Anti-Counterfeit Packaging Market Size is anticipated to reach at a CAGR of 15.0% during the forecast period
The global anti-counterfeit packaging market is expected to grow at a compounded annual growth rate (CAGR) of 15.0% during the forecast period of 2022-2030.
In order to decrease product infringement or
counterfeiting, anti-counterfeit packaging involves the process of assigning
secure packaging to each product. This style of packaging assists in preventing
imitation and verifies the products' safety. These anti-counterfeit measures
are mostly implemented by businesses to aid in minimizing losses brought on by
counterfeiting. Players involved in creating and releasing various
anti-counterfeit packaging technologies and goods for usage in various end-user
verticals make up the worldwide anti-counterfeit packaging market.
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Growth
Drivers:
In recent years, fake packaging has caused significant
losses for a number of end-user businesses. The pharmaceutical industry has
been the most adversely impacted of them all. The main cause of this is drug
counterfeiting for over-the-counter products. In both developed and emerging
economies, these practises result in financial losses for businesses and pose
serious health hazards to consumers. As a result, manufacturers are putting
more of an emphasis on trademark protection to decrease counterfeiting. Also,
they place a high priority on package security. The combination of all these
variables increases the demand for and uptake of anti-counterfeit packaging
solutions and supports the expansion of the worldwide anti-counterfeit packaging
market.
Additionally, since a few years ago, the regulatory
environment for the protection of the veracity of life-critical items has
advanced significantly. The anti-counterfeit packaging market has grown thanks
to strict laws and regulations implemented by governments of various areas,
notably the Anti-Counterfeiting Trade Agreement by the United States and the
labelling and serialisation measures by the EU Commission. The worldwide
anti-counterfeit packaging market's players are being presented with attractive
chances by advantageous government regulations regarding food and
pharmaceutical packaging.
The global e-commerce market is expanding quickly,
consumers are becoming more aware of product information, and printing
technology developments are on the rise. These and other factors are among the
key drivers of the anti-counterfeit packaging market
expansion.
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Anti-counterfeit Packaging Market Segmentation:
By Technology:
· Mass
Encoding
· RFID
· Holograms
· Forensic
Markers
· Tamper
Evidence
· Others
By End-use
Industry:
· Pharmaceuticals
· Food
& beverage
· Apparel
& footwear
· Automotive
· Personal
care
· Electrical
& electronics
· Luxury
goods
· Others
By Region:
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East and Africa
Key Companies in Anti-counterfeit Packaging
Market:
The research report offers a competitive analysis of
prominent companies operating in the global anti-counterfeit packaging market.
Some of the leading players profiled in the market research report include:
· Ampacet
Corporation
· Tracelink
Inc.
· TruTag
Technologies Inc.
· 3M
Company
· DuPont
· CCL
Industries
· Zebra
Technologies Corporation
· SATO
Holdings
· Avery
Dennison Corporation
· SICPA
Holdings SA
· Applied
DNA Science
· Intelligent
Label Solutions
· 3D
AG
· Systech
International
· Authentix
Inc.
· Advance
Track & Trace
· Alien
Technology Corp
· Inksure
Technologies
· Catalent
Pharma Solution Inc
· Other
Players
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