Top 3 Recent Developments in Coding and Marking Market – Projected Revenue of $9.53 Billion by 2030
"Coding And Marking Market Research Report by Arizton"
According to Arizton's latest research report, coding and marking market is growing at a CAGR of 6.16% during 2024-2030.
Report Scope:
Market Size (2030): $9.53 Billion
Market Size (2024): $6.66 Billion
CAGR (2024-2030): 6.16%
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Technology, End-User, Product Mix, and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
Growth and Innovation in the Global Coding and Marking Market
The global coding and marking market is experiencing significant growth, driven by increasing regulatory requirements, the demand for product traceability, and ongoing technological advancements. Industries such as pharmaceuticals, food and beverage, electronics, and automotive are adopting advanced coding and marking systems to enhance compliance and streamline supply chains. Innovations like thermal transfer, laser marking, and high-resolution inkjet printing are replacing traditional methods, providing higher efficiency, accuracy, and adaptability. Automation, integrated with Industry 4.0, is further transforming the market by improving speed, accuracy, and traceability while minimizing human error. Sustainability is a key focus, with eco-friendly inks and recyclable labels gaining traction. Technologies like laser coding are particularly popular due to their precision, eco-friendliness, and cost-effectiveness. As the market evolves, sustainability and efficiency continue to be the main drivers of innovation in coding and marking technologies.
Key Market Development:
Domino Printing Sciences introduced its Ax-Series CIJ printer, equipped with smart sensors for predictive diagnostics, cloud connectivity, and remote service capabilities.
In May 2023, Germany's LEIBINGER launched the IQJET system, designed for smarter, more efficient, and user-friendly coding and marking operations with plug-and-play features.
In 2024, Control Print acquired a 50.49% share in Codeology, a UK-based producer of large character inkjet and label printing systems.
Continuous Inkjet (CIJ) Technology Holding the Largest Share in the Coding and Marking Market
Continuous Inkjet (CIJ) Technology is one of the most widely used methods in the coding and marking market, known for its versatility, speed, and cost-effectiveness. It operates by using a constant stream of ink droplets to print characters and codes on various substrates, including plastics, metals, and paper. CIJ technology excels in its ability to print on curved and irregular surfaces, making it especially popular in the packaging industry. Its high-speed printing capabilities, with some machines printing up to 1000 characters per second, add to its efficiency. Furthermore, CIJ technology is known for its low cost of ownership, as the ink is generally cheaper, and the machines require minimal maintenance.
Looking ahead, the CIJ printer industry is expected to innovate through automation, sustainability, and enhanced functionality. Manufacturers are focusing on eco-friendly solutions such as biodegradable inks and energy-efficient processes. The integration of 3D printing capabilities, remote monitoring, and AI-driven predictive maintenance will further boost CIJ printer capabilities. In industries like food and beverage, CIJ technology is crucial for product traceability and ensuring the quality, safety, and authenticity of products.
Food & Beverage Industry - Major End User in Coding and Marking Market
In the food and beverage industry, coding and marking technologies are critical for regulatory compliance, product traceability, and ensuring supply chain efficiency. These technologies ensure that essential information such as batch numbers, expiration dates, and manufacturer details are accurately printed on packaging. CIJ (Continuous Inkjet) printers are widely used due to their ability to print high-speed, precise information while adhering to hygiene standards in food production.
With stringent regulations requiring detailed labeling on products, coding and marking systems help businesses comply with food safety laws, providing essential product information such as nutritional content, allergen warnings, and origin. This aids in maintaining consumer safety, ensuring transparency, and enhancing trust.
Additionally, the ability to track products via barcodes and QR codes improves inventory management, reducing waste and stock discrepancies. Automation in coding and marking further streamlines supply chain operations, promoting real-time data sharing and minimizing errors.
As consumer demand for transparency and healthy food options grows, especially among younger generations, effective labeling becomes crucial for building brand loyalty and ensuring consumer confidence. The increasing focus on sustainable and socially responsible practices within the food and beverage industry also drives the need for clear, accurate labeling.
The demand for coding and marking solutions is expected to rise as F&B companies innovate and meet evolving consumer preferences and regulatory requirements. Vendors in the coding and marking industry, such as Tourmaline Enterprises, offer tailored solutions to meet the specific needs of food and beverage producers, ensuring compliance, efficiency, and cost savings in packaging processes.
APAC is the Ideal Region to Invest in the Coding and Marking Market
The Asia-Pacific (APAC) region dominates the global coding and marking market, accounting for a 31.67% market share in 2024. This growth is driven by stricter regulatory frameworks, rapid industrialization, and an increased demand for product traceability across industries such as pharmaceuticals, food and beverage (F&B), automotive, electronics, and consumer goods.
Countries like China, India, Japan, and Australia have implemented stringent labeling regulations, particularly in the pharmaceutical, food, and manufacturing sectors. In China, the National Medical Products Administration (NMPA) enforces pharmaceutical serialization to combat counterfeit drugs, while India's FSSAI mandates batch coding and expiration date labeling for packaged food products.
Continuous Inkjet (CIJ) technology is widely adopted in the region, with laser marking gaining traction in electronics and automotive manufacturing due to its durability and environmental benefits. Key players like Samsung and Toyota utilize laser marking for component identification. Thermal Inkjet (TIJ) technology is prominent in the pharmaceutical and FMCG sectors, offering high-speed and high-resolution printing with solvent-free solutions.
The demand for coding technologies is also rising in countries like Singapore, South Korea, and Australia, where businesses are incorporating QR codes and AI-driven solutions for real-time tracking and authentication. For instance, Australia's Therapeutic Goods Administration (TGA) has implemented serialization and traceability requirements for pharmaceuticals, boosting the adoption of coding technologies.
The electronics and semiconductor sector in APAC is also experiencing growth, with major manufacturers like SK Hynix (South Korea) and TSMC (Taiwan) using laser etching and micro-dot marking for product traceability in circuit boards and chips.
Local and international coding and marking companies, including Videojet, Domino, Markem-Imaje, Linx, and Hitachi, are expanding their presence in APAC by offering advanced CIJ, laser, TIJ, and TTO solutions. Regional manufacturers in India, China, and Japan are developing cost-effective systems to cater to small and medium-sized businesses, further expanding the market.
The urbanization of developing APAC countries is expected to drive the demand for food, beverage, and healthcare products, thereby increasing the need for coding and marking equipment. As the fastest-growing region in the global market, APAC's growing demand for product traceability and regulatory compliance is set to continue to fuel market expansion in the coming years.
Key Company Profiles
Control Print
Diagraph (Illinois Tool Works)
Domino Printing Sciences
Han's Laser Technology Industry Group
Hitachi Industrial Equipment & Solutions
KEYENCE
Markem-Imaje
Videojet Technologies
ANSER Coding
ATD UK
Beijing Hi-Pack Coding
Cyklop Fastjet Technologies
Dotjet
EBS Ink-Jet Systems
Guangzhou EC-PACK Packaging Equipment
HSA Systems
ICONOTECH
ID Technology
Inkjet
Jet Inks
KGK Jet
Koenig & Bauer Coding
Kortho Coding & Marking
Laserax
LEAD TECH (ZHUHAI) ELECTRONIC
Leibinger Group
Linx Printing Technologies
Macsa ID
MapleJet
Matthews International
MECCO
REA Elektronik
RN Mark
Shanghai Dikai Coding Technology
Squid Ink
Sunine
Weber Marking Systems
Xaar
Zanasi
Market Segmentation
Technology
CIJ Technology
Laser Technology
Palm Technology
TTO Technology
PIJ Technology
VIJ Technology
TIJ Technology
End-User
Food & Beverage
Healthcare
Electrical Equipment & Electronics
Chemicals & Construction
Automotive & Aerospace
Others
Product Mix
Equipment
Consumables
Spare Parts & Aftermarket
Geography
APAC
China
Japan
India
Australia
South Korea
Indonesia
Singapore
Philippines
North America
The U.S.
Canada
Western Europe
Germany
France
U.K.
Italy
Spain
Benelux
Sweden
Rest of Scandinavia
Portugal
Latin America
Brazil
Mexico
Argentina
Chile
Middle East & Africa
South Africa
Iran
UAE
Nigeria
Saudi Arabia
Central & Eastern Europe
Turkey
Poland
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the coding and marking market. Request for Free Sample to get a glance of the report now:
What Key Findings Will Our Research Analysis Reveal?
How big is the global coding and marking market?
What is the growth rate of the global coding and marking market?
What are the significant trends in the coding and marking market?
Which region dominates the global coding and marking market share?
Who are the key players in the global coding and marking market?
Global Flexible Packaging Market - Focused Insights 2024-2029
https://www.arizton.com/market-reports/flexible-packaging-market-size
Sustainable Packaging Market - Global Outlook & Forecast 2024-2029
https://www.arizton.com/market-reports/sustainable-packaging-market
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Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Key Vendors Abbott Danone Hero Group Nestlé Perrigo Reckitt Benckiser Group Asahi Group Holdings Ausnutria Dairy Bobbie ByHeart Dana Dairy Group Else Nutrition Feihe FrieslandCampina H&H Group HiPP Kewpie Corporation Kraft Heinz Company Little Spoon Sprout Organics The Hain Celestial Group Walgreen Yili Group Yumi Segmentation & Forecast Product Type Infant Formula Prepared Infant Food Dried Infant Food Others Distribution Channel Supermarkets & Hypermarkets Pharmacies & Drugstores Online Channels Convenience Stores Others Geography APAC China India Japan South Korea Australia North America The US Canada Europe Germany France The UK Italy Spain Middle East & Africa Turkey Saudi Arabia South Africa Latin America Brazil Mexico Argentina Key Questions Answered in the Report: How big is the global infant food market? What are the factors driving the global infant food market growth? What is the growth rate of the global infant food market? Which region will have the highest CAGR in the global infant food market? Who are the major players in the global infant food market? Check Out Some of the Top Selling Research Reports: U.S. Baby Feeding Bottles Market - Focused Insights 2024-2029 U.S. Pediatric Supplements Market - Focused Insights 2024-2029 Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. 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