Smart Label Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: ITR 85347 Report Format: PDF + Excel (Delivery in 48 Hrs)

Smart label market size is forecast to reach $15.7 billion by 2025, growing at CAGR 10.60% during 2020-2025 owing to the growing entry of counterfeit products especially in the retail, healthcare/Pharmaceutical, fast moving consumer goods and other sector. Apart from this the supply chains across these industries are opting for various advanced package tracking and automated material handling systems to handle the packages during warehousing and dispatching which is further driving the demand for the smart label market. 

Takeaways- Smart label Industry Outlook

  • RFID label held the major share of the smart label market in 2019 and sensing labels to witness significant growth during 2020-2025
  • Logistics vertical attributed to the largest share of smart label market in 2019. However, retail smart label market to grow at the highest rate from 2020 to 2025
  • North America dominated the global smart label market in 2019 and APAC to witness the highest growth during the forecast period

Technology - Segment Analysis

RFID labels market accounted for the highest share of the  smart label market in 2019 owing the cost effectiveness, high traceability and ease of handling, rugged and other factors. These type of labels are majorly adopted in retail, automotive, manufacturing and other industrial sectors for supply chain management, inventory management and asset tracking applications. Sensing labels are estimated to witness the highest adoption especially in the FMCG sector during 2020-2025 owing to the growing demand for tracking and monitoring the quality of perishable goods. NFC labels are also poised to witness significant adoption in the retail and FMCG sector owing to the growing customer awareness against counterfeit items. NFC labels can avail necessary authenticity details along with other product related information to the customers by scanning the label using a NFC enabled smartphone with eas.

End User - Segment Analysis

Logistics sector attributed to the largest share of the smart label market in 2019 owing to the broad use of RFID labels to track the package across the supply chain. However, retail sector is estimated to witness the highest growth of around CAGR 14% followed by FMCG sector during 2020-2025 owing to the growing penetration of counterfeit items in this sector. The growing customer awareness towards branded products is also analyzed to be one of the factors assisting the market growth. Apart from this innovative marketing strategies being opted by the suppliers to stand out against the counterfeit or competitor products though smart packaging and labelling solutions is also poised to be one of the smart label market driving forces in the retail sector

Geography - Segment Analysis

North America acquired the major market share of around 36% of the global smart label market in 2019 owing to the broad presence of customer based and high adoption rate innovative labelling products. APAC smart label market is estimated to witness the highest growth rate during 2020-2025, owing to the high penetration of counterfeit item in the APAC market, largest tech savvy customer base and growing awareness related to product genuineness especially for branded item. Apart from this the high penetration of printed electronics in this sector is also set to pave the way for low cost printed smart label products’ manufacturing thereby driving the market during 2020-2025

Drivers – Smart Label Market

  • Growing Emphasis to Customer Satisfaction

The suppliers in the high volume goods production has been analyzed to be the major adopters of IIoT in production, packaging, labelling, material handling, and distribution; there is a shift in focus of these suppliers towards the customer engagement with smart packaging solution to achieve the next level of customer satisfaction. This is resulting to the use to smart packaging solution authentication, tampering detection, temperature detection, tracking, reordering stocks and various others, which can take customer satisfaction to the next level by improving the customer experience while buying the products. This is set to drive the smart label market during the forecast period 2020-2025

Challenges – Smart Label Market

  • High Cost of Smart Labels and Production Equipment

The cost of smart labels for use in high volume products is significantly high as compared to conventional labels. Printed electronics based smart labels can have lower prices but the capital intensiveness of printed electronics production equipment and cost of die for unique smart labels is analyzed to be one of the major factors impeding the launch of cheap printed electronics smart labels, thereby impeding the market growth 

Market Landscape

Smart label top 10 companies operating in the market includes Zebra Technologies, Smartrac N.V., Checkpoint Systems, Inc., Sato Holdings Corporation,  ASK S.A., Invengo Information Technology Co Ltd, Avery Dennison Corporation, Ccl Industries, Inc, William Frick Company,  Graphic Label, Inc  and so on. The market is analyzed to be moderately consolidated and highly competitive owing to the entry of new players in the market with innovative solutions, significant product differentiation, medium switching cost and various other factors

Partnership & Agreement

  • In February 2019, Coca Cola launched limited edition light up bottle label campaign in partnership with Inuru, a Berlin based startup specializing in illuminating labels. The labels incorporates printed electronics including OLED, batteries and others
  • In December 2019, Carpe Diem Technologies, Inc. signed an agreement with University of Minnesota, for commercializing SCALE (Self-aligned Capillarity-Assisted Lithography for Electronics) a printed electronics technology which would find immediate applications in smart labels for consumer products, pharmaceutical and others

1. Smart Label Market - Overview
        1.1 Definitions and Scope
2. Smart Label Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Smart Label Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Smart Label Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Smart Label Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Smart Label Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Smart Label Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Smart Label Market - By Technology (Market Size -$Million / $Billion)
8.1 Electronic Article Surveillance (EAS) Labels
8.1.1 Acousto-Magnetic 
8.1.2 Microwave EAS 
8.1.3 Electro-Magnetic EAS
8.1.4 UHF
8.2 RFID Labels 
8.2.1 Low Frequency
8.2.2 High Frequency
8.2.3 Ultra High Frequency 
8.3 Sensing Labels 
8.3.1 Position/Tilt Sensing Labels
8.3.2 Chemical Sensing Labels
8.3.3 Humidity Sensing Labels
8.3.4 Temperature Sensing Labels
8.4 Electronic Shelf/Dynamic Display Labels
8.5 Near Field Communication (NFC) Tags
9. Smart Label Market - By Component (Market Size -$Million / $Billion)
9.1 Transceivers
9.2 Memories
9.3 Batteries
9.4 Microprocessors 
9.5 Others
10. Smart Label - By Application (Market Size -$Million / $Billion)
10.1 Retail Inventory
10.2 Perishable Good
10.3 Electronic It Asset
10.4 Equipment
10.5 Pallet Tracking
11. Smart Label Market - End-user (Market Size -$Million / $Billion)
        11.1 Automotive
        11.2 Fast Moving Consumer Goods
        11.3 Healthcare & pharmaceutical
        11.4 Logistic
        11.5 Retail
        11.6 Manufacturing
12. Smart Label - By Geography (Market Size -$Million / $Billion)
        12.1 Smart Label Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Smart Label- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Smart Label- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Smart Label - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Smart Label - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Smart Label Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Smart Label Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Smart Label Market - Key Company List by Country Premium
16. Smart Label Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 Alien Technology, Inc
        16.3 Ask Sa
        16.4 Avery Dennison Corporation
        16.5 Ccl Industries, Inc
        16.6 Checkpoint Systems, Inc
        16.7 Displaydata Ltd
        16.8 Graphic Label, Inc
        16.9 Intermec Inc
        16.10 Invengo Information Technology Co Ltd
        16.11 Muhlbauer Holding Ag Co. Ltd
        16.12 Sato Holding Corporation
        16.13 Smartrac N V
        16.14 Thin Film Electronics Asa
        16.15 William Frick Company
        16.16 Company 16
        16.17 Company 17 & More
*Financials would be provided on a best efforts basis for private companies
17. Smart Label Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Smart Label Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Smart Label Market:Application Outlook Market 2019-2024 ($M)
1.1 Retail Inventory Market 2019-2024 ($M) - Global Industry Research
1.2 Perishable Good Market 2019-2024 ($M) - Global Industry Research
1.3 Electronic It Asset Market 2019-2024 ($M) - Global Industry Research
1.4 Equipment Market 2019-2024 ($M) - Global Industry Research
1.5 Pallet Tracking Market 2019-2024 ($M) - Global Industry Research
2.Global Smart Label Market:Application Outlook Market 2019-2024 (Volume/Units)
2.1 Retail Inventory Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Perishable Good Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Electronic It Asset Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Equipment Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 Pallet Tracking Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Smart Label Market:Application Outlook Market 2019-2024 ($M)
3.1 Retail Inventory Market 2019-2024 ($M) - Regional Industry Research
3.2 Perishable Good Market 2019-2024 ($M) - Regional Industry Research
3.3 Electronic It Asset Market 2019-2024 ($M) - Regional Industry Research
3.4 Equipment Market 2019-2024 ($M) - Regional Industry Research
3.5 Pallet Tracking Market 2019-2024 ($M) - Regional Industry Research
4.South America Smart Label Market:Application Outlook Market 2019-2024 ($M)
4.1 Retail Inventory Market 2019-2024 ($M) - Regional Industry Research
4.2 Perishable Good Market 2019-2024 ($M) - Regional Industry Research
4.3 Electronic It Asset Market 2019-2024 ($M) - Regional Industry Research
4.4 Equipment Market 2019-2024 ($M) - Regional Industry Research
4.5 Pallet Tracking Market 2019-2024 ($M) - Regional Industry Research
5.Europe Smart Label Market:Application Outlook Market 2019-2024 ($M)
5.1 Retail Inventory Market 2019-2024 ($M) - Regional Industry Research
5.2 Perishable Good Market 2019-2024 ($M) - Regional Industry Research
5.3 Electronic It Asset Market 2019-2024 ($M) - Regional Industry Research
5.4 Equipment Market 2019-2024 ($M) - Regional Industry Research
5.5 Pallet Tracking Market 2019-2024 ($M) - Regional Industry Research
6.APAC Smart Label Market:Application Outlook Market 2019-2024 ($M)
6.1 Retail Inventory Market 2019-2024 ($M) - Regional Industry Research
6.2 Perishable Good Market 2019-2024 ($M) - Regional Industry Research
6.3 Electronic It Asset Market 2019-2024 ($M) - Regional Industry Research
6.4 Equipment Market 2019-2024 ($M) - Regional Industry Research
6.5 Pallet Tracking Market 2019-2024 ($M) - Regional Industry Research
7.MENA Smart Label Market:Application Outlook Market 2019-2024 ($M)
7.1 Retail Inventory Market 2019-2024 ($M) - Regional Industry Research
7.2 Perishable Good Market 2019-2024 ($M) - Regional Industry Research
7.3 Electronic It Asset Market 2019-2024 ($M) - Regional Industry Research
7.4 Equipment Market 2019-2024 ($M) - Regional Industry Research
7.5 Pallet Tracking Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Smart Label Market Revenue, 2019-2024 ($M)
2.Canada Smart Label Market Revenue, 2019-2024 ($M)
3.Mexico Smart Label Market Revenue, 2019-2024 ($M)
4.Brazil Smart Label Market Revenue, 2019-2024 ($M)
5.Argentina Smart Label Market Revenue, 2019-2024 ($M)
6.Peru Smart Label Market Revenue, 2019-2024 ($M)
7.Colombia Smart Label Market Revenue, 2019-2024 ($M)
8.Chile Smart Label Market Revenue, 2019-2024 ($M)
9.Rest of South America Smart Label Market Revenue, 2019-2024 ($M)
10.UK Smart Label Market Revenue, 2019-2024 ($M)
11.Germany Smart Label Market Revenue, 2019-2024 ($M)
12.France Smart Label Market Revenue, 2019-2024 ($M)
13.Italy Smart Label Market Revenue, 2019-2024 ($M)
14.Spain Smart Label Market Revenue, 2019-2024 ($M)
15.Rest of Europe Smart Label Market Revenue, 2019-2024 ($M)
16.China Smart Label Market Revenue, 2019-2024 ($M)
17.India Smart Label Market Revenue, 2019-2024 ($M)
18.Japan Smart Label Market Revenue, 2019-2024 ($M)
19.South Korea Smart Label Market Revenue, 2019-2024 ($M)
20.South Africa Smart Label Market Revenue, 2019-2024 ($M)
21.North America Smart Label By Application
22.South America Smart Label By Application
23.Europe Smart Label By Application
24.APAC Smart Label By Application
25.MENA Smart Label By Application
26.Avery Dennison Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Ccl Industries, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Alien Technology, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Sato Holding Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Checkpoint Systems, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Smartrac N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Muhlbauer Holding Ag Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ask Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Thin Film Electronics Asa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Intermec Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Invengo Information Technology Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Graphic Label, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Displaydata Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.William Frick Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)