According to a recent survey conducted by ChemView Consulting, the Global Anti-Counterfeiting Packaging Market grew at a CAGR of 5.1% between 2017-2021 and is estimated to be US$ 1,36,525.1 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.5% and is expected to reach a valuation of US$ 48,612.81 Mn by 2032 end.
There are a whole lot of agencies which could assist with anti-counterfeit packaging. So, there are a whole lot of alternatives from which to choose. Any enterprise can use those offerings to shield itself from folks who try and thieve its emblem name. There is a sizable marketplace for anti-counterfeit packaging, a fast-developing enterprise due to the fact an increasing number of humans want packaging. Since the marketplace is so big, this will be a top-notch chance. As the want for precise packaging has grown, there has additionally been a growth in faux packaging.
The number one element influencing the anti-counterfeit packaging marketplace are the developing number of counterfeit gadgets worldwide, the elevated emphasis on protection and security, and the government`s tasks to fight counterfeiting. Anti-counterfeit packaging is a way for organizations to shield their merchandise from being misrepresented as the ones of some other emblem. Luxury apparel firms, for instance, imprint their emblems onto their garb to save you such occurrences. Numerous organizations require anti-counterfeit packaging. The packaging marketplace is enormous, and with this fashion at the rise, the anti-counterfeit packaging marketplace is likewise expanding. With preferred packaging, it is probably tough for customers to decide whether a product is genuine
Emerging economies consisting of India and China create new possibilities withinside the marketplace for anti-counterfeit packaging. Rising disposable incomes, urbanization, and a developing middle-magnificence populace will pressure the call for anti-counterfeit packaging. India and China have visible a surge in net sales. The international has grown to be more and more liable to counterfeiting because of the wide variety of merchandise transported and treated every day with the aid of using the identical wide variety of individuals. Counterfeiters and forgers have made it less difficult to transit counterfeit merchandise and weakened anti-counterfeit packaging merchandise.
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A list of some of the key suppliers present in the market are:
- CCL Industries Inc.
- 3M Company
- Zebra Technologies Corporation
- SML Group
- SICPA HOLDING SA.
- Avery Dennison Corporation
- BrandWatch Technologies
- Impinj, Inc.
- MicroTag Temed Ltd.
Report Coverage and Highlights
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- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
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- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
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About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals Materials, Food Beverages, Packaging, Oil Gas, New Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
Our client base ranges from industry experts, investors, top companies in the chemicals; and oil gas industry to SMEs, start-ups, and new entrants. We have worked with over 100 companies to upscale their position as the global leader in the chemical materials landscape with our cutting-edge analytics and advisory services.
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