Global spoil detection based smart labels market 2015-2020

According to a new report by MarketsandMarkets (M&M), the global market for spoil detection based smart labels is expected to reach USD 1681.31 Million in 2020 at a CAGR of 11.80% for the forecast period 2014-2020.
Spoil detection-based smart labels can be used in various industries such as healthcare and pharmaceuticals. The pharmaceutical industry is currently facing issues such as product recalls or product returns due to overstocking or expiry. Sensing labels could play a key role in resolving these issues, by ensuring the authenticity of the products, thereby improving the product quality and safety along with reducing the cost (Press Release M&M, 9 November 2015).
Click here for the press release.
Click here for more information about the report.

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