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Anti-Counterfeit Packaging Market to Reach $208.4 Billion by 2023 Having Major Players: Avery Dennison, CCL Industries, E.I. du Pont de Nemours and Company, Zebra Technologies, SICPA, AlpVision, Applied DNA Sciences, Amcor, Authentix & Atlantic Zeiser

01-15-2019 11:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Anti-Counterfeit Packaging Market to Reach $208.4 Billion

Growth of the counterfeit industry and increasing focus of manufacturers on brand protection are the major factors driving the market growth. Based on technology, the anti-counterfeit packaging market is categorized into covert, overt, forensic, and track and trace. Of these, the track and trace technology has been the largest category in the market, with a contribution of more than 45.0% in 2017.

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This packaging technology uses mass serialization and unique codes to provide unique identity to every item and product, which enable the manufacturers to track their products. Location and other relevant information about the products can also be traced using this technology.

The market is expected to grow at a significant rate in the coming years, due to the rising concerns regarding counterfeit products. In addition, high concerns regarding brand dilution coupled with the economic losses incurred by the companies are encouraging companies to invest in these packaging technologies, which is expected to create immense opportunities in the market for industry players.

However, North America was the leading regional-level anti-counterfeit packaging market, with a revenue contribution of more than 40.0% in 2017.

During the forecast period, the fastest growing market is expected to be Asia-Pacific (APAC), with a CAGR of 13.5%. Growing awareness about the unscrupulous counterfeiting activities among manufacturers and a decrease in the cost of tracing anti-counterfeit technologies is expected to fuel the market growth of the region in the coming years.

Read summary of report here :: https://www.psmarketresearch.com/market-analysis/anti-counterfeit-packaging-market

Some of the major players operating in the global anti-counterfeit packaging market are Avery Dennison Corporation, CCL Industries Inc., E.I. du Pont de Nemours and Company, Zebra Technologies Corporation, Sicpa Holding SA, AlpVision SA, Applied DNA Sciences Inc., Amcor Limited, Authentix Inc., and Atlantic Zeiser GmbH.

GLOBAL ANTI-COUNTERFEIT PACKAGING MARKET SEGMENTATION
By Technology
• Covert
o Security Labels
o Invisible Printing
o Others
• Overt
o Holograms
o Color Shifting Inks
o Others
• Forensic
• Track and Trace
o Machine Readable Data
o RFID
o Others
By Application
• Pharmaceutical and Healthcare
• Food and Beverage
• Clothing and Apparel
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Rest of Europe
• APAC
o China
o Japan
o India
o South Korea
o Taiwan
o Rest of APAC
• Latin America (LATAM)
o Brazil
o Argentina
o Rest of LATAM
• Middle East and Africa (MEA)
o South Africa
o Rest of MEA

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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