RFID Smart Labels Remain Strong
Flexo Market News I NTERNET D IRECTORY
According to the research findings from Future Market Insights’ report, titled Smart Labels Market: Global Industry Analysis and Opportunity Assess- ment, 2016–2026 , nearly 400,000 thousand units of smart labels sold globally by 2016 were accounted by Radio-Frequency Identification (RFID) technology, which amounted to an estimated $2,493.9 million. Surging demand for RFID tags in the global retail in- dustry have instrumented the boost in sales of smart la- bels, globally. Furthermore, the advantages of RFID smart labels in maintaining, tracking and updating stock & inventory databases is predicted to continue driving their demand around the globe in the coming years. The global market for smart labels amassed revenues worth $4.7 billion by 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 CAGR of 17 percent. 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 2026-end. Flexographic and gravure printing technologies are predicted to dominate the global smart labels market in terms of revenues. Over the forecast period, more than $8 billion revenues are will be accounted by flexographic smart labels, while smart labels manu- factured through gravure printing technology will amass an estimated $6.4 billion market value. North America’s smart labels market is anticipated to procure more than 40 percent of the global rev- enues, throughout the forecast period. Avery Dennison Corporation, CCL Industries Inc., Checkpoints Systems, Inc., Zebra Technologies Cor- poration, and Intermec, Inc., are some of the leading players in the global smart labels market that are based in the US and Canada. Smart label revenues in Asia-Pacific excluding Japan (APEJ) region are pro- jected to rise at the fastest CAGR — 18.2 percent, while Western Europe smart labels market is likely to reach an estimated $3.6 billion market value by the end of 2026.
Eaglewood Technologies, LLC www.eaglewoodtech.com
Eaglewood Technologies is the Anilox Roll Cleaning Ex- pert! We are the creators of Laserlox™ Systems, Sanilox™ Systems and Sani-Blast™ Mobile Service. Laserlox™ and Laserlox™ Flexi are the latest technology in anilox roll cleaning. Sanilox™ Systems are the global standard of reli- able, environmentally safe anilox roll cleaning. Sani-Blast™ cleaning service has been cleaning rolls for over 20 years and offers several cleaning options to minimize downtime. 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 October 29, 2018 Flexo Market News
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