The global coding- and marking-equipment market is on a clear growth path. As shown in a recent Grand View Research report, the market was worth $17,528 million worldwide by the end of 2024.

Furthermore, GVR’s projections estimate the market value will reach $24,927 million by 2030, with a significant 6.1% compound annual growth rate (CAGR). As the research’s findings suggest, this expansion is primarily driven by the industrial sectors where identification and traceability are becoming more critical—namely pharmaceutical, food and beverage, cosmetics, and electronics.

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