Smart Labels Market by Product Type - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368939
  • Report
  • Region: Global
  • 130 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Advantech U.S.
  • Alien Technology Inc.
  • Avery Dennison
  • CCL Industries Inc.
  • Graphic Label, Inc.
  • SATO Holdings
  • MORE
Advancement in technology has led to a vast impact on various industries including food & beverage, automotive, electronics, packaging, construction, and others. Integration of technology with packaging has introduced advanced and innovative packaging trends such as use of smart packaging techniques, smart labels, digital & 3D packaging printing, high pressure packaging technology, and others. Smart labels, created by Grocery Manufacturers Association (GMA), has gained increase in traction in the packaging industry, owing to the growth in demand for product information by the consumers. These labels are an innovative transparent label associated with digital technology and smart devices that enable consumers to access a detailed information about their products. These are also known as pressure sensitive labels with RFID transponder placed in between the label face stock and its release liner. They provide electronically stored information with the help of these RFID transponders that automatically identifies and tracks the tags attached to the products.

The increase in demand for global smart labels market is also driven by its ability to provide real time visibility of the product and surge in demand for anti-theft devices due to security concerns. Moreover, the prominent rise in consolidated industries and advancement in technological proliferations associated with their significant use in applications, such as healthcare, & pharmaceuticals, logistics, retail inventory, food & beverages, and others, have boosted the growth of global smart labels industry. Thus, the various features of smart labels including real-time location tracing, re-programmability, and simultaneous identification & detailed information are expected to fuel the demand for the global smart labels market in various industries during the forecast period. However, lack of uniform standardized system along with low mechanical susceptibility restrain the growth of global smart labels industry.

The global smart labels market is segmented based on type, application, end-user industry, and geography. On the basis of type, it is classified into radio-frequency identification (RFID), electronic article surveillance labels (EAS), sensing labels, and dynamic display labels.On the basis of application, the market is categorized into retail inventory, perishable goods, and others (pallets tracking, equipment, IT assets, and others). Based on end-user industry, the global smart labels market is divided into retail, health & pharmaceuticals, food & beverage, logistics, fast-moving consumer goods (FMCG), automotive, and others.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). North America accounted for the maximum share in the global market, owing to the widespread use of smart labels in the U.S. Improvement in inventory management system, asset tracking facilities, and consumer good distribution boosted up the retail industry which thereby fueled up the growth of North America smart labels market. Asia-Pacific is expected to witness the highest growth, owing to the rise in potential startups, consumer’s disposable income, increase in urbanization & industrialization along with growth in retail and health & pharmaceutical industries.

The key players operating in the global smart labels market include CCL Industries Inc., Thinfilm Electronics, Zebra Technologies Corporation, CCL Industries, Alien Technology Inc., Invengo Information Technology Co., Ltd., SATO Holdings, Zebra Technologies, and Graphic Label, Inc.

KEY BENEFITS

This report provides a comprehensive analysis of the present & future market trends and opportunities for the growth of the global smart labels market from 2017 to 2023.
It offers an extensive analysis of segments, drivers, restraints, and trends related to the smart labels market in different geographies.
It provides a detailed analysis of the top factors that impact the global smart labels market.
This report offers insights about the competitive landscape in terms of strategies and product developments of smart labels market.
It involves a detailed quantitative analysis of the current smart labels market and estimations throughout the forecast period.

KEY MARKET SEGMENTS

By Product Type

RFID
Electronic Article Surveillance Label (EAS)
Sensing Label
Dynamic Display Label

By End-user Industry

Food & Beverages
Healthcare & Pharmaceuticals
Automotive
FMCG
Logistics
Retail
Others

By Application

Retail Inventory
Perishable Goods
Others

By Geography

North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Players

Advantech U.S.
Alien Technology Inc.
Avery Dennison
CCL Industries Inc.
Graphic Label, Inc.
Invengo Information Technology Co., Ltd.
Muehlbauer Holding Ag & Co.
Thinfilm Electronics
SATO Holdings
Zebra Technologies Corporation

Other Players

Checkpoint Systems, Inc.
Smartrac N.V.
Metra Blansko
TOSHIBA Global Commerce Solutions, Inc.
Willian Frick & Company
Intermec Inc.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Advantech U.S.
  • Alien Technology Inc.
  • Avery Dennison
  • CCL Industries Inc.
  • Graphic Label, Inc.
  • SATO Holdings
  • MORE
CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitution
3.3.4. High threat of new entrants
3.3.5. Moderate competitive rivalry

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Versatile benefits
3.5.1.2. Rising number of industry consolidations combined with technological explorations
3.5.1.3. Increasing population and rapid urbanization
3.5.1.4. Rising tech savvy consumers associated with increasing technological developments

3.5.2. Restraints

3.5.2.1. Poor mechanical susceptibility

3.5.3. Opportunities

3.5.3.1. Smart Labels have the opportunity to adapt to various materials

CHAPTER 4 GLOBAL SMART LABELS MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. RFID

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. ELECTRONIC ARTICLE SURVEILLANCE LABEL (EAS)

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. SENSING LABELS

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. DYNAMIC DISPLAY LABEL

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

CHAPTER 5 GLOBAL SMART LABELS MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. RETAIL INVENTORY

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. PERISHABLE GOODS

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. OTHERS

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

CHAPTER 6 GLOBAL SMART LABELS MARKET, BY END-USER INDUSTRY

6.1. OVERVIEW

6.1.1. Market Size and Forecast

6.2. FOOD & BEVERAGES

6.2.1. Key Market Trends
6.2.2. Key Growth factors and Opportunities
6.2.3. Market Size and Forecast

6.3. HEALTHCARE & PHARMACEUTICALS

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. AUTOMOTIVE

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.5. FMCG

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.6. LOGISTICS

6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast

6.7. RETAIL

6.7.1. Key market trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast

6.8. OTHERS

6.8.1. Key market trends
6.8.2. Key growth factors and opportunities
6.8.3. Market size and forecast

CHAPTER 7 SMART LABELS MARKET, BY GEOGRAPHY

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. Germany
7.3.3.2. France
7.3.3.3. UK
7.3.3.4. Italy
7.3.3.5. Spain
7.3.3.6. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. India
7.4.3.2. China
7.4.3.3. Japan
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Market size and forecast

7.5.2.1. Latin America
7.5.2.2. Middle East
7.5.2.3. Africa

CHAPTER 8 COMPANY PROFILES

8.1. ADVANTECH U.S.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments

8.2. ALIEN TECHNOLGY INC

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Business performance
8.2.5. Key strategic moves and developments

8.3. AVERY DENNISON CORPORATION

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Business performance
8.3.5. Key strategic moves and developments

8.4. CCL INDUSTRIES INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves and developments

8.5. GRAPHIC LABEL INC

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments

8.6. INVENGO INFORMATION TECHNOLOGY CO. LTD.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments

8.7. MUEHLBAUER HOLDING AG &CO.

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments

8.8. THINFILM ELECTRONICS

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments

8.9. SATO HOLDINGS

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance
8.9.5. Key strategic moves and developments

8.10. ZEBRA TECHNOLOGIES CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Business performance
8.10.5. Key strategic moves and developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Advantech U.S.
  • Alien Technology Inc.
  • Avery Dennison
  • CCL Industries Inc.
  • Graphic Label, Inc.
  • SATO Holdings
  • MORE
According to a new report titled, Smart Labels Market by Product Type, End-user Industry, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global smart labels market was valued at $5,428 million in 2017, and is expected to reach $13,671 million by 2023, registering a CAGR of 16.6% from 2017 to 2023. The dynamic display label segment is expected to register the highest CAGR of 17.6% during the forecast period, owing to the enhanced display of the detailed attributes of the product. Asia-Pacific is expected to exhibit the highest growth, owing to the growth in potential startups, rise in disposable income, increase in urbanization & industrialization, along with surge in retail and health & pharmaceutical industries.

The global smart labels market growth is driven by its ability to provide customers with detailed information about products using digital technology and smart devices. In addition, increase in demand for smart labels is driven by its ability to provide real-time visibility of the product. Moreover, rise in demand for effective anti-theft devices, owing to security concerns contributes to the significant rise in the demand for global smart labels market. Moreover, the prominent rise in consolidated industries and technological advancements proliferations associated with their significant use in applications, such as healthcare, & pharmaceuticals, logistics, retail inventory, food & beverages, and others, have further boosted the growth of the market. Thus, the various features of smart labels including real-time location tracing, re-programmability, and simultaneous identification & detailed information are expected to fuel the demand for the global smart labels market in various industries during the forecast period.

The global smart labels market is expected to register the highest growth of 17.6% in Asia-Pacific, owing to the increase in numbers of start-up industries, rise in consumers disposable income, and surge in population & urbanization.

The RFID labels segment is expected to generate the maximum revenue in the global market during the forecast period; thereby, accounting for $4,658 million by 2023. This is attributed to the extensive usage of RFID labels in industries due to its the associated benefits such as automatic data capture, information accuracy, and real tracking.

Key Findings of the Smart Labels Market:

The global smart labels market is expected to grow at the CAGR of 16.6% during the forecast period, thereby expanding the opportunities.
The dynamic display labels segment is expected to register the highest CAGR during the forecast period as compared to other product types.
North America is expected to be the highest revenue contributor to the global market in 2017, accounting for $1,690 million, and is estimated to reach $4,214 million by 2023, growing at a CAGR of 16.4%.
The key players operating in the global smart labels market include CCL Industries Inc., Thinfilm Electronics, Zebra Technologies Corporation, CCL Industries, Alien Technology Inc., Invengo Information Technology Co., Ltd., SATO Holdings, Zebra Technologies, and Graphic Label, Inc.
Note: Product cover images may vary from those shown
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  • Advantech U.S.
  • Alien Technology Inc.
  • Avery Dennison
  • CCL Industries Inc.
  • Graphic Label, Inc.
  • Invengo Information Technology Co., Ltd.
  • Muehlbauer Holding Ag & Co.
  • Thinfilm Electronics
  • SATO Holdings
  • Zebra Technologies Corporation
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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