North America Inventory Tags Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Barcodes, RFID, and Others), Label Type (Plastics, Paper, Metal, and Others), Printing Technology (Digital Printing, Flexography Printing, Gravure Printing, Offset Printing, and Others), and End-user (Retail, Transportation and Logistics, Industrial, and Others)

TIPRE00027770 | Pages: 125 | Electronics and Semiconductor | Mar 2022 | Type: Regional | Status: Published

The inventory tags market in North America is expected to grow from US$ 1,421.22 million in 2021 to US$ 1,655.56 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028.

Counterfeiting of products is a huge concern, which impacts all the verticals across the region. As stated by the International Chamber of Commerce, counterfeiting has been growing significantly over the past few years and has resulted in illegal trading of goods worth ~US$ 917 billion a year. The growing cases of counterfeiting products result in loss of revenue and pose considerable threat to consumer health and safety, as well as harm foreign direct investment prospects. The retail and consumer electronics industries are the major targets of piracy, thereby negatively impacting various retail and pharmaceutical firms. Some of the instance, Reebok and Adidas have filed the trademark suit in federal court against ~50 online sellers for selling, promoting, and providing for sale and distributing substantial quantities of footwear. This lawsuit comes during the attention to the mounting counterfeit-centric posts on social media platforms. Both the sports giants seek US$ 2 million from each of the defendants for every counterfeit trademark used. The stringent laws pertaining to counterfeiting activities, the requirement for efficient use of the supply chain, and the availability of cost-efficient counterfeiting technologies have compelled various companies to opt for inventory tags. With this technology, one can determine its location, identify an individual item, and review its chain of custody. Collecting this data makes it easier to handle the supply chain and identify counterfeits.

 

North America is one of the most important regions for the adoption and growth of new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. The US is one of the prominent markets for inventory tags due to the growing retail and e-commerce, and healthcare sectors. The huge increase in the number of confirmed cases and rising reported deaths has affected these industries. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the inventory tags. The retail sector has faced considerable shifts, consumer spending on groceries continue to increase. RFID technology is also highly used in the healthcare industry to track their assets. To combat the virus, the region has started shipping vaccines and PPE kits within the region where RFID technology has made a comeback to track and authenticate test kits, PPE, and vaccines. Thus, this also leads to slight growth in the market. COVID-19 has had a severe impact on transportation and automotive, and trade activity. North America is home to many manufacturing and technology companies. Thus, the coronavirus outbreak's impact was quite severe in 2020 and likely in 2021. The impact of COVID-19 is short-term; it is likely to decrease in the coming years.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America inventory tags market. The North America inventory tags market is expected to grow at a good CAGR during the forecast period.

 

North America Inventory Tags Market Revenue and Forecast to 2028 (US$ Million)  

 

North America Inventory Tags Market Revenue and Forecast to 2028 (US$ Million)  

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North America Inventory Tags Market Segmentation

North America Inventory Tags Market – By Technology

  • RFID
  • Barcodes
  • Others

North America Inventory Tags Market – By Label Type

  • Plastics
  • Paper
  • Metal
  • Others

North America Inventory Tags Market – By Printing Technology

  • Offset Printing
  • Digital Printing
  • Flexography Printing
  • Gravure Printing
  • Others

North America Inventory Tags Market – By End-user

  • Retail
  • Transportation and Logistics
  • Industrial
  • Others

North America Inventory Tags Market – By Country

  • US
  • Canada   
  • Mexico

North America Inventory Tags Market – Companies Mentioned

  • 3M
  • Alien Technology, LLC
  • Brady Worldwide, Inc.
  • CCL Industries Inc.
  • Johnson Controls, Inc.
  • Zebra Technologies Corporation
  • SATO Holdings Corporation
  • Honeywell International Inc.
  • Camcode
  • Cenveo Corporation   

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Inventory Tags Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Inventory Tags–Market Dynamics

5.1         Market Drivers

5.1.1        Raising Counterfeiting Activities

5.1.2        Boosting Adoption of RFID Technology in Retail Sector

5.2         Market Restraints

5.2.1        Security Issues Related to Inventory Tag Technology

5.3         Market Opportunities

5.3.1        Surging Emphasis on Internet of Things (IoT)

5.4         Future Trends

5.4.1        Fostering Potential for Inventory Tag Technology in Automotive Sector

5.5         Impact Analysis of Drivers and Restraints

6.           North America Inventory Tags Market Analysis

6.1         North America Inventory Tags Market Overview

6.2         North America: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

7.           North America Inventory Tags Market Analysis – By Technology

7.1         Overview

7.2         North America: Inventory Tags Market- by Technology

7.3         RFID

7.3.1        Overview

7.3.2        RFID: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Barcode

7.4.1        Overview

7.4.2        Barcode: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Other

7.5.1        Overview

7.5.2        Other: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

8.           North America Inventory Tags Market – By Label Type

8.1         Overview

8.2         North America Inventory Tags Market- By Label Type

8.3         Plastics

8.3.1        Overview

8.3.2        Plastics: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Paper

8.4.1        Overview

8.4.2        Paper: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Metal

8.5.1        Overview

8.5.2        Metal: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Inventory Tags Market – By Printing Technology

9.1         Overview

9.2         North America Inventory Tags Market- By Printing Technology

9.3         Offset Printing

9.3.1        Overview

9.3.2        Offset Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Digital Printing

9.4.1        Overview

9.4.2        Digital Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Flexography Printing

9.5.1        Overview

9.5.2        Flexography Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Gravure Printing

9.6.1        Overview

9.6.2        Gravure Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Others

9.7.1        Overview

9.7.2        Others: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

10.        North America Inventory Tags Market – By End-User

10.1      Overview

10.2      North America: Inventory Tags Market- By End-user

10.3      Retail

10.3.1     Overview

10.3.2     Retail: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Transportation & Logistics

10.4.1     Overview

10.4.2     Transportation & Logistics: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Industrial

10.5.1     Overview

10.5.2     Industrial: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Others

10.6.1     Overview

10.6.2     Others: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

11.        North America Inventory Tags Market – Country Analysis

11.1      Overview

11.1.1     North America: Inventory Tags Market- by Key Country

11.1.1.1       US: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       US: Inventory Tags Market- by Technology

11.1.1.1.2       US: Inventory Tags Market- By Label Type

11.1.1.1.3       US: Inventory Tags Market- By Printing Technology

11.1.1.1.4       US: Inventory Tags Market- By End-User

11.1.1.2       Canada: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Canada: Inventory Tags Market- by Technology

11.1.1.2.2       Canada: Inventory Tags Market- By Label Type

11.1.1.2.3       Canada: Inventory Tags Market- By Printing Technology

11.1.1.2.4       Canada: Inventory Tags Market- By End-User

11.1.1.3       Mexico: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Mexico: Inventory Tags Market- by Technology

11.1.1.3.2       Mexico: Inventory Tags Market- By Label Type

11.1.1.3.3       Mexico: Inventory Tags Market- By Printing Technology

11.1.1.3.4       Mexico: Inventory Tags Market- By End-User

12.        Impact of COVID-19 Pandemic on North America Inventory Tags Market

12.1      Overview

13.        Industry Landscape

13.1      Overview

13.2      Market Initiative

13.3      New Product Development

14.        Company Profiles

14.1      3M

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      Alien Technology, LLC

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Brady Worldwide, Inc.

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      CCL Industries Inc.

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Cenveo

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      Johnson Controls, Inc.

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      Zebra Technologies Corporation

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      SATO Holdings Corporation

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9      Honeywell International Inc.

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

14.10   Camcode

14.10.1  Key Facts

14.10.2  Business Description

14.10.3  Products and Services

14.10.4  Financial Overview

14.10.5  SWOT Analysis

14.10.6  Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

 


LIST OF TABLES

Table 1.             North America Inventory Tags Market – Revenue and Forecast To 2028 (US$ Million)

Table 2.             US: Inventory Tags Market- by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Inventory Tags Market- By Label Type –Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Inventory Tags Market- By Printing Technology –Revenue and Forecast to 2028 (US$ Million)

Table 5.             US: Inventory Tags Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Inventory Tags Market- by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Inventory Tags Market- By Label Type –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Canada: Inventory Tags Market- By Printing Technology –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Canada: Inventory Tags Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico: Inventory Tags Market- by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 11.          Mexico: Inventory Tags Market- By Label Type –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Mexico: Inventory Tags Market- By Printing Technology –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico: Inventory Tags Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Inventory Tags Market Segmentation

Figure 2.           North America Inventory Tags Market Segmentation – By Country

Figure 3.           North America Inventory Tags Market Overview

Figure 4.           RFID Segment held the Largest Share of North America Inventory Tags Market

Figure 5.           Industrial segment held the Largest Share of North America Inventory Tags Market

Figure 6.           The US Dominated the North America Inventory Tags Market

Figure 7.           North America – PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Inventory Tags Market Impact Analysis of Drivers and Restraints

Figure 10.        North America: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America: Inventory Tags Market Revenue Share, by Technology (2020 and 2028)

Figure 12.        RFID Inventory tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Barcode: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Other: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Inventory Tags Market Revenue Share, By Label Type (2020 and 2028)

Figure 16.        Plastics: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Paper: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Metal: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Other: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Inventory Tags Market Revenue Share, By Printing Technology (2020 and 2028)

Figure 21.        Offset Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Digital Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Flexography Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Gravure Printing: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Other: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America: Inventory Tags Market Revenue Share, By End-user (2020 and 2028)

Figure 27.        Retail: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Transportation & Logistics: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Industrial: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Others: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Geographic Overview of North America Inventory Tags Market

Figure 32.        North America: Inventory Tags Market Revenue Share, by Key Country (2020 and 2028)

Figure 33.        US: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Canada: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Mexico: Inventory Tags Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Impact of COVID-19 Pandemic in North American Country Markets

  1. 3M
  2. Alien Technology, LLC
  3. Brady Worldwide, Inc.
  4. CCL Industries Inc.
  5. Johnson Controls, Inc.
  6. Zebra Technologies Corporation
  7. SATO Holdings Corporation
  8. Honeywell International Inc.
  9. Camcode
  10. Cenveo Corporation                                                      
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America inventory tags market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America inventory tags market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the inventory tags market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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