Global Electronic Article Surveillance Market By Component (Tags, Antennas and Detachers), Technology (Video Wall, Acousto-Magnetic, Electro Magnetic, Radio Frequency, Microwave), End User (Apparel and Fashion Accessories Stores, Supermarket and Mass Merchandise Stores, Drug and Health Product Stores, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Electronic Article Surveillance Labels (EAS) Market
The electronic article surveillance labels (EAS) market will register the growth at a rate of 5.4% for the forecast period of 2021 to 2028. The electronic article surveillance labels market report analyses the growth, which is currently being growing because of the high adoption for electronic article surveillance labels.
The electronic article surveillance (EAS) systems are utilized, in order to evade shopping operations in the retail outlets. The tags and labels are attached to the goods in multiple shops, which are then disengaged by the employees when the products are bought or inspected properly. This is a mechanism to safeguard goods, by electronically placing detectable tags on the products and warning the distributors when shoplifters try to bring goods at the exit gates in the shops by utilizing the electronic door detectors. This system comprises of an electronic antenna, an electronic tag and a deactivator or a detacher.
Factors such as the protection alongside the inventory losses, shoplifting, and theft, the revolutionising of the retail sector are the factors expected to propel the growth of the electronic article surveillance labels (EAS) market in the forecast period. However, the added investment needed to implement EAS systems, the high acceptance rate of the RFID technology in the retail sector are the factors most likely to impede the growth of the electronic article surveillance labels (EAS) market in the coming years. Additionally, the increasing growing disposition towards the digital processes and the high development potential in the developing markets are to further extend profitable opportunities for the growth of the electronic article surveillance labels (EAS) market throughout the forecast period. Despite that the unwillingness of the retailers might further challenge the growth of the electronic article surveillance labels (EAS) market in the near future.
This electronic article surveillance labels (EAS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the electronic article surveillance labels (EAS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electronic Article Surveillance Labels (EAS) Market Scope and Market Size
The electronic article surveillance labels (EAS) market is segmented on the basis of component, technology and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the component, the electronic article surveillance labels (EAS) market is segmented into tags, antennas and detachers.
- Based on the technology, the electronic article surveillance labels (EAS) market is segmented into video wall, acousto-magnetic, electromagnetic, radio frequency, and microwave.
- Based on the end user, the electronic article surveillance labels (EAS) market is segmented into apparel and fashion accessories stores, supermarket and mass merchandise stores, drug and health product stores, others.
Electronic Article Surveillance Labels (EAS) Market Country Level Analysis
The electronic article surveillance labels (EAS) market is analysed and market size, volume information is provided by country, component, technology and end user as referenced above.
The countries covered in the electronic article surveillance labels (EAS) market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the electronic article surveillance labels (EAS) market because of the increasing security concerns at the shopping store. Furthermore, the successfully managing and controlling of the crowd in a retail store has become an indispensable paradigm for the security authorities in the region which in turn will boost the growth of the electronic article surveillance labels (EAS) market in the region during the forecast period. Asia-Pacific is anticipated to observe significant amount of growth in the electronic article surveillance labels (EAS) market because of the growing number of the retail shops. Furthermore, the strong economic development, increasing consumerism, the growing living values, the increasing of the disposable incomes, and the altering lifestyles, and the supermarket and mass-merchandise outlets which in turn is anticipated to propel the growth of the electronic article surveillance labels (EAS) market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electronic Article Surveillance Labels (EAS) Market Share Analysis
The electronic article surveillance labels (EAS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electronic article surveillance labels machine market.
The major players covered in the electronic article surveillance labels (EAS) market report are Checkpoint Systems, Inc., Johnson Controls, Agon Systems, ALL-TAG Corporation, Amersec, TAG, Ketec Precsion Tooling Co., Ltd., Security Products, Inc, Softdel, Shenzhen Emeno Technology Co., Ltd., Cross Point, Takachiho Koheki CO., LTD, STANLEY Convergent Security Solutions, Inc., Shopguard Limited., Dexilon Automation, Feltron Security Systems LLC, Sentry Custom Security., Nedap N.V., Gateway Security Sweden AB, Softdel, Hangzhou Century Co.,Ltd., Tyco Retail Solutions, Vitag securities, Safegear., Universal Surveillance Systems, FE Moran Security Solutions, Industrial Security Solutions, Inc., SPIE AGIS Fire & Security, STANLEY Convergent Security Solutions, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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