The LAMEA Anti-Counterfeit Packaging Market Size would witness market growth of 15.6% CAGR during the forecast period (2018 – 2024). Anti-counterfeit packaging technologies authenticate a product's genuineness, follow it up to offer product and brand safety while eradicating the harmful effect of counterfeiting by consumer, brand and government organizations. These technologies help prevent possible fraudulent use of the brand image of manufacturers, which is beneficial to the growth of LAMEA's market.
Due to the growing focus of key producers on global brand protection, South Africa's market for anti-counterfeit packaging technologies is set to increase by two digits over the forecast period. False packaging of commercial products, commodities and other goods, could potentially damage manufacturers economically. The health risk in connection with poor products is increasing. These are the fundamental factors which have led to technology adoption in the market for packaging technologies for anti-counterfeit products.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
Related Report
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Europe Anti-Counterfeit Packaging Market Size, Analysis, Growth
North America Anti-Counterfeit Packaging Market Size, Analysis, Growth
Anti-Counterfeit Packaging Market Size, Analysis, Growth
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