Global QR Code Labels Market, By Label Type (Sleeve Labels, Glue Applied Labels, and Pressure Sensit

Published Date: | Report Code : PK1954764

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The QR Code Labels Market is projected to witness significant demand during the forecast period with increasing demand from major end-use industries such as Food & Beverages, Retail, Pharmaceuticals, Personal Care & Cosmetics, Automotive, Homecare & Toiletries, Chemicals, and Industrial Sector during the forecast period.

A QR Code is a two-dimensional code that is the more advanced version of the commonly used UPC Barcodes that are used on various items at shops, malls, etc. QR Codes have the data or the information stored in two-dimensional space and provides immediate and speedier reaction when scanned. QR Codes do not require any special scanner and can be effectively scanned through a smartphone. QR Codes hold much more data than the traditional barcodes and can be printed anywhere like on metal, paper, plastic, etc.

Segment Analysis:

QR codes are used in various applications which include inventory management, marketing and advertisement, security, mobile payments, and personal use. Also, they can be utilized in storing personal information for use by associations, store bank account information, or they can be explicitly designed to work with specific payment provider applications. There are several trial applications of QR code payments over the world. In developing countries, QR code payment is a very popular and convenient method of making payments.

Global QR code labels market is expanding with the growing industrialization and product manufacturing companies. Also, QR code labels have a much higher storage capacity as compared to conventional barcodes with a capacity of 20 numeric characters. Additionally, a majority of established companies manufacturing QR code labels are shifting their focus to waterproof QR code labels that efficiently withstand harsh weather conditions. These all factors are boosting the global QR code labels market.

Key Factors Impacting Market Growth:

  • Growing incorporation in seafood products and liquor bottles
  • Useful in storing information such as webpages, URLs, text, and contact information
  • Introduction of waterproof QR code labels
  • Availability of other payment options
  • Difficulty in scanning 

Regional Analysis:

The QR code labels market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for QR code labels market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of QR code labels market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for QR code labels market in this region. Major industries in these regions are estimated to be food & beverages, retail, pharmaceuticals, personal care & cosmetics, automotive, homecare & toiletries, chemicals, and industrial sector. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for QR code labels market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Lintec Corporation, CCL Industries, Packtica SDN Bhd, Label Logic, Inc., Hibiscus PLC, Data Label Co. UK., Advanced Labels NW, Coast Label Company, Label Impressions Inc., and Consolidated Label & Co… 

Market Segmentation:

By Label Type:

  • Sleeve Labels
  • Glue Applied Labels
  • Pressure Sensitive Labels

By Printing Technology:

  • Flexographic Printing
  • Digital Printing
  • Offset Lithography
  • Gravure Printing

By Application:

  • Product Tracking
  • Item Identification
  • Time Tracking
  • Document Management
  • General Marketing

By End-User:

  • Food & Beverages
  • Retail
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Automotive
  • Homecare & Toiletries
  • Chemicals
  • Industrial Sector

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Label Type
    • By Printing Technology
    • By Application
    • By End-User

Reasons to Buy This Report:

  • Market size estimation of the global QR code labels market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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