Market Forecast By Technology (Continuous Inkjet, Laser Coding, Marking, Thermal Ink Jet Printer, Drop On Demand, Print and Apply Labelers, Thermal Transfer Overprinting), By End-User (Food and Beverage, Electrical and Electronics, Automotive and Aerospace, Chemical, Healthcare) And Competitive Landscape
Product Code: ETC251484 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | India Coding And Marking Systems Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Food and Beverage |
The India Coding And Marking Systems Market Report thoroughly covers the market by technology, and end user. The India Coding And Marking Systems Market Outlook report provides an unbiased and detailed analysis of the ongoing India Coding And Marking Systems Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India Coding And Marking Systems Market has become one of the most significant markets and is estimated to attain major growth in the future. This growth can be attributed to various factors such as increasing government initiatives promoting industrialization, rising demand for packaged food and beverages, and the need for traceability and anti-counterfeiting measures.
According to 6Wresearch, India Coding And Marking Systems Market size is projected to rise at a CAGR of 5.2% during 2025-2031. One of the key drivers of this market is the government's focus on promoting industrialization and boosting the manufacturing sector. Initiatives like Make in India, Digital India, and Startup India have created a conducive environment for businesses to thrive. The rising demand for packaged food and beverages is another major factor driving the growth of the coding and marking systems market in India. With an increasing number of consumers opting for convenience and ready-to-eat products, the demand for efficient packaging solutions has also increased. These factors are leading to the India Coding And Marking Systems Market growth.
However, some challenges could hinder the growth of this market in India. One of the major challenges is the high cost associated with implementing these systems. Many small businesses may find it difficult to invest in advanced coding and marking systems, which could limit their growth potential. Another challenge is the lack of awareness about these technologies among small businesses, especially in rural areas.
One of the key players in the India coding and marking systems market is Domino Printing Sciences PLC. The company offers a wide range of coding and marking solutions, including laser coders, thermal inkjet printers, continuous inkjet printers, and others. Another major player in the market is Danaher Corporation, which offers coding and marking systems under its product brand Videojet.
The government of India has also taken initiatives to promote the use of coding and marking systems in the country. In 2019, the Ministry of Food Processing Industries released a draft manual on coding practices for packaged foods, which includes guidelines on the use of coding and marking systems to ensure consumer safety and traceability. Additionally, the government's "Make in India" initiative has also led to an increase in the manufacturing sector, further driving the demand for coding and marking systems.
The future outlook of the market looks promising, with technological advancements such as automation and Industry 4.0 leading to a higher adoption of coding and marking systems. The rise of e-commerce and increased focus on product safety and traceability are also expected to drive the growth of the India coding and marking systems market.
According to Parth, Senior Research Analyst, 6Wresearch, continuous inkjet technology holds a significant share in the Indian market as it offers high-speed coding and marking capabilities. This technology is widely used in industries such as food and beverage, pharmaceuticals, and automotive for product identification and traceability purposes.
The food and beverage industry in India is growing rapidly due to the increase in demand for processed and packaged foods. This industry is the major contributor to the growth of this market. This has led to a rise in the need for coding and marking systems to ensure product traceability, safety, and compliance with regulatory standards. Coding and marking systems are used to print batch numbers, expiry dates, barcodes, and other important information on food packaging.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Coding And Marking Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Coding And Marking Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Coding And Marking Systems Market - Industry Life Cycle |
3.4 India Coding And Marking Systems Market - Porter's Five Forces |
3.5 India Coding And Marking Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Coding And Marking Systems Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Coding And Marking Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Coding And Marking Systems Market Trends |
6 India Coding And Marking Systems Market, By Types |
6.1 India Coding And Marking Systems Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Coding And Marking Systems Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 India Coding And Marking Systems Market Revenues & Volume, By Continuous Inkjet, 2021-2031F |
6.1.4 India Coding And Marking Systems Market Revenues & Volume, By Laser Coding, 2021-2031F |
6.1.5 India Coding And Marking Systems Market Revenues & Volume, By Marking, 2021-2031F |
6.1.6 India Coding And Marking Systems Market Revenues & Volume, By Thermal Ink Jet Printer, 2021-2031F |
6.1.7 India Coding And Marking Systems Market Revenues & Volume, By Drop On Demand, 2021-2031F |
6.1.8 India Coding And Marking Systems Market Revenues & Volume, By Print and Apply Labelers, 2021-2031F |
6.2 India Coding And Marking Systems Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Coding And Marking Systems Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 India Coding And Marking Systems Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.2.4 India Coding And Marking Systems Market Revenues & Volume, By Automotive and Aerospace, 2021-2031F |
6.2.5 India Coding And Marking Systems Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.6 India Coding And Marking Systems Market Revenues & Volume, By Healthcare, 2021-2031F |
7 India Coding And Marking Systems Market Import-Export Trade Statistics |
7.1 India Coding And Marking Systems Market Export to Major Countries |
7.2 India Coding And Marking Systems Market Imports from Major Countries |
8 India Coding And Marking Systems Market Key Performance Indicators |
9 India Coding And Marking Systems Market - Opportunity Assessment |
9.1 India Coding And Marking Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Coding And Marking Systems Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Coding And Marking Systems Market - Competitive Landscape |
10.1 India Coding And Marking Systems Market Revenue Share, By Companies, 2024 |
10.2 India Coding And Marking Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |