Continuous inkjet (CIJ) inkjet coders are versatile printing solutions with diverse applications. They excel in high-speed, non-contact printing on various surfaces, including packaging materials, metals, and plastics. Key features of continuous inkjet (CIJ) inkjet coders include precise droplet control, allowing for intricate coding, and quick-drying inks. CIJ coders are used in industries such as food and beverage for labeling, pharmaceuticals for batch coding, and electronics for component marking. Their reliability, speed, and adaptability make them indispensable for coding and marking applications in manufacturing, ensuring product traceability and compliance.
According to Data Bridge Market Research, the Global Continuous Inkjet (CIJ) Inkjet Coders Market accounted for a value of 3.37 billion in 2021 and is expected to reach a value of USD 5.21 billion by 2029. The market is expected to grow with a CAGR of 5.60% in the forecast period of 2022 to 2029.
“Increasing demand for sustainable printing solutions boosts the market’s growth”
The continuous inkjet (CIJ) coders market is witnessing growth due to the increasing demand for sustainable printing solutions. As environmental concerns rise, businesses are actively seeking eco-friendly printing methods. CIJ inkjet coders, known for their efficiency and minimal waste production, align with sustainability goals. They enable high-speed, non-contact printing on various materials without the need for disposable cartridges. This eco-conscious approach resonates with industries, driving the adoption of CIJ coders and contributing to market growth as businesses prioritize sustainability in their operations.
What restraints the growth of the global continuous inkjet (CIJ) inkjet coders market?
“High operating costs restraints the market’s growth”
The continuous inkjet (CIJ) inkjet coders market faces growth constraints due to high operating costs. CIJ printers require regular maintenance, including cleaning and servicing of intricate components. Moreover, the consumption of specialized inks adds to operational expenses. Additionally, skilled technicians are needed for upkeep, contributing to labor costs. These cumulative expenses can deter some businesses from investing in CIJ technology, especially small and medium-sized enterprises, limiting market growth as companies weigh the cost-effectiveness of adopting these printers against alternative solutions.
Segmentation: Global Continuous Inkjet (CIJ) Inkjet Coders Market
The global continuous inkjet (CIJ) inkjet coders market is segmented on the basis of process, ink material, and application.
- On the basis of process, the continuous inkjet (CIJ) inkjet coders market is segmented into thermal CIJ, and piezoelectric CIJ.
- On the basis of ink material, the continuous inkjet (CIJ) inkjet coders market is segmented into water-based, alcohol-based, MEK inks, and others.
- On the basis of application, the continuous inkjet (CIJ) inkjet coders market is segmented into food industry, medical application, cosmetic industry, automobile industry, pipes, wires and cables, tobacco industry, packing industry, and others.
Regional Insights: North America is expected to dominate the Global Continuous Inkjet (CIJ) Inkjet Coders Market
North America is expected to hold a significant share of the global emerging inkjet printing market during the forecast period because continuous inkjet (CIJ) and drop-on-demand (DOD) printer technologies have gained widespread adoption due to their precision, speed, and versatility. They excel in various industries, including manufacturing, packaging, and coding. As businesses seek efficient and high-quality printing solutions, the popularity of CIJ and DOD printers continues to grow, driving market expansion.
Asia-Pacific is expected to grow at a rapid pace between 2022 and 2029 due to increasing awareness and constant product innovation. As businesses and consumers become more informed about the benefits of digital printing, such as customization, cost-effectiveness, and reduced waste, the demand surges. Simultaneously, manufacturers continually innovate, improving print quality, speed, and versatility.
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The Prominent Key Players Operating in the Global Continuous Inkjet (CIJ) Inkjet Coders Market Include:
- Videojet Technologies, Inc. (U.S.)
- Pannier Corporation (U.S.)
- Canon Singapore Pte. Ltd. (Singapore)
- H.P. Development Company, L.P. (U.S.)
- Xerox Corporation (U.S.)
- Brother Industries, Ltd. (Japan)
- KEYENCE CORPORATION (Japan)
- Konica Minolta Business Solutions India Private Limited (India)
- Seiko Epson Corporation (Japan)
- Lexmark International, Inc. (U.S.)
- Hitachi Industrial Equipment Systems Co.,Ltd. (Japan)
- Hewlett Packard Enterprise Development L.P. (U.S.)
- Domino Printing Sciences plc (U.K.)
Above are the key players covered in the report, to know about more and exhaustive list of global continuous inkjet (CIJ) inkjet coders market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Continuous Inkjet (CIJ) Inkjet Coders Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
