Anti-Counterfeit Packaging Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the global anti-counterfeit packaging market to grow at a CAGR of 18.58 % during the period 2017-2021.
The following companies as the key players in the global anti-counterfeit packaging market: Alien Technology, AlpVision, Avery Dennison, SICPA, and Zebra Technologies.
Other Prominent Vendors in the market are: Advanced Track & Trace, Advanced Traceability Solutions, Aesica Pharmaceuticals, Angstrom Technologies, Applied DNA Sciences, ATL Security Label Systems, Atlantic Zeiser, Authentix, CFC International, Colorcon, Covectra, Digimarc, EM Microelectronic, Essentra, Everest Holovisions, Flint Group, Honeywell, Impinj, Ingenia Technology, Interfarma, Intermec, International Ink, Clarivate Analytics, MicroTag Temed, Morpho, NanoGuardian, NovaVision, OpSec Security, Prooftag, ScanSource, Schreiner ProSecure, SCT International, SMARTRAC, Sun Chemical, Systech, TAGSYS, Thermo Fisher Scientific, TraceLink, TruTag Technologies, UPM Raflatac, Verance, Verayo, WISeKey, and YottaMark
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Commenting on the report, an analyst from team said: One trend in market is development of 3D barcodes. Some of the recent anti-counterfeit technologies have not been efficient in reducing the sale of counterfeit products. Vendors are focusing on advanced technologies in order to protect products from getting counterfeited. Barcodes were initially 1D and then QR codes, which are 2D, were developed. Now 3D barcodes have been developed, which can be inserted into products at the manufacturing stage. As they are not visible to naked eye, they are difficult to counterfeit. These 3D barcodes can be used in the food, electronics, healthcare, and automobile industries. In September 2015, Sofmat, a UK-based company developing anti-counterfeit packaging, announced the development of the first 3D barcode, which was developed in collaboration with researchers from Bradford University. Sofmat is contacting pharmaceutical companies for commercializing the technology. The 3D barcode developed by Sofmat is limited to products which are made using injected molding process that uses molded plastics and composites. However, other companies are likely to focus on developing similar 3D barcodes and increasing the application of these 3D barcodes to other packaging materials, not just molded plastics and composites.
According to the report, one driver in market is prevention of counterfeit products. Counterfeit packaging has become a major issue for most businesses globally. It not only results in losses for the company but also destroys the brand image of the products. For instance, in the pharmaceutical industry, basic pharmaceutical producers take stringent measures to prevent medicines from being counterfeited. Under