity. Adoption of these machines allows users to get accurate and reliable results which are key for quality control and production processes within pharmaceutical, food & beverage, and several other industries.
Growing focus on improving the quality of products along with rapid transition from traditional packaging technologies to advanced ones will boost inspection & weighing machine sales across ASEAN and Gulf countries during the assessment period.
Similarly, favorable government support, new product launches, and rapid industrialization & urbanization will create lucrative growth opportunities for inspection & weighing machines companies over the projection period.
Another key factor that is expected to trigger ASEAN and Gulf Countries market expansion is the availability of customized inspection & weighing machines. Several companies in the market are concentrating on increasing their revenue shares by providing customized packaging solutions to their customers.
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Key Takeaways from the ASEAN and Gulf Countries Inspection & Weighing Machine Market Report
- By machine type, the fluid filling machines segment will continue to dominate the ASEAN and Gulf Countries inspection & weighing market during the forecast period.
- In terms of end use, healthcare & pharma segment currently holds the largest share of the market, and the trend is expected to continue during the assessment period.
- Based on sales channel, offline stores segment holds the largest market share while online retail segment is expected to progress at a significant pace over the next ten years.
- ASEAN inspection & weighing machine market is expected to surpass a valuation of US$6 million in 2022.
- Gulf Countries inspection & weighing machine market is forecast to progress at 4% CAGR through 2032.
- Vietnam’s inspection & weighing machine market is poised to exhibit a CAGR of 7% between 2022 and 2032.
- Inspection & weighing machine demand across the United Arab Emirates is projected to rise at 0% CAGR throughout the forecast period.
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“Growing focus on improving safety and quality of products across pharmaceutical and food & beverage industries is expected to boost the ASEAN and Gulf Countries inspection & weighing machine market during the forecast period,” says a lead analyst at Future Market Insights.
Who is Winning?
Leading inspection & weighing machine manufacturers are focused on developing new and innovative solutions to meet end user demand as well as to increase their revenue share. Further, they are adopting strategies such as joint ventures, facility expansions, mergers, acquisitions, and partnerships to gain a competitive edge in the market.
ISHIDA CO LTD, Yamato Scale Co., Ltd, ACG Group, AEC Machinery (M) Sdn Bhd, Equipments Machines UAE, BREVETTI CEA S.P.A, Synerchem Engineering, Das Electronics Work Private Limited, DAIICHI JITSUGYO (THAILAND) CO., LTD, Shanghai Tofflon Science and Technology Co. Ltd., Cognex Corporation, ANTARES VISION S.p.A, METTLER TOLEDO, Danlesco Group, and Minebea Intec GmbH among others are prominent companies operating in this market space.
ASEAN and Gulf Countries Inspection & Weighing Machine Market Outlook by Category
By Machine Type:
- Check Weighers
- Metal Detector
- X-ray Systems
- Vision System
- Leveling System
- Color Sorters
- Tank Weighing
- Liquid Filling Machines
- Labeling Systems
By Sales Channel:
- Online Retail
- Offline Stores
By End Use:
- Food & Beverage
- Healthcare & Pharma
- Active Pharma Ingredients (API)
- Bulk Drugs
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.