Egypt Electronic Weighing Machines Market (2023-2029) | Analysis, Growth, Industry, Outlook, Trends, Value, Revenue, Forecast, Size, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Type (Laboratory Scale, Gem and Jewelry Scale, Retail Scale, Health Scale, Kitchen Scale, Others), By Distribution Channel (Online, Offline) And Competitive Landscape

Product Code: ETC432708 Publication Date: Dec 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Egypt Electronic Weighing Machines Market Synopsis

The Egypt Electronic Weighing Machines Market is estimated to gain more growth in the near future owing to the benefits electronic weighing machines have and the growth drivers driving the growth of this industry in the country. Rising demand for measuring devices and accurate weighing in many sectors like healthcare, retail, food & beverage industries are driving the sector.

According to 6Wresearch, the Egypt Electronic Weighing Machines Market size is expected to grow during 2023-2029. This sector has been gaining success in the country owing to the benefits electronic weighing machines offer. The key drivers for this industry are rising demand for measuring devices and accurate weighing in many sectors like healthcare, retail and food & beverage. Furthermore, rising construction sector in the country is also likely to stimulate the sector evolvement over the forecast period. The initiatives taken by the government of the country in order to promote industrialization and develop infrastructure are resulting in growing demand for these electronic weighing machines in the country.

There is a growing awareness among people regarding the benefits of these machines which is giving this sector opportunities to grow. Rising population in the nation and rapid urbanization are also stimulating the development of this industry in the market. There are various types of electronic weighing machines come in the sector which include floor scales, hanging scales, bench scales and others. The floor scales segment accounts for the highest share and it will continue to be the most popular type of electronic weighing machines in the country. However, high prices of electronic weighing machines in the country are anticipated to restraint the development of this market.

These machines are adding value to the lives of people since people these days are more aware of their health and fitness activities and for this, they require weighing machines which is stimulating the growth of this industry in the nation. The market players have been doing their best to support the growth of this industry in the best possible ways with the products they manufacture for their consumers. The demand for electronic weighing machines will always be there since it is a product which is related to health and fitness. The Egypt Electronic Weighing Machines Market share will continue to grow.

COVID-19 Impact on Egypt Electronic Weighing Machines Market

The demand for electronic weighing machines decreased more during the tough time owing to the slowdown in many sectors. Although, healthcare sector was progressing well during the pandemic, the hospitals were focused on treating people affected by the pandemic and they were providing treatment to peopled dealing with major issues. There was no huge demand for these machines in healthcare. The fitness clubs and gyms were also not operating which disrupted the growth of this market in the nation since there was no need for these products.

Market Analysis by Type

Based on type, the Electronic Weighing Machines Market in Egypt is classified into Laboratory Scale, Gem And Jewelry Scale, Retail Scale, Health Scale, Kitchen Scale, and Others. Out of which, the retail segment held the largest position in the past few years, The laboratory scale segment is anticipated to drive the market in the coming years. This segment is driven by advancements in technologies in laboratories and rising research projects in biotech and pharmaceutical companies.

Market Analysis by Distribution Channel

Based on distribution channel, the Egypt Electronic Weighing Machines Industry is classified into Online, and Offline. Out of which, the offline segment held the largest share in the market in the past years. The online distribution channel segment will dominate the industry owing to the popularity of online shopping among people in the country. The availability of various types of weighing machines on online stores is also driving this segment in the market.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022.
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Egypt Electronic Weighing Machines Market Outlook
  • Market Size of Egypt Electronic Weighing Machines Market, 2021
  • Forecast of Egypt Electronic Weighing Machines Market, 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Revenues & Volume for the Period 2019 - 2029
  • Egypt Electronic Weighing Machines Market Trend Evolution
  • Egypt Electronic Weighing Machines Market Drivers and Challenges
  • Egypt Electronic Weighing Machines Price Trends
  • Egypt Electronic Weighing Machines Porter's Five Forces
  • Egypt Electronic Weighing Machines Industry Life Cycle
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Type for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Laboratory Scale for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Gem and Jewelry Scale for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Retail Scale for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Health Scale for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Kitchen Scale for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Others for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Online for the Period 2019 - 2029
  • Historical Data and Forecast of Egypt Electronic Weighing Machines Market Revenues & Volume By Offline for the Period 2019 - 2029
  • Egypt Electronic Weighing Machines Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution Channel
  • Egypt Electronic Weighing Machines Top Companies Market Share
  • Egypt Electronic Weighing Machines Competitive Benchmarking By Technical and Operational Parameters
  • Egypt Electronic Weighing Machines Company Profiles
  • Egypt Electronic Weighing Machines Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

  • Laboratory Scale
  • Gem And Jewellery Scale
  • Retail Scale
  • Health Scale
  • Kitchen Scale
  • Others

By Distribution Channel

  • Online
  • Offline

Frequently Asked Questions About the Market Study: FAQs

1. What is the forecast period of this report?

The forecast period of this report is 2023-2029.

2. Does the government of the country support this sector?

The initiatives taken by the government of the country in order to promote industrialization and develop infrastructure are resulting in growing demand for these electronic weighing machines in the country.

3. Are there any factors fueling the growth of this market?

The key drivers for this industry are rising demand for measuring devices and accurate weighing in many sectors like healthcare, retail and food & beverage.

4. Which sectors are the key adopters of electronic weighing machines in Egypt?

Sectors such as retail, healthcare and food & beverage are the major adopters of electronic weighing machines in the nation.

 
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