Press release
China is Expected to Emerge as One of the Largest Coding and Marking Market in the World
In 2016, APAC dominated the coding and marking market and accounted for 29.41% of the shareThe coding and marking market in APAC is likely to post a CAGR of more than 7% during the period 2016–2022
A recent report released by Beige Market Intelligence titled “Global Coding and Marking Market – Strategic Assessment and Forecast 2017–2022”, provides a detailed analysis of the global coding and marking market. The 139-pager report includes a detailed study of the market in terms of technology, end-user, geography, country, and vendors. It also provides a comprehensive analysis of the market size and revenue forecast.
View Report Details: http://www.beigemarketintelligence.com/reports/research-report-packaging-market/coding-and-marking-market-2022/
The global coding and marking market is diversified across North America, APAC, Europe, Latin America, and MEA. In 2016, APAC dominated the market and was followed by North America and Western Europe.
Analysts at Beige Market Intelligence expect that the coding and marking market in APAC is likely to witness a rapid growth due to the high demand for marking and coding equipment in various end-user industries during the forecast period. Further, with the onset of innovative flexible packaging designs in Japan, South Korea, China, Indonesia, and India, the demand for marking and coding services is directly leading to the growth of the market.
View Report Details: http://www.beigemarketintelligence.com/reports/research-report-packaging-market/coding-and-marking-market-2022/
APAC Is Fastest Growing Region
Measures for the development of new standards in the region have driven the rapid growth of the market. The packaging and labeling regulations in China have mandated all products must have Chinese labels and the country of origin imprinted on them. Also, the packaging industry in the respective regions is thriving. There is also an onset of innovative flexible packaging designs in Japan, South Korea, China, Indonesia, and India, which is expected to lead the growth of coding and marking market.
The growth of urban population and the development of the retail infrastructure have also boasted the expansion of the coding and marking market in APAC. The retail sector is driving manufacturing industries, which, in turn, is dependent on coding and marking systems. China, Japan, and India are the three leading countries contributing the highest market size in the APAC region.
Click To View Report Details: Global Coding and Marking Market Strategic Assessment and Forecast 2017-2022
http://www.beigemarketintelligence.com/reports/research-report-packaging-market/coding-and-marking-market-2022/
Coding and Marking Market in China
China is expected to emerge as one of the largest markets for marking and coding equipment in the world and offers a high growth potential for market growth during the forecast period. The market in China is fueled by commoditization of various low-cost brands of marking and coding equipment offered by local vendors in China.
For More Information, Order a Sample: http://www.beigemarketintelligence.com/contactus/request-sample/
Source Link: http://www.beigemarketintelligence.com/news/press-releases/china-expected-emerge-one-largest-coding-marking-market-world/
About Beige Market Intelligence
Beige Market Intelligence provides competitive and insightful business intelligence across various industry verticals. Our expertise and knowledge ensures that the analysis provided is comprehensive, detailed, and complete. The analysis helps our client organizations to make insightful decisions and devise innovative marketing strategies for their businesses. The actionable insights delivered through our research reports provide a comprehensive market analysis at every level of market segmentation in the industry.
Our team of experts ensure the analysis is not just analyzed and presented but also customized depending upon the client’s requirement. When it comes to competitive intelligence, we ensure our clients do not look beyond us.
Our employment base is spread across the globe. Our analysts come with a wide industry experience, which includes understanding the client's requirement and delivering high-quality research reports.
Beige Market Intelligence
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Mail: contactus@beigemarketintelligence.com
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