The North America Anti-Counterfeit Packaging Market Size would witness market growth of 10.7% CAGR during the forecast period (2018 – 2024). Due to the increasing focus on developing sustainable brand protection options, the North American region accounted for a greater share in the total market for anti-counterfeit packaging in 2018. Amid increasingly stringent safety standards and an alarming number of fake products on the market, the latest trend is to storm the packaging industry.
The counterfeit goods market is growing worldwide and businesses have to work harder than ever before to counter this threat. In many market sectors, counterfeiting is a major problem, with the pharmaceutical industry being most at risk because of the illegal and dangerous substance used in counterfeit drugs. Today, food and pharmaceutical companies are taking anti-falsification packaging measures to prevent imitation and confirm goods' safety. Furthermore, for the affected company, counterfeiting leads to reduced profitability and loss of brand value.
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 U.S., Mexico, Canada, and Rest of North America.
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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