Anti-Counterfeit Packaging Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global anti-counterfeit packaging market to grow at a CAGR of 18.58 % during the period 2017-2021 .
The following companies as the key players in the global anti-counterfeit packaging market : Alien Technology , AlpVision , Avery Dennison , SICPA , and Zebra Technologies .
Other Prominent Vendors in the market are : Advanced Track & Trace , Advanced Traceability Solutions , Aesica Pharmaceuticals , Angstrom Technologies , Applied DNA Sciences , ATL Security Label Systems , Atlantic Zeiser , Authentix , CFC International , Colorcon , Covectra , Digimarc , EM Microelectronic , Essentra , Everest Holovisions , Flint Group , Honeywell , Impinj , Ingenia Technology , Interfarma , Intermec , International Ink , Clarivate Analytics , MicroTag Temed , Morpho , NanoGuardian , NovaVision , OpSec Security , Prooftag , ScanSource , Schreiner ProSecure , SCT International , SMARTRAC , Sun Chemical , Systech , TAGSYS , Thermo Fisher Scientific , TraceLink , TruTag Technologies , UPM Raflatac , Verance , Verayo , WISeKey , and YottaMark
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Commenting on the report , an analyst from team said : One trend in market is development of 3D barcodes . Some of the recent anti-counterfeit technologies have not been efficient in reducing the sale of counterfeit products . Vendors are focusing on advanced technologies in order to protect products from getting counterfeited . Barcodes were initially 1D and then QR codes , which are 2D , were developed . Now 3D barcodes have been developed , which can be inserted into products at the manufacturing stage . As they are not visible to naked eye , they are difficult to counterfeit . These 3D barcodes can be used in the food , electronics , healthcare , and automobile industries . In September 2015 , Sofmat , a UK-based company developing anti-counterfeit packaging , announced the development of the first 3D barcode , which was developed in collaboration with researchers from Bradford University . Sofmat is contacting pharmaceutical companies for commercializing the technology . The 3D barcode developed by Sofmat is limited to products which are made using injected molding process that uses molded plastics and composites . However , other companies are likely to focus on developing similar 3D barcodes and increasing the application of these 3D barcodes to other packaging materials , not just molded plastics and composites .
According to the report , one driver in market is prevention of counterfeit products . Counterfeit packaging has become a major issue for most businesses globally . It not only results in losses for the company but also destroys the brand image of the products . For instance , in the pharmaceutical industry , basic pharmaceutical producers take stringent measures to prevent medicines from being counterfeited . Under