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Report

LATAM RFID Tags Market

Market Report I 2025-04-01 I 350 Pages I Data Bridge Market Research

The LATAM RFID tags market is expected to reach USD 2.77 billion by 2032 from USD 1.31 billion in 2024, growing with a CAGR of 9.9% in the forecast period of 2025 to 2032.
Market Segmentation:
LATAM RFID Tags Market Segmentation, By Wafer Size (Less Than 200 MM, 200 to 300 MM, and Others), Tag Type (Passive Tag and Active Tag), Type (Normal Tag and Smart Tag), Frequency (Ultra Wideband and Bluetooth), Form Factor (Card, Label, Key Fob, Implants, Button, Paper Tickets, Wristband, and Others), Material (Plastic, Metal, Paper, Glass, and Others) Application (Commercial/Retail, Transportation, Logistics & Supply Chain, Healthcare, Security & Access Control, Payment and Ticket System, Animal Tracking, Aerospace, Defense, Sports, and Others), Country (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Ecuador, Cuba, Uruguay, Paraguay, Bolivia, and Rest of LATAM) - Industry Trends and Forecast to 2032
Overview of LATAM RFID Tags Market Dynamics:
Drivers
- Increasing RFID tag adoption in logistics and warehouse operations
- Growing RFID usage in textile and apparel supply chains
Restraints
- High installation costs of RFID system
- Lack of standardized regulations complicates cross-border implementation
Opportunities
- Government investments in smart city projects accelerate the adoption of RFID solutions
- Transformation of supply chain operations through RFID enabled inventory management
Market Players:
The key market players operating in the LATAM RFID tags market are listed below:
- Fujitsu
- Zebra Technologies Corp.
- Checkpoint Systems, Inc (A Division of CCL Industries Inc.)
- STMicroelectronics
- AVERY DENNISON CORPORATION
- NXP Semiconductors
- Pepperl+Fuchs SE
- dormakaba Group
- CPCON GROUP
- HID Global Corporation (Part of ASSA ABLOY)
- Impinj, Inc.
- Viaonda RFID
- Identiv, Inc.
- Alien Technology, LLC
- Convergence Systems Limited
- ARDES

TABLE OF CONTENTS
1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 OVERVIEW OF LATAM RFID TAGS MARKET 20
1.4 CURRENCY AND PRICING 22
1.5 LIMITATIONS 22
1.6 MARKETS COVERED 22
2 MARKET SEGMENTATION 28
2.1 MARKETS COVERED 28
2.2 GEOGRAPHICAL SCOPE 29
2.3 YEARS CONSIDERED FOR THE STUDY 29
2.4 DBMR TRIPOD DATA VALIDATION MODEL 30
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.6 DBMR MARKET POSITION GRID 34
2.7 VENDOR SHARE ANALYSIS 35
2.8 MARKET APPLICATION COVERAGE GRID 36
2.9 MULTIVARIATE MODELING 37
2.10 WAFER SIZE TIMELINE CURVE 37
2.11 SECONDARY SOURCES 38
2.12 ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 43
4.1 PENETRATION AND GROWTH PROSPECT MAPPING 44
4.2 COMPETITOR KEY PRICING STRATEGIES 45
4.3 TECHNOLOGY ANALYSIS OF THE LATAM RFID TAGS MARKET 46
4.4 COMPANY COMPETITIVE ANALYSIS 48
4.5 COMPANY SERVICE PLATFORM MATRIX FOR LATAM RFID TAGS MARKET 51
4.6 FUNDING DETAILS-INVESTOR DETAILS, REASON OF INVESTMENT FROM INVESTOR 52
4.7 USE CASE AND ITS ANALYSIS 54
5 MARKET OVERVIEW 55
5.1 DRIVERS 57
5.1.1 INCREASING RFID TAG ADOPTION IN LOGISTICS AND WAREHOUSE OPERATIONS 57
5.1.2 GROWING RFID USAGE IN TEXTILE AND APPAREL SUPPLY CHAINS 58
5.1.3 RAPID E-COMMERCE EXPANSION BOOSTING RFID TAG DEMAND 60
5.1.4 INCREASING RFID USE IN AGRICULTURE AND LIVESTOCK MANAGEMENT 61
5.2 RESTRAINTS 62
5.2.1 HIGH INSTALLATION COSTS OF RFID SYSTEM 62
5.2.2 LACK OF STANDARDIZED REGULATIONS COMPLICATES CROSS-BORDER IMPLEMENTATION 63
5.3 OPPORTUNITIES 64
5.3.1 GOVERNMENT INVESTMENTS IN SMART CITY PROJECTS ACCELERATE THE ADOPTION OF RFID SOLUTIONS 64
5.3.2 TRANSFORMATION OF SUPPLY CHAIN OPERATIONS THROUGH RFID ENABLED INVENTORY MANAGEMENT 64
5.3.3 PROLIFERATION OF RFID TAGS IN RETAIL SECTOR FOR EQUIPMENT TRACKING 66
5.4 CHALLENGES 67
5.4.1 TECHNICAL COMPLEXITIES IN INTEGRATION OF RFID IN VARIOUS DEVICES 67
5.4.2 WEAK IT AND WIRELESS CONNECTIVITY INFRASTRUCTURE IN RURAL AREAS 67
6 LATAM RFID TAGS MARKET, BY WAFER SIZE 69
6.1 OVERVIEW 70
6.2 LESS THAN 200 MM 71
6.3 200 TO 300 MM 71
6.4 OTHERS 71
7 LATAM RFID TAGS MARKET, BY TAG TYPE 72
7.1 OVERVIEW 73
7.2 PASSIVE TAG 74
7.3 ACTIVE TAG 74
8 LATAM RFID TAGS MARKET, BY TYPE 75
8.1 OVERVIEW 76
8.2 NORMAL TAG 77
8.3 SMART TAG 77
9 LATAM RFID TAGS MARKET, BY FREQUENCY 78
9.1 OVERVIEW 79
9.2 ULTRA WIDEBAND 80
9.3 BLUETOOTH 80
10 LATAM RFID TAGS MARKET, BY FORM FACTOR 81
10.1 OVERVIEW 82
10.2 CARD 83
10.3 LABEL 83
10.4 KEY FOB 83
10.5 IMPLANTS 83
10.6 BUTTON 83
10.7 PAPER TICKETS 84
10.8 WRISTBAND 84
10.9 OTHERS 84
10.9.1 THE WRAP 84
10.9.2 SCREW 84
10.9.3 BOLTABLE 84
10.9.4 SHACKLE 85
10.9.5 CLINCH 85
10.9.6 SLING 85
10.9.7 EMBEDDABLE 85
10.9.8 EYELET 85
10.9.9 PUSH 85
11 LATAM RFID TAGS MARKET, BY MATERIAL 86
11.1 OVERVIEW 87
11.2 PLASTIC 88
11.2.1 PVC 88
11.2.2 PET 88
11.2.3 ABS 89
11.2.4 OTHER 89
11.3 METAL 89
11.3.1 ALUMINUM 89
11.3.2 STAINLESS STEEL 89
11.3.3 STEEL 89
11.3.4 TITANIUM 89
11.3.5 OTHER 90
11.4 PAPER 90
11.4.1 COATED PAPER 90
11.4.2 ECO FRIENDLY PAPER 90
11.4.3 OTHER 90
11.5 GLASS 90
11.5.1 BOROSILICATE GLASS 91
11.5.2 PYREX GLASS 91
11.5.3 MICRO GLASS ENCAPSULATION 91
11.5.4 OTHER 91
11.6 OTHERS 91
11.6.1 SILICON 92
11.6.2 CERAMIC 92
11.6.3 RUBBER 92
12 LATAM RFID TAGS MARKET, BY APPLICATION 93
12.1 OVERVIEW 94
12.2 COMMERCIAL/RETAIL 95
12.2.1 APPAREL 96
12.2.2 KIOSK 96
12.2.3 LAUNDRY 96
12.2.4 JEWELRY TRACKING 96
12.2.5 INDUSTRIAL MATERIAL MANAGEMENT 96
12.2.6 IT ASSET TRACKING 97
12.2.7 ADVERTISING 97
12.2.8 OTHERS 97
12.3 TRANSPORTATION, LOGISTICS & SUPPLY CHAIN 97
12.4 HEALTHCARE 97
12.4.1 PATIENTS MANAGEMENT 97
12.4.2 WASTE MANAGEMENT 98
12.4.3 DRUGS MANAGEMENT 98
12.4.4 LABORATORY MANAGEMENT 98
12.4.5 EQUIPMENT MANAGEMENT 98
12.4.6 OTHERS 98
12.5 SECURITY & ACCESS CONTROL 98
12.5.1 ACCESS CONTROL 99
12.5.2 COUNTERFEITING & THEFT CONTROL/PREVENTION 99
12.5.3 VEHICULAR TAGS 99
12.5.4 PASSPORT 99
12.5.5 OTHER RETAIL 99
12.6 PAYMENT AND TICKET SYSTEM 99
12.6.1 CONTACTLESS PAYMENTS 100
12.6.2 PUBLIC TRANSPORT 100
12.6.3 EVENT TICKETING 100
12.6.4 PARKING MANAGEMENT 100
12.6.5 OTHER 100
12.7 ANIMAL TRACKING 100
12.8 AEROSPACE 101
12.8.1 BAGGAGE TRACKING 101
12.8.2 MATERIALS MANAGEMENT 101
12.8.3 FLYABLE PARTS TRACKING 101
12.8.4 LIFETIME TRACEABILITY 101
12.8.5 MRO 101
12.8.6 OTHERS 102
12.9 DEFENSE 102
12.9.1 BORDER SECURITY 102
12.9.2 WEAPON MANAGEMENT TRACKING 102
12.9.3 SOLDIER MOVEMENT TRACKING 102
12.10 SPORTS 102
12.11 OTHERS 102
13 LATAM RFID TAGS MARKET 103
13.1 LATAM 103
13.1.1 BRAZIL 107
13.1.2 MEXICO 115
13.1.3 ARGENTINA 122
13.1.4 COLOMBIA 129
13.1.5 CHILE 136
13.1.6 PERU 143
13.1.7 ECUADOR 150
13.1.8 CUBA 157
13.1.9 URUGUAY 164
13.1.10 PARAGUAY 171
13.1.11 BOLIVIA 178
13.1.12 REST OF LATAM 185
14 LATAM RFID TAGS MARKET 186
14.1 COMPANY SHARE ANALYSIS: LATAM 186
15 SWOT ANALYSIS 187
16 COMPANY PROFILE 188
16.1 FUJITSU 188
16.1.1 COMPANY SNAPSHOT 188
16.1.2 REVENUE ANALYSIS 189
16.1.3 PRODUCT PORTFOLIO 189
16.1.4 RECENT DEVELOPMENTS 190
16.2 ZEBRA TECHNOLOGIES CORP. 192
16.2.1 COMPANY SNAPSHOT 192
16.2.2 REVENUE ANALYSIS 192
16.2.3 PRODUCT PORTFOLIO 193
16.2.4 RECENT DEVELOPMENTS 194
16.3 CHECKPOINT SYSTEMS, INC(A DIVISION OF CCL INDUSTRIES INC.) 195
16.3.1 COMPANY SNAPSHOT 195
16.3.2 PRODUCT PORTFOLIO 195
16.3.3 RECENT DEVELOPMENTS 196
16.4 STMICROELECTRONICS 197
16.4.1 COMPANY SNAPSHOT 197
16.4.1 REVENUE ANALYSIS 198
16.4.2 PRODUCT PORTFOLIO 198
16.4.3 RECENT DEVELOPMENTS 198
16.5 AVERY DENNISON CORPORATION 200
16.5.1 COMPANY SNAPSHOT 200
16.5.2 REVENUE ANALYSIS 200
16.5.3 PRODUCT PORTFOLIO 201
16.5.4 RECENT DEVELOPMENTS/NEWS 201
16.6 ALIEN TECHNOLOGY, LLC 203
16.6.1 COMPANY SNAPSHOT 203
16.6.2 PRODUCT PORTFOLIO 203
16.6.3 RECENT DEVELOPMENT 204
16.7 ARDES 205
16.7.1 COMPANY SNAPSHOT 205
16.7.2 PRODUCT PORTFOLIO 205
16.7.3 RECENT DEVELOPMENT 206
16.8 CONVERGENCE SYSTEMS LIMITED 207
16.8.1 COMPANY SNAPSHOT 207
16.8.2 PRODUCT PORTFOLIO 207
16.8.3 RECENT DEVELOPMENT 207
16.9 CPCON GROUP 208
16.9.1 COMPANY SNAPSHOT 208
16.9.2 PRODUCT PORTFOLIO 208
16.9.3 RECENT DEVELOPMENT 209
16.10 DORMAKABA GROUP 210
16.10.1 COMPANY SNAPSHOT 210
16.10.2 REVENUE ANALYSIS 210
16.10.3 PRODUCT PORTFOLIO 211
16.10.4 RECENT DEVELOPMENT 211
16.11 HID GLOBAL CORPORATION (PART OF ASSA ABLOY) 212
16.11.1 COMPANY SNAPSHOT 212
16.11.2 PRODUCT PORTFOLIO 212
16.11.3 RECENT DEVELOPMENT 215
16.12 IDENTIV, INC. 217
16.12.1 COMPANY SNAPSHOT 217
16.12.2 REVENUE ANALYSIS 217
16.12.3 PRODUCT PORTFOLIO 218
16.12.4 RECENT DEVELOPMENTS 218
16.13 IMPINJ, INC. 220
16.13.1 COMPANY SNAPSHOT 220
16.13.2 REVENUE ANALYSIS 220
16.13.3 PRODUCT PORTFOLIO 221
16.13.4 RECENT DEVELOPMENT 222
16.14 NXP SEMICONDUCTORS 223
16.14.1 COMPANY SNAPSHOT 223
16.14.2 REVENUE ANALYSIS 223
16.14.3 PRODUCT PORTFOLIO 224
16.14.4 RECENT DEVELOPMENTS 224
16.15 PEPPERL+FUCHS SE 225
16.15.1 COMPANY SNAPSHOT 225
16.15.2 PRODUCT PORTFOLIO 225
16.15.3 RECENT DEVELOPMENT 226
16.16 VIAONDA RFID 227
16.16.1 COMPANY SNAPSHOT 227
16.16.2 PRODUCT PORTFOLIO 227
16.16.3 RECENT DEVELOPMENT 229
17 QUESTIONNAIRE 230
18 RELATED REPORTS 234
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