The global Electronic Article Surveillance market reached a value of about USD 1205 million in 2021. The industry is projected to grow at a CAGR of around 3.6% in the forecast period of 2022-2027 to reach a value of about USD 1496 million by 2027.
The global Electronic Article Surveillance industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is being driven by modernising the retail sector paired with guarding against supply shortages, stealing, and theft. The Asia Pacific is the highest category spender by region, driving the demand for the Electronic Article Surveillance industry.
Electronic article surveillance (EAS) is a high-tech technology used to prevent stealing in retail stores, libraries, and other establishments that display merchandise. Components like tags and antennas are available on the electronic article surveillance (EAS) market. The Electronic Article Surveillance industry report comprises segments by Component (Tags, Antennas, Deactivators/Detachers), by Type (Acoustomagnetic, Electromagnetic, Radio Frequency, Microwave), End-Use (Apparel and Fashion Accessories Stores, Supermarkets and Mass Merchandise Stores, Drug and Health Product Stores, Others) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific is likely to rapidly develop in the sector as the Electronic article surveillance systems are likely to be in high demand in the clothes and fashion accessories, supermarkets, and mass merchandise industries as the number of retail establishments grows.
The market is driven by the need to secure items from theft and stealing with tags. Clothing and fashion accessory stores are the main drivers of industry demand; however, as the number of customers expands, so does the number of retail outlets, fuelling the growth of the tag market for electronic product monitoring. Supermarkets and mass merchandisers have started converting to innovative stores to deliver a better shopping experience in recent years. Multiple store operators are adopting new technologies in their supply chain and storefronts to keep up with the pace of changing shopping behaviour and the emergence of current trends, testing new delivery models, developing private labels, and forming partnerships with leading internet providers connectivity providers to expand their market presence. In the future years, the performance of the supermarket and mass merchandise businesses is expected to increase significantly.
The global Electronic Article Surveillance industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Electronic Article Surveillance regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Electronic article surveillance (EAS) alarm systems are activated when someone leaves a business or facility with a product that has an active tag or label attached to it; electronic article surveillance (EAS) alarm systems are activated. EAS systems are frequently used to prevent stealing in retailers and theft of costly items from public buildings. Retail shrinkage, inventory control, and supply chain management are all aided by integrating RFID technology into the traditional EAS tag. Without having to apply two different tags to their items, its retail customers may use RFID solutions for in-store inventory visibility while employing the EAS tags as a theft deterrent.
The advent of new technology-based retail automation solutions, such as electronic article surveillance, is propelling the sector forward by providing adaptable and easy-to-access goods to merchants and customers. The development of RF technology is being fueled by the rising usage of RF technology-based components in end-users such as clothing and fashion accessory stores, supermarkets and mass merchandise stores, and pharmacies and health product stores. RF technology also offers essential characteristics, such as a long detection range, easy installation and operation, lower false alarm rate, strong anti-interference ability, and high stability and durability, contributing to market growth.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
With many regional and worldwide competitors, the global Electronic Article Surveillance (EAS) system market is relatively competitive. Increased expenditures in R&D and innovation are likely to boost the market growth shortly and provide possible growth possibilities for new entrants in the coming years.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Merino Wool Market Analysis
8.1 Key Industry Highlights
8.2 Global Merino Wool Historical Market (2017-2021)
8.3 Global Merino Wool Market Forecast (2022-2027)
8.4 Global Merino Wool Market by Type
8.4.1 Worsted
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Woollen
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Merino Wool Market by Weave
8.5.1 Plain Weave
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.1.4 Breakup by Type
8.5.1.4.1 Tropical Wool
8.5.1.4.1.1 Market Share
8.5.1.4.1.2 Historical Trend (2017-2021)
8.5.1.4.1.3 Forecast Trend (2022-2027)
8.5.1.4.2 High-twist Wool
8.5.1.4.2.1 Market Share
8.5.1.4.2.2 Historical Trend (2017-2021)
8.5.1.4.2.3 Forecast Trend (2022-2027)
8.5.1.4.3 Hopsack
8.5.1.4.3.1 Market Share
8.5.1.4.3.2 Historical Trend (2017-2021)
8.5.1.4.3.3 Forecast Trend (2022-2027)
8.5.2 Twill
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.2.4 Breakup by Type
8.5.2.4.1 Serge
8.5.2.4.1.1 Market Share
8.5.2.4.1.2 Historical Trend (2017-2021)
8.5.2.4.1.3 Forecast Trend (2022-2027)
8.5.2.4.2 Worsted Flannel
8.5.2.4.2.1 Market Share
8.5.2.4.2.2 Historical Trend (2017-2021)
8.5.2.4.2.3 Forecast Trend (2022-2027)
8.5.2.4.3 Prunelle
8.5.2.4.3.1 Market Share
8.5.2.4.3.2 Historical Trend (2017-2021)
8.5.2.4.3.3 Forecast Trend (2022-2027)
8.5.2.4.4 Herringbone
8.5.2.4.4.1 Market Share
8.5.2.4.4.2 Historical Trend (2017-2021)
8.5.2.4.4.3 Forecast Trend (2022-2027)
8.5.2.4.5 Cavalry Twill
8.5.2.4.5.1 Market Share
8.5.2.4.5.2 Historical Trend (2017-2021)
8.5.2.4.5.3 Forecast Trend (2022-2027)
8.5.2.4.5 Others
8.6 Global Merino Wool Market by Application
8.6.1 Woven
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Knits
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Merino Wool Market by End Use
8.7.1 Apparel
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Innerwear
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Socks
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Home Textile
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Other Accessories
8.8 Global Merino Wool Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 Russia
9.2.3.2 Other CIS Countries
9.2.3.3 Spain
9.2.3.4 France
9.2.3.5 Germany
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 Australia
9.3.3.2 China
9.3.3.3 New Zealand
9.3.3.4 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Argentina
9.4.3.2 Uruguay
9.4.3.3 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 South Africa
9.5.3.2 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Overview
12.2 Detailed Process Flow
12.3 Operations Involved
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Südwolle Group
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Brown Sheep Company, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Indorama Ventures Public Company Limited
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Europa Wools Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Xinao textiles inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Yünsa A.S.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Laxtons Limited
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 Industry Events and Developments
The global Electronic Article Surveillance market size was valued at USD 1205 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 3.6%.
The increasing use of RF technology is one of the essential drivers of the Electronic Article Surveillance market growth.
Johnson Controls, ALL-TAG Corporation, Ketec, Inc., WG Global GmbH, and Safegear are some of the major players in the market.
The Asia Pacific region of the Electronic Article Surveillance industry holds a significant share in the market.
The global Electronic Article Surveillance market attained a value of USD 1205 million in 2021, driven by the need to protect goods against theft and stealing with tags. Aided by the growing technological advancements and the introduction of innovative technology-based retail automation solutions, such as RF technology-based components, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 3.6%. The market is projected to reach USD 1496 million by 2027. Some of the leading players in the industry are Johnson Controls, ALL-TAG Corporation, Ketec, Inc., WG Global GmbH, and Safegear.
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