Global anti-counterfeit packaging market 2016-2020
In a new report Technavio's analysts forecast the global anti-counterfeit packaging market to grow steadily at a CAGR of more than 15% between 2016 and 2020. One of the major factors driving the growth is the prevention of counterfeit products. For instance, in the pharmaceutical industry prevention of counterfeit products plays an important role.
The rise in the demand for traceability systems is another trending factor stimulating the growth of the anti-counterfeit packaging market. Because of the complexities involved during the manufacturing distribution process of any product, companies consider traceability systems as the best tool to solve all counterfeit-related challenges.
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