The Turkey coding and marking systems market is projected to reach $120.4 million by 2023. The market growth is mainly driven by the growing applications of coding and marking systems in industries including food and beverage, automotive, chemicals, and others, in the country.
On the basis of technology, the Turkey coding and marking systems market is segmented into continuous inkjet, laser coding and marking, thermal ink jet, drop-on-demand, print and apply labelers, thermal transfer overprinting, and others. Of these, continuous inkjet has been the largest category in the Turkey coding and marking systems market, with an estimated contribution of more than 40.0% in 2017.
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On the basis of end user, the Turkey coding and marking systems market is segmented into food and beverage, electrical and electronics, automotive and aerospace, chemical, healthcare, and others. Of these, food and beverage was the largest category, with an estimated revenue contribution of more than 45% in 2017.
Emergence of environment-friendly coding technologies is identified as the major trend in the Turkey coding and marking systems market. Manufacturers of coding and marking systems are focusing on decreasing the use of hazardous solvents such as methyl ethyl ketone (MEK), reducing the content of volatile organic compounds (VOCs), and preventing smearing to decrease the negative environmental impact of coding and marking.
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Some of the major players operating in the Turkey coding and marking systems market are Danaher Corporation, Hitachi Ltd., Dover Corporation, Matthews International Corporation, Domino Printing Sciences plc, and Savema Markalama ve Kodlama Makinalari San. Tic. Ltd. Sti. (Savema).
TURKEY CODING AND MARKING SYSTEMS MARKET SEGMENTATION
- By Technology – Continuous Inkjet, Laser Coding and Marking, Thermal Ink Jet Printer, Drop-on-Demand, Print & Apply Labelers, Thermal Transfer Overprinting, and Others
- By End User – Food & Beverage, Electrical & Electronics, Automotive & Aerospace, Chemical, Healthcare, and Others
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