As per the research, the global coding andmarking market is expected to grow from $2,879.9 million in 2016 to $5,310.5 million
by 2023. The rapidly growing food and beverages and healthcare industry
especially in emerging economies of India, China, Brazil is generating
significant demand for coding and marking. Different software and coders are
designed to create a different mark for every product, which makes them easy to
track during transportation. The technically-advanced products are likely to
attract manufacturing and packaging companies thus fuel growth in the market.
Browse More Information On Coding And Marking Market: https://www.psmarketresearch.com/market-analysis/coding-and-marking-market
As per the findings of research, the global coding and marking market has been segmented into end-use, technology, and region. In 2016, coding market for food and beverages accounted for the largest share in global coding and marking market. On the other hand, continuous inkjet printer segment is expected to dominate the global coding and marking market on the basis of technology. Additionally, the positive growth in cosmetics, chemical and food and beverage industries is driving the packaging market across the world, which is expected to support further growth in the coding and marking market worldwide.
Asia-Pacific and Europe were the major regions in the global coding and marking market in 2016. The regions are expected to dominate the global market during the forecast period. China, India, Japan and South Korea are witnessing significant increase in the use of liquid packaging in food and beverages industry, which is driving the growth of coding and marking market. Additionally, the growth in the pharmaceutical market in Asia-Pacific has spurred growth in the pharmaceutical packaging and coding and market.
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The coding and marking market is majorly dominated by tier 1 and tier 2 players having presence across the globe. Some of the major players involved include Danaher Corporation, ID Technology LLC, Inkjet, Inc., Hitachi Industrial Equipment Systems Co., Ltd., and Dover Corporation.
Get More Information Visit: P&S Market Research
Browse More Information On Coding And Marking Market: https://www.psmarketresearch.com/market-analysis/coding-and-marking-market
As per the findings of research, the global coding and marking market has been segmented into end-use, technology, and region. In 2016, coding market for food and beverages accounted for the largest share in global coding and marking market. On the other hand, continuous inkjet printer segment is expected to dominate the global coding and marking market on the basis of technology. Additionally, the positive growth in cosmetics, chemical and food and beverage industries is driving the packaging market across the world, which is expected to support further growth in the coding and marking market worldwide.
Asia-Pacific and Europe were the major regions in the global coding and marking market in 2016. The regions are expected to dominate the global market during the forecast period. China, India, Japan and South Korea are witnessing significant increase in the use of liquid packaging in food and beverages industry, which is driving the growth of coding and marking market. Additionally, the growth in the pharmaceutical market in Asia-Pacific has spurred growth in the pharmaceutical packaging and coding and market.
Ask For Sample Pages: https://www.psmarketresearch.com/market-analysis/coding-and-marking-market/report-sample
The coding and marking market is majorly dominated by tier 1 and tier 2 players having presence across the globe. Some of the major players involved include Danaher Corporation, ID Technology LLC, Inkjet, Inc., Hitachi Industrial Equipment Systems Co., Ltd., and Dover Corporation.
Get More Information Visit: P&S Market Research
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