Global Anti-Counterfeit Packaging Market, By Technology (RFID, Security Inks & Coatings, Security Seals, Holograms, Mass Encryption, Barcode, Mass Serialization), Usage Feature (Track & Trace, Tamper Evidence, Covert, Forensic Markers), Packaging Format (Bottles & Jars, Vials & Ampoules, Blisters, Trays, Pouches & Sachets, Others), End-Use (Food and Beverage, Healthcare, Automotive, Personal care & Cosmetics, Electrical & Electronics, Other Industrial) – Industry Trends and Forecast to 2030.
Anti-Counterfeit Packaging Market Analysis and Size
The anti-counterfeit packaging market is expected to grow at a significant rate. This is attributable to integration of new anti-counterfeit technologies in event ticketing and security documents and track and trace technology advancement. According to the Organization for Economic Co-operation and Development (OECD) analysis, counterfeiting prices the global economy US$ 250 Bn per year. A projected of 10% of pharmaceuticals are counterfeit around the world, according to the world health organization. Counterfeiting can take place anywhere in supply chain and is difficult to control. As a result of this, enhance the demand for the anti-counterfeit packaging.
Data Bridge Market Research analyses that the anti-counterfeit packaging market is expected to reach USD 348.87 billion by 2030, which is USD 133.10 billion in 2022, registering a CAGR of 12.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Anti-Counterfeit Packaging Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Technology (RFID, Security Inks & Coatings, Security Seals, Holograms, Mass Encryption, Barcode, Mass Serialization), Usage Feature (Track & Trace, Tamper Evidence, Covert, Forensic Markers), Packaging Format (Bottles & Jars, Vials & Ampoules, Blisters, Trays, Pouches & Sachets, Others), End-Use (Food and Beverage, Healthcare, Automotive, Personal care & Cosmetics, Electrical & Electronics, Other Industrial)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
|
|
Market Players Covered
|
AVERY DENNISON CORPORATION (U.S.), 3M (U.S.), CCL Industries (Canada), DuPont (U.S.), Agfa-Gevaert Group (Belgium), Zebra Technologies Corp (U.S.), SATO Holdings Corporation (Japan), AlpVision (U.S.), Zebra Technologies Corp (US), Tageos (France), Identiv, Inc. (U.S.), GlobeRanger (U.S.), Motorola Mobility LLC (U.S.), Vizinex RFID (U.S.), ASSA ABLOY (Sweden), RFID Global Solution (U.S.), Checkpoint Systems, Inc (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Anti-counterfeiting packaging is distinct as the process of securing product, so that infringement and counterfeiting of the products can be avoided and prevented. Packaging includes the covering of product and that covering labelled with distinctive identification marks for every individual product so that they can be easily traced and tracked any counterfeiting attempts. Anti-counterfeit packaging is mostly intended to avoid brand imitation. It allows brand protection and also enables consumers to distinguish between counterfeit and original.
Anti-Counterfeit Packaging Market Dynamics
Drivers
- Surging popularity of RFID technologies
When RFID technologies are integrated with software solutions, it will provide real-time tracking solutions to numerous industry products such as event ticketing and security documents. Moreover, the application of RFID technologies in event ticketing is collaborated with conventional techniques, such as ink and dyes and holograms, which delivers solution to maintains and control the flow of documents in the market. For instance, BrandWatch Technologies offers a multi-layered document security solution, including new printing embedding technology and specialty inks. This new layered technology is anticipated to improve the level of document authentication and drive the market growth rates.
- Increasing demand of anti-counterfeit packaging in pharmaceuticals and healthcare sector
Anti-counterfeit pharmaceutical is one of the best lucrative industry of the global trade. Fake drugs harm and even kill many people all over the world. It inflicts major damage on the brand names of standard pharmaceutical manufacturers. Several incidents of fake COVID vaccines being managed to the populations of numerous countries have been reported recently. For instance, the World Health Organization (WHO) revealed counterfeit versions of Covishield, which caused widespread concern among stakeholders globally. Moreover, Pfizer's counterfeit vaccine vials were found in numerous parts of the U.S. and all over the globe. Thus, the increasing demand of anti-counterfeit packaging in pharmaceuticals and healthcare sector is anticipated to drive the market growth rate.
Opportunities
- Technological advancements in anti-counterfeit packaging
In the last few years, the volume of cosmetic, healthcare, and healthcare products has increased exponentially, which also puts supply unit at high threat owing to trade restrictions. To remove counterfeiting, manufacturers are adopting numerous measures for instance substituting regular labels with intelligent and active monitoring devices. One such example is MaXQ, this is a digital solution which has provided by Amcor plc. This powerful coding system enables generation of unique printing and serialized codes that can be easily read and scanned with a sent via SMS or smart phone. The codes are directly printed on the packaging and deliver fully customizable interactions between consumers and brands. This is used by numerous cosmetics, pharmaceutical and food & beverage companies. Moreover, brand owners are becoming more aware and applying anti-counterfeiting solutions for their products which helps them to decrease the number of counterfeiting cases. RFID, NFC and QR code labels have developed as active solutions to inhibit counterfeiting of products. Thus, all these factors enhance the demand for the anti-counterfeit packaging and will create immense opportunities for the market's growth.
Restraints/ Challenges
- High cost associated with the production of anti-counterfeit packaging
Anti-counterfeit packaging are more costly to form than other standard spherical lenses. Surfaces with a single radius of curvature are utilized to manufacture traditional spherical lenses. Magnetorheological finishing and computer numerical control (CNC) grinding and polishing is the most normally employed procedure (MRF). Computer numerical control (CNC) grinding and polishing and Magnetorheological finishing (MRF) are frequently used to deliver the surface with even more control in manufacturing. Computer numerical control (CNC) grinding and polishing production methods are expensive because this were created by metal. As a result of this, the aspheric lens market is being constrained by production and high material costs, which are also limiting the growth of the market.
This anti-counterfeit packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the anti-counterfeit packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Global Anti-Counterfeit Packaging Market
The supply chain of packaging industries was rigorously obstructed by the COVID-19 pandemic, which resulted in lack of raw materials, comprising labeling papers and plastics. Moreover, a modest drop in demand for fast-moving consumer goods was seen in the starting of COVID-19 pandemic. People were frightened to touch the products' packaging for fear of narrowing Covid. The expansion of solutions to efficiently communicate the benefits of anti-counterfeit packaging in dealing with effects of COVID-19 and working to ensure the quality and safety of their packaging materials through keeping an eye on the well-being and health of the employees is growing the demand for anti-counterfeit packaging. However, it was focus of the authentication technology providers and packaging companies.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, CCL Industries announced their acquisition of McGavigan Holdings Ltd. for its CCL design unit. This is privately owned manufacturer of in-mold parts or components for automotive sector.
- In 2021, Avery Dennison Corporation announced that it had acquired Vestcom, one of the leading providers of labelling solutions.
Global Anti-Counterfeit Packaging Market Scope
The anti-counterfeit packaging market is segmented on the basis of technology, usage feature, packaging format and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- RFID
- Security Inks & Coatings
- Security Seals
- Holograms
- 2D/3D
- Computer Generated
- Dot Matrix
- Stereogram
- Transmission
- Volume
- Image
- Others
- Mass Encryption
- Barcode
- Mass Serialization
Usage Feature
- Track & Trace
- RFID
- Active
- Passive
- Barcodes
- Linear
- Scripted
- 2-D Matrix
- Covert Features
- Invisible Printing
- Watermarks
- Embedded Images
- Laser Codes
- Tamper Evidence
- Wrappers
- Strip Pack
- Breakable Caps
- Tear Away Caps
- Sealed metal tubes
- Container Seals
- Heat Shrink Band
- Others
- Forensic Markers
- Biological Taggants
- Micro Taggants
Packaging Format
- Bottles & Jars
- Vials & Ampoules
- Blisters
- Trays
- Pouches & Sachets
- Others
End-Use
- Food and Beverage
- Healthcare, Automotive
- Personal care & Cosmetics
- Electrical & Electronics
- Other Industrial
Anti-Counterfeit Packaging Market Regional Analysis/Insights
The anti-counterfeit packaging market is analyzed and market size insights and trends are provided by country, technology, usage feature, packaging format and end-use as referenced above.
The countries covered in the anti-counterfeit packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the anti-counterfeit packaging market in terms of market share and revenue owing to increasing counterfeit practices in all major industries. Furthermore, the increasing awareness among consumers regarding fake products will further increase the demand for the anti-counterfeit packaging in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 owing to increasing manufacturers focus on emerging sustainable anti-counterfeit packaging options in these regions.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Anti-Counterfeit Packaging Market Share Analysis
The anti-counterfeit packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to anti-counterfeit packaging market.
Some of the major players operating in the anti-counterfeit packaging market are:
- AVERY DENNISON CORPORATION (U.S.)
- 3M (U.S.)
- CCL Industries (Canada)
- DuPont (U.S.)
- Agfa-Gevaert Group (Belgium)
- Zebra Technologies Corp (U.S.)
- SATO Holdings Corporation (Japan)
- AlpVision (U.S.)
- Zebra Technologies Corp (U.S.)
- Tageos (France), Identiv, Inc. (U.S.)
- GlobeRanger (U.S.)
- Motorola Mobility LLC (U.S.)
- Vizinex RFID (U.S.)
- ASSA ABLOY (Sweden)
- RFID Global Solution (U.S.)
- Checkpoint Systems, Inc (U.S.)
SKU-