Global Inkjet Marking Coding Machines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Inkjet Marking Coding Machines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Inkjet printing is a type of computer printing that recreates a digital image by propelling droplets of ink onto paper, plastic, or other substrates. Inkjet printers are the most commonly used type of printer, and range from small inexpensive consumer models to expensive professional machines.

Market Overview:


The latest research study on the global Inkjet Marking Coding Machines market finds that the global Inkjet Marking Coding Machines market reached a value of USD 4438.55 million in 2022. It’s expected that the market will achieve USD 5772.39 million by 2028, exhibiting a CAGR of 4.48% during the forecast period.

The growth of the Inkjet Marking Coding Machines market is largely driven by the development of downstream applications, Such as the food and beverage, Pharmaceutical industry, and FMCG industry. Due to large demand for high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get a competitive advantage, and get a bigger market share.

Limitations

Advanced technology is mainly concentrated in Europe and the United States developed countries, regional technological development is not balanced, resulting in different products between different companies, the relationship between large companies and downstream customers is stable, the new entrants are not easy to open their own market. Most of the business of the manufacturers is industrial equipment products, the relevant equipment needs to be more evaluated, andequipment R&D investment and Production cycle will be longer.

Opportunities

Coding or marking is very essential for the product in various end-user industries. With the increasing production scale of the industries, developing supply chains and globalization, there is high demand for solutions for coding and marking applications.
The Coding and Marking Market is a rapidly growing market with increasing demand for marking and coding equipment for various applications in various regions across the globe. This market is expected to witness high growth owing to the increasing capital expenditure for the R&D of inkjet printing, growth in the use of ink marking for printing and inkjet printing in industries.

Region Overview:


North America had the highest growth rate of all regions

Company Overview:


Videojet, Markem-Imaje, Weber Marking were the top 3 players in the Inkjet Marking Coding Machines market in 2022, taking up a market share of 27.6% together.

Segmentation Overview:


Among different product types, CIJ segment is anticipated to contribute the largest market share in 2027.

Application Overview:


By application, the Foods & Drink segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Inkjet Marking Coding Machines market covered in Chapter 3:

ID Technology
Iconotech
Domino Printing Sciences
Kortho
Hitachi Industrial Equipment Systems
Matthews Marking Systems
Squid Ink Manufacturing
Weber Marking
Markem-Imaje
Beijing Hi-Pack Coding
Kba-Metronic
Control Print
ITW
Zanasi
Ebs Ink Jet Systeme
Anser Coding
Videojet

In Chapter 4 and Chapter 14.2, on the basis of types, the Inkjet Marking Coding Machines market from 2018 to 2029 is primarily split into:

DOD
CIJ

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Inkjet Marking Coding Machines market from 2018 to 2029 covers:

Foods & Drink
Pharmaceutical
Cosmetics
Automotive
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)