At 14% CAGR to 2021, Anti-Counterfeit Packaging Market Led by RFID Technology
Jan 30, 2017
The global anti-counterfeit packaging market is projected to grow from USD 107.26 billion in 2016 to reach USD 206.57 billion by 2021 at a CAGR of 14% while RFID technology of the technology segment projected to grow at the highest CAGR during the forecast period.
Pune, India - January 30, 2017 /MarketersMedia/ —
The anti-counterfeit packaging market is driven by factors such as rise in counterfeit products in the market, increasing brand awareness, awareness among buyers about product information, the growing e-commerce industry, developments in printing technologies, and concerns regarding the impact of counterfeit packaging on the brand image of products. The growing pharmaceutical & healthcare sector is projected to be the fastest-growing end-use sector in the next five years. Due to stringent laws & regulations enacted by the government and increasing importance given to package security by manufacturers, the demand for anti-counterfeit packaging technologies is projected to grow in this sector.
Complete report on global anti-counterfeit packaging market spread across 205 pages, profiling 18 companies and supported with 145 tables and 43 figures is now available at http://www.reportsnreports.com/reports/470606-anti-counterfeit-packaging-market-by-technology-rfid-coding-printing-holograms-security-labels-usage-feature-track-trace-tamper-evidence-overt-covert-features-end-use-food-beverages-pharmaceuticals-automotive-global-forecasts-to-2020.html .
Emerging markets, such as the Asia-Pacific region, have contributed to an increase in the application of anti-counterfeit packaging in packaging products. The high set-up costs are the major restraint for the anti-counterfeit packaging industry.
The RFID technology of the technology segment is projected to grow at the highest rate between 2016 and 2021. The RFID technology reads and captures information stored on the tag attached to the product. RFID are used extensively in the packaging industry as they include tags, readers, and software services. By using tags and readers, products can be traced in seconds; this helps improve and track the supply chain process from production through distribution and retailing.
The various suppliers of anti-counterfeit packaging and related products in this report such as Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), Zebra Technologies Corporation (U.S.), SICPA Holding SA (Switzerland), AlpVision S.A (Switzerland), Applied DNA Sciences Inc. (U.S.), Savi Technology, Inc. (U.S.) and Authentix, Inc. (U.S.).
Request a discount on a copy of Anti-Counterfeit Packaging Market by Technology (Coding & Printing, RFID, Hologram, Security labels, Packaging Design), Usage Feature (Track & Trace, Tamper Evidence, Overt, Covert, Forensic Markers), End-use Sector, and Region - Global Forecast to 2021 research report at http://www.reportsnreports.com/contacts/discount.aspx?name=470606 .
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by North America. In Asia-Pacific, China is the largest consumer for anti-counterfeit packaging, followed by Japan. China, with its growing food & beverage and pharmaceutical &healthcare industries, is expected to drive the anti-counterfeit packaging market. Japan, with its growing inclination toward convenient products, is expected to impact the anti-counterfeit packaging market in the Asia-Pacific region.
Ask for a representative sample copy of this research at http://www.reportsnreports.com/contacts/requestsample.aspx?name=470606 .
About Us:
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.
Contact Info:
Name: Ritesh Tiwari
Organization: ReportsnReports
Address: 2nd Floor, Metropole, Next to Inox Theatre, Bund Garden Road, Pune - 411001 Maharashtra, India.
Phone: +1-888-391-5441
Source URL: http://marketersmedia.com/at-14-cagr-to-2021-anti-counterfeit-packaging-market-led-by-rfid-technology/165432
For more information, please visit http://www.reportsnreports.com
Source: MarketersMedia
Release ID: 165432
More News
Unhealthy air quality for sensitive groups in parts of Metro Manila – DENR
MANILA, Philippines — The air quality in some parts of Metro Manila remained “unhealthy for sensitive groups” levels on Thursday, Oct. 1, the Department of Environment and Natural Resources (DENR) said. The DENR’s Environmental Management Bureau (EMB) said that high PM2.5 levels, which refer to fine particulate matter measuring 2.5 micrometers or less in diameter,were
High fuel prices choke South Cotabato commuters, drivers
KORONADAL CITY — Commuters in South Cotabato are feeling the pinch of higher public transport fares that took effect on Monday, forcing some to adjust their daily budgets as drivers say the increase barely covers rising operating costs. Among them is Tessie Larroza, a resident of Sto. Niño, South Cotabato, who works in Koronadal City
AirAsia ends Bohol operations after final Panglao flight
TAGBILARAN CITY, Bohol — AirAsia Philippines ended its Bohol operations on Wednesday with its last scheduled flight arriving at the Bohol-Panglao International Airport (BPIA). The Airbus A320 aircraft operating Flight Z2354 landed at BPIA at about 9:45 a.m., marking the airline’s final scheduled service on the Manila-Bohol route. The company said it suspended its Bohol
House, LGUs are partners in protecting children online, offline – Dy
MANILA, Philippines — The House of Representatives and local government units should share the responsibility of protecting children online and offline, with lawmakers strengthening laws to achieve this and local officials implementing those laws. House Speaker Faustino “Bojie” Dy III said in Filipino in his speech on Wednesday at the 2026 League of Municipalities of
Ex-DSWD official found guilty of graft, malversation over PDAF misuse
MANILA, Philippines — The Sandiganbayan Fifth Division found a former Department of Social Welfare and Development (DSWD) official guilty of graft and malversation over the misuse of P5 million in Priority Development Assistance Fund (PDAF) in 2007. In a decision promulgated on Oct. 1, the court found former DSWD-National Capital Region (NCR) Regional Director Honorita
DILG chief to Velasco couple: Return to PH, take lie detector test
MANILA, Philippines — Interior Secretary Jonvic Remulla challenged former House Speaker Lord Allan Velasco and his wife to return to the Philippines and take a polygraph test amid allegations linking them to alleged cash deliveries to the Duterte family. “The lie detector test is not admissible in court. But I’m asking the Velasco couple to
Dizon orders start of P31M pedestrian-friendly roadwork in Naga
NAGA CITY — Public Works Secretary Vince Dizon has ordered on Thursday the start of a P31-million road redevelopment project for Naga City that will provide wider pedestrian walkways, bike lanes, and facilities for persons with disabilities (PWDs). The project along Melchor T. Villanueva Avenue in Barangay Liboton is expected to be completed within six
Defense: Documents show Duterte’s SALN declares Carpio properties
MANILA, Philippines — Vice President Sara Duterte’s defense team showed on Thursday that the land purchases of Duterte’s spouse, Atty. Manases Carpio, match those declared in the vice president’s statement of assets, liabilities and net worth (SALN). This, as defense counsel Atty. Lindon Bacquel cross-examined Davao City Register of Deeds IV Kathy Florence Baldonado and
LTFRB summons 19 ride-hailing providers for not following new fare hikes
MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday said it summoned 19 ride-hailing platform providers after they allegedly failed to implement the required fare adjustments. According to the LTFRB, it issued a show-cause order to at least 19 Transport Network Companies (TNCs) for failing to implement the approved fare increase,
Red tide-causing organism detected in Carigara Bay waters
TACLOBAN CITY — Seawater samples collected from Carigara Bay tested positive for Pyrodinium bahamense, a toxic microorganism associated with paralytic shellfish poisoning, the Bureau of Fisheries and Aquatic Resources (BFAR) said in an advisory on Tuesday. The positive samples were collected from waters covering parts of Babatngon, San Miguel, Capoocan, Barugo and Carigara, all in
1,216 aspiring military officers pass PMA entrance exam
BAGUIO CITY — Around 1,216 young men and women passed this year’s Philippine Military Academy entrance examinations, the military school announced on Thursday. They make up 4.78 percent of the 25,452 qualified applicants who took exams in 48 testing centers from July to September 2026, said Navy Lt. Commdr Jermaine B Dacanay, acting chief of
DOJ scrutinizes Gracioso Jr. affidavit: We don’t want weak cases
MANILA, Philippines – The Department of Justice (DOJ) is assessing the sworn statement of former police officer Rodulfo Gracioso Jr., applying the legal principle of the “totality of circumstances” in ensuring that any prospective criminal charges or witness protection coverage will hold up under judicial scrutiny. Justice Secretary Fredderick Vida said the DOJ received Gracioso’s
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.