Anti-counterfeit Packaging Market Trends

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Anti-counterfeit Packaging Market Trends

  • Report ID: GMI7278
  • Published Date: Nov 2023
  • Report Format: PDF

Anti-counterfeit Packaging Market Trends

The market is expected to grow owing to the packaging industry's overall expansion, which is being driven by the rising demand for packaging products from the food & beverage, personal care, and pharmaceutical sectors. The global population is growing rapidly, especially in urban regions, leading to higher consumption of packaged products including pharmaceuticals, personal care items, and packaged food & beverages. Due to busy lifestyles, consumers are willing to pay more for these products, boosting the demand for packaging. This increasing demand for packaged products contributes to the growth of the anti-counterfeit packaging industry.

 

The rise of e-commerce and Direct-to-Consumer (DTC) sales channels has created a surge in demand for packaging materials. Since every product purchased through e-commerce and DTC channels is shipped directly to the customer, it needs to be packaged separately to ensure protection during transit. To guarantee that online orders arrive undamaged, products must be packaged securely and protectively. This necessitates flexible packaging options that can handle the wide range of goods being sold online. Thus, the demand for anti-counterfeit packaging is increasing to ensure the product’s information, safety, and authenticity.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for anti-counterfeit packaging was worth around USD 120 billion in 2022 and is expected to expand at over 12% CAGR from 2023 to 2032 owing to its increasing adoption to protect product authenticity and guarantee that customers receive authentic and secure goods.

The mass encoding segment held more than 29% share of the anti-counterfeit packaging market in 2022 and is estimated to witness high demand through 2032 driven by the growing consumption of products in different end-use sectors.

North America accounted for over 34% revenue share of the anti-counterfeit packaging market in 2022 and is likely to depict robust growth through 2032 attributed to the rising consumption of packed food and other products in the region.

Some of the top companies operating in the anti-counterfeit packaging industry are 3M Company, Authentix, Inc., DuPont, Intelligent Label Solutions, SML Group, and SysTech International.

Anti-counterfeit Packaging Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 19
  • Tables & Figures: 236
  • Countries covered: 15
  • Pages: 220
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