Report ID: SQMIG20I2165
Report ID:
SQMIG20I2165 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
92 |
Figures:
79
Inkjet Coders Market size was valued at USD 1.71 Billion in 2023 and is poised to grow from USD 1.8 Billion in 2024 to USD 2.79 Billion by 2032, growing at a CAGR of 5.52% during the forecast period (2025-2032).
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.
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Report ID: SQMIG20I2165