Press release
Inventory Tags Market to Grow to $7.04 Billion by 2028, Fueled by Barcode Technology
Inventory Tags Market Report
The inventory tags market size is expected to see steady growth in the next few years. It will grow to $7.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to demand for real-time tracking, supply chain optimization, integration of cloud-based solutions, focus on security and anti-theft measures. Major trends in the forecast period include advancements in rfid, security and anti-counterfeiting measures, sustainability initiatives, enhanced durability and longevity, focus on data analytics.
Market Overview -
Inventory tags are labels or markings attached to items or containers and contain important information such as the item name, description, quantity, location, and other details that are needed to manage inventory effectively.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10448&type=smp
Exploring The Inventory Tags Market Surge Driven By Fraudulent Products
The rise of fraudulent products is expected to propel the growth of the inventory tags market going forward. Fraudulent products are goods or services that refer to products deliberately misrepresented or falsely labeled to deceive consumers or gain an unfair advantage in the marketplace. This shift resulted from the cheap price of fraudulent products, weak laws, corruption, and ineffective enforcement. Inventory tags can help reduce fraudulent products by providing a way to track products through the supply chain and verify their authenticity. For instance, according to Business Wire, an India-based news magazine, in 2021 counterfeit medical products have raised by 47% as compared to 2020. This rise in counterfeited products is specifically observed for vaccines, COVID-19 test kits, medicines, antibiotics, and sanitizers. Therefore, the rise of fraudulent products is driving the growth of the inventory tags market.
Competitive Landscape -
Major companies operating in the inventory tags market report are Avery Dennison Corporation, 3M Company, Zebra Technologies Corporation, Brady Corporation, Alien Technology Corporation, Cenveo Corporation, Checkpoint Systems Inc., Hewlett Packard Enterprise Company, Tyco International Ltd., Johnson Controls International plc, Ivaanshi Printpack Private Limited, G.M. Label Manufacturing Ltd., Arora Print Packers Pvt. Ltd., Globe Traders Pvt. Ltd., SATO Corporation, Honeywell International Inc., HID Global Corporation, Datalogic S.p.A., Intermec Inc., Invengo Technology Pte. Ltd., Smartrac N.V., FineLine Technologies Inc., William Frick & Company Inc., Metalcraft Technologies Inc., Nexqo Technology Co. Ltd., Confidex Ltd., MSM Solutions Ltd., NXP Semiconductors N.V., Omni-ID Ltd., Camcode Limited
The Role Of Technology In Shaping The Future Of Inventory Tags
Technological advancements are a key trend gaining popularity in the inventory tags market. Companies operating in the inventory tags market are adopting new technologies to sustain their position in the market. For instance, in March 2023, SimplyRFiD, the United States company specializing in RFID technology, launched Popsicle RAIN RFID Flag Tag. This RFID tag is suitable for use in various industries, including pharmaceuticals, electronics, and automotive, where precise tracking and identification of products are crucial. The Popsicle is designed with a transparent adhesive section and a non-adhesive RFID flag, making it an excellent choice for labeling solid-surface products while preserving the visibility of product information.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/inventory-tags-global-market-report
Key Segments -
The inventory tags market covered in this report is segmented -
1) By Type: Plastic, Paper, Metal, Other Types
2) By Printing Technology: Offset Printing, Digital Printing, Flexography Printing, Gravure Printing, Other Printing Technologies
3) By End-Users: Industrial, Commercial, Retail, Other End-Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Inventory Tags Market to Grow to $7.04 Billion by 2028, Fueled by Barcode Technology here
News-ID: 3478165 • Views: …
More Releases from The Business Research Company
Sludge Dewatering Equipment Market Set to Reach $7.05 Billion in 2028 within For …
The sludge dewatering equipment market size has grown strongly in recent years. It will grow from $4.47 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to stringent environmental regulations, population growth and urbanization, focus on water recycling and reuse, industrialization and manufacturing growth, need for sustainable waste management, rising awareness of water…
Rapid Expansion of SCARA Robot Market Expected to Reach $18.11 Billion in 2024 D …
The scara robot market size has grown rapidly in recent years. It will grow from $9.07 billion in 2023 to $10.47 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to growth in manufacturing automation, demand for high-speed and precision assembly, increased need for repeatable tasks, expansion of electronics and semiconductor industries.
The scara robot market size is expected…
Research and Development Outsourcing Services Market to Reach $12.63 Billion in …
The research and development outsourcing services market size has grown strongly in recent years. It will grow from $8.25 billion in 2023 to $8.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increased complexity of r&d activities, growing need for cost optimization, increased competition in the market, growing demand for specialized expertise, need for faster time-to-market.
The…
Digital Transformation Fuels Growth in Product Engineering Services Market, Reac …
The product engineering services market size has grown strongly in recent years. It will grow from $980.78 billion in 2023 to $1063.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to globalization, rising complexity of products, consumer expectations.
The product engineering services market size is expected to see strong growth in the next few years. It will grow…
More Releases for Inventory
Inventory Management Software Market 2021 Status and Outlook- Monday.com, TradeG …
The Global Inventory Management Software Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry…
Inventory Management Software Market 2021 Status and Outlook- Monday.com, TradeG …
The Global Inventory Management Software Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry…
Inventory Software Market is Likely to Witness huge Growth - Major Key Players a …
Up Market Research added a new Inventory Software Market research report for the period of 2019 – 2025. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Exclusive Free Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/123258
The report contains 94 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth,…
Inventory Management Software Market Is Booming Worldwide | Monday.com, TradeGec …
A latest survey on Global Inventory Management Software Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Inventory Management Software market. The report bridges the historical…
Inventory Software Market Global Forecast 2018| Studied By SAP, NetSuite, Desker …
UpMarketResearch published an exclusive report on “Inventory Software market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 97 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Inventory Software market, especially in North America, Europe and Asia-Pacific, South America, Middle East and…
Manufacturing Inventory Software Market 2018-2025: Key Players Sage Software, Op …
The report covers the present scenario and the growth of the global Manufacturing Inventory Software market for 2018-2025. The report considers the revenue generated from the Manufacturing Inventory Software licenses, maintenance and support, installation, customization, and training. The software also handles all front and back office needs like general ledger, time recording, billing, and accounting.
Scope of the Report:
This report focuses on the Global Manufacturing Inventory Software Market by Manufacturers, Regions,…
