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Global Coding Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
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Global Coding Equipment Market Revenue Was Valued At 3,712 M USD In 2018
Coding equipment is machine that print production date, barcode, trade mark and other product information on product surfaces and packages.
The global revenue of Coding Equipment market was valued at 3,712 M USD in 2018 and is expected to reach USD 4,976 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 4.26%.
Asia-Pacific has the largest global export quantity and manufacturers in Coding Equipment market, while the Europe is the second sales volume market for Coding Equipment in 2018.
In the industry, Han's Laser profits most in 2018 and recent years, while Danaher and Brother ranked 2 and 3.The market share of them is 17.95%, 13.64% and 6.71% in 2018.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Coding Equipment, including CIJ, TIJ, TTO, Laser and Other. And CIJ is the main type for Coding Equipment, and the CIJ reached a sales volume of approximately 165.63 K Unit in 2018, with 34.55% of global sales volume.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
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