Product Code: ETC4441767 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The electronic shelf labels market in Malaysia has witnessed substantial growth, primarily fueled by the retail sector`s pursuit of automation and enhanced customer experiences. Electronic shelf labels replace traditional paper price tags with digital displays, allowing for real-time price adjustments and promotional updates. Retailers benefit from increased operational efficiency and reduced labor costs. The market`s growth is also influenced by the increasing adoption of omnichannel retailing strategies and the need for dynamic pricing capabilities in a competitive market landscape.
In the Malaysia Electronic Shelf Labels market, several factors are contributing to its rapid growth. One of the key drivers is the increasing adoption of smart retail technologies. Electronic Shelf Labels offer retailers the ability to update prices and product information in real-time, enhancing operational efficiency and improving customer experience. Additionally, the cost-saving benefits associated with electronic labels, such as reduced paper waste and labor costs, are motivating retailers to invest in this technology. Moreover, the growing trend of omnichannel retailing and the need for dynamic pricing strategies are further propelling the demand for Electronic Shelf Labels in the Malaysia market.
The adoption of electronic shelf labels in Malaysia encounters certain challenges. One major concern is the cost associated with implementing this technology, which can be a substantial upfront investment for retailers. Interoperability issues and compatibility with existing inventory management systems can create operational challenges. Moreover, concerns related to data security and privacy must be addressed, especially when electronic shelf labels store and transmit sensitive pricing information. Finally, training staff to use and maintain these labels effectively can be a time-consuming and costly endeavor for businesses.
The COVID-19 pandemic had a nuanced impact on the Malaysia Electronic Shelf Labels (ESL) market. While the disruptions in the retail sector affected the pace of ESL adoption, there was a growing emphasis on touchless and efficient shopping experiences. The need for real-time price updates and inventory management solutions gained importance, highlighting the role of ESL technology. As Malaysia retail landscape adapts to changing consumer behavior, the ESL market is poised to evolve and contribute to more streamlined and agile retail operations in the post-pandemic era.
The Malaysia electronic shelf labels market features significant participation from international companies like SES-imagotag, Displaydata Ltd., and E Ink Holdings. These companies offer innovative electronic shelf label solutions to enhance retail operations. Additionally, local players such as Diagraph Corporation and Syscor contribute to the market`s growth by providing customized electronic shelf label systems to cater to the specific needs of Malaysia retailers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Electronic Shelf Labels Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Electronic Shelf Labels Market - Industry Life Cycle |
3.4 Malaysia Electronic Shelf Labels Market - Porter's Five Forces |
3.5 Malaysia Electronic Shelf Labels Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Malaysia Electronic Shelf Labels Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Malaysia Electronic Shelf Labels Market Revenues & Volume Share, By Communications Technology, 2021 & 2031F |
3.8 Malaysia Electronic Shelf Labels Market Revenues & Volume Share, By Display Size, 2021 & 2031F |
3.9 Malaysia Electronic Shelf Labels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Electronic Shelf Labels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Electronic Shelf Labels Market Trends |
6 Malaysia Electronic Shelf Labels Market, By Types |
6.1 Malaysia Electronic Shelf Labels Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Displays, 2021-2031F |
6.1.4 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Batteries, 2021-2031F |
6.1.5 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Transceivers, 2021-2031F |
6.1.6 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Microprocessors, 2021-2031F |
6.1.7 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Electronic Shelf Labels Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, By LCDs, 2021-2031F |
6.2.3 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Segmented E-paper Displays, 2021-2031F |
6.2.4 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Fully Graphic E-paper Displays, 2021-2031F |
6.3 Malaysia Electronic Shelf Labels Market, By Communications Technology |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Radio Frequency, 2021-2031F |
6.3.3 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Infrared, 2021-2031F |
6.3.4 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Near-field Communication, 2021-2031F |
6.3.5 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Others, 2021-2031F |
6.4 Malaysia Electronic Shelf Labels Market, By Display Size |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Less than 3 Inches, 2021-2031F |
6.4.3 Malaysia Electronic Shelf Labels Market Revenues & Volume, By 3 to 7 Inches, 2021-2031F |
6.4.4 Malaysia Electronic Shelf Labels Market Revenues & Volume, By 7 to 10 Inches, 2021-2031F |
6.4.5 Malaysia Electronic Shelf Labels Market Revenues & Volume, By More than 10 Inches, 2021-2031F |
6.5 Malaysia Electronic Shelf Labels Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Retail, 2021-2031F |
6.5.3 Malaysia Electronic Shelf Labels Market Revenues & Volume, By Industrial, 2021-2031F |
7 Malaysia Electronic Shelf Labels Market Import-Export Trade Statistics |
7.1 Malaysia Electronic Shelf Labels Market Export to Major Countries |
7.2 Malaysia Electronic Shelf Labels Market Imports from Major Countries |
8 Malaysia Electronic Shelf Labels Market Key Performance Indicators |
9 Malaysia Electronic Shelf Labels Market - Opportunity Assessment |
9.1 Malaysia Electronic Shelf Labels Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Malaysia Electronic Shelf Labels Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Malaysia Electronic Shelf Labels Market Opportunity Assessment, By Communications Technology, 2021 & 2031F |
9.4 Malaysia Electronic Shelf Labels Market Opportunity Assessment, By Display Size, 2021 & 2031F |
9.5 Malaysia Electronic Shelf Labels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Electronic Shelf Labels Market - Competitive Landscape |
10.1 Malaysia Electronic Shelf Labels Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Electronic Shelf Labels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |