LONDON--(BUSINESS WIRE)--The global anti-counterfeiting packaging market is expected to post a CAGR of close to 15% during the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the booming e-commerce industry. By 2022, the penetration rate of e-commerce across developed markets such as the US is expected to surpass 70%. The overall retail e-commerce market is anticipated to reach more than USD 3.5 trillion by 2020. The global penetration of e-commerce will be more than 35% in 2018.
This market research report on the global anti-counterfeiting packaging market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
In this report, Technavio highlights the advent of smart and intelligent packaging as one of the key emerging trends in the global anti-counterfeiting packaging market:
Global anti-counterfeiting packaging market: Advent of smart and intelligent packaging
A system that monitors a few aspects of the products and reports the information back to the consumer is referred to as smart and intelligent packaging. The main purpose of this packaging technique is to enhance the quality of products or eliminate tampering. Apart from directly measuring the quality of the product present inside, this packaging can also report the condition on the outside of the encasing.
“The smart and intelligent packaging can be used to extend shelf life, provide alerts on possible problems, and furnish information on the authenticity of the product. This packing is still in its nascent stage of a product lifecycle. However, it has a dynamic potential to grow with the developments in microsensors, printed electronics, authentication platforms, and IoT,” says a senior analyst at Technavio for research on packaging.
Global anti-counterfeiting packaging market: Segmentation analysis
This market research report segments the global anti-counterfeiting packaging market by technology (authentication and traceability), by application (consumer goods and healthcare products), and geography (APAC, EMEA, and the Americas).
The authentication segment held the largest market share in 2017, accounting for nearly 61% of the market. This technology segment is expected to dominate the market throughout the forecast period.
The Americas led the market in 2017 with approximately 44% of the market share, followed by EMEA and APAC respectively. The Americas is anticipated to dominate the market throughout the period 2018-2022.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market sizing
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.