Global Smart Label Market is expected to reach USD 16.12 billion by 2025, according to a new report by Grand View Research, Inc. Installation of efficient anti-theft and anti-counterfeit system in several end-user industries is projected to propel the demand. Constant research and innovation efforts to design advanced and application specific products are expected to be the key trend in the global smart label market over the next few years.
Rapid urbanization and rise in disposable income of consumers have propelled key end-user industries such as retail, FMCG, and healthcare & pharmaceutical in Asia Pacific in the recent past. Growing economic trends in China, India, Japan, South Korea, and South East Asian countries have created lucrative opportunities in the smart label market.
Usage of smart label helps companies to prevent key issues such as theft, shop lifting, and counterfeit. Thus, emerging presence of key retail and manufacturing industries in developing regions is projected to accelerate the growth of smart label market in the next few years.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/smart-label-market
Further key findings from the report suggest:
View Blog on Smart Label Market by Grand View Research: http://www.grandviewresearch.com/blog/smart-label-market-size-trends
Grand View Research has segmented the global smart label market on the basis of technology, component, application, end-user and region:
Technology Outlook (Volume, Million Units; Revenue, USD Million; 2014-2025)
Component Outlook (Volume, Million Units; Revenue, USD Million; 2014-2025)
Application Outlook (Volume, Million Units; Revenue, USD Million; 2014-2025)
End-user Outlook (Volume, Million Units; Revenue, USD Million; 2014-2025)
Regional Outlook (Volume, Million Units; Revenue, USD Million,2014-2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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