Anti-Counterfeit Packaging Market Size is estimated to grow at a CAGR of 15.0% during the forecast period


Posted July 11, 2023 by Niraj1

In order to decrease product infringement or counterfeiting, anti-counterfeit packaging involves the process of assigning secure packaging to each product.
 
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. During the forecast period of 2022–2030, the global anti–counterfeit packaging market is anticipated to expand at a compound annual growth rate (CAGR) of 15.0%.

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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 practices 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. Additionally, 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.
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's expansion.
However, during the forecast period of 2022–2030, it is anticipated that factors such as the lack of awareness about authenticating pharmaceutical and food products among the general public and the high setup and innovation costs connected with anti–counterfeit packaging will restrain the growth of the global anti–counterfeit packaging market.
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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Categories Health , Industry , News
Tags anticounterfeit packaging market , anticounterfeit packaging market size , anticounterfeit packaging market share , anticounterfeit packaging marketgrowth
Last Updated July 11, 2023