An inventory tag system consists of wireless computer, barcode scanner, industrial PC, barcode printer and a software. These systems are used to manage the complete lifecycle of particular product, track their location for ensuring that assets are not missing or stolen. A tag is a label attached to a product for providing identification details of the products. Every product offered to the consumers comes with a unique tag. The inventory tag is also used to identify the variety of a product. An inventory tracking system aids in purchasing process, forecasting the sales and preventing theft from employees or customers. In line with this, efficient management of the inventory is a key factor to reduce the demand-supply gap and minimize losing out on customers. Efficient management of inventory further reduces the transportation costs and uneconomical overstock.
Efforts towards standardization, rapid industrialization across the globe, stringent regulations towards packaging by the regulatory bodies, assurance to consumers about the product, increase in security measures against theft are the major factors that drive the growth of the market. However, lack of knowledge about the technology and dearth of skilled workers restrain the market growth.
The global Inventory Tag System market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Inventory Tag System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Inventory Tag System market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Inventory Tag System in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Inventory Tag System manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
3M
Alien Technology
Avery Dennison Corporation
Brady Corporation
Cenveo Corporation
Checkpoint Systems Inc
Hewlett-Packard Development Company, L.P
Smartrac N.V
Tyco International Plc
ZIH Corporation
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Paper
Plastic
Metal
Segment by Application
Industrial
Retail
Logistics
Others
Summary:
Get latest Market Research Reports on Inventory Tag System. Industry analysis & Market Report on Inventory Tag System is a syndicated market report, published as Global Inventory Tag System Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Inventory Tag System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.