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Coding and Marking Market - Global Outlook and Forecast 2017 - 2022
This report includes market data points, ranging from trend
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| Geographic Analysis | |
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Coding and marking equipment are used to print product-specific details on the product. These details are to provide end-users and manufacturers authentic information about the product. Coding includes the printing of manufacturing dates, expiry dates, and the size of the packaged lot among other details. Printing of codes or marks printed on products helps manufacturers to reduce the risk of counterfeiting and protect the brand image among end-users.
The global coding and marking market is likely to reach $6 billion by 2022, growing at CAGR of 6.25% during the forecast period. The overall market growth is highly correlated to the growth of the global packaging industry. Since the global packaging industry is growing at a steady rate of approximately 5% annually, the global market is also experiencing high growth.
Coding and Marking Market Size in Revenue
The report provides a holistic view of the global coding and marking market, the companies involved in the market, and the factors driving its growth. The report also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.
Coding and Marking: Market Key Vendor Analysis
Vendors providing high-quality products to penetrate the market
The competitive scenario in the global market is currently intensifying. Market leaders are providing high-quality products with additional features such as RFID system, QR codes required to enhance the performance of the products, while local vendors such as Macsa ID and Iconotech are providing inexpensive product offerings with basic features. Major vendors in the global market are Brother Industries, Danaher, Dover, Hitachi, and ITW.
Other prominent vendors in the market include Control Print, ID Technology, Iconotech, Inkjet, Keyence, Macsa, Matthews International, Paul Leibinger, SATO Holdings, Squid Ink, Universal Labeling Systems, Weber Marking Systems, and Xaar.
Coding and Marking: Market Dynamics
Innovation in products likely to drive the market
Increased manufacturing coding and marking equipment that are more graphic in nature, high demand from pharmaceutical, cosmetic, and food and beverage industries are among the leading factors that are going to accelerate the growth of the global market. The need for product identification and brand protection is increasing everyday among vendors worldwide. Manufacturers are encouraged to adopt coding and marking techniques to print product-specific information on packaged goods to protect the interests of end-users this trend is going to drive the market during the forecast period.
High impact of internet that helps end-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 among the emerging trends are likely to drive the market worldwide.
Coding and Marking Market: Segmental Overview
Inkjet technology to dominate the market
The laser and TIJ coding and marking technology segments are expected to gain the market share during the forecast period. Inkjet technology to constitute almost 40% of the global market share in 2022. The CIJ segment is likely to lose its market share marginally to other technologies during the forecast period. However, these can be overcome due to its easy availability and high penetration within the market.
The food and beverage segment will continue to hold the largest share of the market (50.71%) till 2022. It will be followed by the healthcare segment.
Coding and Marking Market: Geographical Analysis
APAC is the fastest growing market
The report provides the market size of major regions such as APAC, Western Europe, Eastern and Central Europe, Latin America, MEA, and North America. The market in APAC is expected to witness a rapid growth rate due to high demand for coding and marking equipment in various end-user industries during the forecast period. APAC is also the fastest growing region in the global coding and marking market. The region is likely to remain the leader during 2016–2022. North America will be the second largest market during the forecast period. Legislations and industry mandates are expected to drive the global coding and marking market.
View the latest report on Global Coding and Marking Market 2018-2023
Frequently Asked Questions
The global coding and marking market is likely to reach $6 billion by 2022, growing at CAGR of 6.25% during the forecast period.
Increased instances of product counterfeiting and government regulations that mandate the printing of product-specific information on packets are fueling the demand for coding and marking services and helping the market to grow worldwide. The CIJ technology will dominate the market in 2022. Increased popularity of TIJ and laser technologies is giving tough competition to CIJ technology. Though the food and beverage segment is going to be a dominant end-user segment, the healthcare segment is expected to register the highest growth rate during the period. The APAC region is expected to remain as the leading coding and marking market.
Global Coding and Marking Market Growth Potential by Geography 2016
Report Timeline
- Historic Year: 2014–2015
- Base Year: 2016
- Forecast Year: 2017–2022
Major vendors profiled in the report are as following:
- Brother Industries
- Danaher
- Dover
- Hitachi
- ITW
Other prominent vendors in the market include Control Print, ID Technology, Iconotech, Inkjet,Keyence, Macsa, Matthews International, Paul Leibinger, SATO Holdings, Squid Ink, Universal Labeling Systems, Weber Marking Systems, and Xaar.
Scope of the Report
The report considers the present scenario of the global coding and marking market and includes a detailed study of growth drivers, trends, and restraints. It also profiles the leading vendors in the market and other key vendors.
The sale of major coding and marking equipment vendors was aggregated to arrive at an estimate of the market size in terms of volume. The same approach is used to calculate the market size in terms of revenue. An estimated 85–90% of the equipment providers’ capacities are mapped and considered in the calculations.
The report takes into consideration the sale of coding and marking and spares to the first-time buyers from various end-user segments, including individuals, hospitals, medical centers, and commercial clients. The sale was considered across various sales channels, including direct sales – online and offline.
The report provides the analysis of the key segments of the market by technology, end-user, geography, country, and vendors. It also provides a detailed analysis of the market size and revenue forecast. It provides the detailed market revenue of each segment such as
Technology Type
- Continuous Ink Jet Printer (CIJ)
- LASER
- Piezo Ink Jet Printer (PIEZO)
- Print and Apply Labelling Products (PALM)
- Thermal Ink Jet Printer (TIJ)
- Thermal Transfer Overprinting Printer (TTO)
- Valve Jet Printer (VIJ)
End Users
- Food and beverage
- Healthcare
- Electricals and electronics
- Chemicals and constructions
- Others
Major Geography
- APAC
- Eastern Europe and Central Europe
- Latin America
- MEA
- North America
- Western Europe
Key Countries
- Argentina
- Brazil
- Canada
- China
- France
- Germany
- India
- Japan
- Mexico
- UK
- US
List of Exhibits
Exhibit 1 Segmentation of Coding and Marking Market
Exhibit 2 Market Size Calculation
Exhibit 3 Market Size Calculation
Exhibit 4 Application of Coding and Marking through Various Stages of Value Chain
Exhibit 5 Types of Coding and Marking on Various Products
Exhibit 6 Hot-rolled Steel Price in Western Europe ($ per metric ton)
Exhibit 7 Steel: Global Average Price Fluctuation (% change)
Exhibit 8 Increasing Influence of Internet on Buyers’ Behavior
Exhibit 9 Coding and Marking Market – Value Chain Analysis
Exhibit 10 Global Coding and Marking Market 2016–2022 ($ millions)
Exhibit 11 Market Lucrativeness by End-user Industries
Exhibit 12 Global Coding and Marking Growth Potential by Geography 2016
Exhibit 13 Global Coding and Marking Market by Product Mix 2016
Exhibit 14 Global Coding and Marking Market by Package Coding 2016–2022 ($ millions)
Exhibit 15 Five Forces Analysis 2016
Exhibit 16 Global Coding and Marking Market by Technology
Exhibit 17 Global Coding and Marking Market by Technology ($ millions)
Exhibit 18 Comparison of Coding and Making Technology Growth Rate 2016–2022
Exhibit 19 Coding and Marking Market by CIJ Technology ($ millions)
Exhibit 20 Coding and Marking Market by Laser Technology ($ millions)
Exhibit 21 Coding and Marking Market by PALM Technology ($ millions)
Exhibit 22 Coding and Marking Market by TTO Technology ($ millions)
Exhibit 23 Coding and Marking Market by PIJ Technology ($ millions)
Exhibit 24 Coding and Marking Market by VIJ Technology ($ millions)
Exhibit 25 Coding and Marking Market by TIJ Technology ($ millions)
Exhibit 26 Coding and Marking Market Lucrativeness by Technology 2022
Exhibit 27 Global Coding and Marking Market by End-user Industries
Exhibit 28 Global Coding and Marking Market by End-user Industry 2016 and 2022
Exhibit 29 Global Coding and Marking Market by End-user Industries 2016–2022 ($ millions)
Exhibit 30 Market Share of Global Coding and Marking Market by Geography 2016 and 2022
Exhibit 31 CAGR Comparison of Key Geographies
Exhibit 32 APAC Coding and Marking Market Size and Forecast ($ millions)
Exhibit 33 Increase in Urban Population in APAC (Overall Population %) 2005−2045
Exhibit 34 Gross Domestic Savings of China, India, and South Korea (percentage of income)
Exhibit 35 Comparison of Southeast Asian Countries with Income Brackets 2010−2025
Exhibit 36 Income Breakup of Urban Households in China 2010−2020
Exhibit 37 APAC Coding and Marking Market Size by Key Countries 2016
Exhibit 38 APAC Coding and Marking Market Size and Forecast: Key Countries ($ millions)
Exhibit 39 North America Coding and Marking Market Size and Forecast ($ millions)
Exhibit 40 Change in US GDP Growth Rate (Q1 2006 − Q2 2016)
Exhibit 41 Industrial Production in US (%)
Exhibit 42 Annual Saving Ratio of US
Exhibit 43 North America Coding and Marking Market Size by Key Countries 2016
Exhibit 44 North America Coding and Marking Market Size and Forecast: Key Countries ($ millions)
Exhibit 45 Western Europe Coding and Marking Market Size and Forecast ($ millions)
Exhibit 46 Annual Saving Ratio of Western European Countries
Exhibit 47 Changes in Per Capita Disposable Income in EU-28 Countries
Exhibit 48 Change in Annual Household Disposable Income in Europe 2008−2015 (%)
Exhibit 49 Western Europe Coding and Marking Market Size by Key Countries 2016
Exhibit 50 Western Europe Coding and Marking Market Size and Forecast: Key Countries ($ million)
Exhibit 51 Latin America Coding and Marking Size and Forecast ($ millions)
Exhibit 52 Latin America Food and Beverage Market Size and Forecast ($ millions)
Exhibit 53 Latin America Coding and Marking Market Size by Country 2016
Exhibit 54 Latin America Coding and Marking Market Size and Forecast: Key Countries ($ millions)
Exhibit 55 MEA Coding and Marking Market Size and Forecast ($ millions)
Exhibit 56 MEA Coding and Marking Market Size by Key Countries 2016
Exhibit 57 Eastern and Central Europe Coding and Marking Size and Forecast ($ millions)
Exhibit 58 Overview of Market Concentration in Various Geographies 2016 (as illustrated by HHI)
Exhibit 59 Market Share Analysis 2016
Exhibit 60 Venn Representation of Vendors in Global Coding and Marking Market 2016
Exhibit 61 Business Segmentation of Danaher by Revenue 2016
Exhibit 62 Danaher: Product Identification Market Revenue by Geography 2016
Exhibit 63 Business Segmentation of Dover by Revenue 2016
Exhibit 64 Revenue of Dover’s Engineered Systems Segment by Geography 2016
Exhibit 65 Business Segmentation of Brother Industries by Revenue 2016
Exhibit 66 Business Segmentation of Hitachi Industrial Equipment Systems by Revenue 2016
Exhibit 67 Business Segmentation of ITW by Revenue 2016
List of Tables
Table 1 Key Geographies Definition
Table 2 Key Caveats
Table 3 Currency Conversion 2013−2016
Table 4 Food Product Recalls by USFDA and Cause for the Same 2012–2014
Table 5 YOY Impact of Market Growth Enablers
Table 6 Impact of Market Growth Enablers on Geographies
Table 7 YOY Impact of Market Restraints
Table 8 Impact of Market Restraints on Geographies
Table 9 Mergers and Acquisitions in Coding and Marking Industry
Table 10 R&D Investment by Coding and Marking OEMs
Table 11 YOY Impact of Market Trends & Opportunities
Table 12 Impact of Market Restraints on Geographies
Table 13 Product Offering by Danaher
Table 14 Major Product Offering by Dover
Table 15 Major Product Offerings by Brother Industries
Table 16 Major Product Offerings by Hitachi
Table 17 Major Product Offerings by Diagraph
Table 18 Major Product Offerings by FoxJet
Table 19 Qualitative Summary of Global Coding and Marking Market
Table 20 Quantitative Summary of Global Coding and Marking Market by Geography ($ million)
Table 21 Qualitative Summary of Global Coding and Marking by Geography (%)
Table 22 Quaitative Summary of Primary Coding and Marking Equipment ($ millions)
Table 23 Qualitative Summary of Primary Coding and Marking Equipment (%)
Table 24 Qualitative Summary of Global Coding and Marking Market by Secondary/Tertiary Coding and Marking Equipment ($ million)
Table 25 Qualitative Summary of Global Coding and Marking Market Secondary/Tertiary Coding and Marking Equipment (%)
Table 26 Qualitative Summary of Global Coding and Marking Market by End-user Industry ($ million)
Table 27 Qualitative Summary of Global Coding and Marking Market by End-user Industry (%)
1 Research Methodology
2 Research objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Technology
4.3.2 Market Segmentation by End-User Industry
4.3.3 Market Segmentation by Product
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Currency Conversion rate
5.2 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Technology and Equipment
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Introduction of Innovative Products
8.1.2 High Demand from Pharmaceutical, Cosmetic, and Food and Beverage Industry
8.1.3 Increased Need for Product Identification and Brand Protection
8.2 Impact of Market Growth Enablers
8.3 Impact of Market Growth Enablers on Geographies
8.4 Market Restraint
8.4.1 Increased Raw Material Prices
8.4.2 Product Counterfeiting
8.4.3 Volatility of Application Industry
8.5 Impact of Market Restraints
8.6 Impact of Market Restraints on Geographies
8.7 Market Opportunities & Trends
8.7.1 High Influence of Internet over End-users' Purchasing Behavior
8.7.2 Increased Market Consolidation
8.7.3 Increased R&D Investment Resulting in Innovative Products
8.8 Impact of Market Trends & Opportunities
8.9 Impact of Market Trends & Opportunities
9 Value Chain Analysis
9.1 Coding and Marking in Supply Chain of an Organization
9.2 Stakeholders as Driving Forces
9.3 Value Chain Overview
9.3.1 Raw materials
9.3.2 Manufacturers
9.3.3 Distributors/Dealers
9.3.4 Retailers
9.3.5 End-user
10 Global Coding and Marking Market
10.1 market Overview
10.1.1 Market Size & Forecast
10.2 Product Mix Analysis
10.3 Global Coding and Marking Market by Package Coding
10.4 Porter’s Five Forces Analysis
10.4.1 Threat of New Entrants
10.4.2 Bargaining Power of Suppliers
10.4.3 Bargaining Power of Buyers
10.4.4 Threat of Substitutes
10.4.5 Competitive Rivalry
11 Coding and Marking Market by Technology
11.1 Market Overview
11.2 CIJ Technology
11.2.1 Market Size and Forecast
11.3 Laser Technology
11.3.1 Market Size and Forecast
11.4 PALM Technology
11.4.1 Market Size and Forecast
11.5 TTO Technology
11.5.1 Market Size and Forecast
11.6 PIJ Technology
11.6.1 Market Size and Forecast
11.7 VIJ Technology
11.7.1 Market Size and Forecast
11.8 TIJ Technology
11.8.1 Market Size and Forecast
12 Coding and Marking Market by Application
12.1 Market Overview
12.1.1 Food and Beverage Industry
12.1.2 Healthcare Industry
12.1.3 Electrical and Electronics Industry
12.1.4 Chemicals and Construction Industry
13 Coding and Marking Market – By Geography
13.1 Market Overview
14 Coding and Marking Market in APAC
14.1 Market Size and Forecast
14.2 Key Countries
15 North America: Coding and Marking Market
15.1 Market size and Forecast
15.2 Key Countries
16 Western Europe: Coding and Marking Market
16.1 Market Size and Forecast
16.2 Key Countries
17 Latin America: Coding and Marking Market
17.1 Market Size and Forecast
17.2 Key Countries
18 MEA: Coding and Marking Market
18.1 Market Size and Forecast
18.2 Key Countries
19 Eastern and Central Europe: Coding and Marking Market
19.1 Market size and Forecast
20 Competitive Landscape
20.1 Competition overview
20.2 Market Structure and Mapping of Competition
20.2.1 Herfindahl-Hirschman Index
20.3 Market Share Analysis
20.3.1 Global Coding and Marking Market Vendors 2016
20.3.2 Dover
20.3.3 Danaher
20.3.4 Brother Industries
20.3.5 Hitachi Industrial Equipment Systems
20.3.6 ITW
20.4 Competitive Landscape: Venn Diagram Representation
21 Key Company Profiles
21.1 Danaher
21.1.1 Business Overview
21.1.2 Business Segments
21.1.3 Danaher in Coding and Marking Market
21.1.4 Product Identification Business by Geography
21.1.5 Major Product Offerings
21.1.6 Key Strategies
21.1.7 Key Strengths
21.1.8 Key Opportunities
21.2 Dover
21.2.1 Business Overview
21.2.2 Business Segments
21.2.3 Dover in Coding and Marking Market
21.2.4 Engineered Systems Segment Revenue by Geography
21.2.5 Major Product Offerings
21.2.6 Key Strategies
21.2.7 Key Strengths
21.2.8 Key Opportunities
21.3 Brother Industries (Domino)
21.3.1 Business Overview
21.3.2 Business Segments
21.3.3 Brother Industries in Coding and Marking Market
21.3.4 Major Product Offerings
21.3.5 Key Strategies
21.3.6 Key Strengths
21.3.7 Key Opportunities
21.4 Hitachi Industrial Equipment Systems
21.4.1 Business Overview
21.4.2 Business Segments
21.4.3 Hitachi Industrial Equipment Systems in Coding and Marking Market
21.4.4 Major Product Offerings
21.4.5 Key Strategies
21.4.6 Key Strengths
21.4.7 Key Opportunities
21.5 ITW
21.5.1 Business Overview
21.5.2 Business Segments
21.5.3 ITW in Coding and Marking Market
21.5.4 Major Product Offerings
21.5.5 Key Strategies
21.5.6 Key Strengths
21.5.7 Key Opportunities
22 Other Prominent Companies
22.1 Control Print
22.1.1 Company Overview
22.1.2 Products Offered
22.1.3 Strategy
22.2 Iconotech
22.2.1 Company Overview
22.2.2 Products Offered
22.2.3 Strategy
22.3 ID Technology
22.3.1 Company Overview
22.3.2 Products Offered
22.3.3 Strategy
22.4 InkJet
22.4.1 Company Overview
22.4.2 Product Offered
22.4.3 Strategy
22.5 KEYENCE
22.5.1 Company Overview
22.5.2 Products Offered
22.5.3 Strategy
22.6 Macsa ID
22.6.1 Company Overview
22.6.2 Products Offered
22.6.3 Strategy
22.7 Matthews International
22.7.1 Company Overview
22.7.2 Products Offered
22.7.3 Strategy
22.8 Paul Leibinger
22.8.1 Company Overview
22.8.2 Product Offered
22.8.3 Strategy
22.9 SATO Holdings
22.9.1 Company Overview
22.9.2 Product Offered
22.9.3 Strategy
22.1 Squid Ink
22.10.1 Company Overview
22.10.2 Product Offered
22.10.3 Strategy
22.11 Universal Labeling Systems
22.11.1 Company Overview
22.11.2 Product Offered
22.11.3 Strategy
22.12 Weber Marking Systems
22.12.1 Company Overview
22.12.2 Products Offered
22.12.3 Strategy
22.13 Xaar
22.13.1 Company Overview
22.13.2 Products Offered
22.13.3 Strategy
23 Report Summary
23.1 Key Takeaways
23.2 Strategic Recommendation
23.3 Qualitative Summary of Global Coding and Marking Market
23.4 Quantitative Summary of Global Coding and Marking Market
24 Appendix
24.1 List of Abbreviations
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Frequently Asked Questions
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