RFID Risk and Facts
Market, Technology, Policy & Management risk
Market growth in different industry
RFID projected growth
Annual volume in China
Market risk
The popularity of smart label is getting higher and higher, and the use of smart label has also increased steadily by 25 – 35% in recent years.
Among them, the growth of clothing retail industry is the most obvious. Decathlon / UNIQLO / Zara / H & M / Hailan home and other well-known brands have used smart labels as the main carrier of data collection at logistics / warehousing / Traceability / retail end, and the value of smart label has been generally recognized by the clothing retail industry.
However, it is limited to rely solely on the clothing industry. This sudden epidemic has also verified this point. Under the impact of clothing retail industry, the demand for smart labels has also been affected. Therefore, the healthy development of the industry needs to find a broader application scenario and target industry. Fortunately, in the past two years, these industries have gradually surfaced.
One is supermarket retail, that is, convenience stores / supermarkets. This year, Wal Mart has begun to use smart labels, replacing the previous "one item, one code" with "one item, one chip"; domestic leading logistics enterprises have also determined to start using smart labels in the second half of the year, and the first batch of batch testing will reach 100 million pcs, it will gradually expand the use next year, and other express logistics enterprises have begun to take action. It is important to know that the number of domestic logistics items is 80billion……
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