Invisible printing was the most widely used covert technology, which is attributed to the growing demand of this technique for pharmaceutical and security applications. Which region is going to tap highest market share in future.
The industry is expected to witness high growth on account of increasing concerns regarding the dilution of brand identity by the leading manufacturers across the globe. The demand for such products is expected to be driven by the imposition of stringent regulations to eliminate the production of spurious products.
Among these, pharmaceutical and healthcare is the leading category, with a revenue contribution of more than Company Snapshot Figure 39 E. Thus, in order to deal with counterfeit activities, manufacturers are adopting anti-counterfeit packaging technologies to protect their brand image and product authenticity.
Secure packaging is required to avoid such counterfeit products. The anti-counterfeit packaging market is expected to witness high growth due to increasing focus of manufacturers on brand protection to reduce counterfeiting. Covert technology is categorised into security labels, invisible printing, and others; overt technology is segmented into holograms, color shifting inks, and others; and similarly, track and trace technology is further categorised into machine readable data, radio-frequency identification RFIDand others.
Regional markets, technology, types, and applications.
Of these, track and trace is expected to be the fastest growing technology in the market, witnessing a CAGR of Key points covered in the report Report segments the market on the basis of types, application, products, technology, etc as applicable The report covers geographic segmentation North America Asia RoW The report provides the market size and forecast for the different segments and geographies for the period of to The report provides company profiles of some of the leading companies operating in the market The report also provides porters five forces analysis of the market.
The Asia-Pacific region is projected to register the highest growth rate during the forecast period due to increasing awareness among consumers which has led to more consciousness about product-related information before actual consumption, thereby increasing the demand for anti-counterfeit packaging in this region.
In addition, with help of trace and tracking technologies, the supply chain and logistics division of any organization can be regulated.
Du Pont De Nemours and Company: The industry is expected to register high growth over the forecast period driven by the demand for product authentication techniques in fast moving consumer goods FMCG industry.
Our Anti-Counterfeit Packaging business handouts represent the contemporary and the most dependable information essential for businesses to defend a rival verge. Along with that, the governments of various countries are laying down rules and regulations to control counterfeiting, which is encouraging manufacturers to adopt these packaging technologies.
The companies in the industry possess a large number of patents in order to differentiate their product and eliminate the threat of product poaching by competitors in the market. The predictions presented in the report have been acquired using evinced research procedures and conclusions.
This growth is due to its application in almost all types of packaging variables.
The demand for security labels is expected to emerge as the most lucrative covert security techniques due to high product security coupled with difficulty in the product forgery.
The report covers the market landscape and its growth prospects over the coming years. Increasing efforts by major manufacturers across the globe to drive down the losses incurred by the manufacture of counterfeit products is expected to benefit the industry growth.
Asia Pacific is a niche market for anti-counterfeiting packaging. Some of the industry players operating in the anti-counterfeit pharmaceutical packaging market include Zebra Technologies Corporation, Dennison Corporation, E.
In addition, the region is the major biologics research hub, which exports medical and pharmaceutical products across the globe.
Anti-counterfeit packaging is the process of assigning secure packaging to the products to minimize counterfeiting and infringement.
Of these, pharmaceutical and healthcare was the largest category in the market, with a contribution of more than The growth is attributed because of its technical implementation. In addition, the companies in the industry maintain high levels of secrecy with respect to the product technology to ensure product security.
In addition, growing efforts taken by the national governments primarily across Europe and North America to counter the threat of spurious products. In addition, high demand for such product for FMCG goods is likely to drive the market growth over the next nine years.
In this category, this packaging lends safety to the products and combats the illicit drug market. What is the market concentration.
Hence, anti-counterfeiting packaging technologies will help consumers to buy authentic and reliable products. In this analysis, the years considered to project the market size of Anti-Counterfeit Packaging are as follows: The market is divided into the following segments based on geography: In addition, growing demand for track and trace technology products for use in securing alcoholic products is expected to drive growth.
Request Free Sample Report https: Company Snapshot Figure 37 3M Company: The market for counterfeit goods has witnessed a significant increase over the past years due to high profit margins achieved by the sales of these products.
Thus, the organizations in the pharmaceutical industry worldwide are rapidly working on ways to stop duplicate products from penetrating into the markets so as to avert the negative impact on their sales revenue and their brand value.
The global anti-counterfeit packaging market is estimated at USD Billion in and is projected to reach USD Billion byat a CAGR of %. The base year considered for the study is with the market size projected from to This report studies the global Anti-Counterfeit Pharmaceutical Packaging market status and forecast, categorizes the global Anti-Counterfeit Pharmaceutical Packaging market size (value & volume) by manufacturers, type, application, and region.
This report focuses on the top manufacturers in North. Inthe covert feature segment of the global anti-counterfeit pharmaceutical packaging market recorded US$ Million by Global Anti-Counterfeit Packaging Market About Anti-Counterfeit Packaging Anti-counterfeit packaging is the process of providing secure packaging to products for reducing counterfeiting or imitation, thereby improving the safety of packaged goods.
The report "Anti-Counterfeit Packaging Market by Technology (Coding & Printing, RFID, Hologram, Security labels, Packaging Design), Usage Feature (Track & Trace, Tamper Evidence, Overt, Covert, Forensic Markers), End-use Sector, and Region - Global Forecast to ", The anti-counterfeit packaging market size is projected to grow from USD Billion in to reach USD.
The Global Anti-Counterfeit Packaging Market is poised to grow at a CAGR of around XX% over the next decade to reach.The global anti counterfeit packaging market