Top 3 Recent Developments in Coding and Marking Market – Projected Revenue of $9.53 Billion by 2030 – Arizton

According to Arizton’s latest research report, coding and marking market is growing at a CAGR of 6.61% during 2024-2030.  

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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. 

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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: https://www.arizton.com/market-reports/coding-and-marking-market-2024  

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?  

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