DUBLIN--(BUSINESS WIRE)--The "Global Coding and Marking Market Size, Share, Development, Growth and Demand Forecast to 2023" report has been added to Research and Markets' offering.
The global coding and marking market is expected to witness a CAGR of 9.4% during the forecast period, to reach $5,310.5 million by 2023.
Coding and marking for food and beverages is expected to dominate the market during the forecast period. Continuous inkjet printer has been the largest contributor in the market and is expected to grow at a highest CAGR during the forecast period.
Asia-Pacific and Europe collectively accounted for more than 70% in the global coding and marking market in 2016, owing to rising demand from the food and beverage, pharmaceutical and cosmetic industries. .
Globalization has raised the exports and import of coding and marking machines worldwide. Globalization in the packaging industry has benefitted all the stakeholders of the supply chain. Major players are shifting their manufacturing base to different countries to expand their presence globally.
The rising demand from the food and beverage, pharmaceutical and cosmetic industries are one of the primary factors driving the market. These industries capture major market mainly due to high demand at the customers' end. The change in the lifestyle is directly impacting the buying decisions of the customers.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Market Size And Forecast, By Technology
6. Market Size And Forecast, By End-Use
7. Market Size And Forecast, By Geography
8. Company Profiles
- Danaher Corporation
- Atd Marking Systems
- Id Technology, Llc.
- Inkjet, Inc.
- Hitachi Industrial Equipment Systems Co., Ltd.
- Dover Corporation
- Illinois Tool Works, Inc.
- Matthews International Corporation
- Domino Printing Sciences Plc.
- Overprint Packaging Ltd.
Global Strategic Developments
For more information about this report visit https://www.researchandmarkets.com/research/7nkll4/global_coding_and