On the basis of technology, the coding and marking systems market is segmented into continuous inkjet, thermal inkjet, print & apply labelers, thermal transfer overprinting, laser coding and marking, drop on demand, and valve jet & hot melt inkjet. Among all these segments continuous inkjet coding is extensively being adopted by the business organizations due to its affluence of installation. Furthermore, this technology is further projected to generate the largest revenue during the estimated period and thermal transfer printers are expected to witness considerable growth during the forecast period.

On the basis of end user, the global coding and marking system market is segmented into food & beverage, electrical & electronics, automotive & aerospace, chemical, healthcare and others. Food & beverages is further sub-segmented into fruits & vegetables, meat & poultry, pet food & animal feed, dairy products, packaged food and others. Among all these segments the food and beverage segment accounted for the largest share of more than 35.0% in the global coding and marking systems.