Coding And Marking Market Size & Forecast, 2031Posted by pooja on September 5th, 2022 The global market for coding and marking is projected to witness a steady growth in the next few years. As per the research study, the market is likely to register a 7% CAGR between 2017 and 2021. The rising demand for coding and packaging techniques from several industries, including cosmetic, food and beverage, pharmaceutical, and other industries. The rising competition among the key players has resulted in an expansion of the product portfolio, which is further estimated to encourage the growth of the market in the next few years. Technological developments in the coding equipment and the rapid development of the smart packaging sector are some of the major factors that are estimated to encourage the growth of the global coding and marking market in the coming years. The integration and automation with the manufacturing equipment and the rise in the efficiency of coding and marking equipment are estimated to generate potential growth opportunities for the market players in the near future. The global market for coding and marking is competitive in nature with a presence of a large number of players operating in it across the globe. Some of the leading players operating in the coding and marking market across the globe are Markem-Imaje, ID Technology, ITW Diagraph, SATO America, Domino Printing Sciences, Paul Leibinger, Iconotech, Matthews Marking Systems, Danaher, and Engage Technologies. The development of new product and innovations are the key factors that are being emphasized by the leading players, which is likely to help them grow at a healthy rate in the next few years. Download Sample Copy of Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3395 About TMR Research Contact: Like it? Share it! More by this author |