Press release
The global coding and marking market is likely to reach $6 billion by 2022
The global coding and marking market is likely to reach $6 billion by 2022, growing at CAGR of 6.25% during the forecast period. The overall market growth is highly correlated to the growth of the global packaging industry. Since the global packaging industry is growing at a steady rate of approximately 5% annually, the global market is also experiencing high growth.View Report: Coding and Marking Market - Global Outlook and Forecast 2017 - 2022
https://www.arizton.com/reports/logistics-packaging/coding-and-marking-market
Major vendors profiled in the report are as following:
Brother Industries
Danaher
Dover
Hitachi
ITW
Other prominent vendors in the market include Control Print, ID Technology, Iconotech, Inkjet,Keyence, Macsa, Matthews International, Paul Leibinger, SATO Holdings, Squid Ink, Universal Labeling Systems, Weber Marking Systems, and Xaar.
The report considers the present scenario of the global coding and marking market and includes a detailed study of growth drivers, trends, and restraints. It also profiles the leading vendors in the market and other key vendors.
The sale of major coding and marking equipment vendors was aggregated to arrive at an estimate of the market size in terms of volume. The same approach is used to calculate the market size in terms of revenue. An estimated 85–90% of the equipment providers’ capacities are mapped and considered in the calculations.
The report takes into consideration the sale of coding and marking and spares to the first-time buyers from various end-user segments, including individuals, hospitals, medical centers, and commercial clients. The sale was considered across various sales channels, including direct sales – online and offline.
The report provides the analysis of the key segments of the market by technology, end-user, geography, country, and vendors. It also provides a detailed analysis of the market size and revenue forecast. It provides the detailed market revenue of each segment such as
Technology Type
Continuous Ink Jet Printer (CIJ)
LASER
Piezo Ink Jet Printer (PIEZO)
Print and Apply Labelling Products (PALM)
Thermal Ink Jet Printer (TIJ)
Thermal Transfer Overprinting Printer (TTO)
Valve Jet Printer (VIJ)
End Users
Food and beverage
Healthcare
Electricals and electronics
Chemicals and constructions
Others
Major Geography
APAC
Eastern Europe and Central Europe
Latin America
MEA
North America
Western Europe
Key Countries
Argentina
Brazil
Canada
China
France
Germany
India
Japan
Mexico
UK
US
Inkjet technology to dominate the market
The laser and TIJ coding and marking technology segments are expected to gain the market share during the forecast period. Inkjet technology to constitute almost 40% of the global market share in 2022. The CIJ segment is likely to lose its market share marginally to other technologies during the forecast period. However, these can be overcome due to its easy availability and high penetration within the market.
The food and beverage segment will continue to hold the largest share of the market (50.71%) till 2022. It will be followed by the healthcare segment.
View Report: Coding and Marking Market - Global Outlook and Forecast 2017 - 2022
https://www.arizton.com/reports/logistics-packaging/coding-and-marking-market
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About Arizton
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864
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