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Asia-Pacific Coding and Marking Systems Market Development Trends by Size, Share, Growth and Opportunity 2019–2024
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Based on technology, the coding and marking systems market is categorized into continuous inkjet, thermal transfer overprinting, thermal inkjet, drop on demand, print & apply labelers, laser coding & marking, and valve jet & hot melt inkjet, of which continuous inkjet held the largest share in the Asia-Pacific coding and marking systems market.
China is the largest coding and marking systems market as the country is home to a large retail base, manufacturing hub, and growing food and beverage industries, and also the huge investment is witnessing in these industries. India is observed to witness significant growth in the market during the forecast period. Significant growth in the packaging industry (due to the easy availability of raw materials), plays a major role in driving the growth of the Indian coding and marking systems market.
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Some of the major players operating in the Asia-Pacific coding and marking systems market are Danaher Corporation, Dover Corporation, Domino Printing Sciences plc, KGK Marking Technologies Group, Linx Printing Technologies, Control Print Limited, Hitachi Ltd., Matthews International Corporation and ATD Marking Systems.
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