RFID Technology Is Growing Rapidly In The Apparel Retail Market.
A recent report by IDTechEx, a British research and analysis company, shows that this year, the clothing industry is expected to buy 200 million RFID tags, of which 75% are marked by Marks & Spencer.
The rest of the buyers include Sumitex International, Lemmi Fashion, Sungod Enterprises, NP Collection, Sanyo Shokai, Throttleman, Shokai and Sungod.
The amount spent on these labels is very large, about 25 million 840 thousand dollars.
According to IDTechEx, the amount of investment will reach US $988 million by 2013.
The report points out that many clothing companies have achieved a sales growth rate of 20% through the application of the RFID rack label labelling system.
The report comprehensively analyzes the role of RFID technology in the apparel value chain, from clothing manufacturing, retail sales to leasing.
In addition, the report describes the application of 142 end-users from Chile, Canada, Sweden, Taiwan and other regions.
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