+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia-Pacific Smart Labels Market Size, Share & Trends Analysis Report By Component, By Application, By Technology, By End Use, By Country and Growth Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 164 Pages
  • September 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6010205
The Asia Pacific Smart Labels Market is expected to witness market growth of 15.9% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Smart Labels Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD4.95 billion by 2031. The Japan market is registering a CAGR of 15.2% during 2024-2031. Additionally, the India market would showcase a CAGR of 16.6% during 2024-2031.



Smart labels can enhance recycling efforts by providing information on properly disposing of recycling products. They can also track products' lifecycles, aiding in waste reduction and sustainability initiatives. In the events industry, these labels can be attached to tickets for easy tracking and entry management. They allow for seamless access control and can provide real-time data on attendance and crowd management.

The trend towards personalized marketing and product offerings is driving the adoption of these labels. Brands can use these labels to deliver tailored content and experiences to consumers based on their preferences and behaviours. The involvement of technology providers and partnerships between companies and label manufacturers are fostering the adoption of these labels. Collaborative efforts to develop innovative solutions and provide training are making it easier for businesses to implement smart labelling technologies.

The growth of smart manufacturing in China drives demand for automation solutions, including these labels. These labels enhance automated processes by providing real-time inventory and equipment status data, improving production efficiency. China has built over 10,000 digital workshops and smart factories, becoming the world’s largest intelligent manufacturing application market. In 2022 alone, the total value of supporting industries such as intelligent manufacturing equipment, industrial software, and system solutions in China exceeded 4 trillion yuan (about 559 billion U.S. dollars), and the 5G technologies were applied in nearly 2,000 factories nationwide.

Smart factories in China require advanced tracking solutions for materials and products throughout manufacturing. Smart labels facilitate this by offering real-time visibility, helping manufacturers manage their operations more effectively. Likewise, the growth of the healthcare sector in India has heightened the need for efficient inventory management systems. Smart labels can help hospitals and pharmacies track medical supplies and pharmaceuticals accurately, reducing waste and ensuring timely availability.

As per the National Investment Promotion and Facilitation Agency of India, the hospital industry in India, which accounts for 80% of the entire healthcare industry, is experiencing high investment demand from international and domestic investors. The healthcare industry was expected to rise to USD132 billion by 2023. In conclusion, the expansion of smart manufacturing and the rising healthcare sector in the region are driving the market's growth.

List of Key Companies Profiled

  • Avery Dennison Corporation
  • Zebra Technologies Corporation
  • Invengo Technology Pte. Ltd.
  • Advantech Co., Ltd.
  • Alien Technology, LLC
  • CCL Industries, Inc.
  • STMicroelectronics N.V.
  • Fujitsu Limited
  • NXP Semiconductors N.V.
  • Impinj, Inc.

Market Report Segmentation

By Component

  • Batteries
  • Transceivers
  • Memories
  • Microprocessors
  • Other Component

By Application

  • Retail Inventory
  • Perishable Goods
  • Electronic & IT Assets
  • Equipment
  • Pallets Tracking
  • Other Application

By Technology

  • RFID Labels
  • EAS Labels
  • Electronic Shelf/Dynamic Display Labels
  • Near Field Communication (NFC) Tags
  • Sensing labels

By End Use

  • Retail
  • Fast Moving Consumer Goods (FMCG)
  • Logistic
  • Healthcare & pharmaceutical
  • Automotive
  • Manufacturing
  • Other End Use

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Labels Market, by Component
1.4.2 Asia Pacific Smart Labels Market, by Application
1.4.3 Asia Pacific Smart Labels Market, by Technology
1.4.4 Asia Pacific Smart Labels Market, by End Use
1.4.5 Asia Pacific Smart Labels Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Smart Labels Market by Component
5.1 Asia Pacific Batteries Market by Country
5.2 Asia Pacific Transceivers Market by Country
5.3 Asia Pacific Memories Market by Country
5.4 Asia Pacific Microprocessors Market by Country
5.5 Asia Pacific Other Component Market by Country
Chapter 6. Asia Pacific Smart Labels Market by Application
6.1 Asia Pacific Retail Inventory Market by Country
6.2 Asia Pacific Perishable Goods Market by Country
6.3 Asia Pacific Electronic & IT Assets Market by Country
6.4 Asia Pacific Equipment Market by Country
6.5 Asia Pacific Pallets Tracking Market by Country
6.6 Asia Pacific Other Application Market by Country
Chapter 7. Asia Pacific Smart Labels Market by Technology
7.1 Asia Pacific RFID Labels Market by Country
7.2 Asia Pacific EAS Labels Market by Country
7.3 Asia Pacific Electronic Shelf/Dynamic Display Labels Market by Country
7.4 Asia Pacific Near Field Communication (NFC) Tags Market by Country
7.5 Asia Pacific Sensing labels Market by Country
Chapter 8. Asia Pacific Smart Labels Market by End Use
8.1 Asia Pacific Retail Market by Country
8.2 Asia Pacific Fast Moving Consumer Goods (FMCG) Market by Country
8.3 Asia Pacific Logistic Market by Country
8.4 Asia Pacific Healthcare & pharmaceutical Market by Country
8.5 Asia Pacific Automotive Market by Country
8.6 Asia Pacific Manufacturing Market by Country
8.7 Asia Pacific Other End Use Market by Country
Chapter 9. Asia Pacific Smart Labels Market by Country
9.1 China Smart Labels Market
9.1.1 China Smart Labels Market by Component
9.1.2 China Smart Labels Market by Application
9.1.3 China Smart Labels Market by Technology
9.1.4 China Smart Labels Market by End Use
9.2 Japan Smart Labels Market
9.2.1 Japan Smart Labels Market by Component
9.2.2 Japan Smart Labels Market by Application
9.2.3 Japan Smart Labels Market by Technology
9.2.4 Japan Smart Labels Market by End Use
9.3 India Smart Labels Market
9.3.1 India Smart Labels Market by Component
9.3.2 India Smart Labels Market by Application
9.3.3 India Smart Labels Market by Technology
9.3.4 India Smart Labels Market by End Use
9.4 South Korea Smart Labels Market
9.4.1 South Korea Smart Labels Market by Component
9.4.2 South Korea Smart Labels Market by Application
9.4.3 South Korea Smart Labels Market by Technology
9.4.4 South Korea Smart Labels Market by End Use
9.5 Singapore Smart Labels Market
9.5.1 Singapore Smart Labels Market by Component
9.5.2 Singapore Smart Labels Market by Application
9.5.3 Singapore Smart Labels Market by Technology
9.5.4 Singapore Smart Labels Market by End Use
9.6 Malaysia Smart Labels Market
9.6.1 Malaysia Smart Labels Market by Component
9.6.2 Malaysia Smart Labels Market by Application
9.6.3 Malaysia Smart Labels Market by Technology
9.6.4 Malaysia Smart Labels Market by End Use
9.7 Rest of Asia Pacific Smart Labels Market
9.7.1 Rest of Asia Pacific Smart Labels Market by Component
9.7.2 Rest of Asia Pacific Smart Labels Market by Application
9.7.3 Rest of Asia Pacific Smart Labels Market by Technology
9.7.4 Rest of Asia Pacific Smart Labels Market by End Use
Chapter 10. Company Profiles
10.1 Avery Dennison Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments
10.1.5.1 Partnerships, Collaborations, and Agreements
10.1.5.2 Product Launches and Product Expansions
10.1.5.3 Acquisition and Mergers
10.1.6 SWOT Analysis
10.2 Zebra Technologies Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments
10.2.5.1 Acquisition and Mergers
10.2.6 SWOT Analysis
10.3 Invengo Technology Pte. Ltd.
10.3.1 Company Overview
10.4 Advantech Co., Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Alien Technology, LLC
10.5.1 Company Overview
10.6 CCL Industries, Inc.
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Recent strategies and developments
10.6.4.1 Acquisition and Mergers
10.6.5 SWOT Analysis
10.7 STMicroelectronics N.V.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments
10.7.5.1 Product Launches and Product Expansions
10.7.6 SWOT Analysis
10.8 Fujitsu Limited
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 NXP Semiconductors N.V.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Impinj, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments
10.10.5.1 Product Launches and Product Expansions
10.10.5.2 Acquisition and Mergers
10.10.6 SWOT Analysis

Companies Mentioned

Some of the key companies in the Asia-Pacific Smart Labels Market include:
  • Avery Dennison Corporation
  • Zebra Technologies Corporation
  • Invengo Technology Pte. Ltd.
  • Advantech Co., Ltd.
  • Alien Technology, LLC
  • CCL Industries, Inc.
  • STMicroelectronics N.V.
  • Fujitsu Limited
  • NXP Semiconductors N.V.
  • Impinj, Inc.

Methodology

Loading
LOADING...