The Coding & Marking Market size is estimated to reach $9.3 billion by 2028, growing at a CAGR of 8.5% during the forecast period 2023-2028. The growth of the Coding & Marking Market is greatly fueled by the proliferating growth of end-use industries and the increased need to include particular details of manufacturing and packaging data. With the surging development across end-use industries like healthcare, food and beverages, chemicals and construction, electrical and electronics and the automotive sector, product generation has become a crucial factor. This requires handling of a distinct inventory series which is fueling the growth of the Coding & Marking industry, thereby contributing to the Coding & Marking industry outlook. Particular details of manufacturing and packaging data, IoT number and expiry date need to be included. By Product Type, the Coding  And Marking Equipment Market include continuous inkjet printers, thermal inkjet printers and laser printers. 

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

Key companies holding major shares in the Coding & Marking Market are Danaher Corporation, Dover Corporation, Leibinger Group, Hitachi Industrial Equipment & Solutions America, LLC, Diagraph an ITW Company, Matthews Marking Systems, Inkjet Inc., Overprint Limited, ID Technology LLC and ATD Marking Systems.

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