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Anti-Counterfeit Packaging Market Trend Wholesale Devin Funchess Jersey , Growth, Future Scope, Opportunities and Business Revenue
by sakkk18 · January 10, 2019
Global Anti-Counterfeit Packaging Market by Technology (Barcode, Labels Wholesale Shaq Thompson Jersey , RFID, Holograms), Usage Feature (Track & Trace, Tamper Evidence, Overt Wholesale James Bradberry Jersey , Covert, Forensic Markers), End-Users and Region
Global Anti-Counterfeit packaging market is expected to grow at a CAGR of about 12% during the forecast period.
Key Players
Some of the key players in the global anti-counterfeit packaging market are Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), 3M Company (U.S.) Wholesale Taylor Moton Jersey , E.I. Du Pont De Nemours and Company (U.S.), Zebra Technologies Corporation (U.S.), Sicpa Holding SA (Switzerland), Alpvision SA (Switzerland), Applied Dna Sciences Inc. (U.S.) Wholesale Greg Olsen Jersey , Savi Technology, Inc. (U.S.), Authentix, Inc. (U.K.), Ampacet Corporation聽 (U.S.) Wholesale Kawann Short Jersey , Tracelink Inc. (U.S.), Advanced Track & Trace S.A. (France), Atlantic Zeiser GmbH (Germany), and Impinj, Inc. (U.S.) Wholesale Trai Turner Jersey ,
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Market Scenario
Secure packaging is one of the vital techniques used to evade counterfeiting. Anti-counterfeit packaging provide secure packaging to the product in order to eradicate infringement and counterfeiting. Anti-counterfeit packaging process helps in preventing imitation and approves authenticity & safety of the goods. Anti-counterfeit measures are majorly undertaken by the companies in order to help them in diminishing the losses due to counterfeit in relevance to revenue and trustworthiness.
Anti-counterfeit packaging is majorly adopted by the manufacturers to avoid economic damage to the product as well as the company and consumer health risks. Counterfeit pharmaceutical is worth USD 200 billion annual business, making it one of the largest segments of the USD 1.7 trillion fraudulent goods sold worldwide each year. This revenue loss is mainly due to counterfeiting deeds for non-prescribed drugs. Thus, implementation of innovative technologies for product tracking would diminish the economic damage and further propel the utilization of anti-counterfeit packaging. Additionally, anti-counterfeit technologies are majorly supported by the favorable government policies in the food & beverages and pharmaceutical packaging sector, which further boosts the anti-counterfeit market.
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