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India Track And Trace Solutions Market Outlook: Market Forecast By Products (Hardware, Software), By Technology, By Applications, By End Users, By Regions (Northern, Southern, Eastern, Western And Competitive Landscape

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    Report

  • 95 Pages
  • February 2022
  • Region: India
  • 6W Research
  • ID: 5607142
India Track And Trace Solutions Market report thoroughly covers the market by products, technology, applications, end users, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities / high growth areas, market drivers, and market revenue share by companies, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.


India Track and Trace Solutions Market Synopsis


India track and trace solutions market grew considerably in 2017-2020 owing to stringent regulations & standards like adhering to GS1 standards mandated by the government of India for the implementation of serialization. Further, in 2019, counterfeiting incidents increased by 24% as compared to 2018. Besides, from Feb-April 2020, after the outbreak of CORONAVIRUS, over 150 incidents of counterfeiting cases were reported, majorly about fake PPE kits, sanitizers, and masks. Also, according to media reports, pharma, FMCG, automotive, tobacco, alcohol, apparel, agriculture, lifestyle, infrastructure, and document are the 10 sectors impacted most by counterfeiting.

A spike in counterfeiting drugs and related products, and growing awareness of brand protection coupled with stringent government regulations for implementing serialization and aggregation solutions augmented the demand for track and trace solutions in the country in the previous period. Additionally, increased sales of medical devices such as clinical thermometers and sanitizers on the back of multiplied demand during the COVID period have positively impacted the market for track and trace solutions in the country in 2020.

According to the publisher, India Track And Trace Solutions Market size is projected to grow at CAGR of 10.5% during 2021-2027. The rising concerns of the manufacturers for packaging-related product recalls, growing focus of manufacturers on brand protection, high growth in the generic and OTC markets, and growth in the medical device industry are expected to drive the track & trace solutions market in the coming years. Additionally, government regulations like the replacement of DAVA portal with iVEDA portal for enhancing the serialization uploading procedures and mandating all medical devices sold in India to include a unique device identification (UDI) from Jan 2022, would provide opportunities for deployment of track and trace solutions in the country in the years to come.


Market by Applications Analysis


In terms of Applications, Serialization solution have captured approximate two-third of the market revenues in 2020 and is expected to retain its dominance over the forthcoming years due to the increasing focus of regulatory bodies on the implementation of the serialization solution to decrease product diversion and drug counterfeiting However, aggregation solution segment is predicted to grow fastest in the forecast period as aggregation solutions allow for faster and easier tracking. This is because each package does not need to be scanned at each stop if the aggregated code is scanned.


Market by Regions Analysis 


In India track and trace solutions market, southern region and northern region cumulatively have captured 68% of the market revenues in 2020, with southern region leading the market. Southern region captured key share of the market pie, owing to the prevalence of manufacturing base is in the southern region.


Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.
  • Key Highlights of the Report
  • India Track and Trace Solutions Market Overview
  • India Track and Trace Solutions Market Outlook
  • India Track and Trace Solutions Market Forecast
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues for the Period 2017-2027F
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues, By Products, for the Period 2017-2027F
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues, By Technology, for the Period 2017-2027F
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues, By Applications, for the Period 2017-2027F
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues, By End Users, for the Period 2017-2027F
  • Historical Data and Forecast of India Track and Trace Solutions Market Revenues, By Regions, for the Period 2017-2027F
  • Market Drivers and Restraints
  • India Track and Trace Solutions Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • India Track and Trace Solutions Market Share, By Companies
  • COVID-19 Impact Analysis
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations


Market Scope and Segmentation


The report provides a detailed analysis of the following market segments:


By Products


Hardware

  • Printing & Marking Solutions
  • Monitoring & Verification Solutions
  • Labelling Solutions
  • Other Solutions (checkweighers etc.)

Software

  • Plant Manager Software
  • Line Controller Software
  • Bundle Tracking Software
  • Others (Enterprise and network manager, Warehouse & shipment manager)

By Technology

  • Barcode
  • RFID

By Applications

  • Serialization Solution
  • Bottle Serialization
  • Label Serialization
  • Carton Serialization
  • Data Matrix Serialization
  • Aggregation Solution
  • Bundle Aggregation
  • Case Aggregation
  • Pallet Aggregation

By End Users

  • Pharmaceutical & Biopharmaceutical
  • Medical Devices
  • Food & Beverages
  • Automobiles
  • Cosmetics
  • Agro-Chemicals
  • Others (Tobacco, Electronic Devices, Stationary, Toys, Luxury Items, etc.)

By Regions

  • Northern (This includes Jammu & Kashmir, Haryana, Himachal Pradesh, Punjab, Uttar Pradesh, Uttarakhand, Delhi, Rajasthan, Ladakh)
  • Southern (This includes Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil-Nadu, Puducherry)
  • Eastern (This includes Jharkhand, Bihar, Odisha, West Bengal, Arunachal-Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura)
  • Western (This includes Gujarat, Madhya Pradesh, Maharashtra, Chhattisgarh, Goa)

Table of Contents

1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. India Track and Trace Solutions Market Overview
3.1. India Track and Trace Solutions Market Revenues, 2017-2027F
3.2. India Track and Trace Solutions Market Industry Life Cycle
3.3. India Track and Trace Solutions Market Porter's Five Forces
3.4. India Track and Trace Solutions Market Revenue Share, By Products, 2020 & 2027F
3.5. India Track and Trace Solutions Market Revenue Share, By Technology, 2020 & 2027F
3.6. India Track and Trace Solutions Market Revenue Share, By Applications, 2020 & 2027F
3.7. India Track and Trace Solutions Market Revenue Share, By End Users, 2020 & 2027F
3.8. India Track and Trace Solutions Market Revenue Share, By Regions, 2020 & 2027F
4. Impact Analysis of Covid-19 on India Track and Trace Solutions Market
5. India Track and Trace Solutions Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. India Track and Trace Solutions Market Trends
7. India Track and Trace Solutions Market Overview, By Products
7.1. India Track and Trace Solutions Market Revenues, By Products
7.1.1. India Track and Trace Solutions Market Revenues, By Hardware, 2017-2027F
7.1.2. India Track and Trace Solutions Market Revenues, By Software, 2017-2027F
7.2. India Track and Trace Solutions Market Overview, By Hardware Types
7.2.1. India Track and Trace Solutions Market Revenue Share, Hardware Types, 2020 & 2027F
7.2.2. India Track and Trace Solutions Market Revenues, By Hardware Types
7.2.2.1 India Hardware Track and Trace Solutions Market Revenues, By Monitoring & Verification Solutions, 2017-2027F
7.2.2.2. India Hardware Track and Trace Solutions Market Revenues, By Printing & Marking Solutions, 2017-2027F
7.2.2.3. India Hardware Track and Trace Solutions Market Revenues, By Labelling Solutions, 2017-2027F
7.2.2.4. India Hardware Track and Trace Solutions Market Revenues, By Other Solutions, 2017-2027F
7.3. India Track and Trace Solutions Market Overview, By Software Types
7.3.1. India Track and Trace Solutions Market Revenue Share, By Software Types, 2020 & 2027F
7.3.2. India Track and Trace Solutions Market Revenues, By Software Types
7.3.2.1 India Software Track and Trace Solutions Market Revenues, By Plant Manager Software, 2017-2027F
7.3.2.2 India Software Track and Trace Solutions Market Revenues, By Line Controller Software, 2017-2027F
7.3.2.3 India Software Track and Trace Solutions Market Revenues, By Bundle Tracking Software, 2017-2027F
7.3.2.4 India Software Track and Trace Solutions Market Revenues, By Others, 2017-2027F
8. India Track and Trace Solutions Market Overview, By Technology
8.1. India Track and Trace Solutions Market Revenues, By Technology
8.1.1. India Track and Trace Solutions Market Revenues, By Barcode, 2017-2027F
8.1.2. India Track and Trace Solutions Market Revenues, By RFID, 2017-2027F
9. India Track and Trace Solutions Market Overview, By Applications
9.1. India Track and Trace Solutions Market Revenues, By Applications
9.1.1. India Track and Trace Solutions Market Revenues, By Serialization Solution, 2017-2027F
9.1.2. India Track and Trace Solutions Market Revenues, By Aggregation Solution, 2017-2027F
9.2. India Track and Trace Solutions Market Overview, By Serialization Solution Application
9.2.1. India Track and Trace Solutions Market Revenue Share, By Serialization Solution Application, 2020 & 2027F
9.2.2. India Track and Trace Solutions Market Revenues, By Serialization Solution Application
9.2.2.1. India Serialization Solution Track and Trace Solutions Market Revenues, By Carton Serialization, 2017-2027F
9.2.2.2. India Serialization Solution Track and Trace Solutions Market Revenues, By Label Serialization, 2017-2027F
9.2.2.3. India Serialization Solution Track and Trace Solutions Market Revenues, By Bottle Serialization, 2017-2027F
9.2.2.4. India Serialization Solution Track and Trace Solutions Market Revenues, By Data Matrix Serialization, 2017-2027F
9.3. India Track and Trace Solutions Market Overview, By Aggregation Solution Application
9.3.1. India Track and Trace Solutions Market Revenue Share, By Aggregation Solution Application, 2020 & 2027F
9.3.2. India Track and Trace Solutions Market Revenues, By Aggregation Solution Application
9.3.2.1. India Aggregation Solution Track and Trace Solutions Market Revenues, By Bundle Aggregation, 2017-2027F
9.3.2.2. India Aggregation Solution Track and Trace Solutions Market Revenues, By Case Aggregation, 2017-2027F
9.3.2.3. India Aggregation Solution Track and Trace Solutions Market Revenues, By Pallet Aggregation, 2017-2027F
10. India Track and Trace Solutions Market Overview, By End Users
10.1. India Track and Trace Solutions Market Revenues, By End Users
10.1.1. India Track and Trace Solutions Market Revenues, By Pharmaceutical & Biopharmaceutical, 2017-2027F
10.1.2. India Track and Trace Solutions Market Revenues, By Food & Beverages, 2017-2027F
10.1.3. India Track and Trace Solutions Market Revenues, By Medical Devices, 2017-2027F
10.1.4. India Track and Trace Solutions Market Revenues, By Automobiles, 2017-2027F
10.1.5. India Track and Trace Solutions Market Revenues, By Cosmetics, 2017-2027F
10.1.6. India Track and Trace Solutions Market Revenues, By Agro-Chemicals, 2017-2027F
10.1.7. India Track and Trace Solutions Market Revenues, By Others, 2017-2027F
11. India Track and Trace Solutions Market Overview, By Regions
11.1. India Track and Trace Solutions Market Revenues, By Regions
11.1.1. India Track and Trace Solutions Market Revenues, By Southern Region, 2017-2027F
11.1.2. India Track and Trace Solutions Market Revenues, By Northern Region, 2017-2027F
11.1.3. India Track and Trace Solutions Market Revenues, By Western Region, 2017-2027F
11.1.4. India Track and Trace Solutions Market Revenues, By Eastern Region, 2017-2027F
12. India Track and Trace Solutions Market - Key Performance Indicators
13. India Track and Trace Solutions Market Opportunity Assessment
13.1. India Track and Trace Solutions Market Opportunity Assessment, By Technology, 2027F
13.2. India Track and Trace Solutions Market Opportunity Assessment, By Applications, 2027F
13.3. India Track and Trace Solutions Market Opportunity Assessment, By End Users, 2027F
13.4. India Track and Trace Solutions Market Opportunity Assessment, By Regions, 2027F
14. India Track and Trace Solutions Market Competitive Landscape
14.1. India Track and Trace Solutions Market Revenue Share, By Companies, 2020
14.2. India Track and Trace Solutions Market Competitive Benchmarking, By Operating Parameters
14.3. India Track and Trace Solutions Market Competitive Benchmarking, By Technical Parameters
15. Company Profiles
15.1. Jekson Vision Private Limited
15.2. Antares Vision S.r.l.
15.3. ACG Group
15.4. Kevision Systems
15.5. Optel Group
15.6. AVEVA Group PLC
15.7. Mettler-Toledo International Inc
15.8. Tracelink Inc.
15.9. Uhlmann Group Holding GmbH & Co. KG
15.10. Markem Imaje India Private Limited
16. Key Strategic Recommendations17. Disclaimer
List of Figures
Figure 1. India Track and Trace Solutions Market Revenues, 2017-2027F (INR Crore)
Figure 2. India Track and Trace Solutions Market Revenue Share, By Products, 2020 & 2027F
Figure 3. India Track and Trace Solutions Market Revenue Share, By Technology, 2020 & 2027F
Figure 4. India Track and Trace Solutions Market Revenue Share, By Applications, 2020 & 2027F
Figure 5. India Track and Trace Solutions Market Revenue Share, By End Users, 2020 & 2027F
Figure 6. India Track and Trace Solutions Market Revenue Share, By Regions, 2020 & 2027F
Figure 7. Worth of Illegally Imported Cigarettes Seized by Indian Officials, Apr 2019-Feb 2021, (INR Crore)
Figure 8. India Track and Trace Solutions Market Revenue Share, By Hardware Types, 2020 & 2027F
Figure 9. India Track and Trace Solutions Market Revenue Share, By Software Types, 2020 & 2027F
Figure 10. India Track and Trace Solutions Market Revenue Share, By Serialization Solution Application, 2020 & 2027F
Figure 11. India Track and Trace Solutions Market Revenue Share, By Aggregation Solution Application, 2020 & 2027F
Figure 12. Major Sector-Wise FMCG Market Share in India, 2020 (in %)
Figure 13. FMCG Market in India, 2018 vs 2021E (INR Billion)
Figure 14. FMCG Market in India, 2018 vs 2025F (INR Billion)
Figure 15. Indian Pharmaceutical Market, 2021E- 2030F ($ Billion)
Figure 16. Pharmaceutical Export from India, 2017- 2021E ($ Billion)
Figure 17. Indian Biotechnology Sector, 2019 vs 2025F ($ Billion)
Figure 18. Indian Medical Devices Industry, 2020 vs 2025F ($ Billion)
Figure 19. Market Size of the Indian Retail Industry, 2016- 2026F ($ Billion)
Figure 20. Market Share of the Indian Retail Industry, 2019 & 2021E
Figure 21. Annual Automotive Production-Two Wheelers and Cars, , FY2016/17-2024/25F (‘000 Units)
Figure 22. India Track and Trace Solutions Market Opportunity Assessment, By Technology, 2027F
Figure 23. India Track and Trace Solutions Market Opportunity Assessment, By Applications, 2027F
Figure 24. India Track and Trace Solutions Market Opportunity Assessment, By End Users, 2027F
Figure 25. India Track and Trace Solutions Market Opportunity Assessment, By Regions, 2027F
Figure 26. India Track and Trace Solutions Market Revenue Share, By Companies, 2020
List of Tables
Table 1. India Track and Trace Solutions Market Revenues, By Products, 2017-2027F (INR Crore)
Table 2. India Track and Trace Solutions Market Revenues, By Hardware Types, 2017-2027F (INR Crore)
Table 3. India Track and Trace Solutions Market Revenues, By Software Types, 2017-2027F (INR Crore)
Table 4. India Track and Trace Solutions Market Revenues, By Technology, 2017-2027F (INR Crore)
Table 5. India Track and Trace Solutions Market Revenues, By Applications, 2017-2027F (INR Crore)
Table 6. India Track and Trace Solutions Market Revenues, By Serialization Solution Application, 2017-2027F (INR Crore)
Table 7. India Track and Trace Solutions Market Revenues, By Aggregation Solution Application, 2017-2027F (INR Crore)
Table 8. India Track and Trace Solutions Market Revenues, By End Users, 2017-2027F (INR Crore)
Table 9. India Track and Trace Solutions Market Revenues, By Regions, 2017-2027F (INR Crore)
Table 10. Track and Trace Solutions’ Company-wise Business Models, 2021
Table 11. Track and Trace Solutions’ Company-wise Pricing Analysis, 2021

Samples

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Companies Mentioned

  • Jekson Vision Private Limited
  • Antares Vision S.r.l.
  • ACG Group
  • Kevision Systems
  • Optel Group
  • AVEVA Group PLC
  • Mettler-Toledo International Inc
  • Tracelink Inc.
  • Uhlmann Group Holding GmbH & Co. KG
  • Markem Imaje India Private Limited