Global Electronic Shelf Edge Label Market Growth 2024-2030

Global Electronic Shelf Edge Label Market Growth 2024-2030

An Electronic Shelf Edge Label (ESL) is a small, battery-powered digital display that replaces traditional paper price tags on retail shelves. They're typically attached to the front edge of shelves and display product information and pricing in a dynamic and flexible way.

The global Electronic Shelf Edge Label market size is projected to grow from US$ 960.6 million in 2023 to US$ 2561.8 million in 2030; it is expected to grow at a CAGR of 15.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Electronic Shelf Edge Label Industry Forecast” looks at past sales and reviews total world Electronic Shelf Edge Label sales in 2023, providing a comprehensive analysis by region and market sector of projected Electronic Shelf Edge Label sales for 2024 through 2030. With Electronic Shelf Edge Label sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Shelf Edge Label industry.

This Insight Report provides a comprehensive analysis of the global Electronic Shelf Edge Label landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Shelf Edge Label portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Shelf Edge Label market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Shelf Edge Label and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Shelf Edge Label.

The Electronic Shelf Edge Label (ESL) Market: Booming with Innovation and Growth

The electronic shelf edge label (ESL) market is experiencing explosive growth, fueled by the numerous benefits these digital displays offer retailers compared to traditional paper tags.

Market Drivers:

Rising demand for operational efficiency: Retailers are increasingly seeking ways to streamline processes and reduce costs. Shelf Edge Labels automate price updates and inventory management, saving time and money.

Enhanced customer experience: Shelf Edge Labels provide clear, dynamic pricing and product information, leading to a more informed and convenient shopping experience for customers.

Omnichannel retailing: The integration of Shelf Edge Labels with online platforms and mobile apps allows for consistent pricing and product information across all channels.

Innovation and affordability: Advancements in display technology and production processes are making Shelf Edge Labels more affordable and accessible for a wider range of retailers.

Market Challenges:

Initial investment: Shelf Edge Labels can be more expensive upfront compared to paper tags, although long-term cost savings offset this.

Infrastructure requirements: Implementing Shelf Edge Labels may require upgrades to store network infrastructure and software systems.

Security concerns: Ensuring data security and protecting against cyberattacks is crucial for Shelf Edge Label systems.

The Shelf Edge Label market is expected to continue its rapid growth in the coming years, driven by increasing awareness of its benefits, technological advancements, and falling costs. We can expect to see:

Widespread adoption: Shelf Edge Labels will become a standard feature in a wider variety of retail stores, beyond supermarkets and large chains.

Advanced features: Shelf Edge Labels will integrate with other technologies like digital signage, augmented reality, and artificial intelligence to offer even more value to retailers and customers.

Personalization and interaction: Shoppers might interact with ESLs through touchscreens or QR codes for personalized recommendations and product information.

Overall, the Shelf Edge Label market is brimming with potential and innovation. This dynamic technology is poised to revolutionize the way product information and pricing are managed in retail, creating a more efficient, interactive, and customer-centric shopping experience for the future.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Shelf Edge Label market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
LCD Display
Full-Graphic E-Paper
Segmented E-Paper

Segmentation by application
Department Stores
Grocery or Supermarket
Specialty Stores
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SES-imagotag
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
Avery Berkel
In2Digital
Retail Solutions

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Shelf Edge Label market?

What factors are driving Electronic Shelf Edge Label market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Shelf Edge Label market opportunities vary by end market size?

How does Electronic Shelf Edge Label break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.