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Smart Labelling In Logistics Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Smart Labelling In Logistics
What Is the Current Smart Labelling In Logistics Market Size and Its Estimated Growth Rate?
The smart labeling in logistics market will grow from $6.74 billion in 2024 to $7.14 billion in 2025, reflecting a CAGR of 6.0%. The market's growth is due to the need for better compliance with traceability and safety standards, complex supply chains requiring advanced labeling, adoption of automated systems, rising consumer expectations for transparent product information, the expansion of global trade, and cost-efficiency improvements.
The smart labelling in logistics market is projected to grow steadily to $8.91 billion in 2029, at a CAGR of 5.7%. Growth is attributed to IoT advancements for tracking, AI implementation, sustainability trends, blockchain adoption, and customization. Key trends include integration of AI, IoT, AR-based labeling, personalization, and advanced analytics.
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How Are Emerging Segments Shaping the Smart Labelling In Logistics Market Landscape?
The smart labelling in logistics market covered in this report is segmented -
1) By Product: Radio Frequency Identification (RFID) Labels, Near Field Communication (NFC) Labels, Electronic Shelf Labels (ESL), Other Products
2) By Component: Hardware, Software, Services
3) By Deployment Type: Cloud-Based, On-Premises
4) By Company Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Application: Inventory Management, Asset Tracking, Parcel Tracking And Delivery, Cold Chain Monitoring, Other Applications
Subsegments:
1) By Radio Frequency Identification (RFID) Labels: Passive RFID Labels, Active RFID Labels, Semi-Passive RFID Labels, High-Frequency RFID Labels (HF), Ultra-High Frequency RFID Labels (UHF)
2) By Near Field Communication (NFC) Labels: NFC Stickers, NFC Tags, NFC-Enabled Smart Labels, NFC Interactive Labels
3) By Electronic Shelf Labels (ESL): E-Paper ESL, LED-based ESL, Full-Color ESL, Bluetooth Low Energy (BLE)-Enabled ESL
4) By Other Products: Smart QR Code Labels, Smart Barcode Labels, Augmented Reality (AR) Labels, Wireless Temperature Monitoring Labels, Digital Price Tags
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Which Growth Factors Are Influencing Smart Labelling In Logistics Market Expansion?
The rise in Internet of Things (IoT) integration is expected to accelerate the growth of the smart labelling in logistics market. IoT enables better data exchange and automation, facilitating real-time tracking and management of goods within the supply chain. Ericsson reported in September 2022 that global IoT connections reached 13.2 billion in 2022 and are projected to grow by 18% to 34.7 billion by 2028, further driving the adoption of smart labels in logistics.
Who Are the Dominant Players Across Different Smart Labelling In Logistics Market Segments?
Major companies operating in the smart labelling in logistics market are Oracle Corporation, Honeywell International Inc., 3M Company, NXP Semiconductors N.V., Avery Dennison Corporation, Zebra Technologies Corporation, CCL Industries Inc., Toshiba Tec Corporation, Cognex Corporation, Sato Holdings Corporation, Checkpoint Systems Inc., Mimaki Engineering Co. Ltd., Impinj Inc., Identiv Inc., Barcodes Inc., Alien Technology LLC., Roambee Services Private Limited, William Frick & Company, Scanbuy Inc., Thin Film Electronics ASA, SMARTRAC TECHNOLOGY GmbH, KSW Microtec AG, Invengo Information Technology Co. Ltd, TSC Auto ID Technology Co. Ltd.
What Trends Are Driving Growth in The Smart Labelling In Logistics Market?
Prominent companies in the smart labels in logistics sector are working on advanced solutions, like unified visibility platform-based labeling, to boost supply chain efficiency and accuracy. This system offers real-time tracking and management of goods across the supply chain via a single interface. For example, in May 2024, Roambee Corporation, a US-based company, launched a 5G-enabled GPS smart label with a peel-and-ship design. This label monitors environmental factors like temperature and humidity and provides real-time shipment visibility. It integrates seamlessly with Roambee's platform to deliver data on estimated time of arrival (ETA) and shipment security.
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Which Geographic Regions Are Expected to Dominate the Smart Labelling In Logistics Market in the Coming Years?
North America was the largest region in the smart labelling in logistics market in 2024. The regions covered in the smart labelling in logistics 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 Smart Labelling In Logistics Market?
2. What is the CAGR expected in the Smart Labelling In Logistics Market?
3. What Are the Key Innovations Transforming the Smart Labelling In Logistics Industry?
4. Which Region Is Leading the Smart Labelling In Logistics Market?
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