Anti-Counterfeit Pharmaceutical Packaging Market

Anti-Counterfeit Pharmaceutical Packaging Market Overview

The report is titled as ‘Anti-Counterfeit Pharmaceutical Packaging Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the anti-counterfeit pharmaceutical packaging market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Anti-counterfeit pharmaceutical packaging market is expected to grow with significant rate in the near future.

In 2020, global anti-counterfeit pharmaceutical packaging market was valued at US$ XXX Mn and expected to grow significantly at a CAGR of XXX % over the forecast period

Anti-Counterfeit Pharmaceutical Packaging Introduction

Packaging holds a vital role in the manufacturing process of commodities as it acts as a link binding production with marketing through which the goods reach from the manufacturing center to the end-consumers in a safe and well condition with a minimal entire cost. Packaging can also be comprehended as the unified system which can encircle or safeguard the products for distribution, preservation, storage, information, transportation, and sales.

At the same time, counterfeit is a matter of product security. Products deflected from their appropriate distribution channel, or marketed after their expiry date, or by alteration of the package are related to the issue of counterfeiting. To put it in simpler terms, counterfeits can be understood as unlicensed or illegal imitations of a trademarked brand, which are intently identical or similar to true articles. The aftermath of these illicit practices is fairly serious in terms of health issues, revenue-loss, and irrevocable reparations to brands. In this course of events, the anti-counterfeiting packaging solutions have turned out to be the ‘go-to solution’ for forestalling economic indemnifications, online frauds, health risks, and a raft of other illegal practices.

The various kinds of anti-counterfeit packaging, all across the world, both covert and overt, are successfully prohibiting the counterfeiting of susceptible products. Directly and indirectly, they are rescuing the lives and economic well-being of consumers. The anti-counterfeit packaging solutions includes 2-D barcodes, holograms, radio frequency identification (RIF), forensic techniques, visible or overt properties, hidden or covert markers, and serialization as well as track and trace solutions which are triumphantly safeguarding consumers from counterfeit products.

The growing implementation of policy and regulations for anti-counterfeiting packaging in order to prevent the meddling or the counterfeiting of packaged original and branded drugs is primarily projected to drive the growth of the global anti-counterfeit pharmaceutical packaging market in the following years.

Anti-Counterfeit Pharmaceutical Packaging Market Segmentation

The global anti-counterfeit pharmaceutical packaging market is segmented on the basis of packaging format, printing technology, adhesion, end-application, and region.

By Packaging Format

Bottles & Jars

Vials & Ampoules

Blisters

Trays

Pouches & Sachets

Others

By Printing Technology

QR Code

RFID

Security Inks & Coatings

Security Seals

Holograms

Mass Encryption

Barcode

Mass Serialization

By Adhesion

Permanent

Removable

Repositionable

By End-Application

Pharma & Biological

Medical & Supplies

Gloves

Scissors

Syringes & Needles

Surgical Tapes

Others

Medical Equipment

Surgical

Therapeutic

Diagnostic

By Region

               North America

               Latin America

               Europe

               Asia Pacific

               Middle East

               Africa

Anti-Counterfeit Pharmaceutical Packaging Market Key Players

Some of the key participating players in global Anti-Counterfeit Pharmaceutical Packaging market are:

BAYER AG

ATL Security Label Systems

CCL Industries

SICPA Holdings

Schott AG

Klockner Pentaplast Group

Nipro Corporation

Authentix Inc.

TruTag Technologies, Inc.

Alpvision SA

OpSec Security Inc.

3M

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Anti-Counterfeit Pharmaceutical Packaging

Advantages of Anti-Counterfeit Pharmaceutical Packaging

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.

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