Report Indicates Inkjet Coders Market To Grow To $9.60 Billion

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Report Indicates Inkjet Coders Market To Grow To $9.60 Billion

Report Indicates Inkjet Coders Market To Grow To $9.60 Billion

Recently a new market research report was published by Credence Research regarding the growth of the inkjet coding market from now through 2023.  In 2015, the global inkjet coders market was valued at $5.77 billion (U.S.).  The research report, "Global Inkjet Coders Market By Technology (Continuous Inkjet Coder and Drop-on-demand Inkjet Coder), By Inkjet Ink Type (Visible, Invisible) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016-2023" reveals that on a global scale, the market is expected to reach $9.60 billion (U.S.) by 2023.

 
In the press release, Credence Research discussed the inkjet coder market in terms of market and competitive insights.  Drop-on-demand and continuous inkjet coders are the primary types, and offer superior advantages over their more traditional counterparts, which is one factor driving the market.  Research found that another factor impacting market growth is the increase in the food & beverage industry around the world.  This fuels the inkjet coder industry due to the fact this type of coding is widely used on packaging of food and beverages.  The use of inkjet coders for printing on consumer, home care, and pharmaceutical products is also expected to drive the market, although the two primary challenges are the cost of ink and other consumables, along with maintenance.
 
In the report, Markem-Imaje was named as one of the key inkjet coder manufacturers. We invest in R & D activities and constantly work to expand our service and product offerings in an effort to remain an innovative leader in an industry that is becoming more competitive as more manufacturers, distributors, and suppliers enter the inkjet coder field.  
 
Anyone interested in the Credence Research report will find more information at http://www.credenceresearch.com/report/inkjet-coders-market.
 
At Markem-Imaje we provide a wide array of inkjet coders, inks, and other consumables for indelible marking in many industries.  Learn more about our small character, thermal, small character hot melt inkjet printers and large character high resolution piezo by browsing our website or contacting us today!

January 10, 2014
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