Anti-counterfeit pharmaceutical packaging is an approach of preventing false presentation of pharmaceutical drugs in terms of label and its identity. Anti-counterfeit pharmaceutical packaging helps in maintaining the identity of the original product throughout the supply chain process. Anti-counterfeit packaging assures that the packaging code applied by original manufacturer is not changed and the pharmaceutical product is not counterfeiting.
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.
Market Dynamics
The anti-counterfeit pharmaceutical packaging market is expected to experience significant growth over the forecast period, owing to the increasing concerns of the pharmaceutical companies regarding their brand reputation. The counterfeit products also have higher chances of adversely impacting the health of the consumers and therefore, the companies are focusing to ensure that their real products are distinguished from the fake products existing within the market. With this reason, the pharma companies are focusing on adoption of anti-counterfeit pharmaceutical packaging, thereby driving the growth of the market. However, the growth of the market is expected to be restrained by the high cost of the anti-counterfeiting packaging technology.
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Detailed Segmentation:
Global Anti-counterfeit pharmaceutical packaging market, By Usage Feature:
Covert Features
Overt Features
Forensic Markers
Tamper Evidence
Global Anti-counterfeit pharmaceutical packaging market, By Technology:
RFID
Active Tags
Passive Tags
Semi Active Tags
Security Inks & Coatings
Security Printing & Graphics
Major Keyplayers: 3M Track and Trace Solutions, Avery Dennison Corporation, Alien Technology, Authentix, Inc., CFC International, Inc., Digimarc Corporation, Impinj, Inc., Sicpa Holding, ATL Security Label Systems, and Applied DNA Sciences
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