Press release
Inventory Tags Market to see explosive Growth by 2026 | Major Players: Avery Dennison, 3M, Tyco International Plc, Brady etc
Inventory Tags
The latest Market report by a Data Bridge Market Research with the title [Global Inventory Tags Market - Industry Trends and Forecast to 2026] . Inventory Tags Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Global inventory tags market is expected to register a substantial CAGR of 4.5% in the forecast period of 2019-2026. The Inventory Tags market report performs comprehensive analysis of profiles of key market players that gives a competitive landscape to the businesses.
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A tag is a label which is attached to products for providing information regarding it. An inventory tag is a tag which is attached to inventory items to provide information regarding raw materials, finish goods and other specific information related to the products. Inventory tags helps in easy identification of product type, specification, and quantity. Inventory tags are regarded the most significant component that helps to enhance the general supply chain management effectiveness.
The study considers the Inventory Tags Market value and volume generated from the sales of the following segments:
Major Market manufacturers covered in the Inventory Tags Market are:
Avery Dennison Corporation, 3M, Tyco International Plc., Brady Worldwide, Inc., Infocomm Media Development Authority, Zebra Technologies Corp., Alien Technology, LLC, Checkpoint Systems Inc., Smartrac N.V., Hewlett-Packard Development Company, L.P, Cenveo Corporation, Henkel AG & Co. KGaA
By Technology
Barcodes
RFID
QR Codes
By Materials
Metal
Plastic
Paper
By End-User
Industrial
Retail
Logistic
Others
By Printing technology
Digital Printing
Flexography
Lithography
Screen Printing
Gravure
Others
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Based on regions, the Inventory Tags Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Market Drivers:
1. Increasing demand of real time tracking system boost the market growth
2. Increasing demand of fraudulent products can fuel the market growth of inventory tag
3. Rising awareness among people regarding the advantages of inventory tags can drives the market growth
4. High accuracy in inventory tracking can increase the market growth
Market Restraints:
1. Lack of global standards in inventory tag can hamper the market growth
2. Technical problems associated with inventory tag can restrain the market growth
Key Developments in the Market:
1. In November 2018, Resource Label Group, LLC, a leading provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, acquired Best Label Company. The main aim for this acquisition is to enhance their product portfolio along with providing a high level of product quality and innovative packaging solutions to their customers
2. In April 2017, CCL Industries acquired two European online digital printing businesses for their Avery unit. This launch would help the company in expanding its product portfolio and to gain high profit from it
Key Benefits for Inventory Tags Market:
1. In-depth analysis of the Market is conducted by constructing Market estimations for the key Market segments between 2020 and 2026. The report provides an extensive analysis of the current and emerging Inventory Tags Market trends and dynamics.
2. Key Market players within the Market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
3. Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market
4. A comprehensive analysis of all the regions (North America, Europe, Asia-Pacific, South America, The Middle East and Africa )
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Data Bridge Market Research
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UK: +44 208 089 1725
Hong Kong: +852 819+2 7475
Email: Corporatesales@databridgeMarketresearch.com
About Us:
Data Bridge Market research endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best Market opportunities and foster efficient information for your business to thrive in the Market.
We ponder into the heterogeneous Markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the Market trends. Data Bridge delves into the Markets across Asia, North America, South America, Africa to name few.
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