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Report
US Coding & Marking Market - Focused Insights 2023-2028
Market Report I 2023-07-12 I 84 Pages I Arizton Advisory & Intelligence
REPORT OVERVIEW
The US coding & marking market will be valued at around $ 1,321.74 MN in 2022. This report provides complete information regarding consumer purchasing behavior and the adoption of coding & marking in the US. Major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the US coding & marking market to gain access to commercially launched products.
KEY HIGHLIGHTS:
- The GDP contribution of the US to the global economy was around $23.32 trillion in 2021. The US holds a significant share of the benchtop tools market and is expected to further grow at a significant rate over the forecast period. High affordability and rise in disposable income play an important role in driving the demand for the coding & marking market in the country.
- Coding and marking solutions have found a consistent demand in the US owing to the frequent monitoring by government regulatory bodies. The U.S. Food and Drug Administration (USFDA) has been regulating the food code in the country since 1997. Their database has a food code reference system that enables users to search and retrieve the data as per their choices.
- Another key growth area for vendors in the coding and marking market arises from the growth of various end-user industries. For instance, almost every region in the country has witnessed considerable growth in the natural foods and beverages segment. In addition, the demand for organic food items has seen a sharp rise due to the growing inclination among people to eat healthily.
- Over 15% of the US population prefers to consume food products with over 69% plant-based content driving the demand for organic products. Increasing demand for men's grooming products, organic cosmetics, and anti-aging products is boosting the demand for packaging, coding, and marking in the US.
- The demand for products is rising in the US, mainly due to the high disposable income. Increasing product consumption due to high disposable income is boosting packaging demand, thereby driving the e-growth of the coding and marking market. In 2023, disposable personal income increased by 0.5% and reached $89.9 billion and personal consumption expenditure increased $27.9 billion which is an increase of 0.2%.
- The US is one of the leading producers of cosmetics and personal care products and is the hub of prominent companies in this segment. The US has a footprint of several multinational companies in cosmetics that hold a prominent position across the globe. For instance, Revlon, L'Oreal, Avon, and others are the most popular cosmetic products. Therefore, the country is expected to witness a huge demand for coding and marking from the cosmetics and personal care segment.
LIST OF VENDORS
Key Vendors
- Danaher
- Dover
- Brother Industries
- Hitachi Industrial Equipment & Solutions
- ITW Diagraph
Other Prominent Vendors
- ANSER
- EBS Ink-Jet Systems
- Iconotech
- ID Technology
- KEYENCE
- Leibinger Group
- Matthews International
- Squid Ink
- Zanasi
- Laserax
- REA Elektronik
- SATO Holdings
- Weber Marking Systems
- Xaar
CHAPTER - 1: US Coding & Marking Market Overview
- Executive Summary
- Introduction
- Key Findings
CHAPTER - 2: US Coding & Marking Market Projected (Revenue)
- US: Projected Revenue of Coding & Marking (2022-2028) ($Millions)
CHAPTER - 3: US Coding & Marking Market Market Data (Revenue)
- US: Projected Revenue by Technology (2022-2028); (Revenue $MN)
o CIJ
o LASER
o PALM
o TTO
o PIJ
o VIJ
o TIJ
- US: Projected Revenue by End-User (2022-2028); (Revenue $MN)
o Food & Beverage
o Healthcare
o Electrical & Electronics
o Chemicals & Construction
o Automotive & Aerospace
o Others
- US: Projected Revenue by Product Mix (2022-2028); (Revenue $MN)
o Consumables
o Equipment
o Spare Parts & Aftermarket
CHAPTER - 4: US Coding & Marking Market Prospects & Opportunities
- US Coding & Marking Market Trends
- US Coding & Marking Market Drivers
- US Coding & Marking Market Constraints
CHAPTER - 5: US Coding & Marking Market Industry Overview
- US Coding & Marking Market - Competitive Landscape
- US Coding & Marking Market - Key Players
- US Coding & Marking Market - Other Prominent Vendors
CHAPTER - 6: Appendix
- Research Methodology
- Abbreviations
- About Arizton
LIST OF EXHIBITS
Exhibit 1: Historic Scenario: US Coding & Marking Market 2018-2028 ($ million)
Exhibit 2: Historic Scenario: CIJ Technology 2018-2028 ($ million)
Exhibit 3: Historic Scenario: LASER Technology 2018-2028 ($ million)
Exhibit 4: Historic Scenario: PALM Technology 2018-2028 ($ million)
Exhibit 5: Historic Scenario: TTO Technology 2018-2028 ($ million)
Exhibit 6: Historic Scenario: PIJ Technology 2018-2028 ($ million)
Exhibit 7: Historic Scenario: VIJ Technology 2018-2028 ($ million)
Exhibit 8: Historic Scenario: TIJ Technology 2018-2028 ($ million)
Exhibit 9: Historic Scenario: Food & Beverage Industry 2018-2028 ($ million)
Exhibit 10: Historic Scenario: Healthcare Industry 2018-2028 ($ million)
Exhibit 11: Historic Scenario: Electrical & Electronics Industry 2018-2028 ($ million)
Exhibit 12: Historic Scenario: Chemicals & Construction Industry 2018-2028 ($ million)
Exhibit 13: Historic Scenario: Automotive & Aerospace Industry 2018-2028 ($ million)
Exhibit 14: Historic Scenario: Other Industries 2018-2028 ($ million)
Exhibit 15: US Coding & Marking Market ($ million)
Exhibit 16: US Coding & Marking Market by Technology 2022-2028 ($ million)
Exhibit 17: Market by CIJ Technology ($ million)
Exhibit 18: Market by LASER Technology ($ million)
Exhibit 19: Market by PALM Technology ($ million)
Exhibit 20: Market by TTO Technology ($ million)
Exhibit 21: Market by PIJ Technology ($ million)
Exhibit 22: Market by VIJ Technology ($ million)
Exhibit 23: Market by TIJ Technology ($ million)
Exhibit 24: US Coding & Marking Market by End-user 2022-2028 ($ million)
Exhibit 25: Market by Food & Beverage End-user ($ million)
Exhibit 26: Market by Healthcare End-user ($ million)
Exhibit 27: Market by Electrical & Electronics End-user ($ million)
Exhibit 28: Market by Chemical & Construction End-user ($ million)
Exhibit 29: Market by Automotive & Aerospace End-user ($ million)
Exhibit 30: Market by Other End-user ($ million)
Exhibit 31: US Coding & Marking Market by Product Mix 2022-2028 ($ million)
Exhibit 32: Market by Consumables ($ million)
Exhibit 33: Market by Equipment ($ million)
Exhibit 34: Market by Spare Parts & Aftermarket ($ million)
LIST OF TABLES
Table 1: Quantitative Summary Revenue US Coding & Marking Market ($ million)
Table 2: Quantitative Summary Projected Revenue by Technology ($ million)
Table 3: Quantitative Summary Projected Revenue by End-User ($ million)
Table 4: Quantitative Summary Projected Revenue by Product Mix ($ million)
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