Global Smart Labels Market Trends, Size, Statistics, Overview and Industry Forecast to 2021 | Global Smart Labels Market by Type (RFID, Electronic Shelf Label, Sensing Label, & others) by Application (Electronic & IT asset, Retail, Perishable goods, and others) by End-use industry (Manufacturing & Retail, Healthcare & pharmaceuticals, Automotive, FMCG, logistics, and others) and Region - Forecast to 2021
Market Scope
Market Research Future (MRFR) in its latest “Global Smart Labels Market” report reveals that the market is expected to surge at high pace and attain a decent size across the forecast period of 2016 to 2021.
Market Insights
Consumer consumption is surging due to the expansion of the global population. The need to manage a wide variety of perishable item that demand for sophisticated systems to deliver complete real-time information is also rising. The significance of smart labels lies therein. These advantages of smart labels are expected to contribute to the expansion of their global market. The smart labels technology aids in providing product information with accuracy, speed, and efficiency within a short span of time. Instant access to information is identified as the key driver for the market to surge. Smart labels have numerous applications across different sectors, such as food and beverages, manufacturing & retail, healthcare & pharmaceuticals, logistics, automotive, FMCG, and others. Moreover, different types of smart labels are available for different types of products, such as printable labels, chip labels, and electronic labels.
Hence, the widespread application of smart labels is expected to amplify the expansion of their market.
The waves of fourth industrial revolution is noted to positively influencing the market. Manufacturers are focusing on the integration of advanced technologies, such as internet of things, robotics, artificial intelligence, and cloud with smart labels. This is improving the efficacy of smart labels, which, in turn, is expected to boost the expansion of the Global Smart Labels Market across the years of evaluation.
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Market Segmental Outline
The Global Smart Labels Market segmental study is done based on type, end-users, and application.
By type, the Global Smart Labels Market is narrowed down to RFID, Sensing Label, Electronic Shelf Label, and others. By application, the market is segmented into retail, Electronic and IT asset, Perishable goods, and others. By end-user, the market is segmented into Manufacturing & Retail, Healthcare & pharmaceuticals, Automotive, FMCG, logistics, and others.
Detailed Regional Outlook
The Global Smart Labels Market in the Asia Pacific region is likely for a sharp rise. The market in the growing economies, such as Japan, China, and India is expected to generate substantial revenue across the years of evaluation. The increase in the adoption of smart labels by the manufacturing and the packaging sectors of these regions can act a growth inducer for the market in these regions. The APAC Global Smart Labels Market is expected to gain high turnover by the end of the review period. Besides, the fast-paced expansion of APAC economic that is allowing considerable investments in the retail and the food and beverage sectors, and as they adopt smart tags to have a hook on security and positioning of products are also expected to make the market gain global foothold. The Global Smart Labels Market in North America and Europe is also expected to grow at a high pace.
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The global Smart Labels market was valued at USD 9.86 billion in 2019 and is expected to reach USD 28.26 billion by the year 2026, at a CAGR of 16.39%.
A smart label is an electronic responsive device that is embedded in the body of the product as an identification slip.
A smart label has a lot of advantages which include automated reading, quick identification, and reduced errors which are of easy access to the customers.
It helps them with a lot of inconveniences.Smart Labels is in high demand in the packaging industry, due to growth in the demand for product information through smart devices.
The global smart labels market is growing.
Because smart labels are in high demand in various applications, such as healthcare, & pharmaceuticals, logistics, retail inventory, food & beverages, and othersMajor Key Players Considered in the Smart Labels marketAvery Dennison Corporation, CCL Industries, Inc., Checkpoint Systems, Inc., Smartrac N.V., Zebra Technologies Corporation, Alien Technology Inc., Sato Holding Corporation, and Intermec Inc., CCL Industries, Inc., Avery Denison Corporation, Thin Film Electronics ASA, Smartrac N.V., and Checkpoint Systems, Inc.The company’s focus on the growth of its product portfolio and production capacity.
The latest trending report Global Smart Labels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Smart Labels market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Smart Labels industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Smart Labels and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/49056-smart-labels-industry-analysis-reportThe major players covered in Smart Labels are: Checkpoint Systems (CCL) Fujitsu Tyco Sensormatic Avery Dennison Zebra Sato Holdings Corporation TAG Company SES (imagotag) Smartrac Honeywell Invengo Information Technology E Ink Paragon ID Multi-Color Corporation Alien Technology Century Displaydata Samsung PricerBy Type, Smart Labels market has been segmented into EAS Labels RFID Labels Sensing Labels Electronic Shelf Labels NFC TagsBy Application, Smart Labels has been segmented into: Automotive Healthcare & Pharmaceutical Logistic Retail Manufacturing OthersThe report offers in-depth assessment of the growth and other aspects of the Smart Labels market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Smart Labels Market @ https://www.decisiondatabases.com/contact/download-sample-49056The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Smart Labels product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Smart Labels, with price, sales, revenue and global market share of Smart Labels in 2018 and 2019.Chapter 3, the Smart Labels competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Smart Labels breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Smart Labels market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Smart Labels sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Smart Labels Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-49056Other Reports by DecisionDatabases.com:Global Logistics Labels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Wine Labels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Security Labels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Global Smart Labels Market Information by Type (RFID, Electronic Shelf Label, Sensing Label, & others) byApplication (Electronic & IT asset, Retail, Perishable goods, and others) by End-use industry (Manufacturing & Retail, Healthcare & pharmaceuticals, Automotive, FMCG, logistics, and others) and Region - Forecast to 2021Market ScenarioThe growing retail sector and increased security concerns related to anti-theft are the key drivers of smart labels market.
With the rapid growth of retail and manufacturing sector, the demand for smart labels has gone up in merchandise and asset tracking.
This is backed by the unique features of smart labels such as re-programmability, simultaneous identification, real time tracking and usage across various industries which have led to the growth of the global smart labels market.
Click For Report Sample : https://www.marketresearchfuture.com/sample_request/1294 SegmentsGlobal smart labels market is segmented on the basis of components, technology, application, End-use industry and region.
On the basis of application it is segmented as electronic & IT asset, retail, perishable goods, and others.
On the basis of end-use industry it is segmented as manufacturing & retail, healthcare & pharmaceuticals, automotive, FMCG, logistics, and others.
