CHICAGO , Aug. 21, 2024 /PRNewswire/ -- The report " Anti-Counterfeit Packaging Market by Technology (Mass Encoding, RFID, Hologram, Tamper Evidence, Forensic Markers), End-use Industry (Food & Beverage, Pharmaceutical, Personal Care, Apparel & Footwear, Luxury Goods), & Region - Global Forecast to 2029", size for anti-counterfeit packaging reached USD 179.4 billion in 2024 and is projected to reach USD 326.
3 billion by 2029, with a CAGR of 12.7% during the forecast period. The need for anti-counterfeit packaging has significantly increased in response to the rise in counterfeit products, posing significant risks to consumers.
Anti-counterfeit packaging utilizes a range of advanced technologies to combat counterfeiting and tampering, ensuring product safety and safeguarding consumers against fraudulent items. It plays a crucial role in building trust and loyalty among customers. Its application spans various industries, including pharmaceuticals, food & beverage, electronics, automotive, cosmetics, apparel, and luxury goods.
These industries leverage diverse anticounterfeit packaging technologies such as holograms, QR codes, RFID tags, tamper-evident seals, and blockchain-based tracking to protect their products and ensure consumer safety..
