Marking and Coding Equipment Market Expected to Record the Massive Growth, with Prominent Key Players Covered

This Marking and Coding Equipment Market concentrates on offering an exhaustive examination of the plans of action, key methodologies, and individual portions of the overall industry of the absolute most conspicuous players in this scene. Alongside a top to bottom analysis of the key impacting factors, Marking and Coding Equipment Market measurements with regards to incomes, portion-wise information, district-wise information, and country-wise information are presented in the full review. This study is one of the most complete documentation that catches every one of the aspects of the advancing Marking and Coding Equipment Market.

Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5614

Marking and Coding Equipment Market By Technology (Continuous Inkjet (CIJ), Thermal Inkjet (TIJ), Thermal Transfer Overprint (TTO), Laser Coding System, Large Character Marking (LCP), Label Print Applicator (LPA), Other Printers), Application (Flexible Packaging, Rigid Packaging) & Region – Forecast 2022 – 2027–According to Future Market Insights’ latest research publication titled “Marking and Coding Equipment Market: Global Industry Analysis (2012-2021) and Opportunity Assessment (2022-2027),” the global market for marking and coding equipment is anticipated to grow at a noteworthy rate in the coming years.

Top Key Players Covered-

Hitachi America, Ltd.
Videojet Technologies, Inc.
Markem-Imaje Corporation
Domino Printing Sciences plc.
TYKMA Electrox, Inc.
Squid Ink Manufacturing Inc.
Open Date Systems, Inc.
MACSA ID, S.A.
ATD Ltd
RN Mark Inc.
Interactive Coding Equipment (ICE)
Diagraph Corporation
Linx Printing Technologies
Numeric Marking Systems.
Control Print Ltd.
Durable Technologies
REA Elektronik GmbH
Matthews International Corporation
INKJET, INC.
KGK Marking Technologies Group

The market is estimated to witness a 1.7x increase in revenue from 2017 to 2022. By 2017 end, the global marking and coding equipment market is expected to be valued at around US$ 1 Bn and is projected to reach a value of more than US$ 1.8 Bn by the end of 2027.

The global market is anticipated to reflect a CAGR of 5.6% throughout the period of forecast (2022-2027). The research report on the global marking and coding equipment market reveals the influence of various trends, challenges and drivers on the growth of the global market across key regions namely North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

An in-depth market segmentation has been carried out to cover every angle of the market in order to portray a realistic market scenario. The report reflects historical data, current market scenario as well as future market estimates for a period of 10 years from 2022 till 2027.

Global Marking and Coding Equipment Market: Analysis of Various Segments

The global marking and coding equipment market has been segmented by technology type, by application type, by end use and by region.

By technology type, the continuous inkjet printer segment is the largest with respect to market value and dominates the global market. On the other hand, laser coding systems have gained high traction and this is the second largest segment, projected to grow at the highest rate to register a CAGR of 6.5% during the forecast period.
By region, Asia Pacific excluding Japan (APEJ) is the most attractive and the marking and coding equipment market in this region is estimated to reach a high value of around US$ 710 Mn by 2027 end.
By application, the rigid packaging segment is likely to dominate the global market with a higher market share in terms of both value and volume in the years to follow. The flexible packaging application segment is projected to grow at 5.8% CAGR during the 2022 – 2027 timeline
By end use, the food segment is expected to exhibit high potential for growth in the global marking and coding equipment market. This segment is anticipated to lead the global market in terms of value and is estimated to reach a high valuation of about US$ 784 Mn by the end of the forecast period.

Request Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-5614

Global Marking and Coding Equipment Market: Factors Influencing Growth

Factors such as a positive retail sector outlook, seamless integration with active packaging solutions, rising demand from the chemical packaging industry, new product launches, advancements in laser marking technology, high growth in the food industry and increasing use of marking and coding equipment in the building and construction material industry across the globe are expected to fuel revenue growth of the global marking and coding equipment market.

Few aspects such as political crisis, intense competition, high cost of consumables and uneven size package coding leading to increased cost are anticipated to pose hindrances to the growth of the global marking and coding equipment market.

Request TOC @ https://www.futuremarketinsights.com/toc/rep-gb-5614

Global Marking and Coding Equipment Market: Vital Forecast Highlights

The global marking and coding equipment market is expected to grow at a CAGR of 5.5% throughout the period of forecast and is estimated to reach a value of US$ 1770 Mn by the end of the assessment year.

Marking and Coding Equipment Market by Category

By Technology :

Continuous Inkjet (CIJ)
Thermal Inkjet (TIJ)
Thermal Transfer Overprint (TTO)
Laser Coding System
Large Character Marking (LCP)
Label Print Applicator (LPA)
Other Printers

By Application :

Flexible Packaging
- Bags
- Pouches & Sachets
- Vacuum / Shrink films
- Others
Rigid Packaging
- Pipes & Tubes
- Boxes
- Bottles & Jars
- Cans
- Metal Parts
- Trays & Clamshells
- Crates
- Others