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The Barcode, Stickers, Labels, Tags Industry is around Rs. 2.5 billion & is growing at over 30-35% every year. The hardware-printers & scanners contribute equally to the 50% of this turnover while the consumables-tags, labels & ribbons has around 50 players.

The major international suppliers for barcode scanners & barcode printers have their presence in India. EAN India, an affiliate of EAN International has played a large role in creating awareness about barcodes while developing and implementing standards across the industry. AIDC Technology Association has helped organize the industry and bring transparency in its operations.

Courier, Logistic, auto & pharma industries are the active user of barcode. The largest growth segment is however, organised retail. The proliferation of malls & food bazaars is driving the growth in this segment. Logistics contributes around 10% of the barcode industry. Retail contributes around 40% & nearly 50% comes from all other industries like auto, pharma etc.

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