Coding and Marking Systems Market, Size, Share and Forecast to 2024 | ATD Marking Systems, Danaher Corporation, Inkjet Inc etc.

The rapid growth of coding and marking systems market is majorly attributed to the benefits attained by coding and marking systems such as protection from existing counterfeits in the market. Additionally, during the process of logistics, these systems are used for tracking the goods from manufacturing unit until the product is delivered to the end consumer.

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Coding and marking systems are extensively being used to print various details regarding a particular product such as manufacturing date, lot size, product-specific details, and expiry details and other related details as listed by the government authorities in various developing as well as the developed economy.

Europe is the second largest revenue holder in this market after North America. Moreover, Asia-Pacific is expected to witness the fastest growth in this market owing to the rapid upsurge of food and beverage industry, increasing demand for packaged products and implementation of several stringent rules portrayed by the government agencies in various countries of this region.

Globally industry players are leveraging market growth through technological upgradation in coding systems, innovation to adapt with ever-changing market dynamics and becoming more realistic in its approach.

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Some of the major players operating in the coding and marking systems industry are ATD Marking Systems, Danaher Corporation, Inkjet Inc, ID Technology, Hitachi Ltd, Diagraph Group, Matthews International Corporation, Dover Corporation, Overprint Packaging Ltd., and Domino Printing Sciences plc.

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