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Anti-Counterfeit Packaging Market is expected to reach US$ 435.98 million by 2030

The Anti-Counterfeit Packaging Market share is projected to grow from USD 159.10 million in 2022 to USD 435.98 million by 2030

By The Insight Partners

Increasing Cases of Counterfeiting and Stringent Regulations Associated with Anti-Counterfeit Packaging to Escalate Anti-Counterfeit Packaging Market Growth During 2022–2030

According to our new research study on “Anti-Counterfeit Packaging Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Technology, Application, and Geography,” the anti-counterfeit packaging market size is expected to grow from US$ 159.10 million in 2022 to US$ 435.98 million by 2030; it is estimated to register a CAGR of 13.4% from 2022 to 2030. The report highlights key factors driving the anti-counterfeit packaging market growth and prominent players along with their developments in the market.

Anti-counterfeit packaging refers to the implementation of various measures and technologies to protect products from counterfeiting, replication, or tampering incidents. Counterfeit products pose significant risks to consumer health, safety, and brand reputation. Anti-counterfeit packaging solutions aim to provide authentication, traceability, and security features that help identify genuine products and deter counterfeiting.

Global Anti-Counterfeit Packaging Market Breakdown – by Region

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00029001

The global anti-counterfeit packaging market is witnessing significant growth and is expected to continue growing in the coming years. Counterfeit products have become a major concern for both consumers and manufacturers, leading to the increased demand for anti-counterfeit packaging solutions. Anti-counterfeit packaging refers to the use of advanced technologies and techniques to protect products from being illegally copied or imitated. These solutions include various security features such as holograms, barcodes, RFID tags, tamper evident seals, etc. The rise in counterfeit activities across industries such as pharmaceuticals, personal care & cosmetics, food & beverages, and electrical & electronics has propelled the need for effective anti-counterfeit packaging. Counterfeit products pose threats to consumer health and safety and result in significant revenue losses for manufacturers. As a result, companies are increasingly investing in anti-counterfeit packaging solutions to safeguard their brand reputation and maintain consumer trust. New technologies such as track-and-trace systems and radio frequency identification (RFID) for anti-counterfeit have led to the expansion of the anti-counterfeit packaging industry, which is further fueling the anti-counterfeit packaging market growth.

Arjo AB, Octane5 International LLC, Antares Vision SpA, CCL Industries Inc, Avery Dennison Corp, The Label Printers LP, KURZ Transfer Products LP, Gestion Groupe Optel Inc, Brady Corp, and Constantia Flexibles International GmbH are among the key players operating in the global anti-counterfeit packaging market. Market players focus on providing high-quality products to fulfill customer demand. They also adopt strategies such as investments in research and development activities and new product launches.

Impact of COVID-19 Pandemic on Anti-Counterfeit Packaging Market

The COVID-19 pandemic affected the economies and industries of various countries due to lockdowns, travel bans, and business shutdowns. The packaging industry was severely affected by disruptions in supply chains and shut down of production plants in the initial phases of the pandemic. The pandemic caused disruptions in the global supply chain due to factory shutdowns, transportation restrictions, and labor shortages. These challenges affected the availability of raw materials and packaging components, leading to potential supply chain delays and increased operating costs for anti-counterfeit packaging manufacturers. The pandemic has led to an increased demand for certain products, such as pharmaceuticals, healthcare supplies, and essential consumer goods. This surge in demand raised concerns about counterfeit products in the market, posing risks to public health and safety. As a result, the need for effective anti-counterfeit packaging solutions becomes even more critical. The pandemic has highlighted the importance of traceability, authentication, and tamper evident features in packaging to ensure product integrity and consumer trust.

The report includes the segmentation of the global anti-counterfeit packaging market as follows:

The global anti-counterfeit packaging market is bifurcated on the basis of technology and application. Based on technology, the anti-counterfeit packaging market is segmented into security inks and coatings, radio frequency identification (RFID), forensic markers, tamper evident, holograms, barcode, and others. Based on application, the anti-counterfeit packaging market is segmented into food and beverage, pharmaceutical, personal care and cosmetics, electrical and electronics, textile and apparel, automotive, and others. By geography, the global anti-counterfeit packaging market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America anti-counterfeit packaging market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific anti-counterfeit packaging market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America anti-counterfeit packaging market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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