The Scope of the Report
Global inkjet coders market was valued at USD 1,431 Million in 2019 and is expected to reach over USD 2,181 Million by 2026, growing at a CAGR of around 6.2% during the forecast period from 2020 to 2026.
Because of the increased emphasis on anti-counterfeiting methods, compliance with demanding labelling regulations, and product traceability, the market is likely to see incremental growth in demand. Non-contact printing coders, such as inkjet coders market, are used to print dates, batch numbers, and time on a range of packing materials such containers and cartons.
Food and beverage, personal care items, electronics, automotive, and pharmaceutical industries all utilize these codes extensively. Inkjet technology involves forcing ink into the print head using artificial pressure stimulation, and it may be used to mark both flat and curved surfaces. The decreasing cost of these printers is predicted to have a direct positive impact on global demand for inkjet coders.
The top Leading Market Players Covered in this Report are : Rynan Technologies, Squidink, HP, Markem-Imaje, Linx Printing Technologies, KGK Jet India Private Limited, Xaar Plc, Videojet Technologies Inc., Kiwi Coders Corp., and Hitachi Industrial Equipment Systems Co., Ltd. Among others.
With the advent of COVID-19, it is now more crucial than ever to understand its effects on overall market growth to make better decisions that will allow investors to stay ahead of the competition. Zion Market Research’s most recent report included a thorough influence analysis of the COVID-19 pandemic on the current market situation, its impact on overall profit-making.
Market Segmentation By Types – Continuous Inkjet (CIJ), Laser, Thermal Transfer Over Printer (TTO), Thermal Inkjet Coder (TIJ), And Large Character Inkjet Coder (LCM)
Market Segmentation By Application – Food Industry, Medical Industry, Cosmetic Industry, Packaging Industry, Automobile Industry, And Others
Global Inkjet Coders market Witness Most Promising Rise in Demand
According to a recent industry analysis published by Zion Market Research, the worldwide Inkjet Coders market would grow at a healthy rate throughout the forecast year. Rapid technological advancements, rising investment in research & development, and rising demand from a variety of end-users are just a few of the factors that will propel the global Inkjet Coders industry forward. The research focuses on important market categories and geographies, providing in-depth information on the latest trends, revenue, and prospects in the global Inkjet Coders market.
The most recent market research provides a detailed study of ten leading industry players who control about half of the Inkjet Coders market. These market participants were chosen based on market share, business categories, net revenue, product portfolio, R&D investment, subsidiaries, and geographic presence, among other variables. Investors will benefit from a detailed analysis of significant market participants to better understand the current market situation, industry rivalry, market-dominating businesses, and their future investment plans. This will aid investors who are already in the market or who are planning to enter it in order to make better decisions.
The report examined various market segments in order to provide a comprehensive picture of the industry. The segment analysis is based on in-depth research of current market trends, product demand, and future trends that will propel a certain market segment’s growth throughout the forecast period. Investors might focus on a certain market sector that will contribute to the organization’s speedy growth by studying the nuances of market segments.
Major geographical regions such as North America, Europe, Asia Pacific, Latin America, the Middle East & Africa are covered in the global Inkjet Coders market study. The research looks at current & future growth forecasts, untapped markets at the country level, consumption scenarios, product demand, and market growth variables in the region.
The study on the global Inkjet Coders market by Zion Market Research was generated using extensive secondary research, which is backed up by primary research. All the data gathered through secondary research is a collection from reliable sources such as SEC filings, yearly reports, various institutions, and government websites. A top-down and bottom-up methodology has also been employed to forecast the market size of the worldwide Inkjet Coders market for the forecast period of 2021-2027. Furthermore, the research analyst has designed a report that will allow the user to readily comprehend the industry by employing an analytical method and a complete examination of the market.
Why should buy this report from Zion?
This recently published report on the global Inkjet Coders market enables users to comprehend competition analysis, key market segments, revenue sources, and current market trends. Each chapter in the study is arranged in a logical order to provide a better understanding of the market. Each of the statistical analyses presented in the study is backed up by data gathered from reliable sources, allowing for a clearer picture of the market.