Amid increasingly stringent security regulations and an alarmingly high number of fake products on the market, anti-counterfeiting technologies are the latest trend to take the packaging industry by storm. The global market of Anti-counterfeit Packaging was estimated at 51.8 Billion USD at 2017, and the market is forecast to reach 105 Billion USD by the end of 2023.
Currently, the industry concentration of Anti-counterfeit Packaging is relatively low. Major manufacturers of anti-counterfeiting packaging product are mainly in US, Europe, Japan and China.
All manufacturers in the world are committed to the improvement of product quality. Currently, in Anti-counterfeit Packaging industry, the USA and EU manufacturers occupy near 4/5 of the market, while Chinese products domain the domestic market, due to the immature technologies.
Manufacturers of consumer goods have started implementing traceability systems that provide a trail of information of each item in a supply chain. These systems ensure product safety and efficiency. The producers can identify and locate potentially faulty items that could be hazardous to customers and remove them. The companies are implementing vision systems, 2-D barcodes, and image-based ID readers in product traceability systems. Data Matrix is very popular and adopted as a standard in several applications, as it allows the storage of more information such as product ID, manufacturer, lot number, and expiry.
Fifth, although sales of Anti-counterfeit Packaging bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Anti-counterfeit Packaging field hastily.
The Global Anti-Counterfeit Packaging Technologies Market Size, Status and Forecast 2022 This report released by QYResearch provides a basic overview of the Anti-Counterfeit Packaging Technologies industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Anti-Counterfeit Packaging Technologies industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.