Coding and Marking Systems Market – Global Industry Insights, Market Size Estimation and Growth Forecast, By Technology (Continuous Inkjet, Laser Coding & Marking, Thermal Inkjet, Drop-on-Demand, Print & Apply Labeling, Thermal Transfer Overprinting), By Application (Metal Cans, PET Bottles, Flexible Films & Foils, Rigid Plastic Containers, Glass Bottles & Containers, Paperboard, Corrugated Packaging, Retail-Ready Packaging, Shrink Wrap, Extrusions, Plastic & Rubber Parts, Wooden Materials, Metal Parts, Bags), By End User (Food & Beverage, Tobacco, Cosmetics, & Personal & Home Care, Electrical & Electronics, Automotive & Aerospace, Chemical, Healthcare, Building & Construction) & By Regions, 2017 – 2025

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  • Post last modified:January 3, 2024
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Report Description

The market for coding and marking systems has been covered under the scope of this report. Coding and marking systems are equipment and solutions used for printing technology information such as barcodes, manufacturing details, ingredients, and others on packaging. In addition, coding and marking systems are also used for putting traceability information as well as branding information on packaging. The global coding and marking systems market has been segmented on the basis of technology, application, end user, and region. It also provides a cross-sectional study of the global market across broad regional segments such as North America, Europe, Asia-Pacific (APAC), Middle-East and Africa (MEA), and Latin America under its scope. The market is primarily being driven by the rising demand for coding and marking systems in the food and beverage and automotive sectors. Furthermore, manufacturers’ growing concern about protecting their technology from counterfeits has fueled the use of trademarks, brand images, and intellectual property labels on packaging. This, in turn, drives the growth of the coding and marking industry.

Coding and Marking Systems Market Revenue Forecast
Coding and Marking Systems Market Revenue Forecast

The scope of the Report

A complete analysis of market dynamics, which includes the market drivers, restraints, and opportunities, is included within the scope of the report. The market dynamics for the different segments, namely technology, application, and end user, have been covered separately under the purview of the report. Additionally, the country-level trend for each region has also been covered under the scope of the report. Thus, this report provides an exhaustive study of the global coding and marking systems market and also provides a forecast of the market for the period from 2017 to 2025.

Market Dynamics

The primary driving factors of the global coding and marking systems market are the growing need for traceability of the product throughout the value chain and stringent government norms for disclosing manufacturing information such as batch codes, ingredients, manufacturer’s details, etc. on the packaging of products. In order to meet government regulations, manufacturers are adapting coding and marking systems to print required information on product packaging. Additionally, the coding and marking systems are used for signs, codes, and logos to prevent products from being counterfeited. Growing incidents of counterfeiting of automobile components and other products have increased the importance of coding and marking systems among manufacturers. Considering the positive impacts of the aforementioned factors, the coding and marking industry is expected to experience a high growth rate during the forecast period from 2017–2025.

Coding and Marking Systems Market Revenue Share By Geography
Coding and Marking Systems Market Revenue Share By Geography

Analysis Covered in the Report

Under the scope of the report on global coding and marking market, several high-level analyses have been covered. This includes:

  • The Technology-market trend analysis,
  • Technology lifecycle analysis,
  • Porter’s five forces analysis, and
  • Market attractiveness analysis

Key trends analysis discusses the current and upcoming trends in this market. Technology life-cycle analysis analyses the current life-cycle stage of the technology in the five wide geographic regions, such as whether the technology is approaching maturity in a region or whether it is a new entrant, etc. Porter’s five forces analysis provides insights into the competitive scenario with regards to new entrants, substitutes, buyers, and suppliers. To provide a detailed insight into the global market, attractive market analysis has been provided in the report. Market attractiveness analysis details the investment attractiveness of each technology, application, end user, and geography.

Coding and Marking Systems Market By Geography
Coding and Marking Systems Market By Geography

The Competitive Profiling

The competitive profiling of the key players in the global market and their business segments has been exhaustively covered under the purview of the study. Moreover, key business strategies adopted by the leading players in the market have also been covered under the scope of the report.

Some Major Competitors in the Coding and Marking Systems Market

Some of the leading players operating in the coding and marking systems industry are:

  • Danaher Corporation (U.S.), Dover Corporation (U.S.), Matthews International Corporation (U.S.), Inkjet, Inc. (U.S.), ID Technology (U.S.), Diagraph Group (U.S.)
  • Domino Printing Sciences plc (The U.K.), Overprint Packaging Ltd. (The U.K.), ATD Marking Systems (The U.K.), and
  • Hitachi Ltd. (Japan) among others.

The market has been segmented as follows

On the basis of Technology

By technology, the global market is divided into continuous inkjet, laser coding & marking, thermal inkjet, drop-on-demand, print & apply labeling, thermal transfer overprinting, and others. Others include technologies such as valve jet and piezo high resolution. In terms of both value and volume, continuous inkjet technology held the largest share of the coding and marking systems market size in 2017, owing to its growing usage in the food packaging sector.

  • Continuous Inkjet
  • Laser Coding & Marking
  • Thermal Inkjet
  • Drop-on-Demand
  • Print & Apply Labeling
  • Thermal Transfer Overprinting
  • Others

On the basis of Application

By application, the market is segmented into metal cans, pet bottles, flexible films & foils, rigid plastic containers, glass bottles & containers, paperboard, corrugated packaging, retail-ready packaging, shrink wrap, extrusions, plastic and rubber parts, wooden materials, metal parts, bags and others. Others include extruded packaging materials. In terms of both value and volume, pet bottles held the largest share in the coding and marking market in 2017, reflecting the growing demand for PET bottles among retail consumers across the globe.

  • Metal Cans
  • PET Bottles
  • Flexible Films & Foils
  • Rigid Plastic Containers
  • Glass Bottles & Containers
  • Paperboard
  • Corrugated Packaging
  • Retail-Ready Packaging
  • Shrink Wrap
  • Extrusions
  • Plastic & Rubber Parts
  • Wooden Materials
  • Metal Parts
  • Bags
  • Others

On the basis of End-user

By end user, the market is divided into food & beverage, tobacco, cosmetics, personal & home care, electrical & electronics, automotive & aerospace, chemicals, healthcare, building & construction, and others. Others include agriculture and aerospace and defense. On the basis of value and volume, food and beverages held the largest share in the coding and marking industry in 2017, owing to the growing penetration of coding and marking systems in the food packaging industry.

  • Food & Beverage
  • Tobacco
  • Cosmetics, & Personal & Home Care
  • Electrical & Electronics
  • Automotive & Aerospace
  • Chemical
  • Healthcare
  • Building & Construction
  • Others

Coding and Marking Systems Market, by Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K
    • France
    • Italy
    • Rest of the Europe
  • Asia-Pacific
    • China
    • India
    • South Korea
    • Japan
    • Rest of the Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of the MEA
  • Latin America
    • Brazil
    • Rest of the Latin America

Regional Outlook

The market has been further segmented into five broad geographic regions, namely North America, Europe, Asia Pacific (APAC), Middle-East and Africa (MEA), and Latin America. In 2017, Asia Pacific occupied the largest share of the market. The large market share can be attributed to wide-spread demand for coding and marking systems in the automotive and food packaging industries in countries such as China, Japan, India, and South Korea.

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