Global Kitchen Scales Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Kitchen Scales Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Kitchen Scales market finds that the global Kitchen Scales market reached a value of USD 627.73 million in 2022. It’s expected that the market will achieve USD 758.63 million by 2028, exhibiting a CAGR of 3.21% during the forecast period.

With the increasing application of Kitchen Scales, the demand for Kitchen Scales is expected to grow.

Scales and balances are widely used in commerce because many products are sold and packaged by quality.
The growing food and beverage market is driving the growth of the kitchen scale market. The food and beverage industry is driven by increased consumer spending on dining out. The exponential growth of the food and beverage industry will drive the adoption of kitchen scales.
The digital kitchen scale market is the leading product of the global kitchen scale market in 2017. This can be attributed to the growing demand for equipment that provides accurate measurements. The market share of this segment will further increase and will continue to dominate the market in the next five years.

Rising labor costs

With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. In view of the fact that the production of kitchen scales requires more labor, the cost of manufacturers increases as labor costs increase.

Low price competition

As a labor-intensive industry, product homogeneity in the global market is very serious. The price competition is fierce and the profit margin of manufacturers is continuously decreasing, so low-price competition will become one of the obstacles.

Product technology advancement has promoted the development of kitchen scales

Technological progress has also had a positive impact on the global kitchen scale market. Technological advancements in kitchen scales include functions such as nutritional component measurement. The market has also witnessed the introduction of portable and multifunctional digital weighing scales that can use batteries instead of power. Therefore, during the forecast period, the growing food and beverage market and technological progress will drive the growth of the kitchen scale market.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Tanita is one of the major players operating in the Kitchen Scales market, holding a share of 10.06% in 2023.

Tanita

Tanita Corporation was founded in 1944. The Company's line of business includes manufacturing scales and balances, except laboratory.

CAMRY

CAMRY has over four decades of manufacturing tradition. Each scale under the CAMRY Logo boasts excellent workmanship, accurate measurements and sleek design.

Segmentation Overview:

By type, Mechanical scales segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Bakery segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Kitchen Scales market covered in Chapter 3:

Escali
CAMRY
Taylor Precision Products
Contech
Yonzo
Weighmax
Alexandra
Jiangyin Suofei
DigiWeigh
Tanita
Cuisinart
Goldtech
Soehnle

In Chapter 4 and Chapter 14.2, on the basis of types, the Kitchen Scales market from 2018 to 2029 is primarily split into:

Digital scales
Mechanical scales

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Kitchen Scales market from 2018 to 2029 covers:

Bakery
Restaurant
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)