The global market for Coding and Marking Systems and Solutions is estimated at US$4.1 Billion in 2023 and is projected to reach US$6.3 Billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the coding and marking systems and solutions market is driven by several factors. The increasing need for product traceability and regulatory compliance across various industries is a significant driver. The growth outlook is significantly impacted by the outlook in the retail sector and the level of demand in the key end-use sectors such as food and beverage, cosmetic, chemical, pharmaceutical, and construction and building material among others. Increasing use of coding and marking systems for printing of batch numbers, government identification codes, and printing labels among others on both primary and secondary packaging materials in industries such as automotive, healthcare, chemical, construction, semiconductor and electronics, and food and beverage among others presents considerable opportunities for growth. Stringent regulations in the food, beverage, and pharmaceutical sectors mandate detailed and accurate labeling, which fuels the demand for advanced coding and marking solutions. Technological advancements in printing and marking technologies, such as high-resolution and high-speed systems, are attracting manufacturers seeking to enhance their production capabilities. The rise of smart manufacturing and Industry 4.0 initiatives is also contributing to market growth, as companies invest in integrated and automated solutions to improve efficiency and data management. Furthermore, the expansion of global supply chains and the growing importance of anti-counterfeiting measures are bolstering the adoption of sophisticated coding and marking technologies. These factors, combined with continuous innovation and the development of eco-friendly options, are expected to drive sustained growth in the coding and marking systems and solutions market in the coming years.
The growth in the coding and marking systems and solutions market is driven by several factors. The increasing need for product traceability and regulatory compliance across various industries is a significant driver. The growth outlook is significantly impacted by the outlook in the retail sector and the level of demand in the key end-use sectors such as food and beverage, cosmetic, chemical, pharmaceutical, and construction and building material among others. Increasing use of coding and marking systems for printing of batch numbers, government identification codes, and printing labels among others on both primary and secondary packaging materials in industries such as automotive, healthcare, chemical, construction, semiconductor and electronics, and food and beverage among others presents considerable opportunities for growth. Stringent regulations in the food, beverage, and pharmaceutical sectors mandate detailed and accurate labeling, which fuels the demand for advanced coding and marking solutions. Technological advancements in printing and marking technologies, such as high-resolution and high-speed systems, are attracting manufacturers seeking to enhance their production capabilities. The rise of smart manufacturing and Industry 4.0 initiatives is also contributing to market growth, as companies invest in integrated and automated solutions to improve efficiency and data management. Furthermore, the expansion of global supply chains and the growing importance of anti-counterfeiting measures are bolstering the adoption of sophisticated coding and marking technologies. These factors, combined with continuous innovation and the development of eco-friendly options, are expected to drive sustained growth in the coding and marking systems and solutions market in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Continuous Inkjet Technology segment, which is expected to reach US$2.3 Billion by 2030 with a CAGR of a 4.9%. The Laser Technology segment is also set to grow at 8.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $819.9 Million in 2023, and China, forecasted to grow at an impressive 7.9% CAGR to reach $922.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Coding and Marking Systems and Solutions Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Coding and Marking Systems and Solutions Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Coding and Marking Systems and Solutions Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Canon, Inc., Agfa-Gevaert NV, Brother Industries Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 113 Featured):
- Canon, Inc.
- Agfa-Gevaert NV
- Brother Industries Ltd.
- FUJIFILM Holdings Corporation
- Konica Minolta, Inc.
- Electronics For Imaging, Inc.
- KEYENCE Corporation of America
- Domino Printing Sciences PLC
- Atlantic Zeiser GmbH
- Durst Phototechnik AG
- FoxJet an ITW Company
- Gem Gravure
- ATD Ltd.
- Control Micro Systems (CMS)
- Inca Digital Printers Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Canon, Inc.
- Agfa-Gevaert NV
- Brother Industries Ltd.
- FUJIFILM Holdings Corporation
- Konica Minolta, Inc.
- Electronics For Imaging, Inc.
- KEYENCE Corporation of America
- Domino Printing Sciences PLC
- Atlantic Zeiser GmbH
- Durst Phototechnik AG
- FoxJet an ITW Company
- Gem Gravure
- ATD Ltd.
- Control Micro Systems (CMS)
- Inca Digital Printers Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 486 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 4.1 Billion |
Forecasted Market Value ( USD | $ 6.3 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |