There are two main applications of washing labels, one is the washing of hotel linens, and the other is the washing of hospital linens. Since we will analyze the applications in the medical field separately, this section only analyzes the washing of hotel linens.
The hotel's washing includes the washing of bed sheets, quilts, pillowcases, towels and other items. Because these items require high cleaning requirements, the hotel will outsource it to a company that specializes in washing. This brings about the problem of asset management and inventory, so This has also given rise to the demand for UHF RFID tags in this industry. Of course, hotel residents can also use RFID tags to know whether the hotel's linen has been cleaned recently, so that they can stay more assured. To evaluate the market capacity of UHF RFID tags in the hotel laundry industry, we can analyze it from the perspective of the number of hotels and rooms in China.
According to statistics, as of the end of 2022, there were 312,700 accommodation facilities (15 or more rooms) in the national hotel industry, with a total of 16.3085 million guest rooms.
According to our research, each hotel room requires about 30 UHF RFID tags. Based on this estimate, the entire hotel linen industry requires about 30 UHF RFID tags.
There are approximately 450-500 million tags.
There are two main business models for linen washing in hotels. One is that the hotel acts as an investor and purchases RFID tags to manage its own hotel's linen assets; the other is a third-party linen leasing company that uses RFID tags to achieve its own goals. Management of assets and lease settlement purposes.
Washable labels are not disposable consumables, but need to be reused. Generally, a label needs to be washed hundreds of times, or even more. Moreover, washable labels are different from ordinary labels from chip to substrate to packaging. Therefore, the price of washing labels is relatively expensive, usually 1-3 yuan.
According to the information we have researched, the annual market shipments of laundry labels in the Chinese market are about 20 million, and the market penetration is still relatively low. According to our previous calculations, the total label capacity of the Chinese hotel market is about 450-500 million pieces. , it is conservatively estimated that the number of companies that have the ability to invest in tags accounts for about 20%, and the total market capacity of tags is about 100 million. Generally, linens need to be updated in about 3 years, and the iteration speed of tags is also the same. Therefore, this market tag The number will remain in the order of tens of millions every year.
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