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The coding & marking systems market has been severely affected during the pandemic, due to halted businesses, forced lockdown, and disruption in all the supply chain manufacturing activities across the globe. This threatening pandemic has weakened all manufacturing operations in the coding & marking systems market. With the rapid increase in vaccination drives, manufacturers are recovering from the losses by adopting new trends and technologies in the coding & marking systems market.
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We use cookies for a better user experience. Read our Privacy Policy Agree INSIGHTS INDUSTRY VERTICALS NEWSROOM ABOUT TMR Home Packaging Packaging Coding and Marking System Market Coding and Marking System Market Coding & Marking Systems Market (Technology: Continuous Inkjet [CIJ], Piezo Inkjet [PIJ], Thermal Inkjet [TIJ], Laser Coding, and Others; Application: Primary, Secondary, and Tertiary; and End Use: Food & Beverages, Pharmaceuticals, Construction, Personal & Home Care, Electricals & Electronics, Automotive, Chemical & Fertilizers, and Other End Use) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2029 PackagingTMRGL13412149 Pages Request Sample Enquiry Before Buying Request Brochure Select License Type Report Preview Table of Contents Request Methodology Single User license $5795 Impact of Coronavirus on Coding & Marking Systems Market Multi-User license $8795 The coding & marking systems market has been severely affected during the pandemic, due to halted businesses, forced lockdown, and disruption in all the supply chain manufacturing activities across the globe. This threatening pandemic has weakened all manufacturing operations in the coding & marking systems market. With the rapid increase in vaccination drives, manufacturers are recovering from the losses by adopting new trends and technologies in the coding & marking systems market. Stakeholders in the coding & marking systems market are focusing on providing environment-friendly solutions to fulfill the rising demand from various end-use industries such as food and packaging. Manufacturers are taking efforts to recover from losses due to COVID-19 outbreak and exploring different opportunities to overcome challenges in the coding & marking systems market. Corporate license $11795 Buy Now
COVID- 19 A Global Pandemic Request the coronavirus impact analysis on Coding And Marking System Market Get COVID-19 Analysis Request a sample to get extensive insights into the Coding & Marking Systems Market Laser Coders to Increase Growth Opportunities The laser technology has created incremental growth opportunities for the manufacturers operating in the coding & marking systems market. Digitalization and advancements in technologies are responsible for the popularity of laser coders across the globe. Being lucratively used in medicine and pharmaceutical industries, laser coders also proved to be beneficial for the production of vaccines. Manufacturers from coding and marking systems have upgraded their coding technology to meet the rising demand from various manufacturing industries. Laser marking systems are being widely used to print codes on metal products due to its high-speed and sharp marking features. The increasing demand for laser coders drives the global market during the forecast period. Trending Reports Fiber-reinforced Thermoplastic Tape Market - Global Industry Analysis, Size, To understand how our report can bring difference to your business strategy, Ask for a brochure
Increasing Applications in Various End-use Industries to Boost Market Growth Share, Growth, Trends, and Forecast, 2019 - 2027 Growing applications of coding and marking systems in product identification and traceability in different industries creates value-grab opportunities for market players. Growth and development of pharmaceuticals, food & beverages, construction, automotive, chemical & fertilizers, and electronics industries demand for printing codes on different products and surfaces and this factor is anticipated to boost the coding & marking systems market at the global level. The increasing popularity of coding and marking is due to their high-resolution images, high speed, and clear & precise printing. Many business leaders are adopting such systems to protect their brand identity. For product sustainability, market contributors are using environment-friendly solutions to use in industrial applications. Metal Cans Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Toilet Rolls Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 Increasing Counterfeiting Activities in Automobile Sector Boost Market Growth The automobile industry is gaining momentum after the threatening coronavirus pandemic. The increase in sales of vehicles across the globe has led to rise in production and manufacturing of automotive parts. In addition, the adoption of electric vehicles also fuels the demand for coding and marking systems to avoid the risk of counterfeiting of vehicle parts. The demand for automotive parts for clear marking and coding for the traceability. Automobile manufacturers are focusing on using high-quality marking systems to protect their brand from any fake activities. This factor boosts the demand for high-resolution, permanent coding on automotive parts. Due to increasing applications in the automobile industry, manufacturers in the coding & marking systems market are paving their ways to make use of technology to fulfill the rising demand. Food Paper Tray Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 Thermal Printing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027 Manufacturers Focusing on Food & Beverage Industry for Profitability Coding and marking systems can be increasingly used in food packaging to label the food products. With the increasing need of food quality and safety from all over the world, food manufacturers are using high-resolution coding and marking for labeling the necessary information on the packaged food products. Regulatory guidelines for the food & beverage industry regarding the display and labelling of information create a profitable opportunity for the manufacturers working in the coding & marking systems market. Awareness and adoption of such high-quality codes and marks to print information on food products with high speed and efficiency boost the market growth.
Stuck in a neck-to-neck competition with other brands? Request a custom report on Coding & Marking Systems Market Analysts’ Viewpoint Laser coders and inkjet printers are anticipated to create revenue opportunities for manufacturers in the coding & marking systems market. The rise in the number of fraudulent activities to suppress the brand value and identity in various industries across the globe is likely to augment the coding & marking systems market in the upcoming years. Technological advancements, along with increasing applications in a variety of industries, is also projected to drive the coding & marking systems market over the next few years. However, market stakeholder should focus on providing cost- effective solutions to fulfill the rising demand from industries. Coding & Marking Systems Market: Overview As per the Transparency Market Research’s latest report on coding & marking systems market for the historical period of 2015-2020 and forecasted period of 2021-2029, the global rise in sales of coding & marking systems is directly associated with increased market popularity of products having detailed coding and marking on it Moreover, the coding & marking systems market is anticipated to grow 1.5 times during the forecast period
Surge in Demand for Primary Packaging among End-use Industries to Augment Sales of Continuous Inkjet Printers Continuous inkjet printer is used for printing expiration dates, as well as for numbers, barcodes, and production of information on the primary packaging such as bottles, films, cans, and others. The primary packaging is used majorly by every industry to protect their product and provide proper packaging to their product. The primary packaging provides all the needed information about the product. The increasing primary packaging gives rise to the demand for continuous inkjet printers used for coding and marking. Increase in production of various products gives rise to the requirement of primary packaging, along with the need for codes, barcodes, MRP, dates, and other related information, which need to be printed on the packaging of the product used for coding & marking as well as to provide information to the customer Overall, increasing primary packaging among end-use industries supplements the sales of continuous inkjet printers used for coding and marking purposes on the packaging Increasing Importance of Traceability Procedures in Food & Beverage Industry to Propel Demand for Coding & Marking Systems According to the new FDA regulations announced in 2020, the reporting of some special beverages will push the demand for coding & marking systems. New regulations gave rise to traceability and reporting, which will require codes or marking for tracing purposes. Food companies need to put codes on their products to keep a record of the same due to the rigid standards set by government entities, which bolster the demand for proper coding and marking systems among food industries As per the Center for Disease Control and Prevention (CDC), every year, around 48 million Americans are infected due to foodborne illness. On the back of this factor, food & beverage companies need to provide proper and clear codes or marking on their products. Overall, the propelling need for traceability procedures in the food & beverage industry boosts the demand for coding & marking systems. Emergence of Latest Technology to Boost Demand for Laser Coders Laser coders are the latest technology that emerged in the coding & marking systems. It is used to print codes on metal or metal products and other products. With rise in demand for the latest technology to fulfil the requirement of clients, end-use manufacturers are moving toward laser technology. The laser coder or marking system offer high speed with permanent marking as well as the ability to offer high-resolution logos or codes for protecting the brand. It offers a detailed and sharp marking feature that has a wide application in various end-use industries. End-use industries are launching products with latest technology offering several benefits, which make work faster and easier. Laser coders or marking systems come with latest technology, which is required by various end-use
industries. Overall, with the increasing demand for the latest technology, the demand for laser coders or marking systems is anticipated to create growth opportunities for the coding and marking systems across the globe. Coding & Marking Systems Market: Key Findings Continuous inkjet printers are most demanded coding & marking systems across regions, due to reduced chances of operational errors, and low downtime makes it the most popular as well as cost-effective industrial printing solution among small & large sized end-use industries. In addition, continuous inkjet printers account for almost 43% of coding & marking systems sold across the globe in 2021 and estimated to account for 45% of total sales in 2029. Strict laws regarding the proper marking & coding of consumables, household items and mandatory printing of production as well as expiry date, along with proper traceability of the products makes primary products as most printed application type among all other applications. Trends of how to use and how to store instructions printed on the primary packaging are anticipated to further fuel the sales of coding & marking systems; in addition, during the forecast period, it is estimated to register growth at a CAGR of 6.3%. Recent rise in demand for packaged foods & beverages has resulted in exponential growth in the number of manufacturers engaged in the foodservice industry. Moreover, the evolution of innovative packaging and mandatory requirements for exporting eatables by the international trade regulating bodies makes food & beverages, the most profitable end-use industry for coding & marking systems. The food & beverage end use segment is estimated to offer a lucrative total incremental opportunity of US$ 1.4 Bn between 2021 and 2029. According to the region wise survey, the presence of the toughest regulatory authorities for food & beverage testing in the world, along with that home to some of the largest pharmaceutical manufacturers, makes Europe the largest market for coding & marking systems with more than 37% market share during the upcoming decade. In addition, the presence of key producers of coding & marking systems makes Europe and indicates future expansion. Coding & Marking Systems Market: Competition Landscape According to the research analysts at TMR, the coding & marking systems market is highly fragmented among the global giants and medium & small sized manufacturers. As key players are regarded as industry leaders dominating markets with latest products and competitive prices, the medium sizes players and small manufacturers try to differentiate their coding & marking systems based on additional features and customizations as per requirements of the end-use industry. The industry survey of coding & marking systems includes profiles of key players such as Videojet Technologies, Inc.
Hitachi America, Ltd. Markem-Image Corporation Domino Printing Sciences plc Squid Ink Manufacturing Inc. ATD Ltd TYKMA Electrox, Inc MACSA ID, S.A REA Elektronik GmbH Linx Printing Technologies Ltd RN Mark Inc Control Print Ltd., etc. TMR segmented these players as Tier 1, Tier 2, and Tier 3 according to the segmental revenues of companies. Among these key players, Hitachi America, Ltd. and Videojet Technologies, Inc. are considered Tier 1 players in the coding & marking systems market. Tier 2 players are Markem-Imaje Corporation and Domino Printing Sciences plc. Tier 3 players are Squid Ink Manufacturing Inc., ATD Ltd., MACSA ID, S.A., Linx Printing Technologies Ltd., REA Elektronik GmbH, and other small scale coding & marking system manufacturers. Impact of COVID-19 Pandemic on Coding & Marking Systems Market The sudden outbreak of the COVID-19 virus resulted in discrepancies for all supply chains and manufacturing activities, provincial governments were forced to impose complete lockdown to curb the further spread of the lethal virus Although the production of food and beverages, along with pharmaceutical supplies was permitted under strict guidelines, global sales of coding & marking systems registered negative growth. However, the abovementioned end-use industries, being the largest end user of coding & marking systems, ensure intrinsic growth of the future demand for the same after the pandemic ends. Coding & Marking Systems Market Snapshot Attribute Detail Market Size US$ 6.3 Bn
Value in 2020 (Base Year) Market Forecast Value in 2029 US$ 10.3 Bn Growth (CAGR) Rate 5.5% Forecast Period 2021-2029 Quantitative Units US$ Mn for Value & (000’ Units) for Volume This report represents market dynamics of coding & marking systems and lucrative hotspots of the market. Market Analysis Competition analysis section in the report represents 5 years performance of the key players and strategies implement by them, along with market share of respective companies in the global market. Competition Landscape Format Electronic (PDF) + Excel Market Segmentation Technology Type Continuous Inkjet (CIJ) Piezo Inkjet (PIJ) Thermal Inkjet (TIJ) Laser Coding Others (TTO,VIJ, and Print & Apply Label) Application Primary Secondary Tertiary
End Use Food & Beverage Pharmaceuticals Construction Personal & Homecare Electricals & Electronics Automotive Chemicals & Fertilizers Other End Use Americas Europe Asia Pacific Ex. China Regions Covered China Middle East & Africa Companies Profiled Videojet Technologies, Inc. Hitachi America, Ltd. Markem-Imaje Corporation. Domino Printing Sciences plc. Squid Ink Manufacturing Inc. ATD Ltd. TYKMA Electrox, Inc. MACSA ID, S.A REA Elektronik GmbH Linx Printing Technologies Ltd.
RN Mark Inc. Control Print Ltd. Customization Scope Available upon Request Pricing Available upon Request Coding & Marking Systems Market – Segmentation The coding & marking systems market has been classified on the basis of technology type, application, end use, and region. Each of these segments are analyzed to provide readers with holistic view of the market. Continuous Inkjet (CIJ) Piezo Inkjet (PIJ) Thermal Inkjet (TIJ) Technology Type Laser Coding Others (TTO,VIJ, and Print & Apply Label) Primary Secondary Application Tertiary End Use Food & Beverage Pharmaceuticals Construction Personal & Homecare Electricals & Electronics Automotive
Chemicals & Fertilizers Other End Use Americas Europe Asia Pacific Excl. China Region China Middle East & Africa Frequently Asked Questions What is the study period of Coding and Marking System Market? ❯ What is the projected market size of the Coding and Marking System Market? ❯ What is the projected market growth rate of the Coding and Marking System Market? ❯ What are the segments covered in the Coding and Marking System Market report? ❯ What are the top players operating in the Coding and Marking System Market ❯
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