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Smart Labels Market by Technology, Components, Application, End-use Industry - Forecast to 2021

Smart Labels Market: Forecast until 2021

  • April 2016
  • 284 pages
  • ID: 3812625
In this report:
According to Bord Bia (An Irish state Agency of Food and Agriculture), France's grocery retail market was valued at ~USD ## billion in 2014 and ##% of the total retail market was accounted for by the food & beverages industry.
According to the United States International Trade Commission, in 2014, the retail market of the U.S. accounted for USD ##.## trillion, and accounted for a share of ##.##% of global retail sales.

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"Rising demand in the healthcare market to drive the sector for smart labels"

The overall market for smart labels will grow from ~$4.4B in 2016 to attain ~$10.0B by 2021, at an estimated compound annual growth rate of ~17.6 percent. The industry for smart labels is influenced by increasing demand in a variety of sectors like automotive, retail, FMCG, healthcare, and manufacturing, in both developed and developing countries. To track the activities of patients, hospital staff, inventory management, and patients' database, smart labels are highly preferred in the healthcare sector.

"Sensing labels forecasted to grow at a healthy Compound annual growth rate during the outlook period."

The sensing labels segment is intended to be the quickest-increasing technology in the smart labels market in the upcoming five years. Sensing labels are gaining preferences in industries including food & beverages and healthcare as these labels help to sense changes in temperature, oxygen, carbon dioxide, and others.

"Asia Pacific (APAC) to be the quickest increasing market during the estimate period."

The Asia Pacific (APAC) area is forecasted to be the quickest developing market during the outlook period, succeeded by Europe (EU), from 2016 to 2021. Japan (JP) recorded for the most important consumption of smart labels, succeeded by China (CN) in 2015. In North America continent, the U.S.A is the biggest consumer of smart labels.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info as well as assess future industry prospects. Distribution of primary interviews is like:

By Company Type: Tier1 - 41.0 percent, Tier 2 - 17.0 percent, and 1/3 3 - 42.0 percent

By Designation: C-level - 48.0 percent, Manager Level - 32.0 percent, and Others - 20.0 percent

By area: North america (NA) - 44.0 percent, Europe - 19.0 percent, Asia-Pacific - 28.0 percent, and rest of the world - 9.0 percent

Note: The 1/3 of the companies, the tiers of the corporations is defined on the basis of their final revenue, as of 2014. Tier n1: Revenue >USD 500 million, Tier 2: Revenue USD 100 to 500 million, and Tier 3: Revenue

15. Intermec Inc. [Honeywell International Inc.]

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the smart labels market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector

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