|
Construction Industry News Releases
|
Home | Submit Press Release | Advertise | Submit Website
(Construction.IndustryNews247.Com, June 14, 2016 ) The report "Anti-Counterfeit Packaging Market by Technology (RFID, Coding & Printing, Holograms, Security Labels), Usage Feature (Track & Trace, Tamper Evidence, Overt & Covert Features), End-Use (Food & Beverages, Pharmaceuticals, Automotive) - Global Forecasts to 2020", The anti-counterfeit packaging market size is projected to grow from USD 82.05 Billion in 2015 to reach USD 153.95 Billion by 2020, at an estimated CAGR of 13.41%. The anti-counterfeit packaging market is projected to witness significant growth in the future with the increasing popularity of the benefits of authentication technologies and the need for track & trace technologies, which are embedded in packaging. Developing markets such as China, Brazil, and India are emerging as growth frontiers for anti-counterfeit packaging. Growing economies, globalization, and reduced trade barriers act as the main drivers for increased opportunities in these nations.
Browse 184 market data Tables and 44 Figures spread through 207 Pages and in-depth TOC on "Anti-Counterfeit Packaging Market - Global Forecasts to 2020"
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=129
Early buyers will receive 10% customization on this report.
Track & trace usage feature to gain maximum traction during the forecast period
Track & trace technologies are not only used in the packaging industry, but are adopted during the manufacturing process of the product. Logistics & transportation companies also benefit by using track & trace technologies as they can locate the package at any point during the delivery process. Track & trace technologies such as RFIDs and barcodes help in identifying the product as well as help in tracing the product across the supply chain. This segment is projected to grow at the highest CAGR during the forecast period, and acquire the largest market share.
Coding & printing projected to dominated the anti-counterfeit packaging market, by 2020
Coding & printing technologies are the most conventional and prominent technologies used in the anti-counterfeit packing market. This segment dominated the anti-counterfeit packaging market in 2014, and is also projected to hold the largest market share by 2020. However, on a global level manufacturers are demonstrating an increased preference for the use of RFID technology due to the dual benefit it offers of tracking and identifying the product throughout the supply chain, which is why the RFID segment is projected to grow at the highest CAGR during the forecast period.
Request for a Sample Copy: http://www.marketsandmarkets.com/requestsample.asp?id=129
Asia-Pacific to play a key role in the anti-counterfeit packaging market
Factors such as the increasing urbanized population in China and India along with the growth in disposable income and the spreading awareness regarding the importance of use of anti-counterfeit packaging in these countries are driving the growth of the Asia-Pacific anti-counterfeit packaging market. Rapid industrialization and imposition of strict laws pertaining to secure packaging are also major factors contributing to the growth of the anti-counterfeit packaging market.
The scope of the report covers detailed information regarding the major factors influencing the growth of the anti-counterfeit packaging market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the anti-counterfeit packaging market.
About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com
|
|
|
Construction News by Sector
|
|
|
Industrial News TV
|