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Retail Security Tag Trends and Forecast
The future of the global retail security tag market looks promising with opportunities in the apparel & fashion accessory and cosmetic & pharmaceutical applications. The global retail security tag market is expected to reach an estimated $1 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing rate of shoplifting, growing adoption of RFID technology, and rising demand for electronic article surveillance systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Retail Security Tag by Segment
The study includes a forecast for the global retail security tag by material, technology, application, and region.
Retail Security Tag Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Paper
• Plastic
• Metal
Retail Security Tag Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• RF
• RFID
Retail Security Tag Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Apparel & Fashion Accessories
• Cosmetic & Pharmaceuticals
• Others
Retail Security Tag Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Retail Security Tag Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies retail security tag companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the retail security tag companies profiled in this report include-
• Avery Dennison
• 3M
• Alien Technology
• Brady
• Sensormatic Electronics
• Checkpoint Systems
• HP
Retail Security Tag Market Insights
Lucintel forecasts that plastic will remain the largest segment over the forecast period due to its features like more durability and weather-resistant than paper tags.
Within this market, apparel & fashion accessory will remain the largest segment due to substantial usage of security tags in high-value items to avoid robbery.
APAC will remain the largest region over the forecast period due to continual growth of population and rapid economic development in the region.
Features of the Global Retail Security Tag Market
Market Size Estimates: Retail security tag market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Retail security tag market size by material, technology, application, and region in terms of value ($B).
Regional Analysis: Retail security tag market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different materials, technologies, applications, and regions for the retail security tag market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the retail security tag market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the retail security tag market size?
Answer: The global retail security tag market is expected to reach an estimated $1 billion by 2030.
Q2. What is the growth forecast for retail security tag market?
Answer: The global retail security tag market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the retail security tag market?
Answer: The major drivers for this market are increasing rate of shoplifting, growing adoption of RFID technology, and rising demand for electronic article surveillance systems.
Q4. What are the major segments for retail security tag market?
Answer: The future of the retail security tag market looks promising with opportunities in the apparel & fashion accessory and cosmetic & pharmaceutical applications.
Q5. Who are the key retail security tag market companies?
Answer: Some of the key retail security tag companies are as follows:
• Avery Dennison
• 3M
• Alien Technology
• Brady
• Sensormatic Electronics
• Checkpoint Systems
• HP
Q6. Which retail security tag market segment will be the largest in future?
Answer: Lucintel forecasts that plastic will remain the largest segment over the forecast period due to its features like more durability and weather-resistant than paper tags.
Q7. In retail security tag market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to continual growth of population and rapid economic development in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the retail security tag market by material (paper, plastic, and metal), technology (RF and RFID), application (apparel & fashion accessories, cosmetic & pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Retail Security Tag Market, Retail Security Tag Market Size, Retail Security Tag Market Growth, Retail Security Tag Market Analysis, Retail Security Tag Market Report, Retail Security Tag Market Share, Retail Security Tag Market Trends, Retail Security Tag Market Forecast, Retail Security Tag Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Retail Security Tag Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Retail Security Tag Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Retail Security Tag Market by Material
3.3.1: Paper
3.3.2: Plastic
3.3.3: Metal
3.4: Global Retail Security Tag Market by Technology
3.4.1: RF
3.4.2: RFID
3.5: Global Retail Security Tag Market by Application
3.5.1: Apparel & Fashion Accessories
3.5.2: Cosmetic & Pharmaceuticals
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Retail Security Tag Market by Region
4.2: North American Retail Security Tag Market
4.2.2: North American Retail Security Tag Market by Application: Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Others
4.3: European Retail Security Tag Market
4.3.1: European Retail Security Tag Market by Material: Paper, Plastic, and Metal
4.3.2: European Retail Security Tag Market by Application: Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Others
4.4: APAC Retail Security Tag Market
4.4.1: APAC Retail Security Tag Market by Material: Paper, Plastic, and Metal
4.4.2: APAC Retail Security Tag Market by Application: Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Others
4.5: ROW Retail Security Tag Market
4.5.1: ROW Retail Security Tag Market by Material: Paper, Plastic, and Metal
4.5.2: ROW Retail Security Tag Market by Application: Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Retail Security Tag Market by Material
6.1.2: Growth Opportunities for the Global Retail Security Tag Market by Technology
6.1.3: Growth Opportunities for the Global Retail Security Tag Market by Application
6.1.4: Growth Opportunities for the Global Retail Security Tag Market by Region
6.2: Emerging Trends in the Global Retail Security Tag Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Retail Security Tag Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Retail Security Tag Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Avery Dennison
7.2: 3M
7.3: Alien Technology
7.4: Brady
7.5: Sensormatic Electronics
7.6: Checkpoint Systems
7.7: HP
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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