U.S. Anti-Counterfeit Packaging Market, Industry Insights by Technology and Application - Analysis and Forecast 2024

Posted August 31, 2019 by vynzresearch

The U.S. anti-counterfeit packaging market is predicted to grow at 9.9% CAGR during the forecast period with the market size reaching USD 12.7 billion by 2024.

The U.S. anti-counterfeit packaging market is driven by the factors such as are remote authentication of products, robust development in the demand from the food & beverage and pharmaceutical & healthcare sectors, technological advancement, and surge in the emphasis of manufacturers on brand protection.

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The rule and guidelines compulsory by the government, mounting economic damage caused to the organization along with consumer health risks, escalating manufacturing activity, technological advancement, and need to maintain an efficient supply chain are further fueling the growth of the U.S. anti-counterfeit packaging market.

The U.S. anti-counterfeit packaging market is primarily driven by escalating concerns amongst the customers for hazardous effects concerning the consumption of counterfeit products. Moreover, the mounting impetus for the counterfeit pharmaceutical products along with the enormous threat for health owing to the acceptance of unauthentic pharmaceutical products is expected to emphasize the growth of the U.S. anti-counterfeit packaging market.

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The track and trace segment is further subdivided into radio-frequency identification (RFID), machine-readable data, and others. The radio-frequency identification (RFID) segment accounted for the largest share the market, owing to due to tracking features and widespread product security.

Key players in the US anti-counterfeit packaging industry are investing in the development of advanced, which is strengthening their position in the market. E.I. du Pont de Nemours and Company, Avery Dennison Corporation, Flint Group, Atlantic Zeiser GmbH, CCL Industries Inc., Inksure Technologies Inc., Amcor Limited, AlpVision SA, TraceLink Inc., Zebra Technologies Corporation, Authentix Inc., Applied DNA Sciences Inc., and Sicpa Holding SA are some of the key players offering anti-counterfeit packaging in U.S.

Source: VynZ Research
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Last Updated August 31, 2019