Advancements In Supply Chain Tracking And Monitoring Industry Trends Gaining Momentum in the Global Electronic Article Surveillance Market

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Electronic Article Surveillance Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for electronic article surveillance has consistently expanded over the recent years, with projections indicating a rise from $1.26 billion in 2024 to $1.31 billion in 2025, representing a compound annual growth rate (CAGR) of 3.6%. This historic progression is connected to various factors, including the expanding globalization of retail brands, the e-commerce boom, increased demand for luxury items, heightened awareness campaigns against shoplifting, and elevated insurance premiums.

Electronic Article Surveillance Market Size Forecast: What's the Projected Valuation by 2029?
Steady expansion is projected for the electronic article surveillance market in the upcoming years, with market valuations predicted to reach $1.52 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 3.9%. The anticipated surge in this period can be credited to an escalation in retail theft occurrences, the proliferation of large-scale supermarkets, increased demand for retail security measures, urbanization boom, larger investments in the retail infrastructure, and the repeat rise in retail theft and mass supermarkets. Noteworthy trends for this forecast period encompass technological evolutions, RFID technology, incorporation with the Internet of Things, the move towards cloud-based solutions, and cordless EAS systems.

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What Are the Drivers Transforming the Electronic Article Surveillance Market?
The rise in the retail sector is anticipated to spur the development of the electronic article surveillance market in the future. The retail sector includes businesses selling goods or services directly to customers, from small local businesses to large international chains. The growth of the retail sector is attributed to consumer trends shifting towards online shopping, globalization enabling an extended market reach, and advancements in supply chain management enhancing both efficiency and customer satisfaction. Electronic article surveillance plays a vital role in merchandise protection, boosting operational efficiency, and ensuring a secure shopping ambiance for both retailers and customers. For example, as per the National Retail Federation (NRF), a US-based retail trade group, US retail sales are projected to rise between 2.5% and 3.5% in 2024, from $5.23 trillion to $5.28 trillion. Consequently, growth in the retail sector translates directly into growth for the electronic article surveillance market.

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What Are the Key Trends Driving Electronic Article Surveillance Market Growth?
Top corporations in the Electronic Article Surveillance market are honing their focus on creating advanced technology solutions such as sustainable radio-frequency identification to amplify security measures and curtail environmental harms. The sustainable radio-frequency identification (RFID) is an ingenious technique crafted to reduce environmental damages through the use of eco-friendly materials and energy-saving procedures. It is aimed at streamlining monitoring and tracking while endorsing waste reduction and recyclability within supply chains. For instance, in November 2024, Century Textiles and Industries Ltd., a company based in India specializing in manufacturing, introduced the RFID ECO Care Label, identified as the CE341540, which is PET-free. This label aids in an efficient management and tracking system throughout the supply chain, from procurement to retail. It's also seen as environmentally friendly courtesy of its soft fabric make-up that omits the need for PET (polyethylene terephthalate) materials. The label is not only kind to skin but also ultra-thin, resistant to dry cleaning and can be washed, making it fit for a variety of clothing-related uses.

Which Segments in the Electronic Article Surveillance Market Offer the Most Profit Potential?
The electronic article surveillancemarket 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 Firms Dominate the Electronic Article Surveillance Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential 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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