Coding and Marking Systems and Solutions Global Market to Reach $4.7 Billion by 2026 at a CAGR of 5.5% - Benzinga

2022-07-30 16:22:40 By : Mr. Kent Wong

Dublin, July 29, 2022 (GLOBE NEWSWIRE) -- The "Coding and Marking Systems and Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Coding and Marking Systems and Solutions Market to Reach $4.7 Billion by 2026 Coding and marking forms an important part of the manufacturing and intralogistics processes of packaged consumer and industrial goods. Coding and marking systems are used to print product-related details, such as manufacturing date, batch number, and expiry date among others, on the package.

Demand in the market is impacted by the outlook in the retail sector and the level of demand in the key end-use sectors such as food and beverage, cosmetic, chemical, pharmaceutical, and construction and building material among others.

The global market for Coding and Marking Systems and Solutions estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2026, growing at a CAGR of 5.5% over the analysis period. Continuous Inkjet, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$1.9 Billion by the end of the analysis period. The U.S. Market is Estimated at $783.1 Million in 2022, While China is Forecast to Reach $680.3 Million by 2026 The Coding and Marking Systems and Solutions market in the U.S. is estimated at US$783.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$680.3 Million by the year 2026 trailing a CAGR of 7.3% over the analysis period.

Thermal Inkjet Segment to Reach $817.2 Million by 2026 Thermal inkjet continues to evolve with a need for inks that will dry faster and offer better adhesion. Advanced ink types and high-resolution capabilities make thermal inkjet ideal for printing on masks in a manufacturing line. In the global Thermal Inkjet segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment.

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/r/jf5b1t

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