The inventory tag market size is expected to grow from $ 4.08 billion in 2016 to $ 5.07 billion by 2021, with a CAGR of 4.43%.
The implementation of inventory tag technologies is an important strategy adopted by many manufacturing companies and regulators in recent years. Increased awareness of protection against theft, loss and counterfeiting; possibility of technological integration; product identification without human intervention or the need for line of sight; and the adoption of real-time tracking systems are some of the factors contributing to the growth in demand for inventory labels in packaging. In addition, strict laws regarding counterfeiting activities, the need for efficient use of the supply chain, and the availability of cost-effective counterfeit technologies have prompted packaging companies to opt for label technologies from inventory, resulting in cost savings.
In order to protect the product against counterfeits, companies integrate authentication technologies into the packaging of their products. Authentication technologies such as barcodes, RFIDs, and security inks and dyes are used by businesses to protect their brand image. The use of authentication technologies in the industrial sector is expected to grow at the highest CAGR during the forecast period.
Top Companies in the Global Inventory Tags Market: Avery Dennison Corporation, 3M Company, Zebra Technologies Corporation, Brady Corporation, Tyco International, Checkpoint Systems, Smartrac, Hewlett-Packard Company, Cenveo, Alien Technology, others.
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The Inventory Labels market can be divided based on product types and its sub-type, major applications and area of use of third parties, and major regions.
This report segments the global inventory tags market on the basis of following types: Plastic, paper, metal, others,
Based on the application, the global inventory tags market is segmented into: Industry, Retail, Aerospace, Marine, Gifts,
Business Opportunities of the Inventory Labels Market in the Following Regions and Countries:
North America (United States, Canada and Mexico)
Europe (Germany, Great Britain, France, Italy, Russia, Spain and Benelux countries)
Asia Pacific (China, Japan, India, Southeast Asia and Australia)
Latin America (Brazil, Argentina and Colombia)
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The latest industry data included in this report:
– Global Inventory Tags Market Size and Analysis (2016-2027)
– Global Inventory Tags Market Market Share Analysis (%), 2016-2027
-Global market share, by brand
-Global market share, by company
– Market assessment and opportunity of the Global Inventory Tags Market (Value), 2016-2027
-Analysis and forecast of the market value of large companies’ inventory labels
-Promising development by large companies
-Detailed portfolio of large companies
-Major offerings in the global inventory tag market
-Analysis of large companies
Important features offered and highlights of the reports:
-Detailed overview of the inventory tags market
-Changing industry inventory tag market dynamics
– In-depth market segmentation by type, application, etc.
-Historical, current and projected inventory tag market size in terms of volume and value Recent industry trends and developments
-Competitive landscape of the inventory labels market
-Strategies of key players and product offers
-Potential and niche segments / regions showing promising growth.
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