Global Inventory Tags Market By Overview
An inventory tag is a barcode label or plate that is attached to the packaged product for tracking. These system helps in easy counting items by scanning. There are four main types of inventories: raw materials/components, WIP, finished goods and MRO. These tagging is used to track individual items in order to better control inventory, by providing retailers with the ability to tag individual items on the retail floor. These detection antennas send out a signal, security tags or labels attached to products and merchandise within a store answer back. The tags display the whole information about the products, with a detailed history. It is an identity of product and many manufacturers used different variety of tags for the tracking of their product. Inventory tags market accounted for US$ 4.78 billion in 2020 and is estimated to be US$ 7.2 billion by 2030 and is anticipated to register a CAGR of 4.3%.
Global Inventory Tags Market By Dynamics
Rising initiatives by government bodies
Rising awareness among the usage of inventory tags in the developing nations is the major factor driving the growth of the inventory tracking technology. Moreover, increasing need of security of products and integration of advanced technology across the globe is another factor that fuel the growth of this market. In addition, easy printing of labels and surge in online shopping trend also boost the growth of the market.
However, rise of fraud products and loose enforcement across the globe restrains the growth of this market. And one major root cause that hamper the growth of tags market id high pricing associated with software and the product integration.
Global Inventory Tags Market By Segmentation
Inventory tags market is segmented based on technology, label type, printing technology, end-use and region.
On the basis of technology, the global inventory tags market is segmented into barcodes, RFID. Based on label type, the target market is segmented into plastic, paper, metal. On the basis of printing technology, the target market is segmented into digital printing, flexography, lithography, screen printing, gravure, others. On the basis of end users, the target market is further divided into industrial, retail, others.
Regional Insights:
Inventory tags market accounted for US$ 4.78 billion in 2020 and is estimated to be US$ 7.28 billion by 2030 and is anticipated to register a CAGR of 4.3%. On region the global Inventory tags market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific currently dominates the market for inventory tags and is expected to continue its strong hold for a few more years owing to increasing population, coupled with the rise in disposable income which is in turn creating demand for the packaged food products are factors driving growth of the global inventory tags market over the forecast period. The markets in North America and Europe are expected to register high growth rate, owing to various benefits offered by the inventory tags such as its reliability as well as easy real-time tracking in the countries of the region, over the forecast period.
Inventory Tags Market Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Technology- Barcodes, RFID By Label Type– Plastic, Paper, Metal By Printing Technology– Digital Printing, Flexography, Lithography, Screen Printing, Gravure, Others By End Use- Industrial, Retail, Others |
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 |
Report 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 2020 to 2030. For the purpose of this study, has segmented the global inventory tags market report based on technology, label type, printing technology, end use, and region.
Inventory Tags Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Inventory Tags Market By Key Players
The key players operating in the global inventory tags market includes Avery Dennison Corporation, 3M Company, Zebra Technologies Corporation, Brady Corporation, Tyco International PLC, Checkpoint Systems, Inc., SmartTrack N.V., Hewlett-Packard Company, Cenveo Inc., and Alien Technology, Inc.
Global Inventory Tags Market By Company Profile
- Avery Dennison Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 3M Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Zebra Technologies Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brady Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tyco International PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Checkpoint Systems Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Smart Track N.V
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hewlett-Packard Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cenveo Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alien Technology Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Inventory Tags Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- 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
- Market Preview
- Executive Summary
- Key Findings—Global Inventory Tags Strategies
- Key Questions this Study will Answer
- Market Snippet, By Technology
- Market Snippet, By Label Type
- Market Snippet, By Printing Technology
- Market Snippet, By End Use
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- 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
- Market Dynamics
- Market Segmentation, By Technology 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Barcodes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- RFID
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Label Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Plastic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Paper
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Metal
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Printing Technology, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Digital Printing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Flexography
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Lithography
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Screen Printing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Gravure
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By End Use, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Label Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Printing Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End Use, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Label Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Printing Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End Use, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Label Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Printing Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End Use, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Label Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Printing Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End Use, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Label Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Printing Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End Use, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Avery Dennison Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 3M Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Zebra Technologies Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brady Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tyco International PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Checkpoint Systems Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Smart Track N.V
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hewlett-Packard Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cenveo Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alien Technology Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Global Inventory Tags Market By Highlights
FAQs
Inventory tags market is segmented based on technology, label type, printing technology, end use, and region.
Rising initiatives by government bodies and increasing awareness of security about product is the major factor driving growth of the global market.
The market in Asia Pacific currently dominates the market for inventory tags and is expected to continue its strong hold for a few more years.
Key players operating in the inventory tags market includes Avery Dennison Corporation, 3M Company, Zebra Technologies Corporation, Brady Corporation, Tyco International PLC, Checkpoint Systems, Inc., SmartTrack N.V., Hewlett-Packard Company, Cenveo Inc., and Alien Technology, Inc.