ANTI-COUNTERFEIT PHARMACEUTICAL PACKAGING MARKET ANALYSIS

Anti-counterfeit Pharmaceutical Packaging Market Report, by Usage Feature (Covert Features, Overt Features, Forensic Markers, Tamper Evidence, Track & Trace Technologies (Serialization, Identification System)), By Technology (RFID (Active Tags, Passive Tags, Semi Active Tags), Security Inks & Coatings, Security Printing & Graphics, Hologram, Mass Encoding (Barcode Application, Digital Mass Serialization, Digital Mass Encryption), Others (Electromagnetic, surveillance technologies)) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Dec 2019
Code : CMI865
Pages :120
Formats :
Excel and PDF
Industry : Packaging

Anti-counterfeit Pharmaceutical Packaging MarketSize and Trends

Statistics:

The global Anti-counterfeit pharmaceutical packaging market accounts for 2450.4 Million Units in terms of volume in 2018 and is estimated to grow with a CAGR of 12.7% during 2019 to 2027.

Statistics:

North America region dominated the global anti-counterfeit pharmaceutical packaging market in 2014, accounting for 33.8% share in terms of volume, followed by Europe and Asia Pacific, respectively.

Figure 1. Global Anti-Counterfeit Pharmaceutical Packaging Market Share, By Region, 2018

Market Trends/Key Takeaways

The market is expected to gain traction over the forecast period owing to the increase in implementation of electronic track and trace system over the supply chain. The pharmaceuticals are being tracked from the supply of the drug from manufacturer to end-user, which verifies the authenticity of the drug at every stage of the supply chain.

Growing implementation of covert & overt features that offer authenticated packaging by using advanced technology such as visual representation and other sophisticated devices which is difficult to copy without a particular detection device. This technology offers a high level of safety and security to the product such as security at tear tape and design tape. Therefore, the growing adoption of such covert & overt technology is expected to offer new growth opportunities to the market.