Lewes, DE -- (SBWIRE) -- 03/26/2014 -- Secure packaging is one of the essential techniques to avoid counterfeiting. Anti counterfeit packaging is defined as the process of assigning secure packaging to the product in order to minimize counterfeiting or infringement. Anti-counterfeiting packaging is the process of secure packaging that prevents imitation and confirms safety of the goods. Anti-counterfeit measurements are taken by companies, which is helping them in minimizing loss due to counterfeiting in-term of revenue and loyalty. Global anti-counterfeit packaging market was accounted for $57.4 billion in 2013, which is forecast to generate revenue of $142.7 billion by 2020 at 13.9% CAGR from 2013-2020.
Two major factors influencing the adoption of anti-counterfeit packaging are, economical damage to the company and consumer health risks. Pharmaceutical companies experienced loss of approximately $514 billion in the year 2012 This revenue loss is mainly due to counterfeiting activities for non-prescribed drug. Thus, adoption of novel technologies for product tracking would decrease the economical damage and further boost the adoption of anti-counterfeit packaging market. Moreover, Anti-counterfeit technologies are supported by favorable government policies in food and pharmaceutical packaging, which are major driving factor for this market.
Counterfeiting practice is more common in developing countries as compared to developed countries. However, lack of awareness for authenticating pharmaceutical and food products among the consumers is affecting the market growth. Anti-counterfeit packaging market is facing challenges due to globalization of retail sectors which gives advantage to counterfeiters. Market of food, pharmaceutical and other retail products are experiencing loss due to counterfeiting in terms of revenue and intangible assets. Any change in the brand recall packaging method can create barriers to identify the original product and it can easily help counterfeiters to produce fake products in the name of original one. Trends in packaging technology with respect to anti-counterfeit packaging are explained in this report with market intelligence on packaging trends. This report provides intelligence on current market trends in anti-counterfeiting packaging to overcome counterfeiting activities and expected transformation of these trends.
Know more about this report at: http://www.marketresearchreports.com/allied-market-research/global-anti-counterfeit-packaging-market-food-and-pharmaceuticals-technology
- The report provides market scenario of current trends and revenues that are forecast from 2012- 2020
- The report identifies key developmental strategies adopted by top companies in the market
Practical evaluation of key market drivers and restraints for anti counterfeit packaging market segments such as applications and technologies
- This report provides emphasis on key factors affecting the growth of anti-counterfeit packaging market. These factors are critically analyzed to reveal the most influencing factors
- Patent analysis of recently granted patents according to geographies gives market intelligence of future trend transition to provide forecast of trends
Key Market Segments By Technologies -
Authentication Packaging Technology -
Ink And Dyes
Physical Paper Watermark
Track And Trace Packaging Technology -
Bar Code Labels
Paper Barcode Labels
Aluminum Barcode Labels
Polyester Barcode Labels
Ceramic Barcode Labels
Low Frequency RFID
Ultra-high Frequency RFID
High Frequency RFID
By Application -
Canned Food Packaging
Convenience Food Packaging
Packaged Bakery Products
Packaged Dairy Products
Packaged Meat Products
Over The Counter Drugs
Prescription Based Drugs
By Geography -
- North America
Key Audiences -
- Food And Beverages Packaging Industries
- Pharmaceutical Industries
- Logistics And Shipment Companies
- Government And Private Regulatory Authorities
- Logistics Management Companies
Spanning Over 129 pages, 51 tables, 39 figures, “Global Anti-Counterfeit Packaging Market - Food And Pharmaceuticals (Technology, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2012 – 2020” report covering the Market Overview Of Global Anti Counterfeit Packaging Market, Global Anti-Counterfeiting Market By Technologies, Global Anti-Counterfeiting Market By Applications, Global Anti-Counterfeiting Market By Geography, Company Profiles. The report covered 10 companies - Alien Technology Corp., Alpvision, Zebra Technologies, Inksure Technologies, Avery Dennison, Flint Group, Catalent Pharma Solution Inc., TraceLink Inc., Authentix Inc., Sicapa anti counterfeit market.
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