Market.us announces publication of its most recently generated research report titled, “Global Anti-Counterfeit Packaging Market by Product Type (RFID, Barcode, Hologram, Taggants & Others), By Feature (Overt & Covert), By End User (Food & Beverages, Pharmaceutical, Medical Devices, Industrial, Automotive, Consumer Good, Clothing & Accessories) and by Region – Global Forecast to 2029.”, which offers a holistic view of the global Anti-Counterfeit Packaging market through systematic segmentation that covers every aspect of the target market.

The global Anti-Counterfeit Packaging market is projected to be US$ 127,908.2 Mn in 2019 to reach US$ 306,735.4 Mn by 2029 at a CAGR of 9.2%.

Counterfeiting is a rising problem in the current era, where people forge products of all strata. This profoundly affects market of any particular commodity and has a negative impact on human health, economy, etc. This is one of the significant reasons for the growth of the anti-counterfeiting products and packaging market. These products are available in the range from the simplest methods, such as paper tags to most complex techniques such as RFID technology. They are most effective in differentiating between the original and fake products. The critical function of an anti-counterfeit technology is mainly to enable the authentication of a particular item, either by the wider public, or industry investigators. The second purpose may be to act as a warning to anyone thinking of counterfeiting merchandise based on the difficulty level or price associated with doing so and the probability of detection, and later prosecution.

The anti-counterfeit market comprises three major components, namely, manufacturers of anti-counterfeit technologies, service providers, and in-house manufacturing, as well as implementation of these products. There are companies that only manufacture anti-counterfeit technologies and do not use it themselves. These companies include Avery Dennison, Sicpa, TruTag Technologies, Inc., AlpVision, etc. These barcodes, RFID tags, holograms, etc. are further transported to service providers. These service providers neither manufacture nor use the product themselves. They apply these tags to products whose manufacturers cannot afford to or do not have the facilities to do so. These companies include Bureau Veritas, Dennemeyer, OLNICA. There are large companies that manufacture the anti-counterfeit technologies needed for their products and implement those themselves. Some firms help uncover sales of illegal counterfeit products and suggest strategies to counter these frauds. Anti-counterfeit products are beneficial in identifying the real products from the fake ones. It is crucial in numerous industries, especially pharmaceuticals, as counterfeit pharmaceutical products can be harmful to humans and sometimes prove fatal. Due to economic growth, key players are turning towards new emerging markets. This will aid in the fast growth of the anti-counterfeit market.

Global Anti-Counterfeit Packaging Market Revenue (US$ Mn), 2019–2029

Governments of numerous countries, especially developed countries, enforce strict laws and regulations regarding counterfeiting. Many independent organizations are aiding the governments to go the extra mile to reduce the negative effects of counterfeiting. This is expected to increase the growth rate of the global anti-counterfeiting market.

In developing nations, forgery technologies are readily available at cheaper rates. Anti-counterfeit products are also sold at a lower price as compared to their genuine counterparts. So, poor people tend to buy these products as anti-counterfeit measures are unavailable in these regions. This is expected to hamper the growth rate of the global anti-counterfeit market.

To deal with the rising demand for consumer products and other similar goods, there is a rise in the number of industries that use anti-counterfeit technology. This increased industrialization will create numerous opportunities for the anti-counterfeit market.

Global Anti-Counterfeit Packaging market is segmented on the basis of product type, feature, end user, and region. On the basis of product type, the market is segmented into RFID, Barcode, Hologram, Taggants, & Others. The Barcode segment accounts for the majority share and is expected to register highest growth over forecast period. On the basis of end users, the market is segmented into Food & Beverages, Pharmaceutical, Medical Devices, Industrial, Automotive, Consumer Good, Clothing & Accessories. The consumer goods segment accounts for a majority share in the global Anti-Counterfeit Packaging market. On the basis of feature market is segmented into overt and covert. Overt Segment accounts for a majority share in the Global Anti-Counterfeit Packaging market.

Global Anti-Counterfeit Packaging Market Attractiveness Index by Product Type, 2019

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. North America accounts for the majority share in the global Anti-Counterfeit Packaging market, followed by APAC.

The research report on the global Anti-Counterfeit Packaging market includes profiles of some of major companies such as Avery Dennison Corporation, CCL Industries, Inc., 3M, Dow Inc., Zebra Technologies Corporation, SICPA Holding SA (SICPA), Applied DNA Sciences, Inc., ICTS International NV, AlpVision, Savi Technology, Inc. etc.

Key Market Segments

Type

• RFID
• Barcode
• Hologram
• Taggants & Others

Application

• Food & Beverages
• Pharmaceutical
• Medical Devices
• Industrial
• Automotive
• Consumer Good
• Clothing & Accessories

Key Market Players included in the report:

• Avery Dennison Corporation
• CCL Industries Inc.
• 3M
• Dow Inc.
• Zebra Technologies Corporation
• SICPA Holding SA (SICPA)
• Applied DNA Sciences Inc.
• ICTS International NV
• AlpVision
• Savi Technology Inc

For the Anti-counterfeit Packaging Market research study, the following years have been considered to estimate the market size: