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What is the present valuation and projected CAGR of the smart labelling in logistics market?
The smart labelling in logistics market size has grown strongly in recent years. It will grow from $6.74 billion in 2024 to $7.14 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to the enhanced need for compliance with traceability and safety regulations, increased complexity in supply chains necessitated advanced labeling solutions, adoption of automated systems for more accurate and efficient labelling, growth in consumer expectations for transparent product information, expansion of global trade requiring standardized and reliable labeling systems, efforts to reduce operational costs drove improvements in labeling efficiency.
The smart labelling in logistics market size is expected to see strong growth in the next few years. It will grow to $8.91 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to enhancement in smart labeling through the Internet of Things (IoT) for real-time tracking, AI and machine learning, sustainability initiatives, blockchain technology, and personalization trends. Major trends in the forecast period include IoT integration, AI and machine learning, personalized labeling, advanced analytics, and augmented reality (AR).
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What key drivers have fueled the smart labelling in logistics market’s development over the years?
The expansion of Internet of Things (IoT) integration is expected to propel the growth of smart labelling in logistics market going forward. IoT integration refers to the process of connecting and coordinating Internet of Things (IoT) devices and systems to enable seamless data exchange and automation. The increase in IoT integration is due to several factors, such as advancements in technology, increasing connectivity, reduced costs of IoT devices, and the growing demand for smart solutions across various industries. Smart labels in logistics enhance IoT integration by providing real-time data and seamless connectivity for tracking, monitoring, and managing goods throughout the supply chain. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, global IoT connections reached 13.2 billion connections in 2022 and are expected to increase by 18% to 34.7 billion connections by 2028. Therefore, the expansion of Internet of Things (IoT) integration will drive the growth of smart labelling in logistics market.
What is the segmentation for the smart labelling in logistics market?
The smart labelling in logistics market covered in this report is segmented –
1) By Product: Radio Frequency Identification (RFID) Labels, Near Field Communication (NFC) Labels, Electronic Shelf Labels (ESL), Other Products
2) By Component: Hardware, Software, Services
3) By Deployment Type: Cloud-Based, On-Premises
4) By Company Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Application: Inventory Management, Asset Tracking, Parcel Tracking And Delivery, Cold Chain Monitoring, Other Applications
Subsegments:
1) By Radio Frequency Identification (RFID) Labels: Passive RFID Labels, Active RFID Labels, Semi-Passive RFID Labels, High-Frequency RFID Labels (HF), Ultra-High Frequency RFID Labels (UHF)
2) By Near Field Communication (NFC) Labels: NFC Stickers, NFC Tags, NFC-Enabled Smart Labels, NFC Interactive Labels
3) By Electronic Shelf Labels (ESL): E-Paper ESL, LED-based ESL, Full-Color ESL, Bluetooth Low Energy (BLE)-Enabled ESL
4) By Other Products: Smart QR Code Labels, Smart Barcode Labels, Augmented Reality (AR) Labels, Wireless Temperature Monitoring Labels, Digital Price Tags
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Who are the most influential companies in the smart labelling in logistics market?
Major companies operating in the smart labelling in logistics market are Oracle Corporation, Honeywell International Inc., 3M Company, NXP Semiconductors N.V., Avery Dennison Corporation, Zebra Technologies Corporation, CCL Industries Inc., Toshiba Tec Corporation, Cognex Corporation, Sato Holdings Corporation, Checkpoint Systems Inc., Mimaki Engineering Co. Ltd., Impinj Inc., Identiv Inc., Barcodes Inc., Alien Technology LLC., Roambee Services Private Limited, William Frick & Company, Scanbuy Inc., Thin Film Electronics ASA, SMARTRAC TECHNOLOGY GmbH, KSW Microtec AG, Invengo Information Technology Co. Ltd, TSC Auto ID Technology Co. Ltd.
What are the top industry trends projected to impact the smart labelling in logistics market?
Major companies operating in the smart labels in logistics market are focusing on developing advanced solutions such as unified visibility platform-based labeling to improve supply chain efficiency and accuracy. Unified visibility platform-based labeling refers to a system that integrates and provides comprehensive, real-time tracking and management of goods across the supply chain through a single, unified interface. For instance, in May 2024, Roambee Corporation, a US-based supply chain visibility and intelligence provider, launched a 5G global positioning system (GPS) smart label with a peel-and-ship design measuring 4 inches by 6 inches. This advanced label utilizes 5G technology, GPS, and sensors calibrated by the National Institute of Standards and Technology (NIST) to monitor environmental factors including temperature, humidity, shock, and light, providing exceptional real-time visibility for shipments. It functions similarly to a barcode, allowing users to easily scan the label for shipment information without requiring complex infrastructure such as printers. The smart label seamlessly integrates with Roambee’s unified visibility platform, delivering accurate insights into the estimated time of arrival (ETA), shipment quality, and security throughout the entire supply chain.
What are the major regional insights for the smart labelling in logistics market, and which region holds the top position?
North America was the largest region in the smart labelling in logistics market in 2024. The regions covered in the smart labelling in logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Smart Labelling In Logistics Market Report 2025 Offer?
The smart labelling in logistics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Smart labeling in logistics refers to the use of advanced labeling technologies that enhance the tracking, management, and efficiency of supply chains. These labels often incorporate features such as radio frequency identification (RFID), QR codes, barcodes, or near-field communication (NFC), allowing for real-time data capture and transmission. This technology enables companies to monitor inventory, improve accuracy in order fulfillment, reduce errors, and enhance transparency across the logistics network.
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