Electronic Shelf Labels Market Entry Strategies, Counter
measures of Economic Impact Channels to 2026
Electronic Shelf Labels Market research provides industry analysis
by type, manufacturer, application along with key factors
influencing the growth of the market which include growth drivers,
restraints, opportunities and challenges, strategically profile key
players and comprehensively analyze their market share and core
competencies.
The Global Electronic Shelf Label Market was valued at US$ 366.8 million in 2015 and is
estimated to grow at 12.9% CAGR during the forecast period (2017–2025), as highlighted in
latest study. Increasing cost of labor, across developed economies including Europe and North
America, has led to significant increase in demand for retail automation products to reduce the
cost and time invested in the shelf labelling process. This is expected to be among the prominent
factors
driving
the
business
growth.
Download PDF Brochure @
https://www.coherentmarketinsights.com/insight/request-pdf/593
High overall costs of paper tags and labels, long time required to update the labels, large amount
of waste generation, high probability of human errors and increasing requirement of retailers to
upgrade prices to attract customers are among the major drawbacks of the conventional
methods for the labelling of store shelves. ESLs can be utilized to address these drawbacks and
garner interactive consumer environment that can significantly enhance the sales. These factors
are expected to present strong growth prospects for the electronic shelf label market through the
forecast period.