The Asia-Pacific coding and marking systems market is predicted to grow at 8.4% CAGR during the forecast period to reach USD 2,140.3 million by 2024. The Asia-Pacific market is primarily driven by the extensive growth in the retail and industrial domain.

Geographically, China is the largest coding and marking systems market as the country is home to a large retail base, manufacturing hub, and supported by the growing food and beverage industries. According to a recent report, it has been observed that China Food and Drug Administration has introduced reform for labeling of pre-packaged products according to that norm the manufacturers operating in food and beverage industry are required to adhere to certain norms such as inclusion of detailed information pertaining to name of the product, details of producer, storage condition, ingredients and identification of batch.