The GMI Research speculates that the Anti-Counterfeiting Packaging Market will encounter notable growth over the forecast period. This is because of the aggravating consciousness concerned with the health and security of individuals and the rising susceptibility of healthcare items.
Introduction of the Anti-Counterfeiting Packaging Market
Anti-counterfeit packaging refers to the procedure of offer safe packaging to a product in order to reduce and manage duplication. The process validates the credibility & security of the goods to prevent duplication of fragile and endangered products such as foods & beverages, medicines, and cosmetics. Several anti-counterfeit packaging solutions, including 2-D barcodes, holograms, forensic techniques, overt features, radio frequency identification (RIF), and covert markers to protect consumers from forgery.
Key Players of Market:
- 3M Company
- DuPont de Nemours, Inc.
- Zebra Technologies Corporation
- SICPA Holdings SA
- Avery Dennison Corporation
- Applied DNA Sciences
- Intelligent Label Solutions
- CCL Industries Inc.
- SATO Holdings Corporation
- SML Group
Anti-Counterfeiting Packaging Market Dynamics
The augmenting consciousness among individuals concerned with the negative impacts of unprincipled goods, as well as the surging apprehension towards brand suspension, have energized the growth of the global anti-counterfeit packaging market. In addition, the intensified government norms and emphasis on the annihilation of fake goods are stimulating market growth. For example, the implementation of rules such as the United States Anti-Counterfeiting Trade Agreement (ACTA), marshalling and labelling norms by the European Union Commission is paving the way for market growth. Besides this, the growing demand for anti-counterfeiting solutions from different industrial verticals, including food & beverages, cosmetics, and pharmaceutical, because of the aggravating accessibility of artificial and fabricated products will further complement the market growth.
On the other hand, the inflated setup cost and excessive research and development investment is hindering the market growth. Also, insufficient recognition for validating food items and pharmaceutical products among consumers in emerging and underdeveloped nations will further curb the Anti Counterfeit Packaging Market Size.
Technology Segment Drivers
Based on the technology, covert is speculated to expand at a faster rate in the near future. The demand for covert solutions includes safety labels and indiscernible printing from different end-users such as the food and beverage, pharmaceutical, and clothing & apparels industry. Moreover, it proffers various benefits such as safe packaging at an economical price, unnoticeable to the naked eye, complication in copying without adequate knowledge, and convenient application are further driving the market growth.
Geographical Drivers
On the basis of regional coverage, the North American region is anticipated to seize the highest share in the market over the forecast period. This is because of the exacerbated concentration of producers on brand prevention and the enlarged packaging sector in the United States. In addition to it, the escalated online marketing and supply, as well as rapid digitalization, will supplement the market growth. Also, as per the Anti-counterfeit Packaging Market Global Forecast, the existence of major market producers such as 3M Company, DuPont de Nemours, Inc., Zebra Technologies Corporation, and Avery Dennison Corporation is driving the market growth.
Anti-Counterfeiting Packaging Market Segmentation:
Segmentation by Technology
- Trace and Track
- Tamper-Evident
- Covert
- Overt
- Forensic Markers
Segmentation by End User
- Food and Beverages
- Healthcare and Pharmaceuticals
- Industrial and Automotive
- Consumer Electronics
- Others
Segmentation by Region:
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
The market research and consulting enterprise imparts business perception and research reports to support clients in formulating strategic norms and attain a feasible growth in the market domain. The large team of GMI Organisation experts offer a comprehensive solution for the client. The market research reports include a complete analysis, which includes sophisticated prediction, competitive landscape, crucial factors impacting the market growth, and other perceptions to assist companies in making intended decisions.
