Report ID: SQMIG20I2165
Inkjet Coders Market Size, Share, Growth Analysis, By Product(Continuous Inkjet Coders (CIJ), Drop-on-Demand Inkjet Coders (DOD), and Others), By End-User(Food and Beverage Pharmaceuticals, Packaging, Manufacturing, and others.), By Ink(Solvent-Based Inks, Water-Based Inks, UV-Curable Inks, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20I2165 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
92 |
Figures:
79
Inkjet Coders Market Insights
Global Inkjet Coders Market size was valued at USD 1.63 Billion in 2022 and is poised to grow from USD 1.71 Billion in 2023 to USD 2.64 Billion by 2031, at a CAGR of 5.52% during the forecast period (2024-2031).
In recent years, the global market for inkjet encoders has seen steady growth as they are used in various industries, including food and beverage, pharmaceuticals, packaging, and manufacturing, to add product information such as location numbers, expiration dates and barcodes to packaging materials. Increased regulations on product traceability have also contributed significantly to the growth of the market. It is also versatile and can be used on a variety of substrates such as paper, plastic, glass, and metal. This versatility makes them suitable for many different areas.
In addition, there is a growing trend to use eco-friendly and non-toxic inks in inkjet encoders. This is due to increasing consumer awareness of environmental aspects and sustainable packaging. Many customers are looking for custom solutions that meet their specific coding requirements.
Inkjet Coders Market Report Snapshots
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