Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The global Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers. Anti-Counterfeit Pharmaceuticals and Cosmetics Packaging Market size will witness a substantial growth due to increasing awareness among consumers and manufacturers towards the side effects of fake goods. Growth in international free trade and inadequate drug regulation has led to an expansion of counterfeit drugs globally. Technologies including track and trace have been launched to avoid imitation of the products.
This technology has emerged as one of the best ways to prevent forged good manufacturing in the cosmetics segment. Emerging technologies that includes authentication, RFID and serialization has encouraged the anti-counterfeit pharmaceuticals and cosmetics packaging market. Imitation can be done in the product, container, labelling or packing. It can apply both on generic as well as branded products. The government regulation against forged goods is driving the demand for anticounterfeit pharmaceuticals and cosmetics packaging market. Stringent government regulations regarding usage of barcodes and advance packing by manufacturers is projected to fuel industry demand. The supply chain of anti-counterfeit pharmaceuticals and cosmetics packaging market begins from medicine and cosmetic product manufacturers. The security of the products can be strengthened by innovative packing and removal of intermediaries. The anti-counterfeit measures include methods, techniques and devices that aid to the protection of product while moving it from factories to the final customer. The challenges that the anti-counterfeit pharmaceuticals and cosmetics packaging market is facing includes poor regulation, higher number of intermediaries and lack of awareness. High cost of the technology, and impact on the products supply chain are some the factors that is restraining the growth of the technology. The changing 1|Page