MRO Magazine

Smart Labels Market Worth $10.03 Billion by 2021 – Growind Demand in Automotive, Retail & Healthcare – Research and Markets

May 11, 2016
By Business Wire News


Research and Markets has announced the addition of the “Smart Labels Market by Technology, Components, Application and End-use Industry – Forecast to 2021” report to their offering.

The global market for smart labels will grow from USD 4.45 billion in 2016 to reach USD 10.03 billion by 2021, at an estimated CAGR of 17.65%.

The market for smart labels is driven by growing demand in a variety of industries such as automotive, retail, FMCG, healthcare, and manufacturing, in both developed and developing countries. To track the activities of patients, hospital staff, inventory management, and patients’ database, smart labels are highly preferred in the healthcare industry.

The sensing labels segment is projected to be the fastest-growing technology in the smart labels market in the next five years. Sensing labels are gaining preferences in industries such as food & beverages and healthcare as these labels help to sense changes in temperature, oxygen, carbon dioxide, and others.

The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe, from 2016 to 2021. Japan accounted for the largest consumption of smart labels, followed by China in 2015. In North America, the U.S. is the largest consumer of smart labels.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Smart Labels Market, By Technology

8 Smart Labels Market, By Application

9 Smart Labels Market, By End-Use Industry

10 Smart Labels Market, By Component

11 Smart Labels Market, By Region

12 Competitive Landscape

13 Company Profiles

Companies Mentioned:

  • ASK S.A.
  • Alien Technology, Inc.
  • Avery Dennison Corporation
  • CCL Industries, Inc.
  • Checkpoint Systems, Inc.
  • Displaydata Ltd.
  • Graphic Label, Inc.
  • Intermec Inc. (Honeywell International Inc.)
  • Invengo Information Technology Co. Ltd.
  • Muhlbauer Holding AG & Co. Ltd.
  • Sato Holdings Corporation
  • Smartrac N.V.
  • Thin Film Electronics ASA
  • William Frick & Company
  • Zebra Technologies Corporation

For more information visit

Research and Markets
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Sector: Packaging