Global Inkjet Coders Market Size, Share, Growth Analysis, By Product(Continuous Inkjet Coders, Drop-on-Demand Inkjet Coders ), By End-User, By Ink

Description

Global Inkjet Coders Market size was valued at USD 4.40 Billion in 2022 and is poised to grow from USD 4.64 Billion in 2023 to USD 7.12 Billion by 2031, at a CAGR of 5.50% during the forecast period (2024-2031).

In recent times, the global market for inkjet encoders has experienced consistent expansion due to their applications across diverse industries like food and beverage, pharmaceuticals, packaging, and manufacturing. They are utilized to imprint product information such as batch numbers, expiration dates, and barcodes onto packaging materials. The market's growth has also been fueled by heightened regulations surrounding product traceability. Inkjet encoders are versatile, capable of working on various substrates such as paper, plastic, glass, and metal, making them adaptable to a wide range of uses. Furthermore, there is an increasing inclination towards using eco-friendly and non-toxic inks in inkjet encoders. This shift is driven by rising consumer awareness of environmental concerns and the demand for sustainable packaging. Many customers are seeking tailored solutions that align with their specific coding needs.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Inkjet Coders and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.

Global Inkjet Coders Market Segmental Analysis

The global inkjet coders market is segmented into four major segments i.e. by product, end-user, ink, technology, and region. Based on product, it is divided into continuous inkjet coders (CIJ), drop-on-demand inkjet coders (DOD), and other innovative formats. Based on end-user, it is bifurcated as food and beverage pharmaceuticals, packaging, manufacturing, and others. Based on ink, it is segregated into solvent-based inks, water-based inks, uv-curable inks, and others. Based on region, the market is segmented into North America, Europe, and Asia-Pacific.

Drivers of the Global Inkjet Coders Market

Growing regulations, especially in sectors like food, pharmaceuticals, and packaging, are boosting the requirement for inkjet coders to guarantee precise and compliant product labeling. The demand for improved product traceability, particularly in the food and pharmaceutical industries, drives the use of inkjet coders for serialization and track-and-trace functions to verify the origin and authenticity of goods.

Restraints in the Global Inkjet Coders Market

A primary market challenge is the substantial initial investment required for inkjet coding equipment, particularly for high-speed and high-resolution systems, which could deter smaller businesses from adopting them. Certain inkjet coders necessitate costly consumables like ink and maintenance parts, resulting in ongoing operational expenses that businesses must take into account.

Market Trends of the Global Inkjet Coders Market

Increased Consumer Awareness and Growing Demand for Clean Label Products: There is a rising inclination towards eco-friendly and sustainable inkjet coding options. This involves the utilization of non-toxic, water-based, and UV-curable inks, as well as efforts to minimize packaging waste. Inkjet coders are increasingly embracing digital printing technologies that provide high-resolution printing capabilities and the capacity to generate variable data, barcodes, and QR codes, aligning with the requirements of e-commerce and personalized products.

Product Code: SQMIG20I2165

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Inkjet Coders Market by Product

Market Overview
Continuous Inkjet Coders (CIJ)
Drop-on-Demand Inkjet Coders (DOD)
and Others

Global Inkjet Coders Market by End-User

Market Overview
Food and Beverage Pharmaceuticals
Packaging
Manufacturing
and others.

Global Inkjet Coders Market by Ink

Market Overview
Solvent-Based Inks
Water-Based Inks
UV-Curable Inks
and Others

Global Inkjet Coders Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Domino Printing Sciences
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Videojet Technologies
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Markem-Imaje
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Linx Printing Technologies
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Leibinger GmbH & Co. KG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Citronix
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CAB - Coding Automations GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hitachi Industrial Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
EBS Inkjet Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
REA JET GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
InkJet Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HSA Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Continuous Inkjet Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Inkjet Integration Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Codoprint Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Industrial Inkjet Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Squid Ink Mfg., Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Matthews International Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Norwood Marking Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Marsh Marking Systems, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bell-Mark
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Allen Coding Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ITW Marking & Coding
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Inkjet Coders Market Size, Share, Growth Analysis, By Product(Continuous Inkjet Coders, Drop-on-Demand Inkjet Coders ), By End-User, By Ink - Industry Forecast 2024-2031