Track and Trace Solutions Market worth US$ 12.71 billion by 2030 – Exclusive Report by Precedence Research

According to Precedence Research, during the forecast period of 2022 to 2030, the global track and trace solutions market is estimated to develop at a compound annual growth rate (CAGR) of 18%. The global track and trace solutions market was valued at USD 2.88 billion in 2021, and it is predicted to exceed USD 12.71 billion by 2030. The study investigates several elements and their consequences on the growth of the track and trace solutions market.

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Growth Factor

Some of the prominent influencers of the track and trace solutions market include rigorous standards and regulations for the execution of serialization, growing focus of producers on brand protection, and escalating number of packaging-related product recalls. Additionally, tremendous growth in the OTC and generic markets and developing medical device sector are flourishing the market growth. Augmented numbers of product recalls also impel the growth of track and trace solutions. As per the Food and Drug Administration (FDA), about 200 food connected recalls were revealed in in 2018. Consequently, the acceptance of track and trace solutions has become indispensable in the manufacturing sector regardless of the products being manufactured like medical device food & beverage and pharmaceutical industry.

Report Scope of the Track and Trace Solutions Market

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This report focuses on track and trace solutions market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall track and trace solutions market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Report Highlights

• Depending on different types of technologies, the track and trace solutions market is bifurcated into 2D barcodes, linear barcodes, and Radio Frequency Identification (RFID). Among these technologies, in terms of revenue, 2D barcodes accounted for the biggest market share in 2019.
• Growing number of forged drugs and rigorous government regulations for the application of serialization is pushing the growth of track and trace serialization solutions market
• 2D barcodes are favored for packaging above linear barcodes due to their higher data storage capability and feature of containing huge amounts of data with less variation in image size.
• Unexploited opportunities in the emerging regions are estimated to offer alluring future prospect to the track and trace solutions market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of track and trace solutions, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of track and trace solutions has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the track and trace solutions market.

Some of the prominent players in the track and trace solutions market include:

• Adents International
• Mettler-Toledo International, Inc
• Axway, TraceLink, Inc
• Optel Vision
• Siemens AG
• SeidenaderMaschinenbau GmbH
• Others

Segments Covered in the Report

By Technology

• RFID
• Barcode

 By Product

• Hardware Systems
  • Monitoring & Verification Solutions
  • Printing & Marking Solutions
  • Labeling Solutions
  • Others
• Software Solutions
  • Bundle Tracking Software
  • Plant Manager Software
  • Line Controller Software
  • Others

By Application

• Aggregation Solutions
  • Bundle Aggregation
  • Case Aggregation
  • Pallet Aggregation
• Serialization Solutions
  • Carton Serialization
  • Label Serialization
  • Bottle Serialization
  • Data Matrix Serialization

End-User

• Medical device Companies
• Pharmaceutical Companies
• Food and Beverage
• Healthcare
• Consumer Packaged Goods
• Luxury Goods
• Others

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

• What can be the best investment choices for venturing into new product and service lines?
• What value propositions should businesses aim at while making new research and development funding?
• Which regulations will be most helpful for stakeholders to boost their supply chain network?
• Which regions might see the demand maturing in certain segments in near future?
• What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
• Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
• Which government regulations might challenge the status of key regional markets?
• How will the emerging political and economic scenario affect opportunities in key growth areas?
• What are some of the value-grab opportunities in various segments?
• What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Track And Trace Solutions Market, By Product

7.1. Track And Trace Solutions Market, by Product Type, 2021-2030
7.1.1. Hardware Systems
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Software Solutions
7.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Track And Trace Solutions Market, By Technology

8.1. Track And Trace Solutions Market, by Technology, 2021-2030
8.1.1. RFID
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Barcode
8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Track And Trace Solutions Market, By Application

9.1. Track And Trace Solutions Market, by Application, 2021-2030
9.1.1. Aggregation Solutions
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Serialization Solutions
9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Track And Trace Solutions Market, By End-User

10.1. Track And Trace Solutions Market, by End-User, 2021-2030
10.1.1. Medical device Companies
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Pharmaceutical Companies
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Food and Beverage
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Healthcare
10.1.4.1. Market Revenue and Forecast (2019-2030)
10.1.5. Consumer Packaged Goods
10.1.5.1. Market Revenue and Forecast (2019-2030)
10.1.6. Luxury Goods
10.1.6.1. Market Revenue and Forecast (2019-2030)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Track And Trace Solutions Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.2. Market Revenue and Forecast, by Technology (2019-2030)
11.1.3. Market Revenue and Forecast, by Application (2019-2030)
11.1.4. Market Revenue and Forecast, by End-User (2019-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.1.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.6.2. Market Revenue and Forecast, by Technology (2019-2030)
11.1.6.3. Market Revenue and Forecast, by Application (2019-2030)
11.1.6.4. Market Revenue and Forecast, by End-User (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.2. Market Revenue and Forecast, by Technology (2019-2030)
11.2.3. Market Revenue and Forecast, by Application (2019-2030)
11.2.4. Market Revenue and Forecast, by End-User (2019-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.2.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Technology (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Application (2019-2030)
11.2.6.4. Market Revenue and Forecast, by End-User (2019-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Technology (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Application (2019-2030)
11.2.7.4. Market Revenue and Forecast, by End-User (2019-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.8.2. Market Revenue and Forecast, by Technology (2019-2030)
11.2.8.3. Market Revenue and Forecast, by Application (2019-2030)
11.2.8.4. Market Revenue and Forecast, by End-User (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.2. Market Revenue and Forecast, by Technology (2019-2030)
11.3.3. Market Revenue and Forecast, by Application (2019-2030)
11.3.4. Market Revenue and Forecast, by End-User (2019-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.3.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Technology (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Application (2019-2030)
11.3.6.4. Market Revenue and Forecast, by End-User (2019-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Technology (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Application (2019-2030)
11.3.7.4. Market Revenue and Forecast, by End-User (2019-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.8.2. Market Revenue and Forecast, by Technology (2019-2030)
11.3.8.3. Market Revenue and Forecast, by Application (2019-2030)
11.3.8.4. Market Revenue and Forecast, by End-User (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.2. Market Revenue and Forecast, by Technology (2019-2030)
11.4.3. Market Revenue and Forecast, by Application (2019-2030)
11.4.4. Market Revenue and Forecast, by End-User (2019-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.4.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Technology (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Application (2019-2030)
11.4.6.4. Market Revenue and Forecast, by End-User (2019-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Technology (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Application (2019-2030)
11.4.7.4. Market Revenue and Forecast, by End-User (2019-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.8.2. Market Revenue and Forecast, by Technology (2019-2030)
11.4.8.3. Market Revenue and Forecast, by Application (2019-2030)
11.4.8.4. Market Revenue and Forecast, by End-User (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Technology (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Application (2019-2030)
11.5.5.4. Market Revenue and Forecast, by End-User (2019-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.6.2. Market Revenue and Forecast, by Technology (2019-2030)
11.5.6.3. Market Revenue and Forecast, by Application (2019-2030)
11.5.6.4. Market Revenue and Forecast, by End-User (2019-2030)

Chapter 12. Company Profiles

12.1. Adents International
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Mettler-Toledo International, Inc
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Axway, TraceLink, Inc
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Optel Vision
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Siemens AG
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. SeidenaderMaschinenbau GmbH
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Others
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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