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Inventory Tag System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Service & Software

Published: 2024-01-24

Pages: 106 Pages

Report ld: 2331252

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

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.

Inventory Tag System Market Size

M= millions and B=billions

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 market for Inventory Tag System was estimated to be worth US$ 4710.5 million in 2023 and is forecast to a readjusted size of US$ 6093.7 million by 2030 with a CAGR of 3.7% during the forecast period 2024-2030
North American market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Europe market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global key companies of Inventory Tag System include 3M, Alien Technology, Avery Dennison Corporation, Brady Corporation, Cenveo Corporation, Checkpoint Systems Inc, Hewlett-Packard Development Company, L.P, Smartrac N.V and Tyco International Plc, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Inventory Tag System, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Inventory Tag System by region & country, by Type, and by Application.

The Inventory Tag System market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Inventory Tag System.

Market Segmentation

Report Metric
Details
Report Title
Inventory Tag System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 6093.7 million
CAGR(2024-2030)
3.7%
Market Size Available for Years
2019-2030
Global Inventory Tag System Companies 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
Global Inventory Tag System Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Inventory Tag System Market, Segment by Type
Paper

Plastic

Metal
Global Inventory Tag System Market, Segment by Application
Industrial

Retail

Logistics

Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Inventory Tag System manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Inventory Tag System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Inventory Tag System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Inventory Tag System Product Introduction
    1.2 Global Inventory Tag System Market Size Forecast
    1.3 Inventory Tag System Market Trends & Drivers
        1.3.1 Inventory Tag System Industry Trends
        1.3.2 Inventory Tag System Market Drivers & Opportunity
        1.3.3 Inventory Tag System Market Challenges
        1.3.4 Inventory Tag System Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Inventory Tag System Players Revenue Ranking (2023)
    2.2 Global Inventory Tag System Revenue by Company (2019-2024)
    2.3 Key Companies Inventory Tag System Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Inventory Tag System Product Offered
    2.5 Key Companies Time to Begin Mass Production of Inventory Tag System
    2.6 Inventory Tag System Market Competitive Analysis
        2.6.1 Inventory Tag System Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Inventory Tag System Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Inventory Tag System as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Paper
        3.1.2 Plastic
        3.1.3 Metal
    3.2 Global Inventory Tag System Sales Value by Type
        3.2.1 Global Inventory Tag System Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Inventory Tag System Sales Value, by Type (2019-2030)
        3.2.3 Global Inventory Tag System Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Industrial
        4.1.2 Retail
        4.1.3 Logistics
        4.1.4 Others
    4.2 Global Inventory Tag System Sales Value by Application
        4.2.1 Global Inventory Tag System Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Inventory Tag System Sales Value, by Application (2019-2030)
        4.2.3 Global Inventory Tag System Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Inventory Tag System Sales Value by Region
        5.1.1 Global Inventory Tag System Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Inventory Tag System Sales Value by Region (2019-2024)
        5.1.3 Global Inventory Tag System Sales Value by Region (2025-2030)
        5.1.4 Global Inventory Tag System Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Inventory Tag System Sales Value, 2019-2030
        5.2.2 North America Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Inventory Tag System Sales Value, 2019-2030
        5.3.2 Europe Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Inventory Tag System Sales Value, 2019-2030
        5.4.2 Asia Pacific Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Inventory Tag System Sales Value, 2019-2030
        5.5.2 South America Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Inventory Tag System Sales Value, 2019-2030
        5.6.2 Middle East & Africa Inventory Tag System Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Inventory Tag System Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Inventory Tag System Sales Value
    6.3 United States
        6.3.1 United States Inventory Tag System Sales Value, 2019-2030
        6.3.2 United States Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Inventory Tag System Sales Value, 2019-2030
        6.4.2 Europe Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Inventory Tag System Sales Value, 2019-2030
        6.5.2 China Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Inventory Tag System Sales Value, 2019-2030
        6.6.2 Japan Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Inventory Tag System Sales Value, 2019-2030
        6.7.2 South Korea Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Inventory Tag System Sales Value, 2019-2030
        6.8.2 Southeast Asia Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Inventory Tag System Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Inventory Tag System Sales Value, 2019-2030
        6.9.2 India Inventory Tag System Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Inventory Tag System Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 3M
        7.1.1 3M Profile
        7.1.2 3M Main Business
        7.1.3 3M Inventory Tag System Products, Services and Solutions
        7.1.4 3M Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.1.5 3M Recent Developments
    7.2 Alien Technology
        7.2.1 Alien Technology Profile
        7.2.2 Alien Technology Main Business
        7.2.3 Alien Technology Inventory Tag System Products, Services and Solutions
        7.2.4 Alien Technology Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.2.5 Alien Technology Recent Developments
    7.3 Avery Dennison Corporation
        7.3.1 Avery Dennison Corporation Profile
        7.3.2 Avery Dennison Corporation Main Business
        7.3.3 Avery Dennison Corporation Inventory Tag System Products, Services and Solutions
        7.3.4 Avery Dennison Corporation Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.3.5 Brady Corporation Recent Developments
    7.4 Brady Corporation
        7.4.1 Brady Corporation Profile
        7.4.2 Brady Corporation Main Business
        7.4.3 Brady Corporation Inventory Tag System Products, Services and Solutions
        7.4.4 Brady Corporation Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.4.5 Brady Corporation Recent Developments
    7.5 Cenveo Corporation
        7.5.1 Cenveo Corporation Profile
        7.5.2 Cenveo Corporation Main Business
        7.5.3 Cenveo Corporation Inventory Tag System Products, Services and Solutions
        7.5.4 Cenveo Corporation Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.5.5 Cenveo Corporation Recent Developments
    7.6 Checkpoint Systems Inc
        7.6.1 Checkpoint Systems Inc Profile
        7.6.2 Checkpoint Systems Inc Main Business
        7.6.3 Checkpoint Systems Inc Inventory Tag System Products, Services and Solutions
        7.6.4 Checkpoint Systems Inc Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.6.5 Checkpoint Systems Inc Recent Developments
    7.7 Hewlett-Packard Development Company, L.P
        7.7.1 Hewlett-Packard Development Company, L.P Profile
        7.7.2 Hewlett-Packard Development Company, L.P Main Business
        7.7.3 Hewlett-Packard Development Company, L.P Inventory Tag System Products, Services and Solutions
        7.7.4 Hewlett-Packard Development Company, L.P Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.7.5 Hewlett-Packard Development Company, L.P Recent Developments
    7.8 Smartrac N.V
        7.8.1 Smartrac N.V Profile
        7.8.2 Smartrac N.V Main Business
        7.8.3 Smartrac N.V Inventory Tag System Products, Services and Solutions
        7.8.4 Smartrac N.V Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.8.5 Smartrac N.V Recent Developments
    7.9 Tyco International Plc
        7.9.1 Tyco International Plc Profile
        7.9.2 Tyco International Plc Main Business
        7.9.3 Tyco International Plc Inventory Tag System Products, Services and Solutions
        7.9.4 Tyco International Plc Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.9.5 Tyco International Plc Recent Developments
    7.10 ZIH Corporation
        7.10.1 ZIH Corporation Profile
        7.10.2 ZIH Corporation Main Business
        7.10.3 ZIH Corporation Inventory Tag System Products, Services and Solutions
        7.10.4 ZIH Corporation Inventory Tag System Revenue (US$ Million) & (2019-2024)
        7.10.5 ZIH Corporation Recent Developments

 8 Industry Chain Analysis
    8.1 Inventory Tag System Industrial Chain
    8.2 Inventory Tag System Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Inventory Tag System Sales Model
        8.5.2 Sales Channel
        8.5.3 Inventory Tag System Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Inventory Tag System Market Trends
    Table 2. Inventory Tag System Market Drivers & Opportunity
    Table 3. Inventory Tag System Market Challenges
    Table 4. Inventory Tag System Market Restraints
    Table 5. Global Inventory Tag System Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Inventory Tag System Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Inventory Tag System Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Inventory Tag System Product Type
    Table 9. Key Companies Time to Begin Mass Production of Inventory Tag System
    Table 10. Global Inventory Tag System Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Inventory Tag System as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Inventory Tag System Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Inventory Tag System Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Inventory Tag System Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Inventory Tag System Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Inventory Tag System Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Inventory Tag System Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Inventory Tag System Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Inventory Tag System Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Inventory Tag System Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Inventory Tag System Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Inventory Tag System Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Inventory Tag System Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Inventory Tag System Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Inventory Tag System Sales Value by Region (2019-2024) & (%)
    Table 27. Global Inventory Tag System Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Inventory Tag System Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Inventory Tag System Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Inventory Tag System Sales Value, (2025-2030) & (US$ Million)
    Table 31. 3M Basic Information List
    Table 32. 3M Description and Business Overview
    Table 33. 3M Inventory Tag System Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Inventory Tag System Business of 3M (2019-2024)
    Table 35. 3M Recent Developments
    Table 36. Alien Technology Basic Information List
    Table 37. Alien Technology Description and Business Overview
    Table 38. Alien Technology Inventory Tag System Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Inventory Tag System Business of Alien Technology (2019-2024)
    Table 40. Alien Technology Recent Developments
    Table 41. Avery Dennison Corporation Basic Information List
    Table 42. Avery Dennison Corporation Description and Business Overview
    Table 43. Avery Dennison Corporation Inventory Tag System Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Inventory Tag System Business of Avery Dennison Corporation (2019-2024)
    Table 45. Avery Dennison Corporation Recent Developments
    Table 46. Brady Corporation Basic Information List
    Table 47. Brady Corporation Description and Business Overview
    Table 48. Brady Corporation Inventory Tag System Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Inventory Tag System Business of Brady Corporation (2019-2024)
    Table 50. Brady Corporation Recent Developments
    Table 51. Cenveo Corporation Basic Information List
    Table 52. Cenveo Corporation Description and Business Overview
    Table 53. Cenveo Corporation Inventory Tag System Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Inventory Tag System Business of Cenveo Corporation (2019-2024)
    Table 55. Cenveo Corporation Recent Developments
    Table 56. Checkpoint Systems Inc Basic Information List
    Table 57. Checkpoint Systems Inc Description and Business Overview
    Table 58. Checkpoint Systems Inc Inventory Tag System Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Inventory Tag System Business of Checkpoint Systems Inc (2019-2024)
    Table 60. Checkpoint Systems Inc Recent Developments
    Table 61. Hewlett-Packard Development Company, L.P Basic Information List
    Table 62. Hewlett-Packard Development Company, L.P Description and Business Overview
    Table 63. Hewlett-Packard Development Company, L.P Inventory Tag System Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Inventory Tag System Business of Hewlett-Packard Development Company, L.P (2019-2024)
    Table 65. Hewlett-Packard Development Company, L.P Recent Developments
    Table 66. Smartrac N.V Basic Information List
    Table 67. Smartrac N.V Description and Business Overview
    Table 68. Smartrac N.V Inventory Tag System Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Inventory Tag System Business of Smartrac N.V (2019-2024)
    Table 70. Smartrac N.V Recent Developments
    Table 71. Tyco International Plc Basic Information List
    Table 72. Tyco International Plc Description and Business Overview
    Table 73. Tyco International Plc Inventory Tag System Products, Services and Solutions
    Table 74. Revenue (US$ Million) in Inventory Tag System Business of Tyco International Plc (2019-2024)
    Table 75. Tyco International Plc Recent Developments
    Table 76. ZIH Corporation Basic Information List
    Table 77. ZIH Corporation Description and Business Overview
    Table 78. ZIH Corporation Inventory Tag System Products, Services and Solutions
    Table 79. Revenue (US$ Million) in Inventory Tag System Business of ZIH Corporation (2019-2024)
    Table 80. ZIH Corporation Recent Developments
    Table 81. Key Raw Materials Lists
    Table 82. Raw Materials Key Suppliers Lists
    Table 83. Inventory Tag System Downstream Customers
    Table 84. Inventory Tag System Distributors List
    Table 85. Research Programs/Design for This Report
    Table 86. Key Data Information from Secondary Sources
    Table 87. Key Data Information from Primary Sources
    Table 88. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Inventory Tag System Product Picture
    Figure 2. Global Inventory Tag System Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 4. Inventory Tag System Report Years Considered
    Figure 5. Global Inventory Tag System Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Inventory Tag System Revenue in 2023
    Figure 7. Inventory Tag System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Paper Picture
    Figure 9. Plastic Picture
    Figure 10. Metal Picture
    Figure 11. Global Inventory Tag System Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 12. Global Inventory Tag System Sales Value Market Share by Type, 2023 & 2030
    Figure 13. Product Picture of Industrial
    Figure 14. Product Picture of Retail
    Figure 15. Product Picture of Logistics
    Figure 16. Product Picture of Others
    Figure 17. Global Inventory Tag System Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 18. Global Inventory Tag System Sales Value Market Share by Application, 2023 & 2030
    Figure 19. North America Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 20. North America Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    Figure 21. Europe Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 22. Europe Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    Figure 23. Asia Pacific Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 24. Asia Pacific Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    Figure 25. South America Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 26. South America Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    Figure 27. Middle East & Africa Inventory Tag System Sales Value (2019-2030) & (US$ Million)
    Figure 28. Middle East & Africa Inventory Tag System Sales Value by Country (%), 2023 VS 2030
    Figure 29. Key Countries/Regions Inventory Tag System Sales Value (%), (2019-2030)
    Figure 30. United States Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 31. United States Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 32. United States Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 33. Europe Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 34. Europe Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 35. Europe Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 36. China Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 37. China Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 38. China Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 39. Japan Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 40. Japan Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 41. Japan Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 42. South Korea Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 43. South Korea Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 44. South Korea Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 45. Southeast Asia Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 46. Southeast Asia Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 47. Southeast Asia Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 48. India Inventory Tag System Sales Value, (2019-2030) & (US$ Million)
    Figure 49. India Inventory Tag System Sales Value by Type (%), 2023 VS 2030
    Figure 50. India Inventory Tag System Sales Value by Application (%), 2023 VS 2030
    Figure 51. Inventory Tag System Industrial Chain
    Figure 52. Inventory Tag System Manufacturing Cost Structure
    Figure 53. Channels of Distribution (Direct Sales, and Distribution)
    Figure 54. Bottom-up and Top-down Approaches for This Report
    Figure 55. Data Triangulation

Description

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 market for Inventory Tag System was estimated to be worth US$ 4710.5 million in 2023 and is forecast to a readjusted size of US$ 6093.7 million by 2030 with a CAGR of 3.7% during the forecast period 2024-2030
North American market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Europe market for Inventory Tag System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global key companies of Inventory Tag System include 3M, Alien Technology, Avery Dennison Corporation, Brady Corporation, Cenveo Corporation, Checkpoint Systems Inc, Hewlett-Packard Development Company, L.P, Smartrac N.V and Tyco International Plc, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Inventory Tag System, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Inventory Tag System by region & country, by Type, and by Application.

The Inventory Tag System market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Inventory Tag System.

Market Segmentation