QYR Market Research Global Smart Labels market research | Page 4

QYResearch
• The Smart Labels industry was 5052.54 million USD in 2017 and is
projected to reach 16594.49 million USD by 2025, at a CAGR
(Compounded Annual Growth Rate) of 16.03% between 2017 and 2025.
The market is driven by various end-user industries, such as automotive,
healthcare & pharmaceutical, logistic, retail, manufacturing, etc. as the
downstream consumption usually follows with developed and rapid
economic growth areas, such as BRICS, the developed areas’ company
prefers investing to underdevelopment regions these years.
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