Global Track and Trace Solutions Market Report 2021-2028:

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Dublin, June 16, 2021 (GLOBE NEWSWIRE) – The Track and Trace Solutions Market Size, Share and Trend Analysis Report by Product (Hardware, Software), by Technology (Barcodes, RFID), by Application (Serialization, Aggregation), by End Use, by Region and Segment Forecasts, 2021-2028 “ Report was added to ResearchAndMarkets.com to offer.

The global track and trace solutions market size is projected to reach $ 9.7 billion by 2028. The market is expected to grow at a CAGR of 19.0% from 2021 to 2028.

The growth is primarily due to the increasing focus of pharmaceutical and biopharmaceutical companies on brand protection against counterfeit products and theft. The use of a track-and-trace system helps manufacturers to increase the efficiency of their sales channels and reduce the frequency of product counterfeiting.

In addition, the increasing adoption of track-and-trace systems by healthcare manufacturers would fuel market growth in the long term. The introduction of advanced technologies such as RFID ensures fast reading and offers a high level of security. However, the cost of providing serialization and aggregation methods, as well as the lack of common regulations and standards, can hinder market growth in some developing countries.

The US-CBP and the customs of other member countries as well as the World Customs Organization reported the seizure of false coronavirus tests and personal protective equipment such as face masks and hand sanitisers.

In May 2020, for example, Smartrac teamed up with SUKU to validate COVID-19 test kits and personal protective equipment to enable immediate verification and ensure end-to-end supply chain transparency. Hence, it is estimated that the market will have lucrative growth opportunities due to the COVID-19 outbreak.

Highlights of the Tracking Solutions market report

  • The software solution was the largest revenue-generating segment in the market in 2020. This contribution is mainly due to the regulatory mandates to carry out serialization and aggregation in the healthcare sector.
  • The serialization solution was the segment with the highest sales in 2020. The increasing use of serialization in packaging for pharmaceuticals and medical devices will be a key factor in the growth of the segment.
  • The RFID segment is expected to show the fastest growth rate during the investigation period. The decisive factors for the growth of the segment are technological advantages such as high durability and reusability, more data storage capacity and no line of sight.
  • North America dominated the market in 2020. The increasing implementation of regulatory standards and regulations along with the high level of consumer acceptance of track and trace systems is expected to contribute to the growth of the market in the region.

Key topics covered:

Chapter 1 Methodology and Scope

Chapter 2 Summary

Chapter 3 Market Variables, Trends, and Scope for Track and Trace Solutions
3.1 Outlook on the market line
3.1.1 Outlook on the parent market
3.1.2 Additional market outlook
3.2 Penetration and growth perspective mapping
3.3 Analysis of the industry’s value chain
3.3.1 Cost structure analysis
3.3.2 Analysis of the user perspective
3.3.2.1 Analysis of consumer behavior
3.3.3 List of key end-users by region
3.4 Technology overview
3.4.1 Technology timeline
3.5 Regulatory framework
3.5.1 Regulatory Compliance, by Region, by End Use
3.6 Market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing focus of pharmaceutical and medical device manufacturers on brand protection
3.6.1.2 Favorable rules for serialization implementation
3.6.1.3 Unused opportunities in emerging regions
3.6.2 Market Restriction Analysis
3.6.2.1 High costs associated with implementing serialization
3.7 Market analysis tools for track & trace solutions
3.7.1 Industry analysis – Porter’s
3.7.2 PESTEL analysis
3.7.3 Analysis of important deals and strategic alliances
3.7.4 Market entry strategies
3.7.5 case studies

Chapter 4 Covid-19 Impact Analysis

Chapter 5 Track and Trace Solutions Market- Competitive Analysis
5.1 Company categorization
5.2 Provider landscape
5.2.1 List of the most important distributors and channel partners
5.3 Public Enterprises
5.3.1 Analysis of the company’s market position
5.3.2 Analysis of the market shares of major companies, 2020
5.3.3 Competitive Dashboard Analysis
5.3.3.1 Market differentiations
5.4 Private companies
5.4.1 List of major emerging companies
5.4.2 Regional network plan
5.4.3 Analysis of the company’s market position

Chapter 6 Track and Trace Solutions Market: Product Estimates and Trending Analysis
6.1 Definition & scope
6.2 Analysis of the product market share, 2020 & 2028
6.3 Segment dashboard
6.4 Global Track and Trace Solutions Market by Product, 2016 to 2028
6.5 Market size & forecasts and trend analysis, 2016 to 2028
6.6 Hardware systems
6.6.1 Hardware Systems Market, 2016 to 2028 (in MILLION USD)
6.6.1.1 Printing and marking solutions
6.6.1.2 Monitoring and verification solutions
6.6.1.3 Identification solutions
6.7 Software solutions
6.7.1 Software Solutions Market, 2016 to 2028 (in MILLION USD)
6.7.1.1 Plant manager software
6.7.1.2 Line controller software
6.7.1.3 Bundle Tracking Software
6.7.1.4 Other software solutions
6.7.1.5 Hardware Systems Market by End Usage, 2016 to 2028 (MILLION USD)
6.7.1.6 Software Solutions Market by End Usage, 2016 to 2028 (US $ Mn)

Chapter 7 Track And Trace Solutions Market: Technology Estimates and Trending Analysis
7.1 Definition & scope
7.2 Technology Market Share Analysis, 2020 & 2028
7.3 Segment dashboard
7.4 Global Track And Trace Solutions Market By Technology, 2016-2028
7.5 Market size & forecasts and trend analyzes, 2016 to 2028
7.5.1 Barcodes
7.5.2 RFID

Chapter 8 Track And Trace Solutions Market: Application Estimates and Trending Analysis
8.1 Definition & scope
8.2 Analysis of the market shares of applications, 2020 & 2028
8.3 Segment dashboard
8.4 Global Track and Trace Solutions Market by Application, 2016 to 2028
8.5 Market size & forecasts and trend analysis, 2016 to 2028
8.6 Serialization Solutions
8.6.1 Serialization Solutions Market, 2016 to 2028 (in MILLION USD)
8.6.1.1 Bottle serialization
8.6.1.2 Label serialization
8.6.1.3 Box serialization
8.6.1.4 Datamatrix serialization
8.7 Aggregation Solutions
8.7.1 Aggregation Solutions Market, 2016 to 2028 (in MILLION USD)
8.7.1.1 Case Aggregation
8.7.1.2 Bundle aggregation
8.7.1.3 Pallet aggregation

Chapter 9 Track And Trace Solutions Market: End Usage Estimates and Trend Analysis
9.1 Definition & scope
9.2 End Use Market Share Analysis, 2020 & 2028
9.3 Segment dashboard
9.4 Global Track and Trace Solutions Market, by End Use, 2016 to 2028
9.5 Market size & forecasts and trend analysis, 2016 to 2028
9.5.1 Pharmaceutical and Biopharmaceutical Companies
9.5.2 Manufacturers of medical devices
9.5.3 Healthcare Others
9.5.4 Eating and drinking
9.5.5 Consumer Goods
9.5.6 Luxury goods

Chapter 10 Track and Trace Solutions Market: Regional Estimates and Trending Analysis
10.1 Regional market snapshot
10.2 Regional Market Share and Leading Players, 2020

Chapter 11 Company Profile

  • Axway
  • Mettler-Toledo International, Inc.
  • Optel vision
  • Tracelink, Inc.
  • Adents International
  • Antares Vision Srl
  • Siemens AG
  • Seidenader Maschinenbau GmbH
  • ACG worldwide
  • Systech, Inc.

For more information on this report, see https://www.researchandmarkets.com/r/6tjxbx


        



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