The coding and marking systems market is projected to contribute USD 3.4 billion in 2017 and is expected to witness a CAGR of 7.0% during the forecast period 2018-2024. The rapid growth of this market is majorly attributed towards the benefits attained by coding and marking systems such as protection from existing counterfeits in the market. Additionally, during the process of logistics these systems are used for tracking the goods from manufacturing unit till the product is delivered to the end consumer. These codes are also beneficial for the manufacturers in developing brand image, enhancing safety concerns and in providing quality assurance to the consumers.



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On the basis of technology, the global coding and marking systems is segmented into continuous inkjet, thermal inkjet, print & apply labelers, thermal transfer overprinting, laser coding and marking, drop on demand, and valve jet & hot melt inkjet. Among all these segments continuous inkjet coding is extensively being adopted by the business organizations due to its affluence of installation. Furthermore, this technology is further projected to generate the largest revenue during the estimated period and thermal transfer printers are expected to witness the fastest growth during the forecast period.



Also, the North American coding and marking systems market size was valued at USD 800.3 million in 2017. The region is further predicted to observe a CAGR of 7.3% during the forecast period in the global market owing to technological upgradation and enhancing expenditure on research and development activities.



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Globally industry players are leveraging market growth through technological upgradation in coding systems, innovation to adapt with ever-changing market dynamics and becoming more realistic in its approach. Some of the major players operating in the coding and marking systems industry are ATD Marking Systems, Danaher Corporation, Inkjet Inc, ID Technology, Hitachi Ltd, Diagraph Group, Matthews International Corporation, Dover Corporation, Overprint Packaging Ltd., and Domino Printing Sciences plc.



Global Coding and Marking Systems Market Coverage


Technology Insight and Forecast 2014-2024



Continuous inkjet

Thermal inkjet

Print & apply labelers

Thermal transfer overprinting

Laser coding and marking

Drop on demand

Valve jet & hot melt inkjet

End-User Insight and Forecast 2014-2024



Food & beverage

Electrical & electronics

Automotive & aerospace

Chemical

Healthcare

Others

Geographical Segmentation


Coding and Marking Systems Market by Region


North America



U.S.

Canada

Europe



Germany

U.K.

France

Italy

Spain

Netherlands

Rest of Europe

Asia Pacific



Japan

China

India

Indonesia

Thailand

South Korea

Rest of Asia-Pacific

Latin America



Brazil

Mexico

Rest of Latin America

Middle East and Africa



South Africa

Saudi Arabia

Turkey

Rest of Middle East and Africa



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