Security Labels Market, Growth Size, Revenue, Competitive Landscape
April 25, 2023 ⚊ 1 Min read ⚊ Views 61 ⚊ BLOG
Identification methods analyzed in the report are holographic, barcode, RFID, and others. The most notable growth was of the barcode segment in 2022, since these are extensively used in industries like pharmaceuticals, consumer good, retail and transportation logistics, to keep a track of their products and to locate the outgoing shipments as well as equipment. Barcodes are cost-effective, reliable, and the best method to gather the necessary data. RFID can, however, achieve the highest growth rate in the years to come, because of its high demand in supply chains
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