Press release
Quick Response (QR) Code Labels Market on Track for Strong Growth, Estimated to Grow at 10.6% CAGR Through 2029
Quick Response (QR) Code Labels
What Is the Expected CAGR for the Quick Response (QR) Code Labels Market Through 2025?
The market size for quick response (qr) code labels has been expanding fast in the past few years. Growth is projected to continue, increasing from $1.48 billion in 2024 to $1.63 billion in 2025, with a compound annual growth rate (CAGR) of 10.8%. The escalation in the previous timeframe can be credited to improvements in inventory control proficiency, superior marketing abilities, a rise in smartphone usage, a need for swift access to information, and progress in mobile payment methods.
What's the Projected Size of the Global Quick Response (QR) Code Labels Market by 2029?
The market size for quick response (qr) code labels is forecasted to experience a swift expansion in the upcoming years, reaching $2.45 billion by 2029 with a compound annual growth rate (CAGR) of 10.6%. This surge during the projected period can be associated with the rising e-commerce sector, augmented reality developments, enhanced adoption of digital payments, increased need for touchless interactions, and its growing utilization in healthcare for information circulation. The forecasted period will witness significant trends such as integration with the internet of things, custom marketing campaigns, wider usage in digital menus, improved security functions, and its prevalent use in smart packaging.
View the full report here:
https://www.thebusinessresearchcompany.com/report/quick-response-qr-code-labels-global-market-report
Top Growth Drivers in the Quick Response (QR) Code Labels Industry: What's Accelerating the Market?
Growth in the quick response (QR) code labels market is projected to escalate, propelled by a surge in online payment demand. Online transactions, which involve the internet-based funds transfer from a purchaser to a vendor for goods and services, have witnessed rising demand due to factors like convenience, speed, superior internet connectivity, widespread use of mobile devices, and robust security provisions. QR code labels facilitate and speed up online transactions by allowing swift, contactless transactions via smartphones, thus improving user convenience and safety. For instance, UK Finance, a financial service company based in the UK, reported that in 2022, the UK observed a substantial increase in the number of contactless payments, reaching 17.0 billion compared to 13.1 billion in the previous year. Consequently, this burgeoning demand for online payments is propelling the growth in the quick response (QR) code labels market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16171&type=smp
What Trends Will Shape the Quick Response (QR) Code Labels Market Through 2029 and Beyond?
Key players in the quick response (QR) code label industry are working on the creation of innovative tech solutions, such as the zap vision technology, aiming to boost efficiency in product traceability and securement. Zap vision technology is a form of QR code label, created to support rapid response and engagement, enhancing availability and customer involvement. For example, in November 2023, Bayer Plc, a life science firm from the UK, alongside Zappar, a UK augmented reality application creator, unveiled the world's first Accessible QR codes (AQR) which were featured on its Canescool Soothing Gel Cream product packaging. This creation, AQR, is intended to increase availability of product details for visually impaired or partially sighted individuals. The AQR code is fine-tuned for visually impaired users and can be recognized by widely-used accessibility applications like Envision, Microsoft SeeingAI, and the Zapvision's reference app.
What Are the Main Segments in the Quick Response (QR) Code Labels Market?
The quick response (qr) code labelsmarket covered in this report is segmented -
1) By Label Type: Sleeve Labels, Glue Applied Labels, Pressure Sensitive Labels, Other Label Types
2) By Material Type: Paper, Plastic, Polyethylene Terephthalate, Poly Vinyl Chloride, Vinyl
3) By Printing Technology: Flexographic, Digital Printing, Offset Lithography, Gravure Printing, Other Printing Technologies
4) By End Use: Food And Beverage, Pharmaceuticals, Personal Care And Cosmetics, Automotive, Homecare And Toiletries, Chemicals, Industrial, Other End Uses
Subsegments:
1) By Sleeve Labels: Shrink Sleeve Labels, Stretch Sleeve Labels, Roll-On Sleeve Labels, Full-Sleeve Labels
2) By Glue Applied Labels: Wet Glue Labels, Dry Glue Labels, Hot Melt Glue Labels, Cold Glue Labels
3) By Pressure Sensitive Labels: Paper-Based Pressure Sensitive Labels, Film-Based Pressure Sensitive Labels, Clear Or transparent Pressure Sensitive Labels, Special Adhesive Pressure Sensitive Labels
4) By Other Label Types: In-Mold Labels, Wrap-Around Labels, Rfid-Embedded Labels, Security Or Anti-Counterfeit Labels, Thermal Transfer Labels
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16171&type=smp
Which Top Companies are Driving Growth in the Quick Response (QR) Code Labels Market?
Major companies operating in the quick response (QR) code labels market are Brother Industries Ltd, Zebra Technologies LLC, CCL Industries Inc., Brady PLC, Cognex Corporation, Bizerba USA Inc, Epson America Inc, HERMA Gmbh, Avery Products Corp, AstroNova Inc, MPI Label Systems, Online Labels LLC, Consolidated Label Co, Citizen Systems Co Ltd, SATO Holdings Corporation, Denso Wave Incorporated, Afinia Label, Holo Security Technologies Pvt Ltd, Coast Label Co, Label Express, Hibiscus Plc, Crown Labels Mfg Co Ltd.
Which Regions Will Dominate the Quick Response (QR) Code Labels Market Through 2029?
North America was the largest region in the quick response (QR) code labels market in 2024. The regions covered in the quick response (QR) code labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16171
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Quick Response (QR) Code Labels Market on Track for Strong Growth, Estimated to Grow at 10.6% CAGR Through 2029 here
News-ID: 4192137 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Server Storage Area Network Market Development in 2025: Ri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Server Storage Area Network Market Size By 2025?
In the past few years, there has been a significant increase in the size of the server storage area network market. The values are projected to rise from $22.38 billion in 2024 to $23.89 billion in 2025,…
Rising Demand For Loans Fuels Growth In The Asset-Based Lending Market: Powering …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Asset-Based Lending Market Through 2025?
In recent times, there's been a significant expansion in the size of the asset-based lending market. This increase will continue from $785.6 billion in 2024 to $891.89 billion in 2025, with a compound annual growth rate (CAGR)…
Future of the Usage-Based Insurance Market: Trends, Innovations, and Key Forecas …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Usage-Based Insurance Market Size Growth Forecast: What to Expect by 2025?
The market for usage-based insurance has seen a meteoric rise in size in the past few years. It is projected to expand from a valuation of $63.07 billion in 2024 to an impressive $82.7 billion in 2025, representing…
Global Reinsurance Market Projected to Grow at 10.2% CAGR, Reaching $1016.51 Bil …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Reinsurance Industry Market Size Be by 2025?
The dimension of the reinsurance market has been escalating significantly in the past few years. It is estimated to balloon from $631.56 billion in 2024 to a whopping $689.74 billion in 2025, projecting a compound annual growth rate (CAGR)…
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;…
