Smart Label Market 2021: Top Performing Regions with Industry Size, Future Demand Status and Business Advancement plans till 2026

The research report on the global “Smart Label Market” includes in-depth forecasting trends, growth rates, and precise insights into new technologies. During the projected period of 2021-2026, this research examines the influence of Covid-19 on the growth of the Smart Label market by segment and sub-segment.

- These labels are used as a tool to enable smart supply chains and are also playing a vital role in the marketing and advertising of consumer products. This can be achieved through the provision of product information, as well as the analysis of consumer buying patterns that can be accessed from the data collected by these labels. Cost-cutting over the supply chain, to be closer to the nearest level of efficiency, by manufacturers, has been a critical factor that has augmented the demand and prompted the proactive adoption of these solutions to gain the first-mover advantage in the individual end-user industry.
- The e-commerce sector's significant growth, coupled with the rising use of communicative and connected packaging, bolstered the demand for smart labels across the world. Over the past few years, the e-commerce sector has observed remarkable growth in developed and developing economies.

The major players in the Smart Label Market are: Avery Dennison Corporation, CCL Industries Inc., William Frick & Company, Honeywell International Inc. (Honeywell Productivity and Workflow Solutions), Invengo Information Technology Co. Ltd, Scanbuy Inc., Sato Holdings Corp., Zebra Technologies Corporation

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Key Market Trends

Electronic Article Surveillance (EAS) Technology is Expected to Drive the Market Growth

- Electronic article surveillance (EAS) has the primary application of surveillance against shoplifting from retail stores, pilferage of books from libraries, and property removal from office buildings. In addition, this technology increases merchandising capability, deters theft and burglary, and can lessen stock losses by up to 85% (According to the Multi-color Corporation).
- Sites with high efficacy for EAS labels are libraries, apparel and footwear, health and beauty, and food and beverage. They offer a positive shopping experience and maximum protection. The system under this technology usually consists of three components, namely the electronic antenna, deactivator or detacher, and an electronic tag.

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There are 13 chapters to put on view for Smart Label Market:

Chapter 1: Market Overview, Market Drivers, Market Restraints, and Market Opportunities, Market Segmentation Overview

Chapter 2: Market competition by Manufacturers, Country

Chapter 3: Production by Regions, Demand and Supply

Chapter 4: Consumption by Regions, Demand and Supply

Chapter 5: Production, By Types, Revenue and Market share by Types, Condition

Chapter 6: Consumption, By Applications, Market share (%) and Growth Rate by Types and Application

Chapter 7: Complete profiling and analysis of Manufacturers, Regions

Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses, Current Condition

Chapter 9: Market Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Market Future Forecast

Chapter 13: Smart Label market Research Findings and Conclusion, methodology and data Source

Customization:

The Global Smart Label Market report may be modified to meet your specific business needs. Because we understand what our clients’ needs and want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients

About Us:

The report of COVID-19 on the market has been tracked in all of the reports we've listed. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update which is important, please check for with the sales team.

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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

+1 (704) 266-3234

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This release was published on openPR.