Global Smart Labels Market Estimated to grow at a CAGR of 10.09% by 2025
This market is expected to grow at a rapid pace due to the variety of applications that it finds itself that encompasses a range of industries like retail, FMCG, healthcare, construction, automotive, and packaging. Another inseverable aspect that is expected to fuel the growth of automated market needs for streamlined and automated operations in businesses. Reliability and versatile functionality are the two benefits that change that is known to change the ways an industrial process changes. These benefits are provided by smart labels. The other factors such as the prevention of counterfeiting and theft are also expected to drive the global smart label market growth. Counterfeiting is a serious problem which the renowned brands all over the globe are faced with. It leads to deterioration of brand image, poor product performance and in most cases puts the consumers in danger. The increasing investment in loss prevention measures that leads to a loss in revenue as well as to stem the incidence of shoplifting, is another factor which is at the forefront of pushing the Global Smart Labels Market trend to new heights.
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The recent study on the global smart labels market covers an in-depth analysis of the market based on type, form, application, and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled "Global Smart Labels Market - Forecast from 2020 to 2025", the market is estimated to grow at a steady rate during the forecast period. The report has segmented the Global Smart Labels Market by Technology (Electronic Article Surveillance (EAS), RFID, Sensing Label, Non-EAS/RFID, Others);By End-User Industry (Healthcare, FMCG, Transport And Logistics, Manufacturing, Retail, Others); And by Geographiessuch as North Americas (the USA, Canada & Mexico), South America (Brazil, Argentina, and others), Europe (UK, Germany, France, and others), Middle East and Africa (Saudi Arabia, UAE, Israel, and others), and Asia Pacific (Japan, China, India, and others).
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global smart labels market.
The major players covered as part of the report are Avery Dennison Corporation, CCL Industries Inc., Zebra Technologies Corporation, Smartrac N.V., Alien Technology, SATO Holdings Co., Ltd., MuehlbauerHolding AG, Invengo Information Technology, Thin Film Electronics, Checkpoints Systems Inc.among others.
In this report the Global Smart Labels Market has been segmented based on the following:
o Electronic Article Surveillance (EAS)
o Sensing Label
o Electronic Shelf Label (ESL)
o Transport and Logistics
Middle East and Africa
o Saudi Arabia
Unique Reasons to Buy Global Smart Labels Market Report
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to a detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
Scope of Global Smart Labels Market
1. The forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at a global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.
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