Counterfeits are unauthorized reproductions that are identical to genuine products. They are a duplicate of the trademarked brand. Consumer goods including clothing, jewelry, cigarettes, and electronic equipment are easily counterfeited and sold in the market. Counterfeiting leads to reduced profitability and loss in brand value for the company. To avoid counterfeit products, secure packaging is a necessity. Anti-counterfeiting packaging is the process of assigning secure packaging to the product for minimizing counterfeiting and infringement.
Technavio’s analysts forecast the global anti-counterfeit packaging in consumer goods market to grow at a CAGR of 17.63% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global anti-counterfeit packaging in consumer goods market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Technavio's report, Global Anti-Counterfeit Packaging in Consumer Goods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.