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Global Smart Label Market Size will Expand by 13.8% CAGR to Reach $27.39 Billion by 2030

Smart Label Market

Taking into account the effects of the COVID-19 pandemic, the global smart label industry will expand by 13.8% year between 2020–30 to reach $27.39 billion by 2030. The market is being pushed by the development of technology, growing disposable income among households, the viability of real-time monitoring of goods, and the rising need for increased security and anti-theft labels.

This 169-page report, “Global Smart Label Market 2020-2030 by Component, Product Form, Technology (RFID, EAS, Sensing Label, NFC, ESL), Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity,” is highlighted by 81 tables and 90 figures and is based on extensive research of the entire global smart label market and all of its sub-segments through extremely detailed classifications.

Premium primary and secondary information sources are used to create in-depth research and evaluation, with input coming from business specialists working throughout the value chain. The report uses studies from 2017 to 2019 as its foundation and uses 2019 as the base year for estimates for 2020 and forecasts from 2021 to 2030. (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).

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The following elements are identified and examined in-depth qualitative analyses:

• Market Organization

• Growth Agents

• Challenges and Restrictions

• Market Opportunities & Emerging Product Trends

• Fiver Forces Porter

By taking COVID-19 into consideration, the trend and prognosis for the global market are predicted with an upbeat, fair-minded, and cautious viewpoint. The worldwide smart label market is quantified from all angles, including component, product form, technology, application, industry vertical, and region, using the balanced (most likely) projection.

The worldwide Smart Label Market is divided into the following sub-markets based on component, with annual revenue ($ mn) for 2019–2030 provided in each sector.

• Battery

• Relay systems

• Computer processors

• Recalls

• Additional Elements

The worldwide Smart Label Market is divided into the following sub-markets based on product form, with annual revenue ($ mn) for 2019–2030 provided in each sector.

• Paperboard and Paper

• Plastic Foam

• Plastics and Additional

The worldwide Smart Label Market is divided into the following sub-markets based on technology, with annual revenue ($ mn) for 2019–2030 provided in each sector.

• RFID

• Electronic surveillance of articles (EAS)

• Detect Label

• NFC

• Digital Shelf Label (ESL)

• Additional Technology

The worldwide Smart Label Market is divided into the following sub-markets according to application, with annual revenue ($ mn) for 2019–2030 mentioned in each area.

• IT and Electronics Asset

• Resources

• Inventory & Retail Tracking

The Pallet

• Fresh products

• Alternative Uses

The worldwide Smart Label Market is divided into the following sub-markets based on industry vertical, with annual revenue ($ mn) for 2019–2030 mentioned in each area.

• Retail Sector

• Transportation and Logistics

• Pharmaceutical and healthcare

Industry Manufacturing

• Quickly consumed goods (FMCG)

• Transportation

• Aviation

• Libraries and data centres

• Related Sectors

Along with the above national/local markets, the following geographic areas are thoroughly investigated:

• America, North (U.S., Canada, and Mexico)

In Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

Latin America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa)

Detailed analysis and statistics for yearly revenue ($ mn) for each of the aforementioned regions and nations are provided for the years 2019 through 2030. There is also a breakdown of the major national markets by component, technology, and industry vertical during the projection years, as well as a breakdown of the regional markets by country.

The study also analyses the present competition landscape, the anticipated trend, and it provides profiles of major suppliers, including both established market leaders and significant up-and-coming companies.

Key Players (this list may not be exhaustive; other businesses may be included upon request):

  • The Avery Dennison Company
  • Inc. CCL Industries
  • System Checkpoint Inc.
  • Showdata Ltd.
  • Visual Label, Inc.
  • Inc. Intermec (Honeywell International Inc.)
  • The company is Invengo Information Technology Co.
  • & Co. Muehlbauer Holding Ag
  • Sato Holdings Corporation
  • scannedbuy inc
  • the Smartrac N.V.
  • Electronics on Thin Film ASA
  • William Frick and Co.
  • Corporate Zebra Technologies

(Please note that the report will be updated before to delivery to ensure that the forecast includes at least 5 years beyond the base year and the most recent historical year serves as the base year.)