This anti-counterfeit packaging market report offers the most appropriate solution for your business requirements in many ways. To be successful in this competitive age, it is very imperative to get well-versed about the major happenings in the packaging industry which is possible only with the excellent market report like this one. To make you aware about the industry insights so that you never miss anything, this is the valuable market report. The report also analyzes the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Anti-counterfeit packaging report not only assists you with the informed decision making but also helps with smart working.
Global anti-counterfeit packaging market is estimated to grow from its initial estimated value of USD 5.18 billion in 2018 to an estimated value of USD 13.05 billion by 2026, registering a CAGR of 12.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of counterfeiting products in the market.
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Key Market Competitors: Global Anti-Counterfeit Packaging Market
Few of the major competitors currently working in the anti-counterfeit packaging market are AVERY DENNISON CORPORATION, CCL Industries, 3M, DuPont, ZIH Corp, SICPA HOLDING SA, AlpVision, Applied DNA Sciences, Savi Technology, Authentix Inc., Ampacet Corporation, 3D AG, TraceLink, Advanced Track & Trace, BrandWatch Technologies, Impinj Inc., TruTag Technologies Inc., Arjo Solutions, MicroTag Temed Ltd., and Agfa-Gevaert Group.
Key Developments in the Market:
In April 2016, AVERY DENNISON CORPORATION announced that they had agreed to acquire Mactac’s European division of the business from Platinum Equity. The acquisition is expected to enhance AVERY’s existing product portfolio and expand the regional market share of the company.
In November 2015, CCL Industries announced the acquisition of Worldmark Ltd. including the six manufacturing plants distributed across different regions and product portfolio focused on functional labels.
Increased focus of manufacturers and owners for anti-counterfeit systems is expected to drive the market growth
Growth of the applicable industry and rising growth of materials and packaging industry is also expected to drive the market growth
Existence of substitute anti-counterfeit methods and systems that are hindering the counterfeiters is expected to restrain the market growth
High initial and purchasing costs of these systems is also expected to restrain the market growth
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Segmentation: Global Anti-Counterfeit Packaging Market
(Barcode, RFID, Hologram, Taggants, Inks & Watermarks, Others),
(Overt Features, Covert Features),
(Footwear, Clothing & Apparels),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Competitive Analysis: Global Anti-Counterfeit Packaging Market
Global anti-counterfeit packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anti-counterfeit packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Insights in the report:
Complete Market analysis and forecasting
Market Definition, understanding the concept of anti-counterfeit packaging
Market Drivers and Restraints of the industry
Market Segmentations and market share divided amongst them
Key Players in the market and their analysis
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