QYR Market Research Global Smart Labels market research | Page 6

QYResearch
• The global smart labels market has witnessed an increase in adoption in the
packaging industry, owing to the ability to provide a detailed information to
the customers about products with the use of digital technology and smart
devices. In addition, increase in demand for global smart labels market is
driven by its ability to provide real-time visibility of the product and rise in
demand for effective anti-theft devices, owing to security concerns.
Moreover, significant rise in consolidated industries and technological
advancements associated with the use in various applications, such as
healthcare, & pharmaceuticals, logistics, retail inventory, food & beverages,
and others, have further boosted the growth of global smart labels market.
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