The adoption of multihead weigher in Korea is expected to expand at a CAGR of 6.3% through 2034. With a valuation of US$ 13.1 million in 2024, sales of multihead weigher in Korea are poised to grow significantly. According to estimates, demand for multihead weigher in Korea is expected to reach US$ 24.1 million by 2034.
The food industry in Korea is developing cutting-edge solutions that are generating significant interest in multihead scales. As a result, the demand for multihead weigher is expected to grow. Manufacturers of multihead weigher are increasing their efforts to achieve new levels of perfection as the food industry demands wet cleaning and hygiene for their equipment.
Attributes | Details |
---|---|
Industry Size of Korea in 2024 | US$ 13.1 million |
Expected Industry Size of Korea by 2034 | US$ 24.1 million |
Forecasted CAGR between 2024 and 2034 | 6.3% |
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Many agricultural products, such as fruits, rice, vegetables, grains, kimchi, and sauces, are packaged and portioned using multihead weigher. These machines are employed to sort and package agricultural products.
Multihead weigher is commonly used in the snack food industry in South Jeolla for weighing and packaging snacks. While pharmaceuticals and chemicals may also utilize multihead weigher to weigh and supply ingredients and products, their use is not as widespread as in the food sector. A multihead weigher is a vital piece of equipment for industries involved in exports in South Jeolla, ensuring consistent and accurate packaging.
Due to the increased demand for processed meat and instant food in North Jeolla, the food and beverage industries are adopting multihead weigher to reduce product giveaways. The growth of the food & beverage industry is also being driven by the increasing level of automation in this sector. Using these machines reduces labor costs and the risks of errors by minimizing manual weighing and portioning. Food safety and hygiene are of extreme importance in North Jeolla. The clean and maintainable features of multihead weigher make it easy to clean, ensuring the products remain sanitary and safe.
Weigher with multiple heads is widely used in the food processing industry to weigh and package a variety of foodstuffs, including snacks, fresh produce, frozen foods, and seafood. The agricultural and seafood industries in South Gyeongsang have the potential to benefit from this technology.
As one of the prominent agriculturally productive areas in South Gyeongsang, the region produces both fruits and vegetables. Multihead weigher can ensure consistent portion sizes and reduce waste by weighing and packaging these products. Seafood is a key industry in the province due to its coastal location. Different types of seafood can be sorted and packed using multihead weigher, improving processing efficiency.
The demand for rotary machines is expected to drive sales in the multihead weigher industry. Korea's industry is dominated by rotary machines, with a 97.3% share in 2024. The packaging industry extensively employs rotary multihead weigher due to their rapid weighing capabilities.
Korea Multihead Weigher Based on Machine Type | Rotary Machine |
---|---|
Industry Share in 2024 | 97.3% |
A rotating circular disc is attached with multiple weighing heads that measure the product's weight and send the data to a computer for calculation and packaging. The availability of rotary machines makes them ideal for industries such as snacks, bakeries, and food processing, where high throughput and continuous operation are required for the rapid weighing and packing of small items.
Multihead weigher is among the commonly used applications in the food and beverage industry. The food industry is expected to hold a revenue share of 87.3% in 2024. These products are widely employed in the packaging and weighing of food items, including snacks, cereals, confectioneries, frozen foods, and fresh produce. The food and beverage industry uses multihead weigher to ensure precision in packaging, maintain quality standards, and control portion sizes.
Korea Multihead Weigher Based on End Use | Food |
---|---|
Industry Share in 2024 | 87.3% |
As multihead weigher is widely adopted across the industry for accurately measuring food quantities and reducing excess product giveaways, the industry is expected to grow. A global rise in packaged food sales also contributes to the demand for multihead weigher. Additionally, shifts in consumer lifestyles and changing preferences are driving business growth.
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Manufacturers of multihead weigher in Korea are expanding their production capabilities to meet escalating demand in an effort to boost sales. Leading players are pursuing mergers and acquisitions in order to meet industry demands adequately. A key focus is likely to also be placed on infrastructure investments to better meet demand.
Developments Observed in the Korea Multihead Weigher Ecosystem
Steel drums and plastic drums, as well as other industrial packaging products, are manufactured and supplied by Hwaseung R&A.
An important part of Sungwon Steel's business is producing steel drums, which are used in different industries, including chemical production and coatings.
Food and pharmaceutical industries rely on fiber drums manufactured by Dongil Canvas Engineering for flexible packaging solutions.
Attributes | Details |
---|---|
Estimated Industry Size in 2024 | US$ 13.1 million |
Projected Industry Valuation by 2034 | US$ 24.1 million |
Value-based CAGR 2024 to 2034 | 6.3% |
Historical Analysis of the Multihead Weigher in Korea | 2019 to 2023 |
Demand Forecast for Multihead Weigher in Korea | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Multihead Weigher in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Provinces Analyzed While Studying Opportunities in Multihead Weigher in Korea | South Gyeongsang, North Jeolla, South Jeolla, Jeju |
Key Companies Profiled | Daejung Co., Ltd; Samyoung Chemical; Youngjin Flex; Taesung Co., Ltd.; Hwaseung R&A; Sungwon Steel Co. Ltd.; Dongil Canvas Engineering; Shin Heung Industry |
The industry for multihead weigher in Korea is likely to be valued at US$ 13.1 million in 2024.
By 2034, the multihead weigher industry in Korea is estimated to reach US$ 24.1 million.
Between 2024 and 2034, the industry is expected to increase at 6.3% CAGR in Korea.
The food sector is likely to dominate the industry in the coming years.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Number of Heads 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Number of Heads, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Number of Heads, 2023 to 2033 5.3.1. Up to 10 Heads 5.3.2. 11 Heads to 15 Heads 5.3.3. 16 Heads to 20 Heads 5.3.4. More than 20 Heads 5.4. Y-o-Y Growth Trend Analysis By Number of Heads, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Number of Heads, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Machine Output 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Output, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Output, 2023 to 2033 6.3.1. Up to 70 PPM 6.3.2. 71 PPM to 140 PPM 6.3.3. 141 PPM to 210 PPM 6.3.4. More than 210 PPM 6.4. Y-o-Y Growth Trend Analysis By Machine Output, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Machine Output, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Maximum Weight Measurement 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Maximum Weight Measurement, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Maximum Weight Measurement, 2023 to 2033 7.3.1. Up to 1000 Grams 7.3.2. 1001 Grams to 2500 Grams 7.3.3. 2501 Grams to 5000 Grams 7.3.4. More than 5000 Grams 7.4. Y-o-Y Growth Trend Analysis By Maximum Weight Measurement, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Maximum Weight Measurement, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Machine Type 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Type, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Type, 2023 to 2033 8.3.1. Rotary Machine 8.3.2. Linear Machine 8.4. Y-o-Y Growth Trend Analysis By Machine Type, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Machine Type, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033 9.3.1. Food 9.3.1.1. Snacks Food 9.3.1.2. Meat, Poultry, and Frozen Food 9.3.1.3. Ready-to-eat Meals 9.3.1.4. Fresh Produce & Salads 9.3.1.5. Dairy Products 9.3.1.6. Bakery & Confectionary 9.3.1.7. Cereals & Grains 9.3.1.8. Others 9.3.2. Chemical 9.3.3. Pharmaceutical 9.3.4. Other Industrial 9.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. Introduction 10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 10.3.1. South Gyeongsang 10.3.2. North Jeolla 10.3.3. South Jeolla 10.3.4. Jeju 10.3.5. Rest of Korea 10.4. Market Attractiveness Analysis By Region 11. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Number of Heads 11.2.2. By Machine Output 11.2.3. By Maximum Weight Measurement 11.2.4. By Machine Type 11.2.5. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Number of Heads 11.3.2. By Machine Output 11.3.3. By Maximum Weight Measurement 11.3.4. By Machine Type 11.3.5. By End Use 11.4. Key Takeaways 12. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Number of Heads 12.2.2. By Machine Output 12.2.3. By Maximum Weight Measurement 12.2.4. By Machine Type 12.2.5. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Number of Heads 12.3.2. By Machine Output 12.3.3. By Maximum Weight Measurement 12.3.4. By Machine Type 12.3.5. By End Use 12.4. Key Takeaways 13. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Number of Heads 13.2.2. By Machine Output 13.2.3. By Maximum Weight Measurement 13.2.4. By Machine Type 13.2.5. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Number of Heads 13.3.2. By Machine Output 13.3.3. By Maximum Weight Measurement 13.3.4. By Machine Type 13.3.5. By End Use 13.4. Key Takeaways 14. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Number of Heads 14.2.2. By Machine Output 14.2.3. By Maximum Weight Measurement 14.2.4. By Machine Type 14.2.5. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Number of Heads 14.3.2. By Machine Output 14.3.3. By Maximum Weight Measurement 14.3.4. By Machine Type 14.3.5. By End Use 14.4. Key Takeaways 15. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Number of Heads 15.2.2. By Machine Output 15.2.3. By Maximum Weight Measurement 15.2.4. By Machine Type 15.2.5. By End Use 15.3. Market Attractiveness Analysis 15.3.1. By Number of Heads 15.3.2. By Machine Output 15.3.3. By Maximum Weight Measurement 15.3.4. By Machine Type 15.3.5. By End Use 15.4. Key Takeaways 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Number of Heads 16.3.3. By Machine Output 16.3.4. By Maximum Weight Measurement 16.3.5. By Machine Type 16.3.6. By End Use 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Komachine Inc. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Kumyong Yamato Scale Co. Ltd 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. ISHIDA CO., LTD. 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. YAMATO-Scale GmbH Germany 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. MULTIPOND Wägetechnik GmbH 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. PFM S.P.A. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. nVenia LLC. 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. IMA-Ilapak 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Scanvaegt Systems A/S 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Dm Packaging Group S.r.l 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. Comek S.r.l. 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 17.1.12. Grupo Exaktapack S.L. 17.1.12.1. Overview 17.1.12.2. Product Portfolio 17.1.12.3. Profitability by Market Segments 17.1.12.4. Sales Footprint 17.1.12.5. Strategy Overview 17.1.12.5.1. Marketing Strategy 17.1.12.5.2. Product Strategy 17.1.12.5.3. Channel Strategy 17.1.13. Multiweigh GmbH 17.1.13.1. Overview 17.1.13.2. Product Portfolio 17.1.13.3. Profitability by Market Segments 17.1.13.4. Sales Footprint 17.1.13.5. Strategy Overview 17.1.13.5.1. Marketing Strategy 17.1.13.5.2. Product Strategy 17.1.13.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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