$7.46 Billion Coding and Marking Systems Market - Global Industry Analysis and Demand Forecast to 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Coding and Marking Systems Market Research Report: By Technology, Material, End User - Global Industry Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The global coding and marking systems market is expected to reach a value of $7,469.6 million by 2030, increasing from $3,832.4 million in 2019, progressing at a 6.4% CAGR during the forecast period (2020-2030).

The increasing product application in pharmaceutical and food & beverage industries and rising product demand from the automotive industry, owing to the surging electric vehicles' sales, are resulting in the growth of the market.

Based on technology, the market is divided into laser coding & marking, print & apply labeling, drop on demand, thermal inkjet, thermal transfer overprinting, and continuous inkjet. Out of these, the continuous inkjet division held the major share of the market in 2019, because of the various advantages of this technology, including ability to print characters on various materials and high-speed printing. Moreover, systems can run for long hours and with minimum servicing needs, resulting in cost-effective operations, with the use of this technology.

When material is taken into consideration, the coding and marking systems market is categorized into metal, plastic, and paper & cardboard, among which, the paper & cardboard category is projected to advance at the fastest pace during the forecast period. The increasing utilization of labels on e-commerce packaging and in packaged food products is driving the growth of this category. The rising consumption of packaged food is further driving the adoption of paper and cardboard material, in turn, driving the demand for labels.

Geographically, the coding and marking systems market was led by the Asia-Pacific region in 2019, which is expected to dominate the market during the forecast period as well. The rising production of food, strict government regulations, and increasing export of packaged food items are leading to the growth of the regional industry. Furthermore, the increasing population in APAC is predicted to result in the growth of the food & beverages industry, which will lead to the growing demand for labels.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Currency Conversion Rates

2.6 Assumptions for the Study

2.7 Notes & Caveats

Chapter 3. Executive Summary

Chapter 4. Industry Outlook

4.1 Voice of Industry Experts/KOLs

4.2 Definition of Market Segments

4.2.1 By Technology

4.2.1.1 Continuous inkjet

4.2.1.2 Thermal transfer overprinting

4.2.1.3 Thermal inkjet

4.2.1.4 Drop on demand

4.2.1.5 Print & apply labeling

4.2.1.6 Laser coding & marking

4.2.1.6.1 DPM

4.2.1.6.2 Laser coding

4.2.1.7 Others

4.2.2 By Material

4.2.2.1 Paper & cardboard

4.2.2.2 Plastic

4.2.2.3 Metal

4.2.2.4 Others

4.2.3 By End User

4.2.3.1 Food & beverages

4.2.3.2 Electrical & electronics

4.2.3.3 Automotive & aerospace

4.2.3.4 Chemicals

4.2.3.5 Healthcare

4.2.3.6 Others

4.3 Value Chain Analysis

4.4 Market Dynamics

4.4.1 Trends

4.4.1.1 Emergence of environment-friendly coding technologies

4.4.2 Drivers

4.4.2.1 Growing application of coding and marking systems in food & beverage and pharmaceutical industries

4.4.2.2 Rising demand from automotive industry

4.4.2.3 Impact analysis of drivers on market forecast

4.4.3 Restraints

4.4.3.1 High price of coding and marking machines

4.4.3.2 Impact analysis of restraints on market forecast

4.4.4 Opportunities

4.4.4.1 Stringent government norms to meet industry standards for coding and marking

4.5 Porter's Five Forces Analysis

4.6 Impact of COVID-19

Chapter 5. Global Market Size and Forecast

5.1 By Technology

5.1.1 Laser Coding & Marking, by Technology

5.2 By Material

5.3 By End User

5.4 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape

11.1 Market Share Analysis of Key Players

11.2 Competitive Benchmarking of Key Players

11.3 List of Other Players

11.4 Recent Strategic Developments of Key Players

Chapter 12. Company Profiles

12.1 Business Overview

12.2 Product and Service Offerings

12.3 Key Financial Summary

• Danaher Corporation
• ATD Ltd.
• ID Technology LLC
• Inkjet Inc.
• Hitachi Ltd.
• Dover Corporation
• Diagraph Group
• Matthews International Corporation
• Domino Printing Sciences plc
• Overprint Packaging Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/igkfhw