Press release
Comprehensive Electronic Article Surveillance Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Electronic Article Surveillance Market Growth
The expansion of the retail industry is expected to boost the electronic article surveillance market. As the retail industry grows due to online shopping, globalization, and improved supply chain management, the need to protect merchandise becomes more critical. Electronic article surveillance (EAS) systems help retailers prevent theft and improve operational efficiency. For example, the National Retail Federation forecasted a 2.5% to 3.5% increase in US retail sales in 2024, which will contribute to the growth of the electronic article surveillance market.
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What is the future CAGR of the electronic article surveillance market, and how will it impact industry expansion?
The electronic article surveillance market size has grown steadily in recent years. It will grow from $1.26 billion in 2024 to $1.32 billion in 2025, at a CAGR of 4.8%. This growth can be attributed to the globalization of retail brands, the rise in e-commerce, and increased demand for luxury goods.
The electronic article surveillance market is projected to grow to $1.57 billion by 2029 at a CAGR of 4.4%. Growth is supported by rising retail theft, growing urbanization, mass supermarkets, and investments in retail security. Trends include RFID technology, IoT integration, cloud-based solutions, and wireless EAS systems.
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What are the most significant trends transforming the electronic article surveillance market today?
Companies in the electronic article surveillance market are developing advanced, sustainable radio-frequency identification (RFID) solutions to enhance security while reducing environmental impact. For example, in November 2024, Century Textiles and Industries Ltd., an India-based manufacturer, introduced the PET-free RFID ECO Care Label. Made from soft fabric that eliminates PET materials, this eco-friendly RFID label offers efficient tracking throughout the supply chain and is durable enough for use in various apparel applications, providing both environmental and practical benefits.
Which key market segments comprise the electronic article surveillance market and drive its revenue growth?
The electronic article surveillance market covered in this report is segmented -
1) By Type: Hard Tag, Soft Tag, Deactivator Or Detacher, Detection System, Permanent Deactivation Tag
2) By Technology: Video Wall, Acousto Magnetic System, Electro Magnetic, Radio Frequency, Microwave
3) By End User: Clothing And Fashion Accessories, Cosmetics Or Pharmacy, Supermarkets, Mass Merchandise Stores
Subsegments:
1) By Hard Tag: Acousto-Magnetic (AM) Hard Tags, Radio Frequency (RF) Hard Tags, Electromagnetic (EM) Hard Tags
2) By Soft Tag: Paper Or Label Soft Tags, Fabric-Based Soft Tags, Sticker Soft Tags
3) By Deactivator Or Detacher: Manual Deactivators Or Detachers, Electronic Deactivators Or Detachers, Dual-Purpose Deactivators And Detachers
4) By Detection System: Acousto-Magnetic (AM) Detection Systems, Radio Frequency (RF) Detection Systems, Electromagnetic (EM) Detection Systems
5) By Permanent Deactivation Tag: Self-Deactivating Tags, RFID-Based Permanent Deactivation Tags
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What regions are at the forefront of electronic article surveillance market expansion?
North America was the largest region in the electronic article surveillance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic article surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the electronic article surveillance market?
Major companies operating in the electronic article surveillance market are Alibaba Group Holding Limited, Avery Dennison Corporation, ADT Inc., Checkpoint Systems Inc., Gunnebo AB, Nedap N.V., Takachiho Koheki Co. Ltd., Hangzhou Century Co. Ltd., Sentry Technology Corporation, Sensormatic Solutions, WG Security Products Inc., Softdel Systems Pvt. Ltd., Adtech Systems Ltd., Shopguard Systems Ltd., Amersec, Ketec Inc., Everon Solutions Limited, Cross Point BV, Axle Systems, Agon Systems Ltd., ALL-TAG Corporation, Dexilon Automation, FE Moran Security Solutions, Feltron Security Systems, Safegear, Security Info Watch
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What Is Covered In The Electronic Article Surveillance Global Market Report?
•Market Size Forecast: Examine the electronic article surveillance market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electronic article surveillance market for a structured understanding.
•Key Players Overview: Analyze major players in the electronic article surveillance market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electronic article surveillance market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electronic article surveillance market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electronic article surveillance market.
•Industry Challenges: Identify potential risks and obstacles affecting the electronic article surveillance market.
•Competitive Landscape: Review strategic developments in the electronic article surveillance market, including expansions, agreements, and new product launches.
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