Global Coding and Marking Systems Market Size, Trends, and Growth Opportunity, By Technology Type (Continuous Inkjet, Laser Coding, Thermal Inkjet, Piezo, Others), Material (Plastics, Paper & Cardboard, Metal, Wood, Textiles (Excluding Carpet and Fleece), Foils, Organic Surfaces, Rubber, Carpet, Fleece, and Others), Number of Nozzles (Single Nozzle, Multiple Nozzles), Type (Small Character Inkjet Printers, High-Resolution Inkjet Printers, Large Inkjet Printers, Laser Systems, and Spray Market Systems), Application (Secondary, Tertiary, Primary), End Use (Food & Beverage, Pharmaceuticals, Electrical & Electronics, Automotive & Aerospace, Personal Care, Construction, Chemical Manufacturing, and Others) By Region and forecast till 2030.
Global Coding and Marking Systems Market
Global Coding and Marking Systems Market was valued at USD 3.8 Billion in 2022 and is slated to reach USD 6 Billion by 2030 at a CAGR of 6.1% from 2023-2030.
Systems for coding and labeling are frequently utilized in the automotive industry. To stop the selling of replica car parts, counterfeit part labels or part numbers are printed on the parts using coding and marking. To print precise product information onto the product casing, encoding, and marking tools are employed. The purpose of this information is to give manufacturers and consumers trustworthy information about their products. The printing of the production date, the expiration date, and the amount of the packaging lot are just a few of the items included in the coding. Manufacturers can lower the chance of product fraud and safeguard the consumer's perception of their brand by imprinting codes or labels on products.
Market Drivers
Because of the rise in sales of counterfeit goods, there is a developing demand for coding and marking systems in the automotive industry. Coding and marking systems are often used to code component number labels on vehicle machinery, and manufacturers employ them to reduce the market for counterfeit goods. Robust programmers must effortlessly integrate into existing workflows and perform consistently in difficult production situations. The capacity to print their logo, manufacturing date, expiry date, LOT number, part numbers, and other information on their products is something that manufacturers are looking for, as well as solutions for worldwide containment and traceability. Numerous industries, including FMCG, food and beverage, electronics, metals, rubber, textile, chemical and agrochemical, seeds, construction, healthcare, and pharmaceuticals, use coding and marking technology. The consumption of these products is rising along with the need for packaged food, healthier packaged food, and growing urbanization, which in turn is raising the need for coding and labeling systems. When it comes to supply chain traceability regulations, the food and pharmaceutical industries are among the strictest. Using batch numbers, barcodes, and expiration dates, coding, and labeling products helps to ensure complete traceability, safeguarding both customers and businesses. Consumers will be able to acquire more transparent insights into the sources of the parts that make up a product as coding technologies advance with real-time reporting and analytics.
Market Restraints
Industrial printing methods like coding and labeling have new technology that promises to increase the effectiveness of these procedures. Yet, as packaging formats and design complexity have changed, so have the creation and use of coding and labeling technology. Misunderstandings between companies and their customers may result from improperly printed barcodes, damaged trademarks, and lost best-before information due to faded printed ink. Products may become less popular if the proper codes are not used, and manufacturers may experience problems with inefficient traceability.
Recent Developments
Pench, a continuous inkjet printer, was introduced by CONTROL PRINT LTD. in June 2022. Because of its ability to print at a speed of up to 700 m/min, it is primarily employed in cable, wire, steel, and other ultra-fast high-speed industries. The product launch will assist the business in growing its product line and clientele across a range of end markets.
Market Segmentation
Global Coding and Marking Systems Market are segmented into By Technology Type, Material, Number of Nozzles, Type, Application, and End Use. By Technology Types such as Continuous Inkjet, Laser Coding, Thermal Inkjet, Piezo, and Others. By Materials such as Plastics, Paper & Cardboard, Metal, Wood, Textiles (Excluding carpets and Fleece), Foils, Organic Surfaces, Rubber, carpets, Fleece, and Others. By the Number of Nozzles such as Single Nozzle, Multiple Nozzles. By Types such as Small Character Inkjet Printers, High-Resolution Inkjet Printers, Large Inkjet Printers, Laser Systems, and Spray Market Systems. By Applications such as Secondary, Tertiary, and Primary. By End Use such as Food & Beverage, Pharmaceuticals, Electrical & Electronics, Automotive & Aerospace, Personal Care, Construction, Chemical Manufacturing, and Others.
Regional Analysis
The global Coding and Marking Systems Market are segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. As a result of the rising demand in the automotive industry, North America is anticipated to dominate the global market for coding and marking systems. Due to the growing need for coding and marking systems across a variety of industries, the U.S. is predicted to lead the North American market. Due to the existence of some of the most strict regulatory authorities for the food and beverage sector as well as some of the largest pharmaceutical companies in the world, Europe is one of the significant markets for coding and marking systems. However, during the projection period, Asia-Pacific is anticipated to develop at the fastest rate. This is a result of the increased demand for coding and marking systems in the area. China is at the forefront of R&D spending and the adoption of high-tech coding and marking systems, and the Asia-Pacific region as a whole dominates the market for coding and marking systems.
Key Players
This report includes a list of numerous Key Players, namely Dover Corporation, Novanta Inc., REA Elektronik GmbH., ProMach Inc., Leibinger Group, Codeline Automation., CONTROL PRINT LTD., Pak-Tec, Hitachi, Ltd., Illinois Tool Works Inc., Matthews International Corporation, Overprint Ltd., Brother Industries, Ltd.
Market Taxonomy
By Technology Type
• Continuous Inkjet
• Laser Coding
• Thermal Coding
• Piezo
• Others
By Type
• Small Character Inkjet Printers
• High Resolution Inkjet Printers
• Large Inkjet Printers
• Laser System and Spray Market Systems
By Application
• Primary
• Secondary
• Tertiary
By Number of Nozzles
• Single Nozzle
• Multiple Nozzles
By Material
• Plastics
• Paper & Cardboard
• Metal
• Wood
• Textiles (Excluding Carpet and Fleece)
• Foils
• Organic Surfaces
• Rubber
• Carpet
• Fleece
• Others
By End-Use
• Food & beverage
• Pharmaceuticals
• Electrical & electronics
• Automotive & aerospace
• Personal care
• Construction
• Chemical manufacturing
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Coding and Marking Systems Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Coding and Marking Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Coding and Marking Systems Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Coding and Marking Systems Market Share Analysis, By Type
5.3 Global Coding and Marking Systems Market Size and Forecast, By Type
5.3.1 Small Character Inkjet Printers
5.3.2 High Resolution Inkjet Printers
5.3.3 Large Inkjet Printers
5.3.4 Laser System and Spray Market Systems
6 Global Coding and Marking Systems Market, By Technology Type
6.1 Y-o-Y Growth Comparison, By Technology Type
6.2 Global Coding and Marking Systems Market Share Analysis, By Technology Type
6.3 Global Coding and Marking Systems Market Size and Forecast, By Technology Type
6.3.1 Continuous Inkjet
6.3.2 Laser Coding
6.3.3 Thermal Coding
6.3.4 Piezo
6.3.5 Others
7 Global Coding and Marking Systems Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Coding and Marking Systems Market Share Analysis, By Application
7.3 Global Coding and Marking Systems Market Size and Forecast, By Application
7.3.1 Primary
7.3.2 Secondary
7.3.3 Tertiary
8 Global Coding and Marking Systems Market, By Number of Nozzles
8.1 Y-O-Y Growth Comparison, By Number of Nozzles
8.2 Global Coding and Marking Systems Market Share Analysis, By Number of Nozzles
8.3 Global Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
8.3.1 Single Nozzle
8.3.2 Multiple Nozzles
9 Global Coding and Marking Systems Market, By Material
9.1 Y-O-Y Growth Comparison, By Material
9.2 Global Coding and Marking Systems Market Share Analysis, By Material
9.3 Global Coding and Marking Systems Market Size and Forecast, By Material
9.3.1 Plastics
9.3.2 Paper & Cardboard
9.3.3 Metal
9.3.4 Wood
9.3.5 Textiles (Excluding Carpet and Fleece)
9.3.6 Foils
9.3.7 Organic Surfaces
9.3.8 Rubber
9.3.9 Carpet
9.3.10 Fleece
9.3.11 Others
10 Global Coding and Marking Systems Market, By End-Use
10.1 Y-O-Y Growth Comparison, By End-Use
10.2 Global Coding and Marking Systems Market Share Analysis, By End-Use
10.3 Global Coding and Marking Systems Market Size and Forecast, By End-Use
10.3.1 Food & beverage
10.3.2 Pharmaceuticals
10.3.3 Electrical & electronics
10.3.4 Automotive & aerospace
10.3.5 Personal care
10.3.6 Construction
10.3.7 Chemical manufacturing
10.3.8 Others
11Global Coding and Marking Systems Market, By Region
11.1 Global Coding and Marking Systems Market Share Analysis, By Region
11.2 Global Coding and Marking Systems Market Share Analysis, By Region
11.3 Global Coding and Marking Systems Market Size and Forecast, By Region
12 North America Coding and Marking Systems Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 North America Coding and Marking Systems Market Share Analysis, By Type
12.3 North America Coding and Marking Systems Market Size and Forecast, By Technology Type
12.4 North America Coding and Marking Systems Market Size and Forecast, By Application
12.5 North America Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
12.6 North America Coding and Marking Systems Market Size and Forecast, By Material
12.7 North America Coding and Marking Systems Market Size and Forecast, By End-Use
12.8 North America Coding and Marking Systems Market Size and Forecast, By Country
12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico
13EuropeCoding and Marking Systems Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Europe Coding and Marking Systems Market Share Analysis, By Type
13.3 Europe Coding and Marking Systems Market Size and Forecast, By Technology Type
13.4 Europe Coding and Marking Systems Market Size and Forecast, By Application
13.5 Europe Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
13.6 Europe Coding and Marking Systems Market Size and Forecast, By Material
13.7 Europe Coding and Marking Systems Market Size and Forecast, By End-Use
13.8 Europe Coding and Marking Systems Market Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 UK
13.8.4. Rest of Europe
14Asia Pacific Coding and Marking Systems Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Asia Pacific Coding and Marking Systems Market Share Analysis, By Type
14.3 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Technology Type
14.4 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Application
14.5 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
14.6 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Material
14.7 Asia Pacific Coding and Marking Systems Market Size and Forecast, By End-Use
14.8 Asia Pacific Coding and Marking Systems Market Size and Forecast, By Country
14.8.1 China
14.8.2 Japan
14.8.3 India
14.8.4. Rest of Asia Pacific
15Latin America Coding and Marking Systems Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Latin America Coding and Marking Systems Market Share Analysis, By Type
15.3 Latin America Coding and Marking Systems Market Size and Forecast, By Technology Type
15.4 Latin America Coding and Marking Systems Market Size and Forecast, By Application
15.5 Latin America Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
15.6 Latin America Coding and Marking Systems Market Size and Forecast, By Material
15.7 Latin America Coding and Marking Systems Market Size and Forecast, By End-Use
15.8 Latin America Coding and Marking Systems Market Size and Forecast, Country
15.8.1. Brazil
15.8.2.Rest of Latin America
16 Middle East Coding and Marking Systems Market Analysis and Forecast (2023-2030)
16.1 Introduction
16.2 Middle East Coding and Marking Systems Market Share Analysis, By Type
16.3 Middle East Coding and Marking Systems Market Size and Forecast, By Technology Type
16.4 Middle East Coding and Marking Systems Market Size and Forecast, By Application
16.5 Middle East Coding and Marking Systems Market Size and Forecast, By Number of Nozzles
16.6 Middle East Coding and Marking Systems Market Size and Forecast, By Material
16.7 Middle East Coding and Marking Systems Market Size and Forecast, By End-Use
16.8 Middle East Coding and Marking Systems Market Size and Forecast, By Country
16.8.1. Saudi Arabia
16.8.2. UAE
16.8.3. Egypt
16.8.4. Kuwait
16.8.5. South Africa
17 Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies
18Company Profiles
18.1 Dover Corporation
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview
18.1.5 Key Market Developments
18.1.6 Key Strategies
18.2 Novanta Inc.
18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview
18.2.5 Key Market Developments
18.2.6 Key Strategies
18.3 ProMach Inc.,
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview
18.3.5 Key Market Developments
18.3.6 Key Strategies
18.4 Codeline Automation
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview
18.4.5 Key Market Developments
18.4.6 Key Strategies
18.5 CONTROL PRINT LTD.
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview
18.5.5 Key Market Developments
18.5.6 Key Strategies
18.6 Hitachi, Ltd.
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview
18.6.5 Key Market Developments
18.6.6 Key Strategies
18.7 Illinois Tool Works Inc.
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview
18.7.5 Key Market Developments
18.7.6 Key Strategies
18.8 Matthews International Corporation
18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview
18.8.5 Key Market Developments
18.8.6 Key Strategies
18.9 Overprint Ltd.
18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview
18.9.5 Key Market Developments
18.9.6 Key Strategies
18.10 Brother Industries, Ltd.
18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview
18.10.5 Key Market Developments
18.10.6 Key Strategies
