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Electronic Article Surveillance Market by Component (Tags, Antennas & Detachers), Technology, End User (Apparel & Fashion Accessories Stores, Supermarket & Mass Merchandise Stores, Drug & Health Product Stores), and Geography - Global Forecast to 2024

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Date: 04-Jul-2019
No. of pages: 111
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“Electronic article surveillance market to grow at CAGR of 3.6% from 2019 to 2024.”

The electronic article surveillance (EAS) market is expected to grow from USD 981 million in 2019 to USD 1,173 billion by 2024, at a CAGR of 3.6%. Protection against inventory losses, shoplifting, and theft and modernizing retail sector are the major driving factors for the market growth during the forecast period. However, additional investment required implementing EAS systems and the high adoption rate of RFID technology in the retail sector is likely to hinder the growth of the electronic article surveillance market in the future.

The major applications of EAS systems in the retail industry include tracking for apparel, general merchandise, sports goods, luggage, power tools, jewelry, eyewear, etc. EAS systems are popular among both retailers, and source tagging manufacturers and distributors. Apart from the retail sector, EAS labels also find application in tracking goods such as food, drugs, and books; are the factors that propel the growth of the electronic article surveillance market.

“Tags to grow at the highest CAGR during the forecast period.”

Tags provide superior protection for goods to reduce theft and shoplifting. The EAS tags are available based on technologies such as accoustomagnetic, electromagnetic, radio frequency, and microwave. In response to modernizing the retail sector, retail stores are transforming from traditional stores to modern stores with more automation. Also, due to the growing number of consumers, the number of retail stores is rising at a rapid pace, propelling the growth of the EAS market for tags. The major demand for EAS tags is from apparel and fashion accessories stores.

“Apparel and fashion accessories stores to hold the largest market share during the forecast period.”

Apparel and fashion accessories stores are among the major businesses in terms of revenue, investment, trade, and job creation. An urge to catering to the growing demand for latest apparels and fashion accessories creates a need for a huge number of stores with technologically advanced systems—such as EAS and video surveillance—for reducing revenue loss. The industry has been undergoing the transitional shift over the last few years as the users’ buying preference is shifting to the latest stylish outfits, trying to replicate themselves as the elite section of the modern society. In response to this, retail stores are transforming from traditional stores to modern stores with more automation, owing to fuel the growth of the EAS market in this segment.

“APAC to record the highest growth rate during the forecast period.”

The market in APAC is expected to exhibit the highest growth rate in the electronic article surveillance market. The growth is attributed mainly to increasing developments in the field of retail. The retail vertical is thriving because of strong economic growth, rising consumerism, rising standards of living, increasing disposable incomes, and changing lifestyles; this is expected to increase the demand for electronic article surveillance in this region. Countries such as China, India, Australia, Singapore, Thailand, and Malaysia are expected to witness higher growth in the electronic article surveillance market.

In the process of determining and verifying the market sizes for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:


  • By Company Type: Tier 1 =30%, Tier 2 =25%, and Tier 3 =45%

  • By Designation: C-Level Executives =35%, Directors =45%, and Others =20%

  • By Region: North America =45%, Europe =15%, APAC =35%, and RoW=5%


Key players in the market include Checkpoint Systems (Canada), Johnson Controls (Ireland), Agon Systems (UK), ALL-TAG Corporation (US), Amersec (Czech Republic), TAG Company (UK), Ketec (US), WG Security Products (US), Softdel (US), Shenzhen Emeno Technology (China), Cross Point (The Netherland), Takachiho Koheki (Japan), Stanley Security (US), Shopguard Systems (Hungary), Dexilon Automation (Spain), Feltron Security Systems (UAE), and Sentry Custom Security (Canada).

Research Coverage:

The report defines, describes, and forecasts the electronic article surveillance market based on component, technology, end user, and geography. It provides detailed information regarding the major factors influencing the growth of the electronic article surveillance market (drivers, restraints, opportunities, and challenges). It also analyzes the competitive developments—such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches—carried out by key players to grow in the market.

Reasons to Buy the Report:


  • Illustrative segmentation, analysis, and forecast pertaining to the electronic article surveillance market based on component, technology, end user, and geography have been conducted to provide an overall view of the electronic article surveillance market.

  • Major drivers, restraints, opportunities, and challenges for the electronic article surveillance market have been detailed in this report.

  • The report includes a detailed competitive landscape of the key players in the market and their ranking.

Electronic Article Surveillance Market by Component (Tags, Antennas & Detachers), Technology, End User (Apparel & Fashion Accessories Stores, Supermarket & Mass Merchandise Stores, Drug & Health Product Stores), and Geography - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Geographic Coverage
1.3.2 Years Considered
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Overall Electronic Article Surveillance Market
4.2 Electronic Article Surveillance Market, By End User
4.3 Electronic Article Surveillance Market in APAC, By End User and Country
4.4 Electronic Article Surveillance Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Protection Against Inventory Losses, Shoplifting, and Theft
5.2.1.2 Modernizing Retail Sector
5.2.2 Restraints
5.2.2.1 Additional Investment Required to Implement EAS Systems
5.2.2.2 High Adoption Rate of RFID Technology in Retail Sector
5.2.3 Opportunities
5.2.3.1 Growing Inclination Toward Digital Operations
5.2.3.2 High Growth Potential in Emerging Economies
5.2.4 Challenges
5.2.4.1 Reluctance of Retailers

6 Electronic Article Surveillance Market, By Component
6.1 Introduction
6.2 Tags
6.2.1 Tags to Dominate EAS Market With Largest Share During Forecast Period
6.3 Antennas
6.3.1 Growing Adoption of EAS Systems for Protection Against Inventory Loss to Drive Growth of Market for Antennas During Forecast Period
6.4 Deactivators/Detachers
6.4.1 Increasing Number of Retail Stores to Drive Growth of Market for Detachers During Forecast Period

7 Electronic Article Surveillance Market, By Technology
7.1 Introduction
7.2 Acoustomagnetic
7.2.1 Apparel and Fashion Accessories Stores to Be Major Users of EAS Systems for Acoustomagneric Technology During Forecast Period
7.3 Electromagnetic
7.3.1 Increasing Number of Retail Stores to Drive the Growth of EAS Market for EM Technology During Forecast Period
7.4 Radio Frequency
7.4.1 Rf Technology to Dominate EAS Market With Largest Market Share During Forecast Period
7.5 Microwave
7.5.1 Modernizing Retail Sector Driving the Growth of EAS Market for Microwave Technology

8 Electronic Article Surveillance Market, By End User
8.1 Introduction
8.2 Apparel and Fashion Accessories Stores
8.2.1 Apparel and Fashion Accessories Stores to Hold Major Share of the EAS Market During Forecast Period
8.3 Supermarkets and Mass Merchandise Stores
8.3.1 Supermarkets and Mass Merchandise to Witness Highest Growth Rate for EAS Market During Forecast Period
8.4 Drug and Health Product Stores
8.4.1 North America to Hold Major Share of EAS Market for Drug and Health Product Stores During Forecast Period
8.5 Others
8.5.1 APAC to Witness Highest Growth Rate for EAS Market for Other End User During Forecast Period

9 Geographic Analysis
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 US to Hold Major Share of EAS Market in North America During Forecast Period
9.2.2 Canada
9.2.2.1 Increasing Number of Global Retailers Drives Growth of EAS Market in Canada
9.2.3 Mexico
9.2.3.1 Apparels and Fashion Accessories Stores, and Supermarkets and Mass Merchandise Stores to Be Major Users of EAS Systems in Mexico
9.3 Europe
9.3.1 UK
9.3.1.1 UK to Witness Surge in Demand for EAS Systems During Forecast Period
9.3.2 Germany
9.3.2.1 Germany to Lead EAS Market in Europe With Largest Size During Forecast Period
9.3.3 France
9.3.3.1 High Number of Apparel and Fashion Accessories, and Supermarket Stores to Contribute to Market in France
9.3.4 Spain
9.3.4.1 Growing Investment in Retail Sector for Upgrading Stores Drives Growth of EAS Market in Spain
9.3.5 Italy
9.3.5.1 Growing Retail Space in Italy to Propel Growth of EAS Market During Forecast Period
9.3.6 Rest of Europe
9.3.6.1 Market in Rest of Europe to Grow on Back of Apparel and Fashion Accessories Stores, and Supermarkets and Mass Merchandise Stores
9.4 APAC
9.4.1 China
9.4.1.1 China to Dominate EAS Market in APAC With Largest Market Share During Forecast Period
9.4.2 Japan
9.4.2.1 Japan to Witness High Demand for EAS Systems for Apparel and Fashion Accessories and Supermarket Stores During Forecast Period
9.4.3 South Korea
9.4.3.1 Elevating Number of Shopping Malls and Retail Outlets Driving Growth of EAS Market in South Korea
9.4.4 India
9.4.4.1 India to Register High CAGR in EAS Market in APAC During Forecast Period
9.4.5 Rest of APAC
9.4.5.1 EAS Market to Grow Rapidly in Australia, Taiwan, Thailand, and Singapore During Forecast Period
9.5 RoW
9.5.1 Middle East and Africa
9.5.1.1 High Growth Opportunities are Expected in Middle East and Africa During Forecast Period
9.5.2 South America
9.5.2.1 Growing Urbanization and Increasing Number of Retail Stores Drives Growth of EAS Market in South America

10 Competitive Landscape
10.1 Overview
10.2 Ranking Analysis of Key Players in EAS Market
10.3 Competitive Situations and Trends
10.3.1 Product Launches and Developments
10.3.2 Agreements, Partnerships, Collaborations, and Joint Developments
10.3.3 Expansions

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Key Players
11.1.1 Checkpoint Systems
11.1.2 Johnson Controls
11.1.3 Nedap
11.1.4 Gunnebo Gateway
11.1.5 Hangzhou Century
11.1.6 Ketec
11.1.7 Agon Systems
11.1.8 All-Tag Corporation
11.1.9 Amersec
11.1.10 Tag Company
11.2 Other Key Players
11.2.1 WG Security Products
11.2.2 Shenzhen Emeno Technology
11.2.3 Cross Point
11.2.4 Takachiho Koheki Co
11.2.5 Stanley Security
11.2.6 Shopguard Systems
11.2.7 Dexilon Automation
11.2.8 Feltron Security Systems
11.2.9 Sentry Custom Security
11.2.10 Softdel

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customization
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 Electronic Article Surveillance Market, By Component, 2016–2024 (USD Million)
Table 2 Electronic Article Surveillance Market, By Technology, 2016–2024 (USD Million)
Table 3 Electronic Article Surveillance Market, By End User, 2016–2024 (USD Million)
Table 4 Electronic Article Surveillance Market for Apparel and Fashion Accessories, By Region, 2016–2024 (USD Million)
Table 5 Electronic Article Surveillance Market for Supermarkets and Mass Merchandise, By Region, 2016–2024 (USD Million)
Table 6 Electronic Article Surveillance Market for Drug and Health Store, By Region, 2016–2024 (USD Million)
Table 7 Electronic Article Surveillance Market for Others, By Region, 2016–2024 (USD Million)
Table 8 Electronic Article Surveillance Market, By Region, 2016–2024 (USD Million)
Table 9 Electronic Article Surveillance Market in North America, By Country, 2016–2024 (USD Million)
Table 10 Electronic Article Surveillance Market in North America, By End User, 2016–2024 (USD Million)
Table 11 Electronic Article Surveillance Market in US, By End User, 2016–2024 (USD Million)
Table 12 Electronic Article Surveillance Market in Canada, By End User, 2016–2024 (USD Million)
Table 13 Electronic Article Surveillance Market in Mexico, By End User, 2016–2024 (USD Million)
Table 14 Electronic Article Surveillance Market in Europe, By Country, 2016–2024 (USD Million)
Table 15 Electronic Article Surveillance Market in Europe, By End User, 2016–2024 (USD Million)
Table 16 Electronic Article Surveillance Market in UK, By End User, 2016–2024 (USD Million)
Table 17 Electronic Article Surveillance Market in Germany, By End User, 2016–2024 (USD Million)
Table 18 Electronic Article Surveillance Market in France, By End User, 2016–2024 (USD Million)
Table 19 Electronic Article Surveillance Market in Spain, By End User, 2016–2024 (USD Million)
Table 20 Electronic Article Surveillance Market in Italy, By End User, 2016–2024 (USD Million)
Table 21 Electronic Article Surveillance Market in Rest of Europe, By End User, 2016–2024 (USD Million)
Table 22 Electronic Article Surveillance Market in APAC, By Country, 2016–2024 (USD Million)
Table 23 Electronic Article Surveillance Market in APAC, By End User, 2016–2024 (USD Million)
Table 24 Electronic Article Surveillance Market in China, By End User, 2016–2024 (USD Million)
Table 25 Electronic Article Surveillance Market in Japan, By End User, 2016–2024 (USD Million)
Table 26 Electronic Article Surveillance Market in South Korea, By End User, 2016–2024 (USD Million)
Table 27 Electronic Article Surveillance Market in India, By End User, 2016–2024 (USD Million)
Table 28 Electronic Article Surveillance Market in Rest of APAC, By End User, 2016–2024 (USD Million)
Table 29 Electronic Article Surveillance Market in RoW, By Country, 2016–2024 (USD Million)
Table 30 Electronic Article Surveillance Market in RoW, By End User, 2016–2024 (USD Million)
Table 31 Electronic Article Surveillance Market in Middle East and Africa, By End User, 2016–2024 (USD Million)
Table 32 Electronic Article Surveillance Market in South America, By End User, 2016–2024 (USD Million)

List of Figures

Figure 1 Markets Covered
Figure 2 Electronic Article Surveillance Market: Process Flow of Market Size Estimation
Figure 3 Electronic Article Surveillance Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Apparel and Fashion Accessories Stores to Dominate Electronic Article Surveillance Market During Forecast Period
Figure 9 Electronic Article Surveillance Market for Tags to Grow at Higher CAGR During Forecast Period
Figure 10 APAC to Be Register Highest CAGR in Electronic Article Surveillance Market During Forecast Period
Figure 11 Increasing Adoption of Electronic Article Surveillance Systems for Protection Against Inventory Losses, Shoplifting, and Theft and Modernizing Retail Sector is Major Market Drivers
Figure 12 Apparel and Fashion Accessories Stores to Account for Largest Size of Electronic Article Surveillance Market During Forecast Period
Figure 13 Apparel and Fashion Accessories Stores and China as Largest Shareholders in Electronic Article Surveillance Market in APAC in 2018
Figure 14 India and China to Witness High CAGR in Electronic Article Surveillance Market By 2024
Figure 15 Protection Against Inventory Losses, Shoplifting, and Theft Incidences Drives Electronic Article Surveillance Market
Figure 16 Tags to Register Higher CAGR in Electronic Article Surveillance Market During Forecast Period
Figure 17 Electronic Article Surveillance Market for Radio Frequency to Grow at Highest CAGR During Forecast Period
Figure 18 Electronic Article Surveillance Market for Supermarkets and Mass Merchandise to Grow at Highest CAGR During Forecast Period
Figure 19 Geographic Snapshot of Electronic Article Surveillance Market
Figure 20 North America to Hold Largest Size of Electronic Article Surveillance Market During Forecast Period
Figure 21 US to Dominate Electronic Article Surveillance Market in North America During Forecast Period
Figure 22 North America: Electronic Article Surveillance Market Snapshot
Figure 23 Germany to Register Highest CAGR in Electronic Article Surveillance Market During Forecast Period
Figure 24 Europe: Electronic Article Surveillance Market Snapshot
Figure 25 India to Register Highest CAGR in Electronic Article Surveillance Market in APAC During Forecast Period
Figure 26 APAC: Electronic Article Surveillance Market Snapshot
Figure 27 Middle East to Register Highest CAGR in Electronic Article Surveillance Market in RoW During Forecast Period
Figure 28 Key Developments By Leading Players in Market From 2016 to 2018
Figure 29 Ranking of Key Players in EAS Market (2018)
Figure 30 Product Launches and Developments Were Key Strategies Adopted By Major Players From 2016 to 2018
Figure 31 CCL Industries: Company Snapshot
Figure 32 Johnson Controls: Company Snapshot
Figure 33 Nedap: Company Snapshot
Figure 34 Gunnebo Group: Company Snapshot

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