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Impact Of Retail Industry Expansion On Electronic Article Surveillance Market: A Key Driver Powering Electronic Article Surveillance Market Growth In 2025
The Electronic Article Surveillance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Electronic Article Surveillance Market Size and Its Estimated Growth Rate?
The electronic article surveillance market grew steadily, expected to rise from $1.26 billion in 2024 to $1.32 billion in 2025, at a CAGR of 4.8%. Key growth drivers included globalization of retail, e-commerce expansion, luxury goods demand, shoplifting awareness campaigns, and insurance-related concerns.
The electronic article surveillance market is expected to experience steady growth, projected to reach $1.57 billion by 2029, with a compound annual growth rate (CAGR) of 4.4%. The growth is driven by an increase in retail theft, the rise of mass supermarkets, a greater demand for retail security solutions, urbanization, investments in retail infrastructure, and heightened concerns over retail theft. Trends include technological advancements, the adoption of RFID technology, integration with the Internet of Things (IoT), cloud-based solutions, and wireless EAS systems.
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How Are Emerging Segments Shaping the Electronic Article Surveillance Market Landscape?
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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Which Growth Factors Are Influencing Electronic Article Surveillance Market Expansion?
The expansion of the retail sector is set to drive the growth of the electronic article surveillance (EAS) market. The retail industry includes businesses that directly sell goods or services to consumers, ranging from small stores to large global chains. This sector is growing due to shifts toward online shopping, globalization, and innovations in supply chain management that improve efficiency and customer satisfaction. EAS systems are essential for protecting merchandise, enhancing operational efficiency, and ensuring secure shopping environments for both retailers and consumers. For instance, the National Retail Federation (NRF) predicts that retail sales in the United States will increase between 2.5% and 3.5% in 2024, reaching up to $5.28 trillion. Therefore, the expansion of the retail industry is propelling the growth of the EAS market.
Who Are the Dominant Players Across Different Electronic Article Surveillance Market Segments?
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
What Trends Are Expected to Dominate the Electronic Article Surveillance Market in the Next 5 Years?
Leading businesses in the Electronic Article Surveillance market are centering their efforts on the creation of pioneering solutions such as sustainable radio-frequency identification that bolster security measures while simultaneously curtailing detrimental environmental effects. This technology, sustainable radio-frequency identification (RFID), is engineered to reduce environmental damage through the utilization of environmentally-friendly substances and energy-conservative methods. This technology advocates waste reduction and recyclability in supply chain processes while providing efficient tracking and monitoring capabilities. For example, an Indian manufacturing company, Century Textiles and Industries Ltd., released the PET-free RFID ECO Care Label (CE341540) in November 2024. This label facilitates efficient tracking and management across the supply chain, from procurement to retail while also prioritizing environmental care by avoiding the use of PET (polyethylene terephthalate) materials due to its soft fabric composition. This label is characterized by its soft, exceptionally thin design, which not only makes it gentle on the skin, but also machine washable and dry clean resistant, making it an adaptable choice for various clothing uses.
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Which Geographic Regions Are Expected to Dominate the Electronic Article Surveillance Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic Article Surveillance Market?
2. What is the CAGR expected in the Electronic Article Surveillance Market?
3. What Are the Key Innovations Transforming the Electronic Article Surveillance Industry?
4. Which Region Is Leading the Electronic Article Surveillance Market?
Why This Report Matters:
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