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Coding and Marking Market - Top trends, segments, major geographies, key players analysis and market forecast 2023
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CodingandMarkingMarket 2017-2022
EXECUTIVESUMMARY Market Overview Market Dynamics Segmentation GeographicalAnalysis TopTrends VendorList FindUs
MARKETOVERVIEW Theglobalcodingandmarkingmarketislikely toreach$6billionby2022,growingatCAGRof 6.25% during theforecast period. CodingandmarkingmarketsizeinAPACworth $2 billion by2022. The print and apply labeling machine (PALM) technologyisthefastestgrowingsegmentinthe codingandmarkingmarket,growingataCAGR of 7.86%. TTO,TIJ,CIJ,andlaserarethemostwidelyused coding and marking technologies in food and beverageindustry. Developmentofeco-friendlymarkingsystemsto reduce bioaccumulation and eco-toxicity and promote eco-friendlyproducts.
MARKETDYNAMICS Highimpactoftheinternetthathelpsend-users to make informed purchasing decisions, increased market consolidation, and high spending on R&D to introduce innovative applications and solutions in the market are amongtheemergingtrendsarelikelytodrivethe marketworldwide. Read theReport
SEGMENTATION The laser and TIJ coding and marking technology segmentsareexpectedtogainthemarketshareduring the forecastperiod. Inkjet technology to constitute almost 40% of theglobal market share in2022. The CIJ segment is likely to lose its market share marginally to other technologies duringthe forecast period. Thefoodandbeveragesegmentwillcontinuetohold thelargestshareofthemarketat50.71%till2022.It will be followed by the healthcaresegment. Request aSample
GEOGARPHICALANALYSIS Thereportprovidesthemarketsizeofmajor regions such as APAC, Western Europe, Eastern and Central Europe, Latin America, MEA, and NorthAmerica. ThemarketinAPACisexpectedtowitnessa rapid growthrate. APACisalsothefastestgrowingregioninthe globalcodingandmarkingmarket. Theregionislikelytoremaintheleader during2016–2022. NorthAmericawillbethesecondlargest marketduringtheforecastperiod. Legislationsandindustrymandatesare expectedtodrivetheglobalcodingand markingmarket. enquiry@arizton.com
TOPTRENDS HIGHINFLUENCEOFI NTERNET OVER END- USERS' PURCHASI NG BEHAVIOR I NCREASED R& D I NVESTMENT RESULTI NG I N I NNOVATI VE PRODUCTS INCREASEDMARKET CONSOLIDATION
VENDORLIST LeadingVendors BrotherIndustries Danaher Hitachi Dover ITW Read theReport
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