Market Overview

Global $9.4 Billion Anti-Counterfeit Packaging Market by Technology, Usage Feature, End-Use Sector and Region - Forecast to 2023 - ResearchAndMarkets.com

Share:

The "Anti-Counterfeit
Packaging Market by Technology, Usage Feature, End-Use Sector, and
Region - Global Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The global market for anti-counterfeit packaging is projected to grow
from USD 5.3 billion in 2018 to reach USD 9.4 billion by 2023, at a CAGR
of 12.1%.

The anti-counterfeit packaging market is driven by factors such as the
increasing number of counterfeit products in the market, growing brand
awareness among buyers about product information, the expansion of the
e-commerce industry, developments in printing technologies, and concerns
regarding the impact of counterfeit packaging on the brand image of
products. The clothing & apparel sector is projected to be the
fastest-growing end-use sector in the next five years.

Due to stringent laws & regulations enacted by the government in various
countries and increasing importance given to packaging security by
manufacturers, the demand for anti-counterfeit packaging technologies is
projected to grow in this sector. Emerging markets in the Asia Pacific
region have widened the application of anti-counterfeit packaging in the
packaging industry. The high set-up costs is a major restraint for the
anti-counterfeit packaging market.

The RFID technology is projected to grow at the highest rate between
2018 and 2023. The RFID technology reads and captures information stored
on the tag attached to the product. RFID technologies are extensively
used in the packaging industry as they include tags, readers, and
software services. By using tags and readers, products can be traced in
seconds; this helps improve and track the supply chain process from the
production units through distribution and retailing.

Market Dynamics

Drivers

  • Laws & Regulations Enforced By Governments
  • Increasing Focus of Manufacturers on Anti-Counterfeit Packaging
  • Maintaining an Efficient Supply Chain
  • Growth of the Parent Industry

Restraints

  • Existence of Technologies That are Deterrent to Counterfeiters
  • Huge Setup Costs

Opportunities

  • Growing Demand in Emerging Industrial Markets
  • Remote Authentication of Products

Challenges

  • Spreading Awareness of Anti-Counterfeit Technologies for
    Anti-Counterfeit Packaging Used By Manufacturers Among Consumers
  • High Research & Development Investment

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Anti-Counterfeit Packaging Market, By Technology

7 Anti-Counterfeit Packaging Market, By Usage Feature

8 Anti-Counterfeit Packaging Market, By End-Use Sector

9 Anti-Counterfeit Packaging Market, By Region

10 Competitive Landscape

11 Company Profiles

  • 3D AG
  • 3M Company
  • Advance Track & Trace
  • Agfa Graphics
  • Alpvision S.A.
  • Ampacet Corporation
  • Applied DNA Sciences Inc.
  • Arjo Solutions
  • Authentix Inc.
  • Avery Dennison Corporation
  • Brandwatch Technologies
  • CCL Industries Inc.
  • E.I. Du Pont De Nemours and Company
  • Impinj Inc.
  • Microtag Temed Ltd.
  • Savi Technology Inc.
  • Sicpa Holding S.A.
  • Tracelink Inc.
  • Trutag Technologies Inc.
  • Zebra Technologies Corporation

For more information about this report visit https://www.researchandmarkets.com/research/qq257n/global_9_4?w=4

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com