openPR Logo
Press release

Smart Labels Market Is Projected To Reach USD 38.66 Billion By The Year 2028, At A CAGR Of 16.39% During The Forecast Period 2022-2028

Smart Labels Market Is Projected To Reach USD 38.66 Billion By

Market Overview
Global Smart Labels market was valued at USD 13.36 billion in 2021 and is expected to reach USD 38.66 billion by the year 2028, at a CAGR of 16.39% between 2022 to 2028.

In response to rising consumer interest in accessing product details on their mobile devices, the Grocery Manufacturers Association (GMA) established the Smart Labels Market. Incorporating digital technology and smart devices, these labels provide consumers with easy access to in-depth product information. It is anticipated that expanding consumer access to more detailed information about their purchases will contribute to the expansion of the global smart labels industry. Smart labels can be easily accessed by customers and alleviate a number of problems for them, such as speedy identification, reduced errors, and automated reading.

Get a Complete Copy of this report -
https://introspectivemarketresearch.com/reports/smart-labels-market/

Driver:
The Smart Labels Market was launched by the Grocery Manufacturers Association (GMA) to cater to shoppers' growing demand for instant access to product information via mobile devices. Thanks to their use of digital technology and mobile devices, these labels give buyers instant access to a wealth of product details. In addition to rising consumer awareness of their rights, rising sales of electronic products have been a boon for the smart labels sector.

Opportunity:
Rapid population growth and urbanisation have spurred the development of a variety of related service sectors, including the food and health care industries. Smart label demand will be driven by product packaging and printing. There is a rise in the middle class and an increase in the use of smartphone apps. This facilitates customer access to product details. To capitalise on the growing demand, the smart labels industry must adopt smart packaging practises that maximise interaction with consumers. Further supporting the expansion of the smart labels market is the 44% increase in online retail.

Get a Sample Copy of the report @
https://introspectivemarketresearch.com/request/1598

Market Segmentation
Segmentation Analysis of Smart Labels Market:
By Technology Type, the RFID segment is accounted for the largest segment with Smart Labels market share of 54.32% and estimated to have a market size of USD 15.39 billion in the year 2026. Due to key benefits associated with the RFID segment like Automatic data capture, information accuracy, and real-time tracking, the segment RFID is growing the Smart Labels market.
• EAS
• RFID
• Sensing
• ESL
• Near Field Communication (NFC) tags

By Applications Type, the Perishable Goods segment is accounted for the largest segment with Smart Labels market share of 45.32% and estimated to have a market size of USD 12.48 billion in the year 2026 with a CAGR of 16.05%. Apart from perishable goods, retail inventory is the fastest and largest growing segment that is witnessing and leading the growth of Smart Labels market.
• Retail Inventory
• Perishable Goods
• Electronics & IT Assets
• Others

Regional Insights:
The Smart Labels market is growing rapidly in the Asia-Pacific region. Asia-Pacific region is accounted for the largest Smart Labels market share of 37.2% across the globe with a CAGR of 16.52% and a market size of USD 3.71 billion in the year 2019. But in the forecast period, due to the high demand from the regions like China, Japan, Australia, and India, Asia-Pacific is expected to continue the growth with estimated market size of USD 10.71 billion in the year 2026.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

For Customization:
https://introspectivemarketresearch.com/custom-research/1598

Major Key Players Considered in the Market
• Avery Dennison Corporation
• CCL Industries.
• Checkpoint Systems.
• Smartrac N.V.
• Zebra Technologies Corporation
• Alien Technology.
• Sato Holding Corporation
• Intermec Inc.
• Avery Denison Corporation
• Thin Film Electronics ASA
• Checkpoint Systems, Inc. and other major players.

The Smart Labels market report reveals the top competitors as well as their effective market strategies that helped them achieve their goals. It also considers the features and attributes that may influence market sales growth. The analysis contains precise market size, share, production capacity, demand, and growth numbers for the industry for the projected year. The market is fast changing, according to the research report, and the impact is being evaluated in terms of both current position and expected ramifications. The market research report provides type, industry, channel, and other factor information, as well as market volume and value for each segment of the market. The global Smart Labels market research report provides an in-depth analysis of the industry's current and future position. The research report, which was created through rigorous primary and secondary research, provides all necessary market data.

The Report Will Contains A Crucial Chapter
1. Patent Analysis
2. Regulatory Framework
3. Technology Roadmap
4. BCG Matrix
5. Heat Map Analysis
6. Price Trend Analysis
7. Investment Analysis
8. Company Profiling and Competitive Positioning
9. Industry Value Chain Analysis
10. Market Dynamics and Factors
11. Porter's Five Forces Analysis
12. Pestle Analysis
13. SWOT Analysis

Order a copy of Smart Labels Market research report at -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=1598

Table Of Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Continue.

Related Reports:
https://introspectivemarketresearch.com/reports/rotary-sealers-market/

https://introspectivemarketresearch.com/reports/smart-meters-market/

https://introspectivemarketresearch.com/reports/smart-bottles-market/

Contact Us:
Mike Cooper
Business Development Manager
3001 S King Drive, Chicago, Illinois,
U.S. A 60616
Contact No: USA: +1 (773) 382 1049 / IND: +91-81-8009-6367
Email: sales@introspectivemarketresearch.com

About Us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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 Smart Labels Market Is Projected To Reach USD 38.66 Billion By The Year 2028, At A CAGR Of 16.39% During The Forecast Period 2022-2028 here

News-ID: 2905887 • Views:

More Releases from Introspective Market Research

Vegan Food Market Growing at 9.9% CAGR to Hit $ 37,332.36 Million by 2030 |Growth, Share Analysis, Company Profiles & Regional Outlook- IMR
Vegan Food Market Growing at 9.9% CAGR to Hit $ 37,332.36 Million by 2030 |Growt …
Market Synopsis: The anticipated growth of the Vegan Food Market is projected to witness a substantial increase, escalating from USD 17,543.00 Million in 2022 to an estimated USD 37,332.36 Million by 2030. This growth is forecasted to occur at a remarkable Compound Annual Growth Rate (CAGR) of 9.9% throughout the forecast period spanning from 2023 to 2030. Vegan cuisine includes foods that are free from animal-derived products, such as meat, dairy, eggs,
Automotive Armrest Market By Type, By Material, By Sales Channel, By Region- Global Industry Analysis And Forecast 2021- 2028
Automotive Armrest Market By Type, By Material, By Sales Channel, By Region- Glo …
The Global Automotive Armrest Market size is expected to grow from USD 2.01 Billion in 2022 to USD 2.17 Billion by 2030, at a CAGR of 0.98% during the forecast period (2023-2030). Automotive Armrest are a feature of automobiles that enable drivers to rest their hands or store important items so that they can be easily accessed when driving. Space, a cup holder, and control of certain non-essential vehicle functions are
Coffee Whitener Market size to increase by USD 27.98 Bn | Driven by growing prominence for online retailing | Introspective Market Research
Coffee Whitener Market size to increase by USD 27.98 Bn | Driven by growing prom …
Market Overview: The global coffee whitener market is estimated to be worth USD 18.1 billion in 2022 and is projected to reach USD 27.98 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. Coffee whitener, available in liquid or granular form, serves as a milk substitute when added to coffee. Termed also as coffee creamer, its popularity is set to surge due to the growing vegan movement,
US Smart Cities Industry Development, Key Manufacturers and Forecast Report 2023-2030
US Smart Cities Industry Development, Key Manufacturers and Forecast Report 2023 …
Market Overview: The US Smart Cities Market is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022. The US Smart Cities Market is a dynamic and rapidly evolving landscape focused on transforming urban areas through the integration of innovative technologies and data-driven solutions. Smart cities leverage digital infrastructure, IoT devices, data analytics, and connectivity to enhance the quality of life, sustainability,

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as