DUBLIN, April 18, 2023 /PRNewswire/ -- The "Coding and Marking Systems and Solutions: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Coding and Marking Systems and Solutions Market to Reach $6 Billion by 2030
The global market for Coding and Marking Systems and Solutions estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$6 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030.
Continuous Inkjet, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Laser segment is readjusted to a revised 8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $783.1 Million, While China is Forecast to Grow at 7.8% CAGR
The Coding and Marking Systems and Solutions market in the U.S. is estimated at US$783.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$922.9 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$960.7 Million by the year 2030.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Coding and Marking Systems and Solutions - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
- COVID-19 Pandemic Disrupts Packaging Industry
- Pandemic Gives Rise to the Need for Coding and Marking for PPEs and Other Products
- An Introduction to Coding and Marking Systems & Solutions
- Technological Perspective of Coding and Marking Systems
- Types of Coding and Marking Systems by Technology Platforms
- Types of Coding and Marking by Packaging Level
- Coding and Marking on Packaging Substrates
- Coding and Marking Systems and Solutions: A Critical Part of Packaging Market
- Continuous Inkjet Technology Dominates Global Coding and Marking Systems Market
- Food & Beverage: The Major End-Use for Coding and Marking Market
- Developing Countries to Spearhead Future Growth
- Competition
- Vendors Aim to Operate as Single Source Solutions Providers
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Focus on Product Traceability and Anti-Counterfeiting Measures to Build Huge Opportunities for Coding and Marking Market
- Concerns over Counterfeiting and Diversions Drives Global Brands to Adopt Advanced Coding and Marking Solutions
- Global Counterfeit Goods Market by Country: Percentage Breakdown of Goods Value Seized by Country of Copyright Owner
- Industry 4.0 Plays a Critical Role in Enhancing Efficiency of Coding and Marking Systems
- Major Industry 4.0 Technologies
- Industry 4.0 Poised to Transform FMCG Coding and Marking
- Demand for Manufactured and Processed Goods to Influence Growth in Coding and Marking Market
- Product Innovations Keep Market Momentum Intact
- Continuous Inkjet (CIJ): Prominent Technology Type for Coding and Marking
- Ultra-High Speed CIJ Technology Experience Demand Growth
- Flexible Packaging Market Presents Potential Opportunities for CIJ Technology
- Thermal Transfer Overprinting: An Ideal Technology for Flexible Packaging
- Laser Marking Systems Poised to Witness High Growth
- Global Industrial Laser Systems Market for Marking and Engraving
- Lasers Find Use in High-Speed Marking
- Manufacturers Rely on Laser Systems for Permanent Marking Needs
- Laser Marking Systems for Traceability of Magnesium Parts in Automotive Industry
- Inkjet Devices for Coding and Marking Facilitate Product Tracking and Tracing
- Inkjet Coders Ensure Higher Efficiency with Lower Downtime for Primary Packaging
- Advanced Systems Vs Legacy Systems
- Benefits for Users & Buyers of Packaging Machinery
- Room for Further Improvements in Inkjet Coding
- The Future of Inkjet Coders
- Thermal Inkjet: Extended Application Scope Aids Growth
- Addressing Ink-related Obstacles of High-Speed Coding for Primary Packaging
- Replacement of Analog Systems with Digital Products to Present Growth for Coding and Marking Market
- Digital Labeling and Smart Labels Enable Efficient Tracking of Products
- Coding and Marking Systems with Advanced Software Make Gains
- Food and Beverages: The Key End-Use Market for Coding and Marking Systems
- Evolving Technologies Assist Food Companies to Prevent Food Contamination and Counterfeiting
- Coding and Marking Becomes Critical Importance in Dairy Packaging
- Rising Prominence of Coding and Marking Technologies for Bakery Sector
- Coding and Marking Technologies Address Challenges Confronting the Bakery Industry
- TTO Technology Holds an Edge in Bakery Sector
- Coding of Salty Snacks Packaging
- Coding and Marking Gain Precedence in Confectionery Packaging
- Advanced Coding and Marking Systems for Meat Packaging
- Coding Systems Vendors Sense Potential Opportunities in Egg Coding Segment
- Innovative Coding Technologies for Ready-Meal Products
- Emergence of Food-Grade Inks for Direct Printing on Food
- Beverage Companies Leverage Coding and Marking to Augment Supply Chain Management
- Serialization Requirements Put Focus on Effective Coding in the Pharmaceutical Sector
- Legislations to Accelerate Demand for Medical Coding Systems
- Labeling & Serialization Equipment Benefit from Increased Focus on Preventing Counterfeiting of Drugs
- Most Widely Counterfeited Pharmaceuticals Worldwide: Percentage Share of Value of Fake Drugs Seized
- Major Coding Trends in the Pharmaceutical Space
- Coding and Marking Technologies for Pharmaceutical Sector
- Laser Systems Gain Traction in Coding Pharmaceutical HDPE Packaging
- TIJ Printers Make a Cut in Pharmaceutical Porous Material Packaging
- Pharmaceutical Companies Prefer Innovative Inks with Superior Water Fastness
- Laser Marking Method Emerges to Address Medical Device Challenges
- Automakers Leverage Coding and Marking for Improving Assembly Line Efficiency
- Growing Sales of Electronics and Electrical Systems Drive Need for Coding and Marking Systems
- Pandemic Disrupts Electronics & Electrical Manufacturing Activity, Influencing Coding & Marking Market Growth
- Cosmetics Manufacturers Rely on Coding and Marking to Improve Product Image
- Need for Transparency in Cosmetic Products to Fuel Demand for Coding and Marking
- Construction Materials Manufacturers Rely on Coding Technologies to Improve Product Efficiency and Security
- Automated Traceability Advances Steel Tube and Pipe Industry
- Surge in E-Commerce Sales Presents Growth for Coding and Marking Market
- Regulatory Legislations and Industry Standards Underpin Sales Growth
- High System Cost and Rising Raw Material Prices Challenge Market Growth
FOCUS ON SELECT PLAYERS (Total 113 Featured)
- ATD Ltd
- Diagraph Corporation
- Domino Printing Sciences plc
- Hitachi Industrial Equipment Systems Co, Ltd.
- Iconotech
- InkJet, Inc.
- Linx Printing Technologies Ltd
- Markem-Imaje SAS
- Matthews Marking Systems
- Paul Leibinger GmbH & Co. KG
- ProMach, Inc.
- Greydon
- ID Technology, LLC
- REA Elektronik GmbH
- SATO America
- Universal Labeling Systems, Inc.
- Videojet Technologies, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/g1kidz
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