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Embedded Technologies to Boost Anti-Counterfeiting Packaging Market

MarketsandMarkets forecasts the anti-counterfeit packaging market value will be worth US$153.95 billion by 2020.

MarketsandMarkets forecasts the anti-counterfeit packaging market value will be worth US$153.95 billion by 2020.
MarketsandMarkets forecasts the anti-counterfeit packaging market value will be worth US$153.95 billion by 2020.

The anti-counterfeit packaging market is projected to witness significant growth in the future with the increasing popularity of the benefits of authentication technologies and the need for track-and-trace technologies, which are embedded in packaging.

Developing markets such as China, Brazil and India are emerging as growth frontiers for anti-counterfeit packaging. Growing economies, globalization and reduced trade barriers act as the main drivers for increased opportunities in these nations.

These findings and more come from the MarketsandMarkets report, “Anti-Counterfeit Packaging Market by Technology (RFID, Coding & Printing, Holograms, Security Labels), Usage Feature (Track and Trace, Tamper Evidence, Overt & CovertvFeatures), End-Use (Food & Beverages, Pharmaceuticals, Automotive)—Global Forecasts to 2020."

MarketsandMarkets’ report projects the anti-counterfeit packaging market size to grow from US$82.05 billion in 2015 to reach US$153.95 billion by 2020, at an estimated Compound Annual Growth Rate of 13.41%.

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