Anti-Counterfeiting Packaging Market Analysis By Product {Covert (Security Labels, Invisible Printing), Overt, Forensic, Track & Trace (Machine Readable Data, RFID)}, By Application (Pharmaceutical, Clothing), And Segment Forecasts, 2014 - 2025

Thursday, March 30, 2017 Research News
Email Print This Page Comment bookmark
Font : A-A+

LONDON, March 29, 2017 /PRNewswire/ -- The global anti-counterfeit packaging market is expected to reach USD

184.87 billion by 2025, according to a new report by Grand View Research, Inc. Increasing concerns pertaining to the losses incurred by goods manufacturers through the sales of counterfeit products is expected to drive the industry growth. The
industry is expected to be driven by the rising consumer concerns regarding the harmful effects regarding the usage of counterfeit products. High risk of health damage caused by the use of spurious pharmaceutical products coupled with the growth of the counterfeit pharmaceutical products are expected to emerge as the major factors responsible for the growth The industry exhibits the presence of a number of manufacturers and technology providers, involved in strategies such as new product development and capacity expansion to increase their overall presence. In addition, the companies in the industry maintain high levels of secrecy with respect to the product technology to ensure product security. The global anti-counterfeit packaging market is characterized by a number of regulations and laws, mandating the levels of security to be ensured in various stages across the application industries. The industry is characterized by increasing levels of product innovations to meet the client requirements for the protection of goods across the supply chain. Further key findings from the report suggest Track and trace technology products are expected to grow at a CAGR of over 9% by revenue, from 2016 to 2025 driven by the superior product detection and tracking through the supply chain The use of holograms overt packaging is expected to be valued at over USD 19 billion by 2025 due to high demand for the product by application industries including consumer electronic & electrical goods The demand for such packaging for food & beverage is expected to grow at a CAGR of over 8% due to high demand for ensuring the security of alcoholic beverages such as wine, whiskey, and premium scotch The industry in North America was estimated at over 33% of the global market due to high demand by industries such as pharmaceutical, food & beverage, and apparels by manufacturers located in the U.S. and Canada The majority of the companies in the industry are integrated across the value chain from packaging technology to product distribution in order to ensure the secrecy of product technology. In addition, the companies are also involved in high investments in R&D for new product development Download the full report: https://www.reportbuyer.com/product/4785466/About ReportbuyerReportbuyer is a leading industry intelligence solution that provides all market research reports from top publishershttp://www.reportbuyer.comFor more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/anti-counterfeiting-packaging-market-analysis-by-product-covert-security-labels-invisible-printing-overt-forensic-track--trace-machine-readable-data-rfid-by-application-pharmaceutical-clothing-and-segment-forecast-300431528.html

SOURCE ReportBuyer



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Advertisement
Find a Doctor
Advertisement

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook