Global Anti-Counterfeit Packaging Market Value of US$ 422.8 Billion …
PRESS RELEASE Published April 4, 2023 The anti-counterfeit packaging market is a rapidly growing industry that provides solutions for preventing the counterfeiting of products and protecting consumer safety.
This market is driven by increasing concerns about the safety of products, the need to protect intellectual property, and the growth of e-commerce and globalization. The global anti-counterfeit packaging market is expected to register a staggering double-digit CAGR of 11.9% by garnering a market value of US£ 422.8 Billion. Anti-counterfeit packaging solutions are used in a wide range of industries, including pharmaceuticals, food and beverage, cosmetics, and consumer goods.
In the pharmaceutical industry, anti-counterfeit packaging solutions are used to prevent the sale of counterfeit drugs, which can be harmful to consumers and damage the reputation of the manufacturer. Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report https://www.futuremarketinsights.com/reports/sample/rep-gb-14564
In the food and beverage industry, anti-counterfeit packaging solutions are used to prevent the sale of counterfeit products, protect the intellectual property of the manufacturer, and provide information about the product’s origin and ingredients. In addition to their role in preventing counterfeiting, anti-counterfeit packaging solutions can also be used to track products throughout the supply chain, improve inventory management, and provide data for marketing and customer engagement. Overall, the anti-counterfeit packaging market is expected to continue to grow in the coming years, driven by increasing demand for product safety and security, the need to protect intellectual property, and the growth of e-commerce and globalization.
As a result, companies are investing in new technologies and solutions to meet the evolving needs of their customers and stay competitive in this rapidly changing market. Competitive Landscape Leading manufacturers in the anti-counterfeit packaging market are focusing on expanding their product portfolio and geographical footprint.
They are targeting specific end-use industries and are providing industry-relevant counterfeit protection solutions. Manufacturers are also trying to increase their covert counterfeit packaging solutions for the healthcare industry that are not easily visible on the product and the packaging. For instance:
- in January 2022, CCL Industries announced the acquisition of McGavigan Holdings Ltd. for its CCL design unit.
McGavigan Holdings Ltd. is a privately owned manufacturer of in-mold components for the automotive industry.
- In August 2021, Avery Dennison Corporation announced that it has acquired Vestcom, one of the leading providers of labeling solutions.
Are you looking for customized information related to the latest trends, drivers, and challenges? @ https://www.futuremarketinsights.com/customization-available/rep-gb-14564 Key Players:
- Avery Dennison Corporation
- 3M Company
- DuPont
- CCL Industries
- Zebra Technologies Corporation
- SATO Holdings
- SICPA Holdings SA
- Intelligent Label Solutions
Anti-counterfeit Packaging Market by Category By Packaging Format:
- Bottles & Jars
- Vials & Ampoules
- Blisters
- Trays
- Pouches & Sachets
- Others (Tubes, Syringes, etc.)
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By Technology:
- RFID
- Security Inks & Coatings
- Security Seals
- Holograms
- Mass Encryption
- Barcode
- Mass Serialization
By End Use:
- Food and Beverage
- Healthcare
- Automotive
- Personal care & Cosmetics
- Electrical & Electronics
- Other Industrial
By Region:
- North America
- Latin America
- Europe
- East Asia
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