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

Returnable Transport Packaging (RTP) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2287 | Report Format:

Returnable Transport Packaging (RTP) Market: Overview Returnable transport packaging comprises the packaging system that uses the reusable containers, drums, dunnage, sacks, pallets, and racks. These are used to safely transport the products throughout the supply chain system. The packaging prod...Read More

Gift Boxes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2284 | Report Format:

Gift Boxes Market: Overview The gift boxes come under the category of the flexible packaging solutions and it is used widely in the food and beverage sector for the packing the products such as chocolate, sweets, ice-cream, and wine. In order to make the packaging attractive, gift boxes are used...Read More

Twin Neck Dosing Bottles Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2276 | Report Format:

Twin Neck Dosing Bottles Market: Overview The alternative names for the twin neck dosing bottles are double neck bottles or Bettix twin neck bottles. It is a very convenient packaging solution and is used widely in different sectors such as chemical, pharmaceuticals, automotive, and others. The ...Read More

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

Price : $ 3599.00 | Report Code: ZMR-2273 | Report Format:

Medication Adherence Packaging Market: Growth Factors The key factor that is driving the medication adherence packaging market is the initiatives that are taken by the government agencies for developing the packaging types which will, in turn, improve the intake of the medicines by the patients....Read More

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

Price : $ 3599.00 | Report Code: ZMR-2271 | Report Format:

Expendable Packaging Market: Growth Factors Major factors that are contributing to the growth of the expendable packaging market are it provides longer shelf life to the products, innovations that are being made in the products, and the increasing disposable income of the people. The expendable ...Read More

Choose License Type:
Latest Published Reports

View All Published Reports