"Increased growth in the consumer products sector is expected to drive growth in the global barcode verification market"
Consumer products use bar codes widely. Products are identified with barcodes because they are unique and universally recognizable. The Consumer Goods section provides information about the product. The use of barcodes for consumer products, such as B, has many advantages. Items will be listed faster, counter check-ins will be faster and more accurate, as well as product visibility online will be enhanced. Barcodes are used to ensure that any intermediate reader in the supply chain can easily interpret them with a low error rate. Barcodes that aren't standard can come with heavy penalties from a retailer. Manufacturers may suffer revenue losses as a result of such penalties. In order to comply with internationally recognized standards, barcodes must conform to those standards. A barcode's measurement accuracy is specified by some standards.
The current international standard for barcode quality specifications is ISO / IEC 154261 (linear) or ISO / IEC 154262 (2D). A matrix code or barcode must meet certain quality requirements defined in this standard. Verifying a barcode against certain standards ensures that the barcode has been verified correctly, allowing for products to be shipped later in the supply chain for distribution, so the use of code checker bars makes sure that the supply chain runs smoothly. Consumer spending in 2016 reached $43.87 trillion, an increase of $26.8 billion from $42.794 trillion in 2012. The increase is primarily due to increased consumption of consumer goods. The consumer goods sector will be a major driver of barcode verification market growth.