BANGALORE, India, April 17,
2024 /PRNewswire/ -- Anti-Counterfeit
Pharmaceuticals and Cosmetics Packaging Market is Segmented by
Technology (Authentication Packaging Technology, Track and Trace
Packaging Technology), by Application (Cosmetics and Personal Care,
Pharmaceutical)
The Global Anti-Counterfeit Pharmaceuticals and Cosmetics
Packaging Market was valued at USD 81.1
Billion in 2020, and is projected to reach USD 182.3 Billion by 2030, growing at a CAGR of
8.4% from 2021 to 2030.
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Major Factors Driving the Growth of Anti Counterfeit
Pharmaceuticals and Cosmetics Packaging Market
The growing global problem of counterfeiting, which endangers
consumers' health and safety and costs companies a lot of money, is
driving the expansion of the anti-counterfeit pharmaceutical and
cosmetics packaging industry. Global governments and regulatory
agencies are enforcing strict laws requiring improved security
measures in packaging to guarantee product legitimacy. Technologies
for authenticating packaging, such as polyimide coatings that make
it easier to integrate holograms, color-shifting inks, and security
graphics, are being used more and more in this context.
By guaranteeing that only authentic items reach the market,
these technologies contribute to consumer protection while also
preserving brand integrity and customer confidence.
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TRENDS INFLUENCING THE GROWTH OF ANTI COUNTERFEIT
PHARMACEUTICALS AND COSMETICS PACKAGING MARKET
The global rise in counterfeit goods is the main factor driving
the market for anti-counterfeit pharmaceutical and cosmetic
packaging. In addition to posing serious dangers to the health and
safety of consumers, counterfeit cosmetics and medicines cause
firms to suffer large financial losses. Businesses have invested in
cutting-edge anti-counterfeit technologies because they need to
safeguard customers and maintain the integrity of their brands.
Strict laws and regulations are being implemented by government and
regulatory entities worldwide in an effort to stop the spread of
counterfeit goods. The need for efficient anti-counterfeit
packaging solutions is fueled by these rules, which frequently
force pharmaceutical and cosmetics industries to implement secure
packaging technologies that guarantee product authenticity and
customer safety.
Anti-counterfeit packaging must include authentication methods.
These technologies include hard-to-replicate security graphics,
color-shifting inks, and holograms. Because of its longevity and
adaptability, polyimide coatings are being utilized more often in
these kinds of applications, allowing for the permanent and legible
stamping of authentication characteristics on the packaging of
medications and cosmetics.
Throughout the supply chain, track and trace technologies are
crucial for confirming the legitimacy and provenance of goods. This
technique makes it possible to apply barcodes, QR codes, and other
digital markers that can be scanned to track the movement and
origin of objects seamlessly when combined with polyimide coatings.
This aids in effectively handling recalls as well as the fight
against counterfeit.
Customers are becoming more conscious of the health hazards
connected to fake medications and cosmetics. The desire for goods
with confirmed authenticity is fueled by this awareness. As a
result of consumers' growing need for packaging that ensures
product safety, producers are being compelled to implement advanced
anti-counterfeiting technology.
Beyond only causing instant financial loss, counterfeiting may
permanently harm a brand's reputation and undermine consumer trust.
By guaranteeing that customers receive authentic items,
anti-counterfeit packaging not only protects income but also helps
to retain brand image and customer loyalty. Digital and mobile
technologies are being integrated with anti-counterfeit packaging
solutions to give businesses and customers rapid product
authentication.
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ANTI COUNTERFEIT PHARMACEUTICALS AND COSMETICS PACKAGING
MARKET SHARE
Over the course of the projection period, the anti-counterfeit
pharmaceuticals and cosmetics packaging market is expected to
develop at the highest CAGR of 10.2%, accounting for 20% of
the market share in 2020. The market for anti-counterfeit cosmetics
and pharmaceutical packaging is growing at a quicker rate in Asian
nations. Pharmaceutical firms are encouraged to embrace
authentication and track and trace technologies due to their
emerging nature. For instance, Shiseido of Japan started certifying their range of beauty
products for Asian internet sales. The business employs unique
packaging to help customers and merchants distinguish between real
and phony items in their collection.
Purchase Regional Report
Key Companies:
- Impinj
- NanoMatriX International Limited
- Authentix
- Hague
- U-NICA Solutions AG
- OpSec
- Alpvision
- Prooftag
- Zebra Technologies Corp
- Alien Technology Corp
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- Anti-counterfeit Packaging market was valued at
USD 4024.5 Million in 2023 and is
anticipated to reach USD 10490
Million by 2030, witnessing a CAGR of 14.2% during the
forecast period 2024-2030.
- Cosmetic Bottle Packaging market was valued at
USD 2044.8 Million in 2023 and is
anticipated to reach USD 3034.5
Million by 2030, witnessing a CAGR of 5.8% during the
forecast period 2024-2030.
- Metal Cosmetic Packaging market was valued at
USD 3667.1 Million in 2023 and is
anticipated to reach USD 4424.5
Million by 2030, witnessing a CAGR of 2.3% during the
forecast period 2024-2030.
- Recyclable Cosmetic Packaging market was valued at
USD 13490 Million in 2023 and is
anticipated to reach USD 18520
Million by 2030, witnessing a CAGR of 4.9% during the
forecast period 2024-2030.
- Sustainable Cosmetic Packaging market was valued at
USD 813 Million in 2023 and is
anticipated to reach USD 1144.6
Million by 2030, witnessing a CAGR of 4.9% during the
forecast period 2024-2030.
- Cosmetic Packaging Equipment market size is expected to
reach USD 8414.9 Million by 2029,
growing at a CAGR of 6.5% from 2023 to 2029.
- Cosmetic Packaging Materials Market
- Bottles and Cosmetics Packaging Market
- Skin Care Packaging Market
- Cosmetics and Fragrances Packaging Market
- Skincare Packaging Market
- Cosmetic Laminated Tube Packaging market was valued at
USD 1218 Million in 2023 and is
anticipated to reach USD 1928 Million
by 2030, witnessing a CAGR of 6.7% during the forecast period
2024-2030.
- Cosmetic Packaging Boxes Market
- Pharmaceutical Anti-Counterfeiting Technologies
Market
- Coding and Marking Ink market was valued at
USD 6600 Million in 2023 and is
anticipated to reach USD 9076.6
Million by 2030, witnessing a CAGR of 4.6% during the
forecast period 2024-2030.
- Shrink Film Machine Market
- Laser Self-Adhesive Tear Market
- The global pharmaceutical packaging market accounted for
USD 88,880 Million in 2019 and is
expected to reach USD 144,233 Million
by 2027, registering a Compound Annual Growth Rate (CAGR) of 6.1%
from 2020 to 2027.
- Blister Packaging market size is projected to reach
USD 23570 Million by 2027, from
USD 17490 Million in 2020, at a CAGR
of 5.1% during 2021-2027.
- The global cosmetics ODM market size is projected to
reach USD 10140 Million by 2027, from
USD 6760 Million in 2020 at a CAGR of
5.6% during 2021-2027.
- Aseptic Packaging Market revenue was USD 14560 Million in 2022 and is forecast to a
readjusted size of USD 18490 Million
by 2029 with a CAGR of 3.0% during the forecast period
(2023-2029).
- Plastic Medical Packaging Market revenue was
USD 18430 Million in 2022 and is
forecast to a readjusted size of USD 27850
Million by 2029 with a CAGR of 6.0% during the forecast
period (2023-2029).
- High Impact PolyStyrene (HIPS) for Opaque Rigid Medical
Packaging Market
- Photovoltaic Packaging EVA Film market is projected
to reach USD 9391.9 Million in 2029,
increasing from USD 3823 Million in
2022, with a CAGR of 13.7% during the period of 2023 to 2029.
- White Goods Packaging market is projected to reach
USD 19700 Million in 2029, increasing
from USD 14000 Million in 2022, with
a CAGR of 5.0% during the period of 2023 to 2029.
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