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Smart Labels Market Expected to Reach $13,671 Million, Globally, by 2023

Global Smart Labels Market was valued at $5,428 million in 2017, and is expected to reach $13,671 million by 2023, registering a CAGR of 16.6% from 2017 to 2023.

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Smart Labels Market Expected to Reach $13,671 Million, Globally, by 2023

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  1. Smart Labels Market Opportunities and Forecasts, 2017 – 2023 Pages : 130 Publish Date: July 2017

  2. SMART LABELS MARKET Owing to changing economic conditions, flourishing industries, and changing consumer lifestyles, the smart labels is expected to witness a significant application in packaging industry across all geographies The appropriate functioning (reading or encoding) of smart labels is hampered if they consist of metal or foil based and liquid based. In liquid based, RFID signal is being absorbed by the labels leading to unreadable tag. Thus, poor mechanical susceptibility characteristic lead to inefficient functioning of smart labels, thereby restraining the growth of global smart labels market Vineet Kumar -Research Manager, C&M and ICT

  3. SMART LABELS MARKET OVERVIEW • The Global Smart Labels Market was valued at $5,428 million in 2017, and is expected to reach $13,671 million by 2023, registering a CAGR of 16.6% from 2017 to 2023. The dynamic display label segment is expected to register the highest CAGR of 17.6% during the forecast period, owing to the enhanced display of the detailed attributes of the product. Asia-Pacific is expected to exhibit the highest growth, owing to the growth in potential startups, rise in disposable income, increase in urbanization & industrialization, along with surge in retail and health & pharmaceutical industries. • The global smart labels market has witnessed an increase in adoption in the packaging industry, owing to the ability to provide a detailed information to the customers about products with the use of digital technology and smart devices. • Read more at : https://www.alliedmarketresearch.com/smart-labels-market

  4. SMART LABELS MARKET KEY BENEFITS • The global smart labels market is expected to grow at the CAGR of 16.6% during the forecast period, thereby expanding the opportunities. • The dynamic display labels segment is expected to register the highest CAGR during the forecast period as compared to other product types. • North America is expected to be the highest revenue contributor to the global market in 2017, accounting for $1,690 million, and is estimated to reach $4,214 million by 2023, growing at a CAGR of 16.4%.

  5. SMART LABELS MARKET

  6. KEY PLAYERS IN INDUSTRY • Advantech U.S. • Alien Technology Inc. • Avery Dennison • CCL Industries Inc. • Graphic Label, Inc. • Invengo Information Technology Co., Ltd. • Muehlbauer Holding Ag & Co. • Thinfilm Electronics • SATO Holdings • Zebra Technologies Corporation • Download free Sample Report : • https://www.alliedmarketresearch.com/request-sample/2388

  7. SMART LABELS MARKET SEGMENTS

  8. SMART LABELS MARKET BY GEOGRAPHY • North America, Europe, Asia-Pacific, LAMEA

  9. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/smart-labels-market Follow Us On

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