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Companiesandmarkets.com: Apparel RFID Market Set to Hit 20 billion Tags in 2021

LONDON - (BUSINESS WIRE) - A new report on companiesandmarkets.com states that the apparel RFID market will see 20 billion RFID tags in 2021.

Apparel RFID 2011-2021

http://www.companiesandmarkets.com/Market-Report/apparel-rfid-2011-2021-683133.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

The RFID tagging of apparel is now the largest and fastest growing application of RFID in retailing, the retail supply chain and associated industries. About 100 organizations are tagging apparel in trials and rollouts. Just two - taken together - will buy 500 million tags yearly. According to new analysis, the systems and tag business concerned with apparel RFID will grow at double the rate of the overall RFID market through the next ten years. The market for tagging retail apparel will grow to demand 20 billion RFID tags annually in 2021, with $1 Billion spent on RFID tags alone that year for this application.

This new report 'Apparel RFID 2011-2021' has detailed sector analysis and ten year forecasts, with 2010 figures for comparison. It gives numbers, unit prices and total market values for retail/ retail supply chain and separately for laundry/ rented apparel for the next ten years. It looks at the contest between proprietary and EPC systems, the 2010 Wal-Mart initiative and the companies that are ahead of it, with consideration of technology, regional and other trends. For example, the merging of retail and laundry tag technology and the frequency issues are considered. In this report, there are a remarkable 112 case studies of users of apparel RFID and what they are doing right and wrong.

Those purchasing this report get three months free access to the world's largest database of RFID projects, a unique RFID Knowledgebase of over 4,000 case studies in 111 countries with 4,123 suppliers and users covered and 770 slide shows and audio accessible with auto-generation of graphs. This is updated weekly so you will capture the next apparel advances whether under manufacturing, logistics, laundry/ rental or retail/ retail supply chain categorization in the searchable database. You also get one hour of free consultancy by phone or email to answer your remaining questions.

Report Details: http://www.companiesandmarkets.com/Market-Report/apparel-rfid-2011-2021-683133.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

Paul Chapman
Press Office
Companies & Markets
enquiries@companiesandmarkets.com
London (UK): +44 (0) 203 086 8600