PUBLISHER: IMARC | PRODUCT CODE: 1660705
PUBLISHER: IMARC | PRODUCT CODE: 1660705
Smart Labels Market Report by Technology (Radio-Frequency Identification, Electronic Article Surveillance, Electronic Shelf Label, Sensing Labels, Near Field Communication ), Component, End-User, and Region 2025-2033
The global smart labels market size reached USD 12.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 31.1 Billion by 2033, exhibiting a growth rate (CAGR) of 10.86% during 2025-2033. The market is majorly driven by the increasing product demand in security and tracking solutions, rising consumer demand for enhanced tracking and authentication, implementation of stringent regulatory requirements for product tracking, rapid advancements in NFC and RFID technologies, and a shifting preference towards sustainable development.
Rising Need to Access Nutritional Facts and Other Product Related Information Facilitating Market Growth
With the easy availability of information over the internet and the surging prevalence of chronic diseases, there is an increase in the number of people who are consciously paying attention to product labeling for understanding the nutrition facts. As a result, there is a rise in the need for smart labels that comprise information about allergens, third-party certifications, usage instructions, social compliance programs, and safe handling. Smart labels also offer smart traceability of a product and help maintain its authenticity.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with a large number of players operating in the industry. The volume of new entrants is low in the smart labels industry due to high capital investment, product differentiation and economies of scale required to remain profitable in the smart labels industry. In addition, the smart labels market is characterized by high product differentiation and switching costs as several manufacturers have patented their product.
What are Smart Labels?
Smart labels, also known as smart tags, act as innovative transparent labels associated with digital technology and smart devices that enable consumers to access detailed information about their products. They are manufactured from paper, fabrics, or plastics and are available as electronic labels, printed labels, or chip labels. They comprise various technologies, such as radio-frequency identification (RFID), electronic article surveillance (EAS), electronic shelf labels (ESLs), sensing labels, and near field communication (NFC). They offer various advantages, including automated reading, quick identification, re-programmability, high tolerance, and reduced errors. They also provide high levels of productivity, accuracy, readability, and inventory management to manufacturers. They assist in tracking products and recording information for inventory management. As a result, smart labels find applications in the retail, logistics and transportation, healthcare, automotive, manufacturing, and food and beverage (F&B) sectors across the globe.
Smart Labels Market Trends:
At present, the increasing demand for smart labels in security and tracking solutions, as they help in reducing shoplifting and theft, represents one of the key factors supporting the growth of the market. Additionally, the growing awareness among manufacturers about smart labels, is offering a positive market outlook. Besides this, the escalating demand for smart labels, as they enable consumers to access information by their own preferred method, such as visiting a website and scanning product codes using a smartphone, is propelling the growth of the market. In addition, the rising utilization of smart labels due to a built-in utility in smartphones to read QR codes and access the information provided by smart labels is offering lucrative growth opportunities to industry investors. Apart from this, the increasing demand for smart labels, as they provide highly reliable and accurate information about any product, is strengthening the growth of the market. Moreover, the growing employment of smart labels, as they make packaging more appealing and informative in terms of content and shipping details on packaged goods, is positively influencing the market. In line with this, the rising demand for smart labels on account of the increasing demand for a green environment is contributing to the growth of the market. Some of the other growth-inducing factors include the growing number of retail outlets, increasing brand participation, and rising demand for demand for anti-theft devices.
Key Market Segmentation:
Technology Insights:
- Radio-Frequency Identification (RFID)
- Electronic Article Surveillance (EAS)
- Electronic Shelf Label (ESL)
- Sensing Labels
- Near Field Communication (NFC)
Component Insights:
- Batteries
- Transceivers
- Microprocessors
- Memories
- Others
End-User Insights:
- Retail
- Logistics and Transportation
- Healthcare
- Food and Beverage
- Aerospace
- Data Centers and Libraries
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, North America was the largest market for smart labels. Some of the factors driving the North America smart labels market included the growing penetration of smart labels in merchandises and assets tracking applications, increasing labor costs and issues related to price integrity, and rising demand among large manufacturers and wholesalers. Additionally, the increasing utilization of digital technology, along with the growing demand for smart labels in various sectors, such as healthcare, pharmaceuticals, logistics, retail, food and beverage (F&B), is positively influencing the market.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global smart labels market. Some of the companies covered in the report include:
- Avery Dennison Corporation
- CCL Industries Inc.
- Checkpoints Systems, Inc.
- Zebra Technologies Corporation
- Intermec Inc.
- Invengo Technology Pte. Ltd.
- Sato Holdings Corporation
- Thin Film Electronics ASA (Ensurge Micropower ASA)
- Smartrac N.V.
- Muehlbauer Holding AG
- Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1.How big is the global smart labels market?
- 2.What is the expected growth rate of the global smart labels market during 2025-2033?
- 3.What are the key factors driving the global smart labels market?
- 4.What has been the impact of COVID-19 on the global smart labels market?
- 5.What is the breakup of the global smart labels market based on the technology?
- 6.What is the breakup of the global smart labels market based on the component?
- 7.What is the breakup of the global smart labels market based on the end-user?
- 8.What are the key regions in the global smart labels market?
- 9.Who are the key players/companies in the global smart labels market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Smart Labels Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Technology
- 5.5 Market Breakup by Component
- 5.6 Market Breakup by End-User
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
- 5.9 SWOT Analysis
- 5.9.1 Overview
- 5.9.2 Strengths
- 5.9.3 Weaknesses
- 5.9.4 Opportunities
- 5.9.5 Threats
- 5.10 Value Chain Analysis
- 5.11 Porters Five Forces Analysis
- 5.11.1 Overview
- 5.11.2 Bargaining Power of Buyers
- 5.11.3 Bargaining Power of Suppliers
- 5.11.4 Degree of Competition
- 5.11.5 Threat of New Entrants
- 5.11.6 Threat of Substitutes
- 5.12 Price Analysis
- 5.12.1 Key Price Indicators
- 5.12.2 Price Structure
- 5.12.3 Margin Analysis
6 Market Breakup by Technology
- 6.1 Radio-Frequency Identification (RFID)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Electronic Article Surveillance (EAS)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Electronic Shelf Label (ESL)
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Sensing Labels
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Near Field Communication (NFC)
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Component
- 7.1 Batteries
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Transceivers
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Microprocessors
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Memories
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End-User
- 8.1 Retail
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Logistics and Transportation
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Healthcare
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Food and Beverage
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Aerospace
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Data Centers and Libraries
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Asia Pacific
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Smart Labels Manufacturing Process
- 10.1 Product Overview
- 10.2 Raw Material Requirements
- 10.3 Manufacturing Process
- 10.4 Key Success and Risk Factors
11 Competitive Landscape
- 11.1 Market Structure
- 11.2 Key Players
- 11.3 Profiles of Key Players
- 11.3.1 Avery Dennison Corporation
- 11.3.2 CCL Industries Inc.
- 11.3.3 Checkpoints Systems, Inc.
- 11.3.4 Zebra Technologies Corporation
- 11.3.5 Intermec Inc.
- 11.3.6 Invengo Technology Pte. Ltd.
- 11.3.7 Sato Holdings Corporation
- 11.3.8 Thin Film Electronics ASA (Ensurge Micropower ASA)
- 11.3.9 Smartrac N.V.
- 11.3.10 Muehlbauer Holding AG
List of Figures
- Figure 1: Global: Smart Labels Market: Major Drivers and Challenges
- Figure 2: Global: Smart Labels Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Smart Labels Market: Breakup by Technology (in %), 2024
- Figure 4: Global: Smart Labels Market: Breakup by Component (in %), 2024
- Figure 5: Global: Smart Labels Market: Breakup by End-User (in %), 2024
- Figure 6: Global: Smart Labels Market: Breakup by Region (in %), 2024
- Figure 7: Global: Smart Labels Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 8: Smart Labels Market: Price Structure
- Figure 9: Global: Smart Labels Industry: SWOT Analysis
- Figure 10: Global: Smart Labels Industry: Value Chain Analysis
- Figure 11: Global: Smart Labels Industry: Porter's Five Forces Analysis
- Figure 12: Global: Smart Labels (Radio-Frequency Identification) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Smart Labels (Radio-Frequency Identification) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Smart Labels (Electronic Article Surveillance) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Smart Labels (Electronic Article Surveillance) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Smart Labels (Electronic Shelf Label) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Smart Labels (Electronic Shelf Label) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Smart Labels (Sensing Labels) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Smart Labels (Sensing Labels) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Smart Labels (Near Field Communication) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Smart Labels (Near Field Communication) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Smart Labels (Batteries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Smart Labels (Batteries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Smart Labels (Transceivers) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Smart Labels (Transceivers) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Smart Labels (Microprocessors) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Smart Labels (Microprocessors) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Smart Labels (Memories) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Smart Labels (Memories) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Smart Labels (Other Components) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Smart Labels (Other Components) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Global: Smart Labels (Retail) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Global: Smart Labels (Retail) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Global: Smart Labels (Logistics and Transportation) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Global: Smart Labels (Logistics and Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Global: Smart Labels (Healthcare) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Global: Smart Labels (Healthcare) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Global: Smart Labels (Food and Beverage) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: Global: Smart Labels (Food and Beverage) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: Global: Smart Labels (Aerospace) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: Global: Smart Labels (Aerospace) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Global: Smart Labels (Data Centers and Libraries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Global: Smart Labels (Data Centers and Libraries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Global: Smart Labels (Other End-Users) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Global: Smart Labels (Other End-Users) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: North America: Smart Labels Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: North America: Smart Labels Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Europe: Smart Labels Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Europe: Smart Labels Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Asia Pacific: Smart Labels Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Asia Pacific: Smart Labels Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: Middle East and Africa: Smart Labels Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: Middle East and Africa: Smart Labels Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: Latin America: Smart Labels Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: Latin America: Smart Labels Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Smart Labels Manufacturing: Detailed Process Flow
List of Tables
- Table 1: Global: Smart Labels Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Smart Labels Market Forecast: Breakup by Technology (in Million USD), 2025-2033
- Table 3: Global: Smart Labels Market Forecast: Breakup by Component (in Million USD), 2025-2033
- Table 4: Global: Smart Labels Market Forecast: Breakup by End-User (in Million USD), 2025-2033
- Table 5: Global: Smart Labels Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Smart Labels Manufacturing: Raw Material Requirements
- Table 7: Global: Smart Labels Market: Competitive Structure
- Table 8: Global: Smart Labels Market: Key Players
