Market Snapshot:
Anti-counterfeiting packaging is the solution for preventing imitation and ensures the safety of the product. The anti-counterfeiting packaging has adopted by many product manufacturers, food products makers, and pharmaceutical players due to minimize loss and gain loyalty from customers. The counterfeiting activities have been increasing in pharmaceutical products, automotive parts, food product, cosmetic product, and others. These increasing counterfeiting activities are responsible for driving the Anti-counterfeiting packaging market. Additionally, increasing government initiative to promote anti-counterfeit packaging and increased health risk due to the poor quality of the product in the food industry are the factors that have been supplementing the overall growth of the market. However, high initial setup cost for anti-counterfeit packaging and lack of awareness about anti-counterfeit packaging is limiting the market. Moreover, rising demand from emerging industrial markets and increasing technology advancement to secured packaging can create a big opportunity in the forecasted year.
Highlights from Anti-Counterfeiting Packaging Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 11.03% |
The key Vendors profiled in the report are Avery Dennison Corporation (United States), CCL Industries Inc. (Canada), 3M Company (United States), DuPont (United States), AlpVision S.A (Switzerland), Zebra Technologies Corporation (United States), SICPA Holding SA (Switzerland), Applied DNA Sciences Inc. (United States), SAVI Technology, Inc. (United States) and Authentix, Inc. (United States). Additionally, other players that are part of this comprehensive study are Techsun (China), Alien Technology Corp (United States) and Avery Dennison Corporation (United States).
Geographic Breakdown and Segment Analysis
The Global Anti-Counterfeiting Packaging market presents a comprehensive analysis of the Anti-Counterfeiting Packaging market by end-user/application (Food Packaging, Pharmaceutical Packaging, Cosmetic and Personal Care Product Packaging and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Anti-Counterfeiting Packaging industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Anti-Counterfeiting Packaging market
Analyst at AMA have segmented the market study of Global Anti-Counterfeiting Packaging market by Type, Application and Region.
Influencing Trend:
Rising Trend of Remote Authentication for Products and Increasing Counterfeits Activities across the Globe
Market Growth Drivers:
Increasing Government Initiative to Promote Anti-Counterfeit Packaging, Increasing Consumer Awareness and Increasing Literacy Rate and Increasing Health Risk due to poor Quality of Product in the Food industry
Challenges:
Lack of Awareness about Anti-Counterfeit Packaging
Restraints:
High Initial Setup Cost for Anti-Counterfeit Packaging
Opportunities:
Rising Demand from Emerging Industrial Markets and Increasing Technology Advancement to Secured Packaging
Market Developments Activities:
In June , 2023 CCL Industries Inc. a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced it has signed a binding agreement today to acquire Pouch Partners s.r.l.,Italy, from Pouch Partners AG, Switzerland, a company owned by Swiss headquartered Capri-Sun Group.
In September 2023, Avery Dennison , announced its new AD Pure range, a portfolio of inlays and tags which are entirely PET plastic-free.The AD Pure line launches with AD Belt U9 Pure, inlays and tags which are ideally suited for global apparel, retail, industry and supply-chain applications. They are compact in size and offer excellent performance on difficult-to-tag or low-detuning materials such as cardboard and plastic.
The global anti-counterfeit packaging market is highly fragmented by the presence of several prominent players that heavily invest in research and development activities. These essential players are innovative and develop better packaging solutions with smart technologies to attract consumers
Key Target Audience
Ani- Counterfeiting Packaging Solution Providers, Research and Development Organization, Government Associations, Distributors and Suppliers and Others