According to the recent report by IMARC Group, titled “Anti-Counterfeit Packaging Market “Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global anti-counterfeit packaging market is expected o grow at a CAGR of around 15% during 2021-2026.
Anti-counterfeit packaginginvolves the process of assigning secure packaging to a product in an attempt to reduce the incidences of infringement and counterfeiting of products. It results in preventing the imitation and production of unauthorized replicas of a trademarked product while safeguarding its authenticity. This benefits numerous companies by minimizing losses caused due to counterfeiting in terms of revenue and loyalty. As a result, it is widely deployed across a vast range of industrial verticals, including electronics, healthcare, pharmaceutical, automotive, and food and beverage.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Anti-Counterfeit Packaging Market Trends:
The global market is majorly driven by the rising awareness among the masses regarding the unapproved reproductions of counterfeit products of trademark labels across numerous industries. This has encouraged several players to adopt anti-counterfeiting packaging measures in order to minimize the instances of duplication of their products, which is providing an impetus to the market growth. This is further supported by various regulations implemented by the governments of several countries that are focused on reducing the production and distribution of imitation products significantly. The market is further driven by the integration of these packaging solutions with technological innovation to ensure extremely secure packaging for use in numerous industries. For instance, the launch of micro tags and Radio Frequency Identification (RFID)-based track and trace solutions are gaining widespread prominence among end users. Some of the other factors contributing to the market growth include the rising brand consciousness among the masses and considerable growth in the e-commerce sector.
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Global Anti-Counterfeit Packaging Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Alpvision SA, Applied DNA Sciences Inc., Authentix Inc. (Blue Water Energy LLP), Avery Dennison Corporation, CCL Industries Inc., DuPont, Savi Technology Inc. (Lockheed Martin), SICPA Holding SA, SML Group and Zebra Technologies.
The report has segmented the market on the basis on region, technology, feature type and end use industry.
Breakup by Technology:
- Barcodes
- RFID (Radio-Frequency Identification)
- Holograms
- Taggants
- Others
Breakup by Feature Type:
- Overt Features
- Covert Features
Breakup by End Use Industry:
- Food and Beverage
- Healthcare
- Automotive
- Consumer Electronics
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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