How Anti-Counterfeiting Packaging Market Is Growing In 2020 And Other Key Insights

According to experts, the Anti Counterfeit Packaging market size is set to reach approximately USD 160 Billion in 2020 from USD 82.05 billion in 2015. It will grow at an estimated CAGR of 13.41%. These numbers are huge and it is high time you opt for secure packaging.

Packaging plays a pivotal role in any industry. And without solid Anti Counterfeit Packaging, firms can suffer irrevocable loss instantly as well as in the longer run. To make the point clear, let’s take the food industry for example.

Just imagine you are manufacturing an essential food product which is consumed by millions daily. But there are no robust packaging safety measures. Chances are your competitor or perhaps a new player may use unethical means to copy your product and start selling at a cheaper rate. Such cases are increasing at an alarming rate especially when the products are in transit or storage.

This is where Anti-Counterfeiting Packaging technology is highly important and as the experts suggest the market for the same is growing exponentially.

Trends in 2020

The awareness and popularity of the Anti-Counterfeit Packaging is increasing at a significant rate. Since the benefits are immense, more and more industries have started to invest in technologies. The market analysts have predicted that eventually, this will push the Anti Counterfeit Packaging market to reach new heights in 2020.

Automating Track and Trace & Transforming Supply Chain

Track and Trace technology and automation will see a major boost in the year 2020. Multiple reasons form the catalyst for the same. This includes:-

• Track and Trace technologies are used to track a product in the inventory.
• It helps a lot in real time count of products at the time of loading/unloading during shipping or transportation.
• It enables easy management while product moves from manufacturer to distributor to retailer.

This is destined to acquire a large market share in the year 2020.

RFID Technology is one of the key features of Anti Counterfeit Packaging. The major highlight of RFID technology is that it fulfills the dual need for security and tracking. The RFID e-seal from Sepio are tamper evident seals which cannot be used once broken or tampered. At the same time, it includes software for tracking seal and container details.

Therefore, manufacturers all over the world prefer RFID technology for Anti Counterfeit Packaging. Market experts believe in unison that RFID technology will have the largest share in 2020.

India and other key players

India along with China and Japan have the largest emerging market for Anti Counterfeit Packaging. With more focus on industrialization and stringent laws on secure packaging, Anti Counterfeit Packaging market will see growth in the Asia-Pacific region.

These are some of the key insights of Anti-Counterfeiting Packaging Market in 2020. With the growing importance of Anti-Counterfeiting Packaging, securing package is now a easy and a necessity.

If you are looking for Anti-Counterfeiting Packaging technologies, contact Sepio. It is one of the leaders in the Anti Counterfeit Packaging market in India. With highly innovative technologies and state of the art security products, your packaging will always be in good hands.

Get in touch with Sepio on [email protected]