Core Viewpoint - The electronic barcode scale market in China is experiencing a transitional phase, with a decline in sales revenue from $73.46 million in 2020 to an expected $63.50 million in 2024, primarily due to macroeconomic fluctuations and competition from alternative weighing devices [6][9]. Market Overview - The electronic barcode scale market in China is projected to have a compound annual growth rate (CAGR) of 1.75% from 2025 to 2031, indicating a shift towards maturity with limited growth potential [6]. - The market is divided into traditional button-type scales, which will account for approximately 66% of total revenue in 2024, and automatic identification scales, which are rapidly gaining market share [6][7]. Product Structure - Traditional button-type scales are widely used in small to medium-sized supermarkets and retail outlets due to their low cost and ease of use, but their revenue has been declining since 2020 [6]. - Automatic identification scales are expected to capture about 34% of the market by 2024, driven by features such as AI visual recognition and integrated label printing [7]. Competitive Landscape - Key players in the Chinese electronic barcode scale market include Mettler-Toledo, Top Electronic, Shanghai Dahua Electronic Scale Factory, Xiamen Hanprint Co., Ltd., and Teraoka Seiko Co., Ltd. [7]. - The top three manufacturers are projected to hold a market share of 40.83% in 2024, indicating a moderately concentrated market [7]. Customer Applications - The primary customers for electronic barcode scales are large chain supermarkets and small to medium-sized retail outlets, with large chains showing a higher demand for advanced automatic identification scales [8]. - The digital transformation in retail is pushing for the adoption of smart barcode scales, while traditional supermarkets are still reliant on basic models due to cost considerations [8]. Industry Drivers - The demand for fresh produce and the need for accurate pricing and labeling in supermarkets are significant drivers for the barcode scale market [11][12]. - The digital transformation in retail is reshaping the market, with retailers seeking smarter, interconnected solutions to enhance efficiency and customer engagement [14][15]. Industry Constraints - The offline supermarket sector is facing challenges from e-commerce and community group buying, leading to a slowdown in growth and reduced demand for barcode scales [17]. - Market saturation and homogeneous competition are increasing, as many small enterprises can enter the market with lower costs, leading to price competition and reduced profit margins [18]. Threat of Substitutes - The emergence of integrated weighing and cash register machines poses a significant threat to traditional barcode scales, as these devices streamline the checkout process and eliminate the need for physical labels [19].

Core Insights - The automatic identification electronic scale market has seen rapid growth, becoming a highlight in the market due to its core advantages such as AI visual recognition and integration with smart POS systems, significantly improving checkout efficiency in fresh produce areas [2][5] - The Chinese electronic barcode scale market has experienced a decline from $73.46 million in 2020 to $63.50 million in 2024, influenced by macroeconomic fluctuations and competition from alternative weighing devices, but is expected to grow at a compound annual growth rate (CAGR) of 2.1% from 2025 to 2031 [3][5] Market Overview - The electronic barcode scale primarily serves large chain supermarkets and small retail stores, with major chains like Yonghui and Walmart showing high demand for advanced identification scales [5] - Traditional button-type scales still dominate the market, holding approximately 66.25% market share, but smart scales are gradually replacing them, especially in fresh produce sales [5] Competitive Landscape - The market is relatively concentrated, with the top five manufacturers holding about 57.0% of the market share, including companies like Mettler-Toledo and Teraoka Seiko [5] - The electronic barcode scale industry is characterized by a high number of manufacturers, indicating a competitive environment [5] Future Projections - The electronic barcode scale market in China is projected to exceed 20 billion RMB by 2025, driven by the adoption of IoT technology and the development of smart retail [5] - The market is expected to stabilize despite limited growth potential, providing a solid sales foundation for companies [3]