Smart Label Market Growing At A CAGR 14.0% From 2018 To 2025Posted by Neha Bora on May 17th, 2023 San Francisco, 17 May 2023: The Report Smart Label Market Size, Share & Trends Analysis Report By Technology (EAS, RFID), By Component (Transceivers, Memories), By Application, And By End-Use, By Region, And Segment Forecasts, 2018 - 2025 The global smart label market size is expected to reach USD 16.12 billion by 2025, expanding at a CAGR of 14.0%, 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 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 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 Research Report of Smart Label Market @ https://www.grandviewresearch.com/industry-analysis/smart-label-market Further key findings from the report suggest:
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