DUBLIN, Jan. 31, 2019 /PRNewswire/ --
The "Anti-Counterfeit Packaging Market by Technology, Usage Feature, End-Use Sector, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global market for anti-counterfeit packaging is projected to grow from USD 5.3 billion in 2018 to reach USD 9.4 billion by 2023, at a CAGR of 12.1%.
The anti-counterfeit packaging market is driven by factors such as the increasing number of counterfeit products in the market, growing brand awareness among buyers about product information, the expansion of the e-commerce industry, developments in printing technologies, and concerns regarding the impact of counterfeit packaging on the brand image of products. The clothing & apparel sector is projected to be the fastest-growing end-use sector in the next five years.
Due to stringent laws & regulations enacted by the government in various countries and increasing importance given to packaging security by manufacturers, the demand for anti-counterfeit packaging technologies is projected to grow in this sector. Emerging markets in the Asia-Pacific region have widened the application of anti-counterfeit packaging in the packaging industry. The high set-up costs is a major restraint for the anti-counterfeit packaging market.
RFID technology is projected to grow at the highest CAGR during the forecast period
The RFID technology is projected to grow at the highest rate between 2018 and 2023. The RFID technology reads and captures information stored on the tag attached to the product. RFID technologies are extensively used in the packaging industry as they include tags, readers, and software services. By using tags and readers, products can be traced in seconds; this helps improve and track the supply chain process from the production units through distribution and retailing.
Asia-Pacific region to record the fastest growth during the forecast period
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by North America. In the Asia-Pacific, China is projected to be the largest consumer for anti-counterfeit packaging, followed by Japan. China, with its growing food & beverage and pharmaceutical & healthcare industries, is projected to drive the anti-counterfeit packaging market. The growing inclination toward convenient products is projected to impact the anti-counterfeit packaging market in Japan.
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Regional Scope
1.3.2 Years Considered for the Study
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
18.104.22.168 Key Data From Secondary Sources
2.1.2 Primary Data
22.214.171.124 Key Data From Primary Sources
126.96.36.199 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
3 Executive Summary
4 Premium Insights
4.1 Developed Economies to Witness Higher Demand for Anti-Counterfeit Packaging
4.2 Anti-Counterfeit Packaging Market, By Technology
4.3 Anti-Counterfeit Packaging Market, By Usage-Feature
4.4 US Accounted for the Largest Share in the North American Region in 2017
4.5 Anti-Counterfeit Packaging Market, By End-Use Sector
4.6 Anti-Counterfeit Packaging Market: Geographic Snapshot
5 Market Overview
5.2 Market Dynamics
188.8.131.52 Laws & Regulations Enforced by Governments
184.108.40.206 Increasing Focus of Manufacturers on Anti-Counterfeit Packaging
220.127.116.11 Maintaining an Efficient Supply Chain
18.104.22.168 Growth of the Parent Industry
22.214.171.124 Existence of Technologies that are Deterrent to Counterfeiters
126.96.36.199 Huge Setup Costs
188.8.131.52 Growing Demand in Emerging Industrial Markets
184.108.40.206 Remote Authentication of Products
220.127.116.11 Spreading Awareness of Anti-Counterfeit Technologies for Anti-Counterfeit Packaging Used By Manufacturers Among Consumers
18.104.22.168 High Research & Development Investment
6 Anti-Counterfeit Packaging Market, By Technology
6.3 RFID (Radio-Frequency Identification)
6.6 Inks & Watermarks
7 Anti-Counterfeit Packaging Market, By Usage Feature
7.2 Overt Features
7.3 Covert Features
8 Anti-Counterfeit Packaging Market, By End-Use Sector
8.3 Clothing & Apparels
9 Anti-Counterfeit Packaging Market, By Region
9.2 North America
9.5 Middle East & Africa (MEA)
9.6 South America
10 Competitive Landscape
10.2 Market Rank of Key Players
10.3 Competitive Situations & Trends
10.3.1 Agreements, Contracts, Collaborations, Joint Ventures and Partnerships
10.3.3 Technological Advancements and New Product Launches
10.3.4 Expansions & Investments
11 Company Profiles
11.1 Avery Dennison Corporation
11.2 CCL Industries Inc.
11.3 3M Company
11.4 E.I. Du Pont De Nemours and Company
11.5 Zebra Technologies Corporation
11.6 Sicpa Holding S.A.
11.7 Alpvision S.A.
11.8 Applied Dna Sciences Inc.
11.9 Savi Technology Inc.
11.10 Authentix Inc.
11.11 Ampacet Corporation
11.12 3D AG
11.13 Tracelink Inc.
11.14 Advance Track & Trace
11.15 Brandwatch Technologies
11.16 Impinj Inc.
11.17 Trutag Technologies Inc.
11.18 Arjo Solutions
11.19 Microtag Temed Ltd.
11.20 Agfa Graphics
For more information about this report visit https://www.researchandmarkets.com/research/2qcz7r/the_global?w=5
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets