Global Continuous Inkjet (CIJ) Inkjet Coders Market, By Material (Plastics, Metals, and Ceramics), Application (Food and Beverage, Pharmaceuticals, and Automotive) - Industry Trends and Forecast to 2031.
Continuous Inkjet (CIJ) Inkjet Coders Market Analysis and Size
Continuous inkjet (CIJ) inkjet coders are widely used in various industries for printing product information, expiration dates, barcodes, and other details on packaging materials. They utilize a continuous stream of ink droplets to create high-quality prints on fast-moving production lines, offering efficiency and reliability in coding and marking applications.
Data Bridge Market Research analyses that the global continuous inkjet (CIJ) inkjet coders market, which was USD 4.2 billion in 2023, is projected to reach USD 9.4 billion by 2031, with a CAGR of 10.6% during the forecast period of 2024-2031. Material segments accounts for the highest market share owing to the increasing usage of continuous inkjet (CIJ) inkjet coders among the consumer. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2024-2031 |
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Base Year |
2023 |
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Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Material (Plastics, Metals, and Ceramics), Application (Food & Beverage, Pharmaceuticals, and Automotive) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa |
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Market Players Covered |
Domino Printing Sciences plc (U.K.), Videojet Technologies (India) Pvt. Ltd. (U.S.), Markem-Imaje (U.S.), Linx Printing Technologies (U.K.), KGK Jet India Private Limited (India), Hitachi Industrial Equipment Systems Co., Ltd. (Japan), CONTROL PRINT LTD. (India), Squid Ink. (U.S.), REA Elektronik GmbH (Germany), ANSER CODING INC. (Taiwan), Leibinger Group (Germany), Engage Technologies Corporation (U.S.) |
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Market Opportunities |
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Market Definition
The continuous inkjet (CIJ) inkjet coders encompasses the industry involved in manufacturing, distribution, and sales of continuous inkjet (CIJ) printing systems used for coding and marking purposes. CIJ inkjet coders are versatile and reliable solutions for printing variable data such as product codes, batch numbers, and expiration dates on various packaging materials.
Global Continuous Inkjet (CIJ) Inkjet Coders Market Dynamics
Drivers
- Technological Advancements in Inkjet Printing
Inkjet printing technology has undergone significant advancements, enabling high-speed, high-resolution printing on various substrates. Innovations such as piezoelectric and thermal inkjet printheads have improved print quality and efficiency. Moreover, the integration of digital capabilities allows for customization and variable data printing, catering to the diverse needs of different industries.
- Increasing Adoption of CIJ Coders in Food and Beverage Industry
Continuous Inkjet (CIJ) coders are gaining popularity in the food and beverage sector due to their versatility and reliability in printing date codes, batch numbers, and other essential information on packaging. These coders can operate at high speeds, ensuring seamless integration into fast-paced production lines. Additionally, they offer flexibility in printing on various surfaces and packaging materials, meeting the diverse requirements of food and beverage manufacturers.
Opportunities
- Expansion of E-commerce and Online Retail Packaging
The rapid growth of e-commerce has led to an increased demand for efficient and durable packaging solutions. With more products being shipped directly to consumers, there is a greater emphasis on packaging design, protection, and branding. This trend has prompted companies to invest in advanced coding and marking solutions to ensure accurate labeling and tracking of packages throughout the fulfillment process.
- Growing Applications in Pharmaceutical Packaging
The pharmaceutical industry is leveraging coding and marking solutions to meet stringent regulatory requirements and enhance product safety. From printing expiration dates and serial numbers to applying tamper-evident seals, these technologies play a crucial role in ensuring the integrity and authenticity of pharmaceutical products. Moreover, advancements in serialization and track-and-trace capabilities help combat counterfeiting and ensure patient safety.
Restraints/Challenges
- High Initial Investment Costs for Small and Medium-Sized Enterprises
Despite the benefits of adopting advanced coding and marking solutions, the initial investment costs can be substantial for businesses, especially small and medium-sized enterprises (SMEs). Expenses related to equipment purchase, installation, and training can strain budgets and deter companies from upgrading their coding systems
- Challenges in Ink Adhesion and Durability
Ensuring proper adhesion and durability of ink markings on various substrates poses challenges for manufacturers, especially in harsh environments or when dealing with non-porous surfaces. Factors such as surface tension, substrate composition, and environmental conditions can affect ink adhesion and lead to illegible or smudged codes. Addressing these challenges requires careful selection of inks and substrates, as well as optimization of printing parameters to achieve optimal results.
The global continuous inkjet (CIJ) inkjet coders market of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global continuous inkjet (CIJ) inkjet coders market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In January 2024, Domino Printing Sciences plc announced the launch of its new CIJ inkjet coder series, featuring advanced connectivity options and enhanced user interface for improved operational efficiency and ease of integration with production lines
- In November 2023, Videojet Technologies, Inc. introduced its latest CIJ inkjet coder model, designed to offer superior print quality and reliability in high-speed production environments, catering to the evolving needs of the packaging industry
Global Continuous Inkjet (CIJ) Inkjet Coders Market Scope
The global continuous inkjet (CIJ) inkjet coders market is segmented on the basis of material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Plastics
- Metals
- Ceramics
Application
- Food and Beverage
- Pharmaceuticals
- Automotive
Global Continuous Inkjet (CIJ) Inkjet Coders Market Region Analysis/Insights
The global continuous inkjet (CIJ) inkjet coders market is segmented on the basis of material and application as referenced above.
The countries covered in the global continuous inkjet (CIJ) inkjet coders market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global continuous inkjet (CIJ) inkjet coders market, driven by the presence of a well-established packaging industry and stringent regulatory requirements for product labeling and traceability. The region's focus on advanced manufacturing technologies and emphasis on product safety and authenticity contribute to the adoption of CIJ inkjet coders in various sectors.
Asia-Pacific emerges as the fastest-growing region, fueled by rapid industrialization, expanding manufacturing activities, and the burgeoning e-commerce sector. The region's dynamic consumer market and increasing demand for packaged goods drive the adoption of CIJ inkjet coders for product marking and branding purposes.
The country section of the global continuous inkjet (CIJ) inkjet coders market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Continuous Inkjet (CIJ) Inkjet Coders Market Share Analysis
The global continuous inkjet (CIJ) inkjet coders market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global continuous inkjet (CIJ) inkjet coders market.
Some of the major players operating in the global continuous inkjet (CIJ) inkjet coders market are:
- Domino Printing Sciences plc (U.K.)
- Videojet Technologies (India) Pvt. Ltd. (U.S.)
- Markem-Imaje (U.S.)
- Linx Printing Technologies (U.K.)
- KGK Jet India Private Limited (India)
- Hitachi Industrial Equipment Systems Co., Ltd. (Japan)
- CONTROL PRINT LTD. (India)
- Squid Ink. (U.S.)
- REA Elektronik GmbH (Germany)
- ANSER CODING INC. (Taiwan)
- Leibinger Group (Germany)
- Engage Technologies Corporation (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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