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The global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.<br>Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market size will witness a substantial growth due to increasing awareness among consumers and manufacturers towards the side effects of fake goods. Growth in international free trade and inadequate drug regulation has led to an expansion of counterfeit drugs globally. Technologies including track and trace have been launched to avoid imitation of the products.<br>
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Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market: • Asia Pacific, led by India, China and Japan will witness descent growth in anti-counterfeit pharmaceuticals and cosmetics packaging market. • According to the notice issued by directorate general of foreign trade, all the exported goods in India will be tracked and traced using barcodes. This will help in identification of forged material in the slot. • MEA is the fastest growing economy for anti-counterfeit pharmaceuticals and cosmetics packaging market in beauty and personal care products. • North America, led by the U.S. will witness subsequent growth in the anti-counterfeit pharmaceuticals and cosmetics packaging market. • Increase in the pharmaceutical industry will drive the demand for the technology as the region alone holds over 40% of the market worldwide.
Application Analysis of Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market: • Growth in international free trade and inadequate drug regulation has led to an expansion of counterfeit drugs globally. • This technology has emerged as one of the best ways to prevent forged good manufacturing in the cosmetics segment. • Emerging technologies that includes authentication, RFID and serialization has encouraged the anti-counterfeit pharmaceuticals and cosmetics packaging market. • Stringent government regulations regarding usage of barcodes and advance packing by manufacturers is projected to fuel industry demand. • The challenges that the anti-counterfeit pharmaceuticals and cosmetics packaging market is facing includes poor regulation, higher number of intermediaries and lack of awareness.
Competitive Market Share of Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market: • Key players in the anti-counterfeit pharmaceuticals and cosmetics packaging market includes Alien Technology, AlpVision, Flint Group, Pharma Secure, Sicapa, Authentix, Zebra Technology, Inksure, Impinj, Bayer and Avery Dennison. In July 2016, AlpVision signed a distribution contract for its cryptoglyph technology with a Japanese IT firm, ISID. • The agreement is for packing of goods. In the partnership, the companies not only hope to respond to the increasing number of forged products, but even for fake medicine, particularly those sold on the websites that are operated by foreign drug vendors located in Singapore and Hong Kong. The companies are even planning to expand their share and brand image in other countries of the world.
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