Anti-Counterfeiting Packaging Market to Reach USD 189.9 Billion by 2026 | Global Anti-Counterfeiting Packaging Industry Share, Global Research and Forecast Report by Fortune Business Insights™
Companies covered in the anti-counterfeiting packaging market are MicroTagTemed Ltd., BrandWatch Technologies, AlpVision, SICPA HOLDING SA., Zebra Technologies Corporation, CCL Industries Inc., Impinj, Inc., Authentix., Avery Dennison Corporation, SML Group, 3M Company and many more players profiled.
Pune, India, Feb. 01, 2022 (GLOBE NEWSWIRE) — According to the study by Fortune Business Insights™, the global anti-counterfeiting packaging market size is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising menace of flagrant counterfeiting on e-commerce platforms is likely to emerge as the central growth driver for this market, E-commerce platforms have become a breeding ground for counterfeiters to sell fake products to unsuspecting customers.
A study conducted by a community media platform called Local Circles found that approximately 20% of the products sold on e-commerce sites are counterfeit. Widespread presence of such fake products across online marketplaces poses a grave threat not just to the well-being of consumer, but also to investments being made into these companies. In response, e-commerce giants such as Amazon and Alibaba are implementing advanced anti-counterfeiting measures to protect both consumers and investors, which are leading the anti-counterfeiting packaging market trends.
Get a Sample PDF Brochure:
List of Companies Covered in the Report:
- MicroTagTemed Ltd.
- BrandWatch Technologies
- AlpVision
- SICPA HOLDING SA.
- Zebra Technologies Corporation
- CCL Industries Inc.
- Impinj, Inc.
- Authentix.
- Avery Dennison Corporation
- SML Group
- 3M Company
The report on this market states that the market value stood at USD 104.5 billion in 2018. Besides this, the report shares the following information:
- Diligent segmentation of the market and careful study of each segment;
- Detailed evaluation of the factors driving and restraining the market;
- Comprehensive research into the regional and competitive dynamics influencing the market; and
- Precise computation of market values and figures.
| ATTRIBUTES | DETAILS |
| Study Period | 2015-2026 |
| Base Year | 2018 |
| Forecast Period | 2019-2026 |
| Historical Period | 2015-2017 |
| Unit | Value (USD million) |
| Segmentation | By Technology
|
By End-Use
| |
By Geography
|
Market Driver
Concerted Efforts to Tackle Counterfeiting to Boost the Market
Counterfeiting practices are running rampant across all the major sectors and industries around the world. These practices have gained firm ground in critical sectors and have the potential to cause serious, long-term damage to the healthof consumers. For example, the World Health Organization estimates that roughly 10% of the pharmaceutical drugs and medicines sold in low- and middle-income countries are fake or substandard. This, and many such findings, has spurred governments into action. For instance, China came out with a law in early 2019 that holds sellers and e-commerce platforms jointly accountable for counterfeit products sold on such platforms. Many leading technology companies are also coming to the fore with advanced solutions. For instance, IBM developed the Crypto Anchor Verifier, an Artificial Intelligence- and blockchain-based counterfeit detector that runs on a smartphone. These independent efforts have considerably augmented the potential of this market
Browse Summary of This Research Report:
https://www.fortunebusinessinsights.com/anti-counterfeiting-packaging-market-102692
Regional Analysis
North America to Hold Commanding Lead; Asia-Pacific to Showcase Remarkable Growth
With a market size of USD 37.28 billion in 2018, North America is slated to dominate the anti-counterfeiting packaging market share during the forecast period owing to extensive utilization of superior anti-counterfeiting packaging solutions. This is further propelled by the surging demand for packaged food and beverage products in the region, which is boding well for the market.
Asia-Pacific is expected to present plenty of lucrative opportunities on account of rapid economic growth in India and China. Moreover, private players and the government in China are focused on effectively tackling the high rate of counterfeiting in the country through policy and technology, thereby fueling this market. In Europe, stable demand for consumer electronics will mainly drive the growth of the market.
Inquire Before Buying Report:
https://www.fortunebusinessinsights.com/enquiry/queries/anti-counterfeiting-packaging-market-102692
Competitive Landscape
Launch of Novel Solutions to Animate Competitive Fervor among Players
Incorporation of advanced, intelligent technologies in the e-commerce industry has paved the way for key players in this market to innovate and come out with next-gen solutions, as per the anti-counterfeiting packaging market report. As a result, some of the top companies are focusing on launching new products to entrench their market position, while some are acquiring businesses to expand their portfolio.
Table of Content
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Emerging Trends in Global Market
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
- Key developments: Mergers, Acquisition, Collaboration, Partnership, and Joint Venture
- Anti-Counterfeiting Packaging Market Analysis, Insights and Forecast – By Technology
- Key Findings
- Market Analysis, Insights and Forecast – By Technology
- RFID
- Holograms
- Barcode
- Others
TOC Continued…!
Speak to Our Expert:
Key Industry Developments:
- March 2020: The US-based RFID provider SML RFID introduced the RFID FactoryCare™ with the aim to smoothen the supply chain in fashion retailing by enabling manufacturers efficiently manage RFID-tagged products. Furthermore, the product will enhance item visibility all through the supply chain process and ensure foolproof delivery.
- March 2020: Avery Dennison Corporation, the US-based adhesive manufacturer, announced the successful acquisition of the transponder business arm of Smartrac, a leading developer and manufacturer of RFID inlays based in Netherlands. The deal was sealed at an estimated value of €225 million.
Have a Look at Related Research Insights:
HDPE Packaging Market Size, Share & Industry Analysis, By Product (Bags and Pouches, Bottles and Vials, Crates and Containers, Films, Others), By Type (Flexible, Rigid), By Application (Chemical, Pharmaceutical, Food and Beverage, Retail, Others) And Regional Forecast 2022-2029
Cosmetic Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Hair Care, Make-up and Nail care), and Regional Forecast, 2020-2027
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
