Secure packaging is important to avoid the counterfeiting of products. The anti-counterfeit packaging has wide escalation due to the spurt in manufacturing activities. The anti-counterfeit packaging solutions like 2D barcodes, holograms, forensic techniques, overt features, covert makers, and radio frequency identification are protecting the customers from fake products.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
The anti-counterfeit sector has many products to combat fake ones. It helps to build consumer trust in the products. The added benefit of this packaging is that you do not need any approval from any authoritative bodies.
The global anti-counterfeit packaging market is expected to witness significant growth during the forecast period due to the increasing adoption of these packaging largely by pharmaceutical companies. Moreover, the growing consumer awareness of the negative impact of spurious goods is driving market growth. The major factor driving the global anti-counterfeit packaging market is increasing consumer health risks.
The increasing concern about the dilution of brand identification through several leading manufacturers around the world is boosting the global anti-counterfeit packaging market. Furthermore, the growing technological innovation for highly secure packaging to be utilized in application industries is fueling the market growth significantly.
The need for these products is anticipated to be driven by the levying of strict government regulations to remove spurious products. The growing efforts of market key players across the world to impede the losses bear by counterfeit products are anticipated to drive market growth.
The market is expected to witness a high growth rate due to the growing demand for packaging techniques to combat counterfeit products in the fast-moving consumer goods (FMGC) sector. The growing research and development activities in the global anti-counterfeit packaging market by the key market players contribute to the significant growth of the market globally.
The global anti-counterfeit packaging market can be segmented into technology, end-users, usage features, and region.
By technology, the market can be segmented into mass encoding, tamper-evident technology, forensic markers, holograms, RFID, and others. The mass encoding segment holds hegemony over others owing to its product tracing solutions with the help of several nodes in supply chain management and logistics. RFID is a growing segment owing to the growing affinity of manufacturers.
By end-users, the market can be segmented into luxury goods, electrical & electronics, cosmetics & personal care, automotive, apparel & footwear, food & beverage, pharmaceuticals, and others. The pharmaceutical segment holds the largest market share in the global anti-counterfeit packaging market owing to the increasing awareness regarding anti-counterfeit packaging and human health. The strict government regulations regarding counterfeit activities further boost the segment.
By usage features, the market can be segmented into track & trace, covert, overt, and tamper evidence. The covert anti-counterfeiting segment dominates the market owing to the growing demand for low-cost secure packaging in the food and clothing & apparel industry. Moreover, the surging adoption of covert techniques due to the growing economies is expected to boost the growth of the segment.
Asia Pacific holds the largest market share in the global anti-counterfeit packaging market due to the growing development of the application sector. The need for pharmaceutical companies in the countries like China is expected to witness huge growth due to the growing adoption of product security technology by the manufacturers.
Government initiatives in regions like Europe and North America boost the growth of the regional market to counterfeit fake products.
Some of the significant players in the global anti-counterfeit packaging market are Advanced Track & Trace, IMPINJ, Inc., TruTag Technologies, Inc., Tracelink Inc., Impact Corporation, Systech International, 3D AG, AlpVision S.A., SML Group, Intelligent Label Solutions, Applied DNA Science, SICPA Holdings, Avery Dennison Corporation, SATO Holdings, Zebra Technologies Corporation, 3M Company, DuPont., and CCL Industries.
The global anti-counterfeit packaging market is expected to witness significant growth during the forecast period due to the increasing adoption of these packaging largely by pharmaceutical companies. Moreover, the growing consumer awareness over the negative impact of spurious goods is driving the market growth.
Some of the significant players in the global anti-counterfeit packaging market are Advanced Track & Trace, IMPINJ, Inc., TruTag Technologies, Inc., Tracelink Inc., Impact Corporation, Systech International, 3D AG, AlpVision S.A., SML Group, Intelligent Label Solutions, Applied DNA Science, SICPA Holdings, Avery Dennison Corporation, SATO Holdings, Zebra Technologies Corporation, 3M Company, DuPont., and CCL Industries.
Asia Pacific holds the largest market share in the global anti-counterfeit packaging market due to the growing development of the application sector. The need for pharmaceutical companies in the countries like China is expected to witness huge growth due to the growing adoption of product security technology by the manufacturers. The government initiatives in regions like Europe and North America boost the growth of the regional market to counterfeit fake products.
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