2 yrs - Translate

Flourishing Food and Beverage Industry Fueling Surging Sales of Coding and Marking Systems in Turkey

For more insights:- https://www.psmarketresearch.c....om/market-analysis/t

The increasing applications of coders and printers in the food and beverage industry is one of the major factors propelling the sales of marking and coding systems in Turkey. Due to the high customer demand for fast food items and various food and beverage products, the food and beverage industry is growing rapidly in the country. As per TurkStat, there were nearly 499 beverages producing and 42,030 food processing companies in the country in 2015.

Furthermore, the market is predicted to advance at a CAGR of 7.9% between 2018 and 2023. Laser coding and marking, drop-on demand, thermal ink jet, continuous inkjet, thermal transfer overprinting, and print and apply labelers are the most widely used technologies in coding and marking systems in Turkey. Out of these, the demand for continuous inkjets was found to be the highest in the past years. This was because of the various beneficial traits of these printers.

The ability to easily print characters on any material, cost-effectiveness, and high-speed printing are some of the major beneficial traits of these printers. Electrical and electronics, chemical, automotive and aerospace, healthcare, and food and beverage are the major end users of marking and coding systems in Turkey. Amongst these, the usage of these systems was observed to be the highest in the food and beverage industry during the last few years.

This was because of the existence of strict government policies in the country that mandate the proper labeling of the manufacturing date, ingredients list, manufacturer details, and nutrition facts on the secondary or primary packages of various food and beverage items. A major trend currently being witnessed in the industry is the emergence of eco-friendly coding technologies. Many coding and marking system manufacturers are focusing on reducing the usage of hazardous solvents such as methyl ethyl ketone (MEK).

Moreover, the manufacturers of marking and coding systems are aiming to reduce the utilization of volatile organic compounds (VOCs) and prevent smearing in order to reduce the environmental damage caused because of marking and coding. In addition to this, many organizations are producing low VOC-containing fluids and focusing on mitigating the mission of hazardous air pollutions (HAPs), mutagens, carcinogens, and allergens while keeping the various green requirements in the country in consideration.

Hence, it is safe to say that the sales of coding and marking systems would shoot-up in the country in the future years, on account of their growing requirement in the food and beverage industry.

Turkey Coding and Marking Systems Market - Industry Report 2023
www.psmarketresearch.com

Turkey Coding and Marking Systems Market - Industry Report 2023

Turkey coding and marking systems market is estimated to account for $76.4 million in 2017, and is projected to exhibit a CAGR of 7.9% during the forecast period.