Coding & Marking Market Growth Drivers:
Surging Applications of Inkjet Printers:
An industrial Continuous Inkjet (CIJ) printer is utilized for coding and marking products and packaging during production and packaging processes. Principally, variable data is printed. Conventional applications include expiry dates, batch and production information, serial numbers and promotional codes. By reliably coding each product, continuous inkjet printers can assist in guaranteeing high overall equipment effectiveness (OEE). Typical applications of continuous inkjet printers involve bottles, cans, sachets, films and foil, pipes, profiles, cables and wires. Thermal inkjet printers involve compact units which are maintenance-free, mess-free and need minimal downtime. Thermal inkjet printers can be smoothly combined into the production line beside current machinery to print variable information like date codes, batch numbers and 1D/2D barcodes. The Rotech Thermal Inkjet Printer has a high-speed capability of up to 240m/min. The surging applications of Inkjet Printers are therefore driving the growth of the Coding & Marking Market.
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Soaring Benefits of Laser Printers:
From a performance perspective, the anti-counterfeiting impact of laser printers is 20% higher than inkjet printers. The information printed by the laser code machine is directly marked on the product surface. The marking has a rare visual impact. The marking is clear-cut and permanent and cannot be deleted or altered. The working condition of the laser printer is superior. Their operating cost is also much lower than inkjet printers. Laser code printers are more environmentally friendly and more secure. The soaring benefits of laser printers are therefore propelling the growth of the Coding & Marking Industry, thereby contributing to the Coding & Marking Industry Outlook.
Danaher Corporation gained a distribution business of Marking and Coding assets from JaGa spol. s r.o for CZK 240 million on November 1, 2021. Miroslav Dubovský of DLA Piper Prague LLP served as legal advisor to Danaher Corporation.
Coding & Marking Market: Competitive Landscape