Press release
Smart Labels Market 2018 Worldwide Overview By RFID, Electronic Shelf Label and Sensing Label | CCL, Invengo IT, Checkpoint Sys, Avery Dennison, Displaydata, Sato Holdings, Smartrac
Smart Labels
Market Scenario
The growing retail sector and increased security concerns related to anti-theft are the key drivers of smart labels market. With the rapid growth of retail and manufacturing sector, the demand for smart labels has gone up in merchandise and asset tracking. This is backed by the unique features of smart labels such as re-programmability, simultaneous identification, real time tracking and usage across various industries which have led to the growth of the global smart labels market.
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Key Players
The key players of Global Smart Labels Market report include- CCL Industries Inc., Invengo Information Technology Co. Ltd., Checkpoint Systems Inc., Avery Dennison Corporation, Displaydata Ltd., Sato Holdings Corporation, Smartrac N.V., Willian Frick & Company, Zebra Technologies Corporation, Intermec Inc., Thin Film Electronics ASA, ASK S.A., Graphic Label Inc., Alien Technology Inc. and Muhlbauer Holding Ag & Co. Kgaa.
Segments
Global smart labels market is segmented on the basis of components, technology, application, End-use industry and region. On the basis of technology it is segmented as RFID, electronic shelf label, sensing label, and others. On the basis of application it is segmented as electronic & IT asset, retail, perishable goods, and others. On the basis of end-use industry it is segmented as manufacturing & retail, healthcare & pharmaceuticals, automotive, FMCG, logistics, and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
Global Smart Labels Market - Regional Analysis
Asia-Pacific is expected to show a very high rate of growth in demand for smart labels over the coming years, owing to rising disposable incomes and the booming ecommerce industry. The smart labels market in developing countries such as China and India are estimated to grow at a high rate in the forecast period. China is estimated to grow faster than any other country because of its strong economic growth along with increase in online shopping, increased investment by packaging industries, and rapid urbanization.
China accounts for the largest market in Asia Pacific. China dominates with its electronics and appliance industry. Domestic manufacturers are accounting for the increase in share of consumer electronics due to growing brand reputation and improved technology. Factors such as rising increase in disposable income, urbanization are some of the major factors driving the demand for Smart labels solutions in the packaging.
Scope of Report
The report for Global Smart Labels Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Study Objectives of Global Smart Labels Market
• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global smart labels market
• To provide insights about factors affecting the market growth
• To analyze the global smart labels market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (RoW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by technology, application, end-use industry and by region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global smart labels market
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