The global smart labels market size is projected to reach USD 13.91 billion by 2026. The growing demand for clean-labelled products will have a positive impact on the growth of the market in the coming years.
According to a report published by Fortune Business Insights, titled “Smart Labels Market Size, Share & Industry Analysis, By Technology (Electronic Article Surveillance (EAS) Security, RFID, Sensing Labels, Near Field Communication Tag, and QR Code/2D Barcode), By End-User (Retail, Healthcare & Pharmaceuticals, Food & Beverages, Consumer Electronics, Supply Chain and Logistics, Transportation, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 3.93 billion in 2018 and will exhibit a CAGR of 17.3% during the forecast period, 2019-2026.
To Gain More Insights into the, Browse Summary of the Research Report: https://www.fortunebusinessinsights.com/smart-label-market-102419
Report Overview:
The smart labels market is segmented on the basis of factors such as technology, end user, and regional demographics. The report provides forecast values for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals. The report highlights the latest product launches and labels major innovations in the market. In addition to this, it states the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years.
Some of the leading companies that are operating in the global smart labels market are:
- Avery Dennison Corporation
- Advantech Co., Ltd.
- Checkpoint Systems, Inc.
- Alien Technology, Inc.
- CCL Industries Inc.
- Multi-Color Corporation
- Invengo Technology Pte. Ltd.
- Mühlbauer Group
- Thin Film Electronics ASA
- Sato Holdings Corporation
- Zebra Technologies Corporation
- Smartrac N.V.
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North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth
The report analyses the ongoing smart label market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the market in North America is likely to emerge dominant in the coming years. The presence of several large scale companies has provided the platform for the growth of the regional market. The increasing investment by major companies in this region will emerge in favor of market growth. As of 2018, the market in North America was worth USD 1.47 billion and this value is projected to increase further in the coming years.
Industry Developments:
January 2018 – SATO announced that it has partnered with UNTUCKit. Through this acquisition, the company plans to enhance its inventory management based on RFID labels.
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The Global Smart Label Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Browse the complete Global Smart Label Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/10987-smart-label-market-report The report also covers the complete competitive landscape of the global Smart Label market with company profiles of key players such as: Avery Dennison Corporation (US)CCL Industries, Inc (Canada)Zebra Technologies Corporation (US)Alien Technology Inc (US)Intermec Inc (US)Checkpoint Systems, Inc. (US)Sato Holdings Corporation (Japan)Smartrac N.V. (Netherlands)Muhlbauer Holding AG & Co. Ltd (Germany)ASK SA (France)Thin Film Electronics ASA (Norway)Graphic Label, Inc (US)Invengo Information Technology Co. Ltd. (China)Displaydata Ltd (UK)William Frick & Company (US)The detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeElectronic Article Surveillance (EAS) LabelsRFID LabelsSensing LabelsElectronic Shelf/Dynamic Display LabelsNear Field Communication (NFC) TagsBy ApplicationAutomotiveFast Moving Consumer Goods (FMCG)Healthcare & PharmaceuticalLogisticRetailManufacturingOthersBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Smart Label Market @ https://www.decisiondatabases.com/contact/download-sample-10987The Global Smart Label Market has been exhibited in detail in the following chapters –Chapter 1 Smart Label Market Preface Chapter 2 Executive SummaryChapter 3 Smart Label Industry AnalysisChapter 4 Smart Label Market Value Chain AnalysisChapter 5 Smart Label Market Analysis By TypeChapter 6 Smart Label Market Analysis By ApplicationChapter 7 Smart Label Market Analysis By GeographyChapter 8 Competitive Landscape Of Smart Label CompaniesChapter 9 Company Profiles Of Smart Label IndustryPurchase the complete Global Smart Label Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10987Other Reports by DecisionDatabases.com:Global Sleeve Label Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Electronic Shelf Label (ESL) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Self-Adhesive Labels Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
June 13, 2019: The global smart label market is expected to reach USD 16.12 billion by 2025, according to a new report by Grand View Research, Inc.
Installation of efficient anti-theft and anti-counterfeit system in several end-user industries is projected to propel the demand.
Constant research and innovation efforts to design advanced and application specific products are expected to be the key trend in the global smart label market over the next few years.Rapid urbanization and rise in disposable income of consumers have propelled key end-user industries such as retail, FMCG, and healthcare & pharmaceutical in Asia Pacific in the recent past.
Growing economic trends in China, India, Japan, South Korea, and South East Asian countries have created lucrative opportunities in the smart label market.Download sample Copy of This Report at: https://www.radiantinsights.com/research/smart-label-market/request-sample Usage of smart label helps companies to prevent key issues such as theft, shop lifting, and counterfeit.
Thus, emerging presence of key retail and manufacturing industries in developing regions is projected to accelerate the growth of smart label market in the next few years.Further key findings from the report suggest:The global market for smart label was valued at around USD 4.21 Bn in 2015 and is expected to reach over USD 16.12 Bn by 2025, growing at a CAGR of 14.7% from 2016 to 2025RFID labels accounted for over 60% of global volumes in 2015, and is expected to grow over the next nine years on account rising demand in retail sectorsIn terms of components, batteries segment was estimated to dominated the global smart label market in 2015Access Full Report With TOC @ https://www.radiantinsights.com/research/smart-label-market Retail inventory accounted to be the largest application segment in 2015, accounting for over 22% of the global smart label market volume owing to excellent real time tracking efficiencyPerishable goods application segment is anticipated to exhibit promising trend by expanding at the fastest CAGR from 2016 to 2025 due to rising use in medication management and medical instrumentsRetail is expected to be the highest revenue generating end-user segment of the smart label market growing at a double digit CAGR of over 14% from 2016 to 2025, owing to improved supply chain efficiency obtained from smart labelAsia Pacific is projected to witness the fastest growth rate over the forecast period, owing to promising trend in retail and FMCG industries in developing countriesAvery Dennison Corporation, CCL Industries, Inc, Zebra Technologies Corporation, Alien Technology Inc, Intermec Inc, Checkpoint Systems, Inc are some of the key players operating in smart label marketThe major smart label manufactures are focusing to enhance their presence in emerging BRIC counties through introduction of new products and capacity expansionAbout Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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