The Market for Spoil Detection Based Smart Label is Expected to Reach USD 1681.31 Million in 2020

Dec 09, 2015, 15:10 ET from Research and Markets

DUBLIN, Dec. 09, 2015 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Spoil Detection Based Smart Label Market by Type and Geography - Global Forecast to 2020" report to their offering.

The market for Spoil Detection Based Smart Label is expected to reach USD 1681.31 Million in 2020 at a CAGR of 11.80% for the forecast period 2014-2020.

The Y-o-Y growth is declining because the ASP (average selling price) of these labels is constantly decreasing. The increase in the market size is because the future lies in the food preparation and preservation which would integrate with packaging. Also substitute technologies such as RFID-based sensing tags are slowly taking considerable amount of the market share.

There are few driving and restraining factors present in the market which are impacting the Spoil Detection Based Smart Labels market. The dynamics of this market has direct relativity with these factors, as a result the qualitative analysis of these factors are included in this report. Increased customer preferences for hygiene of food material and supportive government norms are expected to drive this market in coming years. In addition various developed economies have framed strict regulations to minimize food wastage. Thus, in order to trace the spoilage of food material; Spoil Detection Based Smart Label is a perfect choice.

In this report, the spoil detection-based smart label market has been segmented on the basis of type and geography. Both market segments are analyzed on the basis of the market trends pertaining to various geographies such as North America, Europe, APAC, RoW, and Japan.

Key Takeaways:

  • Analysis of the Spoil Detection Based Smart Label market with special focus on high Japan
  • Market size splits by type and geography
  • Value chain analysis by contribution of each entity
  • Major market trends, drivers, restraints, and opportunities for the Spoil Detection Based Smart Label market
  • Detailed competitive landscape which includes key players, in-depth market share analysis, individual revenue, and market shares.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Market Analysis

6 Smart Label Market, By Type

7 Smart Label Market By Geography

8 Competitive Landscape

9 Company Profiles

  • Invengo Information Technology Co., Ltd.
  • Muhlbauer Holding AG & Co. KGAA.
  • Sato Holdings AG
  • Smartrac N.V.
  • Thin Film Electronics ASA
  • Zebra Technologies

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SOURCE Research and Markets