Monday 3 September 2018

Indonesia Coding and Marking Systems Market Survey, Revenue, Growth, Trends Analysis And Forecast by 2023

The Indonesian coding and marking systems market is projected to reach $48.7 million by 2023. The market growth is mainly driven by the increasing demand for coding and marking systems in the food and beverage industry.

The Indonesian coding and marking systems market is categorized into continuous inkjet, laser coding and marking, thermal inkjet, drop-on-demand (DoD), print and apply labeling, thermal transfer overprinting (TTO), and others, where the “others” category includes valve jet and hot-melt inkjet. Of these, the fastest growth in the market during the forecast period is expected from laser coding and marking technology, with 11.6% CAGR in terms of volume. 


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the Indonesian coding and marking systems market is categorized into polyethylene terephthalate (PET) bottles, metal cans, flexible films and foils, rigid plastic containers, glass bottles and containers, paperboard, corrugated packaging, retail-ready packaging, shrink wrap, extrusions, plastic and rubber parts, wooden materials, metal parts, bags, and others, where “others” include trays, pouches, and cases. PET bottles were the largest application area of coding and marking systems in Indonesia, contributing more than 15.0% sales volume in the market in 2017. 

the Indonesian coding and marking systems market is categorized into food and beverage; tobacco; cosmetics, and personal and home care; electrical and electronics; automotive and aerospace; chemical; healthcare; building and construction; and others, where “others” include marine and military industries. Of these, food and beverage was the largest end-user category of coding and marking systems market in 2017, accounting for more than 30.0% market share in terms of revenue.

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The Indonesian coding and marking systems market in the food and beverage industry is classified into baked goods and cereals, beverages, candies and confectionery, dairy, eggs, fruits and vegetables, meat and poultry, pet food and animal feed, salty snacks, and others, where “others” include alcohol and grains. Besides, based of type, the market in the healthcare industry is bifurcated into pharmaceuticals and medical devices.

Some of the major players operating in the Indonesian coding and marking systems market are Domino Printing Sciences plc, Dover Corporation, Danaher Corporation, Koenig & Bauer Coding GmbH, KGK Marking Technologies Group, ANSER Coding Inc., Linx Printing Technologies, PT Samartha Solusi Indonesia, Matthews International Corporation, and Hitachi Ltd.

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