Global Anti-Counterfeit Packaging Market Expected Grow at A CAGR of 8.4% 2019-2026

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The global anti-counterfeit packaging market was valued at USD 106.87 Bn in 2018 and is expected to reach USD 204.76 Bn in 2026, growing at a CAGR of 8.4% during the forecast period.

Anti-counterfeit packaging is basically a process in which secure packaging is assigned to the product to minimize infringement. Prevention of imitation is one of the benefits offered by anti-counterfeiting packaging. The growth of the anti-counterfeit packaging market is primarily driven by the growth in the manufacturing industry. The anti-counterfeit packaging is witnessing elevated demand from the healthcare industry, owing to the growing concern of health safety increasing counterfeiting activities in the healthcare products manufacturing.

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The RFID segment expected to dominate the market throughout the forecast period Based on the product, the global anti-counterfeit packaging market has been segmented into RFID and Barcode. The RFID of anti-counterfeit packaging accounted for approximately 52% of the share in the global anti-counterfeit packaging market in 2018. While barcode accounted highest CAGR of around 11 % in the global anti-counterfeit packaging market during the forecast period. Barcode is widely adopted for its cost-effectiveness. These benefits are expected to enhance the demand and sales for the barcode segment across the developed and developing countries in the global market.

Based on feature, the overt segment is expected to grow at a CAGR of around 10% throughout the forecast period Based on the feature, the market has been segmented into overt and covert. The overt feature segment accounts of the largest share in the market and are expected to grow at a CAGR of around 10% during the forecast period. Based on end-use industry, the food & beverage segment is expected to dominate during the forecast period Based on end-use industry, the market has been segmented into food & beverage and healthcare among others.

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The food & beverage segment accounts of the largest share in the market and held for more than 35% of the total market in 2018. The major factors that are driving the growth of this segment are the rising demand for product standardization in the food and beverage industry across developing countries such as India, China, and Indonesia. Asia-Pacific to dominate the anti-counterfeit packaging market throughout the forecast period Asia-Pacific accounted for nearly 38% share of the global anti-counterfeit packaging market in 2018 and is expected to dominate the market throughout the forecast period.
The rapid growth in the food & beverage sector in emerging economies such as China and India are one of the major driving factors for the region in the global market. North America is expected to hold the highest CAGR in the global market during the forecast period.

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The manufacturers are investing in North American countries to meet the demand for the healthcare sector. Company Profiles and Competitive Intelligence: The major players operating in the global anti-counterfeit packaging market are Avery Dennison (US), CCL Industries Inc. (Canada), 3M Company (US), DuPont (US), Zebra Technologies Corporation (US), SICPA Holding SA (Switzerland), AlpVision S.A (Switzerland), Applied DNA Sciences Inc. (US), S Savi Technology, Inc. (US), and Authentix, Inc. (US) among others.

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