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Coding and Marking Market 2019-2024: Strategic Collaborations - The Way AheadDUBLIN, July 17, 2019 /PRNewswire/ -- The "Coding and Marking Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.  The coding and marking market is projected to reach values of over $7 billion by 2024, growing at a CAGR of approximately 7% during 20182024. In 2018, the CIJ segment captured nearly half of the market share. CIJ printing technology is exceptionally versatile and enables printing on virtually any surface. Features such as user-friendly installation procedure, high-speed printing, and quick-dry nature are contributing to increased growth of the segment. Domino Printing Sciences is a market leader in the field of CIJ technology. The laser and TIJ technology segments are expected to gain market share during the forecast period. Coding and Marking Market: Geography The global coding and marking market is diversified across North America, APAC, Europe, Latin America, and MEA. In 2018, the APAC region dominated the market due to high demand for coding and marking equipment by several end-users. The development of innovative, flexible packaging designs in developing countries such as Japan, South Korea, China, Indonesia, and India is driving the growth of the APAC region in the market. Legislation and industry mandates have driven the coding and marking market in North America and Western Europe. The Harmonized Commodity Description and Coding System has increased the global demand for coding equipment. The coding and marking market in MEA is witnessing high growth, particularly in African countries, where the demand for consumer durables is increasing rapidly. Africa is one of the emerging and fastest growing economies globally. Western Africa has been increasing than southern countries of Africa. Also, the growth of the industry is governed by the expansion of the entire packaging industry. Key Vendor Analysis The competitive scenario in the coding and marking market is intensifying. Market leaders are providing high-quality products with additional features such as RFID system, QR codes required to enhance the performance of the product, while local vendors are providing less expensive product equipped with basic features. Further, the market is witnessing consolidation as small entities are getting acquired or merged with major players. Global and local vendors are competing, especially in terms of features such as quality, technology, and pricing. Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition 4.1.1 Inclusions 4.1.2 Exclusions 4.2 Base Year 4.3 Scope of the study 4.4 Market Segments 4.4.1 Market Segmentation by End-user Type 4.4.2 Market Segmentation by Technology Type 4.4.3 Market Segmentation by Product Mix 4.4.4 Market Segmentation by Geography 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation 6 Market at A Glance 7 Introduction 7.1 Overview 8 Market Dynamics 8.1 Market Growth Enablers 8.1.1 Rising Instances of Product Recalls 8.1.2 Demand-centric Innovative Offerings 8.1.3 Upswing in Flexible Packaging 8.1.4 Regulations Driving Adoption across End-users 8.2 Market Growth Restraints 8.2.1 Increasing Product Counterfeiting 8.2.2 Volatility in Raw Material Costs 8.2.3 Operational Errors & High Costs 8.3 Market Opportunities & Trends 8.3.1 Leverage Diverse Trade Platforms 8.3.2 Strategic Collaborations: The Way Ahead 8.3.3 Capitalizing on Laser Coding Potential 8.3.4 Integrating with Industry 4.0 9 Value Chain Analysis 9.1 Value Chain Overview 9.1.1 Stakeholders as Driving Forces 9.2 Value Chain Analysis 9.2.1 Raw Materials 9.2.2 Manufacturers 9.2.3 Distributors/Dealers 9.2.4 Retailers 9.2.5 End-users 10 Global Coding And Marking Market 10.1 Market Overview 10.1.1 Historical Data 2016-2017 10.2 Market Size & Forecast 10.3 Markey By Package Coding 10.3.1 Market Size & Forecast 10.4 Porter's Five Forces Analysis 11 By End-User Segmentation 11.1 Market snapshot & Growth Engine 11.2 Market Overview 11.3 Food & Beverages 11.3.1 Market Size & Forecast 11.4 Healthcare 11.5 Electrical & Electronics 11.6 Chemicals & Construction 11.7 Automotive & Aerospace 11.8 Others 12 By Technology Segmentation 12.1 Market Snapshot & Growth Engine 12.2 Market Overview 12.3 CIJ Technology 12.3.1 Market Size & Forecast 12.4 Laser Technology 12.5 Palm Technology 12.6 TTO Technology 12.7 PIJ Technology 12.8 VIJ Technology 12.9 TIJ Technology 13 By Product Mix 13.1 Market snapshot & Growth Engine 13.2 Market Overview 13.3 Market Size & Forecast 14 By Geography 14.1 Market snapshot & Growth Engine 14.2 Overview Competitive Landscape Major Vendors
Prominent Players
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