What is Coding and Marking Equipment Market Scope?
Coding and Marking Equipment are the equipment which is used to print information and data on the products. These Equipment print product-specific details on the product so that the end-users and manufacturers get accurate information and brand of the product. As per rule, all kinds of the product should be marked and printed and these include the printing of manufacturing dates, expiry dates, size of the package and lot among other details. They add a unique printed mark on the product in order to ensure their security and tracking. Coding and Marking Equipment helps the manufactures or end –users to reduce the risk of counterfeiting (fake and unauthorized replicas) and to maintain the branding of the product among other ends –users. The importance of keeping the product safe and sound makes the market of Coding and marking equipment to grow overall the globe
The Coding and Marking Equipment market study is being classified by Type (Inkjet Printers, Laser Printers, Thermal Transfer Overprinting Printers and Others), by Application (Food and Beverage, Pharmaceutical and Healthcare, Construction and Chemicals, Electronics and Others) and major geographies with country level break-up.
Some of the major players operating in the coding and marking systems industry are Danaher Corporation, ATD Marking Systems, ID Technology, Inkjet Inc, Hitachi Ltd, Dover Corporation, Diagraph Group, Matthews International Corporation, Domino Printing Sciences plc, and Overprint Packaging Ltd. Analysts at AMA predicts that Players from Global will contribute to the maximum growth of Global Coding and Marking Equipment market throughout the predicted period.
ATD Ltd (UK), Diagraph Corporation (United States), Domino Printing Sciences plc (United Kingdom), Hitachi Industrial Equipment Systems Co, Ltd. (Japan), Iconotech (United States), InkJet, Inc. (United States), Linx Printing Technologies Ltd (United Kingdom), Markem-Imaje SAS (Switzerland), Matthews Marking Systems (United States) and Paul Leibinger GmbH & Co. KG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ProMach, Inc. (United States), Greydon (United States), ID Technology, LLC (United States), REA Elektronik GmbH (Germany), SATO Labeling Solutions America, Inc. (United States), Universal Labeling Systems, Inc. (United States) and Videojet Technologies, Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Coding and Marking Equipment market by Type, Application and Region.
On the basis of geography, the market of Coding and Marking Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Handheld inkjet coder solutions
- Adoption of Six Sigma across numerous industries
- The growth of smart packaging globally
- Increased R&D Investment Resulting in Innovative Products
Market Drivers
- Introduction of Innovative Products in the market
- High Demand of coded products from Pharmaceutical, Cosmetic, Food and Beverage Industry
- Increased Need for Product Identification and Brand Protection
Opportunities
- High Influence of Internet over End-users' Purchasing Behavior
Restraints
- High Raw Material Prices for Coding and Marking Equipments
- Producing counterfeiting (fake or unauthorized replicas) products
- The volatility of Application Industry
Challenges
- Maintaining the high quality of print and codes on products
- The difficulties associated with upgradation of coding systems
Key Target Audience
Coding and Marking Equipment manufactures, Coding and Marking Equipment distributors, Food industries, Health care centers, End- Users, Private Organizations and Others
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