QR code labels market continues to expand and grow in value

QR code labels - QR coce on Cheez Whiz container lid

The market is expected to expand at CAGR of 9.7% during 2019 – 2027. Manufacturers of QR code labels are expected to witness healthy revenue growth due to how widely applicable this practical technology is for a diverse range of brands. According to a report from Future Market Insights (FMI), the quick response (QR) code labels market was valued at US$996.8 million in 2018 and it is expected to grow at a CAGR of 8.7% during 2019 – 2027. The readability of these labels is helping to spur their growth.…

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