Anti-counterfeit Packaging Market: Market Segments: By Technology (Trace and Track, Tamper-evident, Covert, Overt, and Forensic Markers); By Application (Pharmaceutical, Food & Beverage, Clothing & Apparels and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Anti-counterfeit Packaging Market: Market Segments: By Technology (Trace and Track, Tamper-evident, Covert, Overt, and Forensic Markers); By Application (Pharmaceutical, Food & Beverage, Clothing & Apparels and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Anti-counterfeit Packaging MarketProduct Overview
Secure packaging is one of the main techniques to avoid counterfeiting. Anti-counterfeit packaging is defined as the method of assigning secure packaging to a product, in order to minimize counterfeiting or infringement. A safe packaging strategy that eliminates imitation and confirms the safety of the product is anti-counterfeiting packaging. In terms of revenue and loyalty, businesses take anti-counterfeit measures to minimize losses due to counterfeiting.
Market Highlights
Anti-counterfeit Packaging Market is expected to project a notable CAGR of 12.5% in 2030.
Anti-counterfeit Packaging Market to surpass USD 190.5 Billion by 2030 from USD 90.3 Billion in 2019 in terms of value growing at a CAGR of 12.5% throughout the forecast period, i.e., 2020-30. Factors such as the rising acceptance of such packaging by pharmaceutical firms worldwide, in particular. In addition, growth is expected to be driven by growing market perception concerning the adverse effects of counterfeit products. Due to growing concerns about the dilution of brand identity by the leading producers around the globe, the industry is expected to experience high growth. Moreover, growth over the forecast period is expected to be powered by growing technological innovation for the development of highly secure packaging for use in the application industries. The latest development identified in the anti-counterfeit packaging market is the rise in strict product protection regulations related to counterfeiting. Since the market concentration of fake goods is constantly growing, strict regulations are imposed by the government of different countries to regulate counterfeiting activities. These regulations have a positive effect on the anti-counterfeit packaging industry and seek to eradicate the demand for counterfeit products.
Anti-counterfeit Packaging Market: Segments
Covert anti-counterfeiting packaging segment to grow with the highest CAGR of 7.95% during 2020-30
Anti-counterfeit Packaging Market is segmented by technology as Trace and Track, Tamper-evident, Covert, Overt, and Forensic Markers. The track & trace segment is estimated to lead the market with a share of over XX.X% in 2019 in the anti-counterfeit packaging market. This is ascribed to the high-volume adoption of packaging technologies, which allows manufacturers to track and trace their shipments and avoid any technological impediments. Covert anti-counterfeiting packaging techniques are expected to register a CAGR of over 7.95% over the forecast period due to high demand for low price secure packaging for use in the clothing & apparel and food industry. Due to high product protection coupled with product forgery difficulties, demand for security labels is expected to emerge as the most lucrative covert security techniques. Furthermore, the high demand for such FMCG products is expected to drive market growth over the next nine years.
Pharmaceutical application segment to grow with the highest CAGR during 2020-30
Anti-counterfeit Packaging Market is segmented by Application into Pharmaceutical, Food & Beverage, Clothing & apparel, and Others. The Food & beverage application segment accounted for the largest volume share of 14.87% in 2019 of the market on account of the need for product security driven by high levels of product counterfeiting in alcoholic beverages. Furthermore, the use of anti-counterfeiting techniques such as barcodes and machine-readable codes for food goods is expected to drive the market. It is expected that the use of a product for the safety of pharmaceutical products will emerge as the fastest-growing application category, guided by strong concerns about the adverse effects of spurious drugs. Moreover, high concerns about the brand reputation in the pharmaceutical industry are expected to drive the growth of the market for anti-counterfeiting packaging over the forecast period.
Anti-counterfeit Packaging Market: Market Dynamics
Drivers
Increasing Focus of Manufacturers on Brand Protection
Concerns about the losses suffered by commodity producers across countries due to sales of counterfeit goods have increased. This has raised brand dilution issues, which, in turn, is driving the need for anti-counterfeit packaging. Furthermore, due to the risk of damage caused by the use of spurious goods, a major market for anti-counterfeit packaging is expected to emerge in the pharmaceutical industry. Manufacturers are embracing anti-counterfeiting packaging technology due to concerns about the brand value and adverse effects of spurious products, which in turn fuels the global demand for anti-counterfeit packaging. Following the concerns about brand dilution and losses suffered by manufacturers, many companies are making heavy investments in anti-counterfeit packaging technologies, which are expected to generate enormous business opportunities for industry players. Furthermore, anti-counterfeit innovations are increasingly supported by supportive government policies in the food & beverage and pharmaceutical packaging industries, further boosting the anti-counterfeit industry.
Restrain
High-initial Costs
Owing to the globalization of the retail industry, the anti-counterfeit packaging market is currently facing a gigantic challenge, which indirectly gives counterfeiters a crucial advantage in disrupting the real product market. Along with the pharmaceutical and retail goods industry, the global food & beverage market is facing losses due to counterfeiting in terms of sales and intangible assets. Any significant or critical improvement in the packaging process of the brand recall will build a barrier to identifying the real product and can definitely help forgers to produce fake goods on behalf of the original one.
Anti-counterfeit Packaging Market: Key Players
Avery Dennison Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.
CCL Industries Inc.
3M Company
E.I. Du Pont De Nemours and Company
Zebra Technologies Corporation
Sicpa Holding SA
AlpVision SA
Applied Dna Sciences Inc.
Uflex Limited
Authentix Inc.
Ampacet Corporation
PharmaSecure Inc.
Other prominent players
Anti-counterfeit Packaging Market: Regions
Anti-counterfeit Packaging Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa.
Anti-counterfeit Packaging Market in North America led the market with a lion share of more than XX.X% in 2019 and is projected to maintain its lead over the forecast period in terms of value, followed by Europe and the Asia Pacific, owing to manufacturers’ focus on developing sustainable anti-counterfeit packaging options. However, the markets in China and India are expected to expand at higher rates over the forecast period, as the anti-counterfeit packaging market in developed countries is maturing. The Asia-Pacific region is projected to record the highest growth during the forecast period, with growing market awareness leading to greater awareness of product-related information prior to actual consumption, thus increasing the demand for counterfeit packaging in the region.
Competitive Landscape:
The Anti-counterfeit Packaging market, which is highly competitive, consists of several major players such as E.I. du Pont de Nemours and Company, Avery Dennison Corporation hold a substantial market share in the Anti-counterfeit Packaging market. Other players analysed in this report are SICPA Holding SA, Amcor Limited, Atlantic Zeiser GmbH, and Applied DNA Sciences Inc among others.
Anti-counterfeit Packaging Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Anti-counterfeit Packaging Market report also contains analysis on:
Anti-counterfeit Packaging Market Segments:
By Technology:
Trace and Track
Tamper-evident
Covert
Overt
Forensic Markers
By Application:
Pharmaceutical
Food & Beverage
Clothing & Apparels
Anti-counterfeit Packaging Market Dynamics
Anti-counterfeit Packaging Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Anti-counterfeit Packaging Market
Which segment is anticipated to hold the largest market share
At what CAGR is the market anticipated to grow between 2020 and 2030
Who are the key players in the Anti-counterfeit Packaging Market
What could be the challenging factors in the growth of the Anti-counterfeit Packaging Market
What are the growth drivers for the Anti-counterfeit Packaging Market
Contents
1. Executive Summary
2. Anti-counterfeit Packaging Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Anti-counterfeit Packaging Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Anti-counterfeit Packaging Market
1. Market Size & forecast, 2019A-2030F
1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
2. By Volume 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Anti-counterfeit Packaging: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
2. By Technology: Market Share (2020-2030F)
1. Trace and Track, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
2. Tamper-evident, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
3. Covert, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
4. Overt, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
5. Forensic Markers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
3. By Application: Market Share (2020-2030F)
1. Pharmaceutical, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
2. Food & Beverage, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
3. Clothing & Apparels, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
1. Avery Dennison Corporation.
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. CCL Industries Inc.
3. 3M Company
4. E.I. Du Pont De Nemours and Company
5. Zebra Technologies Corporation
6. Sicpa Holding SA
7. AlpVision SA
8. Applied Dna Sciences Inc.
9. Uflex Limited
10. Authentix Inc.
11. Ampacet Corporation
12. PharmaSecure Inc
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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