Global Coding And Marking Equipment Market 2024-2028
The coding and marking equipment market is forecasted to grow by USD 1.46 bn during 2023-2028, accelerating at a CAGR of 6.89% during the forecast period. The report on the coding and marking equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for product traceability, increasing demand for packaging, and increasing number of labelling regulations.
Technavio's coding and marking equipment market is segmented as below:
By Product
- CIJ printing and coding
- Laser coding and marking
- PALM
- TTO
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
By End-user
- Food and beverage
- Healthcare
- Industrial
- Automotive and others
This study identifies the deploying of equipment leasing business model as one of the prime reasons driving the coding and marking equipment market growth during the next few years. Also, use of connected technology in coding and marking equipment and increasing demand for eco-friendly links will lead to sizable demand in the market.
The report on the coding and marking equipment market covers the following areas:
- Coding and marking equipment market sizing
- Coding and marking equipment market forecast
- Coding and marking equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading coding and marking equipment market vendors that include ATD UK, BestCode, Brother Industries Ltd., Cyklop International, Danaher Corp., Diagraph, Dover Corp., Engage Technologies Corp., Hitachi Ltd., Illinois Tool Works Inc., Keyence Corp., Matthews International Corp., MULTIVAC Sepp Haggenmuller SE and Co. KG, Overprint Ltd., Paul Leibinger GmbH and Co. KG, Pro Mach Inc., REA Elektronik GmbH, RN Mark Inc., SATO Holdings Corp., and Control Print Ltd.. Also, the coding and marking equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.