The Global Anti-counterfeit cosmetic packaging is expected to have a market value of USD 131.85 billion in 2022 and USD 449.54 billion in 2030, increasing at a CAGR of 13.17%.
The global Anti-counterfeit Pharmaceuticals and Cosmetics Packaging market are projected to grow at a considerable rate in the coming period. The increase in counterfeiting activities, particularly in the pharmaceuticals and cosmetic industries are creating demand for anti-counterfeiting measures. The anti-counterfeit pharmaceuticals and cosmetics packaging help in avoiding piracy of products, ensure the trade of authentic pharmaceutical and cosmetic products and prevent counterfeiting activities.
There are several factors such as the implementation of strict regulations about the usage of barcodes and advanced packaging by manufacturers, increasing initiatives from governments to prevent counterfeit goods, presence of many intermediates, and growing consumer awareness about the adverse effects of fake goods are remarkably supports the development of the global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging market.
Equally, increasing international trade, implementation of strict government regulations on the trading of fake goods, and launch of innovative products to reinforce the anti-counterfeit system, are anticipated to create profitable opportunities for the global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging market in the forthcoming years. Additionally, development in the track and trace technology and increase in multi-layered authentication technologies are projected to create several opportunities in the global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market in the near future.
On the downside, the high cost of anti-counterfeit technologies, complex operation, decentralization of the pharmaceutical industry, and limited control of the manufacturer over the supply chain are some key aspects that are expected to hamper the growth of the market during the forecast period.
Covid-19 Impact on Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Segment Overview
Based on Technology, the Track and Trace Technology is the most prominent segment in the global market which includes sub-segments, Barcode Technology and RFID Technology. Barcode information is read by an optical (laser) scanner that is part of a computer system. A handheld scanner or barcode pen is moved across the code, or the code itself is moved by hand across a scanner built into a checkout counter or other surface. Additionally, RFID stands for “Radio-Frequency Identification” which refers to a technology whereby digital data encoded in RFID tags or smart labels are captured by a reader via radio waves. RFID has several advantages over systems that use barcode asset tracking software. The most notable is that RFID tag data can be read outside the line of sight, whereas barcodes must be aligned with an optical scanner.
Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market, By Technology
- Track and Trace Technology
- Barcode Technology
- RFID Technology
- Authentication Technology
- Ink and Dyes
- Holograms
- Watermarks
- Taggants
- Pharmaceuticals
- Over-The-Counter Drugs
- Prescription-Based Drugs
- Cosmetics & Personal Care
In terms of region, North America represented a major share of the global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging market, and the pattern is foreseen to continue in the upcoming years as well. This is because of the growth of the medical research & development sector in this region and the increase in the number of pharmaceutical companies. Likewise, the market in the Asia-Pacific region is expected to grow at a significant pace in the forthcoming period. This is because of growing awareness about authentic pharmaceutical drugs and cosmetic products as a result of an increasing number of awareness campaigns regarding the use of original products.
Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Competitor overview
Some key developments and strategies adopted by manufacturers in Anti-counterfeit Pharmaceuticals and Cosmetics Packaging are highlighted below.
· In September 2021, the Fraunhofer Institutes for Applied Polymer Research IAP, for Secure Infor-mation Technology SIT and for Open Communication Systems FOKUS are developing a novel marking system that can determine the authenticity of products via smart devices even while being offline. SmartID will be embedded in existing track & trace infrastructures and can be printed on products or their packaging using commercially available printing processes. Counterfeit-proof product protection and resilient supply chains are the goals of the Fraunhofer SmartID project.
Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market, Key Players
· Alien Technology Corp.
· Alpvision
· Zebra Technologies Corp.
· Inksure Technologies Inc.
· Avery Dennison Corp.
· Flint Group Corp.
· Impinj Incorporation
· Datamax-O'neil (Honeywell)
· Authentix Inc.
· Sicpa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Track and Trace Technology
- 5.2.1.1. Barcode Technology
- 5.2.1.2. RFID Technology
- 5.2.2. Authentication Technology
- 5.2.2.1. Ink and Dyes
- 5.2.2.2. Holograms
- 5.2.2.3. Watermarks
- 5.2.2.4. Taggants
- 5.2.1. Track and Trace Technology
- 5.3.1. Pharmaceuticals
- 5.3.1.1. Over-The-Counter Drugs
- 5.3.1.2. Prescription-Based Drugs
- 5.3.2. Cosmetics & Personal Care
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Track and Trace Technology
- 6.2.1.1. Barcode Technology
- 6.2.1.2. RFID Technology
- 6.2.2. Authentication Technology
- 6.2.2.1. Ink and Dyes
- 6.2.2.2. Holograms
- 6.2.2.3. Watermarks
- 6.2.2.4. Taggants
- 6.2.1. Track and Trace Technology
- 6.3.1. Pharmaceuticals
- 6.3.1.1. Over-The-Counter Drugs
- 6.3.1.2. Prescription-Based Drugs
- 6.3.2. Cosmetics & Personal Care
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Track and Trace Technology
- 7.2.1.1. Barcode Technology
- 7.2.1.2. RFID Technology
- 7.2.2. Authentication Technology
- 7.2.2.1. Ink and Dyes
- 7.2.2.2. Holograms
- 7.2.2.3. Watermarks
- 7.2.2.4. Taggants
- 7.2.1. Track and Trace Technology
- 7.3.1. Pharmaceuticals
- 7.3.1.1. Over-The-Counter Drugs
- 7.3.1.2. Prescription-Based Drugs
- 7.3.2. Cosmetics & Personal Care
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Track and Trace Technology
- 8.2.1.1. Barcode Technology
- 8.2.1.2. RFID Technology
- 8.2.2. Authentication Technology
- 8.2.2.1. Ink and Dyes
- 8.2.2.2. Holograms
- 8.2.2.3. Watermarks
- 8.2.2.4. Taggants
- 8.2.1. Track and Trace Technology
- 8.3.1. Pharmaceuticals
- 8.3.1.1. Over-The-Counter Drugs
- 8.3.1.2. Prescription-Based Drugs
- 8.3.2. Cosmetics & Personal Care
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Track and Trace Technology
- 9.2.1.1. Barcode Technology
- 9.2.1.2. RFID Technology
- 9.2.2. Authentication Technology
- 9.2.2.1. Ink and Dyes
- 9.2.2.2. Holograms
- 9.2.2.3. Watermarks
- 9.2.2.4. Taggants
- 9.2.1. Track and Trace Technology
- 9.3.1. Pharmaceuticals
- 9.3.1.1. Over-The-Counter Drugs
- 9.3.1.2. Prescription-Based Drugs
- 9.3.2. Cosmetics & Personal Care
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Alien Technology Corp.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Alpvision
- 10.6. Zebra Technologies Corp.
- 10.7. Inksure Technologies Inc.
- 10.8. Avery Dennison Corp.
- 10.9. Flint Group Corp.
- 10.10. Impinj Incorporation
- 10.11. Datamax-O'neil (Honeywell)
- 10.12. Authentix Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
