The report offers detailed coverage of Inventory tag industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Inventory tag by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Inventory tag is a label attached to the objects to provide them with unique identification and assist in counting the physical inventory. Furthermore, inventory tags offer various advantages over traditional technologies, for instance, effective tracking of products and equipment, which is further maintained by the management information system (MIS) software. These are used to categorize objects based on their nature and application. In addition, these tags allow end users to streamline the stocking process. Hence, in recent years, various government bodies and manufacturing hubs have largely deployed inventory tags, owing to the rise in awareness toward protection against loss, theft, and counterfeiting. Inventory tagging offers various benefits, such as cost-efficiency, automation, and accuracy while tracking inventory through the retail environment and supply chain network. This also improves end user experience by providing better visibility and improved control of inventory.
Rise in awareness of the benefits provided by inventory tags, efforts toward standardization, rapid expansion of retail segment, and convergence of technologies drive the market growth. The market growth is further supported by the increase in disposable income predominantly in the developing countries globally, rapid industrialization, and imposition of strict laws pertaining to secure packaging. However, lack of awareness and high initial costs are some key challenges pertaining in the global inventory tags market.
The report forecast global Inventory tag market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Inventory tag market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Inventory tag according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Tyco International Plc
Zebra Technologies Corporation
Avery Dennison Corporation
Cenveo Inc
3M Company
Smartrac NV
Hewlett-Packard Company
Checkpoint systems Inc
Alien Technology Inc
Market by Order Type
Metal Tags
Plastic
Paper
Others
Market by Application
Retail
Industrial
Others