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Report
Asia-Pacific Coding & Marking Market Forecast 2025-2032
Market Report I 2024-12-23 I 163 Pages I Inkwood Research
KEY FINDINGS
The Asia-Pacific coding & marking market is anticipated to grow with a CAGR of 8.81% over the forecast period 2025-2032. The market was valued at $2235.33 million in 2024 and is expected to reach a revenue of $4417.77 million by 2032.
MARKET INSIGHTS
The growth of the market is amped by increasing regulatory compliance across various industries, including food and beverage, pharmaceuticals, and consumer goods. As product information, such as coding numbers, expiration dates, and barcodes, becomes essential for consumer safety and traceability, companies are adopting advanced coding and marking systems. Additionally, rapid urbanization in countries like China and India is expected to boost the demand for labeling on food packaging and healthcare products. The growing demand for laser coding solutions and color codes for better traceability further supports the expansion of the market across the region.
However, the coding and marking industry in Asia-Pacific faces significant challenges, including the short shelf-life of ink and consumables, especially in countries with fluctuating climatic conditions. The limited durability of these consumables leads to increased operational costs for manufacturers relying on ink cartridges and other materials. These costs can be burdensome for smaller businesses that may lack the resources to continuously replace consumables, affecting their competitiveness.
Another key challenge in the region is the shortage of skilled labor and the high costs associated with training employees to operate advanced coding and marking systems. As the complexity of these technologies increases, companies in Asia-Pacific are struggling to find adequately trained personnel. This issue not only drives up labor costs but also causes production delays and operational inefficiencies, limiting the overall growth of the industry in the region.
REGIONAL ANALYSIS
The Asia-Pacific coding & marking market growth evaluation entails the assessment of China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Singapore, Australia & New Zealand, and Rest of Asia-Pacific.
Japan and China are the largest markets in the Asia-Pacific, pushed by their highly developed manufacturing sectors and increasing investments in automation. China's coding & marking market has grown significantly, fueled by its expansive manufacturing base and rising demand for product traceability and compliance with regulatory standards. Key industries, including food & beverage, pharmaceuticals, electronics, and automotive, have observed an uptick in the need for reliable, high-quality coding solutions to support anti-counterfeiting and brand protection efforts. Technologies like inkjet printers, laser marking systems, and thermal transfer overprinting (TTO) are widely used to meet the diverse needs of these industries.
In parallel, in 2023, China had over 300,000 industrial robots, many integrated with coding and marking technologies to optimize production. The demand for advanced solutions, such as high-speed inkjet printers, has surged, with more than 50% of manufacturing companies planning to increase their investment in these systems in the coming years. Meanwhile, India is estimated to witness substantial growth, especially in its food & beverage sector, driven by the rising need for coding and marking systems to improve product traceability amid rapid urbanization.
SEGMENTATION ANALYSIS
The Asia-Pacific coding & marking market segmentation includes the market by technology and end-user. The technology segment is further differentiated into CIJ technology, laser technology, print & apply labeling machines (PALM), TTO technology, PIJ technology, VIJ technology, and TIJ technology.
Continuous inkjet (CIJ) technology is one of the most widely used coding and marking solutions in the Asia-Pacific. Known for its high-speed capabilities, CIJ technology is ideal for industries that require fast and efficient marking, such as food and beverage, pharmaceuticals, and consumer goods. The technology works by using a continuous stream of ink droplets that are directed onto the product's surface. These droplets are electrically charged, allowing them to form codes, barcodes, and other information on a wide variety of substrates, including plastic, metal, glass, and paper.
One of the key advantages of CIJ technology is its ability to print high-quality marks at high speeds, making it suitable for high-volume production lines. It also offers flexibility in terms of ink compatibility, as it can be used with a wide range of inks, including UV and solvent-based types. As manufacturing and packaging requirements in the Asia-Pacific continue to evolve, CIJ technology's ability to support continuous production without interruption makes it a valuable solution. Moreover, its versatility and efficiency position CIJ technology as a dominant choice for coding and marking applications across various industries.
COMPETITIVE INSIGHTS
Some of the leading players in the Asia-Pacific coding & marking market include LEIBINGER Group, KEYENCE Corporation, Hitachi Ltd, etc.
LEIBINGER Group, headquartered in Tuttlingen, Germany, is a leading provider of coding and marking solutions. The company specializes in continuous inkjet (CIJ) printers, laser marking systems, and other advanced technologies for industries such as food & beverage, pharmaceuticals, and automotive. Renowned for its innovative products, LEIBINGER focuses on precision, reliability, and compliance with regulatory standards. With a global presence, LEIBINGER serves customers across Europe, Asia, and North America. The company is committed to providing high-quality service and technical support worldwide.
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.4.1. IMPACT OF COVID-19 ON THE ASIA-PACIFIC CODING & MARKING MARKET
2.5. MAJOR MARKET FINDINGS
2.5.1. RISING INTEREST IN LASER CODING
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. GROWING NEED FOR TRACEABILITY BY END-USERS
3.1.2. EXPANSION OF FLEXIBLE PACKAGING
3.1.3. INCREASED DEMAND FOR PACKAGED AND PROCESSED FOOD
3.1.4. INCREASING REGULATORY COMPLIANCE
3.1.5. EMPHASIS ON ANTI-COUNTERFEITING MEASURES
3.2. KEY RESTRAINTS
3.2.1. HIGH INITIAL INVESTMENT COST
3.2.2. SHORT SHELF-LIFE OF INK AND CONSUMABLES
3.2.3. SHORTAGE OF SKILLED LABOR AND HIGH LABOR COSTS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. ADVANCES IN CODING & MARKING SYSTEMS
4.1.2. ADOPTION OF AUTOMATION AND ROBOTICS
4.1.3. INNOVATIVE CONSUMABLE OFFERINGS
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.3.1. GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.6.1. RAW MATERIAL SUPPLIERS
4.6.2. MANUFACTURERS
4.6.3. DISTRIBUTORS
4.6.4. END-USERS
4.7. KEY BUYING CRITERIA
4.7.1. ENERGY EFFICIENCY
4.7.2. COST
4.7.3. DURABILITY
4.7.4. AFTER-SALES AND SERVICES
5. MARKET BY TECHNOLOGY
5.1. CIJ TECHNOLOGY
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. LASER TECHNOLOGY
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. PRINT & APPLY LABELING MACHINES (PALM)
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
5.4. TTO TECHNOLOGY
5.4.1. MARKET FORECAST FIGURE
5.4.2. SEGMENT ANALYSIS
5.5. PIJ TECHNOLOGY
5.5.1. MARKET FORECAST FIGURE
5.5.2. SEGMENT ANALYSIS
5.6. VIJ TECHNOLOGY
5.6.1. MARKET FORECAST FIGURE
5.6.2. SEGMENT ANALYSIS
5.7. TIJ TECHNOLOGY
5.7.1. MARKET FORECAST FIGURE
5.7.2. SEGMENT ANALYSIS
6. MARKET BY END-USER
6.1. FOOD & BEVERAGE
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. HEALTHCARE & PHARMACEUTICALS
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. ELECTRICAL & ELECTRONICS
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
6.4. CHEMICAL & CONSTRUCTION
6.4.1. MARKET FORECAST FIGURE
6.4.2. SEGMENT ANALYSIS
6.5. AUTOMOTIVE & AEROSPACE
6.5.1. MARKET FORECAST FIGURE
6.5.2. SEGMENT ANALYSIS
6.6. OTHER END-USERS
6.6.1. MARKET FORECAST FIGURE
6.6.2. SEGMENT ANALYSIS
7. GEOGRAPHICAL ANALYSIS
7.1. ASIA-PACIFIC
7.1.1. MARKET SIZE & ESTIMATES
7.1.2. ASIA-PACIFIC CODING & MARKING MARKET DRIVERS
7.1.3. ASIA-PACIFIC CODING & MARKING MARKET CHALLENGES
7.1.4. ASIA-PACIFIC CODING & MARKING MARKET REGULATORY FRAMEWORK
7.1.5. KEY PLAYERS IN ASIA-PACIFIC CODING & MARKING MARKET
7.1.6. COUNTRY ANALYSIS
7.1.6.1. CHINA
7.1.6.1.1. CHINA CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.2. JAPAN
7.1.6.2.1. JAPAN CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.3. INDIA
7.1.6.3.1. INDIA CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.4. SOUTH KOREA
7.1.6.4.1. SOUTH KOREA CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.5. INDONESIA
7.1.6.5.1. INDONESIA CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.6. THAILAND
7.1.6.6.1. THAILAND CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.7. VIETNAM
7.1.6.7.1. VIETNAM CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.8. SINGAPORE
7.1.6.8.1. SINGAPORE CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.9. AUSTRALIA & NEW ZEALAND
7.1.6.9.1. AUSTRALIA & NEW ZEALAND CODING & MARKING MARKET SIZE & OPPORTUNITIES
7.1.6.10. REST OF ASIA-PACIFIC
7.1.6.10.1. REST OF ASIA-PACIFIC CODING & MARKING MARKET SIZE & OPPORTUNITIES
8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIC DEVELOPMENTS
8.1.1. MERGERS & ACQUISITIONS
8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
8.1.3. PARTNERSHIPS & AGREEMENTS
8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
8.2.1. LEIBINGER GROUP
8.2.1.1. COMPANY OVERVIEW
8.2.1.2. PRODUCT LIST
8.2.1.3. STRENGTHS & CHALLENGES
8.2.2. KEYENCE CORPORATION
8.2.2.1. COMPANY OVERVIEW
8.2.2.2. PRODUCT LIST
8.2.2.3. STRENGTHS & CHALLENGES
8.2.3. HITACHI LTD
8.2.3.1. COMPANY OVERVIEW
8.2.3.2. PRODUCT LIST
8.2.3.3. STRENGTHS & CHALLENGES
8.2.4. REA ELEKTRONIK GMBH
8.2.4.1. COMPANY OVERVIEW
8.2.4.2. PRODUCT LIST
8.2.4.3. STRENGTHS & CHALLENGES
8.2.5. DOVER CORPORATION
8.2.5.1. COMPANY OVERVIEW
8.2.5.2. PRODUCT LIST
8.2.5.3. STRENGTHS & CHALLENGES
8.2.6. DOMINO PRINTING SCIENCES PLC
8.2.6.1. COMPANY OVERVIEW
8.2.6.2. PRODUCT LIST
8.2.6.3. STRENGTHS & CHALLENGES
8.2.7. DANAHER CORPORATION
8.2.7.1. COMPANY OVERVIEW
8.2.7.2. PRODUCT LIST
8.2.7.3. STRENGTHS & CHALLENGES
8.2.8. CONTROL PRINT LTD
8.2.8.1. COMPANY OVERVIEW
8.2.8.2. PRODUCTS LIST
8.2.8.3. STRENGTHS & CHALLENGES
8.2.9. KOENIG & BAUER CODING GMBH
8.2.9.1. COMPANY OVERVIEW
8.2.9.2. PRODUCT LIST
8.2.9.3. STRENGTHS & CHALLENGES
8.2.10. MATTHEWS INTERNATIONAL CORPORATION
8.2.10.1. COMPANY OVERVIEW
8.2.10.2. PRODUCTS LIST
8.2.10.3. STRENGTHS & CHALLENGES
8.2.11. EBS ELEKTRONISCHE BESCHRIFTUNGSSYSTEME GMBH
8.2.11.1. COMPANY OVERVIEW
8.2.11.2. PRODUCT LIST
8.2.11.3. STRENGTHS & CHALLENGES
8.2.12. ANSER CODING
8.2.12.1. COMPANY OVERVIEW
8.2.12.2. PRODUCTS LIST
8.2.12.3. STRENGTHS & CHALLENGES
8.2.13. ITW (DIAGRAPH)
8.2.13.1. COMPANY OVERVIEW
8.2.13.2. PRODUCT LIST
8.2.13.3. STRENGTHS & CHALLENGES
8.2.14. BEIJING HI-PACK CODING
8.2.14.1. COMPANY OVERVIEW
8.2.14.2. PRODUCT LIST
8.2.14.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - CODING & MARKING
TABLE 2: ASIA-PACIFIC CODING & MARKING MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC CODING & MARKING MARKET, BY TECHNOLOGY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC CODING & MARKING MARKET, BY END-USER, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC CODING & MARKING MARKET, BY END-USER, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC CODING & MARKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC CODING & MARKING MARKET, BY COUNTRY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC CODING & MARKING MARKET REGULATORY FRAMEWORK
TABLE 9: KEY PLAYERS OPERATING IN ASIA-PACIFIC CODING & MARKING MARKET
TABLE 10: LIST OF MERGERS & ACQUISITIONS
TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: ASIA-PACIFIC CODING & MARKING MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2024
FIGURE 9: ASIA-PACIFIC CODING & MARKING MARKET, BY CIJ TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC CODING & MARKING MARKET, BY LASER TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC CODING & MARKING MARKET, BY PRINT & APPLY LABELING MACHINES (PALM), 2025-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC CODING & MARKING MARKET, BY TTO TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC CODING & MARKING MARKET, BY PIJ TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC CODING & MARKING MARKET, BY VIJ TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC CODING & MARKING MARKET, BY TIJ TECHNOLOGY, 2025-2032 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC CODING & MARKING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2024
FIGURE 17: ASIA-PACIFIC CODING & MARKING MARKET, BY FOOD & BEVERAGE, 2025-2032 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC CODING & MARKING MARKET, BY HEALTHCARE & PHARMACEUTICALS, 2025-2032 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC CODING & MARKING MARKET, BY ELECTRICAL & ELECTRONICS, 2025-2032 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC CODING & MARKING MARKET, BY CHEMICAL & CONSTRUCTION, 2025-2032 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC CODING & MARKING MARKET, BY AUTOMOTIVE & AEROSPACE, 2025-2032 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC CODING & MARKING MARKET, BY OTHER END-USERS, 2025-2032 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC CODING & MARKING MARKET, COUNTRY OUTLOOK, 2024 & 2032 (IN %)
FIGURE 24: CHINA CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 25: JAPAN CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 26: INDIA CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 27: SOUTH KOREA CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 28: INDONESIA CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 29: THAILAND CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 30: VIETNAM CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 31: SINGAPORE CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 32: AUSTRALIA & NEW ZEALAND CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
FIGURE 33: REST OF ASIA-PACIFIC CODING & MARKING MARKET, 2025-2032 (IN $ MILLION)
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