Global Inkjet Coders Market is valued approximately USD 1.83 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030. 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.
According to the Statista, in 2022 Coca-Cola was the leading fast moving consumer goods brand in the world based on Consumer Reach Points, with around 7.16 billion. Consumer Reach Points are a measure of brand penetration and purchase frequency. Meanwhile, Colgate and Maggi came second and third, respectively, with 4.3 billion and 3.78 billion Consumer Reach Points. Furthermore, the leading FMCG companies worldwide in 2021, based on generated net sales was Nestle with USD 95.7 billion sales, followed by Pepsi co with USD 79.47 billion. Another important factor drives the Inkjet Coders market is increasing number of pharmaceutical stores. As Inkjet coders are commonly used to print lot numbers and batch codes on pharmaceutical products. This information is crucial for traceability purposes, allowing manufacturers and stores to track and identify specific batches of products in case of recalls or quality control issues. In addition, as per Statista, in 2022, total pharmaceutical sales in the United States have reached around USD 605 billion. Moreover, increasing piracy and counterfeiting and rising technological advancement in inkjet coders is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high cost of Inkjet Coders stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Inkjet Coders Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. 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.
Major market player included in this report are:
- 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
Recent Developments in the Market:
- In January 2021, Linx Printing Technologies introduced the Linx Yellow bottling ink 1088 to meet the needs of customers that need a high contrast code on dark-colored bottles. The new fast-drying ink has been carefully designed to give good adherence on glass while also withstanding the production process, packing, and humidity. The ink produces clear, legible codes on glass and maintains adhesion in cold-room condensation settings.
Global Inkjet Coders Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
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
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Inkjet Coders Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Inkjet Coders Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Inkjet Coders Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Inkjet Coders Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Inkjet Coders Market Dynamics
- 3.1. Inkjet Coders Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand for FMCG products
- 3.1.1.2. Growing number of pharmaceutical stores
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of Inkjet Coders
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing piracy and counterfeiting
- 3.1.3.2. Rising technological advancement in inkjet coders
Chapter 4. Global Inkjet Coders Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Inkjet Coders Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Inkjet Coders Market by Type, Performance - Potential Analysis
- 5.3. Global Inkjet Coders Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Inkjet Coders Market, Sub Segment Analysis
- 5.4.1. CIJ Coder
- 5.4.2. DOD Inkjet Coder
- 5.4.3. TIJ Coder
- 5.4.4. Others
Chapter 6. Global Inkjet Coders Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Inkjet Coders Market by Application, Performance - Potential Analysis
- 6.3. Global Inkjet Coders Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Inkjet Coders Market, Sub Segment Analysis
- 6.4.1. Food Industry
- 6.4.2. Medical Industry
- 6.4.3. Cosmetic Industry
- 6.4.4. Automobile Industry
- 6.4.5. Pipes, Wires & Cables Industry
- 6.4.6. Tobacco Industry
- 6.4.7. Packing Industry
- 6.4.8. Others
Chapter 7. Global Inkjet Coders Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Inkjet Coders Market, Regional Market Snapshot
- 7.4. North America Inkjet Coders Market
- 7.4.1. U.S. Inkjet Coders Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Inkjet Coders Market
- 7.5. Europe Inkjet Coders Market Snapshot
- 7.5.1. U.K. Inkjet Coders Market
- 7.5.2. Germany Inkjet Coders Market
- 7.5.3. France Inkjet Coders Market
- 7.5.4. Spain Inkjet Coders Market
- 7.5.5. Italy Inkjet Coders Market
- 7.5.6. Rest of Europe Inkjet Coders Market
- 7.6. Asia-Pacific Inkjet Coders Market Snapshot
- 7.6.1. China Inkjet Coders Market
- 7.6.2. India Inkjet Coders Market
- 7.6.3. Japan Inkjet Coders Market
- 7.6.4. Australia Inkjet Coders Market
- 7.6.5. South Korea Inkjet Coders Market
- 7.6.6. Rest of Asia Pacific Inkjet Coders Market
- 7.7. Latin America Inkjet Coders Market Snapshot
- 7.7.1. Brazil Inkjet Coders Market
- 7.7.2. Mexico Inkjet Coders Market
- 7.8. Middle East & Africa Inkjet Coders Market
- 7.8.1. Saudi Arabia Inkjet Coders Market
- 7.8.2. South Africa Inkjet Coders Market
- 7.8.3. Rest of Middle East & Africa Inkjet Coders Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Markem-Imaje
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Linx Printing Technologies
- 8.3.3. KGK Jet India Private Limited
- 8.3.4. Xaar Plc
- 8.3.5. Videojet Technologies Inc
- 8.3.6. Kiwi Coders Corp
- 8.3.7. Hitachi Industrial Equipment Systems Co., Ltd
- 8.3.8. Domino Printing Sciences plc
- 8.3.9. Media Data Systems Pte Ltd
- 8.3.10. Shanghai Rottweil Handyware Printing Technology Co., Ltd
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption