Coding and Marking Equipment Market
The global coding and marking equipment market is projected to grow at a CAGR of 8.20% from 2022 to 2027.
The main reasons for significant changes in this market over the past decade include various technological innovations, changes in regulatory standards, growth in end-user industries, integration of automation in production, and the influx of vendors in different regions. Additionally, the overall growth of this market is highly correlated with the growth of the global packaging industry. The increase in product counterfeiting and government regulations mandating the printing of product information on packaging are believed to be driving the demand for coding and marking solutions and facilitating global market growth.
This report investigates the global coding and marking equipment market, summarizing market trends and opportunities, key drivers of market growth, market conditions, market size and forecasts by segment, the impact of COVID-19, breakdowns by region/key countries, competitive landscape, and profiles of major companies.