Anti-Counterfeiting Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Anti-Counterfeiting Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Anti-Counterfeiting Packaging Market

The anti-counterfeiting packaging market size was valued at USD 148.82 billion in 2023, and the market is now projected to grow from USD 159.87 billion in 2024 to USD 159.87 billion by 2032, exhibiting a CAGR of 8.27% during the forecast period of 2024-2032.

Despite the market downturn as a result of the COVID-19 pandemic, packaging manufacturers joined forces with authentication era carriers to create anti-counterfeit packaging answers. This strategic collaboration aims to capitalize on marketplace possibilities and drive growth in the face of decreased call for immediate-moving customer items. These revolutionary solutions are predicted to beautify product protection, instill customer believe, and make contributions positively to market enlargement inside the coming forecast length.

Government guide for anti-counterfeiting technologies, spurred with the aid of stringent policies, is fueling marketplace growth in diverse economies. Favorable regulations in food and healthcare packaging sectors are using adoption, together with advancements via key manufacturers. Increased investments by way of businesses in anti-counterfeit packaging solutions mirror developing worries approximately brand safety, similarly propelling marketplace expansion. Ongoing improvements in secure packaging throughout industries are poised to sustain and increase marketplace growth in the forecasted duration.

The expanded adoption of anti-counterfeiting packaging in the healthcare and pharmaceutical area is a good sized trend using worldwide marketplace increase. This fashion is fueled by way of the need to safeguard medicinal products from counterfeiters, making sure client protection and protecting brand recognition for pharmaceutical corporations. Recent incidents, inclusive of fake COVID-19 vaccine income, have highlighted the urgency of robust anti-counterfeiting measures, leading to authorities support and industry innovations in packaging technology. As an end result, the healthcare enterprise's reliance on anti-counterfeit packaging solutions is anticipated to keep growing, contributing considerably to marketplace expansion.

Comprehensive Analysis of Anti-Counterfeiting Packaging Market

The anti-counterfeiting packaging market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by end-use and by technology . The end-use include, food & beverages, healthcare & pharmaceuticals, industrial & automotive, consumer electronics, and others. By technology include, RFID, holograms, and barcodes.

The North America region lead the anti-counterfeiting packaging market share by benefitting a market size of USD 53.49 billion in 2023 due to rapid development of several end-use industries.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, CCL Industries Inc., 3M Company, Zebra Technologies Corporation, SML Group, SICPA HOLDING SA, Avery Dennison Corporation, AlpVision, Authentix, BrandWatch Technologies, and Impinj, Inc. are key players in the anti-counterfeit packaging market.

In October 2022, Gerresheimer and Merck collaborated to create a digital twin solution, ensuring traceability and fostering trust in their processes and products.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.27% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Technology

- RFID

- Holograms

- Barcode

- Others

By End-Use

- Food & Beverages

- Healthcare & Pharmaceuticals

- Industrial & Automotive

- Consumer Electronics

- Others

By Region

- North America (By Technology, By End-Use, and Country)

U.S. (By Technology)

Canada (By Technology)

- Europe (By Technology, By End-Use, and Country)

Germany (By Technology)

France (By Technology)

U.K. (By Technology)

Italy (By Technology)

Spain (By Technology)

Russia (By Technology)

Rest of Europe (By Technology)

- Asia Pacific (By Technology, By End-Use, and Country)

China (By Technology)

India (By Technology)

Japan (By Technology)

Australia (By Technology)

Southeast Asia (By Technology)

Rest of Asia Pacific (By Technology)

- Latin America (By Technology, By End-Use, and Country)

Brazil (By Technology)

Mexico (By Technology)

Rest of Latin America (By Technology)

- Middle East & Africa (By Technology, By End-Use, and by Country)

GCC (By Technology)

South Africa (By Technology)

Rest of the Middle East & Africa (By Technology)