Inventory Tags Market 2021 by Global Manufacturers, Service Provider, Comprehensive Analysis, Future Prospects, Regional Trends and Potential of the Industry from 2021-2027
Market Highlights
Tags attached to inventory items to provide the required
information about the finished products, raw materials, and other stored
elements are called inventory tags. Rising trend of online shopping and growing
e-commerce companies, are boosting the demand of inventory tags. Additionally,
continuously growing demand from end-use industries, is also the key driving
factor of this market. Inventory tags offer several benefits such as cost
efficient and precise tracking of inventory goods, control over inventory flow,
which also boosting the demand of these tags. However, lack of awareness of
inventory tags technologies may hamper the growth of global inventory tags
market.
The Global
Inventory Tags Market is expected to grow at CAGR of 4% during the
forecast period.
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Market Research Analysis
On the basis of material, global inventory tags market is
segmented into metal, plastic, and paper. Out of them, metal tags account for
the largest share of material segment in global inventory tags market. Metal
tags are more durable inventory tags and can withstand extreme conditions.
These tags have a wide range of applications in industrial and commercial
sector. The most common metals used to manufacture metal tags are aluminum,
stainless steel and brass.
Europe is the largest market for the inventory tags mainly
due to advancements in technologies and strong government support. The
inventory tags market in Asia-Pacific region is expected to grow at the fastest
pace during the forecast period.
Key Players
We recognize the key players in the global inventory tags
market as Avery Dennison Corporation (U.S), Tyco International Plc. (Ireland),
3M Company (U.S), Brady Corporation (U.S), Zebra Technologies Corporation
(U.S), Alien Technology Inc. (U.S), Hewlett-Packard Company (U.S), Checkpoint
Systems Inc (U.S), Smartrac N.V. (The Netherlands), and Cenveo Inc. (U.S)
Scope of the Report
This study provides an overview of the global inventory tags
market, tracking three market segments across four geographic regions. The
report studies key players, providing a five-year annual trend analysis that
highlights market size, volume and share for North America, Europe, Asia
Pacific, and Rest of the World. The report also provides a forecast, focusing
on the market opportunities for the next five years for each region. The scope
of the study segments the Global Inventory tags market as technology,
materials, and end-user.
Segmentation:
By Technology
- Barcodes
- RFID
- QR
Codes
By Materials
- Metal
- Plastic
- Paper
By End-User
- Industrial
- Retail
- Logistics
- Others
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