PUBLISHER: Verified Market Research | PRODUCT CODE: 1736945
PUBLISHER: Verified Market Research | PRODUCT CODE: 1736945
Inkjet Coders Market size was valued at USD 3.10 Billion in 2024 and is projected to reach USD 4.3 Billion by 2032, growing at a CAGR of 6.5 % during the forecast period 2026-2032.
The technological advancements in the inkjet coders like advancement in software that monitors and controls the viscosity of the ink and automatic flush systems which helps in saving time by stopping and cleaning the daily print head all these factors are likely to create a lucrative growth opportunity for the Inkjet Coders Market. The Global Inkjet Coders Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Inkjet Coders Market Definition
Inkjet coders are highly used to print the product details which give brief information about the product. The inkjet coder market is predicted to grow because of the rise in advancement of technology as these printers are being used across the various industry verticals in order to print details in the packaging part of the product. Inkjet technology is a reliable and cost-effective method that is used to mark and code a whole range of products. Inkjet coders are most commonly used by the packaging industry in order to differentiate between products.
Inkjet coder is a non-contact printing coder which can generate date, time, and batch number or any information to a variety of packaging products including containers, cartons labels, etc. Inkjet coders are also used in industries like automotive, personal care products, pharmaceuticals, food and beverages, and electronics, for marking purposes. The inkjet coders cost very less but require a high maintenance cost, whereas the laser coders have a high cost but require a low maintenance cost. The inkjet coders are very cost-effective and are recommended for economical color printing. The substitute for these inkjet coders is laser coders. Inkjet coders comprise various different chambers which contain different colors of ink.
Global Inkjet Coders Market Overview
Inkjet coders are the most common types of printers used across various applications. Due to their superior advantages over other printing techniques, the market for these printers is estimated to continue witnessing robust growth across its potential industry verticals. These are popularly used across different industry verticals such as food and beverages, personal and home care products, pharmaceuticals, and electronics for marking and coding. Other prominent applications include commercial printing, security coding, solar cells, and others. This technology is suitable to mark both flat as well as curved surfaces. In addition, inkjet coders are capable of printing on virtually all types of materials. This makes inkjet coders suitable for a wide range of industrial applications. Inkjet coders are among the most revolutionary developments in the dot-matrix format printers.
The device comprises several ink guns that print the required information by dropping ink onto the desired material. There are two primary types of inkjet coder viz. Continuous inkjet and drop-on-demand inkjet coders. Drop-on-demand inkjet printing is further bifurcated into thermal drop-on-demand and piezoelectric drop-on-demand inkjet printers. Amongst the aforementioned types, continuous inkjet is the most popular type of technology used for coding and marking. Technological developments in inkjet coders, such as advancements in software that controls and monitors ink viscosity and automatic flush systems that help save time by stopping and cleaning the daily print heads, are anticipated to create excellent growth opportunities for the inkjet coder market.
The rise in demand for minimization of solvent evaporation and reducing the mixing of air with ink are the major factors expected to drive the growth of the Inkjet Coders Market over the forecast period. However, factors such as high running costs and low quality of marks that result in the non-permanent marks are expected to hinder the market growth. Also, inkjet coders spill some tiny droplets of ink while printing therefore, their resolution is lower than that of laser printers. Significant factors that influence the demand for inkjet coders are reduced downtime, which helps customers expand their visual and functional coding capabilities. Currently, an increasing number of manufacturers are seeking high-performance printing and coding equipment, thereby creating significant growth and investment opportunities for players in the Inkjet Coders Market. Continuous Inkjet (CIJ), Drop on Demand (DOD), and Thermal Inkjet (TIJ) are the three types of ink-jet technologies that are being used in the packaging industry for coding applications.
Drop On Demand technology utilizes aqueous or UV curable inks for printing on a wide range of products. Continuous Ink Jet (CIJ) is a non-contact coding method that is highly durable. The small characters of CIJ coders generate an expiry date, lot codes, graphics, and bar codes over a variety of primary packaging and the large character of CIJ coders generate the same for secondary packaging that is for cartons, etc. Thermal Ink Jet (TIJ) coders make use of the print cartridges. They contain a series of small and electrically heated chambers that can be controlled by a flex-circuit and involve a high-speed coding for the serialized data. TIJ technology is usually used for generating high-quality graphics and also high-grade two-dimensional 'symbologies' like Data Matrix codes. Generally, industries like pharmaceuticals, tobacco, beauty, and health make use of TIJ coders.
The Global Inkjet Coders Market is Segmented on the basis of Type, End-User, and Geography.
Based on Type, the market is segmented into Continuous Inkjet (CIJ) coder, Drop on Demand (DOD) inkjet coder, Thermal Inkjet (TIJ) coder, and Others. Among all the types, Therma Ink Jet (TIJ) coder segment is expected to dominate the market as the fastest-growing segment over the forecast period because of its several benefits, like low cost of maintenance, and minimal release of Volatile Organic Compounds (VOCs), high print quality and resolution.
Based on End-User, the market is segmented into food industry, medical application, cosmetic industry, automobile industry, pipes, wires & cables, tobacco industry, packing industry, and others. Among all the verticals, the food industry is anticipated to dominate the market with high growth opportunities for all the players involved in the value chain on the back of the increasing volume of the food products that are being manufactured and processed daily. Marking and coding in the food industry allow the consumers to read the information and comprehend what they are consuming. The information coded on the product includes the nutritional information, expiry dates, alcohol content, and potential allergens.
The "Global Inkjet Coders Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Videojet Technologies, Inc., FoxJet, An ITW Company, Shanghai Rottweil Handyware Printing Technology Co., Ltd, Hitachi America, Ltd., ID Technology, LLC., KGK Jet India., Linx Printing Technologies, Domino Printing Sciences plc, Media Data Systems Pte Ltd, Elmark Packaging, Koenig & Bauer AG, Squid Ink Manufacturing, Inc., Markem-Imaje, a Dover Company, and Xaar plc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.