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 Size, Share, Trends, Growth, Industry Analysis Report by Type (Radio Frequency Identification (RFID) Labels, Electronic Article Surveillance (EAS) Labels, Near Field Communication (NFC) Tags and Others), by End-User (Food and Beverages, Healthcare and Pharmaceuticals, Logistics and Others) 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:
The Report Smart Labels Market – Segmentation by Type and End-User
Global Smart Labels Market by Type
Global Smart Labels Market by End-User
The Report Smart Labels Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World