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Inkjet Coders - Global Strategic Business Report

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    Report

  • 93 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303402
The global market for Inkjet Coders was estimated at US$2.0 Billion in 2023 and is projected to reach US$3.1 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.

Global Inkjet Coders Market - Key Trends and Drivers Summarized

Why Are Inkjet Coders Essential in Product Identification and Packaging?

Inkjet coders are widely used in industries such as food & beverage, pharmaceuticals, and consumer goods to apply product information, such as barcodes, batch numbers, expiration dates, and logos, directly onto packaging. This technology allows manufacturers to print high-quality, legible codes on a wide range of surfaces, including plastic, glass, metal, and cardboard, making it a critical tool for product identification and traceability. Inkjet coders are known for their speed, flexibility, and cost-effectiveness, allowing businesses to maintain production line efficiency while ensuring compliance with labeling and regulatory requirements. With increasing demands for traceability and consumer information, inkjet coders have become a vital component of modern manufacturing and packaging processes.

How Are Technological Advancements Shaping the Inkjet Coders Market?

Technological advancements are significantly enhancing the performance and capabilities of inkjet coders, making them more reliable, versatile, and efficient. Innovations in printhead technology are improving print quality, allowing for more precise and detailed coding, even at high speeds. The development of environmentally friendly inks, such as water-based and UV-curable inks, is addressing environmental concerns and expanding the range of materials that can be coded. Additionally, the integration of inkjet coders with smart manufacturing systems, such as IoT-enabled devices and automated production lines, is enabling real-time monitoring and control of coding processes. These advancements are helping manufacturers meet the growing demands for product traceability, quality assurance, and regulatory compliance in an increasingly competitive marketplace.

How Do Market Segments Define the Growth of the Inkjet Coders Market?

Types of inkjet coders include continuous inkjet (CIJ) and drop-on-demand (DOD) systems, with CIJ coders leading the market due to their ability to operate continuously at high speeds, making them ideal for large-scale production environments. Technologies used in inkjet coders include thermal inkjet (TIJ) and piezoelectric technology, with TIJ gaining popularity in sectors requiring high-resolution printing on various substrates. End-use industries for inkjet coders include food & beverage, pharmaceuticals, consumer goods, and electronics, with the food & beverage industry driving the most significant demand due to strict labeling and traceability requirements. The market is expanding rapidly in regions such as Asia-Pacific, where industrialization and regulatory enforcement are increasing.

What Factors Are Driving the Growth in the Inkjet Coders Market?

The growth in the inkjet coders market is driven by several factors, including the rising need for product traceability, advancements in coding technology, and the increasing adoption of smart manufacturing practices. As regulatory agencies across the globe enforce stricter labeling requirements, manufacturers are turning to inkjet coders to ensure compliance and improve product traceability. Technological innovations, such as high-resolution printing and the development of eco-friendly inks, are expanding the range of applications for inkjet coders across various industries. The growing integration of coding systems with automated production lines and IoT-enabled devices is also contributing to market growth, as businesses seek to improve operational efficiency and quality control. Furthermore, the expanding food & beverage and pharmaceutical industries, which require precise and reliable coding solutions, are driving demand for inkjet coders globally.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the CIJ Inkjet Coder segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 6.7%. The DOD Inkjet Coder segment is also set to grow at 6.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $529.4 Million in 2023, and China, forecasted to grow at an impressive 9.4% CAGR to reach $717.0 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 Inkjet Coders 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 Inkjet Coders 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 Inkjet Coders 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 in the Inkjet Coders market such as Anser Coding Inc, Diagraph, Domino Printing Sciences plc, Hitachi Industrial Equipment Systems Co., Ltd, ID Technology, LLC and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 37 companies featured in this Inkjet Coders market report include:

  • Anser Coding Inc
  • Diagraph
  • Domino Printing Sciences plc
  • Hitachi Industrial Equipment Systems Co., Ltd
  • ID Technology, LLC
  • ITW Diagraph
  • KGK Jet India Private Limited
  • Kiwi Coders Corporation
  • Linx Printing Technologies
  • Markem-Imaje
  • Marsh
  • Media Data Systems Pte Ltd
  • Shanghai Rottweil Handyware Printing Technology Co., Ltd
  • Squid Ink
  • Videojet Technologies Inc
  • Xaar Plc

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Inkjet Coders - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Product Traceability and Serialization Drives Growth in Inkjet Coders Market
  • Technological Advancements in High-Resolution Inkjet Printing Strengthen Business Case for Adoption
  • Expansion of the Food and Beverage Industry Propels Demand for Inkjet Coders in Packaging Applications
  • Growing Use of Inkjet Coding in Pharmaceuticals and Healthcare Expands Addressable Market
  • Rising Adoption of Continuous Inkjet Coders in High-Speed Manufacturing Drives Market Growth
  • Increasing Use of Eco-Friendly and Solvent-Free Inks Expands Market for Sustainable Coding Solutions
  • Technological Innovations in Smart and Connected Inkjet Coders Propel Adoption
  • Rising Focus on Anti-Counterfeiting Measures Spurs Demand for High-Quality Coding and Marking Solutions
  • Expansion of the Automotive and Electronics Sectors Drives Demand for Industrial Coding Technologies
  • Increasing Focus on Digitalization and IoT Integration Strengthens Market for Smart Coding Solutions
  • Growing Use of Inkjet Coders in Batch Coding and Lot Tracking Expands Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Inkjet Coders by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Inkjet Coders by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Inkjet Coders by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for DOD Inkjet Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for DOD Inkjet Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for DOD Inkjet Coder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for TIJ Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for TIJ Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for TIJ Coder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Food by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Packing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Packing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Packing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Cosmetic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Cosmetic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Cosmetic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Automobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Automobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Automobile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Inkjet Coders Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 32: World Recent Past, Current & Future Analysis for CIJ Inkjet Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for CIJ Inkjet Coder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for CIJ Inkjet Coder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Inkjet Coders Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Anser Coding Inc
  • Diagraph
  • Domino Printing Sciences plc
  • Hitachi Industrial Equipment Systems Co., Ltd
  • ID Technology, LLC
  • ITW Diagraph
  • KGK Jet India Private Limited
  • Kiwi Coders Corporation
  • Linx Printing Technologies
  • Markem-Imaje
  • Marsh
  • Media Data Systems Pte Ltd
  • Shanghai Rottweil Handyware Printing Technology Co., Ltd
  • Squid Ink
  • Videojet Technologies Inc
  • Xaar Plc

Table Information