Inventory Tags Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-420 | Report Format : | Status : Upcoming |

Abstract

Global Inventory Tags Market: Overview

A tag attached to inventory items to provide the required information about the finished products, raw materials, and others stored elements is called as inventory tag. The inventory tags play a vital role in inventory management, to streamline production, and to maintain and plan the procurement of the raw material. The supply chain facilities are totally dependent on the inventory for identification of product type, specification, and quantities. Implementation of inventory tags has led the end-users reduce their operational time and decrease the cost of unplanned buying. Due to the introduction of various advanced technologies in inventory management, it has increased the overall production as well as it is beneficial for precise tracking of goods in an enormous manufacturing facility.

Global Inventory Tags Market: Segmentation

The inventory tags are produced based on various factors such as materials, technology and printing methods, and application. Further based on the material used in manufacturing, the global market is classified as plastic, vinyl, paper, and metal. In which, the metal-type tags are more durable. Types of metals used are stainless steel and aluminum. Moreover, based on technology, the global market is segmented as the barcode, QR codes, and radio frequency identification device (RFID). The printing medium is classified as digital printing, letter pass printing, flexographic, screen printing, and thermal transfer printing. The end-users of the inventory tags are classified as manufacturing units, logistics, retail, SMEs, and military warehouses.

Global Inventory Tags Market: Growth Factors

Rising trend of online shopping and growing e-commerce companies has led the owners to set up the warehouse to maintain the SKUs and to process the data of the inventories based on the order flow; this is a factor responsible for boosting the demand for inventory tags. Increased disposable income in developing countries has led the high demand for retail products, which is indirectly fostering the growth of the inventory tags market. Wide application of inventory tags in logistics or supply chain management system to real-time monitor the item and to avoid fake products is major application upholding the market growth. On the other hand, unawareness of the latest inventory technologies in developing regions is restraining the inventory tags market growth.

Global Inventory Tags Market: Regional Analysis

Geographically, Europe is dominating the global inventory tags market and is also anticipated to retain its position in coming future owing to advancement in technologies and simultaneous implementation of the developed products. Asia-Pacific is expected to grow at a fast pace due to rising industrialization warehouse units and growing retail industry in India and China. Further, North America is making a significant growth due to high use of barcodes in the food industry.

Global Inventory Tags Market: Competitive Players

Some of the major players contributing to the development of the inventory tags market with their services and innovations are Avery Dennison Corporation, Brady Corporation, Tyco International PLC, Smartrac N.V, Hewlett-Packard Company, 3M Company, Zebra Technologies Corporation, Checkpoint Systems, Inc., Cenveo Inc., and Alien Technology Inc. With certain mergers and expansions in the market, one of the leading players Avery Dennison Corporation has made an announcement of acquiring Mactac from platinum equity at price of €200 million, which is in the final procedure of the acquisition.

Global Inventory Tags Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market

Related Reports

Sustainable Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1356 | Report Format:

Sustainable Packaging Market: Overview By using sustainable packaging the shelf life of the product increases and it is eco-friendly too. It doesnt have harmful effects on the environment as compared to other non-biodegradable plastics that are used in packaging. The benefits of the sustainable ...Read More

Retort Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1289 | Report Format:

Global Retort Packaging Market: Overview Retort packaging falls under the food packaging category in which the food products are packed into pouches or metal cans, sealed and are then heated to a tremendous temperature which makes the food product sterile commercially. The food industry has basi...Read More

Hermetic Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1186 | Report Format:

Global Hermetic Packaging Market: Overview Hermetic packaging is a process of wrapping the products in such a way that there is no space for air, oxygen, chemicals, and others to enter the product. The hermetic packaging is used for a number of applications in the areas such as food and beverage...Read More

Smart Labels Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1083 | Report Format:

Global Smart Labels Market: Overview A smart label is also known as Smart Tag. It is an exceptionally plane configured transponder beneath a usual print-coded label, which has the antenna, chip, and bonding wires. This setup is also known as an inlay. Global Smart Labels Market: Growth Factors...Read More

Antimicrobial Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1069 | Report Format:

Global Antimicrobial Packaging Market: Overview The antimicrobial packaging of the food products discharges certain antimicrobial active agents into the food products which help inhibit microorganism growth and increase the lifespan of the product. The active agents released help maintain the qu...Read More

Choose License Type: