Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 RFID is alive and well, says Avery strategist - Label and Narrow Web
Breaking News

RFID is alive and well, says Avery strategist

Narrow web industry observers might think that the RFID “wave” has hit a difficult spot in the road, but that’s not so, according to Stan Drobac, VP of RFID strategy for Avery Dennison. “From any objective perspective, it is a terrific market that is growing very fast, at least 50 percent a year,” he said during an interview at Labelexpo.

Avery Dennison’s RFID division makes inlays (containing the necessary chip and antenna) which are incorporated by converters into RFID labels and tags. “We tripled our business last year,” Drobac said. Europeans, whose enthusiasm for RFID has followed that of North Americans, are interested in pursuing it, he adds, “but they don’t know when to jump in.”

“From the way the industry is acting, you’d think that there was a downturn in RFID,” he said. “That’s not so. The market never turned down. We just haven’t had the floodgates open yet. Overinvestment created a bit of a hangover, but it’s a growing market.”

Add us as a preferred source on Google

Get the latest Label and Narrow Web news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Label and Narrow Web Newsletters