How big is the Smart Label Market?

The Smart Label Market size is expected to reach USD 15.67 billion in 2024 and grow at a CAGR of 16.34% to reach USD 33.40 billion by 2029. Read More

What is the current Smart Label Market size?

In 2024, the Smart Label Market size is expected to reach USD 15.67 billion. Read More

Which is the fastest growing region in Smart Label Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Label Market?

In 2024, the North America accounts for the largest market share in Smart Label Market. Read More

What years does this Smart Label Market cover, and what was the market size in 2023?

In 2023, the Smart Label Market size was estimated at USD 13.11 billion. The report covers the Smart Label Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Label Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Label Market Report | Industry Analysis, Size & Forecast

Smart Label Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers the Global Smart Label Market. The Market is Segmented by Technology (Electronic Article Surveillance [EAS], RFID, Sensing Labels, NFC, and Electronic Shelf Labels [ESL]), End-User Industry (Retail, Healthcare, Pharmaceutical, Logistics, and Manufacturing), and Geography (North America [United States and Canada], Europe [United Kingdom, Germany, France, and Rest of Europe], Asia-Pacific [China, India, Japan, South Korea, and Rest of Asia-Pacific], Latin America, and the Middle East, and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Segments.

Smart Label Industry Overview

The global smart label market is fragmented, with the presence of major players like Avery Dennison Corporation, CCL Industries Inc., William Frick & Company, Honeywell International Inc., and Invengo Information Technology Co. Ltd. Players in the market are adopting strategies such as partnerships, agreements, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage. For instance,

In May 2024, Roambee debuted the logistics industry's pioneering 'peel-and-ship' smart label, powered by true 5G GPS technology. This 4-inch x 6-inch label redefines user interaction with its 'barcode-like' interface, harnessing 5G, GPS, and NIST-calibrated sensors for temperature, humidity, shock, and light. Tailored for one-time use, its disposable design grants enterprises unparalleled real-time oversight of secondary distribution channels, customer-direct shipments, and comprehensive product flow data, areas where conventional reusable trackers often lag.
In June 2024, Ynvisible Interactive Inc., a provider of printed low-power e-paper display products, unveiled a strategic partnership with Hive-Zox, a Switzerland-based firm specializing in digital solutions for supply chain visibility. The collaboration aims to embed Ynvisible's e-paper displays into a compact, intelligent label tailored for monitoring pharmaceutical and healthcare shipments. Hive-Zox is poised to ramp up production, targeting an annual output exceeding 1 million units. Concurrently, Hive-Zox introduced its latest offering, the ConnectedLabel, a cost-effective, automated monitoring solution tailored for the pharmaceutical and healthcare sectors.