Rise in disposable income of consumers and rapid urbanization have propelled key end-user industries such as retail, FMCG, and healthcare & pharmaceutical across the globe. Use of smart label helps vendors to prevent issues such as theft, shop lifting and counterfeit. Thus, emerging trends in retail and manufacturing industries is projected to accelerate the growth of smart label market in the next few years. To explore this rapid rising ... Read more
The growing retail sector and increased security concerns related to anti-theft are the key drivers of smart labels market. With the rapid growth of retail and manufacturing sector, the demand for smart labels has gone up in merchandise and asset tracking. This is backed by the unique features of smart labels such as re-programmability, simultaneous identification, real time tracking ... Read more
Item identification slip having more cutting-edge technologies than a conventional barcode data is known as a smart label. QR codes, RFID tags, and EAS tags are the most common enhancements in smart labels. Furthermore, smart labels offer real time tracking and are made from paper, fabrics, or plastic, and can be used as chip labels. High tolerance and automatic interpretation enhances efficiency and eliminates errors.
