The global food and beverages (F&B) coding and marking equipment market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.84% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 1.7 Billion
Market Forecast in 2032
US$ 2.6 Billion
Market Growth Rate 2024-2032
4.84%
In the food and beverage industry, coding and marking equipment are used for providing product-specific information. Common marking and coding formats include barcodes, QR codes and 2D codes, and include information about the product’s price, manufacturing date, batch number, expiry date, shelf life, ingredients and industry certifications. Marking and coding can help in improving supply chain traceability and visibility of products. They also assist in building and maintaining brand image by assuring consumers of the authenticity and freshness of a product. Nowadays, vendors are utilizing marking and coding for tracking consumer habits and creating tailored marketing programs.
Global F&B Coding and Marking Equipment Market Drivers:
In recent years, the increasing number of counterfeit products has encouraged the governments of various nations to implement stringent regulations mandating F&B manufacturers to print detailed product information on the packaging. These regulations have created a positive impact on the demand for up-to-date coding and marking equipment in the industry. Moreover, a rise in health and safety concerns has encouraged consumers to look for products with regulatory certificates and traceability tags. Apart from this, the global F&B coding and marking equipment market has witnessed a series of technological advancements which have maximized efficiency and flexibility. For instance, manufacturers are introducing printers that recycle any unused ink to reduce waste and production costs. They are also developing equipment with lower replacement requirements to reduce downtime.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food and beverages (F&B) coding and marking equipment market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on type, technology and application.
Breakup by Type:
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Primary Packaging Coding
Secondary Packaging Coding
Primary packaging coding currently accounts for the highest share.
Breakup by Technology:
Continuous Inkjet
Laser
Thermal Transfer Overprinting
Print and Apply Labeling Machine
Piezoelectric Inkjet
Valve Inkjet
Thermal Inkjet
Continuous inkjet currently represents the biggest segment.
Breakup by Application:
Food Industry
Beverage Industry
Food Industry accounts for the majority of the global market share.
Regional Insights:
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Europe
Asia Pacific
North America
Middle East and Africa
Latin America
At present, North America holds the leading position in the market.
Competitive Landscape:
The global food and beverages (F&B) coding and marking equipment market consists of numerous small and large manufacturers. Some of the leading players operating in the market are:
Danaher Corporation
Domino Printing Sciences plc
Hitachi Ltd.
Diagraph Corporation
ID Technology (Pro Mach, Inc.)
Superior Case Coding, Inc.
Universal Labeling Systems
SATO America
Durable Technologies
Jantech Marking Equipment
Brother Industries, Ltd.
Dover Corporation
Illinois Tool Works Inc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Type, Technology, Application, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered
Danaher Corporation, Domino Printing Sciences plc, Hitachi Ltd., Diagraph Corporation, ID Technology (Pro Mach, Inc.), Superior Case Coding, Inc., Universal Labeling Systems, SATO America, Durable Technologies, JanTech Marking Equipment, Brother Industries, Ltd., Dover Corporation, and Illinois Tool Works Inc.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global food and beverages (F&B) coding and marking equipment market was valued at US$ 1.7 Billion in 2023.
We expect the global food and beverages (F&B) coding and marking equipment market to exhibit a CAGR of 4.84% during 2024-2032.
The growing concerns towards food safety, along with the rising consumer inclination towards products with regulatory certificates and traceability tags, are primarily driving the global food and beverages (F&B) coding and marking equipment market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous food and beverage packaging units, thereby negatively impacting the global market for F&B coding and marking equipment.
Based on the type, the global food and beverages (F&B) coding and marking equipment market can be bifurcated into primary packaging coding and secondary packaging coding. Currently, primary packaging coding holds the majority of the total market share.
Based on the technology, the global food and beverages (F&B) coding and marking equipment market has been segmented into continuous inkjet, laser, thermal transfer overprinting, print and apply labeling machine, piezoelectric inkjet, valve inkjet, and thermal inkjet. Among these, continuous inkjet currently exhibits a clear dominance in the market.
Based on the application, the global food and beverages (F&B) coding and marking equipment market can be categorized into food industry and beverage industry. Currently, the food industry accounts for the majority of the global market share.
On a regional level, the market has been classified into Europe, Asia Pacific, North America, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global food and beverages (F&B) coding and marking equipment market include Danaher Corporation, Domino Printing Sciences plc, Hitachi Ltd., Diagraph Corporation, ID Technology (Pro Mach, Inc.), Superior Case Coding, Inc., Universal Labeling Systems, SATO America, Durable Technologies, Jantech Marking Equipment, Brother Industries, Ltd., Dover Corporation, Illinois Tool Works Inc., etc.
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