According to a new report Smart Labels Market (2017-2023), published by KBV Research, the Smart-Labels Market is expected to attain a market size of $14.0 billion by 2023, growing at a CAGR of 18.4% during the forecast period.
The North America market dominated the Global Electronic Article Surveillance Label Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 18.4 % during the forecast period. The Europe market is expected to witness a CAGR of 18.6% during (2017 - 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 19.9% during (2017 - 2023).
KBV Cardinal Matrix - Smart Labels Market
Source: KBV Research Analysis, Company Publications and Secondary Research
The Retail Inventory market dominated the Global Smart Labels Market by Application in 2016, and would continue to be a dominant market till 2023. The Perishable Goods market is expected to witness a CAGR of 19.4% during (2017 - 2023). Additionally, The Others market is expected to witness a CAGR of 20.9% during (2017 - 2023).
The Logistics market dominated the Global Smart-Labels Market by End User in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 16.1 % during the forecast period. The FMCG market is expected to witness a CAGR of 18.8% during (2017 - 2023). The Healthcare & Manufacturing market is expected to witness a CAGR of 20.7% during (2017 - 2023). Additionally, The Automotive market would attain market value of $1,047.4 million by 2023.
Based on the Analysis presented in the Cardinal matrix, Invengo Information Technology Co Ltd. and CCL Industries Ltd. are the forerunners in the Smart Labels market. Companies such as Avery Dennison Corporation, Advantech U.S. Inc. and Sato Holdings are some of the key innovators in Smart Labels Market.
Full report - https://www.kbvresearch.com/smart-labels-market/
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Smart Labels Market have been discussed in the report along with the elaborated company profiles of Advantech U.S. Inc., Alien Technology Inc., Avery Dennison Corporation, CCL Industries Ltd., Graphic Label Inc., Invengo Information Technology Co Ltd., Muehlbauer Holding Ag & Co., Thinfilm Electronics, Sato Holdings, and Zebra Technologies Corporation.
Smart Labels Segmentation
By Product Types
By Applications
By End Users
By Geographies
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Smart Labels Market (2017-2023)
Europe Smart Labels Market (2017-2023)
Asia Pacific Smart Labels Market (2017-2023)
LAMEA Smart Labels Market (2017-2023)