Market Research Report
Authentication and Brand Protection - Global Market Outlook (2020-2028)
|Authentication and Brand Protection - Global Market Outlook (2020-2028)|
Published: April 1, 2021
Stratistics Market Research Consulting
Content info: 150+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Authentication and Brand Protection Market is accounted for $2.31 billion in 2020 and is expected to reach $5.07 billion by 2028 growing at a CAGR of 10.3% during the forecast period. Factors such as increasing urbanization, stringent anti-counterfeiting laws, and development of track & trace technologies are driving the growth of the market. However, requirement for high initial capital investment is hampering the growth of the market.
Authentication and brand protection strategies are implemented by companies through various solutions to facilitate legitimate manufacturers. With the growing digitalization comes the increasing scope for counterfeit, product forging and hence more brands are implementing these solutions.
Based on the end user, the pharmaceuticals segment is anticipated to expand at a rapid pace during the forecast period owing to the government regulations in various countries mandating the use of anti-counterfeit technologies in pharmaceutical products. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the economic growth and expansion of the manufacturing industry in the region.
Some of the key players profiled in the Authentication and Brand Protection Market include 3M, Centro Grafico dg S.p.A., Eastman Kodak Company, Avery Dennison Corporation, Authentic Vision, AlpVision SA, Giesecke Devrient GmbH, Nosco, De La Rue PLC, Applied DNA Sciences, Inc., Bluebite, Cils International, Arjo Solutions (Arjowiggins Security), Advanced Labels, and Systech.
Authentication Modes Covered:
End Users Covered:
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.