#Anti-counterfeit Packaging Market
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Anti-Counterfeit Packaging Market Strategies for Growth, Segmentation, and Market Overview by 2024-2031
The "Anti-Counterfeit Packaging Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.
What is the projected market size & growth rate of the Anti-Counterfeit Packaging Market?
Market Analysis and Size
The anti-counterfeit packaging market is expected to grow at a significant rate. This is attributable to integration of new anti-counterfeit technologies in event ticketing and security documents and track and trace technology advancement. According to the Organization for Economic Co-operation and Development (OECD) analysis, counterfeiting prices the global economy US$ 250 Bn per year. A projected of 10% of pharmaceuticals are counterfeit around the world, according to the world health organization. Counterfeiting can take place anywhere in supply chain and is difficult to control. As a result of this, enhance the demand for the anti-counterfeit packaging.
Data Bridge Market Research analyses that the anti-counterfeit packaging market is expected to reach USD 348.87 billion by 2030, which is USD 133.10 billion in 2022, registering a CAGR of 12.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Anti-Counterfeit Packaging market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Anti-Counterfeit Packaging Market.
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Which are the driving factors of the Anti-Counterfeit Packaging market?
The driving factors of the Anti-Counterfeit Packaging market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Anti-Counterfeit Packaging across various industries further propel market expansion.
Anti-Counterfeit Packaging Market - Competitive and Segmentation Analysis:
Global Anti-Counterfeit Packaging Market, By Technology (RFID, Security Inks & Coatings, Security Seals, Holograms, Mass Encryption, Barcode, Mass Serialization), Usage Feature (Track & Trace, Tamper Evidence, Covert, Forensic Markers), Packaging Format (Bottles & Jars, Vials & Ampoules, Blisters, Trays, Pouches & Sachets, Others), End-Use (Food and Beverage, Healthcare, Automotive, Personal care & Cosmetics, Electrical & Electronics, Other Industrial) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Anti-Counterfeit Packaging market?
Some of the major players operating in the anti-counterfeit packaging market are:
AVERY DENNISON CORPORATION (U.S.)
3M (U.S.)
CCL Industries (Canada)
DuPont (U.S.)
Agfa-Gevaert Group (Belgium)
Zebra Technologies Corp (U.S.)
SATO Holdings Corporation (Japan)
AlpVision (U.S.)
Zebra Technologies Corp (U.S.)
Tageos (France), Identiv, Inc. (U.S.)
GlobeRanger (U.S.)
Motorola Mobility LLC (U.S.)
Vizinex RFID (U.S.)
ASSA ABLOY (Sweden)
RFID Global Solution (U.S.)
Checkpoint Systems, Inc (U.S.)
Short Description About Anti-Counterfeit Packaging Market:
The Global Anti-Counterfeit Packaging market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Anti-Counterfeit Packaging. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Anti-Counterfeit Packaging Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Anti-Counterfeit Packaging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Anti-Counterfeit Packaging market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Anti-Counterfeit Packaging Market Research/Analysis Report Contains Answers to your following Questions
What are the global trends in the Anti-Counterfeit Packaging market?
Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Anti-Counterfeit Packaging?
What are the upcoming industry applications and trends for Anti-Counterfeit Packaging market?
What Are Projections of Global Anti-Counterfeit Packaging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Anti-Counterfeit Packaging?
What are the raw materials used for Anti-Counterfeit Packaging manufacturing?
How big is the opportunity for the Anti-Counterfeit Packaging market?
How will the increasing adoption of Anti-Counterfeit Packaging for mining impact the growth rate of the overall market?
How much is the global Anti-Counterfeit Packaging market worth? What was the value of the market In 2020?
Who are the major players operating in the Anti-Counterfeit Packaging market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Anti-Counterfeit Packaging Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Anti-Counterfeit Packaging Market Insights and Forecast to 2031
Introduction
Market Segmentation
Executive Summary
Premium Insights
Market Overview
Anti-Counterfeit Packaging Market By Type
Anti-Counterfeit Packaging Market By Function
Anti-Counterfeit Packaging Market By Material
Anti-Counterfeit Packaging Market By End User
Anti-Counterfeit Packaging Market By Region
Anti-Counterfeit Packaging Market: Company Landscape
SWOT Analysis
Company Profiles
Continued...
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Anti-counterfeit Packaging Market Share 2024 Trends, Growth, and Forecast by 2031
Anti-Counterfeit Packaging Market ShareScope & Overview
The global Anti-Counterfeit Packaging Market Shareresearch report provides an in-depth analysis of the existing and future state of the industry. The study comprises all market data and is based on extensive primary and secondary research. Statistics by type, industry, channel, and other parameters are included in the analysis, as well as market volume and value for each category. The coronavirus pandemic has an influence on the global economy. Several market conditions have shifted. The market is fast evolving, according to the study report, and its influence is being studied both now and in the future.
The study offers exact figures for the industry's market size, share, production capacity, demand, and growth for the anticipated year. This is the most recent market effect analysis research for COVID-19. The Anti-Counterfeit Packaging market research looks at the market's top businesses, distributors, and the entire structure of the industrial chain. It also evaluates the aspects and criteria that may have an impact on market expansion.
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Market Key Players:
Zebra Technologies Corporation, 3M Company, SAVI Technology, EDGYN, Authentix Inc, Applied DNA Science, CCL Industries, Micro Tag Temed Ltd, Advance Track & Trace, DuPont
Market Segmentation
The research looks on the industry's growth goals, cost awareness, and manufacturing procedures. Market segmentation by product type, application, end-user, and geography is discussed in the Anti-Counterfeit Packaging research report. A basic industry overview, as well as categorization, definition, and, as a result, the supply and demand chain structure, are included in the market study. Global research includes global marketing data, competitive climate surveys, growth rates, and critical development status information.
By Packaging Format:
Bottle & Jars
Blisters
Trays
Vials & Ampoules
Pouches & Sachets
Others
By Technology:
RFID
Forensic Makers
Mass Encoding
Holograms
Tampers Evidence
Others
By End Use:
Automotive
Pharmaceuticals
Personal Care
Luxury Goods
Food & Beverage
Electrical & Electronics
Others
Russia-Ukraine War Impact on Anti-Counterfeit Packaging Market
The impact of the Russia-Ukraine conflict on the worldwide market is covered in the research study. While tensions between Russia and Ukraine have been increasing for years, the present military action heightens fears of a long-term conflict within Ukraine, as well as market and global economic implications. The market research report covers whether this ongoing conflict is making any of on target market or not.
Regional Analysis
From production and consumer ratios to market size and market share, import and export ratios, supply and demand, consumer demand ratios, technological advancements, research and development, infrastructure development, economic growth, and a strong market presence in every region, research covers everything. Geographic study will assist players in discovering profitable markets where they may capitalize on fresh opportunities. The Anti-Counterfeit Packaging market is divided into five regions: North America, Latin America, Europe, Asia Pacific, and the Rest of the World.
Competitive Outlook
The research report covers financial conditions, global positioning, product portfolios, income and gross profit margins, as well as technology and research breakthroughs. The Anti-Counterfeit Packaging market research focuses on the industry's most notable acquisitions, collaborations, and product launches. To provide deeper insights into key players, the study report incorporates modern research approaches such as SWOT and Porter's Five Forces analysis. The study provides a comprehensive assessment of the global competitive climate as well as critical insights into the major competitors and their expansion plans.
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#Anti-Counterfeit Packaging Market#Anti-Counterfeit Packaging Market Trend#Anti-Counterfeit Packaging Market Demand#Anti-Counterfeit Packaging Market Insights#Anti-Counterfeit Packaging Market Growth
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The global anti-counterfeit packaging market size reached a value of US$ 96.71 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 195.61 Billion by 2027, exhibiting a CAGR of 12.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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Anti-Counterfeit Packaging Market Sales Statistics, Key Players, Growth Projection Outlook to 2032 | Alpvision SA, Applied DNA Sciences Inc., 3M Company
Anti-Counterfeit Packaging Market Sales Statistics, Key Players, Growth Projection Outlook to 2032 | Alpvision SA, Applied DNA Sciences Inc., 3M Company
The Global Anti-Counterfeit Packaging Market 2023-2032 report is a collection of details related to industry performance. Every aspect is studied in detail in the research report. The market analysis report provides comprehensive analysis of all the financial topics associated with the Anti-Counterfeit Packaging industry. The growth pattern seen in the Anti-Counterfeit Packaging industry…
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#Anti-Counterfeit Packaging#Anti-Counterfeit Packaging manufacturing companies#Anti-Counterfeit Packaging market#Anti-Counterfeit Packaging Market Size#Anti-Counterfeit Packaging market trends#Scope of Anti-Counterfeit Packaging industry
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The anti-counterfeit packaging market is growing rapidly in accordance with the growth in the end-use sector of the packaging market, globally. Factors such as increasing awareness of anti-counterfeiting solutions in the pharmaceutical & healthcare sector and growing demand for packaged food & beverages have significantly contributed to the growth of the anti-counterfeit packaging market. The anti-counterfeit packaging market is classified based on technology, end-use industry, and region. It has experienced continuous progress with regard to technological development and innovations in the packaging industry coupled with growing counterfeiting activities around the world. According to MarketsandMarkets, the global market for anti-counterfeit packaging, in terms of value, is projected to reach USD 211.3 billion by 2026, at a CAGR of 12.5%.
The anti-counterfeit packaging market has been dominated by large players, such as the Avery Dennison Corporation (US), CCL Industries Inc. (Canada), 3M Company (US), DuPont (US), and Zebra Technologies Corporation (US). The other players in the market are SICPA Holding SA (Switzerland), AlpVision S.A (Switzerland), Applied DNA Sciences Inc. (US), Savi Technology, Inc. (US), and Authentix, Inc. (US).
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Anti-counterfeit Packaging Market to Rear Excessive Growth During 2021-2026| Avery Dennison, CCL Industries Inc., 3M Company, DuPont, Zebra Technologies Corporation and Others
Anti-counterfeit Packaging Market to Rear Excessive Growth During 2021-2026| Avery Dennison, CCL Industries Inc., 3M Company, DuPont, Zebra Technologies Corporation and Others
Anti-counterfeit Packaging Market
The anti-counterfeit packaging market is growing rapidly in accordance with the growth in the end-use sector of the packaging market, globally. Factors such as increasing awareness of anti-counterfeiting solutions in the pharmaceutical & healthcare sector and growing demand for packaged food & beverages have significantly contributed to the growth of the…
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Global Anti-Counterfeit Packaging Market is projected to reach USD 312.2 billion by 2027
VynZ Research provides a market overview of the current environment as well as the industry's future growth in the Global Anti-Counterfeit Packaging Market. It uses data from annual reports, product literature, industry developments, and other sources to conduct a quantitative market study. The future growth prospects of the industry are based on a rapid quantitative and qualitative assessment of data from various sources.
The Global Anti-Counterfeit Packaging Market is projected to reach USD 312.2 billion by 2027, witnessing a CAGR of 10.5% during the forecast period 2021-2027.
To assist companies in developing their business plans, the research examines the major factors influencing the growth of the Global Anti-Counterfeit Packaging Market, also including Drivers, Constraints, Governmental Policies, Opportunities, Challenges, a Constructive Approach, and Market Economic Expansion Strategies.
Get a free sample copy of this market research: https://www.vynzresearch.com/chemicals-materials/anti-counterfeit-packaging-market/request-sample
#Anti-Counterfeit Packaging Market#Anti-Counterfeit Packaging#Anti-Counterfeit Packaging Market Size#Anti-Counterfeit Packaging Market Share#Anti-Counterfeit Packaging Market Analysis
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#Vietnam Anti-counterfeit Packaging Market#Market Size#Market Share#Market Trends#Market Analysis#Industry Survey#Market Demand#Top Major Key Player#Market Estimate#Market Segments#Industry Data
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Strict Safety Regulations are Trending in the Anti-Counterfeit Packaging Market
The anti-counterfeit packaging market is observing a considerable growth at present, and this trend will continue in the years to come as well, because of the growth of the counterfeit industry all over the world.
The surge in strict product safety regulations with regards to counterfeiting is the newest trend in the industry. Subsequently, concentration of fake products is unceasingly increasing, government of numerous countries are employing strict regulations for controlling counterfeiting activities. These guidelines impact the industry positively and target to wipe out fake products.
The track and trace category, with regards to technology had the largest share in the industry. It is because of the high-volume acceptance of packaging techs, allowing manufacturers to track and trace their shipments and evade any technological impairments.
Pharma and healthcare will grow the fastest in the years to come. This has a lot to do with the fast acceptance of this kind of packaging in medical industry, due to the snowballing concerns regarding health and also an increase in the production of pharmaceuticals.
North American anti-counterfeit packaging market was the largest in the past, and it will continue to be like this in the years to come as well. This has a lot to do with the strong base of pharma, food and beverage, and consumer good companies, adopting anticounterfeit packaging. Seeing the future scenario, the U.S. will lead the regional market.
In the years to come, the industry will grow the fastest in the APAC, mainly because of the growing consciousness pertaining to the unscrupulous counterfeit activities among manufacturers. The growth can also be attributed to the increasing population along with the increasing disposable income, which is leading to the increasing demand for packaged food in the region, eventually boosting the market.
#Anti-Counterfeit Packaging#Brand Protection#Market Trends#Security Innovations#Authentication Solutions#Market Players#Product Traceability#Tamper-Evident Packaging#Supply Chain Security#Pharmaceutical Authentication#Food and Beverage Security#Market Insights#Packaging Technology
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QR Code Anti-Counterfeit and Brand Protection Solutions
QR code anti-counterfeit and security solutions have become increasingly important in recent years due to the rise of counterfeit products and fraudulent activities. Here are a few points to consider when implementing such a solution:
Authentication: Make sure your QR code solution provides a robust authentication mechanism. This can include cryptographic methods, digital signatures, or other security measures to ensure the authenticity of the product.
Track and Trace: Implement a system that allows you to track the movement of your products from manufacturing to distribution to point-of-sale. This can help identify where counterfeit products are entering the supply chain.
User-Friendly: Ensure that the solution is user-friendly for both consumers and brand owners. Consumers should be able to easily verify the authenticity of a product using their smartphones, while brand owners should have access to comprehensive tracking and reporting tools.
Education: Educate consumers about how to use the QR code to verify product authenticity. Include clear instructions on packaging or marketing materials.
Integration: Make sure your solution can be easily integrated into your existing supply chain and manufacturing processes. This will minimize disruption and cost.
Data Security: Protect the data collected through the QR code system. Customer information and product tracking data should be stored securely to prevent data breaches.
Scalability: Ensure that the solution can scale with the growth of your business. As your product lines expand, the anti-counterfeit system should be able to accommodate more products and QR codes.
Regulatory Compliance: Be aware of any regulatory requirements or industry standards related to anti-counterfeit measures in your specific industry. Ensure that your solution complies with these standards.
Cost-Benefit Analysis: Consider the cost of implementing the QR code anti-counterfeit system against the potential savings from reducing counterfeit activities. It's important to demonstrate a clear return on investment.
Continuous Improvement: Continuously monitor the effectiveness of your solution and be prepared to make improvements and updates as needed to stay ahead of counterfeiters' tactics.
By addressing these points, you can create a comprehensive QR code anti-counterfeit and security solution that provides brand protection and helps eliminate fraudulent activities effectively.
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Anti-counterfeit Pharmaceutical Packaging Market: Key Strategies for Drug Authentication
The pharmaceutical industry plays a critical role in public health by providing life-saving medications and treatments. However, this industry faces an ongoing challenge: counterfeit drugs. Counterfeit pharmaceuticals pose a significant threat to patients' health, as they may contain ineffective or harmful ingredients. To combat this issue, the pharmaceutical sector has embraced anti-counterfeit pharmaceutical packaging solutions. In this article, we will delve into the "Anti-counterfeit Pharmaceutical Packaging Market," exploring its growth drivers, current trends, key players, and future prospects.
The Need for Anti-counterfeit Pharmaceutical Packaging
Counterfeit pharmaceuticals are a global concern, with potentially devastating consequences. Patients relying on counterfeit drugs may experience worsened health conditions, adverse side effects, or even fatalities. The World Health Organization (WHO) estimates that around 10% of drugs available worldwide are counterfeit, with the percentage rising in some regions. To address this alarming issue, the pharmaceutical industry has adopted anti-counterfeit measures, and packaging is at the forefront of these efforts.
Market Growth Drivers
Stringent Regulatory Requirements: Regulatory bodies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have implemented strict guidelines regarding pharmaceutical packaging and labeling to ensure product integrity and patient safety. Compliance with these regulations drives the adoption of anti-counterfeit packaging solutions market.
Increasing Counterfeit Drug Incidents: As counterfeit drug incidents continue to rise, pharmaceutical companies are compelled to invest in advanced packaging technologies to protect their brand reputation and, more importantly, patient well-being.
Advancements in Technology: Innovations in printing, tracking, and authentication technologies have made it easier for pharmaceutical companies to implement anti-counterfeit measures in their packaging. QR codes, holograms, tamper-evident seals, and unique serial numbers are just a few examples of such advancements.
Growing Pharmaceutical Industry: The pharmaceutical industry is expanding, driven by an aging population, increased healthcare spending, and the demand for new treatments. This growth, in turn, fuels the demand for effective anti-counterfeit packaging solutions.
Current Trends in the Market
Track-and-Trace Technologies: Pharmaceutical companies are increasingly adopting track-and-trace technologies to monitor the movement of their products throughout the supply chain. This ensures that medications reach their intended destination without tampering.
Smart Packaging: Smart packaging solutions, such as RFID (Radio-Frequency Identification) tags and NFC (Near-Field Communication) labels, enable real-time monitoring of products and enhance supply chain security.
Authentication Features: Innovative authentication features, like digital watermarks and 3D holograms, are being integrated into pharmaceutical packaging to make it more difficult for counterfeiters to replicate.
Blockchain in Pharmaceuticals: Blockchain technology is gaining traction in the pharmaceutical industry to create transparent and immutable records of a drug's journey from manufacturer to consumer. This helps in verifying the authenticity of pharmaceutical products.
Key Players in the Market
Several companies specialize in providing anti-counterfeit pharmaceutical packaging solutions. Some of the key players in this market include:
Avery Dennison Corporation: Known for its expertise in labeling and packaging materials, Avery Dennison offers a range of anti-counterfeit solutions, including tamper-evident labels and RFID tags.
CCL Industries Inc.: CCL Industries is a global leader in specialty packaging solutions, offering technologies such as brand protection labels and tamper-evident closures.
SICPA: SICPA specializes in secure traceability and authentication solutions, providing pharmaceutical companies with tools to combat counterfeit drugs effectively.
Essentra: Essentra focuses on providing packaging, authentication, and security solutions tailored to the pharmaceutical industry's needs.
Future Prospects
The anti-counterfeit pharmaceutical packaging market is poised for significant growth in the coming years. As the pharmaceutical industry expands and regulations become even more stringent, the demand for innovative packaging solutions will continue to rise. Furthermore, advancements in technology, including the integration of blockchain and artificial intelligence, will further enhance the effectiveness of anti-counterfeit measures.
In conclusion, the "Anti-counterfeit Pharmaceutical Packaging Market Growth" is essential for safeguarding public health and maintaining the integrity of the pharmaceutical industry. As counterfeit drug incidents persist, pharmaceutical companies will increasingly invest in advanced packaging solutions to protect their products and, most importantly, their patients. With evolving technology and a commitment to regulatory compliance, this market is set to play a pivotal role in ensuring the safety and efficacy of pharmaceutical products in the years to come.
#Anti-counterfeit Pharmaceutical Packaging Market Share#Anti-counterfeit Pharmaceutical Packaging Market Growth#Anti-counterfeit Pharmaceutical Packaging Market Demand
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Anti-counterfeit Pharmaceuticals And Cosmetics Packaging Market - Forecast 2022-2027
The Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market size is forecasted to reach US$ 111.6 billion by 2027, after growing at a CAGR of 15.8% during the forecast period 2022-2027. The counterfeiting malpractice has been increasing rapidly and has become a matter of concern for several original cosmetics and pharmaceutical manufacturers all around the world. Hence, a wide range of anti-counterfeit technologies are being adopted worldwide in order to prevent the practice of counterfeiting in the pharmaceuticals and cosmetics industries. Some of the common technologies include holograms, barcodes, mass serialization, tamper evidence technology, radio frequency identification (RFID), and more.
#Anti-counterfeit Pharmaceuticals And Cosmetics Packaging Market price#Anti-counterfeit Pharmaceuticals And Cosmetics Packaging Market size#Anti-counterfeit Pharmaceuticals And Cosmetics Packaging Market share
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Anti-counterfeit Electronics And Automobiles Packaging Market Forecast (2023 - 2028)
The Anti-counterfeit Electronics And Automobiles Packaging Market size is projected to reach US$20.6 billion by 2027, after growing at a CAGR of 9.1% during the forecast period 2022-2027. The malpractice of counterfeiting is on the rise and has become a source of concern for many original automobile and electronics manufacturers worldwide. As a result, a wide range of anti-counterfeit technologies such as holograms, barcodes, watermarks, radio frequency identification and more are being adopted globally to prevent the practice of counterfeiting in the automobile and electronics industries. The booming application of anti-counterfeit packaging in the electronics industry is the primary reason for the anti-counterfeit electronics And automobiles packaging market growth. However, in 2020, the COVID-19 pandemic caused ripples in the anti-counterfeit electronics and automobiles packaging industry growth. In 2021, the ease of COVID-19-related regulations resulted in a surge in the production of products, including electronics, automotive and more. This, in turn, accelerated the anti-counterfeit electronics and automobiles packaging industry growth. Also, the bolstering automotive industry is expected to fuel the demand for anti-counterfeit electronics and automobiles packaging. As a result, the Anti-counterfeit Electronics And Automobiles Packaging market size would grow during the forecast period.
Report Coverage
The "Anti-counterfeit Electronics And Automobiles Packaging Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Anti-counterfeit Electronics And Automobiles Packaging Market.
By Technology: Authentication Technologies [Ink and Dyes, Holograms (Overt Holograms and Covert Hologram), Watermarks (Physical Paper Watermark and Digital Watermark), Taggants and Others] and Track and Trace Packaging Technologies [Barcode Technology (Paper Barcode Labels, Aluminum Barcode Labels, Polyester Barcode Labels, Ceramic Barcode Labels and Others), RFID Technology (High-frequency RFID and Ultra-high Frequency RFID) and Others].
By Application: Electronics (Air Conditioners, Refrigerators, Smartphones, Computers, Television and Others) and Automobiles [Passenger Vehicles (PV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)].
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World [the Middle East (Saudi Arabia, the UAE, Israel and the Rest of the Middle East) and Africa (South Africa, Nigeria and the Rest of Africa)].
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Key Takeaways
Asia-pacific dominated the Anti-counterfeit Electronics And Automobiles Packaging Market, owing to the electronics industry growth in the region. According to Invest India, in 2014-2015, India’s electronics production was US$29 billion and in 2020-2021, it grew to US$67 billion, which is more than double.
The ongoing developments associated with the hologram, barcode and technologies would spur market growth in the upcoming years.
Moreover, the government initiatives for the protection of malpractices for counterfeit are accelerating the market growth.
However, the high cost of Anti-counterfeit technology may restrict the Anti-counterfeit Electronics and Automobiles Packaging industry growth during the forecast period of 2022-2027.
Anti-counterfeit Electronics And Automobiles Packaging Market Segment Analysis – by Product Type
The track and trace packaging technologies segment held the significant Anti-counterfeit Electronics And Automobiles Packaging Market share in 2021 and is expected to grow at a CAGR of 9.3% during the forecast period 2022-2027. Track and trace package technologies like RFID, barcode and others offer various advantages like real-time analytics, improved brand loyalty and operational efficiencies in contrast to holograms, Watermarks and other anti-counterfeiting technologies. Additionally, inventory visibility across the entire supply chain and higher customer service quality are made possible by RFID technology. As a result, the demand for Track and Trace packaging technologies is increasing as compared to other anti-counterfeit technology types. This factor is accelerating the Anti-counterfeit Electronics And Automobiles Packaging market growth.
Anti-counterfeit Electronics And Automobiles Packaging Market Segment Analysis – by End-use Industry
The electronics segment held the largest Anti-counterfeit Electronics And Automobiles Packaging Market share in 2021 and is projected to grow at a CAGR of 9.5% during the forecast period 2022-2027. Electronics brands are protected by anti-counterfeit packaging from the harm that might happen from fake goods, such as lost sales, a damaged reputation and safety risks. According to Japan Electronics and Information Technology Industries Association (JEITA), in 2020, the worldwide electrical and electronics production was US$3,033.7 billion and in 2021, it was about US$3,330.6billion, an increase of about 9.8%. Also, according to Global System for Mobile Communication, there would be 700 million new mobile subscribers in the world by the year 2025. Hence, the surge in electronics production is expected to boost the demand for Anti-counterfeit Packaging. This, in turn, would propel the market growth in the coming years.
Anti-counterfeit Electronics And Automobiles Packaging Market Segment Analysis – by Geography
Asia-pacific is the dominating region in this market as it held the largest Anti-counterfeit Electronics And Automobiles Packaging Market share of up to 48% in 2021. The sectoral growth of Asia-pacific economies is been fueled by the growth of various industries such as electrical & electronics, automotive and more. Factors such as government policies aiding the electronics industry, emerging economies, technological advancement and more factors are vital for the growth of the electronics industries growth in Asia-pacific. For instance, in April 2020, the Indian government implemented Production Linked Incentive Scheme (PLI) for the electronic and electrical industry to increase electronics industry production. Moreover, according to Japan Electronics and Information Technology Industries Association (JEITA), in 2020, the total electronics production in Japan was ¥9,964,769 million (US$93,389.82 million) and in 2021, it was ¥10,954,346 million (US$99,772.18 million), an increase of 9.9%. Therefore, the growth of the electronics industry in Asia-pacific is accelerating the demand for anti-counterfeit packaging. As a result, the Anti-counterfeit Electronics And Automobiles Packaging market size is growing.
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Anti-counterfeit Electronics And Automobiles Packaging Market Drivers
Booming Automobiles Production:
The counterfeit products utilized in automobiles are of such poor quality that they endanger countless lives in addition to impairing the performance of the vehicle in which they are used. Auto parts brands can safeguard their customers against fakes with the help of NeuroTags Anti-counterfeiting solution. The increasing adoption of passenger cars, the rapid pace of industrialization and other factors are spurring the growth of the transport industry. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2021, the global automotive production was 80,145,988 units, an increase of 2% over 2020. Thus, the growth of automobiles productions is fueling the demand for Anti-counterfeit Packaging to ensure protection from duplicate products. This variable is driving the market growth.
Stringent International Organization & Government Regulations for Counterfeit Products:
The goal of counterfeit organizations is to make enormous profits, mainly from imitation electronics and vehicles. The automotive and electronics industries are a common target for counterfeiters, partially, because of the complexity of their goods and the numerous opportunities it presents for imitation. Thus, governments and organizations are imposing restrictions on automobiles and electronics counterfeit products to reduce the losses due to counterfeiting. For instance, public awareness campaigns similar to the UK's have been going on for a while and groups like the Automotive Anti-Counterfeiting Council, a consortium of the 11 major American automakers, are working to prohibit the sale of automobile counterfeiting products. Also, in 2021, major e-commerce sites like eBay took steps to implement anti-counterfeit policies because the online market is such a hotbed for the sale of counterfeit goods. Thus, the restrictions related to automobiles and electronics counterfeit products are aiding the Anti-counterfeit Electronics And Automobiles Packaging market growth.
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Anti-counterfeit Electronics And Automobiles Packaging Market Challenge
High Costs Associated with Anti-counterfeit Technology:
Companies all across the world are becoming increasingly conscious of the issues posed by counterfeiting. It is vital for businesses to ensure that their trademarks are secured by successfully adopting anti-counterfeiting solutions to combat the threat. However, the creation of anti-counterfeit packaging requires substantial upfront setup and innovation expenses, which deter both new businesses and potential customers from fully embracing anti-counterfeit solutions. Additionally, some current technologies, like barcodes and QR codes, are simple to copy or spoof without the right customer awareness. Thus, the high cost associated with the anti-counterfeit technology may restrict the Anti-counterfeit Electronics and Automobiles Packaging industry growth during the projected forecast period.
Anti-counterfeit Electronics And Automobiles Packaging Industry Outlook:
Technology launches, acquisitions and increased R&D activities are key strategies adopted by players in the Anti-counterfeit Electronics And Automobiles Packaging Market. The top 10 companies in the Anti-counterfeit Electronics And Automobiles Packaging Market are:
Giesecke & Devrient (G&D)
Impinj Incorporation
Datamax-O'Neil (Honeywell)
Alien Technology Corp
AlpVision
InkSure Technologies Inc
IAI industrial systems
Zebr Technologies Corp
Avery Dennison Corp
Applied DN Science
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Recent Developments
In July 2021, Authentix, the industry leader in authentication and information services, acquired Strategic IP Information Pte Ltd, Asia's top online brand and content rights protection provider (SIPI). The acquisition also involved Anti-counterfeit for automobile applications.
In May 2020, SICPA, a leader in product security, revenue realization and track & trace solutions, introduced new, integrated product security labels with cutting-edge, counterfeit-resistant visual effects and secure traceable codes. This product can covert features to safeguard brands and customers as the prevalence of fake goods reaches an all-time high.
In March 2020, Flexpol sp. z o.o. (Flexpol), which was doing business as Innovia Poland, was acquired by CCL Industries Inc. The company's capacity to support the Anti-counterfeit label business in the European continent was strengthened by this acquisition.
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