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

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Smart Labels Market
Opportunities and Forecasts, 2017 2023
Pages 130 Publish Date July 2017
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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, CM and ICT
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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.co
  m/smart-labels-market

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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.

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SMART LABELS MARKET
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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-sampl
  e/2388

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SMART LABELS MARKET SEGMENTS
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SMART LABELS MARKET BY GEOGRAPHY

• North America, Europe, Asia-Pacific, LAMEA

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