The latest report by IMARC Group, titled “Smart Labels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on Smart Labels market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global smart labels market witnessed strong growth during 2015-2020. Smart labels are responsive electronic devices that are embedded in various products to offer enhanced functionality. These labels enable consumers to access detailed information about the ingredients, manufacturer, and manufacturing date of purchased products. In addition, smart labels are configured with a chip, antenna, and bonded wires that minimize human errors by providing real-time location tracking, automated reading, better traceability, rapid identification, and re-programmability for numerous items.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Smart Labels Market Trends:
The market is primarily driven by the significant growth in the packaging and e-commerce industries. Smart labels are used to provide detailed information regarding the packages with the help of digital technology and smart devices. They also provide real-time visibility and are useful in eliminating or lowering the number of theft and shoplifting incidents, which are propelling the demand for smart labels. In addition to this, technological advancements, such as the introduction of Big Data, the Internet of Things (IoT) and digital printing, have enabled several leading companies to create sensors printed on smart labels at a lower cost than silicon sensors. Besides this, the growing awareness regarding consumer rights and the growing penetration of smartphone applications are also fueling the market growth. Furthermore, governments in various countries are imposing strict measures to disclose product information to the public by necessitating the incorporation of smart labels in products. Looking forward, the market is expected to grow at a CAGR of around 14% during the forecast period (2021-2026).
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Avery Dennison Corporation
- CCL Industries Inc
- Checkpoints Systems, Inc
- Zebra Technologies Corporation
- Intermec, Inc.
- Invengo Information Technology Co Ltd
- Sato Holdings Corporation
- Thin Film Electronics ASA
- Smartrac N.V.
- Muehlbauer Holding AG
Smart Labels Market Segmentation:
Our report has categorized the market based on region, type, component type and end use industry.
Breakup by Type:
- RFID
- Electronic Article Surveillance
- Electronic Shelf Label
- Sensing Label
- Near Field Communication
Breakup by Component Type:
- Batteries
- Transceivers
- Microprocessors
- Memories
- Others
Breakup by End-user:
- Retail
- Logistics and Transportation
- Healthcare
- Food and Beverage
- Aerospace
- Data Centers
- Libraries
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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Table of Contents:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Labels Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Technology
5.5 Market Breakup by Component
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Key Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Technology
6.1 Radio-Frequency Identification (RFID)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electronic Article Surveillance (EAS)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Electronic Shelf Label (ESL)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Sensing Labels
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Near Field Communication (NFC)
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Component
7.1 Batteries
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Transceivers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Microprocessors
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Memories
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End-User
8.1 Retail
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Logistics and Transportation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Food and Beverage
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Aerospace
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Data Centres and Libraries
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Smart Labels Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Avery Dennison Corporation
11.3.2 CCL Industries Inc
11.3.3 Checkpoints Systems, Inc.
11.3.4 Zebra Technologies Corporation
11.3.5 Intermec, Inc.
11.3.6 Invengo Information Technology Co Ltd
11.3.7 Sato Holdings Corporation
11.3.8 Thin Film Electronics ASA
11.3.9 Smartrac N.V.
11.3.10 Muehlbauer Holding AG
List of Figures
Figure 1: Global: Smart Labels Market: Major Drivers and Challenges
Figure 2: Global: Smart Labels Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Smart Labels Market: Breakup by Technology (in %), 2020
Figure 4: Global: Smart Labels Market: Breakup by Component (in %), 2020
Figure 5: Global: Smart Labels Market: Breakup by End-User (in %), 2020
Figure 6: Global: Smart Labels Market: Breakup by Region (in %), 2020
Figure 7: Global: Smart Labels Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Smart Labels Market: Price Structure (US$/Unit)
Figure 9: Global: Smart Labels Industry: SWOT Analysis
Figure 10: Global: Smart Labels Industry: Value Chain Analysis
Figure 11: Global: Smart Labels Industry: Porter’s Five Forces Analysis
Figure 12: Global: Smart Labels (Radio-Frequency Identification) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Smart Labels (Radio-Frequency Identification) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Smart Labels (Electronic Article Surveillance) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Smart Labels (Electronic Article Surveillance) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Smart Labels (Electronic Shelf Label) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Smart Labels (Electronic Shelf Label) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Smart Labels (Sensing Labels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Smart Labels (Sensing Labels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Smart Labels (Near Field Communication) Market: Sales Value (in Million US$), 2015 & 2020
