Market Overview:
The global smart shelf label 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 demand for advanced and innovative labeling solutions, rising adoption of digital technologies, and growing need for inventory management and tracking solutions. The global smart shelf label market is segmented on the basis of type into LCD displays and e-papers displays. The LCD displays segment is expected to hold a larger share of the market during the forecast period owing to its advantages such as low power consumption, high brightness levels, wide viewing angles, and low cost.
Product Definition:
A smart shelf label is a type of electronic label that can be attached to shelves in a store. The labels are connected to the internet and can be used to track inventory and prices. They can also be used to provide information about products on the shelves.
LCD Displays:
LCD displays are the part of electronic devices that create and show images on a screen. They are majorly used in television, computers, laptops and mobile phones. LCD is an abbreviation for “liquid crystal display” which is a type of display technology that creates visible light by modulating the flow of liquid crystals between two glass plates or between transparent electrodes and an insulated glass tube.
E-papers Displays:
E-papers displays are thin, light and flexible electronic paper. They have a wide viewing angle, high optical quality and low power consumption. The display can be used in various applications such as smart shelf labels for the retail industry or food packaging among others.
Application Insights:
The department stores segment dominated the global smart shelf label market, accounting for more than 40.0% share of the overall revenue in 2017. The use of smart shelf labels in department stores has become necessary to maintain a clean and organized store frontage, as well as to provide useful information about the products stored on shelves to consumers visiting these retail stores. Moreover, with the help from digital technology companies such as Samsung and others, many big name retailers are now focusing on developing their e-commerce business by launching their online store fronts where customers can access product details directly from their smartphones or computers without having to browse through different departments in a physical store. This is expected to further drive demand over the forecast period.
The supermarkets segment is expected register significant growth over the forecast period owing to increasing adoption of self-checkout systems at supermarkets globally coupled with an increase in focus on reducing checkouts at grocery stores due largely partaking Supermarkets To Big Box Stores (SBBBS).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing penetration of advanced shelf labels in China and Japan markets. Increasing investments by governments for implementation of RFID systems are also expected to boost the Asia Pacific regional market growth over the forecast period. For instance, In India, government initiatives such as “Make in India†and “Startup India†are aimed at promoting manufacturing activities across all sectors including retail industry which will create new opportunities for smart shelf label technology providers during future deployment phases.
North America region accounted for more than 25% revenue share in 2017 owing to high adoption levels of smart shelf labels among U.S.-based retailers such as Kroger Co., Walmart Inc.
Growth Factors:
- Increasing demand for smart shelf labels from retail sector for better inventory management and reducing the cost of product loss.
- Rising popularity of Radio Frequency Identification (RFID) technology that enables tracking of items through wireless signals, which is expected to fuel the growth of smart shelf label market over the forecast period.
- Proliferation of Internet-of-Things (IoT) and big data analytics is anticipated to create new opportunities for the growth of smart shelf label market in near future.
- Growing trend towards self-checkout and automated warehouses are expected to drive the demand for smart shelf labels over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Shelf Label Market Research Report
By Type
LCD Displays, E-papers Displays
By Application
Department Stores, Supermarkets, Drug Stores, Specialty Stores, Others
By Companies
SES-imagotag, Pricer, Samsung, E Ink, Displaydata, Opticon Sensors, DIGI, Hanshow Technology, LG innotek, Panasonic, Altierre
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Smart Shelf Label Market Report Segments:
The global Smart Shelf Label market is segmented on the basis of:
Types
LCD Displays, E-papers Displays
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
Department Stores, Supermarkets, Drug Stores, Specialty Stores, Others
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:
- SES-imagotag
- Pricer
- Samsung
- E Ink
- Displaydata
- Opticon Sensors
- DIGI
- Hanshow Technology
- LG innotek
- Panasonic
- Altierre
Highlights of The Smart Shelf Label 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:
- LCD Displays
- E-papers Displays
- By Application:
- Department Stores
- Supermarkets
- Drug Stores
- Specialty Stores
- Others
- 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 Smart Shelf Label 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?
Smart Shelf Label is a software that helps you to create labels for your books. It allows you to add information such as the author, title, and ISBN.
Some of the major players in the smart shelf label market are SES-imagotag, Pricer, Samsung, E Ink, Displaydata, Opticon Sensors, DIGI, Hanshow Technology, LG innotek, Panasonic, Altierre.
The smart shelf label market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Shelf Label Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Shelf Label Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Shelf Label Market - Supply Chain
4.5. Global Smart Shelf Label Market Forecast
4.5.1. Smart Shelf Label Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Shelf Label Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Shelf Label Market Absolute $ Opportunity
5. Global Smart Shelf Label Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Shelf Label Market Size and Volume Forecast by Type
5.3.1. LCD Displays
5.3.2. E-papers Displays
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Shelf Label Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Shelf Label Market Size and Volume Forecast by Application
6.3.1. Department Stores
6.3.2. Supermarkets
6.3.3. Drug Stores
6.3.4. Specialty Stores
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Shelf Label Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Shelf Label Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Shelf Label Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Shelf Label Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Shelf Label Demand Share Forecast, 2019-2026
9. North America Smart Shelf Label Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Shelf Label Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Shelf Label Market Size and Volume Forecast by Application
9.4.1. Department Stores
9.4.2. Supermarkets
9.4.3. Drug Stores
9.4.4. Specialty Stores
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Shelf Label Market Size and Volume Forecast by Type
9.7.1. LCD Displays
9.7.2. E-papers Displays
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Shelf Label Demand Share Forecast, 2019-2026
10. Latin America Smart Shelf Label Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Shelf Label Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Shelf Label Market Size and Volume Forecast by Application
10.4.1. Department Stores
10.4.2. Supermarkets
10.4.3. Drug Stores
10.4.4. Specialty Stores
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Shelf Label Market Size and Volume Forecast by Type
10.7.1. LCD Displays
10.7.2. E-papers Displays
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Shelf Label Demand Share Forecast, 2019-2026
11. Europe Smart Shelf Label Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Shelf Label Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Shelf Label Market Size and Volume Forecast by Application
11.4.1. Department Stores
11.4.2. Supermarkets
11.4.3. Drug Stores
11.4.4. Specialty Stores
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Shelf Label Market Size and Volume Forecast by Type
11.7.1. LCD Displays
11.7.2. E-papers Displays
11.8. Basis Point Share (BPS) Analysis by Type
11.9.Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Shelf Label Demand Share, 2019-2026
12. Asia Pacific Smart Shelf Label Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Shelf Label Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Shelf Label Market Size and Volume Forecast by Application
12.4.1. Department Stores
12.4.2. Supermarkets
12.4.3. Drug Stores
12.4.4. Specialty Stores
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Shelf Label Market Size and Volume Forecast by Type
12.7.1. LCD Displays
12.7.2. E-papers Displays
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Shelf Label Demand Share, 2019-2026
13. Middle East & Africa Smart Shelf Label Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Shelf Label Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Shelf Label Market Size and Volume Forecast by Application
13.4.1. Department Stores
13.4.2. Supermarkets
13.4.3. Drug Stores
13.4.4. Specialty Stores
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Shelf Label Market Size and Volume Forecast by Type
13.7.1. LCD Displays
13.7.2. E-papers Displays
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Shelf Label Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Shelf Label Market: Market Share Analysis
14.2. Smart Shelf Label Distributors and Customers
14.3. Smart Shelf Label Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SES-imagotag
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pricer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E Ink
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Displaydata
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Opticon Sensors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DIGI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hanshow Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LG innotek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Altierre
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
