Global Inkjet Coders Market Size, Share & Industry Trends Analysis Report By Type (CIJ Coder, Drop on Demand (DOD), TIJ Coder and Others), By Application, By Regional Outlook and Forecast, 2023 - 2029

Global Inkjet Coders Market Size, Share & Industry Trends Analysis Report By Type (CIJ Coder, Drop on Demand (DOD), TIJ Coder and Others), By Application, By Regional Outlook and Forecast, 2023 - 2029


The Global Inkjet Coders Market size is expected to reach $2.6 billion by 2029, rising at a market growth of 5.3% CAGR during the forecast period.

A wide variety of objects can be marked and coded using inkjet technology, which is dependable and economical. The packaging business is the one that most frequently employs inkjet coders to distinguish products. These non-contact printing coders can create dates and batch numbers and time any information to a range of packaging products such as cartons, containers, labels, etc. Inkjet coders are utilized for marking purposes in various industries, including personal care, automotive, food & beverage, pharmaceutical, and electronics.

Inkjet coders are less expensive but require more maintenance, whereas laser coders are expensive but require little maintenance. For affordable color printing, inkjet coders are suggested because they are affordable. Laser coders can replace inkjet coders. Different chambers with various colors of ink make up inkjet coders.

The three inkjet technologies utilized in the packaging sector for coding applications are Continuous Inkjet (CIJ), Drop on Demand (DOD), and Thermal Inkjet (TIJ). The drop-on-demand printing method employs aqueous or UV-curable inks to print on various goods; it has several chambers holding ink. A reliable and non-contact form of coding is a continuous inkjet. On various main packaging, CIJ coders' small characters produce expiration dates, graphics, lot codes, and bar codes.

In contrast, their huge characters produce the same for secondary packagings, such as cartons. Utilizing print cartridges are thermal inkjet coders. High-speed coding for serialized data is used in these devices, which have several tiny electrically heated chambers that can be operated via a flex circuit. In addition, high-grade two-dimensional symbologies, like DataMatrix codes, are frequently produced using (TIJ) technology. Typically, TIJ coders work in sectors like medicines, tobacco, health, and cosmetics.

COVID-19 Impact Analysis

The market for inkjet coders has grown more slowly due to the widespread transmission of the coronavirus disease. Additionally, many enterprises globally were brought to a standstill due to COVID-19. COVID-19 has had a detrimental impact on the inkjet market, but the market will rebound if useful business growth plans are adopted. The fast expansion of the food & beverage, pharmaceutical, and protective equipment industries is also a major factor in the market for inkjet coders. In pandemics, several important market actors have stepped forward to address the problems caused by the COVID-19 pandemic.

Market Growth Factors

Growing need of label printing in pharmaceutical industries

The label must contain the name and address of the maker, packer, or distributor. It must also come with proper usage instructions that outline the conditions and objectives, the dosage, the timing, and the administration route for the medicine. Generally, the exterior packaging and the interior container must display the drug's expiration date. Label statements should also be displayed prominently and clearly. The lot number, often known as the batch number on the label, should provide the item's complete production history. The increased use of label printing in medicines is expected to promote market expansion.

Grown demand for products with detailed labels and packaging

Manufacturers of coding and marking systems have a good opportunity due to regulatory regulations for the food & beverage sector addressing information display or labeling. The industry expands due to the acceptability and knowledge of such high-quality codes & marks for swiftly and effectively printing information on food products. Manufacturers in the high-speed, high-output beverage industry are coping with evolving consumer behavior that may affect operational effectiveness. PET bottles are gradually being replaced by bottles made of other materials, like completely recyclable aluminum. This is estimated to raise the need for inkjet coders amongst industry verticals.

Market Restraining Factors

Require high maintenance and high cost of ink refills

Inkjet coders need frequent maintenance since the printheads have to be periodically cleaned. The amount of usage a person makes of the printer also affects how frequently this task needs to be done, although even if it is only used occasionally, the printheads still need to be cleaned around every three months. As a result, using an inkjet coder can be more expensive, especially if the business needs to regularly print a lot. In addition, it costs money to reload inkjet coders. Inkjet cartridges may be quite expensive, with good cartridges for a respectable printer costing almost as much as the machine. Therefore, these factors are projected to slow down the market's expansion for inkjet coders throughout the upcoming years.

Type Outlook

Based on type, the inkjet coders market is characterized into CIJ coder, DOD Inkjet coder, TIJ coder, and others. The DOD inkjet coder segment covered a considerable revenue share in the inkjet coders market in 2022. This expansion is attributed to the advantages in terms of functionality, less downtime from fewer moving parts, and flexibility, which allows liquid to be ejected from the printer only when a drop is needed. Large character code is required for printing on porous materials like corrugated metal, boxes, varnished cartons, wood, and other porous materials; hence these printers are typically employed for those tasks.

Application Outlook

On the basis of application, the inkjet coders market is classified into food industry, medical application, cosmetic industry, automobile industry, pipes, wires, & cables, packing industry, and others. The medical application segment projected a prominent revenue share in the inkjet coders market in 2022. Inkjet printers are commonly used in the medical sector to print on surfaces of medical devices that demand high durability and accuracy. The exterior of medical equipment can be printed with codes using the inkjet coder. The printed code enables users to properly operate an electrical stimulation tool, an ultrasound machine, and other patient care equipment.

Regional Outlook

Region wise, the inkjet coders market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region led the inkjet coders market by generating the inkjet coders market. The dominance may be due to the existence of sizable manufacturing sectors across the many industrial verticals. In addition, the region is witnessing significant developments in the healthcare and medical technology industry which is further predicted to raise the demand for inkjet coders.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Markem-Imaje (Dover Corporation), ANSER CODING INC., ITW Diagraph (Illinois Tool Works), KGK Jet India Private Limited (KGK Jet), Kiwi Coders Corporation, Linx Printing Technologies (Danaher Corporation), Shanghai Rottweil Handyware Printing Technology Co., Ltd, Squid Ink Manufacturing, Inc. (Engage Technologies Corporation), Xaar plc and ID Technology LLC (ProMach Inc.).

Strategies deployed in Inkjet Coders Market

Dec-2022: Xaar Plc expanded its business by opening a state-of-the-art inkjet printing laboratory in Shenzhen, China. This expansion aims to offer a variety of services to Xaar's customers and partners in China, including scientific research institutions in various categories like waveform adjustments for new applications, solution development, sample printing, etc. This expansion would help the company to partner with local electronics companies, which in turn would increase the company's coordination across the industry supply chain.

Nov-2022: Xaar Plc released its new printhead named Xaar Aquinox. This product is part of Xaar’s ImagineX platform and is based on aQ power technology which makes it capable of coping with an extended working range of pH levels using water-capable materials. Along with this the product also comes with increased nozzle open time, energy efficiency, and improved print quality.

Apr-2022: Markem-Imaje (MI) introduced its new hybrid coder named 9750+ continuous inkjet (CIJ). This new product would help the customers by reducing their inventory needs of inks and pigments and by cutting their costs. It provides flexibility to deliver premium legibility and permanence color contrasted codes with the help of pigments and dyes along with the standard dark ones.

Mar-2022: Xaar acquired Megnajet, a company engaged in designing and manufacturing industrial ink management along with supply systems for digital inkjet. This acquisition would provide more integration across inkjet solutions with a more accessible printing ecosystem to customers of Xaar specifically User Developer Integrators (UDIs), which would shorten their time to market and decrease the development time.

Jan-2022: Markem-Imaje released its new touch Dry high-resolution inkjet coder named 5940 G in North America. The printer provides high resolution, label-free, branding and text on packages along with grade C or better level of print.

Sep-2021: Xaar Plc launched its new printhead named Xaar Irix, which comes in two different variants core and Pro respectively, the core variant is based on solvent-based inks and the pro variant is more focused on print quality. The product is powered by the company’s ImagineX platform and is designed to be lightweight, easy to use with a compact footprint.

Oct-2020: Markem-Imaje took over Solaris Laser S.A., a provider and supplier of advanced fiber, ultraviolet, and CO2 laser systems used for product marking and coding in industrial and packaging applications across a broad range of end markets. This acquisition would enhance Markem-Imaje’s laser technology product line which would lead to better completion of the growing customer demand for laser coding technologies.

Scope of the Study

Market Segments covered in the Report:

By Type

CIJ Coder
Drop on Demand (DOD)
TIJ Coder
Others
By Application

Food Industry
Medical Application
Packing Industry
Cosmetic Industry
Automobile Industry
Pipes, Wires, & Cables
Others
By Geography

North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Companies Profiled

Markem-Imaje (Dover Corporation)
ANSER CODING INC.
ITW Diagraph (Illinois Tool Works)
KGK Jet India Private Limited (KGK Jet)
Kiwi Coders Corporation
Linx Printing Technologies (Danaher Corporation)
Shanghai Rottweil Handyware Printing Technology Co., Ltd
Squid Ink Manufacturing, Inc. (Engage Technologies Corporation)
Xaar plc
ID Technology LLC (ProMach Inc.)
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Chapter
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Inkjet Coders Market, by Type
1.4.2 Global Inkjet Coders Market, by Application
1.4.3 Global Inkjet Coders Market, by Geography
1.5 Methodology for the research
Chapter
2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter
3. Strategies deployed in Inkjet Coders Market
Chapter
4. Global Inkjet Coders Market by Type
4.1 Global CIJ Coder Market by Region
4.2 Global Drop on Demand (DOD) Market by Region
4.3 Global TIJ Coder Market by Region
4.4 Global Others Market by Region
Chapter
5. Global Inkjet Coders Market by Application
5.1 Global Food Industry Market by Region
5.2 Global Medical Application Market by Region
5.3 Global Packing Industry Market by Region
5.4 Global Cosmetic Industry Market by Region
5.5 Global Automobile Industry Market by Region
5.6 Global Pipes, Wires, & Cables Market by Region
5.7 Global Others Market by Region
Chapter
6. Global Inkjet Coders Market by Region
6.1 North America Inkjet Coders Market
6.1.1 North America Inkjet Coders Market by Type
6.1.1.1 North America CIJ Coder Market by Country
6.1.1.2 North America Drop on Demand (DOD) Market by Country
6.1.1.3 North America TIJ Coder Market by Country
6.1.1.4 North America Others Market by Country
6.1.2 North America Inkjet Coders Market by Application
6.1.2.1 North America Food Industry Market by Country
6.1.2.2 North America Medical Application Market by Country
6.1.2.3 North America Packing Industry Market by Country
6.1.3 North America Cosmetic Industry Market by Country
6.1.3.1 North America Automobile Industry Market by Country
6.1.3.2 North America Pipes, Wires, & Cables Market by Country
6.1.3.3 North America Others Market by Country
6.1.4 North America Inkjet Coders Market by Country
6.1.4.1 US Inkjet Coders Market
6.1.4.1.1 US Inkjet Coders Market by Type
6.1.4.1.2 US Inkjet Coders Market by Application
6.1.4.2 Canada Inkjet Coders Market
6.1.4.2.1 Canada Inkjet Coders Market by Type
6.1.4.2.2 Canada Inkjet Coders Market by Application
6.1.4.3 Mexico Inkjet Coders Market
6.1.4.3.1 Mexico Inkjet Coders Market by Type
6.1.4.3.2 Mexico Inkjet Coders Market by Application
6.1.4.4 Rest of North America Inkjet Coders Market
6.1.4.4.1 Rest of North America Inkjet Coders Market by Type
6.1.4.4.2 Rest of North America Inkjet Coders Market by Application
6.2 Europe Inkjet Coders Market
6.2.1 Europe Inkjet Coders Market by Type
6.2.1.1 Europe CIJ Coder Market by Country
6.2.1.2 Europe Drop on Demand (DOD) Market by Country
6.2.1.3 Europe TIJ Coder Market by Country
6.2.1.4 Europe Others Market by Country
6.2.2 Europe Inkjet Coders Market by Application
6.2.2.1 Europe Food Industry Market by Country
6.2.2.2 Europe Medical Application Market by Country
6.2.2.3 Europe Packing Industry Market by Country
6.2.2.4 Europe Cosmetic Industry Market by Country
6.2.2.5 Europe Automobile Industry Market by Country
6.2.2.6 Europe Pipes, Wires, & Cables Market by Country
6.2.2.7 Europe Others Market by Country
6.2.3 Europe Inkjet Coders Market by Country
6.2.3.1 Germany Inkjet Coders Market
6.2.3.1.1 Germany Inkjet Coders Market by Type
6.2.3.1.2 Germany Inkjet Coders Market by Application
6.2.3.2 UK Inkjet Coders Market
6.2.3.2.1 UK Inkjet Coders Market by Type
6.2.3.2.2 UK Inkjet Coders Market by Application
6.2.3.3 France Inkjet Coders Market
6.2.3.3.1 France Inkjet Coders Market by Type
6.2.3.3.2 France Inkjet Coders Market by Application
6.2.3.4 Russia Inkjet Coders Market
6.2.3.4.1 Russia Inkjet Coders Market by Type
6.2.3.4.2 Russia Inkjet Coders Market by Application
6.2.3.5 Spain Inkjet Coders Market
6.2.3.5.1 Spain Inkjet Coders Market by Type
6.2.3.5.2 Spain Inkjet Coders Market by Application
6.2.3.6 Italy Inkjet Coders Market
6.2.3.6.1 Italy Inkjet Coders Market by Type
6.2.3.6.2 Italy Inkjet Coders Market by Application
6.2.3.7 Rest of Europe Inkjet Coders Market
6.2.3.7.1 Rest of Europe Inkjet Coders Market by Type
6.2.3.7.2 Rest of Europe Inkjet Coders Market by Application
6.3 Asia Pacific Inkjet Coders Market
6.3.1 Asia Pacific Inkjet Coders Market by Type
6.3.1.1 Asia Pacific CIJ Coder Market by Country
6.3.1.2 Asia Pacific Drop on Demand (DOD) Market by Country
6.3.1.3 Asia Pacific TIJ Coder Market by Country
6.3.1.4 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Inkjet Coders Market by Application
6.3.2.1 Asia Pacific Food Industry Market by Country
6.3.2.2 Asia Pacific Medical Application Market by Country
6.3.2.3 Asia Pacific Packing Industry Market by Country
6.3.2.4 Asia Pacific Cosmetic Industry Market by Country
6.3.2.5 Asia Pacific Automobile Industry Market by Country
6.3.2.6 Asia Pacific Pipes, Wires, & Cables Market by Country
6.3.2.7 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Inkjet Coders Market by Country
6.3.3.1 China Inkjet Coders Market
6.3.3.1.1 China Inkjet Coders Market by Type
6.3.3.1.2 China Inkjet Coders Market by Application
6.3.3.2 Japan Inkjet Coders Market
6.3.3.2.1 Japan Inkjet Coders Market by Type
6.3.3.2.2 Japan Inkjet Coders Market by Application
6.3.3.3 India Inkjet Coders Market
6.3.3.3.1 India Inkjet Coders Market by Type
6.3.3.3.2 India Inkjet Coders Market by Application
6.3.3.4 South Korea Inkjet Coders Market
6.3.3.4.1 South Korea Inkjet Coders Market by Type
6.3.3.4.2 South Korea Inkjet Coders Market by Application
6.3.3.5 Singapore Inkjet Coders Market
6.3.3.5.1 Singapore Inkjet Coders Market by Type
6.3.3.5.2 Singapore Inkjet Coders Market by Application
6.3.3.6 Malaysia Inkjet Coders Market
6.3.3.6.1 Malaysia Inkjet Coders Market by Type
6.3.3.6.2 Malaysia Inkjet Coders Market by Application
6.3.3.7 Rest of Asia Pacific Inkjet Coders Market
6.3.3.7.1 Rest of Asia Pacific Inkjet Coders Market by Type
6.3.3.7.2 Rest of Asia Pacific Inkjet Coders Market by Application
6.4 LAMEA Inkjet Coders Market
6.4.1 LAMEA Inkjet Coders Market by Type
6.4.1.1 LAMEA CIJ Coder Market by Country
6.4.1.2 LAMEA Drop on Demand (DOD) Market by Country
6.4.1.3 LAMEA TIJ Coder Market by Country
6.4.1.4 LAMEA Others Market by Country
6.4.2 LAMEA Inkjet Coders Market by Application
6.4.2.1 LAMEA Food Industry Market by Country
6.4.2.2 LAMEA Medical Application Market by Country
6.4.2.3 LAMEA Packing Industry Market by Country
6.4.2.4 LAMEA Cosmetic Industry Market by Country
6.4.2.5 LAMEA Automobile Industry Market by Country
6.4.2.6 LAMEA Pipes, Wires, & Cables Market by Country
6.4.2.7 LAMEA Others Market by Country
6.4.3 LAMEA Inkjet Coders Market by Country
6.4.3.1 Brazil Inkjet Coders Market
6.4.3.1.1 Brazil Inkjet Coders Market by Type
6.4.3.1.2 Brazil Inkjet Coders Market by Application
6.4.3.2 Argentina Inkjet Coders Market
6.4.3.2.1 Argentina Inkjet Coders Market by Type
6.4.3.2.2 Argentina Inkjet Coders Market by Application
6.4.3.3 UAE Inkjet Coders Market
6.4.3.3.1 UAE Inkjet Coders Market by Type
6.4.3.3.2 UAE Inkjet Coders Market by Application
6.4.3.4 Saudi Arabia Inkjet Coders Market
6.4.3.4.1 Saudi Arabia Inkjet Coders Market by Type
6.4.3.4.2 Saudi Arabia Inkjet Coders Market by Application
6.4.3.5 South Africa Inkjet Coders Market
6.4.3.5.1 South Africa Inkjet Coders Market by Type
6.4.3.5.2 South Africa Inkjet Coders Market by Application
6.4.3.6 Nigeria Inkjet Coders Market
6.4.3.6.1 Nigeria Inkjet Coders Market by Type
6.4.3.6.2 Nigeria Inkjet Coders Market by Application
6.4.3.7 Rest of LAMEA Inkjet Coders Market
6.4.3.7.1 Rest of LAMEA Inkjet Coders Market by Type
6.4.3.7.2 Rest of LAMEA Inkjet Coders Market by Application
Chapter
7. Company Profiles
7.1 Markem-Imaje (Dover Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 ANSER CODING INC.
7.2.1 Company Overview
7.3 ITW Diagraph (Illinois Tool Works)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 KGK Jet India Private Limited (KGK Jet)
7.4.1 Company Overview
7.5 Kiwi Coders Corporation
7.5.1 Company Overview
7.6 Linx Printing Technologies (Danaher Corporation)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Shanghai Rottweil Handyware Printing Technology Co., Ltd
7.7.1 Company Overview
7.8 Squid Ink Manufacturing, Inc. (Engage Technologies Corporation)
7.8.1 Company Overview
7.9 Xaar plc
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.5.2 Acquisition and Mergers:
7.9.5.3 Geographical Expansions:
7.10. ID Technology LLC (ProMach Inc.)
7.10.1 Company Overview

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