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Global “Coding and Marking Equipment market” report also concentrates on the development tendencies as well as history, competitive landscape evaluation, growth, key players, and key regions, etc. from the global Coding and Marking Equipment industry.
Coding and Marking Equipment market report is made by our industry experts to understand the worldwide Coding and Marking Equipment production, growth rate, consumption, market share, production volume, price, gross margin, and revenue. Our industry experts give the overview of the market by past, present, future demands and opportunities which helps the stakeholders and individuals interested in Coding and Marking Equipment.
The global Coding and Marking Equipment market to grow ata CAGR of over 7% during the period 2019-2023.
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Coding and marking equipment is used to print information such as manufacturing date, logos, expiry date, batch number, and others on the surfaces of products.Our coding and marking equipment market analysis considers sales from CIJ printing and coding, laser coding and marking, TIJ printing, DOD printing, and other segments. The market vendors cater to end-users, including food and beverage, industrial, healthcare, and others. Our analysis also considers the provision of Coding and Marking Equipment in APAC, Europe, MEA, North America, and South America. In 2018, the CIJ printing and coding segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as low maintenance costs, high-speed printing, and ability to support various types of inks and a wide array of colors will help the market segment in maintaining its leading position over the forecast period.
Also, our global coding and marking equipment report has observed market growth factors such as increasing need for product traceability, increasing demand for packaging, an increasing number of labeling regulations. However, high operational cost, increasing competition from the unorganized market, and dependence of coding and marking equipment on-demand from end-users may hamper the growth of the coding and marking equipment industry over the forecast period.
Key Manufacturers Includes:
MARKET DYNAMICS:Market Driver: Increasing Need For Product Traceability.Market Trend: Use of Connected Technology In Coding and Marking Equipment.Market Challenge: High Operational Cost.Increasing need for product traceability
Product tracking has become essential in the product management cycle. As a result, packaging companies are integrating technologies such as barcodes, QR codes, and data matrix codes. Vendors are capitalizing on this factor and are offering advanced printing equipment to print such codes on products. The rising consumerism and the need for logistics services will increase the sales of such printing devices. Consequently, the global coding and marking equipment market is expected to record a CAGR over 7% during 2019-2023.
Use of connected technology in coding and marking equipment
Vendors are constantly innovating to cater to the needs of manufacturing industries with automated systems. Vendors have started offering smart and connected coding and marking equipment to support Industry 4.0. Such smart equipment facilitates seamless communication between printers and programmable logic controllers (PLC), allowing end-user to gain equipment insight. These benefits will increase sales of smart coding and marking equipment will increase, contributing to the growth of the coding and marking equipment market over the forecast period.
Geographical Regions Includes:
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Detailed TOC of Coding and Marking Equipment Market Report:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT2.1 Preface2.2 Preface2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPEMarket ecosystemMarket characteristicsMarket segmentation analysis
PART 04: MARKET SIZINGMarket definitionSegmentationMarket sizing 2018Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGYMarket segmentation by technologyComparison by technologyCIJ printing and coding – Market size and forecast 2018-2023Laser coding and marking – Market size and forecast 2018-2023TIJ printing – Market size and forecast 2018-2023DOD printing – Market size and forecast 2018-2023Others – Market size and forecast 2018-2023Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERMarket segmentation by end-userComparison by end-userFood and beverage – Market size and forecast 2018-2023Industrial – Market size and forecast 2018-2023Healthcare – Market size and forecast 2018-2023Others – Market size and forecast 2018-2023Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPEGeographic segmentationGeographic comparisonAPAC – Market size and forecast 2018-2023Europe – Market size and forecast 2018-2023North America – Market size and forecast 2018-2023MEA – Market size and forecast 2018-2023South America – Market size and forecast 2018-2023Key leading countriesMarket opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGESMarket driversMarket challenges
PART 12: MARKET TRENDSEquipment leasing business modelUse of connected technology in coding and marking equipmentIncreasing demand for eco-friendly inks
PART 13: VENDOR LANDSCAPEOverviewLandscape disruption
PART 14: VENDOR ANALYSIS
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Key Questions Answered in Coding and Marking Equipment Market Report: –
Name: Ajay More
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