Anti-Counterfeit Packaging (Security Document and Event Ticketing) Market By Technology (Authentication packaging technology, Track and trace packaging technology): Global Opportunity Analysis and Industry Forecast, -
The global anti-counterfeit packaging market for security documents and event ticketing was valued at $37.8 billion in 2020, and is projected to reach $88.1 billion by 2030, growing at a CAGR of 8.8% from 2021 to 2030.
Anti-counterfeit packaging is the process of securing and authenticating products to minimize counterfeiting or infringement malpractices. Anti-counterfeiting packaging prevents imitation and confirms safety of goods.
The growth of the global anti-counterfeit packaging market for security documents and event ticketing is driven by advancement in track & trace technology and integration of new anti-counterfeit technologies in security documents & event ticketing. RFID technologies, are integrated with software solutions that provide real time tracking solution to various industry products including, security document and event ticketing. The application of RFID in event ticketing is collaborated with conventional techniques, such as holograms and ink and dyes, which provides solution to control and maintains the flow of documents in the market. For example, BrandWatch Technologies provides multi-layered document security solution, which comprises of specialty inks and new printing embedding technology. This new layered technology is expected to enhance the level of document authentication.
However, high cost is required for implementing product identification setups (ground infrastructure), which may not feasible for low cost products.. However, in developing countries like India, governments find it difficult to provide ground infrastructure, such as satellite for real time tracking to companies.
Event organizers, online traveling service providers, and courier and billing service providers seek better control over their document during transit through track and trace technologies. This technology helps in tracking the real time position of documents that are in transit. It also helps to reduce the amount of manual work incurred during document handling; thereby improving the visibility of documents. Document protection is one of the important parameters for maintaining the financial integrity of manufacturers. Higher counterfeiting activities hamper the goodwill of a company, which ultimately reduces profitability. Lower counterfeiting activities thereby increase the loyalty of consumers towards the company. A single incident of document forgery influences the belief of consumers on a company, putting the reputation of the company at stake. It takes time for companies to recover from these intangible losses. However, authentication technologies are playing a crucial role in identifying and securing the originality of documents and records. This will help companies to improve their brand image among consumers and also maintain the financial balance for the company. All these factors are anticipated to offer new growth opportunities in the forecast period.
The anti-counterfeit packaging market for security documents and event ticketing analysis is done on the basis of technology and region. Depending on technology, the market is divided into authentication packaging technology and tack & trace packaging technology. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include SICPA HOLDING SA, Prooftag, Giesecke+Devrient GmbH, Graphic Security Systems Corporation, AlpVision, Authentix, CCL Design, Zebra Technologies Corp., NanoMatriX International Limited, and Shanghai Quanray Electronics Co. Ltd.
The global anti-counterfeit packaging market for security documents and event ticketing report provides in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the anti-counterfeit packaging market analysis from 2020 to 2030 to identify the prevailing anti-counterfeit packaging market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the anti-counterfeit packaging market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global anti-counterfeit packaging market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
Authentication packaging technology
Track and trace packaging technology
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
SICPA HOLDING SA
Prooftag
Giesecke+Devrient GmbH
Graphic Security Systems Corporation
AlpVision
Authentix
CCL Design
Zebra Technologies Corp.
NanoMatriX International Limited
Shanghai Quanray Electronics Co. Ltd.
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