The global demand for Sensormatic Labels Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The sensormatic labels are one of the anti-theft mechanisms used by retailers. The design of these tags offers subtle security to goods of different shapes and sizes. The labels can be disengaged easily and quickly at the time of item purchase, thus lowering the chances of false alarms at the store exit. Magnetic and Radio Frequency Identification technologies are used for the implementation of these labels. The tags contain merchandise information on which it is labeled, offering faster check-out for the user. The tags are used widely in retail systems but not restricted to food, cosmetics, and medicinal products.
Increased use of these tags globally for precise anti-theft protection to merchandises is significantly steering the sensormatic labels market growth. Moreover, because of its innovative robust designs, the labels are prone to environmental stress during logistics. This feature is likely to boost the popularity of these labels among the masses. The barcodes are the closest competition for the labels and the key challenge constraining the global revenues of sensormatic labels is the high cost of a sensormatic label printer as compared to the barcode printers. However, the worldwide stance for the sensormatic labels market is expected to remain progressive in the future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of sensormatic labels.
The entire sensormatic labels market has been sub-categorized into labelling type, printing technology, end use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Labelling Type
By Printing Technology
- EAS labels
- RFID labels
- Sensing labels
By End Use Industry
- Food & Beverage
- Healthcare and Pharmaceuticals
- Cosmetics and Personal Care
This section covers regional segmentation which accentuates on current and future demand for sensormatic labels market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Sensormatic Labels Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sensormatic labels market include Johnson Controls, ALL-TAG Corporation, Changzhou Yasen Electronic Co.,Ltd., Custom Security Industries Inc., Zebra Technologies Corp., MoreRfid, AIRSEC, CCL Industries Inc., Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.