Global Inkjet Coders Market - Forecasts from 2019 to 2024

Global inkjet coders market is projected to grow at a CAGR of 14.73% during the forecast period, reaching a total market size of US$3.921 billion in 2024 from US$1.719 billion in 2018. Inkjet Coders are non- contact printing coders that can generate dates, batch numbers, company's logo and etc. to a variety of packaging products including containers, carton labels, plastic materials and etc. Rising emphasis on product traceability, anti-counterfeiting strategies and compliance with stringent labeling regulation are the major factors that have driven the inkjet coders market. Rapidly growing retail sector and increasing demand for FMCG products due to favorable demographic and socio-economic factors such as growing population, fast-paced urbanization, and rise in the standard of living are the factors that have driven the growth of coding and marking market and in turn, have driven the inkjet coders market. Inkjet coders are preferred by various industries due to their cost-effectiveness and ease of use. The market is expected to grow at an impressive rate over the forecast period owing to the technological development in inkjet coders such as advancement in software that controls and monitors ink viscosity and automatic flush systems that help save time by stopping and cleaning the daily print head. However, the high maintenance cost of inkjet coders might restraint the growth of this market. Geographically, the Global Inkjet coders market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific, and South America. North America. Europe and Asia-pacific are the major regions that dominate the market. Growth in the disposable income of people in Europe countries, rise in demand for convenience food and increasing awareness of packaged food among consumers are the major factors that have contributed to the growth of the market in Europe.

The “Global Inkjet Coders Market- Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product type, end-user industry, and geography.

The global inkjet coders market segmented based on product type, end-user industry, and geography. By product type, the market has been segmented into continuous inkjet coders, laser inkjet coders, thermal inkjet coders, and high-resolution inkjet coders. By the end-user industry, the market has been segmented into food & beverage, automotive, electrical components & electronics, pharmaceuticals, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the global inkjet coders market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global inkjet coders market.

Segmentation

The global inkjet coders market has been analyzed through the following segments:

By Product Type

• Continuous Inkjet Coders
• Laser Inkjet Coders
• Thermal Inkjet Coders
• High-Resolution Inkjet Coders

By End-User Industry

• Food & Beverage
• Automotive
• Electrical Components & Electronics
• Pharmaceuticals
• Others

By Geography

North America

• USA
• Canada
• Mexico

South America

• Brazil
• Argentina
• Others

Europe

• Germany
• France
• United Kingdom
• Spain
• Others

Middle East and Africa

• Israel
• Saudi Arabia
• Others

Asia Pacific

• China
• Japan
• South Korea
• India
• Others