Smart Labels Market Report, Growth, Competitive Analysis, Trends and Forecast 2021-2026

The latest report by IMARC Group, titled "Smart Labels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," offers a comprehensive analysis of the industry, which comprises insights on Smart Labels market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global smart labels market witnessed strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 14% during the forecast period (2021-2026).

A smart label is an innovative transparent label associated with digital technology and smart devices. It is an identification label that is applied to the products. It enables the customers to access detailed information about any product. It might be embedded as a chip, antenna, or bonded wire which assists in tracking goods and other assets.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Smart Labels Market Trends:

The global market is majorly driven by the increasing demand for effective anti-theft devices. In line with this, the rising security concerns in enterprises are significantly contributing to the market across the globe. Furthermore, the widespread adoption of the smart label in the packaging industry is positively influencing the market. Apart from this, the growing product applications across various industry verticals, such as healthcare, pharmaceutical, logistics, retail, and food and beverage, are catalyzing the market growth. Moreover, rapid technological advancements like big data, IoT, and digital printing inventions are propelling the market further. Additionally, strict regulations imposed by the government of various countries regarding the disclosure of product information are also providing a boost to the market.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

Avery Dennison Corporation
CCL Industries Inc
Checkpoints Systems, Inc
Zebra Technologies Corporation
Intermec, Inc.
Invengo Information Technology Co Ltd
Sato Holdings Corporation
Thin Film Electronics ASA
Smartrac N.V.
Muehlbauer Holding AG

Smart Labels Market Segmentation:

Our report has categorized the market based on region, type, component type and end use industry.

Breakup by Type:

RFID
Electronic Article Surveillance
Electronic Shelf Label
Sensing Label
Near Field Communication

Breakup by Component Type:

Batteries
Transceivers
Microprocessors
Memories
Others

Breakup by End-user:

Retail
Logistics and Transportation
Healthcare
Food and Beverage
Aerospace
Data Centers
Libraries
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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