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Showing posts with the label Coding and Marking Systems and Solutions

The Global Coding and Marking Systems and Solutions Market is Projected to Reach US$5.3 Billion by 2024

Increasing Focus on Product Traceability & Rising Concerns over Counterfeiting to Drive Growth in the Coding & Marking Systems and Solutions Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Coding and Marking Systems and Solutions market. The global Coding and Marking Systems and Solutions market is projected to reach US$5.3 billion by 2024 , driven by the increasing focus of brands and suppliers on ensuring product traceability, preventing counterfeiting. The need to comply with stringent regulatory requirements and industry standards on coding and marking is also fueling market growth. Coding and marking forms an important part of the manufacturing process and intralogistics of packaged consumer and industrial goods. Used to print product-related details, such as manufacturing date, batch number, and expiry date ...