World Anti-Counterfeit Electronics and Automobiles Packaging Market to Grow by 15.7% CAGR over Five Years - Opportunities & Forecasts Report 2015-2020
Summary
This recent report titled "Global Anti-Counterfeit Pharmaceutical and Cosmetics Packaging Market - Industry Analysis, Size, Growth, Trends, Opportunities, and Forecast, 2014-2020" forecasts the anti-counterfeit pharmaceutical and cosmetics packaging market to grow at a CAGR of 15.7% during 2015-2020. The hologram authentication technology segment accounted for about 52% share in 2014 and would continue to lead the market through 2020, mainly due to varied products and economic pricing. Life threatening consequences due to counterfeit pharmaceutical and cosmetics products have increased the risk of losing brand equity and revenue by the manufacturers, which in turn, fuels the demand for anti-counterfeit technologies. Inks & dyes and holograms were the leading technology segments, collectively accounting for around three-fourths of the market in 2014. The Asia-Pacific anti-counterfeit packaging (electronics and automobiles) market is set to grow at a promising CAGR of 11.1% from 2015 to 2020, due to rising awareness about anti-counterfeit technologies penetrating regional-markets.