Anti-counterfeit Pharmaceutical Packaging Market to Exhibit a Robust CAGR of 12.1% by 2026
The surge in the demand for safe packaging to destroy the nexus of illicit drugs spread across the globe is increasing. The present pharmaceutical economy is poisoned by forged medicines that are available in the market in abundance. The soaring market size of the counterfeit drugs is creating a parallel economy in the global market. The emerging threat has a rippling effect on all the stakeholders and also on the consumers. This dark underbelly of the pharmaceutical industry is crippling the growth of the market. The increasing population of counterfeiting drugs compelled the pharma manufacturers to set up a safety ring to guard them against this threat. Anti-counterfeiting packaging has the ability to unshackle the pharmaceutical industry from the clutches of counterfeit medicines. Pharma companies inducted multiple anti-counterfeit designs to stop the malice. Advanced hologram, water and barcode are mostly used as a regular restrictive measure to stop the emergence of counterfeit medicines. However, with the use of state of the art technology, the pharmaceutical manufacturers have successfully bulldozed this risk. The alarming rise in the need of the anti-counterfeit pharmaceutical packaging is a dawn of a new era. Mushrooming popularity of the Anti-Counterfeit Pharmaceutical packaging technology is affecting the global demand for the Anti-Counterfeit Pharmaceutical packaging.
The WHO and FDA’s efforts to ensure safe-conduct practices across the pharmaceutical industry value chain by integrating advanced anti-counterfeit packaging technology encouraged pharma manufacturers to explore new possibilities. This, in turn, is creating value for suppliers of anti-counterfeit packaging technology to the pharmaceutical industry. The anti-counterfeit pharmaceutical packaging market is responding with positive growth rate, which is likely to continue during the period of assessment.
Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2385
Global anti-counterfeit pharmaceutical packaging is divided as per the usage feature (convert features, evidence and track & trace, tamper feature, divert features, forensic markers, technologies- [identification system and sterilization] and technology (security printing and graphics, RFID- [active tags, passive tags, semi-active tags], security inks and coatings, Mass Encoding-[ Barcode Application, Digital Mass Serialization, Digital Mass Encryption], Hologram, Others- [Electromagnetic, surveillance technologies]).
On the basis of usage feature, track & trace technologies segment will spike and it will account for more than US$ 2,700 Mn by the end of the prediction period, registering a high CAGR of over 12% over the assessment period. It will occupy more than 35% of the market share by the end of the period of conjecture. Covert feature segment is anticipated to follow closely and to register CAGR of little more than 12% by the end of the period of projection.
The Security Painting and Graphics technology stream of the global anti-counterfeit pharmaceutical packaging market worth in 2015 was 208.9 Mn. It will continue its growth trail and it is predicted to touch a market worth of more than US$ 7 Mn by the end of 2026, record a CAGR in excess of 11.5% during the assessment period. The section is likely to develop a cumulative $ opportunity of more than US$ 500 Mn within the assessment period.
The RFID technology is contributing significantly to the impressive growth in this segment. The Active Tags sub-segment is estimated to account for a market share of 47.5% in 2016, among all other RFID technologies. Furthermore, the sub-segment is anticipated to gain 330 BPS within the projection period.
Regional Market Projections:
The report covers the global anti-counterfeit pharmaceutical packaging market across seven key regions namely – North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excl. Japan (APEJ), and the Middle East and Africa (MEA). North America is predicted to dominate the anti-counterfeit pharmaceutical packaging market within the assessment period. Anti-counterfeit pharmaceutical packaging in North America to take a major leap within the forecast period as the active presence of major pharma companies, swelling exports and several biologics research hubs to expedite the market growth .
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-2385
Anti-counterfeit pharmaceutical packaging market will witness robust growth in the APAC market driven by increasing demand for anti-counterfeit measures in this part of the globe and the market is growing at the CAGR of 18.9 % over the assessment period. Latin America will likely be a rapidly growing market in the coming decade, registering CAGR of over 12%. The new wave of economic reforms in the MEA sector is wooing foreign investors. Africa is an embarking economy which is influencing native and international players. The anti-counterfeit pharmaceutical market in Africa and MEA is projected to stretch at a CAGR of more than 11% by the end of 2026 and the economic revolution in this part of the world will play a vital role.
The report has elaborately listed the leading anti-counterfeit pharmaceutical packaging manufacturers operating in the global anti-counterfeit pharmaceutical packaging market. , Avery Dennison Corp., Authentix, Sicpa Holdings, CFC international and Applied DNA sciences,3M trace & trace solution,Alien Technology, Digimarc Impinj Inc, ATL Security Label Systems, Sicpa Holdings.
Browse Full Report@ http://www.futuremarketinsights.com/reports/anti-counterfeit-pharmaceutical-packaging-market
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Anti-counterfeit Pharmaceutical Packaging Market to Exhibit a Robust CAGR of 12.1% by 2026 here
News-ID: 509764 • Views: 109
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Pharma
Global Deferasirox Market 2018 - Novartis, Cipla, Sun Pharma, Natco Pharma
Apex Market Reports, recently published a detailed market research study focused on the “Deferasirox Market” across the global, regional and country level. The report provides 360° analysis of “Deferasirox Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Deferasirox on the basis of
Big Pharma Outlook 2026
Boston, MA ReportsWorldwide has announced the addition of a new report title Big Pharma Outlook 2026 to its growing collection of premium market research reports. Pharmavitae Analytics casts its eye out to 2026 with challenging trends in healthcare management set to crystallize, Big Pharma will add $29.5bn in revenues out to 2026, generating $351bn in prescription pharmaceuticals at a low single-digit compound annual growth rate (CAGR) of 0.9%. Using in-house sales forecasts,
Clomifene Citrate Market 2017 - Sanofi, Palam Pharma, Bioxera, Zafax Pharma
Apex Research, recently published a detailed market research study focused on the "Clomifene Citrate Market" across the global, regional and country level. The report provides 360° analysis of "Clomifene Citrate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Clomifene Citrate industry, and estimates the future trend of Clomifene Citrate market on
12th World Pharma Congress
Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting in an abundant knowledge of the mechanisms driving drug discovery and development. Pharmaceutical Formulation Market size was USD $147billion in 2015 and is anticipated to reach around USD 175.1 billion by 2018. In USA, the total number of new drugs approved between
12th World Pharma Congress
Conference Series has taken an initiation to conduct International Pharma Congress worldwide. From several years Conference Series has been conducting Pharma Congress conferences in major continents like Europe, America and Asia Pacific. Previous conferences were held in city like USA, with success. Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting
4th African Pharma Congress
In the light of this theme, the conference series aims to provide a forum for international researchers from various areas of pharmaceutical sciences like chemical processing, industrial practice, analytical methods and pharmacological actions by providing a platform for critical analysis of new agenda, and to share latest cutting-edge research findings and results about all aspects of Pharmacy We are honoured to invite pharmacists, researchers, professors, scientific communities, delegates, students, business