Inventory Tags Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Inventory Tags Market Share and it is segmented by Technology (RFID, Barcodes), Type (Plastic, Paper, Metal), End-user Industry (Industrial, Retail, Transportation & Logistics), and Geography (North America, Europe, Asia Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Inventory Tags Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Inventory Tags Market Size

Inventory Tags Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.70 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Inventory Tags Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Inventory Tags Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Inventory Tags Market Analysis

The Inventory Tags Market is expected to register a CAGR of 4.7% during the forecast period.

  • Works towards normalization, growing application segments, increasing awareness of using inventory tags, augmented integration of advanced technologies to improve existing technology, and mounting knowledge among the general population are major factors that drive the growth of the global inventory tags market. Moreover, rising disposable incomes in developing economies are expected to augment demand for several retail products. This is another primary factor anticipated to propel the global inventory tags market growth.
  • Inventory tags connected to products help secure identification and tracking, reduce human error, and hence assist in effective supply chain management. Inventory tags provide detailed information about products that can later be used and even let the stock be tracked, making warehousing and logistics opt just in time for their inventories.
  • When inventory levels are chronically inaccurate, it is next to impossible to manage replenishment schedules, leading to stockouts. It also leads to poor customer experience as customers must either wait longer to receive their orders or face canceled orders once the error is realized. The average U.S. retail operation has an inventory accuracy of only 63 %. American businesses have yet to get on the proper inventory management for preventing leading to errors, lost opportunity, and increased costs. Inventory and accounts receivable and accounts payable have tied up USD 1.1 trillion in cash, equivalent to 7% of the U.S. GDP (source REL). This caters to the market penetration for the inventory tags in the region.
  • Furthermore, inventory tags are used by the hospitals to create smart cabinets where all medications or other products that are being brought into a hospital are being put. These smart cabinets sync with the hospitals' inventory management systems, making it easier for authorized personnel to locate products when required. These smart cabinets can have huge budget ramifications. After implementing an RFID tracking system, Adventist Health White Memorial in Los Angeles reduced its manual inventory counting time by 67% and costs by USD 120,000 per year by using products before expiration.
  • Furthermore, the impact of Covid-19 disrupted the supply chain distribution in significant industries., which has directly impacted the sales of inventory tags. To contain the spread of the virus, Governments in various countries imposed curfews and quarantines across the country from the end of January 2020 onwards. This has affected the economy, as many production sites closed to reduce possible contact between individuals.

Inventory Tags Industry Overview

The inventory tags market is moderately competitive and consists of many global and regional players. These players account for a considerable share of the market and focus on expanding their customer base across the globe. These vendors focus on the research and development investment in introducing new solutions, strategic alliances, and other organic & inorganic growth strategies to earn a competitive edge over the forecast period. In may 2022, The Technology Innovation Development Facility (TIDC), a pioneering Radio Frequency Identification ("RFID") inlay Research & Development (R&D) center and production hub, was opened by SML Group ("SML"), a global leader in digital identification technology and solutions. The new center is a component of SML's long-term strategic ambitions as it works to build the technology ecosystem needed to support increasingly global operations that involve a larger client base as they move toward a future where everything will be identified digitally across markets.

Inventory Tags Market Leaders

  1. 3M Company

  2. Avery Dennison Corporation

  3. Alien Technology, LLC

  4. Brady Worldwide, Inc.

  5. Zebra Technologies Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Inventory Tags Market Concentration
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Inventory Tags Market News

  • May 2022: A leader in trusted identity solutions globally, HID Global, recently announced the acquisition of Vizinex RFID. The acquisition expands HID Global's reach and importance in important vertical areas like healthcare/medical, manufacturing, oil & gas, data centers, etc. It brings crucial technology to the company's market-leading RFID tag portfolio.
  • May 2022: Kerala, India, is now fitting its cattle with a radio-frequency identification (RFID) microchip to build a sizable database on its livestock and enhance the animal's traceability. J. Chinchurani, the minister for animal husbandry, officially started the distribution of the microchip and reader to kick off the initiative, which is being started as a pilot in the State. The Department of Animal Husbandry is putting this program, known as E-Samridha, into action in collaboration with the Kerala University of Digital Sciences, Innovation, and Technology.

Inventory Tags Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables and Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Real-Time Tracking
    • 4.2.2 Provides Protection Against Loss, Theft, and Counterfeiting
    • 4.2.3 Remote Identification of Products
  • 4.3 Market Restraints
    • 4.3.1 High Cost Associated with Software and Equipment Integration
  • 4.4 Industry Attractiveness - Porter Five Forces
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Assessment of COVID-19 on the Industry

5. MARKET SEGMENTATION

  • 5.1 Technology
    • 5.1.1 RFID
    • 5.1.2 Barcodes
    • 5.1.3 Other Technologies
  • 5.2 Type
    • 5.2.1 Plastic
    • 5.2.2 Paper
    • 5.2.3 Metal
    • 5.2.4 Other Types
  • 5.3 End-user Industry
    • 5.3.1 Industrial
    • 5.3.2 Retail
    • 5.3.3 Transportation & Logistics
    • 5.3.4 Other End-user Industries
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.2 Europe
    • 5.4.3 Asia Pacific
    • 5.4.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Avery Dennison Corporation
    • 6.1.2 3M Company
    • 6.1.3 Zebra Technologies Corporation
    • 6.1.4 Alien Technology, LLC
    • 6.1.5 Brady Worldwide, Inc.
    • 6.1.6 Tyco International Plc
    • 6.1.7 Smartrac N.V.
    • 6.1.8 Johnson Controls International Plc
    • 6.1.9 Cenveo Corporation
    • 6.1.10 Checkpoint Systems, Inc.
    • 6.1.11 Hewlett Packard Enterprise Development LP
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Inventory Tags Industry Segmentation

Inventory tags are labeled to several goods to supervise workers while counting products and recognizing the number, type, and color of items. Inventory Tags are fastened to inventory items to give the requisite information about the finished products, raw materials, and other stored elements. In the report scope, the existing technology provider landscape is also covered, which consists of major players operating in the market. The study also focuses on the impact of COVID-19 on the market ecosystem.

The inventory Tags Market is segmented by Technology (RFID, Barcodes), Type (Plastic, Paper, Metal), End-user Industry (Industrial, Retail, Transportation & Logistics), and Geography (North America, Europe, Asia Pacific, and Rest of the World).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Technology RFID
Barcodes
Other Technologies
Type Plastic
Paper
Metal
Other Types
End-user Industry Industrial
Retail
Transportation & Logistics
Other End-user Industries
Geography North America
Europe
Asia Pacific
Rest of the World
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Inventory Tags Market Research FAQs

What is the current Inventory Tags Market size?

The Inventory Tags Market is projected to register a CAGR of 4.7% during the forecast period (2025-2030)

Who are the key players in Inventory Tags Market?

3M Company, Avery Dennison Corporation, Alien Technology, LLC, Brady Worldwide, Inc. and Zebra Technologies Corporation are the major companies operating in the Inventory Tags Market.

Which is the fastest growing region in Inventory Tags Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Inventory Tags Market?

In 2025, the North America accounts for the largest market share in Inventory Tags Market.

What years does this Inventory Tags Market cover?

The report covers the Inventory Tags Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Inventory Tags Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Inventory Tags Industry Report

Statistics for the 2025 Inventory Tags market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Inventory Tags analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.