Los Angeles, CA -- (SBWire) -- 02/06/2019 --Global Kitchen Scales market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player's various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information about various clients which is the most significant element for the manufacturers.
The report takes a dashboard view of an entire Kitchen Scales market by comprehensively analyzing market circumstance and situation and the various activities of leading players in the market such as mergers, partnership, and acquisitions. This unique report explains the present industry situations that gives the crystal clear picture of the global Kitchen Scales market to the clients. The thorough database which has given in this report help the customers to get detail information about the competitors. It is the most significant factor in any report to provide client/s information and QY Research committedly follows this basic principle of the market research industry.
Kitchen Scales industry is fragmented, manufacturers are mostly in the North America, Europe, China and India. Among them, North America, Europe, China and India output value accounted for more than 72.11% of the total output value of global Kitchen Scales. Tanita is the world leading manufacturer in global Kitchen Scales market with the market share of 10.57%.
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Compared to 2014, Kitchen Scales market managed to increase sales by 4.01 percent to 485.64 million USD worldwide in 2015. Overall, the Kitchen Scales performance is positive, despite the weak economic environment.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the Kitchen Scales raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Kitchen Scales.
To increase the profitability and competitiveness, Kitchen Scales manufacturers increased investment in the R&D and product design process. According to our forecast, the demand for kitchen scales will slowly grow due to the increasing need for precise measuring analytical device in developing countries. This also means the new tech application may extensively change the traditional industry standard and bring more opportunities for tech-oriented companies. While some manufacturers produce particular functional device to fit the consumers' demands.
The average price of Kitchen Scales will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The global Kitchen Scales market is valued at 520 million US$ in 2018 is expected to reach 690 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2019-2025.
This report focuses on Kitchen Scales volume and value at global level, regional level and company level. From a global perspective, this report represents overall Kitchen Scales market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Tanita
CAMRY
Taylor
Soehnle
Kalorik
Alessi
Alexandra
Goldtech
Yonzo
Contech
DigiWeigh
Brecknell
Cuisinart
Myweigh
AWS
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Mechanical scales
Digital scales
Segment by Application
Domestic Kitchen
Commercial Kitchen
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Global Kitchen Scales Market Is Expected to Reach 690 Million US$ by the End of 2025 - QY Research, Inc.
The global Kitchen Scales market is valued at 520 million US$ in 2018 is expected to reach 690 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2019-2025.