Global Smart Stickers/Labels Market, By Technology (Electronic Article Surveillance Labels (EAS), RFID Labels, Sensing Labels, Electronic Shelf/Dynamic Display Labels, Near Field Communication (NFC) Tags), Component (Transceivers, Memories, Batteries, Microprocessors, Others), Application (Retail Inventory, Perishable Goods, Electronic and IT Assets, Pallets Tracking, Equipment, Others), End User (Food and Beverages, Healthcare, Fast-Moving Consumer Goods (FMCG), Automotive, Manufacturing, Retail, Logistics, Others),Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Smart Stickers/Labels Market
Smart stickers/labels market size is valued at USD 0.95 billion by 2028 and is expected to grow at a compound annual rate of 2.30% in the forecast period of 2021 to 2028. The rapid increase in the demand of smart stickers/labels from food industry is the factor for the growth of smart stickers/labels market in the aforementioned forecast period.
Smart label is a type of a label which incorporates technology that expand the functionality and content of labels or packaging ahead of traditional print methods. This comesin a variety of forms such as RFID tags, to QR codes and near field communication (NFC).
The major growing factor towards smart stickers/labels market is the incorporation of intelligent labels such as QR code on the packed foods by various manufacturers. Furthermore, thesesmart stickers or labels add traceability to the product which is vital for tracing the source of the food, preventing false goods and is also heightening the overall demand forsmart stickers/labels market over the forecast period of 2021 to 2028. Moreover, the improved food security and safety, which is mainly important for perishable goods such as seafood, meat and dairy products also serves as foremost drivers for increasing the demand for smart stickers/labels market at a global level. In addition, the increasing health consciousness and strict government mandates regarding labeling of the productsare also lifting the growth of the smart stickers/labels market.
However, thelacks of standards as well as the extra cost incurred owing to the use of smart labels areprojected to act as a restraint towards the growth of smart stickers/labels market, whereas thereflection and inclusion of RF signals by metallic and liquid objects and dropping cost of printed electronicshave the potential to challenge the growth of the smart stickers/labels market.
Moreover, the constant R&D and innovations in the smart labels as well as growing demand in logistics and introduction of new technologies such as electronic shelf/dynamic display labelswill further generate new opportunities for the smart stickers/labels market in the forecast period of 2021 to 2028.
This smart stickers/labels market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on smart stickers/labels market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Smart Stickers/Labels Market Scope and Market Size
Smart stickers/labels market is segmented on the basis of technology, component, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the smart stickers/labels market has been segmented into electronic article surveillance labels (EAS), RFID labels, sensing labels, electronic shelf/dynamic display labels and near field communication (NFC) tags. Electronic article surveillance labels (EAS) has further been segmented into acousto-magnetic (am) EAS, microwave EAS, electro-magnetic (AM) EAS and UHF, Gen 2 RFID EAS. RFID labels have further been segmented into low frequency (LF) RFID, high frequency (HF) RFID and ultra high frequency RFID. Sensing labels have further been segmented into position/tilt sensing labels, chemical sensing labels, humidity sensing labels and temperature sensing labels.
- Based on component, the smart stickers/labels market has been segmented intotransceivers, memories, batteries, microprocessors and others. Othershave further been segmented into antenna and other basic component.
- The application segment of the smart stickers/labels market has been segmented into retail inventory, perishable goods, electronic and IT assets, pallets tracking, equipment and others. Othershave further been segmented intoreusable goods, security access, patient care smart wrist bands and general assets.
- Based on end user, the smart stickers/labels market has been segmented intofood and beverages, healthcare, fast-moving consumer goods (FMCG), automotive, manufacturing, retail, logistics and others. Othershave further been segmented into aerospace, library, construction and postal services.
Smart Stickers/Labels Market Country Level Analysis
Smart stickers/labels market is analyses and market size, volume information is provided by country, technology, component, application and end user as referenced above.
The countries covered in the smart stickers/labels market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the smart stickers/labels market because of the strong presence of both small and big retail stores in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to strict government rules and regulations regarding the labeling of the products in this region.
The country section of the smart stickers/labels market 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 Smart Stickers/Labels Market Share Analysis
Smart stickers/labels 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 smart stickers/labels market.
The major players covered in the smart stickers/labels report are Avery Dennison Corporation, CCL Industries, Zebra Technologies Corp.,SATO America, Paragon Group Limited, Checkpoint Systems, Inc., Honeywell International Inc.,Xeikon,OPRFID Technologies,Mühlbauer Group,Alien Technology, LLC,Invengo Technology Pte Ltd.,MPI Label Systems,William Frick & Company and Displaydata Limitedamong 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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