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Global Smart Label Market Size, Share & Trends Analysis Report by Technology (EAS, RFID), Component (Transceivers, Memories), Application (Retail Inventory, Equipment), End-use (Automotive, Logistic), Region, and Segment Forecasts, 2023-2030

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    Report

  • 170 Pages
  • December 2023
  • Region: Global
  • Grand View Research
  • ID: 5921035
The global smart label market size is expected to reach USD 55.55 billion by 2030. It is expected to expand at a CAGR of 5.1% from 2023 to 2030. Installation of efficient anti-theft and anti-counterfeit systems in several end-user industries is projected to propel the demand. Constant research and innovation efforts to design advanced and application-specific products are expected to be the key trends in the global market over the next few years.

Rapid urbanization and rise in disposable income of consumers have propelled key end-user industries such as retail, FMCG, and healthcare & pharmaceutical in Asia-Pacific in the recent past. Growing economic trends in China, India, Japan, South Korea, and South East Asian countries have created lucrative opportunities in the market.

Usage of smart label helps companies to prevent key issues such as theft, shoplifting, and counterfeit. Thus, emerging presence of key retail and manufacturing industries in developing regions is projected to accelerate the growth of smart label market in the next few years.

Smart Label Market Report Highlights

  • The RFID labels segment accounted for the largest revenue share of 50.8% in 2022. Flexibility to be applied on several substrates, automatic data capture, information accuracy, and real-time tracking are the key benefits associated with RFID labels.
  • The electronic shelf/dynamic display labels segment is expected to grow at the fastest CAGR of 6.2% during the forecast period. Retail inventory accounted to be the largest application segment in 2015, accounting for over 22% of the global smart label market volume owing to excellent real time tracking efficiency
  • The retail inventory segment accounted for the largest revenue share of 22.8% in 2022. Protective measures taken by retailers to prevent shoplifting and theft are estimated to drive substantial demand in retail inventory application over the forecast period.
  • The retail segment accounted for the largest revenue share of 20.2% in 2022. Smart labels offer benefits that drive their adoption in the retail market.
  • The batteries segment accounted for the largest revenue share of 29.0% in 2022. The primary factor driving the segment is the continuous advancements in technology.
  • Asia-Pacific dominated the market and accounted for the largest revenue share of 33.3% in 2022 is expected to grow at the fastest CAGR of 5.6% during the forecast period.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Technology
1.1.2. Component
1.1.3. Application
1.1.4. End-use
1.1.5. Regional scope
1.1.6. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Technology outlook
2.2.2. Component outlook
2.2.3. Application outlook
2.2.4. End-use outlook
2.2.5. Regional scope
2.3. Competitive Insights
Chapter 3. Smart Label Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market restraint analysis
3.5.3. Industry opportunities & challenges
3.6. Smart Label Market Analysis Tools
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrant
3.6.1.5. Competitive rivalry
3.6.2. PESTEL analysis
3.6.2.1. Political landscape
3.6.2.2. Technological landscape
3.6.2.3. Economic landscape
3.6.2.4. Social landscape
3.6.2.5. Environmental landscape
3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies
Chapter 5. Smart Label: Technology Estimates & Trend Analysis
5.1. Smart Label Market: Key Takeaways
5.2. Smart Label Market: Movement & Market Share Analysis, 2022 & 2030
5.3. EAS Labels
5.3.1. EAS labels market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
5.4. RFID Labels
5.4.1. RFID labels market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
5.5. Sensing Labels
5.5.1. Sensing labels market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
5.6. Electronic Shelf/Dynamic Display Labels
5.6.1. Electronic shelf/dynamic display labels market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
5.7. Near Field Communication (NFC) Tags
5.7.1. Near field communication (NFC) tags market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
Chapter 6. Smart Label: Component Estimates & Trend Analysis
6.1. Smart Label Market: Key Takeaways
6.2. Smart Label Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Transceivers
6.3.1. Transceivers market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
6.4. Memories
6.4.1. Memories market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
6.5. Batteries
6.5.1. Batteries market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
6.6. Microprocessors
6.6.1. Microprocessors market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
6.7. Others
6.7.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
Chapter 7. Smart Label: Application Estimates & Trend Analysis
7.1. Smart Label Market: Key Takeaways
7.2. Smart Label Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Retail Inventory
7.3.1. Retail inventory market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
7.4. Perishable Goods
7.4.1. Perishable goods market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
7.5. Electronic & IT Assets
7.5.1. Electronic & IT assets market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
7.6. Equipment
7.6.1. Equipment market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
7.7. Pallets Tracking
7.7.1. Pallets tracking market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
7.8. Others
7.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
Chapter 8. Smart Label: End-use Estimates & Trend Analysis
8.1. Smart Label Market: Key Takeaways
8.2. Smart Label Market: Movement & Market Share Analysis, 2022 & 2030
8.3. Automotive
8.3.1. Automotive market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.4. Fast Moving Consumer Goods (FMCG)
8.4.1. Fast moving consumer goods (FMCG) market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.5. Healthcare & Pharmaceutical
8.5.1. Healthcare & pharmaceutical market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.6. Logistic
8.6.1. Logistic market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.7. Retail
8.7.1. Retail market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.8. Manufacturing
8.8.1. Manufacturing market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
8.9. Others
8.9.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Million Units)
Chapter 9. Smart Label Market: Regional Estimates & Trend Analysis
9.1. Regional Outlook
9.2. Smart Label Market by Region: Key Takeaway
9.3. North America
9.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.3.2. U.S.
9.3.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.3.3. Canada
9.3.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.3.4. Mexico
9.3.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.4. Europe
9.4.1. Germany
9.4.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.4.2. France
9.4.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.4.3. Italy
9.4.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.4.4. UK
9.4.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.4.5. Tukey
9.4.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.5. Asia-Pacific
9.5.1. China
9.5.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.5.2. India
9.5.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.5.3. Japan
9.5.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.5.4. Indonesia
9.5.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.5.5. Thailand
9.5.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.6. Central & South America
9.6.1. Argentina
9.6.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.6.2. Brazil
9.6.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.7. Middle East and Africa
9.7.1. South Africa
9.7.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
9.7.2. UAE
9.7.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million, Volume, Million Units)
Chapter 10. Competitive Landscape
10.1. Recent Developments & Impact Analysis, By Key Market Participants
10.2. Market Participant Categorization
10.2.1. AVERY DENNISON CORPORATION
10.2.1.1. Company overview
10.2.1.2. Financial performance
10.2.1.3. Product benchmarking
10.2.1.4. Strategic initiatives
10.2.2. CCL Industries
10.2.2.1. Company Overview
10.2.2.2. Financial performance
10.2.2.3. Product benchmarking
10.2.2.4. Strategic initiatives
10.2.3. Zebra Technologies Corp.
10.2.3.1. Company overview
10.2.3.2. Financial performance
10.2.3.3. Product benchmarking
10.2.3.4. Strategic initiatives
10.2.4. Alien Technology, LLC.
10.2.4.1. Company overview
10.2.4.2. Financial performance
10.2.4.3. Product benchmarking
10.2.4.4. Strategic initiatives
10.2.5. Checkpoint Systems, Inc.
10.2.5.1. Company overview
10.2.5.2. Financial performance
10.2.5.3. Product benchmarking
10.2.5.4. Strategic initiatives
List of Tables
Table 1 List of abbreviation
Table 2 North America smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 3 North America smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 4 North America smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 5 North America smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 6 North America smart label market, by region, 2018-2030 (USD Million, Million Units)
Table 7 U.S. smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 8 U.S. smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 9 U.S smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 10 U.S. smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 11 Canada smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 12 Canada smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 13 Canada smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 14 Canada smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 15 Mexico smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 16 Mexico smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 17 Mexico smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 18 Mexico smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 19 Europe smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 20 Europe smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 21 Europe smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 22 Europe smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 23 Europe smart label market, by region, 2018-2030 (USD Million, Million Units)
Table 24 Germany smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 25 Germany smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 26 Germany smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 27 Germany smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 28 France smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 29 France smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 30 France smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 31 France smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 32 Italy smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 33 Italy smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 34 Italy smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 35 Italy smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 36 UK smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 37 UK smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 38 UK smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 39 UK smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 40 Tukey smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 41 Tukey smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 42 Tukey smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 43 Tukey smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 44 Asia-Pacific smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 45 Asia-Pacific smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 46 Asia-Pacific smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 47 Asia-Pacific smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 48 Asia-Pacific smart label market, by region, 2018-2030 (USD Million, Million Units)
Table 49 China smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 50 China smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 51 China smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 52 China smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 53 India smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 54 India smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 55 India smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 56 India smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 57 Japan smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 58 Japan smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 59 Japan smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 60 Japan smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 61 Indonesia smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 62 Indonesia smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 63 Indonesia smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 64 Indonesia smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 65 Thailand smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 66 Thailand smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 67 Thailand smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 68 Thailand smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 69 Central & South America smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 70 Central & South America smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 71 Central & South America smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 72 Central & South America smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 73 Central & South America smart label market, by region, 2018-2030 (USD Million, Million Units)
Table 74 Argentina control valve market, by technology, 2018-2030 (USD Million, Million Units)
Table 75 Argentina smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 76 Argentina smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 77 Argentina smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 78 Brazil smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 79 Brazil smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 80 Brazil smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 81 Brazil smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 82 Middle East and Africa smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 83 Middle East and Africa smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 84 Middle East and Africa smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 85 Middle East and Africa smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 86 Middle East and Africa smart label market, by region, 2018-2030 (USD Million, Million Units)
Table 87 South Africa smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 88 South Africa smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 89 South Africa smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 90 South Africa smart label market, by end-use, 2018-2030 (USD Million, Million Units)
Table 91 UAE smart label market, by technology, 2018-2030 (USD Million, Million Units)
Table 92 UAE smart label market, by component, 2018-2030 (USD Million, Million Units)
Table 93 UAE smart label market, by application, 2018-2030 (USD Million, Million Units)
Table 94 UAE smart label market, by end-use, 2018-2030 (USD Million, Million Units)
List of Figures
Figure 1 Market research process
Figure 2 Data triangulation techniques
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value-chain-based sizing & forecasting
Figure 6 QFD modeling for market share assessment
Figure 7 Market formulation & validation
Figure 8 Smart label: Market outlook
Figure 9 Smart label: Competitive insights
Figure 10 Parent market outlook
Figure 11 Related/ancillary market outlook
Figure 12 Penetration and growth prospect mapping
Figure 13 Industry value chain analysis
Figure 14 Smart label market driver impact
Figure 15 Smart label market restraint impact
Figure 16 Smart label market strategic initiatives analysis
Figure 17 Smart label market: Technology movement analysis
Figure 18 Smart label market: Technology outlook and key takeaways
Figure 19 EAS labels market estimates and forecasts, 2018-2030
Figure 20 RFID labels market estimates and forecasts, 2018-2030
Figure 21 Sensing labels market estimates and forecasts, 2018-2030
Figure 22 Electronic shelf/dynamic display labels market estimates and forecasts, 2018-2030
Figure 23 Near Field Communication (NFC) tags market estimates and forecasts, 2018-2030
Figure 24 Smart label market: Component movement analysis
Figure 25 Smart label market: Component outlook and key takeaways
Figure 26 Transceivers market estimates and forecasts, 2018-2030
Figure 27 Memories market estimates and forecasts, 2018-2030
Figure 28 Batteries market estimates and forecasts, 2018-2030
Figure 29 Microprocessors market estimates and forecasts, 2018-2030
Figure 30 Other market estimates and forecasts, 2018-2030
Figure 31 Smart label market: Application movement analysis
Figure 32 Smart label market: Application outlook and key takeaways
Figure 33 Retail inventory market estimates and forecasts, 2018-2030
Figure 34 Perishable goods market estimates and forecasts, 2018-2030
Figure 35 Electronic & IT assets market estimates and forecasts, 2018-2030
Figure 36 Equipment market estimates and forecasts, 2018-2030
Figure 37 Pallets tracking market estimates and forecasts, 2018-2030
Figure 38 Other market estimates and forecasts, 2018-2030
Figure 39 Smart label market: End-use movement analysis
Figure 40 Smart label market: End-use outlook and key takeaways
Figure 41 Automotive market estimates and forecasts, 2018-2030
Figure 42 Fast Moving Consumer Goods (FMCG) market estimates and forecasts, 2018-2030
Figure 43 Healthcare & pharmaceutical market estimates and forecasts, 2018-2030
Figure 44 Logistic market estimates and forecasts, 2018-2030
Figure 45 Retail market estimates and forecasts, 2018-2030
Figure 46 Manufacturing market estimates and forecasts, 2018-2030
Figure 47 Other market estimates and forecasts, 2018-2030
Figure 48 Global smart label market: Regional movement analysis
Figure 49 Global smart label market: Regional outlook and key takeaways
Figure 50 North America market estimates and forecasts, 2018-2030
Figure 51 U.S. market estimates and forecasts, 2018-2030
Figure 52 Canada market estimates and forecasts, 2018-2030
Figure 53 Mexico market estimates and forecasts, 2018-2030
Figure 54 Europe market estimates and forecasts, 2018-2030
Figure 55 Germany market estimates and forecasts, 2018-2030
Figure 56 France market estimates and forecasts, 2018-2030
Figure 57 Italy market estimates and forecasts, 2018-2030
Figure 58 UK market estimates and forecasts, 2018-2030
Figure 59 Tukey market estimates and forecasts, 2018-2030
Figure 60 Asia-Pacific market estimates and forecasts, 2018-2030
Figure 61 China market estimates and forecasts, 2018-2030
Figure 62 India market estimates and forecasts, 2018-2030
Figure 63 Japan market estimates and forecasts, 2018-2030
Figure 64 Indonesia market estimates and forecasts, 2018-2030
Figure 65 Thailand market estimates and forecasts, 2018-2030
Figure 66 Central & South America market estimates and forecasts, 2018-2030
Figure 67 Argentina market estimates and forecasts, 2018-2030
Figure 68 Brazil market estimates and forecasts, 2018-2030
Figure 69 Middle East & Africa market estimates and forecasts, 2018-2030
Figure 70 South Africa market estimates and forecasts, 2018-2030
Figure 71 UAE market estimates and forecasts, 2018-2030

Companies Mentioned

  • AVERY DENNISON CORPORATION
  • CCL Industries
  • Zebra Technologies Corp.
Alien Technology, LLC.
  • Checkpoint Systems, Inc.

Methodology

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Table Information