The global inkjet coders market is anticipated to surge to USD 3.9 billion by 2033. It is estimated to record a steady CAGR of 7.7% from 2023 to 2033. It is likely to exceed a valuation of USD 1.8 billion in 2023.
The market is anticipated to witness gradual development in demand due to increasing emphasis on anti-counterfeiting policies, compliance with strict regulations on labeling, and traceability. Inkjet coders are non-contact coding machines that print dates, batch numbers, and times on several packaging products, such as cartons and containers.
These encoders are primarily used in food and beverage, electronics, personal care products, automotive, and pharmaceutical industries. Inkjet technology involves spraying ink toward the print head by artificial pressure stimulation and is suitable for marking flat, curved surfaces. The falling cost of these printers is anticipated to positively affect the demand for inkjet coders internationally.
Technological advances in these encoders include the development of software that monitors and controls the automatic discharge system and ink viscidness. It saves time by discontinuing and removing the print head daily and is anticipated to create key growth opportunities for the market.
Furthermore, reduced air involvement with ink and the growing need to minimize solvent evaporation rate are also expected to drive advancements in the market during the forecast period.
By diminishing the solvent evaporation rate and significantly eliminating the possibility of solvent evaporation from bulk inks, ink-stripping times can be increased. This, in turn, advances the functionality of the inkjet encoder. The rapidly rising retail sector and growing demand for FMCG products are projected to drive the market. This growth is likewise attributed to favorable demographic and socio-economic factors, including urbanization, population growth, and rising living standards.
The growing number of drug stores further drives the demand for such programmers. In the pharmaceutical sector, these printers are mostly used to mark packages, boxes, and blister packs of medicines and pharmaceuticals, providing the traceability required by law while protecting against fake products.
| Attributes | Key Insights |
|---|---|
| Inkjet Coders Market Estimated Size (2023E) | USD 1.8 billion |
| Inkjet Coders Market Size (2022) | USD 1.7 billion |
| Projected Inkjet Coders Market Valuation (2033F) | USD 3.9 billion |
| Value-based CAGR (2023 to 2033) | 7.7% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global inkjet coders market registered an astonishing CAGR of 9.1% in the historical period between 2018 and 2022. It is anticipated to rise at a decent CAGR of 7.7% in the assessment period.
| Historical Value (2022) | USD 1.7 billion |
|---|---|
| Historical CAGR (2018 to 2022) | 9.1% |
Continuous inkjet technology was the first forms of inkjet coding. It was introduced in the mid-20th century and allows for high-speed non-contact printing, making it suitable for a variety of industrial applications. Before inkjet technology, several encoding methods involved physical contact with the substrate, which could cause damage, especially for delicate materials. Inkjet programmers have revolutionized the industry by enabling non-contact printing.
Drop-on-demand technology, which sprays ink droplets only when needed, has emerged as an alternative to continuous inkjet coders. It allows for more precise printing control, reduces ink consumption, and improves print quality. Over the years, there have been significant advances in print head technology, improving resolution, print speed, and durability. This allows for more detailed and faster encoding.
As industries adopt more automated production lines, programmable inkjet coders have been integrated into software and control systems. This enables greater customization, real-time data monitoring, and seamless operations within the larger manufacturing ecosystem.
The need for clearer barcodes, QR codes, and product information has led to the development of high-resolution inkjet coders. This is especially important in industries with strict labeling and traceability requirements.
Industries such as pharmaceuticals and food processing face increasing regulatory requirements regarding traceability, serial numbers, and product labeling. Inkjet printer programmers have had to evolve to meet these compliance needs. With growing environmental awareness, there has been a shift towards eco-friendly inks and sustainable coding solutions. Water-based and solvent-free inks have gained a foothold due to their lower environmental impact.
| Attributes | Key Factors |
|---|---|
| Latest Trends |
|
| Growth Hindrances |
|
| Upcoming Opportunities |
|
Principal Consultant
The table below explains the inkjet coders market size and CAGRs of the top 5 countries in the inkjet coders space. The United States is expected to surge to USD 707.8 million by 2033. Japan is expected to cross around USD 363.4 million by 2033, a bit less than the USD 567.3 million of China.
| Countries | Market Value (2033) |
|---|---|
| United States | USD 707.8 million |
| United Kingdom | USD 121.7 million |
| China | USD 567.3 million |
| Japan | USD 363.4 million |
| South Korea | USD 201.9 million |
In the table below, the CAGRs of the top 5 countries are given for 2023 to 2033. South Korea and China are expected to remain dominant by exhibiting a CAGR of 8.1% and 8.0%, respectively. Japan and the United States are likely to follow with CAGRs of 7.5% and 7.7%, respectively.
| Countries | Value-based CAGR (2023 to 2033) |
|---|---|
| United States | 7.7% |
| United Kingdom | 7.3% |
| China | 8.0% |
| Japan | 7.5% |
| South Korea | 8.1% |
The United States inkjet coders market will likely reach USD 707.8 million by 2033. It expanded at a CAGR of 9.0% in the historical period. The United States inkjet market is the world's leading, driven by several industries, including food and beverage, pharmaceutical, cosmetics, and manufacturing. The market is growing steadily due to the rising demand for coding and marking solutions.
Food and beverage is among the leading industries for inkjet coder programmers in the United States. Applications include batch, date, barcoding, and product labeling for packaged foods and beverages. The pharmaceutical industry needs drug packaging coding to be accurate and compliant.
Several manufacturing industries use inkjet coders for product identification, branding, and traceability. This comprises automotive, electronics, and industrial equipment.
Stringent guidelines in industries such as pharmaceutical and food require precise and compliant coding. Inkjet printers must meet industry-specific safety, traceability, and quality control standards. The market has seen continued advances in inkjet technology, including developments in color printing capabilities, print head technology, and software integration. High-resolution printing, variable data printing, and fast-drying inks are the improvements.
The United Kingdom inkjet coders market is expected to generate revenue worth USD 121.7 million by 2033. It expanded at a CAGR of 9.4% in the historical period. The adoption of digital printing technology, including inkjet coders, is growing. The need for customization, shorter print times, and variable data aptitudes drive this shift.
The development of e-commerce and the need for personalized packaging are important drivers for inkjet coder programmers. Industries progressively seek flexible solutions that can handle diverse packaging materials. There is an increasing focus on ecologically friendly inks and sustainable coding solutions. This comprises water-based inks and solvent-free options as companies look to reduce their ecological impact.
The United Kingdom inkjet market is very competitive, with established manufacturers and new entrants offering a wide range of products. Market participants differentiate through technological innovation, product flexibility, and after-sales support.
Integrating inkjet coders with Industry 4.0 principles, including IoT and smart manufacturing, is a top priority. This enables real-time monitoring, data analysis, and connectivity with other production line parts.
China's inkjet coders market is anticipated to generate revenue worth USD 567.3 million by 2033. It expanded at a CAGR of 8.7% in the historical period. This dominance can be accredited to huge manufacturing sectors in several industries. This region is projected to remain leading in the market through the forecast period.
Key manufacturers in this market are from China due to low domestic investment costs, technological developments, and changing trends and necessities of market participants. Furthermore, several regional and national governments have introduced legislative standards to mitigate the rapid increase in piracy and counterfeiting.
For instance, in 2011, the China Food and Drug Administration (CFDA) published coding standards for pre-packaged foods, which permitted manufacturers to comprise information on manufacturer details such as product name, batch identification, ingredients, and storage conditions on the packaging. These standards require inkjet coder suppliers in the region to rely on marking and coding systems to label manufactured products, thereby driving market development accurately.
Japan inkjet coders market is projected to generate revenue worth USD 363.4 million by 2033. It expanded at a CAGR of 8.5% in the historical period. Japan's inkjet coder market is the leading in the world and has strong growth. This growth is driven by the country's thriving manufacturing sector, including food and beverages, electronics, pharmaceuticals, and packaging.
Japan's position as the 'world's factory' has boosted demand for inkjet coders. The country's vast manufacturing capacity across several industries requires efficient and reliable encryption solutions. Japan is a key electronics manufacturing center. Inkjet coders are important in labeling electronic components, PCBs (printed circuit boards), and other goods in this industry.
Like other countries, China's food and beverage industry is an important consumer of inkjet coders. This includes batch coding, date coding, and product labeling applications. The pharmaceutical industry in Japan is rising rapidly, driving demand for inkjet coders to ensure precise coding and acquiescence with regulations.
The South Korea inkjet coders market is projected to generate revenue worth USD 201.9 million by 2033. It expanded at a CAGR of 10.3% in the historical period. Korea is home to key auto companies such as Hyundai and Kia. The automotive industry needs accurate and dependable coding for parts, components, and vehicles, representing a large market for inkjet coders.
Akin to worldwide trends, South Korea specializes in regulatory compliance in sectors such as pharmaceuticals and food. Precise coding is critical for traceability and superiority control. Korea is recognized for its advanced technology and revolution. The inkjet coders market has seen advances in color printing capabilities, print head technology, and software integration.
South Korea has a thriving e-commerce sector, leading to increased demand for inkjet coders for packaging and labeling. The need for modified and personalized packaging solutions has led to the adoption of advanced encryption technology. Ecological sustainability is a significant consideration for several industries in Korea. This has increased interest in environmentally friendly inks and sustainable encoding solutions.
Korea has a competitive inkjet coder market, including domestic and international manufacturers. Local manufacturers have achieved prominence with innovative technological solutions. The Korean government actively supports initiatives and rules that promote innovation and adoption of modern and advanced manufacturing technologies, including inkjet printing.
The table below signifies the inkjet coders market's leading sub-categories under type and application categories. As per the report, the CIJ inkjet coder is expected to dominate the market for inkjet coders by exhibiting a 7.5% CAGR in the evaluation period. Under the application segment, the food category is projected to lead the global market at 7.3% CAGR through 2033.
| Category | Forecast CAGR (2023 to 2033) |
|---|---|
| CIJ Inkjet Coder (by Type) | 7.5% |
| Application (by Food) | 7.3% |
In terms of type, CIJ inkjet coders are expected to generate a significant share in the inkjet coders market by 2033. It expanded at 8.9% in the historical period from 2018 to 2022. Continuous inkjet (CIJ) technology is the main type of coding inkjet coders available on the market. CIJ inkjet coders are widely used in several industries due to their ability to provide high-speed, non-contact printing on several substrate types.
CIJ encoders can print at high speeds, making them suitable for applications involving rapid production lines, such as in the beverage, pharmaceutical, and packaging industries. It allows the printing of information such as date, batch number, QR code, etc. on the packaging. This makes it suitable for applications where each product may contain unique information.
The CIJ encoder does not physically touch the surface, which is important for delicate materials or situations where contact may be undesirable (e.g., food packaging). It can print on a variety of substrates, including plastic, metal, glass, paper, and more. This versatility makes them applicable in several industries.
CIJ programmers also offer a variety of ink options, including solvent-based inks, water-based inks, and UV-curable inks. This versatility allows compatibility with different materials and applications. They are designed to be easily integrated into existing production lines, making them a practical choice for manufacturers looking to deploy encoding solutions without major disruption.
Based on application, the food category is projected to account for the leading significant inkjet coders market share through 2033. It registered an average CAGR of 8.6% from 2018 to 2022. In the food industry, inkjet coding is important in ensuring product safety, traceability, and compliance with regulatory requirements.
They are used to print necessary information on food packaging. Coding inkjet coders print production dates, expiration dates, and expiration dates on food packaging. This information is very important for consumers to know the freshness and safety of the product.
Each food product batch must be traceable in case of quality problems or recalls. Inkjet coders mark products with unique batch and batch numbers for easy tracking. Barcodes provide a standardized method for tracking products throughout the supply chain. Inkjet printers that print barcodes enable efficient inventory management, distribution, and sales tracking.
These codes can contain a variety of information about the product, including origin, ingredients, allergen information, and more. They allow consumers to access detailed information using smartphones. Inkjet printers can print nutritional information on food packaging, including calories, fat content, protein, carbohydrates, and other essential nutritional information.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Inkjet suppliers are focusing on developing new products, which will help strengthen their presence in the market. Creating new traction preregs with new qualities, including high precision, energy efficiency, exceptional electrical properties, and versatility, is another area of ??interest for major companies. To achieve this, they invest heavily in extensive research and development.
For instance
| Attribute | Details |
|---|---|
| Estimated Inkjet Coders Market Size (2023) | USD 1.8 billion |
| Projected Market Valuation (2033) | USD 3.9 billion |
| Value-based CAGR (2023 to 2033) | 7.7% |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (USD Billion) |
| Segments Covered | Type, Application |
| Regions Covered | North America; Latin America; East Asia; South Asia Pacific; Western Europe; Eastern Europe; Middle East & Africa |
| Key Companies Profiled | Anser Coding Inc; Diagraph; Domino Printing Sciences plc; Hitachi Industrial Equipment Systems Co., Ltd; ID Technology; LLC; ITW Diagraph; KGK Jet India Private Limited |
The inkjet coders market is likely to reach USD 3.9 billion by 2033.
The inkjet coders market is set to expand at 7.7% CAGR through 2033.
The inkjet coders market exhibited a CAGR of 9.1% between 2018 and 2022.
China inkjet coders market is estimated to expand at a CAGR of 8.0% through 2033.
The food segment might witness 7.3% CAGR through 2033.
The United Kingdom inkjet coders market is expected to total USD 121.7 million by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. CIJ Inkjet Coder 5.2. DOD Inkjet Coder 5.3. TIJ Coder 5.4. Other Types 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Food 6.2. Medical 6.3. Packing 6.4. Cosmetic 6.5. Automobile 6.6. Other Applications 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Anser Coding Inc 17.2. Diagraph 17.3. Domino Printing Sciences plc 17.4. Hitachi Industrial Equipment Systems Co., Ltd 17.5. ID Technology, LLC 17.6. ITW Diagraph 17.7. KGK Jet India Private Limited 17.8. Kiwi Coders Corporation 17.9. Linx Printing Technologies 17.10. Markem-Imaje 17.11. Marsh 17.12. Media Data Systems Pte Ltd 17.13. Shanghai Rottweil Handyware Printing Technology Co., Ltd 17.14. Squid Ink 17.15. Videojet Technologies Inc 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Technology Insights
View Reports
Inkjet Coders Market
