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EAS Tag Applicator Market: An Overview

Electronic article surveillance is a technological method for stopping shoplifting from a retail outlet. Special tags are fixed to merchandise. The electronic tags are deactivated by the teller during the billing of the products. If it’s not removed and someone tries to exist, a detection machine puts on the alarm and store members could sense of shoplifting. The function of EAS Tag is the detection of shoplifting by the security antenna located at the exit door. EAS tag applicators cater to the demand for majorly apparel and accessories stores, due to rising cases of shoplifting. EAS Tag applicator has been in demand for providing tags for jewelry & ornaments stores, as high-valued goods are to be manipulated by the patrons.

EAS Tag Applicator Market: Dynamics

The increasing crime of shoplifting has made a momentum for the demand of EAS Tag Applicator in all the regions of the world market. EAS Tag Applicator helps to generate tags used for all the products that have to be traded either on the retail market or industrial. EAS tag applicator generates tags that have radio frequency identifiers within the tag, to detect the product if someone tries to steal it from the premises.

The EAS tag applicator helps the manufacturers in keeping all the records digitally, as the key function of EAS tag is that it reflects all the information of the product once it’s been scanned. EAS Tag Applicator is economical methods of identifying the shoplifting attempted on the outlet at the global level, developing countries have a huge scope for the EAS tag applicator in upcoming years. EAS tag applicator caters to the needs of pharmaceuticals, food & beverages, mass merchandise outlets, Apparel & Fashion Accessories Stores. EAS Tag applicator market is anticipated to cater to the needs of administrative & regulatory bodies to use tags to check prisoners, livestock, trees, and many others to keep a check on them. EAS Tag Applicator. The United States of America bore a loss of US$ per shoplifting incident in 2018 was around $559, thus making the demand for EAS tag applicator at the global market to fight against shoplifting and manipulation. Radio-frequency technology is anticipated to capture the major share of EAS tag applicator market as with the change in time technology would be required in every set of packaging and it would work as a catalyst in the growth of EAS Tag applicator in upcoming years.

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EAS Tag Applicator Market: Segmentation

Globally, EAS Tag Applicator market segmented into many subsets.

By Capacity  

  • 200-300 RPM
  • 300-400 RPM
  • 400-500 RPM
  • 500 & Above RPM

By Tags

  • Sensormatic tags
  • Checkpoint tags

By Application

  • Top
  • Bottom
  • Side

By End User

  • Apparel and Fashion Accessories Stores
  • Supermarkets and Mass Merchandise Stores
  • Drugs Store
  • Health Products stores
  • Others

EAS Tag Applicator Market: Regional Outlook

The major countries of Africa and the Asia Pacific have been suffering a severe loss due to shoplifting, EAS Tag applicator is anticipated to be in great demand, and one of the important reasons that companies of developed economies are establishing its manufacturing units in the above-mentioned locations to meet economies of scale and add competitive advantage over its rivals. China is expected to be the world’s highest exporter and producer of EAS Tag applicator followed by India due to the efficient cost of its production. North America and Europe would be among the regions that would innovate the technology of EAS Tag Applicator. The digitalization has been spreading across the global market. This could be another factor to anticipate growth in the demand of EAS Tag applicator. 

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EAS Tag Applicator Market: Key Players

The leading companies operational in the EAS Tag Applicator market are Quadrel labeling solutions, Accraply, Weber packaging solutions, P.E.America,label-aire, Krones Inc., Barry-wehmiller among others and many indigenous and unorganized companies are likely to give to the worldwide EAS Tag Applicator market in the latest upcoming years.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Eas Tag Applicator Market

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