The Anti-Counterfeit Packaging Market is being driven by Booming e-commerce industry
The Anti-Counterfeit Packaging Market is expected to grow at a CAGR of 16.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 185.9 billion. Intelligent and advanced packaging solutions are gaining traction in the business world due to their ability to monitor product quality and authenticity. These systems, which include microsensors, printed electronics, authentication platforms, and IoT technology, offer significant benefits such as extended shelf life, real-time product condition reporting, and tamper evidence. By providing consumers with valuable information about the product's condition and authenticity, smart packaging enhances product value and consumer trust. Despite being in the early stages of the product lifecycle, the potential for growth in this market is substantial as technology continues to advance.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
199 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.2% |
Market growth 2025-2029 |
USD 185.9 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
13.8 |
Key countries |
US, Germany, UK, Canada, China, France, Japan, Italy, Brazil, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Anti-Counterfeit Packaging Market is experiencing significant growth due to the surge in counterfeiting incidents. To combat this issue, companies are turning to track-and-trace technologies such as QR codes and blockchain for brand protection. eCommerce and luxury packaging segments are major contributors to this market's expansion. Environmental concerns and global trade expansion are also driving demand. Stringent regulations and supply chain disruptions pose challenges. Historical performance indicates continued growth, with future prospects promising due to the need for brand protection and the use of raw materials in innovative packaging solutions.
The Anti-Counterfeit Packaging Market is experiencing significant growth due to the escalating issue of counterfeiting incidents. To mitigate this challenge, businesses are increasingly adopting advanced packaging solutions. These include technologies such as Track-and-Trace, QR codes, and Blockchain. These solutions enable brand protection and ensure the authenticity of products, particularly in the eCommerce sector. The luxury packaging industry is also leveraging these technologies to enhance consumer experience and trust. The market for metal, glass, and plastic containers remains fragmented, with multiple layers in the supply chain. Suppliers play a crucial role, providing raw materials such as borosilicate glass, HDPE, and PET, which are then transformed into containers through research and development, manufacturing, and distribution. These packaging solutions not only secure the brand reputation but also offer transparency and traceability throughout the entire value chain.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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