Strategic Forecast for the Electronic Article Surveillance Industry: Market Outlook 2025-2034

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Electronic Article Surveillance Market Size Growth Forecast: What to Expect by 2025?
The market size of electronic article surveillance has been on a constant rise of late. The market value is expected to climb from $1.26 billion in 2024 to $1.32 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.8%. The growth experienced in the historic timeframe can be credited to factors such as an increase in the globalization of retail names, an upsurge in e-commerce, rising demand for luxury items, an increase in shoplifting awareness initiatives, and a growth in insurance premiums.

How Will the Electronic Article Surveillance Market Size Evolve and Grow by 2029?
Projections for the electronic article surveillance market size predict a consistent rise in the coming years, culminating in a growth of $1.57 billion in 2029 with a compound annual growth rate (CAGR) of 4.4%. The expansion during this prediction period can be linked to factors such as an upsurge in shoplifting incidents, an increase in large scale supermarkets, growing demands for retail security measures, urbanization expansion, significant investments in retail structures, heightened instances of retail theft, and more large-scale supermarkets' emergence. Trend forecasts for the period include technological innovations, the incorporation of RFID technology, integration with the Internet of Things, the emergence of cloud-based solutions, and the advent of wireless EAS systems.

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What Drivers Are Propelling the Growth of Electronic Article Surveillance Market Forward?
The anticipated increase in the retail sector is likely to spur the expansion of the electronic article surveillance market. The retail sector includes all businesses that sell goods or services directly to the consumer, and it spans from small community stores to multinational chains of large magnitude. The growth of the retail sector can be traced back to factors such as changes in consumer preference leaning towards online transactions, the advent of globalization that has widened the market reach, and innovative supply chain management strategies that have boosted productivity and customer satisfaction. Electronic article surveillance plays a significant role in merchandise protection, enhancing operational efficiency, and creating a secure shopping atmosphere for both the retailer and the customer. For example, predictions from the National Retail Federation (NRF) - a retail trade body based in the U.S, suggest that retail sales in the United States could rise between 2.5% and 3.5% in 2024, amounting to an increase from $5.23 trillion to $5.28 trillion. Thus, the anticipated growth in the retail sector is fueling the expansion of the electronic article surveillance market.

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Which Emerging Trends Are Transforming the Electronic Article Surveillance Market in 2025?
Prominent players in the Electronic Article Surveillance market are concentrating on creating technology-forward solutions like sustainable radio-frequency identification which accentuates security and diminishes environmental effects. The sustainable radio-frequency identification (RFID), a technology aimed at reducing environmental footprint by utilizing green materials and energy-saving techniques, enables effective surveillance and tracking while encouraging waste reduction and recycling within supply chains. For example, in November 2024, India-based manufacturing entity, Century Textiles and Industries Ltd., introduced the RFID ECO Care Label (CE341540), devoid of PET (polyethylene terephthalate), for efficient monitoring and control throughout the supply chain, ranging from procurement to retail. This label, besides being eco-friendly due to its gentle fabric content that eliminates the need for PET materials, boasts a soft, ultra-thin design that is not only gentle on the skin but also washable and dry clean resistant, making it fitting for diverse clothing applications.

What Are the Key Segments in the Electronic Article Surveillance Market?
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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Who Are the Key Players Shaping the Electronic Article Surveillance Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Electronic Article Surveillance Market?
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.

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