Coding and Marking Market As per the research Haason Reddick Color Rush Jersey , the global coding and marking market is expected to grow from $2,879.9 million in 2016 to $5,310.5 million by 2023. The rapidly growing food and beverages and healthcare industry especially in emerging economies of India, China, Brazil is generating significant demand for coding and marking. Different software and coders are designed to create a different mark for every product Christian Kirk Color Rush Jersey , which makes them easy to track during transportation. The technically-advanced products are likely to attract manufacturing and packaging companies thus fuel growth in the market. Modern inkjet and laser coders are designed to carry a large amount of information such as lot number, date code and sequential coding based on a unique serial number, which is recorded in a secure database. Wide range of styles and character sizes can be used and changed easily during the coding and marking process.
As per the findings of research, the global coding and marking market has been segmented into end-use, technology Josh Rosen Color Rush Jersey , and region. In 2016, coding market for food and beverages accounted for the largest share in global coding and marking market. On the other hand, continuous inkjet printer segment is expected to dominate the global coding and marking market on the basis of technology. Additionally, the positive growth in cosmetics, chemical and food and beverage industries is driving the packaging market across the world Carson Palmer Color Rush Jersey , which is expected to support further growth in the coding and marking market worldwide. Developing countries such as India, Brazil and China are contributing largely towards the increase in demand for coding and marking machines worldwide due to stringent government-regulations for packaging and rapid urbanization.
Asia-Pacific and Europe were the major regions in the global coding and marking market in 2016. The regions are expected to dominate the global market during the forecast period. China, India, Japan and South Korea are witnessing significant increase in the use of liquid packaging in food and beverages industry, which is driving the growth of coding and marking market. Additionally Patrick Peterson Color Rush Jersey , the growth in the pharmaceutical market in Asia-Pacific has spurred growth in the pharmaceutical packaging and coding and market. Growth in the disposable incomes of people in European countries, rise in demand for convenience food and increasing awareness of packaged food among consumers drive the growth of the European fresh food packaging market, which is supporting positive growth in the European coding and marking market.
The rising demand from the food and beverage, pharmaceutical and cosmetic industries are one of the primary factors driving the market. These industries capture the major market due to high demand at the customers’ end. The change in the lifestyle is directly impacting the buying decisions of the customers. For the packaging industry, trends such as rising sales of packaged food Larry Fitzgerald Color Rush Jersey , bottled water, fruit juice and milk drink have driven the global packaging and coding and marking market. Growth in the pharmaceutical packaging industry is supported by increasing demand for blister packaging and technological advancements taking place in the field of pharmaceutical packaging. The demand for food and beverages packaging is growing significantly in the Asia-Pacific region and is expected to grow further during the forecast period. Such growth is expected to be backed by the rising infrastructure and increased the purchasing power of the consumers of this region.
Get More Information Visit : https:www.psmarketresearch SINGAPORE, Oct. 9 (Xinhua) -- China's private company Huawei has made it to a list of the world's top 100 brands, according to the ranking released on Thursday.
The Best Global Brands ranking released by global consultancy Interbrand sees Huawei placed at the 94th with its brand value put at 4.3 billion U.S. dollars. The Chinese telecommunications equipment maker and corporate solutions provider is comparable to companies like Heineken, Pizza Hut and Hugo Boss.
Huawei is the first Chinese brand to make it to the top 100 brands list.
Jez Frampton Sam Bradford Color Rush Jersey , chief executive officer of Interbrand, said that the success of Huawei is attributable to its rapid growth and long- term investments in its brand.
"Despite its low brand awareness in the U.S., Huawei has gradually expanded its reach around the world. It continues to demonstrate its technological prowess in both its consumer products as well as in its enterprise solutions -- and it remains well positioned to meet the needs of customers in both emerging and developed markets," Frampton said.
Huawei is now one of the world's leading telecommunications top equipment makers and the third largest manufacturer of smart phones after Apple and Samsung. The report said that the company is poised to dominate key areas of the information technology market from mobile phones to networks as companies and entire industries continue to shift from legacy storage and equipment to more agile products.
Huawei has largely been blocked from entry into the United States amid unverified security suspicions.
The top six positions on the list are taken up by the same companies such as Apple, Google Chandler Jones Color Rush Jersey , Coca-Cola, IBM and Microsoft. Apple's brand value was put at 118.9 billion U.S. dollars, up 21 percent year on year, while that of Google increased by 15 percent to 107.4 billion U.S. dollars.
It was the first time that the value of any brand crossed the 100 billion U.S. dollars mark.