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Classified in: Mining industry, Covid-19 virus
Subject: MRR

Coding And Marking Equipment Market in Industrial Machinery Industry to grow by USD 1.45 billion | Technavio

NEW YORK, July 30, 2021 /PRNewswire/ --

"Increasing need for product traceability and the increasing demand for packaging will further boost market growth during the forecast period," says a senior analyst at Technavio.

Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities.
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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par on the coding and marking equipment market. The market growth in 2021 is likely to increase compared to the market growth in 2020.

The coding and marking equipment market in the Industrial Machinery industry is expected to grow by USD 1.45 billion, progressing at a CAGR of almost 7% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Coding and Marking Equipment Market 2021-2025: Key Highlights

Coding and Marking Equipment Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the coding and marking equipment market. Danaher Corp., Domino Printing Sciences Plc, Dover Corp., Hitachi Ltd., Inkjet Inc., Matthews International Corp., Paul Leibinger GmbH & Co. KG, Pro Mach Inc., REA Elektronik GmbH, and SATO Holdings Corp. are some of the major market participants.

The coding and marking equipment market report covers the following areas:

This study identifies the increasing number of labeling regulations as one of the prime reasons driving the Coding and Marking Equipment Market growth during the next few years.

To gain access to detailed market landscape, vendor analysis, and future trends impacting the growth of the market, download a sample:

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report link: https://www.technavio.com/report/coding-and-marking-equipment-market-size-industry-analysis

SOURCE Technavio

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