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Smart Tag Packaging Market Share

Report ID: GMI7477
Published Date: Nov 2023
Report Format: PDF

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Smart Tag Packaging Market Share

Smart label solutions in smart tag packaging refer to the integration of advanced technologies, such as RFID or NFC, into labels or tags attached to products and packaging. These smart labels enable real-time tracking, monitoring, and data collection for various applications. They can provide valuable information on a product's origin, condition, and location throughout the supply chain. Smart tag packaging solutions enhance supply chain visibility, inventory management, and customer engagement. Retailers and manufacturers use these solutions to improve efficiency, reduce theft, and enhance the overall customer experience by providing access to additional product information and promotions through smartphones or other devices. The major players operating in the smart tag packaging industry include:

Smartrac Technology Group (Part of Avery Dennison)
Checkpoint Systems (A Division of CCL Industries)
Sato Holdings Corporation
Zebra Technologies Corporation
Alien Technology
Impinj, Inc.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Industry size for smart tag packaging surpassed USD 9 million in 2022 and is projected to expand at over 12% growth rate from 2023-2032 owing to the increasing consumer awareness.

RFID smart tag packaging industry held over 36% of the revenue share in 2022 and is set to reach USD 13 million by the end of 2032 attributed to their widespread application in inventory management, asset tracking, and access control.

Asia Pacific held more than 37% of the smart tag packaging market revenue share in 2022 and is estimated to exhibit a robust CAGR from 2023-2032 owing to the rapid industrialization, technological advancements.

Some of the top smart tag packaging companies are Smartrac Technology Group (Part of Avery Dennison), Checkpoint Systems (A Division of CCL Industries), Sato Holdings Corporation, Zebra Technologies Corporation, Alien Technology, and Impinj, Inc.