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The Global Anti-Counterfeit Packaging market is expected to reach $234.43 billion by 2026 growing at a CAGR of 14.1% during 2019 to 2026. Anti-counterfeit packaging is mainly intended to prevent brand reproduction. It enables brand protection and enables clients to distinguish between original and counterfeit. Product imitations of clothing, electronics, pharmaceuticals and other consumer products are of lesser quality and do not meet fixed safety standards. The imitations are sold in contravention of law and cost the company vital revenue and affect brand image.
Factors such as rising health risks due to low-quality products in the food & beverages industry and laws & regulations enforced by governments are driving the market growth. However, high cost of infrastructure setup and existence of technologies that are non-deterrent to counterfeiters are restraining the market growth. Moreover, growing demand f
Anti-counterfeit packaging Market Leading Companies Outlook, Competition Landscape, Upcoming Challenges And Explosive Growth Opportunity texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Global Anti-Counterfeit Packaging Technologies Market (2020 to 2028) - Featuring 3M, Avery Dennison and Digimarc Among Others - ResearchAndMarkets.com
[December 31, 2020]
Global Anti-Counterfeit Packaging Technologies Market (2020 to 2028) - Featuring 3M, Avery Dennison and Digimarc Among Others - ResearchAndMarkets.com
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Anti-counterfeit packaging technologies market is expected to reach $420.97 billion by 2028 with 12.8% CAGR during the forecast period from 2020 to 2028. In 2019, North America led the anti-counterfeit packaging technologies market. The Asia Pacific is estimated to be the fastest-growing region between 2020 and 2028.
Counterfeit is an issue related to product security. Counterfeit product trade is over a trillion-dollar market. Counterfeit products have a huge potential to cause economic damages to any region or country. Rapid globalization along with reducing financial and custom control and liberating economies are offering