With the emergence and long-term Impact of COVID-19, Global Inkjet Coders Market to reach USD 2.72 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Inkjet Coders Market points towards a potential rise to USD 2.72 billion by 2030. Inkjet coders, also known as inkjet printers are devices that use inkjet technology to print or mark information on various surfaces. They are commonly used in industrial settings for product coding, labeling, and marking applications. The Inkjet Coders market is expanding because of factors such as increasing demand for FMCG products and growing number of pharmaceutical stores Inkjet coders have an ink supply system that contains the ink used for printing. The ink can be water-based, solvent-based, UV-curable, or other specialized formulations depending on the application requirements. Its importance has progressively increased during the forecast period 2023-2030.
Geographically, the global Inkjet Coders market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Europe dominated the market in 2022 owing to the presence of large manufacturing sectors across the different industry verticals. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising number of enterprises and growing governments norms regarding rapidly increasing piracy and counterfeiting.
The global Inkjet Coders market is highly competitive owing to the presence of several key manufacturers such as Markem-Imaje Linx Printing Technologies, KGK Jet India Private Limited Xaar Plc Videojet Technologies Inc, Kiwi Coders Corp Hitachi Industrial Equipment Systems Co., Ltd Domino Printing Sciences plc Media Data Systems Pte Ltd Shanghai Rottweil Handyware Printing Technology Co., Ltd, and others.
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Key findings of the study suggest:
- Global Inkjet Coders Market is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030.
- In Type, TIJ Coder emerged out as the leading market segment in 2023.
- Europe is anticipated to drive regional growth owing to increasing presence of large manufacturing sectors across the different industry verticals in the region.
- Asia Pacific is also expected to grow at higher rate during 2023-2030 owing to rising number of enterprises in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Type
- CIJ Coder
- DOD Inkjet Coder
- TIJ Coder
- Others
By Application
- Food Industry
- Medical Industry
- Cosmetic Industry
- Automobile Industry
- Pipes, Wires & Cables Industry
- Tobacco Industry
- Packing Industry
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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