Over the years, the coding and marking industry has undergone significant evolution. With ramping up of production across end-user industries along with the growing need to compete in the global market, the demand for effective coding and marking solutions has become essential. Further, several regulatory policies associated with the coding and marking up of products across regions play a crucial role in shaping the growth of the industry. The market is innovation-driven and requires vendors to consistently come up with strategic and innovative offerings.

Integrating with Industry 4.0 and Adopting Industrial Internet of Things (IIoT)

  • Domino Printing Sciences launched Ax-Series CIJ printer that has several sensors for enabling proactive and predictive diagnostics, automating system monitoring, connection to cloud platform (Domino Cloud) and other remote service support functions.

Industry 4.0 is gradually penetrating and defining the global coding and marking market. Data exchange and automation are the key trends in Industry 4.0. Modern day manufacturing is undergoing a series of transformations, and coding and marking vendors are also matching up with the latest industry practices. Updating services and solution offerings in tandem with the improvising industry practices is set to be a key to grow in the coming years.

Industrial Internet of Things (IIoT) is an upcoming trend, which helps to engage coding and marking solutions with real-time machine integration in the production plants, thereby enabling smooth flow of data exchange. It helps to reduce the error or coding malfunctions comprehensively. Further, vendors are catching up with the current transformation in manufacturing under industry 4.0 to deliver integrated solutions. Also, end-users are constantly witnessing shift toward attaining 100% automated manufacturing.

Capitalizing Upon Laser Coding Potential

  • Laser coding solutions are becoming popular among industries such as cosmetics, personal care, food and beverages, and automotive.

Laser coding is one of the recent developments in the coding and marking market worldwide. It has witnessed a sharp rise in demand largely due to its feasibility across a wide range of end-user industry applications. It is also rising in popularity owing to its ability of reducing production downtime while boosting productivity. Coding and marking play a vital role in the food and beverages industry worldwide. With the growth in the sector holistically across the globe, the demand for appropriate coding and marking solutions becomes imminent. The emergence of new potential markets across geographies and multiplication of stock keeping units has further propelled growth of the sector. This rise of the sector is further backed via increased consumer spending across the sector.

Hence, the demand for these solutions is set to grow in the years, backed by evolving trends. Vendors can consider entering into collaborations with F&B sector companies based upon their requirements. Vendors even consider offering customized and innovative options.

Read: Coding and Marking Market - Global Outlook and Forecast 2019-2024

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