Report Ocean presents a comprehensive research report on Anti-Counterfeit Packaging (Security Document and Event Ticketing), analyzing markets in 150+ countries. With access to 1,00000+ annual reports, subject matter experts ensure accuracy. Methods like S.W.O.T., P.E.S.T.E.L., and regression analysis forecast growth. The report covers regulations, research tech, innovation, and future trends in Anti-Counterfeit Packaging (Security Document and Event Ticketing).
The global anti-counterfeit packaging market size was US$ 39.8 billion in 2021. The global anti-counterfeit packaging market is expected to grow to US$ 91.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 8.9% during the study period from 2022 to 2030.
Anti-counterfeit packaging is the technique of protecting and authenticating goods to reduce malpractices related to infringement or counterfeiting. Companies adopt anti-counterfeit measures to reduce the losses brought on by the practice and to preserve the value of their brand.
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Factors Influencing the Market
The market for security document and event ticket anti-counterfeit packaging is expanding gradually due to the growing range of digital frauds. Digitalization is growing at a fast pace across all verticals, opening doors of opportunities for fraudsters. To reduce counterfeiting of security documents and online tickets, two main categories of anti-counterfeit technology used are covert and overt. Technologies that are frequently used to reduce the danger of counterfeiting in security papers and event tickets include holograms, inks and dyes, radio frequency identification (RIF), visible or overt characteristics, hidden or covert markers, and track and trace solutions. One important reason that is projected to present new growth prospects over the projection period is the huge increase in the risk of purchasing goods and event tickets.
Additionally, the fact that popular show organizers are implementing and using digital tickets in order to enable seamless entry to the show and reduce the risk of fraud is projected to contribute to market growth. On the flip side, cheap holograms used to overpower the anti-counterfeiting of essential documents may limit the growth of the market during the analysis period.
Regional Analysis
The anti-counterfeit packaging market for security papers and event ticketing is expected to expand at the greatest CAGR in LAMEA during the study period. LAMEA is home to the world’s least developed nations. In Africa, counterfeiting is a significant issue because there is a shortage of reliable verification equipment. Cross-border counterfeiting is a significant problem in African nations. Products specified under the Counterfeit Goods Act 87 of 1997 are legally protected in South Africa by anti-counterfeiting laws. Thus, such laws offer opportunities for the anti-counterfeit packaging market to expand in the coming years.
COVID-19 Impact Analysis
The COVID-19 pandemic boosted digitalization across all industrial verticals. In order to control the situation, investments in the healthcare sector increased substantially. However, it substantially declined the demand for anti-counterfeit packaging solutions, like holograms, 2-D barcodes, forensic techniques, radio frequency identification (RIF), etc., as most of the events were cancelled or postponed. Apart from that, other factors like a temporary slowdown in R&D activities and reduced export/import orders negatively affected the global anti-counterfeit packaging market.
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Competitors in the Market
SICPA HOLDING SA
Prooftag
Giesecke+Devrient GmbH
Graphic Security Systems Corporation
AlpVision
Authentix
CCL Design
Zebra Technologies Corp.
NanoMatriX International Limited
Shanghai Quanray Electronics Co. Ltd.
Other Prominent Players
Market Segmentation
The global anti-counterfeit packaging market segmentation focuses on Technology, End User, and Region.
By Technology
Trace and Track
Tamper-evident
Covert
Overt
Forensic Markers
By End User
Food and Beverage
Healthcare and Pharmaceuticals
Industrial and Automotive
Consumer Electronics
Other End Users
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
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Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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