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The Worldwide Coding and Marking Equipment Industry is Expected to Reach $19.2 Billion by 2027

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Dublin, May 06, 2022 (GLOBE NEWSWIRE) — The “Global Coding And Marking Equipment Market By Product Type, By Vertical, By Regional Outlook, Industry Analysis Report and Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Coding and Marking Equipment Market size is expected to reach $19.2 billion by 2027, rising at a market growth of 4.9% CAGR during the forecast period.

The method of printing critical product and traceability information on packaging, labels, and other produced materials is known as marking and coding. Barcodes, serialization codes, and expiration dates are all common examples. Product owners need to put marks and codes on their product packaging, cartons, and other materials for a variety of reasons.

Coding and marking equipment in the automotive sector can play a critical role in preventing counterfeit automobile components by properly coding the parts. The Car Aftermarket Suppliers Association (AASA) estimates that counterfeit products cost the automotive sector some USD 12 billion per year.

To combat counterfeiting, automotive manufacturers often use invisible inks to print scannable, anti-counterfeiting barcodes. The advances in the automotive industry’s anti-counterfeiting efforts are likely to drive demand for coding and labeling technology.

Since consumer worries about health and safety have grown, consumers are looking for products with regulatory certificates and traceability marks. Aside from that, the global market for food and beverage coding and marking equipment has seen a succession of technical advances that have increased efficiency and flexibility. To cut waste and production costs, manufacturers are producing printers that recycle any unused ink. They’re also working on technology that requires fewer replacement parts to reduce downtime.

Cosmetics and personal care products are one of the world’s fastest developing industries. Manufacturers are seeking for ways to distinguish their products through inventive packaging to increase brand image in this increasingly competitive industry. Coding and marking technology include inkjet and laser coders that can code high-precision 2D DataMatrix as well as other barcodes at fast rates on a variety of package forms and materials.

COVID-19 Impact Analysis

COVID-19 was first recorded in Wuhan, China in 2019. Shortly it became one of the most hazardous and lethal viruses of the century which caused a significant number of deaths around the world. Moreover, The COVID-19 pandemic also caused a major downfall to businesses around the world. Due to the lockdown imposed by the government of all countries, businesses around the world were demolished. In addition, the diffusion of the COVID-19 pandemic also wreaked havoc on the market for coding and marking equipment.

The overall coding and marking equipment market may have plummeted in the aftermath of the pandemic, but demand for coding and marking equipment from the pharmaceutical and healthcare industries spiked in Q1/2020 and Q2/2020, as industry incumbents focused on proper coding and marking medical equipment, such as medical masks and personal protective equipment (PPE) kits.

Market Growth Factors:

Adoption of the latest and cutting-edge technologies

The market is driven by the adoption of modern technologies such as automation and artificial intelligence in businesses. Serialization equipment that is connected to the manufacturing line can alert operators to any faults or when actions are necessary at various points along the line. Data uploaded to a cloud-based system can be displayed on a remote device or the production floor’s primary monitor, assisting operators in determining when any parameters are approaching poor condition, when consumables are running low, or if maintenance is required.

Expansion of packaging and production sector

The rapid expansion of the production and packaging sectors in various nations across the world is driving revenue growth in the global coding and marking equipment market. As a result of the rising usage of creative packaging, particularly adaptable packaging, the packaging business is developing. This is due to shifting local markets and an increasing intermediate population.

Marketing Restraining Factor:

Disruption among industries where the equipment is being employed

The COVID-19 pandemic has had a detrimental influence on economies and businesses in numerous countries due to shutdowns, transportation limitations, and commercial closures. The food and beverage business is one of the most disrupted industries in the world. the complete shutdown of restaurants and food outlets caused a major downfall to the industry. Moreover, the closure of manufacturing units of fast food and junk food units also disrupted the industry. Due to these reasons, the utilization of coding and marking equipment was significantly reduced.

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis – Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Acquisition and Mergers
3.2.2 Product Launches and Product Expansions
3.2.3 Partnerships, Collaborations and Agreements
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Jul – 2020, Oct) Leading Players

Chapter 4. Global Coding And Marking Equipment Market by Product Type
4.1 Global Continuous Inkjet (CIJ) Printer Market by Region
4.2 Global Thermal Inkjet (TIJ) Printer Market by Region
4.3 Global Laser Printer Market by Region
4.4 Global Piezo Inkjet Printer Market by Region
4.5 Global Others Market by Region

Chapter 5. Global Coding And Marking Equipment Market by Vertical
5.1 Global Food & Beverage Market by Region
5.2 Global Pharmaceutical Market by Region
5.3 Global Construction Market by Region
5.4 Global Cosmetics Market by Region
5.5 Global Others Market by Region

Chapter 6. Global Coding And Marking Equipment Market by Region

Chapter 7. Company Profiles
7.1 Hitachi, Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments
7.1.5.1 Acquisition and Mergers:
7.2 Danaher Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Matthews International Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 ProMach, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments
7.4.2.1 Acquisition and Mergers:
7.5 HSA Systems ApS
7.5.1 Company Overview
7.5.2 Recent strategies and developments
7.5.2.1 Geographical Expansions
7.6 Koenig & Bauer Coding GmbH (Koenig & Bauer AG)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments
7.6.5.1 Partnerships, Collaborations, and Agreements
7.6.5.2 Product Launches and Product Expansions
7.6.5.3 Acquisition and Mergers:
7.7 Leibinger Group
7.7.1 Company Overview
7.7.2 Recent strategies and developments
7.7.2.1 Partnerships, Collaborations, and Agreements
7.8 Markem-Imaje (Dover Corporation)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments
7.8.5.1 Product Launches and Product Expansions
7.8.5.2 Acquisition and Mergers:
7.9 Domino Printing Sciences PLC (Brother Industries)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 Recent strategies and developments
7.9.4.1 Partnerships, Collaborations, and Agreements
7.9.4.2 Product Launches and Product Expansions
7.9.4.3 Acquisition and Mergers:
7.10. REA Elektronik GmbH
7.10.1 Company Overview

For more information about this report visit https://www.researchandmarkets.com/r/vvnki5


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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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