Dublin, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The "Global Spoil Detection-based Smart Labels Market by Technology (NFC, RFID, Sensing Label), End-User Industry (Cosmetics, Food & Beverage, Logistics) - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Spoil Detection-based Smart Labels Market on a global scale is expected to experience substantial growth, with a significant CAGR forecasted for the upcoming period. Regional revenue generation has been boosted by economic and significant infrastructure development.
The analysis of patterns related to domestic production, import and export, and consumption has enabled market participants to capitalize on potential opportunities. Furthermore, the accompanied qualitative and quantitative parameters in the report, including detailed analysis, have highlighted the market's driving and restraining factors.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Spoil Detection-based Smart Labels Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Spoil Detection-based Smart Labels Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Spoil Detection-based Smart Labels Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Spoil Detection-based Smart Labels Market?
- What is the competitive strategic window for opportunities in the Global Spoil Detection-based Smart Labels Market?
- What are the technology trends and regulatory frameworks in the Global Spoil Detection-based Smart Labels Market?
- What is the market share of the leading vendors in the Global Spoil Detection-based Smart Labels Market?
- What modes and strategic moves are considered suitable for entering the Global Spoil Detection-based Smart Labels Market?
Market Dynamics
Drivers
- Rising customer preference for the hygiene of food materials
- Increases in food and pharmaceutical product recalls
- Government efforts to improve quality standards of products
Restraints
- High cost of deployment of smart labels
Opportunities
- Advancements in RFID technology for spoil detection
- New product launches and investments in R&D
Challenges
- Concerns related to hacking and malfunction during power shortage
Companies Mentioned
- Avery Dennison Corporation
- CCL Industries Inc
- Ensurge Micropower ASA
- EVIGENCE SENSORS Inc
- Innoscentia AB
- Insignia Technologies Ltd
- Invengo Information Technology Co. Ltd.
- Muhlbauer Holding Ag
- SATO Holding Ag.
- Scanbuy Inc.
- Smartrac N.V.
- Thin Film Electronics ASA
- Zebra Technologies Corporation
Market Segmentation & Coverage:
This research report categorizes the Global Spoil Detection-based Smart Labels Market in order to forecast the revenues and analyze trends in each of following sub-markets:
- Based on Technology, the market is studied across NFC, RFID, and Sensing Label. The NFC is projected to witness significant market share during forecast period.
- Based on End-User Industry, the market is studied across Cosmetics, Food & Beverage, Logistics, and Pharmaceutical. The Pharmaceutical is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
For more information about this report visit https://www.researchandmarkets.com/r/9jm1r9
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