As per a new report for Future Market Insights (FMI), demand for inlay papers is projected to surge by US$ 296.2 Mn in 2033 from US$ 173.4 Mn in 2023. The market is anticipated to witness growth at a CAGR of 5.5% in the next ten years from 2023 to 2033.

Inlay paper is becoming more popular in the digital world due to digital transformation happening all over the world. Radiofrequency identification inlays are gaining traction in the market as many manufacturers are producing RFID inlays with multiple designs integrated with different materials suitable for various industrial and retail applications.

Dry or wet inlays are embedded into the final finished products. Companies are manufacturing high frequency and ultra-high frequency RFID inlay papers to suit numerous industrial applications. There are various applications that are set to be benefited from inlay papers, including the internet of things, near-field communication smart posters & billboards, logistics & supply chain, transportation, and event tickets.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16371

RFID inlay paper is set to be increasingly used in warehouses and inventory control for product tracking. Many countries have switched to RFID-tagged passports for saving information related to the passport-holding person.

RFID inlays and tags are widely used in shipping and logistics because it is the best low-cost solution available for identifying goods. The retail industry is set to acquire a large portion of the market for inlay paper because of digitalization of information related to numerous products.

Retail products are expected to be tagged with an RFID inlay tag or label, and the product details are likely to be saved in the chip, which is gathered by scanning products. All these applications due to digitalization are creating new growth opportunities for the inlay paper market.

Key Takeaways from the Inlay Paper Market

  • The global inlay paper market is projected to exhibit a CAGR of 5.1% during the historical period from 2018 to 2022.
  • The U.S. inlay paper market is anticipated to exhibit nearly 82% of share across North America by 2023.
  • New Zealand inlay paper market is estimated to expand 1.5 times the current value during the forecast period from 2023-2033.
  • Based on product type, the wet inlay paper segment is set to hold around 80% of the inlay paper market share by the end of 2023.
  • In terms of end use, the retail segment is expected to grow at a CAGR of 5.3% during the estimated time frame.

“Digitalization of all industrial segments, growing concerns over digital security, and data theft are some of the major drivers for the inlay paper market. Key companies are developing unique inlay papers to help prevent data theft.” – Says an FMI analyst.

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-16371

Inlay Paper Market Outlook by Category

By Material:

  • Synthetic Paper
  • Recycled Paper

By Product Type:

  • Wet Inlay Paper
  • Dry Inlay Paper

By End Use:

  • Retail
  • Stationery
  • Banking
  • Logistics & Transportation

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

Access Full Report: https://www.futuremarketinsights.com/reports/inlay-paper-market