MRFR

  Market Overview  Anti-Counterfeit Packaging Market  2020 can possibly advance at a rate of close to 12% between 2020 and 2027 (evaluation period), confirms Market Research Future (MRFR). Top Drivers and Main Barriers  With the counterfeiting industry rapidly rearing its head, the consumer goods market is constantly taking a hit with each passing year. Recent years have noted a surge in counterfeit car parts, technologies like cell phone batteries and prescription drugs. Counterfeit pharmaceutical has emerged as one of the most profitable industries in the worldwide trade of illegal goods. Unauthentic drugs not only harm but also lead to fatality all across the world, leading to significant damage of the brand belonging to renowned pharmaceutical manufacturers. The surge in the use of online pharmacies, and the emergence of mass producers of various counterfeit medical products, has unfortunately boosted the growth of the falsified drugs market. This calls for more ...

  Anti-Counterfeit Packaging Market  Overview:  According to a comprehensive research report by Market Research Future (MRFR),  “ Anti-Counterfeit Packaging Market  Research Report, Technology , Usage Feature, End-Users and Region - Forecast till 2027”  The market is projected to reach USD 237.81 billion by 2027 from an estimated USD 110.2 billion in 2020, at a CAGR of 12.93% from 2021 to 2027. Market Analysis During the projected period, the anti-counterfeit packaging market is predicted to grow at an exponential rate. Two primary variables have the potential to drive market expansion. In recent years, the pharmaceutical industry has suffered massive losses as a result of counterfeiting activities. The use of counterfeit pharmaceuticals can have serious consequences for patients' lives. In addition, various government policies and efforts are promoting the market growth. In addition, anti-counterfeit technologies are widely used in the food packaging busin...