Market Overview:
The global retail scales market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global retail scales market can be attributed to the increasing demand for dual-display type and single-display type retail scales by fresh food manufacturers, farmers markets, roadside stands, convenience stores, supermarkets and others. Additionally, the growing demand for digital retail scales is also contributing to the growth of this market. North America dominates the global retail scales market followed by Europe and Asia Pacific.
Product Definition:
A retail scale is a type of scale that is used to weigh items for sale in a store. Retail scales are important because they help ensure that stores are accurately charging their customers for the items they are buying.
Dual-Display Type:
Dual-display technology is a combination of LCD and LED technologies, which provides high accuracy and reliability in weighing objects. The technology helps to provide accurate measurement of the weight on the scale without any interference from extraneous factors such as power lines or environmental light. It also eliminates display readout errors caused by ambient light, temperature variations, etc., making it an ideal solution for retail stores looking for reliable digital scales that can withstand harsh environments such as extreme temperatures and high humidity.
Single-Display Type:
Single-Display Type is a scale technology that provides reliable and precise weight measurement up to 1,000 pounds with the help of a single weighing platform. It has an advanced electronic control system which helps in providing highly accurate results. The Single-Display Type can be used for commercial as well as household purposes such as food & beverage, pharmaceuticals, chemicals & fertilizers and automotive industries among others.
Application Insights:
The supermarkets segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing penetration of supermarkets across countries, especially in emerging economies such as India, China and Brazil. Furthermore, technological advancements such as digital signage advertising (DSDSA) have aided supermarket owners to place their ads on digital displays located at roadways or near stores thereby driving the demand for retail scales.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing penetration of supermarkets and hypermarkets, which require advanced retail scales for accurate weighing and monitoring of inventory. Furthermore, rising disposable income levels are anticipated to drive demand from developing countries such as China and India.
North America accounted for a significant share in terms of revenue due to high demand from farmers markets, roadside stands, convenience stores/gas stations as well as small & medium-sized retailers regarding price-sensitive products such as fruits & vegetables and milk products. However, slow adoption by manufacturers owing to lack of technology may hinder growth during the forecast period.
Growth Factors:
- Increasing demand for retail scales from small and medium-sized businesses (SMBs) due to the growing popularity of ecommerce
- Rising demand for portable retail scales from retailers who want to be able to weigh items while on the go
- The increasing use of digital weighing technology in retail scales, which is helping to improve accuracy and efficiency
- The growing trend of "smart" or connected scales, which can transmit weight data wirelessly and help retailers track inventory levels more closely
- The increasing number of regulations governing the sale of certain types of goods, such as food and pharmaceuticals, which is driving demand for accurate and reliable retail scales
Scope Of The Report
Report Attributes
Report Details
Report Title
Retail Scales Market Research Report
By Type
Dual-Display Type, Single-Display Type
By Application
Fresh Food Manufacturers, Farmers Markets, Roadside Stands, Convenience Stores, Supermarkets, Others
By Companies
Mettler Toledo, Adam, Teraoka Seiko Co., Ltd, Rice Lake Weighing Systems, AE Adam GmbH, Dini Argeo, Gram Group, OHAUS, Pinnacle Technology Corporation, A&D Australasia Pty Ltd, Mettler Toledo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Retail Scales Market Report Segments:
The global Retail Scales market is segmented on the basis of:
Types
Dual-Display Type, Single-Display Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fresh Food Manufacturers, Farmers Markets, Roadside Stands, Convenience Stores, Supermarkets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mettler Toledo
- Adam
- Teraoka Seiko Co., Ltd
- Rice Lake Weighing Systems
- AE Adam GmbH
- Dini Argeo
- Gram Group
- OHAUS
- Pinnacle Technology Corporation
- A&D Australasia Pty Ltd
- Mettler Toledo
Highlights of The Retail Scales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual-Display Type
- Single-Display Type
- By Application:
- Fresh Food Manufacturers
- Farmers Markets
- Roadside Stands
- Convenience Stores
- Supermarkets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Retail Scales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Retail scales are a type of weighing device used in retail stores to measure the weight of items being sold. They typically have a platform with markings that indicate the weight of an item, and a handle that allows customers to lift the item onto the platform for measurement.
Some of the major companies in the retail scales market are Mettler Toledo, Adam, Teraoka Seiko Co., Ltd, Rice Lake Weighing Systems, AE Adam GmbH, Dini Argeo, Gram Group, OHAUS, Pinnacle Technology Corporation, A&D Australasia Pty Ltd, Mettler Toledo.
The retail scales market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Retail Scales Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Retail Scales Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Retail Scales Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Retail Scales Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Retail Scales Market Size & Forecast, 2020-2028 4.5.1 Retail Scales Market Size and Y-o-Y Growth 4.5.2 Retail Scales Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dual-Display Type
5.2.2 Single-Display Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fresh Food Manufacturers
6.2.2 Farmers Markets
6.2.3 Roadside Stands
6.2.4 Convenience Stores
6.2.5 Supermarkets
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Retail Scales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Retail Scales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dual-Display Type
9.6.2 Single-Display Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fresh Food Manufacturers
9.10.2 Farmers Markets
9.10.3 Roadside Stands
9.10.4 Convenience Stores
9.10.5 Supermarkets
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dual-Display Type
10.6.2 Single-Display Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fresh Food Manufacturers
10.10.2 Farmers Markets
10.10.3 Roadside Stands
10.10.4 Convenience Stores
10.10.5 Supermarkets
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dual-Display Type
11.6.2 Single-Display Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fresh Food Manufacturers
11.10.2 Farmers Markets
11.10.3 Roadside Stands
11.10.4 Convenience Stores
11.10.5 Supermarkets
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dual-Display Type
12.6.2 Single-Display Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fresh Food Manufacturers
12.10.2 Farmers Markets
12.10.3 Roadside Stands
12.10.4 Convenience Stores
12.10.5 Supermarkets
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dual-Display Type
13.6.2 Single-Display Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fresh Food Manufacturers
13.10.2 Farmers Markets
13.10.3 Roadside Stands
13.10.4 Convenience Stores
13.10.5 Supermarkets
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Retail Scales Market: Competitive Dashboard
14.2 Global Retail Scales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mettler Toledo
14.3.2 Adam
14.3.3 Teraoka Seiko Co., Ltd
14.3.4 Rice Lake Weighing Systems
14.3.5 AE Adam GmbH
14.3.6 Dini Argeo
14.3.7 Gram Group
14.3.8 OHAUS
14.3.9 Pinnacle Technology Corporation
14.3.10 A&D Australasia Pty Ltd
14.3.11 Mettler Toledo