Coding and Marking Systems Market (Size of USD 3.4 billion in 2017) to Witness 7.0% CAGR During 2018-2024 - PowerPoint PPT Presentation

About This Presentation
Title:

Coding and Marking Systems Market (Size of USD 3.4 billion in 2017) to Witness 7.0% CAGR During 2018-2024

Description:

The coding and marking systems market is projected to contribute USD 3.4 billion in 2017 and is expected to witness a CAGR of 7.0% during the forecast period 2018-2024. The rapid growth of this market is majorly attributed towards the benefits attained by coding and marking systems such as protection from existing counterfeits in the market. Additionally, during the process of logistics these systems are used for tracking the goods from manufacturing unit till the product is delivered to the end consumer. These codes are also beneficial for the manufacturers in developing brand image, enhancing safety concerns and in providing quality assurance to the consumers. – PowerPoint PPT presentation

Number of Views:67

less

Transcript and Presenter's Notes

Title: Coding and Marking Systems Market (Size of USD 3.4 billion in 2017) to Witness 7.0% CAGR During 2018-2024


1
Coding Marking Systems Market
enquiry_at_vynzresearch.com
www.vynzresearch.com
2
Industry Overview
  • Global coding and marking systems market is
    projected to contribute USD 3.4 billion in 2017
    and is expected to witness a CAGR of 7.0 during
    20182024. Coding and marking is considered to be
    the most vital part of manufacturing and
    logistics process in consumer and industrial
    products. It is the system that is extensively
    being used to print the details on the product
    and packaging relating to manufacturing date, lot
    size, expiry date and other details in order to
    disperse authentic information to the customers.
    Moreover, these systems enable the manufacturers
    to track the products along with enhanced focus
    of the manufacturers towards safety concerns,
    quality assurance of the product and brand
    establishment.
  • Explore Full Report Description at
    https//www.vynzresearch.com/chemicals-materials/c
    oding-and-marking-systems-market

3
market segmentation
  • On the basis of technology, the global coding and
    marking systems is segmented into continuous
    inkjet, thermal ink jet, print apply labelers,
    thermal transfer overprinting, laser coding and
    marking, drop on demand, and valve jet hot melt
    inkjet. Among all these segments continuous
    inkjet coding is extensively being adopted by the
    business organizations due to its affluence of
    installation. Furthermore, this technology is
    further projected to generate largest revenue
    during the estimated period and thermal transfer
    printers is expected to witness fastest growth
    during the forecast period.

4
Geographic Overview
  • Geographically, Asia Pacific is expected to
    witness fastest growth of 8.4 during the
    forecast period due to extensive growth in the
    retail and industrial domain. Additionally, the
    emerging country in this region such as India is
    expected to further elaborate the global of this
    market in the near future. The implementation of
    legislative norms by the government of various
    countries in the region is expected to combat the
    situation of rapid penetration of piracy and
    counterfeiting. According to a recent report, it
    has been observed that China Food and Drug
    Administration has introduced reform for
    labelling of prepackaged products according to
    that norm the manufacturers operating in food and
    beverage industry are required to adhere to
    certain norms such as inclusion of detailed
    information pertaining to name of the product,
    details of producer, storage condition,
    ingredients and identification of batch.
    Implementation of these regulatory reforms is
    thus driving the growth of this market in
    Asia-Pacific at a rapid pace.

5
Competition among key players
  • Some of the major players operating in the coding
    and marking systems industry are ATD Marking
    Systems, Danaher Corporation, Inkjet Inc, ID
    Technology, Hitachi Ltd, Diagraph Group, Matthews
    International Corporation, Dover Corporation,
    Overprint Packaging Ltd., and Domino Printing
    Sciences plc.

6

THANK YOU!
https//www.vynzresearch.com/chemicals-materials/c
oding-and-marking-systems-market/request-sample
enquiry_at_vynzresearch.com
www.vynzresearch.com
US/Canada Toll-Free 1-888-253-3960
Write a Comment
User Comments (0)
About PowerShow.com