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Europe Track and Trace Solutions Market Trends, Opportunities, Report 2025

11-26-2024 06:21 AM CET | Health & Medicine

Press release from: Vynz Research

Europe Track and Trace Solutions Market Trends, Opportunities,

According to VynZ Research's latest report, titled "Europe Track and Trace Solutions Market - Analysis and Forecast (2025-2030)", the europe track and trace solutions market size reached USD 1.8 billion in 2023. It is expected to reach USD 3.5 billion by 2030, exhibiting a CAGR of 8.8% during 2025-2030.
Track or trace solution is the process which identify a specific object's previous and current position in transit and in storage among a host of other items in the warehouse. This process is been implemented by various businesses to allow better inventory management, goods delivery and product handling.

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Europe Track and Trace Solutions Market Trends/Growth :

The growth of this market depend on many key trends like improving traceability and visibility and of food, medical and feed products. The rising government initiatives in this respect is also quite remarkable. In this regard, resolution passed by the German Federal Government on improving visibility of products, to declare an amendment to the German Food and Feed Code that regulates the obligations to information related to transmit and traceability of food. Growing awareness among consumers about safety, quality, and fake products have pushed the demand for innovative solutions like RFID-based tracking and tracing systems to ensure product safety during the transit process in the entire value chain.

The European track and trace solution market is anticipated to grow at a particular rate due to rise in the number of launches of innovative products by market players in the region. The presence of a large number of competitive players in Europe also contributes to the growth of the market. Furthermore, the rise in the number of product recalls, is also encouraging companies to implement this system to reduce such incidents, thus pushing its demand and market growth.

Europe Track and Trace Solutions Market 2025-2030 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the europe track and trace solutions market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• ANTARES VISION S.p.A
• SEA Vision located in Italy
• Axwaylocated in France
• SeidenaderMaschinenbau GmbH
• SAP
• Syntegon Technology GmbH
• Körber AG
• Siemens
• Uhlmann Group Holding GmbH & Co. KG
• Laetus GmbH

Key Market Segmentation:

The report has segmented the global europe track and trace solutions market on the basis of type, by Indication, by Distribution Channel and region.

Breakup By Component
• Hardware
• Software
• Standalone

Breakup By Enterprise Size
• SMEs
• Large Enterprises Sectionse

Breakup By Solution
• Line and Site-Level Serialization
• Cloud Enterprise-Level Traceability
• Distribution and Warehouse Solution
• Supply Chain Data-Sharing Network
• Others

Breakup By Technology
• 2D barcodes
• Radiofrequency Identification (RFID)
• Linear or 1D barcodesization

Breakup By Application
• Serialization
• Printing
• Labeling and Packaging Inspection
• Aggregation
• Tracking
• Tracing
• Reporting

Breakup By End-User
• Pharmaceutical and Biopharmaceutical Companies
• Consumer Packaged Goods
• Luxury Goods
• Food and Beverage
• Medical Device Companies
• Contract Manufacturing Organizations
• Repackages
• Cosmetics Companies
• Others

Breakup By Distribution Channel
• Direct Sales
• Third-Party Distributor

Breakup by Region:
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Rest of Europe)

Explore Full Report with TOC & List of Figure: https://www.vynzresearch.com/healthcare/europe-track-and-trace-solutions-market

Key Highlights of the Report:
• Market Performance (2018-2023)
• Base Year 2024
• Market Outlook (2025-2030)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About VynZ Research

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

Contact Us:

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Toll-Free (U.S. and Canada): +1-888-253-3960
Email: kundan@vynzresearch.com
Web: https://www.vynzresearch.com
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