Report ID: UCMIG15G2051
Report ID:
UCMIG15G2051 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The worldwide anti-counterfeiting packaging market, which reached a value of $138.77 billion in 2022, is anticipated to experience substantial growth. It is projected to rise from $148.82 billion in 2023 to a staggering $255.41 billion by 2030, with a compound annual growth rate (CAGR) of 8.02% over the forecast period. Anti-counterfeit packaging serves as an innovative solution designed to combat the production and distribution of counterfeit products, effectively thwarting various counterfeiting practices by rendering it extremely challenging to replicate authentic product packaging. The market's expansion is primarily driven by the increasing demand for counterfeit protection in several key sectors, including food and beverages, healthcare, pharmaceuticals, consumer electronics, luxury goods, among others.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15G2051