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A smart label, also known as a smart tag, lies under the conventional print-coated label and includes an antenna, chips, and bonded wires. Smart labels are made from fabric, plastic, or paper and are used as chip labels, printable labels, and electronic labels. According to the smart label market research, the market is currently witnessing significant growth and is expected to reach a CAGR of approximately 17% during the forecast period.
Many industries in the developed countries have made a shift to smart labels from traditional paper labels. Approximately 67 million automotive, healthcare, and logistics companies around the world, primarily in Euro-America, Australia, Turkey, Japan, and Korea, are currently using smart labels in the tracking of products.
This market is supported by several factors and a key smart label market driver is the growth of its customer segments. The demand for RFID smart labels from the retail industry, in particular, is expected to rise significantly in the next four years.
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The retail segment emerged as the largest consumer of smart labels in 2014. The growth if this segment is largely attributed to the rise in the number of supermarket chains in emerging markets such. Wal-Mart has announced its plans to open more than 1200 retail stores in Africa by 2016. Similarly, Carrefour SA has formed a joint venture with CFAO SA to expand its operations in African countries like Cameroon, Congo, Ivory Coast, The Democratic Republic of Congo, Gabon, Ghana, Nigeria, and Senegal. With substantial investments in smart labels, the retail segment is expected to dominate the market in the coming years.
According to the smart label market analysis, the key customer segments include: -
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RFID labels emerged as the largest smart labels market revenue contributor. As per the forecast, this segment will continue to dominate the market with the growing demand for passive RFID tags, networking, and software solutions for many industries in the APAC region. This region is also expected to witness the fastest growth during the forecast period.
The electronic shelf label segment is also expected to witness rapid growth due to its high adoption in hypermarkets and supermarkets. The adoption of electronic shelf label technology offers benefits to retailers in terms of minimization of labor, price integrity, and optimization of inventory. This segment is expected to reach over $1 billion in revenue by 2019.
The electronic article surveillance label market is currently witnessing saturation of demand in the US and Western European market. The segment is likely to witness new technological advances and growing demand from emerging markets.
The market landscape of smart labels is highly competitive with many local players offering innovative solutions at lower prices. Vendors in the market are also finding huge scope for innovation because of the increased demand for quality packaging and labeling.
According to the smart label market forecast, the leading vendors in this market are: -
The other prominent players in the market include Advantech, Altierre, Antiope, Checkpoint, Displaydata, Genitop, Graphixlabels, Herbert retail, ILID, METRA, Mirador, Muhlbauer, Opticon, Sato Holdings, Tangentics, Teraoka, Thin Film, Toshiba, UNO, and Zebra Technologies.
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01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Technologies
07.1 Global Smart Labels Market by Technologies 2014 and 2019
07.2 Global Smart Labels Market by Radio Frequency Identification Label
07.2.1 Market Size and Forecast
07.3 Global Smart Labels Market by Electronic Article Surveillance Label
07.3.1 Market Size and Forecast
07.4 Global Smart Labels Market by Electronic Shelf Labels
07.4.1 Market Size and Forecast
08. Market Segmentation by End-users
08.1 Global Smart Labels Market by End-users 2014-2019
09. Geographical Segmentation
09.1 Global Smart Labels Market by Geographical Segmentation 2014 and 2019
09.2 Smart Labels Market in the North America
09.2.1 Market Size and Forecast
09.3 Smart Labels Market in Europe
09.3.1 Market Size and Forecast
09.4 Smart Labels Market in the APAC Region
09.4.1 Market Size and Forecast
09.5 Smart Labels Market in ROW
09.5.1 Market Size and Forecast
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.1.1 Key Vendors
17.1.2 Key News
17.2 Other Prominent Vendors
18. Key Vendor Analysis
18.1 Avery Dennison
18.1.1 Key Facts
18.1.2 Business Overview
18.1.3 Business Segmentation by Revenue 2013
18.1.4 Business Segmentation by Revenue 2012 and 2013
18.1.5 Geographical Segmentation by Revenue 2013
18.1.6 Business Strategy
18.1.7 Recent Developments
18.1.8 SWOT Analysis
18.2 CCL Industries
18.2.1 Key Facts
18.2.2 Business Overview
18.2.3 Business Segmentation by Revenue 2014
18.2.4 Business Segmentation by Revenue 2013 and 2014
18.2.5 Geographical Segmentation by Revenue 2014
18.2.6 Business Strategy
18.2.7 Recent Developments
18.2.8 SWOT Analysis
18.3 Invengo Information Technology
18.3.1 Key Facts
18.3.2 Business Overview
18.3.3 Products Segmentation by Revenue 2013 and 2014
18.3.4 Geographical Presence
18.3.5 Recent Developments
18.3.6 SWOT Analysis
18.4 SMARTRAC
18.4.1 Key Facts
18.4.2 Business Overview
18.4.3 Products and Services
18.4.4 Geographical Presence
18.4.5 Recent Developments
18.4.6 SWOT Analysis
19. Other Reports in this Series
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