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.