The global anti-counterfeit packaging market is expected to
reach USD 184.87 billion by 2025, according to a new report by Grand View
Research, Inc. Increasing concerns pertaining to the losses incurred by goods
manufacturers through the sales of counterfeit products is expected to drive
the industry growth.
The industry is expected to be
driven by the rising consumer concerns regarding the harmful effects regarding
the usage of counterfeit products. High risk of health damage caused by the use
of spurious pharmaceutical products coupled with the growth of the counterfeit
pharmaceutical products are expected to emerge as the major factors responsible
for the growth
The industry exhibits the
presence of a number of manufacturers and technology providers, involved in
strategies such as new product development and capacity expansion to increase
their overall presence. In addition, the companies in the industry maintain
high levels of secrecy with respect to the product technology to ensure product
security.
The global anti-counterfeit
packaging market is characterized by a number of regulations and laws,
mandating the levels of security to be ensured in various stages across the
application industries. The industry is characterized by increasing levels of
product innovations to meet the client requirements for the protection of goods
across the supply chain.
Browse full research report on Anti-Counterfeiting
Packaging Market: http://www.grandviewresearch.com/industry-analysis/anti-counterfeiting-packaging-market
Further key findings from
the report suggest
- Track and trace technology products are expected to
grow at a CAGR of over 9% by revenue, from 2016 to 2025 driven by the superior
product detection and tracking through the supply chain
- The use of holograms overt packaging is expected to
be valued at over USD 19 billion by 2025 due to high demand for the
product by application industries including consumer electronic & electrical
goods
- The demand for such packaging for food & beverage
is expected to grow at a CAGR of over 8% due to high demand for ensuring
the security of alcoholic beverages such as wine, whiskey, and premium
scotch
- The industry in North America was estimated at over
33% of the global market due to high demand by industries such as
pharmaceutical, food & beverage, and apparels by manufacturers located
in the U.S. and Canada
- The majority of the companies in the industry are
integrated across the value chain from packaging technology to product
distribution in order to ensure the secrecy of product technology. In
addition, the companies are also involved in high investments in R&D
for new product development
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the global anti-counterfeiting
packaging market on the basis of product, application, and region:
Product Outlook (Revenue, USD Million, 2014 - 2025)
- Covert
- Security
Labels
- Invisible
Printing
- Others
- Overt
- Holograms
- Color
Shifting Inks
- Others
- Forensic
- Track
& Trace
- Machine
Readable Data
- RFID
- Others
Application Outlook (Revenue, USD Million, 2014 - 2025)
- Pharmaceutical
- Food
& Beverage
- Clothing
& Apparels
- Others
Regional Outlook (Volume: Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Central
& South America
- Brazil
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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