Blockchain Based Solutions for Security Labels Market, By Identification Method (Bar code, Radio Frequency Identification and Holographic), By End-Use Industry (FMCG, Automotive, Retail, Consumer Electronics and Healthcare), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Market Trends, Analysis, and Forecast till 2029

Blockchain is a record keeping technology. It is widely used in cryptocurrency to store the information and in security labels to protect packaged products from counterfeiting.  Security labels enable smart tractability of the product in the supply chain, ensure the authenticity of the product. Moreover, the use of security labels also helps to avoid tampering, adulterating, and counterfeiting of the original product. Security labels are a vital part of the anti-counterfeiting solutions. The Blockchain based solutions for security labels Market accounted for US$ 22,000.2 million in 2019 and is anticipated to register a CAGR of 14.3%.

Impact of Covid-19 pandemic on market

With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries has imposed strict lockdown to limit the spread of disease. With the persisting impact of COVID-19, physical shopping has been radically altered. Several countries in Europe including the U.K., Spain, France, and Italy have implemented precautionary measures for their consumers. Enterprises in these countries are shifting their business operations to E-commerce platforms in order to support their consumers’ need to make purchases of goods across all sectors. This report will quantify the impact of a pandemic on the blockchain based solutions for security labels market.

Increasing advance packaging

Counterfeiting may be a significant concern across the worldwide food and beverage industry, specifically the alcohol industry, and beverage companies worldwide lose over billions of revenue. For instance, alcohol companies in Europe are losing sales revenue of around US$ 3.5 to 4 billion per annum due to counterfeiting of wine and spirits. Advance packaging, which incorporates smart security labeling, can help consumers to see the authenticity of the beverage. This is able to provide consumers with genuine products and enhanced revenue for beverage companies. As a result, companies are implementing smart labeling solutions for alcohol packaging. For instance, Adelphi, a Scotland-based alcohol manufacturing company, has adopted block chain-verified security labeling for its limited-edition single malt bottles. The authenticity of the bottle is often confirmed by scanning the QR code labeled on the neck of the bottle. Furthermore, Beer brand downstream, a beer company, has implemented QR code labeling which is an integral a part of their bottle aesthetic.

Increasing acceptance of blockchain for payments in the retail sector

The increasing acceptance of blockchain for payments in the retail sector is likely to garner the demand during the forecast time period. Numerous retailers and their suppliers have opted to use blockchain to simplify transactional processes and reduce additional expenses. UMT AG, the financial services company based in Germany, entered into an agreement with blockchain specialist Coinsilium to explore the use of blockchain technology in its service areas for retailers concerning B2C payments. Further, online retailers, such as Etsy, have accepted the use of bitcoins for payments. These transitions are anticipated to fuel the blockchain in retail market growth during the forecast timeframe.

The global blockchain based solutions for security labels market is segmented based on identification method, end-use industry, and region.

On the basis of identification method, the global blockchain based solutions for security labels market is segmented into bar code, radio frequency identification and holographic. Based on end-use industry, the market is segmented into FMCG, automotive, retail, consumer electronics and healthcare.

Regional Insights:

On region the global blockchain based solutions for security labels market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held dominant position in the global Blockchain Based Solutions for Security Labels market in 2019 and is projected to retain its dominance throughout the forecast period, owing to product developments done by the Security label companies in North America.

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020 – 2029
Market representation	Revenue in USD Million & CAGR from 2020 – 2029
Market Segmentation	By Identification Method: Bar code, Radio Frequency Identification and Holographic By End-Use Industry: FMCG, Automotive, Retail, Consumer Electronics and Healthcare
Delivery Mode Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
sReport coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global blockchain based solutions for security labels market report based on identification method, end-use industry, and region.

Global Blockchain based solutions for security labels Market, By Identification Method:

• Bar code
• Radio Frequency Identification
• Holographic

Global Blockchain based solutions for security labels Market, By End-Use Industry:

• FMCG
• Automotive
• Retail
• Consumer Electronics
• Healthcare

Global Blockchain based solutions for security labels Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global blockchain based solutions for security labels market includes 3M Company, Avery Dennison Corporation, CCL Industries Inc., Honeywell International Inc., UPM Raflatac, Inc., OpSec Security, Inc., Tesa SE, Brady Corporation, Covectra, Inc., and Mega Fortris (Malaysia) Sdn. Bhd. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In March 2017, FIR-Gmov Ltd started the development of the world’s first anti-counterfeit system equipped with 3D label technology. With this platform, end users can easily distinguish between authentic and counterfeit products. The company is planning to partner with multiple 3D label manufactures in 2020 to offer secure labelling solutions across the North America market.

• 3M Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Avery Dennison Corporation
• CCL Industries Inc.
• Honeywell International Inc.
• UPM Raflatac, Inc.
• OpSec Security, Inc.
• Tesa SE
• Brady Corporation
• Covectra, Inc.
• Mega Fortris (Malaysia) Sdn. Bhd

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Blockchain based solutions for security labels Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Identification Method
     • Market Snippet, By End-Use Industry
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Global Blockchain based solutions for security labels Market, By Identification Method, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Segment Trends
   • Bar code
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Radio Frequency Identification
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Holographic
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
6. Global Blockchain based solutions for security labels Market, By End-Use Industry, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Segment Trends
   • FMCG
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Automotive
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Retail
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Consumer Electronics
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Healthcare
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
7. Global Blockchain based solutions for security labels Market, By Region, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Mn), By Identification Method, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Mn), By Identification Method, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Mn), By Identification Method, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Mn), By Identification Method, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Mn), By Identification Method, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles
   • • 3M Company
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
       • Business Strategies
     • Avery Dennison Corporation
     • CCL Industries Inc.
     • Honeywell International Inc.
     • UPM Raflatac, Inc.
     • OpSec Security, Inc.
     • Tesa SE
     • Brady Corporation
     • Covectra, Inc.
     • Mega Fortris (Malaysia) Sdn. Bhd
10. The Last Word
    • Future Impact
    • About Us
    • Contact

List of Tables

TABLE List of data sources

TABLE Market drivers; Impact Analysis

TABLE Market restraints; Impact Analysis

TABLE Blockchain based solutions for security labels Market: Identification Method Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Identification Method

TABLE Global Blockchain based solutions for security labels Market, by Identification Method 2019-2029 (USD Million)

TABLE Blockchain based solutions for security labels Market: End-Use Industry Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by End-Use Industry

TABLE Global Blockchain based solutions for security labels Market, by End-Use Industry 2019-2029 (USD Million)

TABLE Blockchain based solutions for security labels Market: Regional snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Region

TABLE Global Blockchain based solutions for security labels Market, by Region 2019-2029 (USD Million)

TABLE North America Blockchain based solutions for security labels Market, by Country, 2019-2029 (USD Million)

TABLE North America Blockchain based solutions for security labels Market, by Identification Method, 2019-2029 (USD Million)

TABLE North America Blockchain based solutions for security labels Market, by End-Use Industry, 2019-2029 (USD Million)

TABLE Europe Blockchain based solutions for security labels Market, by Country, 2019-2029 (USD Million)

TABLE Europe Blockchain based solutions for security labels Market, by Identification Method, 2019-2029 (USD Million)

TABLE Europe Blockchain based solutions for security labels Market, by End-Use Industry, 2019-2029 (USD Million)

TABLE Asia Pacific Blockchain based solutions for security labels Market, by Country, 2019-2029 (USD Million)

TABLE Asia Pacific Blockchain based solutions for security labels Market, by Identification Method, 2019-2029 (USD Million)

TABLE Asia Pacific Blockchain based solutions for security labels Market, by End-Use Industry, 2019-2029 (USD Million)

TABLE Latin America Blockchain based solutions for security labels Market, by Country, 2019-2029 (USD Million)

TABLE Latin America Blockchain based solutions for security labels Market, by Identification Method, 2019-2029 (USD Million)

TABLE Latin America Blockchain based solutions for security labels Market, by End-Use Industry, 2019-2029 (USD Million)

TABLE Middle East and Africa Blockchain based solutions for security labels Market, by Country, 2019-2029 (USD Million)

TABLE Middle East and Africa Blockchain based solutions for security labels Market, by Identification Method, 2019-2029 (USD Million)

TABLE Middle East and Africa Blockchain based solutions for security labels Market, by End-Use Industry, 2019-2029 (USD Million)

List of Figures

FIGURE Blockchain based solutions for security labels Market segmentation

FIGURE Market research methodology

FIGURE Value chain analysis

FIGURE Porter’s Five Forces Analysis

FIGURE Market Attractiveness Analysis

FIGURE COVID-19 Impact Analysis

FIGURE Pre & Post COVID-19 Impact Comparison Study

FIGURE Competitive Landscape; Key company market share analysis, 2019

FIGURE Identification Method segment market share analysis, 2019 & 2029

FIGURE Identification Method segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE End-Use Industry segment market share analysis, 2019 & 2029

FIGURE End-Use Industry segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Regional segment market share analysis, 2019 & 2029

FIGURE Regional segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE North America Blockchain based solutions for security labels Market share and leading players, 2019

FIGURE Europe Blockchain based solutions for security labels Market share and leading players, 2019

FIGURE Asia Pacific Blockchain based solutions for security labels Market share and leading players, 2019

FIGURE Latin America Blockchain based solutions for security labels Market share and leading players, 2019

FIGURE Middle East and Africa Blockchain based solutions for security labels Market share and leading players, 2019

FIGURE North America market share analysis by country, 2019

FIGURE U.S. Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Canada Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Europe Blockchain based solutions for security labels Market share analysis by country, 2019

FIGURE Germany Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Spain Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Italy Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE UK Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE France Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of the Europe Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Asia Pacific Blockchain based solutions for security labels Market share analysis by country, 2019

FIGURE India Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE China Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Japan Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE South Korea Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of APAC Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America Blockchain based solutions for security labels Market share analysis by country, 2019

FIGURE Brazil Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Mexico Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Argentina Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of LATAM Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa Blockchain based solutions for security labels Market share analysis by country, 2019

FIGURE Saudi Arabia Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE United Arab Emirates Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of Middle East and Africa Blockchain based solutions for security labels Market size, forecast and trend analysis, 2019 to 2029 (USD Million)