openPR Logo
Press release

Inventory Tags Market worth 5.07 Billion USD by 2021 | Major Players are Avery Dennison Corporation (U.S.), Tyco International plc (Ireland), 3M Company (U.S.), Brady Corporation (U.S.)

09-18-2020 03:00 PM CET | Associations & Organizations

Press release from: MarketsandMarkets.com

Inventory Tags Market worth 5.07 Billion USD by 2021 | Major

The report "Inventory Tags Market by Technology (Barcodes, RFID), Label Type (Plastic, Paper, Metal), Printing technology (Digital Printing, Flexography, Lithography, Screen Printing, Gravure, Others), End-Use (Industrial, Retail, Others) - Global Forecast to 2021", The inventory tags market size is projected to grow from USD 4.08 Billion in 2016 to reach USD 5.07 Billion by 2021, at an estimated CAGR of 4.43%.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139388184

The inventory tags market is projected to witness significant growth in the future with the increasing popularity of the benefits of authentication technologies and the need for track & trace technologies, which are embedded in packaging. Developing markets such as China, Brazil, and India are emerging as growth frontiers for the inventory tags market. Growing economies, globalization, and reduced trade barriers act as the main drivers for increased opportunities in these countries.

Barcodes is projected to be the largest market segment of the inventory tags market during the forecast period
Track & trace and authentication technologies such as barcodes and RFID are some of the technologies used by companies to track their inventory. Barcode technologies are the most conventional and prominent technologies used in the inventory tags market. This segment dominated the inventory tags market in 2015, and this trend is projected to continue through 2021. In current economic conditions, retailers and manufacturers recognize that additional investments in loss prevention is necessary to combat the increasing level of inventory loss due to theft and counterfeiting. Logistics & transportation companies also benefit by using track & trace technologies as they can locate the package at any point during the delivery process. Track & trace technologies such as RFIDs and barcodes help in identifying the product as well as help in tracing the product across the supply chain.

Digital printing is projected to be the fastest-growing segment of the inventory tags market during the forecast period
The inventory tags market, by printing technology, is classified into nine segments, namely, digital printing, flexographic printing, gravure printing, thermal printing, screen printing, lithography, offset, and letterpress. The digital printing segment accounted for the largest market share in 2015 with its numerous benefits such as high-quality, cost-effective solution for manufacturing well-designed inventory tags with recycling options. Digital printing also uses ink-jet printing to print images.

Asia-Pacific to play a key role in the inventory tags market

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=139388184

Factors such as strong government support, efforts towards standardization, expanding application segments, convergence of technologies, rising awareness of using inventory tracking technologies, increasing urbanized population in China and India along with the growth in the disposable income in these countries are driving the growth of the Asia-Pacific inventory tags market. Rapid industrialization and imposition of strict laws pertaining to secure packaging are also major factors contributing to the growth of the inventory tags market.

The scope of the report covers detailed information regarding the major factors influencing the inventory tags market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the inventory tags market.

Scope of the Report :
This research report segments the inventory tags market into following submarkets:

By Printing Technology:
• Digital printing
• Flexography printing
• Gravure printing
• Screen printing
• Lithography printing
• Offset printing
• Letterpress printing

By Technology:
• Barcodes
• RFID

By Label Type:
• Plastic
• Paper
• Metal

By End-Use Sector:
• Industrial
• Retail

By Region:
• North America
• Europe
• Asia-Pacific
• RoW

Get 10% Customization on this Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139388184

Contact:
Mr. Aashish Mehra
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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 worth 5.07 Billion USD by 2021 | Major Players are Avery Dennison Corporation (U.S.), Tyco International plc (Ireland), 3M Company (U.S.), Brady Corporation (U.S.) here

News-ID: 2137219 • Views: 534

More Releases from MarketsandMarkets.com

Flexible Plastic Pouches Market worth $73.5 billion by 2026 : Major Players are …
The report "Flexible Plastic Pouches Market by Material (PE, PP), Type (Flat Pouches, Stand-up Pouches), Application (Food, Beverage), and Region (APAC, North America, Europe, South America, and Middle East & Africa) - Global Forecasts to 2026" The global flexible plastic pouches market size is estimated at USD 53.7 billion in 2021 and is projected to reach USD 73.5 billion by 2026, at a CAGR of 6.5%. The flexible plastic pouches
Exterior Wall Systems Market worth $199.3 Billion by 2026 : Major Players are Et …
The report "Exterior Wall Systems Market by Material Type (Ventilated, Non-Ventilated and Curtain Wall), Supporting Wall (Concrete, Wood and Masonry) End-use Industry (Commercial, Residential and Industrial), and Region - Global Forecast to 2026" The global exterior wall systems market size is projected to grow from USD 139.6 billion in 2021 to USD 199.3 billion by 2026, at a CAGR of 7.4% from 2021 to 2026. The market is projected to
Nonwoven Fabrics Market worth $53.5 billion by 2025 : Major Players are Ahlstrom …
The report "Nonwoven Fabrics Market by Polymer Type, Layer, Function, Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region - Global Forecast To 2025", The global nonwoven fabrics market size is projected to grow from USD 40.5 billion in 2020 to USD 53.5 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. The market is projected to grow in accordance
Technical Insulation Market worth $9.2 billion by 2024 : Major Players are Zotef …
The report "Technical Insulation Market by Product Type (Flexible, Rigid, MMF), Application (Heating & Plumbing, HVAC, Refrigeration, Industrial Process, Acoustic), End-use (Industrial & OEM, Energy, Transportation, Commercial), and Region - Global Forecast to 2024", The technical insulation market size is projected to grow from USD 7.6 billion in 2019 to USD 9.2 billion by 2024, at a CAGR of 4.0%, during the forecast period Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80630490 There has been

All 5 Releases


More Releases for Markets

Water Purifiers: Global Markets
Water purification refers to the process of cleaning water wherein unhealthy chemical compounds, organic and inorganic impurities, contaminants and other impurities are removed from the water content. The main objective of this purification is to provide clean and safer drinking water to people, and thereby minimize the spread of the many diseases caused by contaminated water. Water purifiers are technology-based devices or systems that make the water purification process easier
Acne Drugs: Global Markets
The global market for acne drugs was valued at REDACTED in 2019. The market is expected to growat a compound annualgrowth rate (CAGR) of REDACTED to reach REDACTED by 2025. Growth of the global market is attributed the increasing numberof cases of acne and skin diseases, unhealthy eating habits and the rising adoption of skin care productsworldwide. To Get Sample Copy of Report Visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=2798596 Increasing prevalence of the acne and
Research for Markets
This report studies the Global Light Management System Market, analyzes and researches the Light Management System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • GE (US) • Philips Lighting (Netherlands) • Eaton (Ireland) • Zumtobel (Austria) • OSRAM (Germany) Looking For More Information on This Market? Get Free Sample Report @ http://www.researchformarkets.com/sample/global-light-management-system-market-35079 Market segment by Regions/Countries,
Fior Markets
The report on the Global Industrial Automation for Oil & Gas Market is the in-depth documentation that offers a comprehensive overview of Industrial Automation for Oil & Gas market. The report focuses on the most prominent industry players across the world along with the information of their market share, company profiles, product pictures, specifications, contact information and sales. An executive-level blueprint for beginning of Industrial Automation for Oil & Gas
Restaurant Markets in China
China’s demand for Restaurant has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China’s economic trends, investment environment, industry development, supply
Diabetic Food: Global Markets
Diabetic Food Market (Ice Creams & Jellies, Dairy Products, Dietary Beverages, Baked Products, Confectionary, Snacks and Other Products): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 The report provides historic data of 2015 and forecast from 2016 to 2021 based on revenue (USD Billion) The report gives the overview of the diabetic food industry along with the forecast and analysis for the diabetic food market