The Asia Pacific Anti-Counterfeit Packaging Market Size would witness market growth of 14.1% CAGR during the forecast period (2018 – 2024). With the anti-counterfeit packaging market maturing in advanced countries, China and India will increase at a higher rate by 2024. Due to growing consumer awareness, the Asia Pacific region is expected to record the highest growth rate over the forecast period. This has led consumers to check the information on the product prior to purchasing products and to increase demand in this region for anti-counterfeit packaging.
The expansion of trade between countries and easy payments are also useful for counterfeiting activities as well as well established distribution channels. The worldwide circulation of goods has increased online distribution networks across national borders. However, anonymity given an unlimited market place to counterfeiters, low cost communication and investment are some of the major factors opening the door to fake products. Furthermore, both national and international enforcement of intellectual property rights has become weak and impaired, making counterfeiting a low barrier market. Counterfeiting is a major health and safety threat and a threat to global trade. Anti-counterfeit packaging technologies that serve manufacturers, governments and consumers can prove useful.
Based on Usage Feature, the market is segmented into Overt Features and Covert Features. Based on technology, the market is segmented into Barcodes, RFID, Hologram, Packaging Designs and Others. Based on End User, the market is segmented into Food & Beverage, Healthcare & Pharmaceutical, Electronics & Automotive, Consumer Durables, Clothing & Apparel and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Avery Dennison Corporation, CCL Industries Inc., 3M Company, DowDuPont (DuPont), Zebra Technologies Corporation, SICPA Holding SA, Applied DNA Sciences Inc., SAVI Technology, Inc., Authentix, Inc., and AlpVision S.A.
Scope of the Study
Market Segmentation:
By Usage Feature
By Technology
By End User
By Country
Companies Profiled
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Anti-Counterfeit Packaging Market Size, Analysis, Growth
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