Flexo Market News
Smart Labels ( Cont’d from Page 1)
I NTERNET D IRECTORY
Identification (RFID) technology, which amounted to an estimated $2,493.9 million. Surging demand for RFID tags in the global retail industry have instru- mented the boost in sales of smart labels, globally. Furthermore, the advantages of RFID smart labels in maintaining, tracking and updating stock & inventory databases is predicted to continue driving their de- mand around the globe in the coming years. The global market for smart labels amassed rev- enues worth $4.7 billion in 2016, and is likely to reach $22.6 billion market value by the end of 2026. During the forecast period, the global smart labels market size is anticipated to expand at a Compound Annual Growth Rate of 17 percent. Organized retail sector will continue to instrument rampant growth in global smart labels sales, while warehousing businesses in the world are expected to actively adopt smart labelling for their benefits in tracking products. Growing sales of biologics and specialty drugs that require thermal-sensitive packaging are promoting the use of smart labels that are equipped with tem- perature-control functions. Smart labels will be inte- grated in drug monitor ing systems across pharmaceutical manufacturers in the world, facilitat- ing efficiency in transportation, anti-counterfeit mea- sures, and damage control. Key highlights of the research report exhibit RFID as the dominant labelling technology, however, Elec- tronic Article Surveillance (EAS) and sensing labels are also expected to gain traction while independent- ly registering a rise at more than 16 percent CAGR over the forecast period. By the end of 2026, global retail industry will be the largest end-user of smart la- bels by procuring global revenue share of more than 30 percent. On the other hand, healthcare, automo- tive and logistics will be considered as lucrative end- user industr ies for smar t labels, collectively accounting for sales of more than 1,561,000 thou- sand units by the end of 2026. Flexographic and gravure printing technologies are predicted to dominate the global smart labels market in terms of revenue. Over the forecast period, more than $8 billion in revenue will be accounted by flex- ographic smart labels, while smart labels manufac- tured through gravure printing technology will amass an estimated $6.4 billion market value. Smart label revenues in Asia-Pacific excluding Japan (APEJ) region are projected to rise at the fastest CAGR – 18.2 percent, while Western Europe smart la- bels market is likely to reach an estimated $3.6 bil- lion market value by the end of 2026.
Eaglewood Technologies, LLC www.eaglewoodtech.com
Eaglewood Technologies offers the Sanilox™ Anilox Roll Cleaning System, an innovative, environmentally safe sys- tem. Sanilox™2.0 uses a touch-screen interface to clean rolls in-line or off-line with the simple touch of a button. It can be operated in English or Spanish and monitor roll in- ventory by entering roll information into the touch-screen interface. Eaglewood Technologies offers cleaning service in your facility, or a ship-in roll cleaning program. Flint Group Flexographic Products develops, manufactur- ers and markets an extensive portfolio of printing consum- ables, including: nyloflex® photopolymer printing plates and processing equipment, and dayCorr® die-cutting blankets and anvil covers. With a strong customer focus, unmatched service and support, and superior products, Flint Group strives to provide exceptional value, consistent quality and continuous innovation to customers around the world. Flint Group www.flintgrp.com
Harper Corporation of America www.harperimage.com
We’ve made ceramic anilox rolls longer than anyone in the world and pride ourselves on being the best in the world. Whether wide web, narrow web, newspaper, or cor- rugated markets, Harper continuously strives to bring new flexographic products and services to the printing industry that will improve the quality of your graphics.
J I MacWilliam Co., Inc. www.jimacwilliam.com
Used equipment for flexible packaging, folding carton, paper, film, foil and non-woven industries. Professional, knowledgeable service for more than 30 years.
KBA-Flexotecnica – Get the Edge www.kba-flexotecnica.com/en/
Flexotecnica’s patented Safe Sleeve Change® system and Speedy Clean® auto washup system are designed to give converters a competitive edge through Flexotecnica’s commitment to research and development. Sales, service and support for Flexotecnica presses is provided by KBA North America, Inc. in Dallas, Texas with U.S. resident technicians, an extensive spare parts inventory and an ex- perienced, dedicated service staff. Mark Andy, Inc. is a leading global manufacturer of nar- row and mid-web printing and converting equipment. The company has a rich history of delivering solutions to in- crease productivity and profitability for the label and pack- aging markets. The company supplies leading global brands including Comco printing/converting machinery, Mark Andy printing/converting machinery and UVTechnolo- gy curing systems and replacement parts. Mark Andy, Inc. is headquartered in St. Louis, Missouri, with sales and dis- tribution offices in France, Switzerland, and the UK. Mark Andy, Inc. www.markandy.com
12 February 20, 2017 Flexo Market News
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