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    Coding And Marking Equipment Market Report

    Coding And Marking Equipment Market Report
    Report code - SR1144 Delivery - 2 Weeks
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    Coding and Marking Equipment Market, Dynamics, Trends, Market Insights
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    Impact of COVID-19 on Coding And Marking Equipment Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Coding And Marking Equipment Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Coding and Marking Equipment market is projected to grow from USD xx billion in 2020 to USD xx billion by 2028 at a CAGR of around 7.1% during the forecast period.

    Figure: Coding and Marking Equipment Market Size, 2020-2028 (USD Billion)

    Coding-and-Marking-Equipment-Market-Forecast

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    What is Coding and marking equipment?

    A coding and marking equipment is a machine that is designed for marking bottles, glass jars, beverage cans, and plastic bottles among others. It can be made using various technologies including CIJ printing and coding, laser coding and marking, TIJ printing, and DOD printing among others.

    Key Players

    Key players operating in the Coding and Marking Equipment market are-

    • Danaher Corporation (The U.S),
    • Domino Printing Sciences PLC (UK),
    • Dover Corporation (The U.S),
    • Hitachi, Ltd (Japan),
    • Inkjet Inc. (The U.S),
    • Matthews International Corporation (The U.S),
    • Paul Leibinger GmbH & Co. KG (Germany),
    • Pro Mach, Inc. (The U.S),
    • REA Elektronik GmbH (Germany), and
    • SATO Holdings Corporation (Japan).

    Market Dynamics

    Growing consumption of packaged food products and beverages is likely to propel market growth at a significant rate during the review period.

    • The growth of the global coding and marking equipment market is primarily driven by expanding growth of the food and beverage industry.
    • Increasing government regulations pertaining to proper labelling of food & beverages is likely to augment the market growth further.
    • In addition to this, the growing demand for advanced coding and marking equipment is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    Segment's Analysis

    Application Trends

    By application, the coding and marking equipment market has been bifurcated into food and beverage, healthcare, industrial, and others.

    • Under these, the food & beverage segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period.
    • The segment growth can be attributed to the significant growth of the food & beverage industry globally.

    Regional Trends

    By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period.

    • The regional growth can be attributed to the increasing growth of food & beverages and healthcare among others.
    • The market in North America is expected to be driven by increasing demand for advanced marking equipment in the end-use industries.

    COVID-19 Impact on Coding and Marking Equipment Market

    Covid-19 outbreak impacted the growth of the coding and marking equipment market negatively. The spread of coronavirus led to enforcement of lockdown to curb the spread of virus. This led to travel restrictions and supply chain disruptions, which in turn affected the market growth further.

    Critical Questions Answered in the Report

    • What are the key trends in the Coding and Marking Equipment market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Coding and Marking Equipment market?
    • What are the key strategies adopted by the major vendors to lead in the Coding and Marking Equipment market?
    • What is the market share of the top vendors?

    Target Audience

    The following is a list of the customers that the Coding and Marking Equipment market aims to convert the most:

    • Coding and marking equipment distributors
    • Coding and marking equipment suppliers
    • Coding and marking equipment manufacturers
    • Logistics organizations
    • Government bodies

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    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The coding and marking equipment market is expected to witness impressive growth of 7.1% CAGR in the coming years.

    Danaher Corporation (The U.S), Domino Printing Sciences PLC (UK), Dover Corporation (The U.S), Hitachi, Ltd (Japan), Inkjet Inc. (The U.S), Matthews International Corporation (The U.S), Paul Leibinger GmbH & Co. KG (Germany), Pro Mach, Inc. (The U.S), REA Elektronik GmbH (Germany) and SATO Holdings Corporation (Japan) are among the key players in the coding and marking equipment market.

    Expanding growth of the food and beverage industry, increasing government regulations pertaining to proper labelling of food & beverages are the factors driving the growth of coding and marking equipment market.

    The food & beverage segment accounted for the largest share in the coding and marking equipment market.

    Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR.

    Coding and marking equipment distributors, Coding and marking equipment suppliers, Coding and marking equipment manufacturers, Logistics organizations, Government bodies are the target audience in the coding and marking equipment market.

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