Hyderabad, Oct. 20, 2016 (GLOBE NEWSWIRE) -- According to the new report “Anti-Counterfeit Packaging Market: By Technology (Print (Holograms, Inks, Dyes & Markers, Barcodes & QR Codes), Tags & Labels (RFID, NFC)); By Feature (Track & Trace, Overt, Covert); By End-User (Food & Beverages, Pharmaceuticals, Consumer Goods) & By Geography–With Forecast (2016 – 2021) published by IndustryARC, the market is estimated to reach USD 134.4 Billion by 2021 at high CAGR.
Browse 14 Market Tables, 74 Figures spread through 200 Pages and an in-depth TOC on “Anti-Counterfeit Packaging Market”
Anti-counterfeiting is a measure implemented to prevent illegal imitation or reproduction of a product or service. This report provides the detailed analysis of the technologies, features and end-users for anti-counterfeit packaging market as well as studies the competitive landscape.
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Two major factors influencing the adoption of anti-counterfeit packaging are economical damage to the company and consumer health risks. Pharmaceutical companies experienced a huge revenue loss in the year 2015 mainly due to counterfeiting activities for non-prescribed drugs. Thus, adoption of novel technologies for product tracking would decrease the economic damage and further boost the adoption of anti-counterfeit packaging market. Moreover, anti-counterfeit technologies are supported by favorable government policies in food and pharmaceutical packaging, which are major driving factor for this market.
Major Technologies of Anti-Counterfeit Packaging include:
- Tags & Labels
- Packaging Designs
- Barcodes & QR Codes
- Ink, Dyes and Markers
Driven by the rising intellectual property thefts such as counterfeit packaging and replication of products and services by imitators; end-product manufacturers in APAC and Latin America have been seeking for better technological solutions in their production and packaging process to safely deliver their offering and enhance their brand reputation which has become paramount with intensifying competitive landscape.
Americas is the dominant market for Anti-Counterfeit Packaging and contributed $26.3 billion in 2015. High preference for genuine products as well as strong pressure to remove counterfeit products has positioned the American market at the top. The awareness of the consumers on usage of authentic products also plays a major role in the growth of this market. On the other hand, anti-counterfeit packaging market in Asia Pacific is growing at a robust rate due to evolving supply chains and the increase in technological innovations in the field of packaging.
The major players in this market Include:
- Avery Dennison Corporation (U.S.)
- CCL Industries Inc. (Canada)
- I. DuPont de Nemours and Company (U.S.)
- Alpvision SA (Switzerland)
- SICPA Holdings Sa (Switzerland)
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Anti-Counterfeit packaging service providers are continuously indulging in strategic acquisitions and product launches to sustain in the market. Most of the product segments are quite consolidated and the dominance of the key players is expected to remain in the coming years. The global anti-counterfeit packaging market report provides detailed analysis of the different technologies, their end-users and features of anti-counterfeit packaging.
Various end-users of anti-counterfeit packaging included in the market study are:
- Food & Beverage
- Medical Devices & Pharmaceuticals
- Consumer Durables
- Clothing & Accessories
The overall market is also presented from the perspective of different geographic regions and key countries in each region.
Scope of the Study: The report covers quantitative analysis including values ($M) and volumes (KT) as well as qualitative analysis of the following:
- Market potential of several materials and end users at global, regional and country level
- Various insulation materials in different applications and end-users
- Competitive landscape and growth strategies
- Trends, drivers and opportunities impacting the growth
Why buy this report?
- Get a detailed picture of the anti-counterfeit packaging market landscape and growth markets, opportunities.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market's major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
- More than 100 data tables and figures to assist in strategic decision making plans.
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