QR Code Labels Market Latest Rising Trend & Forecast to 2020 - Top Companies Lintec Corporation, CCL Industries, Packtica SDN Bhd, Label Logic, Inc., Hibiscus PLC, Data Label Co. UK., Coast Label Company, Label Impressions Inc

QR code labels are a part of security labels and are now being widely used for all kinds of applications across the globe. QR code labels manufactures are now engaging in manufacturing a variety of waterproof labels, specially designed for harsh environments. They are robust and high-density barcodes that are capable of carrying abundant data as compared to conventional barcodes.

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By Label Type, Pressure Sensitive Labels segment is likely to grow due to the growing transportation and logistics industries and the need for product authentication, tamper evidence and security features have stimulated the market for these labels. Furthermore the increased application across the sectors such as food & beverages, pharmaceuticals and automotive has fueled the market used in packaging.

Packaging and label has become an important tool for marketers to attract customers and also to influence their purchase behavior. Further, packaging is also an important way to communicate with the consumers by providing customers with relevant information about the product through an effective labelling.

QR codes are used in various applications which include inventory management, marketing and advertisement, security, mobile payments, and personal use. Also, they can be utilized in storing personal information for use by associations, store bank account information, or they can be explicitly designed to work with specific payment provider applications. There are several trial applications of QR code payments over the world. In developing countries, QR code payment is a very popular and convenient method of making payments.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Lintec Corporation
2. CCL Industries
3. Packtica SDN Bhd
4. Label Logic Inc.
5. Hibiscus PLC
6. Data Label Co. UK.
7. Advanced Labels NW
8. Coast Label Company
9. Label Impressions Inc.
10. Consolidated Label & Co

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Global QR code labels market is expanding with the growing industrialization and product manufacturing companies. Also, QR code labels have a much higher storage capacity as compared to conventional barcodes with a capacity of 20 numeric characters. Additionally, a majority of established companies manufacturing QR code labels are shifting their focus to waterproof QR code labels that efficiently withstand harsh weather conditions. These all factors are boosting the global QR code labels market.

North America, Western Europe, and Asia Pacific are estimated to be major regions for QR code labels market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of QR code labels market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for QR code labels market in this region.

The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for QR code labels market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Market Segmentation:
By Label Type:
Sleeve Labels
Glue Applied Labels
Pressure Sensitive Labels
By Printing Technology:
Flexographic Printing
Digital Printing
Offset Lithography
Gravure Printing
By Application:
Product Tracking
Item Identification
Time Tracking
Document Management
General Marketing
By End-User:
Food & Beverages
Retail
Pharmaceuticals
Personal Care & Cosmetics
Automotive
Homecare & Toiletries
Chemicals
Industrial Sector

By Region:
North America
By Country (US, Canada, Mexico)
By Label Type
By Printing Technology
By Application
By End-User
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Label Type
By Printing Technology
By Application
By End-User
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Label Type
By Printing Technology
By Application
By End-User
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Label Type
By Printing Technology
By Application
By End-User
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Label Type
By Printing Technology
By Application
By End-User
Rest of the World
By Region (South America, Africa)
By Label Type
By Printing Technology
By Application
By End-User

Reasons to Buy This Report:
Market size estimation of the global QR code labels market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

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This release was published on openPR.