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Avery Dennison Acquires Smartac’s RFID Inlay Business

Addition strengthens Avery Dennison’s position in industrial segment, also adds to its HF and LF capabilities.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

RFID is a rapidly growing field, ranging from retail (apparel and other goods) to industrial markets and inventory control. In its 2019 report, “RFID Forecasts, Players and Opportunities 2019-2029,” IDTechEx estimated the value of the RFID ecosystem, including tags, readers, software and services, at $11.6 billion in 2019, growing to $15.2 billion by 2024. For apparel alone, IDTechEx figures that more than 10 billion RFID tags are used annually, or about 10% of the apparel market. There is plent...

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