Feb 4, 2019
According to Stratistics MRC, the Global Coding and Marking Market is accounted for $4.62 billion in 2017 and is expected to reach $9.29 billion by 2026 growing at a CAGR of 8.1% during the forecast period.

Gaithersburg, Maryland, United States - February 4, 2019 /MarketersMedia/ —
According to Stratistics MRC, the Global Coding and Marking Market is accounted for $4.62 billion in 2017 and is expected to reach $9.29 billion by 2026 growing at a CAGR of 8.1% during the forecast period. Some of the key factors such as increased need for product identification and brand protection, high demand for fast-moving consumer goods (FMCG) and growing demand from food and beverages industry are boosting the market growth. However, availability of counterfeit coding equipment & inks and increased raw material prices are restraining the market growth.
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Coding and Marking is the method of printing various information and data on different surfaces. Coding and marking equipment is used to print on products to communicate credible data to clients and manufacturers about the product. Coding includes the printing of manufacturing dates, expiry dates and the size of the packaged lot among other details. These reduce the risk of counterfeiting and protect the brand image among end-users. These codes and markings help ensure traceability and safety of the product and mitigate counterfeiting.
Based on Technology, the Primary Package Coding segment accounted for considerable market share during the forecast period due to the Continuous Inkjet (CIJ) technology which has quick dry nature and is easy to install & user-friendly. By Geography, Asia Pacific held the largest market share due to strict government regulations, high demand from food & beverage and growing export of packaged food items.
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Some of the key players profiled in the Coding and Marking market include Brother Industries, Danaher, Hitachi Industrial Equipment Systems, Dover, Illinois Tool Works, ID Technology, LLC, Control Print, ID Technology, Guangzhou EC-Pack Packaging Equipment, Beijing Hi-Pack Coding, Matthews International, Weber Marking Systems, Zanasi, Squid Ink and InkJet.
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Products Covered:
• Consumables
• Spare Parts and Aftermarket
• Equipment
Materials Covered:
• Plastics
• Paper & Cardboard
Material Colors Covered:
• White
• Brown
• Other Material colors
Technologies Covered:
• Secondary and Tertiary Packaging Coding
• Primary Package Coding
Applications Covered:
• Product Coding
• Barcode-Label Printing
• Case Coding
• Pallet Coding
End Users Covered:
• Electronics, Instruments & Machinery
• Chemicals & Construction
• Consumer Products
• Healthcare & Pharmaceuticals
• Automotive & Aerospace
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
Source: MarketersMedia
Release ID: 478603
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