Anti Counterfeiting Packaging Market Scope
Digital anti-counterfeit packaging technologies have emerged as the “go-to” solution for preventing economic losses, health threats, cyber piracy, and a slew of other crimes. Various forms of anti-counterfeit packaging, both subtle and overt, are being used around the world to avoid the counterfeiting of vulnerable goods. They are actively and implicitly saving shoppers' lives and economic well-being. The counterfeiting industry is quickly expanding. The effects of these illegal practices are serious, resulting in sales loss, health problems, and permanent brand harm. Many futuristic products are available in the anti-counterfeiting industry to combat counterfeits. The most well-known of these are: Holograms – Holographic technology, which ranks high on the list of traditional anti-counterfeiting technologies, is not relying on databases or anything else. Users find this visual security approach to be simple to use and recognize.
The Anti Counterfeiting Packaging market study is segmented, by Application (Pharmaceuticals, Food & Beverage, Electrical & Electronics, Luxury Goods, Apparel & Footwear, Automotive, Cosmetics & Personal Care and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Anti Counterfeiting Packaging market throughout the predicted period.
3M Company (United States), DuPont (United States), CCL Industries (United States), Zebra Technologies Corporation (France), SATO Holdings (Japan), Avery Dennison Corporation (United States), SICPA Holdings (Switzerland), Applied DNA Science (United States), Intelligent Label Solutions (United Kingdom) and SML Group (Hong Kong) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are AlpVision S.A. (Switzerland), 3D AG (Switzerland), Systech International (United States), Ampact Corporation (United States), Tracelink Inc. (United States), TruTag Technologies, Inc. (United States), IMPINJ, Inc. (United States) and Advance Track & Trace (France).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Anti Counterfeiting Packaging market by Type, Application and Region.
On the basis of geography, the market of Anti Counterfeiting Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 21st January, 2020 - Akerna Completed its Acquisition of Solo Sciences (Leading Anti-Counterfeiting Technology Manufacturer), through a Majority Stake. The Acquisition will Add Solo Sciences’ Innovative “solo*TAG” Technology, an alternate tagging technology to expensive RFID technology required by states in which Metrc is used for the state tracking system. and On 11th December, 2020 - Fortis Solutions Group LLC Acquired Kala Packaging, a Label and Flexible Packaging Specialist. This Acquisition Expands Fortis' Range to Include Variable Quality Printing, Anti-Counterfeit and Protective Technologies, And Food Secure Flexible Packaging, Including Pouches, For Different End-Markets.
On 22nd February, 2021 - Covectra launched New StellaGuard ‘smart’ Label Anti-Counterfeiting. To Ensure Product Protection, The Latest On-Pack System Allows Shoppers, Suppliers, And Users to Classify, Authenticate, And Monitor A Broad Variety of Items (Including Pharmaceuticals). and On 14th May, 2020 - SICPA Released New Anti-Counterfeiting Security Labels. The New Offering Provides Fraud-Resistant Visual Effects, Safe Traceable Codes, And Covert Functionality to Defend Brands and Customers as Counterfeit Product Prevalence Hits All-Time Highs.
Market Trend
- Integration with Upcoming Technologies Inclung Artificial Intelligence (AI) and Blockchain
Market Drivers
- Increasing Preference for Brand Protection
- Growing Number of Counterfeit Products
- Demand for Supply Chain Efficiency Through Track & Trace Technology
Opportunities
- Growing Implementation across Emerging Regions
Restraints
- Presence of Non-Deterrent Technologies
- High Initial Investments
Challenges
- High R&D Costs
- Fierce Competitive Pressure
Key Target Audience
Anti-Counterfeiting Packaging Manufactures, New Entrants and Investors, Anti-Counterfeiting Packaging Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently asked questions:
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Anti Counterfeiting Packaging Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.