Retail Security Tag Market Report: Trends, Forecast and Competitive Analysis to 2030

Retail Security Tag Trends and Forecast

The future of the global retail security tag market looks promising with opportunities in the apparel & fashion accessory and cosmetic & pharmaceutical applications. The global retail security tag market is expected to reach an estimated $1 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing rate of shoplifting, growing adoption of RFID technology, and rising demand for electronic article surveillance systems.

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

Retail Security Tag by Segment

The study includes a forecast for the global retail security tag by material, technology, application, and region.

Retail Security Tag Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Paper
• Plastic
• Metal

Retail Security Tag Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• RF
• RFID

Retail Security Tag Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Apparel & Fashion Accessories
• Cosmetic & Pharmaceuticals
• Others

Retail Security Tag Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Retail Security Tag 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 retail security tag companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the retail security tag companies profiled in this report include-

• Avery Dennison
• 3M
• Alien Technology
• Brady
• Sensormatic Electronics
• Checkpoint Systems
• HP

Retail Security Tag Market Insights

Lucintel forecasts that plastic will remain the largest segment over the forecast period due to its features like more durability and weather-resistant than paper tags.

Within this market, apparel & fashion accessory will remain the largest segment due to substantial usage of security tags in high-value items to avoid robbery.

APAC will remain the largest region over the forecast period due to continual growth of population and rapid economic development in the region.

Features of the Global Retail Security Tag Market

Market Size Estimates: Retail security tag 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: Retail security tag market size by material, technology, application, and region in terms of value ($B).

Regional Analysis: Retail security tag market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different materials, technologies, applications, and regions for the retail security tag market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the retail security tag market.

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

FAQ

Q1. What is the retail security tag market size?

Answer: The global retail security tag market is expected to reach an estimated $1 billion by 2030.

Q2. What is the growth forecast for retail security tag market?

Answer: The global retail security tag market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the retail security tag market?

Answer: The major drivers for this market are increasing rate of shoplifting, growing adoption of RFID technology, and rising demand for electronic article surveillance systems.

Q4. What are the major segments for retail security tag market?

Answer: The future of the retail security tag market looks promising with opportunities in the apparel & fashion accessory and cosmetic & pharmaceutical applications.

Q5. Who are the key retail security tag market companies?

Answer: Some of the key retail security tag companies are as follows:

• Avery Dennison
• 3M
• Alien Technology
• Brady
• Sensormatic Electronics
• Checkpoint Systems
• HP

Q6. Which retail security tag market segment will be the largest in future?

Answer: Lucintel forecasts that plastic will remain the largest segment over the forecast period due to its features like more durability and weather-resistant than paper tags.

Q7. In retail security tag market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to continual growth of population and rapid economic development in the region.

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 retail security tag market by material (paper, plastic, and metal), technology (RF and RFID), application (apparel & fashion accessories, cosmetic & pharmaceuticals, and others), 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?