Press release
Global Smart Labels Industry Market Driven by Increasing Demand for the Reliable Anti-theft Devices
Get Sample Report Copy:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9575
Increasing demand for the reliable anti-theft devices is the key factor driving growth of the global smart labels industry market currently. The smart labels come with various features, such as re-programmability, real time tracing, and simultaneous identification, which are further driving growth of the market in logistics and manufacturing related industries. Furthermore, rise in industry consolidation and growing technological proliferation of smart label products, coupled with their usage in various applications such as healthcare & pharmaceuticals, manufacturing & retail, food & beverages, and logistics, is another major factor fueling growth of the global smart labels industry. Besides, rapid urbanization, coupled with increasing disposable income of the buyers in developing regions, is also boosting growth of the market for global smart labels. Increasing security concerns related to anti-theft devices, globally, are also expected to drive demand for smart labels in the coming years. Meanwhile, the key restraint for the growth of the global smart labels industry is the lack of mechanical susceptibility and constant standards.
On the basis of end-user industry, the global smart labels industry market is segmented into:
Healthcare & Pharmaceuticals
Automotive
Manufacturing & Retail
FMCG
Logistics
Food & Beverages
Others (includes data center & library and aerospace)
Currently, the manufacturing & retail segment is the largest end users of smart labels. The growth of this segment is mainly attributed to the rise in number of supermarkets in developing economies.
On the basis of application, the global smart labels industry market is segmented into:
Equipment
Electronics & IT Assets
Retail Inventory
Perishable Goods
Others
On the basis of type, the global smart labels industry market is segmented into:
RFID
Electronic Article Surveillance Label (EAS)
Sensing Label
Dynamic Display Label
Electronic Shelf Label (ESL)
RFID is anticipated to emerge as the largest segment in terms of value in the global smart labels industry market in the coming years. Furthermore, it is anticipated to continue its dominance in the coming years due to increasing demand for networking, RFID labels, and electronics & IT assets, mainly in developing countries of Asia Pacific.
Geographically, the global smart labels industry market is segmented into seven main regions, namely- Western Europe, Eastern Europe, North America, Latin America, Asia Pacific excluding Japan, the Middle East & Africa, and Japan. The historical growth of the Latin America and Asia Pacific economies has been a feature of the 21st century. This economic growth has, to a degree, been another driver for the high levels of growth witnessed in the global smart labels industry market. Among all the regional markets, Asia Pacific is expected to witness the highest market growth in the coming years. The Middle East & Africa is also anticipated to witness a significant growth in the coming years. Also, the Wal-Mart Stores, Inc. has announced to open more than 1,200 retail stores in the Africa region by 2016 end, which is expected to fuel growth of the market for smart labels in the region. North America, followed by Europe, is expected to hold the largest market share in the global smart labels industry market, due to extensive use of smart labels in logistics industries and the manufacturing & retail sector in the region.
Some of the key players covered in this study on the global smart labels industry market are Avery Dennison Corporation, CCL Industries Inc., SMARTRAC N.V., Invengo Technology BV, Advantech US, Muehlbauer Holding AG & Co. KGaA, Thinfilm, ZIH Corp., Metra Blansko, and TOSHIBA Global Commerce Solutions, Inc.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Global Smart Labels Industry Market Driven by Increasing Demand for the Reliable Anti-theft Devices here
News-ID: 402150 • Views: …
More Releases from TMR - Packaging
Strapping Machine Market - Global Industry Analysis and Forecast | 2024
Packaging has become a very important parameter to attract customers. Companies today are spending huge amount on packaging apart from the product itself, because even if the product is a quality product but is not packaged properly, it might be unattractive for the consumer. Similarly, a strapping machine is a vital component for the packaging industry as these machines are used to place a band or strap around the packages…
Staple Gun Market - Key Growth Factors and Industry Analysis 2024
Today, packaging has become a vital part of a product’s lifecycle predominantly because packaging protects and preserves a product from any type of harm such as leakage, contamination, damage, etc. during the course of transit, consumption, and storage. Achieving highest degree of product safety at every stage of product lifecycle is now considered to be one of the major concerns of sensitive products manufactures. Moreover, sensitive products require rigid…
Rigid Bulk Packaging Market - Industrial applications witness fastest growth up …
Packaging has become a vital part of any product’s lifecycle predominantly because the packaging protects and preserves a product from any kind of harm such as leakage, contamination, damage, etc. during the course of transit, consumption and storage. Achieving highest degree of product safety at every stage of product lifecycle is considered to be one of the major concerns of sensitive products manufactures. Moreover, sensitive products require rigid packaging.…
Printed Cartons Market - Global Industry Analysis, Size, Share, Growth, Trends 2 …
Over the last few years, product packaging emerged as a critical factor in customer’s decision making process, as customers with their preference of choices directly communicates with the brand. Packaging is not only used for protecting the product but also aids to enhance the brand visibility, which in turn escalates brand value. Cartons are considered one of the essential packaging solution available to brand owners and product manufacturers. Manufacturers on…
More Releases for Label
Pharmaceutical Labeling Market Analysis By Top Keyplayers - 3M, Avery Dennison, …
The "Pharmaceutical Labeling Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Pharmaceutical Labeling Market, 2024-2031
Verified Market Research's most recent report, "Pharmaceutical Labeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Matte labels Market | Consolidated Label Co., Epson, L&N Label Company, Matt Lab …
The global matte labels market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the matte labels market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Fluorescent Label Tape Market | Brother Group, Consolidated Label Co., Dura Fast …
The global fluorescent label tape market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the fluorescent label tape market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Steady Growth To Be Witnessed By Pharmaceutical Labelling Industry By 2031 | Mav …
A recent industry research report added to repository of insightSLICE is an in-depth analysis of Global Pharmaceutical Labelling Industry. On the basis of historic growth analysis and current scenario of Pharmaceutical Labelling domain place, the report commits to offer actionable insights for the industry participants. Authenticated data presented in report is based on exhaustive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of…
Specialty Label Packaging Market Global Competitive Analysis and 2027 Forecasts: …
The proposed Specialty Label Packaging Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Specialty Label Packaging Market sample report includes…
Global Craft Beer Labels Market to 2025|CCL Label, UPM Raflatac, Label-Aid Syste …
Market Research Hub (MRH) has actively included a new research study titled “Global Craft Beer Labels Market” Insights, Forecast to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period limit;…
