Global Coding and Marking Systems Market Report Size, Trends & Growth Opportunity, By Technology Type (Continuous Inkjet (CIJ) Printer, Thermal Inkjet (TIJ) Printer, Piezo Inkjet Printer, Laser Printer, Others), By Application (Primary, Secondary, Tertiary), By End-use Industry (Food and Beverage, Pharmaceutical, Construction, Cosmetics, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Report ID : IR1001106 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 265
Global Coding and Marking Systems Market Report Size, Trends & Growth Opportunity, By Technology Type (Continuous Inkjet (CIJ) Printer, Thermal Inkjet (TIJ) Printer, Piezo Inkjet Printer, Laser Printer, Others), By Application (Primary, Secondary, Tertiary), By End-use Industry (Food and Beverage, Pharmaceutical, Construction, Cosmetics, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Coding and Marking Systems Market
The Global Coding and Marking Systems Market is estimated to be USD 16.20 Bn in 2021 and is projected to reach USD 22.20 Bn by 2027, growing at a CAGR of 4.34%.
Systems, which are broadly used in automotive coding is called as Coding and marking systems and it is used to print anti-counterfeit labels or part numbers on auto parts to prevent the sale of counterfeit parts.
Market Drivers
Major factor that drives the market growth is the increasing demand for coding and marking systems in the automotive industry and it has increased because of the amplified sales of counterfeit products.
Moreover, Various industries are using coding and marking technologies, like FMCG, food and beverages, electronic products, seeds, construction, healthcare, and pharmaceuticals etc. The growing demand for packaged food, and augmented urbanization are increasing the consumption of these products, which is further rising the demand for coding and marking systems.
Market Restraints
One of the major restraining factors that hamper the market growth is Coding and marking devices are tending to be very costly.
High installation cost and operational errors are also the major reasons to hamper the market growth.
Market Segmentation
Coding and Marking Systems Market is segmented into major 4 categories. Based Technology Type, the market is segmented into Continuous Inkjet (CIJ) Printer, Thermal Inkjet (TIJ) Printer, Piezo Inkjet Printer, Laser Printer, Others. Based on End-use Industry, the market is divided into Food and Beverage, Pharmaceutical, Construction, Cosmetics, Others. Based on Application, the market is segmented into Primary, Secondary, Tertiary. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America region is anticipated to led the global coding and marking systems market because of the rising demand from various industries for coding and marking systems like pharmaceutical and healthcare industry.
Asia Pacific is likely to the fastest-growing regional market owing to the rising requirements for coding and marking systems in the Asia-Pacific region and it is hone to the developing economies, like India and China.
Market Key Players
Some of the key players operating in Global Coding and Marking Systems Market are Danaher Corporation, Dover Corporation, Leibinger Group, Hitachi Industrial Equipment & Solutions America, LLC, Diagraph an ITW Company, Matthews Marking Systems, Inkjet Inc., Overprint Limited, ID Technology LLC, ATD Marking Systems.
Industry development
In December 2021, Koenig & Bauer introduced a special packaging for premium tobacco leaves with laser marking. This task will be performed on-site in the future by the semi-automatic udaFORMAXX Offline coding system, which is equipped with a CO2 marking laser for permanent marking without smudging
In June 2022, CONTROL PRINT LTD. launched a new product Pench, which is a continuous inkjet printer. It is mainly used for sectors like cable, wire, steel, and other ultra-fast high-speed applications, as it can print at a pace of up to 700-m/min. The product launch will help the company to expand its product portfolio and customer base in various end-use industries
Global Coding and Marking Systems Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Coding and Marking Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Coding and Marking Systems Market, By Technology Type
5.1 Y-o-Y Growth Comparison, By Technology Type
5.2 Coding and Marking Systems Market Share Analysis, By Technology Type
5.3 Coding and Marking Systems Market Size and Forecast, By Technology Type
5.3.1 Continuous Inkjet (CIJ) Printer
5.3.2 Thermal Inkjet (TIJ) Printer
5.3.3 Piezo Inkjet Printer
5.3.4 Laser Printer
5.3.4 Others
6 Coding and Marking Systems Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Coding and Marking Systems Market Share Analysis, By Application
6.3 Coding and Marking Systems Market Size and Forecast, By Application
6.3.1 Primary
6.3.2 Secondary
6.3.3 Tertiary
7 Coding and Marking Systems Market, By End-use Industry
7.1 Y-o-Y Growth Comparison, By End-use Industry
7.2 Coding and Marking Systems Market Share Analysis, By End-use Industry
7.3 Coding and Marking Systems Market Size and Forecast, By End-use Industry
7.3.1 Food and Beverage
7.3.2 Pharmaceutical
7.3.3 Construction
7.3.4 Cosmetics
7.3.5 Others
8 Coding and Marking Systems Market, By Region
8.1 Coding and Marking Systems Market Share Analysis, By Region
8.2 Coding and Marking Systems Market Share Analysis, By Region
8.3 Coding and Marking Systems Market Size and Forecast, By Region
9 North America Coding and Marking Systems Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Coding and Marking Systems Market Share Analysis, By Technology Type
9.3 North America Coding and Marking Systems Market Size and Forecast, By Application
9.4 North America Coding and Marking Systems Market Size and Forecast, By End-use Industry
9.5 North America Coding and Marking Systems Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Coding and Marking Systems Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Coding and Marking Systems Market Share Analysis, By Technology Type
10.3 Europe Coding and Marking Systems Market Size and Forecast, By Application
10.4 Europe Coding and Marking Systems Market Size and Forecast, By End-use Industry
10.5 Europe Coding and Marking Systems Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Coding and Marking Systems Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Coding and Marking Systems Market Share Analysis, By Technology Type
11.3 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Application
11.4 Asia Pacific Coding and Marking Systems Market Size and Forecast, By End-use Industry
11.5 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Coding and Marking Systems Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Coding and Marking Systems Market Share Analysis, By Technology Type
12.3 Latin America Coding and Marking Systems Market Size and Forecast, By Application
12.4 Latin America Coding and Marking Systems Market Size and Forecast, By End-use Industry
12.4 Latin America Coding and Marking Systems Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Coding and Marking Systems Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Coding and Marking Systems Market Share Analysis, By Technology Type
13.3 Middle East Coding and Marking Systems Market Size and Forecast, By Application
13.4 Middle East Coding and Marking Systems Market Size and Forecast, By End-use Industry
13.5 Middle East Coding and Marking Systems Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Danaher Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Dover Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Leibinger Group
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Hitachi Industrial Equipment & Solutions America, LLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Diagraph an ITW Company
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Matthews Marking Systems
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Inkjet Inc.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Overprint Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 ID Technology LLC
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 ATD Marking Systems
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies