One of the most critical techniques for avoiding counterfeiting is a safe pack. anti counterfeit packaging is the process of allocating secure wrapping to an item to reduce counterfeiting and infringement. Anti-counterfeiting wrapping is a secure wrapping that hinders counterfeiting and ensures the goods’ security. Companies take anti-counterfeiting measures, which also aid them in minimizing revenue and loyalty losses because of counterfeiting. The worldwide anti-counterfeit packaged food market was valued at $56 billion in 2013.
Damage to the economy to the corporation and consumer health hazards are two key factors influencing this exact implementation of anti-counterfeit packaging. That year 2012, pharm companies lost approximately $514 billion. This lost revenue is primarily due to non-prescribed drug counterfeiting. As a result, adopting newer technologies for product traceability would reduce economic damage while also boosting the industry for anti-counterfeit containers. Furthermore, favorable government policies in snacks and pharma packaging, which are a significant driver for this industry, support anti-counterfeit innovations.
anti-counterfeit packagingis more prevalent in countries than in developed nations. However, a lack of consumer awareness about the importance of verifying food and pharmaceutical goods is limiting market growth. With the globalization of retail companies, which provides counterfeiters a benefit, the anti-counterfeit packaged food market faces challenges. Counterfeiting is causing revenue and unrealized gain losses in the food, pharma, and other retail markets. Any transformation in the brand recognition packaging technique can make it more challenging to recognize the actual piece and make it easier for fraudsters to produce knockoffs in its place. This report includes marketing information on packaging patterns and patterns in wrapping technology for anti-counterfeit wrapping.
This report provides insight into current market dynamics in anti-counterfeiting packaging and how these trends are expected to change. Alien New tech Corp., AlpVision, Zebra Types of technology, Inksure Technologies, Harrison Dennison, Flint Group, Sequence of tokens Pharma Remedy Inc., TraceLink Inc., Authentix Inc., and Sicapa are among the key players spotlighted in this study.
- The report identifies the critical formative strategies adopted by the best firms in the sector. Practical analysis of anti-counterfeit packaging target markets such as systems and tools to determine significant market drivers and restraints.
- The key factors influencing the formation of the anti-counterfeit packaging industry are highlighted in this report. These variables are scrutinized to determine which ones have the most significant influence.
- Patent analysis of lately granted patents by geography provides market intelligence on overarching concept transitions, allowing for trend forecasting.