Germany Coding and Marking Systems Market Provides Information On The Historical And Current Market Size And The Future Potential Of The Market

Posted on 2019-07-16 by P&S Intelligence in Chemicals // 0 Comments

CITY, Country, 2019-Jul-16 — /EPR Network/ —Stringent government regulations regarding product safety and traceability have mandated the proper labeling of manufacturing date, ingredients list, nutrition facts, and manufacturer details on the primary and secondary packages of food and beverage (F&B) items; thus, fueling the market growth in the country.

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Due to the presence of sophisticated automotive technology and major automotive manufacturers, such as Audi AG and Daimler AG (manufacturer of the Mercedes-Benz series), the country has the largest concentration of original equipment manufacturers (OEMs) of automobiles. In order to ensure identification and create protection against the threat of counterfeits, automobile manufacturers have started using scannable invisible anti-counterfeit printing inks and barcodes. As a result, the demand for advanced coding and marking systems has also increased among these manufacturers, thus providing ample growth opportunities for German coding and marking systems market growth.

Coding and marking systems provide product related details on the packaging, such as batch number, price, manufacturing and expiry date, and other related information to end users. Coding and labelling allow the identification and tracking of components through the different phases of the production process.

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Rising demand from the F&B and pharmaceutical industries are one of the primary factors driving the market. Rising sales of packaged food, bottled water, and milk drink is fueling the growth of the packaged F&B industry across the country. On the other hand, the growing demand of pharmaceutical packaging is supported by multiple factors such as increase in awareness among manufacturers of the benefits of citing drug information on the package, and rising penetration of blister packaging in the pharmaceutical industry.

Hence, rapid growth of the pharmaceutical packaging industry and growing demand from F&B industry is acting as a long-term growth driver for the coding and marking systems market of Germany.

Some of the major players operating in the coding and marking systems market of Germnay are Hitachi Ltd., REA Elektronik GmbH, Domino Printing Sciences plc, KBA-Metronic GmbH, Dover Corporation, and Danaher Corporation.

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