Deactivator Electronic Article Surveillance Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 1941.77 Million
Market Size 2032 (Forecast Year) USD 3422.51 Million
CAGR 6.5%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

According to Market Research Store, the global deactivator electronic article surveillance (EAS) system market size was valued at around USD 1941.77 million in 2023 and is estimated to reach USD 3422.51 million by 2032, to register a CAGR of approximately 6.5% in terms of revenue during the forecast period 2024-2032.

Global Deactivator Electronic Article Surveillance (EAS) System Market Size

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The deactivator electronic article surveillance (EAS) system report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

Global Deactivator Electronic Article Surveillance (EAS) System Market: Overview

The Deactivator Electronic Article Surveillance (EAS) System Market focuses on systems designed to deactivate security tags attached to merchandise in retail environments, helping prevent theft while enabling seamless checkout. EAS deactivator systems work by electronically deactivating or removing the tags, typically through electromagnetic, acousto-magnetic, or radio frequency (RF) technologies.

Retail stores, supermarkets, and libraries widely use EAS deactivator systems as part of loss prevention strategies, with integrated deactivators in POS systems allowing cashiers to deactivate tags at checkout, reducing shrinkage and improving operational efficiency.

The market growth is driven by the global retail sector’s expanding focus on security measures to combat theft and reduce losses, especially as retail and inventory shrinkage becomes a major cost factor for businesses.

Additionally, the rise of automation in retail environments has accelerated the adoption of integrated EAS systems, which streamline the checkout process and enhance the customer experience by reducing delays caused by manual tag removal. Technological advancements, such as contactless deactivation and integration with smart inventory management systems, are also contributing to market growth.

Key Highlights

  • The deactivator electronic article surveillance (EAS) system market is anticipated to grow at a CAGR of 6.5% during the forecast period.
  • The global deactivator electronic article surveillance (EAS) system market was estimated to be worth approximately USD 1941.77 million in 2023 and is projected to reach a value of USD 3422.51 million by 2032.
  • The growth of the deactivator electronic article surveillance (EAS) system market is being driven by the increasing need for retailers to protect their inventory from theft and loss, the rising incidence of shoplifting, and the growing adoption of advanced EAS technologies such as RFID and integrated security solutions.
  • Based on the product, the radio frequency identification (RFID) system segment is growing at a high rate and is projected to dominate the market.
  • On the basis of application, the Clothing &Fashion Accessories segment is projected to swipe the largest market share.
  • By region, North America is expected to dominate the global market during the forecast period.

Key Growth Drivers

  • Rising Retail Theft: The increasing prevalence of retail theft, particularly shoplifting, is driving the demand for effective loss prevention solutions.
  • Advancements in EAS Technology: The development of advanced EAS technologies, including RF, AM, and EM, offers enhanced security and flexibility.
  • Evolving Retail Landscape: The changing retail landscape, including the rise of e-commerce and omnichannel retailing, requires robust security solutions.
  • Global Retail Expansion: The expansion of retail chains into new markets necessitates effective inventory protection strategies.

Restraints

  • High Initial Investment: The initial cost of installing and implementing an EAS system can be significant.
  • Complex Installation and Maintenance: The installation and maintenance of EAS systems require specialized expertise.
  • False Alarms: False alarms can lead to customer inconvenience and negative brand perception.
  • Evolving Theft Techniques: Retailers face the challenge of adapting to evolving theft techniques, such as electronic theft devices (ETDs).

Opportunities

  • Integration with Other Security Systems: Integrating EAS systems with other security technologies, such as CCTV and access control, can enhance overall security.
  • Advanced Analytics and IoT: Leveraging AI and IoT to analyze data from EAS systems can provide valuable insights into theft patterns and loss prevention strategies.
  • Self-Checkout and RFID Integration: Integrating EAS systems with self-checkout systems and RFID technology can streamline the checkout process and improve inventory management.
  • Emerging Markets: Expanding into emerging markets with growing retail sectors can provide significant growth opportunities.

Challenges

  • Regulatory Compliance: Adhering to regulatory requirements for EAS systems, especially in terms of data privacy and security, can be complex.
  • Consumer Experience: Ensuring that EAS systems do not negatively impact the customer experience, such as causing long queues or inconvenience, is crucial.
  • Technology Evolution: Keeping up with the rapid pace of technological advancements in the retail industry is essential to maintain the effectiveness of EAS systems.
  • Economic Fluctuations: Economic downturns can impact retail spending and, consequently, the demand for EAS systems.

Deactivator Electronic Article Surveillance (EAS) System Market: Segmentation Insights

The global deactivator electronic article surveillance (EAS) system market is divided by product, application, and region.

Segmentation Insights by Product

Based on Product, the global deactivator electronic article surveillance (EAS) system market is divided into radio frequency identification (RFID) system, acoustic magnetic (am) anti-theft system, radio frequency (rf) system, electromagnetic wave (em) anti-theft system, and other.

The Radio Frequency Identification (RFID) System segment is the dominant product in the Deactivator Electronic Article Surveillance (EAS) System Market. RFID’s dual-purpose functionality in both security and inventory management has made it highly popular, particularly among large retailers with complex inventory needs. RFID systems represent a significant share of the EAS market due to their dual purpose in both security and inventory management.

Acoustic Magnetic (AM) Anti-Theft System have a strong presence in the retail market, particularly in department stores, drugstores, and supermarkets where robust detection of items is critical. AM Systems are based on an acoustic magnetic field that activates tags, making them highly effective for preventing theft. These systems are known for their durability and can detect tagged items with greater sensitivity, even with interference from metal or magnetic objects.

Radio Frequency (RF) System hold a substantial portion of the market due to their affordability and ease of installation, making them accessible to smaller businesses and stores with limited budgets. RF Systems use radio waves to detect tags attached to items, offering a cost-effective and simple solution for theft prevention. They are commonly found in small to medium-sized retail stores as they provide a reliable anti-theft system at a lower cost compared to other EAS solutions.

Electromagnetic Wave (EM) Anti-Theft System occupy a niche market within the EAS sector, commonly used in libraries, bookstores, and pharmacies. Their precision and compatibility with small items make them a preferred choice in these sectors. EM Systems utilize electromagnetic waves to activate and deactivate tags, providing a highly reliable anti-theft solution. EM tags are extremely thin, making them suitable for items like books and other thin or compact merchandise.

Segmentation Insights by Application

On the basis of Application, the global deactivator electronic article surveillance (EAS) system market is bifurcated into clothing &fashion accessories, cosmetics/pharmacy, supermarkets & large grocery, and others.

The Clothing & Fashion Accessories segment dominates the Deactivator EAS System Market due to its high rate of adoption of RFID and AM systems. Fashion retailers face elevated risk of shrinkage from shoplifting, necessitating reliable anti-theft solutions alongside efficient inventory management for fast-moving and high-value products. Clothing & Fashion Accessories hold a significant portion of the EAS market due to high product turnover and the frequent risk of theft.

Cosmetics/Pharmacy is a substantial segment within the EAS market due to the need to secure small, high-value items that are easy targets for theft. Cosmetics and Pharmacy retailers use EAS systems to secure small, high-value, and easily concealable items such as skincare products, medicines, and beauty products. EM systems are popular in this segment due to the small and thin tags that are discreet yet effective. RFID systems are also becoming more common, especially in pharmacies that need to track inventory of high-value items.

Supermarkets & Large Grocery represent a significant market share in the EAS market due to the volume of goods and high foot traffic, necessitating reliable and efficient theft-prevention systems. Supermarkets and Large Grocery stores use EAS systems mainly for loss prevention on high-value and theft-prone items, such as electronics, alcohol, and premium packaged goods. AM and RF systems are popular in this segment, as they can cover large store areas with strong detection fields suitable for high-traffic environments.

Deactivator Electronic Article Surveillance (EAS) System Market: Report Scope

Report Attributes Report Details
Report Name Deactivator Electronic Article Surveillance (EAS) System Market
Market Size in 2023 USD 1941.77 Million
Market Forecast in 2032 USD 3422.51 Million
Growth Rate CAGR of 6.5%
Number of Pages 215
Key Companies Covered All Tag, Checkpoint Systems, Gunnebo Gateway, Hangzhou Century Co., Ketec Ltd, Nedap, Tyco Retail Solutions, Universal Surveillance Systems, WGSPI, and others.
Segments Covered By Product, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Deactivator Electronic Article Surveillance (EAS) System Market: Regional Insights

  • North America currently leads the global Deactivator Electronic Article Surveillance (EAS) System market

North America is a major market for EAS deactivator systems, with high adoption in the retail sector driven by the prevalence of organized retail chains and supermarkets. The United States and Canada, in particular, invest heavily in retail security to prevent loss and improve profitability. The region is also at the forefront of implementing advanced retail technologies, including RFID-based EAS systems, which boost the demand for EAS deactivators.

Europe is a significant market for EAS deactivators, with widespread usage across the retail sector in countries such as the UK, Germany, and France. Retailers in Europe are highly focused on loss prevention and inventory management, leading to high demand for advanced EAS deactivators, especially in department stores, supermarkets, and fashion retail. Strict regulatory standards around security and theft prevention also support market growth.

The Asia-Pacific region is expected to witness the highest growth in the EAS deactivator market, driven by the rapid expansion of organized retail, particularly in China, Japan, and India. Increasing disposable incomes, a rising middle class, and the growth of urbanization are contributing to the demand for modern retail solutions, including EAS systems. Retailers in Asia-Pacific are increasingly investing in loss-prevention technologies as the retail sector modernizes and expands.

Latin America is an emerging market for EAS deactivators, with Brazil and Mexico leading the adoption of retail security systems. Organized retail is on the rise in this region, and retailers are focusing on reducing theft and protecting assets. The growth of supermarkets, malls, and hypermarkets in Latin America is expected to drive the demand for EAS deactivators as the market develops.

The Middle East and Africa region is gradually adopting EAS deactivator systems, with the UAE, Saudi Arabia, and South Africa leading in retail security investments. Retail expansion, especially in urban centers, along with increasing awareness about loss prevention, is contributing to market growth. The demand for deactivator systems is particularly high in luxury retail and department stores in the Middle East.

Recent Developments:

  • June 2023: Controltek's introduction of an innovative online RFID resource centre represents a substantial improvement in inventory management, asset monitoring, and RFID for electronic asset surveillance (EAS). This virtual platform functions as a comprehensive online centre, offering businesses valuable data, awareness, and education in the field of RFID technology.
  • April 2023: Alert Systems, a Denmark-based company that specialises in Internet of Things (IoT) expertise, was acquired by Checkpoint Systems, a global leader in RFID and RF technology solutions. Alert Systems' specialisation is in metal and magnet detection in the retail sector. The objective of this strategic acquisition is to fortify Checkpoint Systems' product offerings and strengthen its commitment to loss-prevention solutions.

Deactivator Electronic Article Surveillance (EAS) System Market: Competitive Landscape

The report provides an in-depth analysis of companies operating in the deactivator electronic article surveillance (EAS) system market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.

Some of the major players in the global deactivator electronic article surveillance (EAS) system market include:

  • All Tag
  • Checkpoint Systems
  • Gunnebo Gateway
  • Hangzhou Century Co.
  • Ketec
  • Ltd
  • Nedap
  • Tyco Retail Solutions
  • Universal Surveillance Systems
  • WGSPI

The global deactivator electronic article surveillance (EAS) system market is segmented as follows:

By Product

  • Radio Frequency Identification (RFID) System
  • Acoustic Magnetic (AM) Anti-Theft System
  • Radio Frequency (RF) System
  • Electromagnetic Wave (EM) Anti-Theft System
  • Other

By Application

  • Clothing &Fashion Accessories
  • Cosmetics/Pharmacy
  • Supermarkets & Large Grocery
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • The Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East Africa

 


Frequently Asked Questions

Based on statistics from the Market Research Store, the global deactivator electronic article surveillance (EAS) system market size was projected at approximately US$ 1941.77 million in 2023. Projections indicate that the market is expected to reach around US$ 3422.51 million in revenue by 2032.

The global deactivator electronic article surveillance (EAS) system market is expected to grow at a Compound Annual Growth Rate (CAGR) of around 6.5% during the forecast period from 2024 to 2032.

North America is expected to dominate the global deactivator electronic article surveillance (EAS) system market.

The global Deactivator Electronic Article Surveillance market is driven by factors such as increasing retail theft, rising demand for retail security solutions, and the need to protect inventory. As retail businesses face growing challenges from shoplifting and organized retail crime, the demand for effective security solutions like deactivators is on the rise. Additionally, advancements in technology are leading to the development of more sophisticated deactivation systems, further driving market growth.

Some of the prominent players operating in the global deactivator electronic article surveillance (EAS) system market are; All Tag, Checkpoint Systems, Gunnebo Gateway, Hangzhou Century Co., Ketec, Ltd, Nedap, Tyco Retail Solutions, Universal Surveillance Systems, WGSPI, and others.

The global deactivator electronic article surveillance (EAS) system market report provides a comprehensive analysis of market definitions, growth factors, opportunities, challenges, geographic trends, and competitive dynamics.

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