CIJ Printing Expected To Dominate Coding And Marking

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CIJ Printing Expected To Dominate Coding And Marking

CIJ Printing Expected To Dominate Coding And Marking

According to a recent market study released by global technology research and advisory firm Technavio, CIJ (continuous ink jet) printing is expected to dominate the coding and marking industry in terms of growth over the period beginning in 2016 and continuing to 2021. Markem-Imaje was among the top vendors highlighted in the report by the research analysts at Technavio.

Overall, the global coding and marking market is predicted to grow at a CAGR (compound annual growth rate) of almost 7% during this period, or to $4,469.14 million. The segments analyzed in producing the report, titled "Global Coding and Marking Market 2017-2021," include CIJ printing and coding, thermal inkjet printing, DOD technology and thermal TIJ printing among others. Continuous ink jet printing, laser coding/marking, and TIJ or thermal ink jet printing were found to be the three segments generating the most revenue of all coding and marking segments.

In 2016, 45% of the market was occupied by CIJ printing, which is expected to remain on top throughout the period due to a continuing increase in companies embracing continuous ink jet printing technologies. Technavio embedded systems research lead analyst, Chetan Mohan, indicated that because of the versatility, high-speed printing and quick-dry nature of CIJ printing, these advantages make it the most widely used technology in coding and marking packages and products.

A key factor driving the industry is the need for traceability among industries including healthcare, automotive, and aerospace according to the press release, which explains that credible data is communicated to both manufacturers and clients through the use of coding and marking systems.

Markem-Imaje provides CIJ printers for use in coding and marking of electronics, cosmetics, foods and beverages, cables, pharmaceuticals, and more. Trust our industrial printing solutions for indelible, clear coding in all types of environments.

January 10, 2014
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