Collaboration BenefitsAvery Dennison's collaboration on Intelligent Labels for meat, deli, and bakery could amount to approximately $100 million in revenues over a two-year rollout.
Market ExpansionThe opportunity for RFID sales outside of apparel markets is nearly ten times larger, suggesting significant potential for growth.
Sales GrowthThe Walmart RFID rollout into bakery, meat, and deli sections is expected to add over 10% growth to AVY RFID sales, supporting longer-term growth.