Barcode Plastic Card Market Report: Trends, Forecast and Competitive Analysis to 2030

Barcode Plastic Card Trends and Forecast

The future of the global barcode plastic card market looks promising with opportunities in the PVC, PET, ABS markets. The global barcode plastic card market is expected to reach an estimated $2.25 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are increasing demand for plastic cards in various industries, such as retail, banking, and healthcare and growing adoption of barcode technology for tracking and tracing products and assets.

A more than 150-page report is developed to help in your business decisions.

Barcode Plastic Card by Segment

The study includes a forecast for the global barcode plastic card by type, material, application, and region.

Barcode Plastic Card Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Magnetic Stripe Card
• Smart Card
• Memory Card

Barcode Plastic Card Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• PVC
• PET
• ABS

Barcode Plastic Card Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Transportation
• Banking & Financial Services
• Government

Barcode Plastic Card Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Barcode Plastic Card Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies barcode plastic card companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the barcode plastic card companies profiled in this report include-

• Brady
• Cardsystems International
• Datacard
• Entrust Datacard
• HID Global

Barcode Plastic Card Market Insights

Lucintel forecasts that smart card is expected to witness highest growth over the forecast period due to more secure and versatile and used as payment cards, access control cards, and others.

Within this market, PVC will remain the largest segment due to its versatility and durability material that is well-suited for a variety of applications, including barcode plastic cards.

APAC is expected to witness highest growth over the forecast period due to the increasing demand for plastic cards in various industries, such as retail, banking, and healthcare.

Features of the Global Barcode Plastic Card Market

Market Size Estimates: Barcode plastic card market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Barcode plastic card market size by type, material, application, and region in terms of value ($B).

Regional Analysis: Barcode plastic card market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, material, application, and regions for the barcode plastic card market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the barcode plastic card market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the barcode plastic card market size?

Answer: The global barcode plastic card market is expected to reach an estimated $2.25 billion by 2030.

Q.2 What is the growth forecast for barcode plastic card market?

Answer: The global barcode plastic card market is expected to grow with a CAGR of 7.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the barcode plastic card market?

Answer: The major drivers for this market are increasing demand for plastic cards in various industries, such as retail, banking, and healthcare and growing adoption of barcode technology for tracking and tracing products and assets.

Q4. What are the major segments for barcode plastic card market?

Answer: The future of the barcode plastic card market looks promising with opportunities in the PVC, PET, ABS markets.

Q5. Who are the key barcode plastic card market companies?

Answer: Some of the key barcode plastic card companies are as follows:

• Brady
• Cardsystems International
• Datacard
• Entrust Datacard
• HID Global

Q6. Which barcode plastic card market segment will be the largest in future?

Answer: Lucintel forecasts that smart card is expected to witness highest growth over the forecast period due to more secure and versatile and used as payment cards, access control cards, and others.

Q7. In barcode plastic card market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the increasing demand for plastic cards in various industries, such as retail, banking, and healthcare.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the barcode plastic card market by type (magnetic stripe card, smart card, and memory card), material (PVC, PET, and ABS), application (retail, transportation, banking & financial services, and government), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?