Anti-Counterfeit Packaging – Market Trends, Drivers, and Forecast from Technavio

Renewable energy

 

According to Technavio’s latest market research study, the global anti-counterfeit packaging market is expected to grow at a CAGR of close to 19% during the forecast period 2017 to 2021.

This report by Technavio provides a detailed breakdown of the global anti-counterfeit packaging market in terms of revenue and evolving market trends. The report also includes a latest analysis and forecasts for various market sections and all geographical regions.

Technavio research analysts categorize the market based on the application

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The top two revenue contributing product segments are discussed below

Global consumer goods anti-counterfeit packaging market: The increasing use of anti-counterfeit packaging for food and beverage and cosmetic products will fuel the growth of this market segment. Secure packaging helps to prevent counterfeiting and lowers the risk of loss for the manufacturers. The techniques used for secure packaging are namely overt, covert, and forensic features of the product packaging.

Beverage section especially expensive and costly wine bottles are the most common types of products that are counterfeited in the global market. Manufacturers are now destroying these bottles to prevent them from being refilled and resold to consumers. Furthermore, the advent of online shopping for fragrances is increasing the need for packaging solutions for perfumes and fragrances in the global market,” says Sharan Raj, a lead analyst at Technavio for research on the packaging.

Global healthcare products anti-counterfeit packaging market: The increasing use of other technologies to ensure that patients receive the appropriate medicines or drugs will boost the demand for anti-counterfeit packaging solutions in the pharmaceutical industry. The companies in the global market are using anti-counterfeiting technologies such as taggants, watermarks, RFID devices, inks and dyes, and barcodes to prevent the selling of unapproved drugs in the market. These packaging solutions reduce the threat of bacterial contamination and foreign particles thereby, fueling the growth of the market segment.

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The top vendors operating in the global anti-counterfeit packaging market are:

  • Alien Technology
  • AlpVision
  • Avery Dennison
  • SICPA
  • Zebra Technologies

Other prominent vendors in the market include Advanced Track & Trace, Advanced Traceability Solutions, Aesica Pharmaceuticals, Angstrom Technologies, Applied DNA Sciences, ATL Security Label Systems, Atlantic Zeiser, Authentix, CFC International, Colorcon, Covectra, Digimarc, EM Microelectronic, Essentra, Everest Holovisions, Flint Group, Honeywell, Impinj, Ingenia Technology, Interfarma, Intermec, International Ink, Clarivate Analytics, MicroTag Temed, Morpho, NanoGuardian, NovaVision, OpSec Security, Prooftag, ScanSource, Schreiner ProSecure, SCT International, SMARTRAC, Sun Chemical, Systech, TAGSYS, Thermo Fisher Scientific, TraceLink, TruTag Technologies, UPM Raflatac, Verance, Verayo, WISeKey, and YottaMark.

A comprehensive study is available in the Technavio report titled, ‘Global Anti-Counterfeit Packaging Market 2017-2021’. Technavio also customizes reports by additional regions and specific sectors upon request.

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