Marking and Coding Equipment Market Size to be worth US$ 1.8 billion by 2027

The market for marking and coding equipment is anticipated to reach a value of US$ 1.3 billion in 2022 and US$ 1.8 billion in 2027, with a CAGR of 5.6%.

Our research team has completed a market research report named Marking and Coding Equipment Market Size, Share, Growth, Industry Trends, and Projected that shows the industry’s thorough and cooperative analysis of the past, present, and forecast eras. The study analyses the historical growth trends and market situation for marking and coding equipment with a view to providing useful information on forecasted worldwide market expansion. The research provides information on every industry vertical, including market competition, regional reach, and development potential. The following section discusses the market competition for marking and coding equipment.

Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5614The market is estimated to witness a 1.7x increase in revenue from 2017 to 2022. By 2017 end, the global marking and coding equipment market is expected to be valued at around US$ 1 Bn and is projected to reach a value of more than US$ 1.8 Bn by the end of 2027.

The global market is anticipated to reflect a CAGR of 5.6% throughout the period of forecast (2022-2027). The research report on the global marking and coding equipment market reveals the influence of various trends, challenges and drivers on the growth of the global market across key regions namely North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

Global Marking and Coding Equipment Market: Competition Assessment

This fact based research study on the global marking and coding equipment market includes a detailed analysis of various companies participating in the global market such as Hitachi America, Ltd., Videojet Technologies, Inc., Markem-Imaje Corporation, Domino Printing Sciences plc., Interactive Coding Equipment (ICE), TYKMA Electrox, Inc., Squid Ink Manufacturing Inc., ATD Ltd., Open Date Systems, Inc., MACSA ID S.A, RN Mark Inc., Diagraph Corporation, Linx Printing Technologies, Numeric Marking Systems, Control Print Ltd., Durable Technologies, REA Elektronik GmbH, Matthews International Corporation, INKJET, Inc., and KGK Marking Technologies Group.

An in-depth market segmentation has been carried out to cover every angle of the market in order to portray a realistic market scenario. The report reflects historical data, current market scenario as well as future market estimates for a period of 10 years from 2022 till 2027.

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Marking and Coding Equipment Market by Category

By Technology :

  • Continuous  Inkjet (CIJ)
  • Thermal Inkjet (TIJ)
  • Thermal Transfer Overprint (TTO)
  • Laser Coding System
  • Large Character Marking (LCP)
  • Label Print Applicator (LPA)
  • Other Printers

By Application :

  • Flexible Packaging
    • Bags
    • Pouches & Sachets
    • Vacuum / Shrink films
    • Others
  • Rigid Packaging
    • Pipes & Tubes
    • Boxes
    • Bottles & Jars
    • Cans
    • Metal Parts
    • Trays & Clamshells
    • Crates
    • Others

By End-use Industry :

  • Food
  • Beverages
  • Pharmaceuticals
  • Personal & Homecare
  • Electricals & Electronics
  • Automotive
  • Chemical & Fertilizers
  • Building Materials
  • Other Industries

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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