Smart Labels Market: Global Market Size, Industry Trends, Leading Players, Market Share and Forecast 2019-2025

Smart labels are the labels providing with item or product identification by the use of technology such as RFID, EAS, NFC tags and many more to allow to access product details. It incorporates technology that extends the functionality and reliability of the product. It involves packaging beyond traditional print method. Smart labels depend on an interaction with the consumer devices, such as a smartphone to simplify communication. Smart labels have different types which are classified as printable labels, chip labels, and electronic labels. Smart labels are applied directly to shopping containers or packages. The smart label market is expected to grow at a significant rate during the forecast period owing to the growing need for the inventory tracking and pallet tracking, in the retail, logistics and apparel industries. Smart labels bring noteworthy advantages as compared to the barcode – only labels that do not provide the same level of readability, accuracy, and the depth of information.

Browse the full report of “Smart Labels Market, by Type (Radio Frequency Identification (RFID) Labels, Electronic Article Surveillance (EAS) Labels, Near Field Communication (NFC) Tags, Others), by End-User (Food and Beverages, Healthcare and Pharmaceuticals, Logistics, Others) – Global Trends, Market Size, Share, Growth and Forecast, 2019–2025” at https://www.omrglobal.com/industry-reports/smart-label-market/

The market is being driven by the increasing demand for security and anti-theft labels and technological advancement in the area such as RFID. One of the key technologies of security, RFID is rich in related system and product solutions. Increasing application of the smart labels in the packaging and logistic industry enables high tolerance capability and computerized reading from distance that assists in rejecting error and improving the process efficiency. Increasing penetration of smart labels in merchandise and assets tracing further contributes to the industry growth.

Global Smart Label Market comprises of several market players operating and providing smart label devices across the globe. The key players of global smart labels market include Thin Film Electronics ASA, Willian Frick & Company, Invengo Information Technology Co. Ltd., Checkpoint Systems Inc., Displaydata Ltd., Avery Dennison Corporation, CCL Industries Inc., Sato Holdings Corporation, Smartrac N.V., Checkpoint Systems Inc., Intermec Inc., Graphic Label Inc. and Alien Technology Inc.

Current Market Trends Covered in the Market Report:

• Asia-Pacific is considered to witness significant market growth in the global smart labels market during the forecast period.
• High growth opportunity due to increasing disposable income.
• Increasing application of the smart labels in the packaging and logistics industry.
• Evolution towards a circular economy for smart labels.
• Merger and acquisitions amid key market players escalating market growth.
• Untapped opportunity for smart labels in emerging countries.

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The Report Smart Labels Market – Segmentation

By Type

• Radio Frequency Identification (RFID) Labels
• Electronic Article Surveillance (EAS) Labels
• Near Field Communication (NFC) Tags
• Others (Sensible Labels and Dynamic Display Labels)

By End-User

• Food and Beverages
• Healthcare and Pharmaceuticals
• Logistics
• Others (Automotive)

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The Report Smart Labels Market – Segment by Region

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

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Source: Smart Labels Market