Anti-Counterfeit Packaging Market Worth 206.57 Billion USD by 2021

marketsandmarketsPUNE, India, January 27, 2017 /PRNewswire/ --

The report "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", published by MarketsandMarkets, the market size is projected to grow from USD 107.26 Billion in 2016 to reach USD 206.57 Billion by 2021, at a CAGR of 14.0%.

The Global Anti-Counterfeit Packaging Market is witnessing demand owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the demand from the food & beverage and pharmaceutical & healthcare sectors. The growing pharmaceutical & healthcare industry and rise in counterfeit products in the market are the major drivers of the Anti-Counterfeit Packaging Market.

Food & beverages segment is estimated to be the fastest-growing segment during the forecast period

The food & beverages segment is estimated to be the fastest-growing segment during the forecast period (2016-2026). The demand for anti-counterfeit packaging is experiencing high demand from the food & beverage industry, mainly because of the growing demand for packaged and branded products. Increase in demand for product differentiation and labeling for their authentication drives the market in the food & beverage packaging segment.

Track & trace technology of usage feature segment is estimated to have the largest share in 2015

The Anti-Counterfeit Packaging Market, on the basis of usage feature, is classified into track & trace technology, tamper evidence, overt feature, covert feature, and forensic markers. The track & trace technology segment accounted for the largest share in 2015 as they can locate the package at any point during the delivery process and add substantial value to the product.

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