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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.