Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market 2021 Global Industry Size Analysed by Business Opportunity, Development, Growth Factors and Future Prospects 2030

The Global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market size valued to USD 70.16 billion in 2019, is predicted to reach USD 335.90 billion by 2030, witnessing a growing CAGR of 15.3% from 2020-2030.

The rapid increase in counterfeiting activities, specifically in pharmaceuticals and cosmetic market, propels the high-volume low-quality manufacturing nature of this market. The Anti-counterfeit Pharmaceuticals and Cosmetics Packaging assist in avoiding piracy of products in the market, hence boosting the trade of authentic pharmaceutical and cosmetic products and at the same time prevents such counterfeit activities. Based on different kind of end-users, the technologies used to prevent counterfeiting activities include, track and trace technology, RFID readers, serialization, authentication technology, and barcodes scanners.

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Top Companies: Alien Technology, Zebra Technologies, Alpvision, Inksure Technologies, Flint Group, Avery Dennison, Impinj Incorporation, Sicapa, Authentix and others.

Market Segmentations and Scope of the Study:

The global anti-counterfeit pharmaceuticals and cosmetics packaging market share analysis is based on technology, application, and geography.

Based on technology, the market is segmented into track and trace technology and authentication technology. The track and trace technology are sub segmented into Barcode technology and RFID technology. The authentication technology is divided into Ink and Dyes, Holograms, Watermarks, and Taggants. Based on application the market is fragmented into pharmaceuticals and cosmetics & personal care. The pharmaceutical segment is further sub segmented into over the counter drugs and Prescription based drugs. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Asia-Pacific, Europe, and RoW.

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Geographical Analysis

North America shall dominate the global anti-counterfeit pharmaceuticals and cosmetics packaging market throughout the forecast period, accounting the highest market shares. Factors such as ever-increasing medical research and development sector in this region along with consistently multiplying pharmaceutical industries, are responsible for fostering the market growth throughout the forecast period.

Europe being the second-largest market in terms of revenue, is anticipated to show a significant growth, owing to major contribution by Pharmaceutical and Medical cosmetic companies in the anti-counterfeit pharmaceuticals and cosmetics packaging market. Asia Pacific region specifically the emerging economies shall show a significant growth in the global anti-counterfeit pharmaceuticals and cosmetics packaging market, representing the highest CAGR value. The factors accountable for this growth are majorly increasing awareness about authenticated pharmaceutical drugs and cosmetic products, upsurge in awareness campaigns regarding the use of original products.

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