GS1 US research shows 2D barcodes can cut warehouse costs by over 60%, offering significant savings for Asian retailers and F&B businesses.
Why this matters for your business:
For Asian businesses, especially in retail and F&B, warehouse costs are a significant expense. A 60% reduction can directly improve profit margins. The technology also supports compliance with emerging traceability regulations in markets like Japan, South Korea, and Southeast Asia. By adopting 2D barcodes now, Asian companies can future-proof their operations as global standards evolve.
The global shift to 2D barcodes at point-of-sale is accelerating, and Asian businesses need to get their product data, packaging, and systems ready for the transition.
Why this matters for your business:
For retail and F&B business owners in Asia, the shift to 2D barcodes means your products must be ready for a new generation of point-of-sale systems. This technology enables better inventory tracking, reduces waste, and allows you to share rich product information with consumers. Early adopters can differentiate their brands and improve operational efficiency. Ignoring this trend could lead to compatibility issues with major retailers and lost sales opportunities.