Market Overview:
The global QR code labels market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of QR code labels for various applications, such as inventory management, marketing & advertisement, mobile payments, and personal use. Additionally, the growing demand for fast and secure transactions is also fueling the growth of this market.
Product Definition:
QR code labels are a type of barcode that can be scanned with a smartphone to quickly and easily open a web page, view contact information, or perform other actions. They are often used on products to provide additional information about the product or to direct customers to a website where they can purchase the product.
Flexographic Printing:
Flexographic printing is a technique of applying the image onto the flexible material using a special ink that has more than two components. The technology was developed in the early 1960s and its commercialization began in 1970s. Flexography or flexo printing is used to print images on labels, Posters, T-shirts, bags & luggage among other products.
Digital Printing:
Digital printing is a process of converting the image or text into digital form and then printing it on any material. In this process, the data is converted to a series of patterns using special inks on paper. These patterns are then transferred onto any suitable material for printout by means of laser or inkjet printers. The technology has been evolving over the years owing to several advancements such as high-speed internet, affordable computers, better quality inks & paper etc.
Application Insights:
The marketing and advertisement application segment dominated the global QR code labels market in 2017. The use of these codes for mobile app promotion has become common practice among developers, as these codes can direct users to download the app store promotional videos and screenshots. Prominent companies such as Starbucks Corporation, AT&T Inc., DHL Globalmail Limited, Ford Motor Company and General Motors have been using this technique to promote their apps.
In addition, companies are also using QR code labels for inventory management purposes by including them on product packaging or directly on products themselves. These codes can be scanned by a smartphone which enables users to track items through the supply chain network with ease while increasing storage space for inventory data at any given time during stocktaking activities.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing penetration of retail and consumer goods companies along with growing mobile-based payment solutions. Furthermore, technological advancements such as augmented reality are anticipated to fuel industry expansion over the coming years.
North America is projected to exhibit a CAGR of XX% from 2018 to 2030 due its high demand for quality labels that enhance product visibility and safety standards required by regulatory bodies such as FDA, EPA, DOT etc. Moreover, rising use cases of QR code technology across various industries including food & beverage (retailers), automotive (service centers), pharmaceuticals (pharmaceutical manufacturers) are expected drive regional growth over the next eight years.
Europe has been one of the early adopters for emerging technologies especially when it comes time for marketing.
Growth Factors:
- Increasing demand for fast and accurate product identification
- Proliferation of smart devices and the growing trend of mobile commerce
- QR code labels are being increasingly used in supply chain management to improve inventory tracking and traceability
- Rapid growth of the e-commerce sector
- Growing popularity of augmented reality
Scope Of The Report
Report Attributes
Report Details
Report Title
QR Code Labels Market Research Report
By Type
Flexographic Printing, Digital Printing, Offset, Gravure, Other
By Application
Inventory Management, Marketing & Advertisement, Mobile Payments, Personal Use
By Companies
Lintec Corporation, CCL Industries, Packtica SDN, Label Logic, Hibiscus, Data Label, Advanced Labels, Coast Label Company, Label Impressions, Consolidated Label, Avery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global QR Code Labels Market Report Segments:
The global QR Code Labels market is segmented on the basis of:
Types
Flexographic Printing, Digital Printing, Offset, Gravure, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Inventory Management, Marketing & Advertisement, Mobile Payments, Personal Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lintec Corporation
- CCL Industries
- Packtica SDN
- Label Logic
- Hibiscus
- Data Label
- Advanced Labels
- Coast Label Company
- Label Impressions
- Consolidated Label
- Avery
Highlights of The QR Code Labels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexographic Printing
- Digital Printing
- Offset
- Gravure
- Other
- By Application:
- Inventory Management
- Marketing & Advertisement
- Mobile Payments
- Personal Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the QR Code Labels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
QR Code Labels are a type of barcode that can be scanned with a QR code reader. They are often used to label products or packaging, and can also be used for tracking purposes.
Some of the major players in the qr code labels market are Lintec Corporation, CCL Industries, Packtica SDN, Label Logic, Hibiscus, Data Label, Advanced Labels, Coast Label Company, Label Impressions, Consolidated Label, Avery.
The qr code labels market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 QR Code Labels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 QR Code Labels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 QR Code Labels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the QR Code Labels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global QR Code Labels Market Size & Forecast, 2018-2028
4.5.1 QR Code Labels Market Size and Y-o-Y Growth
4.5.2 QR Code Labels Market Absolute $ Opportunity
Chapter 5 Global QR Code Labels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 QR Code Labels Market Size Forecast by Type
5.2.1 Flexographic Printing
5.2.2 Digital Printing
5.2.3 Offset
5.2.4 Gravure
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global QR Code Labels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 QR Code Labels Market Size Forecast by Applications
6.2.1 Inventory Management
6.2.2 Marketing & Advertisement
6.2.3 Mobile Payments
6.2.4 Personal Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global QR Code Labels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 QR Code Labels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America QR Code Labels Analysis and Forecast
9.1 Introduction
9.2 North America QR Code Labels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America QR Code Labels Market Size Forecast by Type
9.6.1 Flexographic Printing
9.6.2 Digital Printing
9.6.3 Offset
9.6.4 Gravure
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America QR Code Labels Market Size Forecast by Applications
9.10.1 Inventory Management
9.10.2 Marketing & Advertisement
9.10.3 Mobile Payments
9.10.4 Personal Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe QR Code Labels Analysis and Forecast
10.1 Introduction
10.2 Europe QR Code Labels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe QR Code Labels Market Size Forecast by Type
10.6.1 Flexographic Printing
10.6.2 Digital Printing
10.6.3 Offset
10.6.4 Gravure
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe QR Code Labels Market Size Forecast by Applications
10.10.1 Inventory Management
10.10.2 Marketing & Advertisement
10.10.3 Mobile Payments
10.10.4 Personal Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific QR Code Labels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific QR Code Labels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific QR Code Labels Market Size Forecast by Type
11.6.1 Flexographic Printing
11.6.2 Digital Printing
11.6.3 Offset
11.6.4 Gravure
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific QR Code Labels Market Size Forecast by Applications
11.10.1 Inventory Management
11.10.2 Marketing & Advertisement
11.10.3 Mobile Payments
11.10.4 Personal Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America QR Code Labels Analysis and Forecast
12.1 Introduction
12.2 Latin America QR Code Labels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America QR Code Labels Market Size Forecast by Type
12.6.1 Flexographic Printing
12.6.2 Digital Printing
12.6.3 Offset
12.6.4 Gravure
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America QR Code Labels Market Size Forecast by Applications
12.10.1 Inventory Management
12.10.2 Marketing & Advertisement
12.10.3 Mobile Payments
12.10.4 Personal Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) QR Code Labels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) QR Code Labels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) QR Code Labels Market Size Forecast by Type
13.6.1 Flexographic Printing
13.6.2 Digital Printing
13.6.3 Offset
13.6.4 Gravure
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) QR Code Labels Market Size Forecast by Applications
13.10.1 Inventory Management
13.10.2 Marketing & Advertisement
13.10.3 Mobile Payments
13.10.4 Personal Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 QR Code Labels Market: Competitive Dashboard
14.2 Global QR Code Labels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lintec Corporation
14.3.2 CCL Industries
14.3.3 Packtica SDN
14.3.4 Label Logic
14.3.5 Hibiscus
14.3.6 Data Label
14.3.7 Advanced Labels
14.3.8 Coast Label Company
14.3.9 Label Impressions
14.3.10 Consolidated Label
14.3.11 Avery
