Dublin, Dec. 14, 2021 (GLOBE NEWSWIRE) -- The "Anti-counterfeit Packaging Market (Mass Encoding, RFID, Tamper Evidence, Hologram, Forensic Markers), End-use Industry ( Food & Beverage, Pharmaceuticals, Electrical & Electronics, Automotive, Luxury goods), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global market for anti-counterfeit packaging is projected to grow from USD 117.2 billion in 2021 to reach USD 211.3 billion by 2026, at an estimated CAGR of 12.5%.
The anti-counterfeit packaging market is driven by factors such as rise in counterfeit products in the market, increasing brand awareness, cognizance amongst buyers about product information, the growing e-commerce industry, developments in printing technologies, and concerns regarding the impact of counterfeit packaging on the brand image of products and consumer health. The growing pharmaceutical & healthcare sector is projected to be the fastest-growing end-use Industry in the forecast period.
Due to stringent laws & regulations enacted by the government and increasing importance given to package security by manufacturers, the demand for anti-counterfeit packaging technologies is projected to grow in this sector. Further, recent incidences of counterfeit medicines being caught in both developed and emerging economies have pushed for demand for anti-counterfeit packaging solutions. Emerging markets, such as the Asia-Pacific region, also contributed to an increase in the application of anti-counterfeit packaging. High set-up costs is the major restraint for the anti-counterfeit packaging industry.
RFID technology of the technology segment projected to grow at the highest CAGR during the forecast period
The RFID technology from the technology segment is projected to grow at the highest rate between 2021 and 2026. The RFID technology reads and captures information stored on the tag attached to the product. RFID are used extensively 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 production through distribution and retailing.
In terms of both value and volume, the Asia Pacific anti-counterfeit packaging market is projected to grow at the highest CAGR during the forecast period.
In terms of value and volume, the Asia Pacific region is projected to grow at the highest CAGR from 2021 to 2026 due to the strong demand from countries such as China, India, and Japan. Factors, including an increase in the demand for authentic products, awareness amongst buyers regarding banes of counterfeit products, developments in packaging technologies, and increasing counterfeiting activities, are expected to drive the market for anti-counterfeit packaging market in the Asia Pacific region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Developed Economies to Witness Higher Demand for Anti-Counterfeit Packaging
4.2 Anti-Counterfeit Packaging Market, by Technology
4.3 Anti-Counterfeit Packaging Market, by End-Use Industry
4.4 APAC Anti-Counterfeit Packaging Market, by End-Use Industry and Country
4.5 Anti-Counterfeit Packaging Market, by Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Laws & Regulations Enforced by Governments
5.2.1.2 Increase in the Focus of Manufacturers on Brand Protection
5.2.1.3 Track & Trace Technology to Maintain an Efficient Supply Chain
5.2.1.4 Growth of the Parent Industry
5.2.2 Restraints
5.2.2.1 Existence of Technologies That are Non-Deterrent to Counterfeiters
5.2.2.2 Huge Setup Cost
5.2.3 Opportunities
5.2.3.1 Growing Demand from Emerging Economies
5.2.3.2 Remote Authentication of Products
5.2.3.3 Surge in Sales of Pharmaceutical and Healthcare Products
5.2.4 Challenges
5.2.4.1 Spreading Awareness Regarding Anti-Counterfeit Technologies for Brand Protection
5.2.4.2 High R&D Investment
5.3 Value Chain
5.4 Yc, Ycc Shift
6 Impact of COVID-19 on Packaging Industry
6.1 Introduction
6.2 COVID-19 Forecasting, by Technology
6.3 COVID-19 Forecasting, by Application
6.4 Gainers, by Top End-Use Industries
6.4.1 Healthcare
6.4.2 Food & Beverage
6.4.3 Personal Care
6.5 Losers, by Top End-Use Industries
6.5.1 Luxury Goods
6.5.2 Electrical & Electronics
6.6 Gainers, by Top Technologies
6.6.1 Aseptic Packaging
6.6.2 Intelligent/Smart Packaging
6.7 Losers, by Top Technologies
6.7.1 Non-Automated Technology
6.7.2 Packaging Robots and Equipment for Bulk Packaging
7 Anti-Counterfeit Packaging Market, by Technology
7.1 Introduction
7.1.1 Serialization/Track and Trace Technologies
7.1.2 Overt, Covert, and Forensic Features
7.1.3 Tamper Evidence Feature
7.2 Mass Encoding
7.2.1 Barcodes
7.2.2 Digital Mass Serialization
7.2.3 Digital Mass Encryption
7.3 Rfid (Radio Frequency Identification)
7.4 Holograms
7.5 Forensic Markers
7.6 Tamper-Evident Technology
7.7 Others
8 Anti-Counterfeit Packaging Market, by End-Use Industry
8.1 Introduction
8.2 Food & Beverage
8.3 Pharmaceutical
8.4 Apparel & Footwear
8.5 Automotive
8.6 Cosmetics & Personal Care
8.7 Electrical & Electronics
8.8 Luxury Goods
8.9 Others
9 Anti-Counterfeit Packaging Market, by Region
10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping
10.2.1 Star Leaders
10.2.2 Innovators
10.2.3 Pervasive
10.2.4 Emerging Companies
10.3 Strength of Product Portfolio
10.4 Business Strategy Excellence
10.5 Market Share Analysis
10.6 Competitive Scenario
10.6.1 Acquisition
10.6.2 Expansion
10.6.3 New Product Development
11 Company Profiles
11.1 Key Players
11.1.1 Avery Dennison Corporation
11.1.2 Ccl Industries Inc.
11.1.3 3M Company
11.1.4 Sato Holdings
11.1.5 Dupont
11.1.6 Zebra Technologies Corporation
11.1.7 Intelligent Label Solutions
11.1.8 Sml Group
11.1.9 Sicpa Holding Sa.
11.1.10 Systech International
11.1.11 Applied Dna Sciences Inc.
11.1.12 Alpvision S.A.
11.1.13 Savi Technology, Inc.
11.1.14 Authentix, Inc.
11.2 Additional Companies
11.2.1 Ampacet Corporation
11.2.2 3D Ag
11.2.3 Tracelink Inc.
11.2.4 Advanced Track & Trace
11.2.5 Eluceda
11.2.6 Impinj, Inc
11.2.7 Trutag Technologies, Inc.
11.2.8 Edgyn
11.2.9 Microtag Temed Ltd.
11.2.10 Agfa Graphics
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/w3r8xt
