The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The surge in counterfeit items is likely to promote innovation in inventory tag manufacture, propelling the market during the forecast period.

The global inventory tags market is expected to grow from $5.32 billion in 2022 to $5.55 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The global inventory tags market size is expected to reach $6.64 billion in 2027 at a CAGR of 4.6%.

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Global Inventory Tags Market Segments Include:

• By Type: Plastic, Paper, Metal, Other Types
• By Printing Technology: Offset Printing, Digital Printing, Flexography Printing, Gravure Printing, Other Printing Technologies
• By End-Users: Industrial, Commercial, Retail, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global inventory tags market in 2021.

Major Market Players in the inventory tags market include Avery Dennison Corporation, 3M Company, Zebra Technologies Corporation, Brady Corporation, Alien Technology Corporation, Cenveo Corporation, Checkpoint Systems Inc.

Technological developments are a major trend that is gaining traction in the inventory tags industry. Companies in the inventory tags industry are embracing new technologies in order to maintain their market position. For example, Sato Holding Corporation, a Japanese auto-ID service provider, will debut ASETRA, a radio frequency identification (RFID) asset management system, in October 2020. This system is specifically developed to help manufacturers and logistic service providers manage special tools and returnable items. AESTRA enables manufacturers and logistic service providers to digitally store service information such as tool age, purchase date, and returnable items in RFID tags, assisting in product cycle management.

The Inventory Tags Global Market Report 2023  provides a inventory tags market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The inventory tags market forecast analyzes inventory tags market size, inventory tags market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Inventory tags are labels or markings that are attached to products or containers and carry critical information such as the item name, description, amount, location, and other details required for proper inventory management.

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