The Asia-Pacific coding and marking systems market is predicted to grow at 8.4% CAGR during the forecast period (2021–2027) to reach USD 3,140.3 million by 2027. The Asia-Pacific market is primarily driven by extensive growth in the retail and industrial domains.

Asia-Pacific coding and marking systems market. Continuous inkjet coding is extensively being adopted by the business organizations due to its affluence of installation, high-speed printing, and ease of running for long hours with the minimum requirement of service.

This is primarily due to the strict government regulations towards marking information on the food and beverage products. In addition, growing consumer awareness towards the manufacturing and expiry date of the product, and information related to ingredients, thus increasing the demand for coding and marking systems in the food and beverages industry.

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Furthermore, strict government regulations in order to show the formulation of the product, the amount of each ingredient credited toward a pattern component is further bolstering the growth of the Asia-Pacific coding and marking systems market.

The high cost of coding and marking systems is expected to hinder the growth of this market amongst the industrial consumers from developing countries such as India, Indonesia, Thailand, and others that are considered to be price sensitive.

India is observed to witness significant growth in the market during the forecast period. Significant growth in the packaging industry (due to the easy availability of raw materials), plays a major role in driving the growth of the Indian coding and marking systems market.

Danaher Corporation, Dover Corporation, Domino Printing Sciences plc, KGK Marking Technologies Group, Linx Printing Technologies, Control Print Limited, Hitachi Ltd., Matthews International Corporation, and ATD Marking Systems are some of the key players operating in the Asia-Pacific coding and marking systems market.