The global demand for Anti-Counterfeit Wrap Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
An anti-counterfeit wrap is a packaging solution used to prevent counterfeiting of sensitive and vulnerable end-user products. Using an anti-counterfeit wrap makes it easier to detect fakes and increase traceability across the supply chain, and hence harder to counterfeit or tamper products. The various wraps techniques are incorporated for use across multiple industries as security labels, bottle labels, hologram shrink wrap and barcodes on boxes, etc. These wraps have built-in overt or covert markers, serial numbers, barcodes, holograms, watermarks, micro texts & radiofrequency identification to track and trace wrapped products that enhance product security and brand identification and product authentication.
The urgent need to handle the large-scale prevalence of counterfeit products in various industries like pharmaceutical, apparel and footwear, food and beverage, and cosmetics will be the key ingredients pushing this market growth forward. The increasing growth of e-commerce has led to increased online sales of products and the prevalence of counterfeit goods. Therefore, the buyers prefer to improve their security via anti-counterfeit wraps to protect the buyers' economy and brand value. The growing demand for transparency and traceability of the products among global consumers will be a market booster. The most significant constraints faced by this market will be the increase in manufacturing costs since the implementation of serialization, trace, and track systems will require a restructuring of the infrastructure.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of anti-counterfeit wrap.
The entire anti-counterfeit wrap market has been sub-categorized into technology and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End-Use Industry
- Mass Encoding
- Forensic Markers
- Tamper Evident Technology
- Food & Beverage
- Apparel & Footwear
- Cosmetics & Personal Care
- Electrical & Electronics
- Luxury Goods
This section covers regional segmentation which accentuates on current and future demand for anti-counterfeit wrap market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Anti-Counterfeit Wrap Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the anti-counterfeit wrap market include Avery Dennison Corporation, CCL Industries Inc., 3M Company, Sato Holdings, Dupont, Zebra Technologies Corporation, Intelligent Label Solutions, SML Group, Sicpa Holding S.A., Systech International, Applied DNA Sciences Inc., Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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