Inventory Tags Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Inventory Tags Market place for the forecast 2019– 2025.
The global market for Inventory Tags is expected to grow at a CAGR of roughly 4% over the next five years. Broad application of inventory tags in supply chain or logistics management system to real-time monitor the goods and to prevent fake goods is major application upholding the growth of the market.
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Scope of The Report:
A tag attached to inventory products to offer the needed data about the raw materials, finished products, and others stored components is dubbed as inventory tag. The inventory tags have a major role in inventory management, to plan & maintain the procurement of the raw material, and to streamline production. The supply chain facilities are entirely reliable on the inventory for detection of specification, product type, and quantities. Implementation of inventory tags has resulted in end-users lower their functional time and drop the price of unplanned purchase. Owing to the launch of different enhanced techs in inventory management, it has elevated the overall creation as well as it is advantages for accurate tracking of goods in a huge manufacturing facility.
Key Players in the Inventory Tags Market Report
The major players included in the global inventory tags market forecast are Brady Corporation, Avery Dennison Corporation, Smartrac N.V, Tyco International PLC, 3M Company, Hewlett-Packard Company, Checkpoint Systems, Inc., Zebra Technologies Corporation, Alien Technology Inc, Cenveo Inc.
The inventory tags are produced on the basis of different factors such as technology and printing methods, materials, and application. Further by the material used in manufacturing, the global market is divided as vinyl, plastic, metal, and paper. Types of metals employed are aluminum and stainless steel. Furthermore, by technology, the global market is divided as the QR codes, barcode, and RFID (radio frequency identification device). The printing medium is divided as letter pass printing, digital printing, screen printing, flexographic, and thermal transfer printing. The end-users of the inventory tags are divided as logistics, manufacturing units, SMEs, retail, and military warehouses.
Inventory Tags Market Key Segments:
By Label Type
Others (Cloth Labels and Glass Labels)
By Printing Technology Type
Others (Direct Thermal Printing and Thermal Transfer Printing)
By End-user Industry
Others (Marine and Aerospace)
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Elevated Disposable Revenue In Developing Nations Has Led To High Need For Retail Goods, Powering The Development Of The Inventory Tags Market
Increasing trend of online shopping and rising e-commerce firms has led the owners to set up the warehouse to preserve the SKUs and to churn the info of the inventories on the basis of order flow; this is a factor accountable for powering the requirement for inventory tags. Elevated disposable revenue in developing nations has resulted in high requirement for retail goods, which is indirectly powering the development of the inventory tags market. Broad application of inventory tags in supply chain or logistics management system to real-time monitor the goods and to prevent fake goods is major application upholding the growth of the market. However, unawareness of the newest inventory techs in developing areas is limiting the inventory tags market development.
Moreover, ease of printing has made inventory tags a displaying and branding equipment for retail goods. In addition to this, growth in e-commerce industry and rise in trend of online shopping have compelled the owners of the brand to set up warehouses to uphold the inventory info about order flow. The abovementioned factors have resulted in the elevated usage of inventory tags, which is predicted to power the market development. Moreover, increase in disposable revenues in the developing nations has increased the requirement for retail goods, which is in turn powers market growth.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Europe Is Leading The Global Inventory Tags Market And Is Also Predicted To Sustain Its Position In Coming Years
Regionally, Europe is leading the global inventory tags market and is also predicted to sustain its position in coming years due to progression in technologies and simultaneous execution of the developed goods. Asia Pacific is predicted to develop at a quick pace owing to growing retail industry and increasing industrialization warehouse units in India and China.
Table of Content:
Chapter 1 Global Inventory Tags Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Inventory Tags Market Revenue Overview
1.3 Global Inventory Tags Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025
Chapter 2 Global Inventory Tags Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Inventory Tags Market: SWOT Analysis
2.7 Global Inventory Tags Market: PEST Analysis
2.7 Global Inventory Tags Market: Porter’s Five Forces Analysis
Chapter 3 Competitive Analysis
3.1 Global Inventory Tags Market
3.1.1 Global Inventory Tags market Revenue (USD Billion), By Players 2018
3.1.2 Global Inventory Tags Market Revenue Share (%), By Players 2018
Chapter 5 Global Inventory Tags Market: By Product Type
5.1 Global Inventory Tags Market Share (%), By Product Type, 2018
5.2 Global Inventory Tags Market Revenue (USD Billion), By Product Type, 2015 – 2025
5.3 Global Inventory Tags Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Inventory Tags Market Revenue (USD Billion), 2015-2025
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