PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1566042
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1566042
India Anti-Counterfeit Packaging Market, By Technology; By Feature Type; By Application; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Anti-Counterfeit Packaging Market Zooming 2.7X to Touch Whopping Value of USD 30 Billion by 2030
India Anti-Counterfeit Packaging Market is flourishing due to heightened consumer awareness, stricter government regulations, the proliferation of advanced anti-counterfeit technologies like RFID, QR codes, and holographic labels, and burgeoning e-commerce sector.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Anti-Counterfeit Packaging Market size by value at USD 10.94 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Anti-Counterfeit Packaging Market size to expand at a CAGR of 11.7% reaching a value of USD 29.8 billion by 2030. Anti-Counterfeit Packaging Market in India is propelled by the escalating prevalence of counterfeit products across industries like consumer electronics and food & beverages has intensified the demand for robust anti-counterfeiting solutions. These technologies, employing unique markers to ensure product authenticity, are gaining traction in the expanding packaging industry. The surge in e-commerce and the growing emphasis on brand protection are creating lucrative opportunities for anti-counterfeit packaging providers. Stricter regulations and ongoing technological advancements further fuel the growth of India Anti-Counterfeit Packaging Market during the period in analysis.
Opportunity - Increasing Focus on Thwarting Pharmaceutical Counterfeiting
Pharmaceutical counterfeiting remains a critical issue in India's healthcare sector, with an estimated 10.5% of medicines in low and middle-income countries, including India, being either substandard or falsified, as reported by the WHO in 2017. India's role as a major producer of 20-22% of the world's generic drugs exacerbates this risk amidst rising globalization and healthcare costs. Despite various initiatives to combat counterfeiting, including regulatory measures and the deployment of advanced anti-counterfeiting technologies, the problem persists due to the rapid emergence of new counterfeit schemes. The Indian government has responded by implementing stringent regulations to improve product traceability across the entire supply chain. This includes the adoption of tamper-evident packaging, product authentication, and sophisticated track-and-trace technologies. By assigning Unique Identifiers (UIDs) to products, and using permanent, readable codes, these technologies enhance the ability to monitor and secure the pharmaceutical supply chain, thereby reducing medication errors, mitigating theft, and preventing product diversion. These measures are crucial for ensuring the integrity and reliability of pharmaceutical products in India.
Impact of Escalating Geopolitical Tensions on India Anti-Counterfeit Packaging Market
Geopolitical tensions could have a multifaceted impact on the India Anti-Counterfeit Packaging Market. Increased trade restrictions and tariffs can strain supply chains, leading to delays and higher costs for essential materials and technologies. These disruptions can destabilize markets and hinder the implementation of effective anti-counterfeit measures. Moreover, geopolitical shifts can impact the availability and affordability of advanced packaging solutions, potentially limiting market growth and innovations.
Pharmaceutical Application Leads India Anti-Counterfeit Packaging Market
The pharmaceuticals segment holds the leadership position in India Anti-Counterfeit Packaging Market by application, due to their paramount importance in consumer safety. With the alarming rise of counterfeit drugs posing serious health risks, the pharmaceutical industry has been at the forefront of adopting innovative packaging solutions. RFID tags, QR codes, and holographic labels are just a few examples of the advanced technologies being deployed to enhance product traceability and authenticity. These solutions create an unbroken chain of custody, ensuring that drugs are genuine from the manufacturing plant to the consumer's hands. Stringent regulatory frameworks and the imperative to protect public health have further fueled the demand for secure packaging solutions in the pharmaceuticals sector. As a result, pharmaceutical companies have taken the lead in implementing robust anti-counterfeit measures, underscoring their commitment to safeguarding consumer trust and product integrity.
Competitive Landscape
The India Anti-Counterfeit Packaging Market is fragmented, with numerous players serving the market. The key players dominating the India Anti-Counterfeit Packaging Market include Avery Dennison Corporation, CCL Industries Inc, 3M, Jupiter Laminators, SATO Holdings Corporation, Zebra Technologies, AAPL Solutions, Holostik, Any Graphics Private Limited, and SML Group. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Anti-Counterfeit Packaging Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Anti-Counterfeit Packaging Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Anti-Counterfeit Packaging Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising consumer awareness
- 3.2.1.2. Increasing government regulations
- 3.2.1.3. Advancements in anti-counterfeit technologies, such as RFID tags, QR codes, and holographic labels
- 3.2.1.4. Rapid growth of e-commerce
- 3.2.2. Restraints
- 3.2.2.1. High costs associated with anti-counterfeit packaging
- 3.2.2.2. Lack of standardization in anti-counterfeit technologies
- 3.2.2.3. Limited consumer understanding
- 3.2.3. Opportunities
- 3.2.3.1. Growing demand for luxury goods
- 3.2.3.2. Increasing focus on pharmaceutical counterfeiting
- 3.2.3.3. Potential for innovative packaging solutions
- 3.2.4. Challenges
- 3.2.4.1. Complex supply chains in India
- 3.2.4.2. Limited enforcement of anti-counterfeit regulations
- 3.2.4.3. Lack of consumer trust
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Anti-Counterfeit Packaging Market: Pricing Analysis
5. India Anti-Counterfeit Packaging Market: Marketing Strategies
6. India Anti-Counterfeit Packaging Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Technology
- 6.2.1.1. Mass Encoding
- 6.2.1.2. Barcodes
- 6.2.1.3. RFID (Radio-Frequency Identification)
- 6.2.1.4. Holograms
- 6.2.1.5. Taggants
- 6.2.1.6. Others
- 6.2.2. By Feature Type
- 6.2.2.1. Overt Features
- 6.2.2.2. Covert Features
- 6.2.3. By Application
- 6.2.3.1. Pharmaceutical
- 6.2.3.2. Food & Beverages
- 6.2.3.3. Apparel & Footwear
- 6.2.3.4. Automotive
- 6.2.3.5. Personal Care
- 6.2.3.6. Electrical & Electronics
- 6.2.3.7. Luxury Goods
- 6.2.4. By Region
- 6.2.4.1. North India
- 6.2.4.2. South India
- 6.2.4.3. East India
- 6.2.4.4. West India
- 6.2.1. By Technology
7. North India Anti-Counterfeit Packaging Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Feature Type
- 7.2.3. By Application
8. South India Anti-Counterfeit Packaging Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Feature Type
- 8.2.3. By Application
9. East India Anti-Counterfeit Packaging Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Technology
- 9.2.2. By Feature Type
- 9.2.3. By Application
10. West India Anti-Counterfeit Packaging Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Feature Type
- 10.2.3. By Application
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Anti-Counterfeit Packaging Company Market Share Analysis, 2023
- 11.3. Competitive Benchmarking, By Operation Channel Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Escalating Geopolitical Tensions on India Anti-Counterfeit Packaging Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 13.1. Avery Dennison Corporation
- 13.2. CCL Industries Inc
- 13.3. 3M
- 13.4. Jupiter Laminators
- 13.5. SATO Holdings Corporation
- 13.6. Zebra Technologies
- 13.7. AAPL Solutions
- 13.8. Holostik
- 13.9. Any Graphics Private Limited.
- 13.10. SML Group
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Anti-Counterfeit Packaging Market Segmentation
- Figure 2 India Anti-Counterfeit Packaging Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Figure 6 India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Figure 7 India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 8 India Anti-Counterfeit Packaging Market Share, By Region, By Value (USD Billion) 2019-2030
- Figure 9 North India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Figure 11 North India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Figure 12 North India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 13 South India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 14 South India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Figure 15 South India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Figure 16 South India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 17 East India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 18 East India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Figure 19 East India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Figure 20 East India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Figure 21 West India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 22 West India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Figure 23 West India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Figure 24 West India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
List of Tables
- Table 1 India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Table 3 India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Table 4 India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 5 India Anti-Counterfeit Packaging Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 6 North India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Table 8 North India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Table 9 North India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 10 South India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 11 South India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Table 12 South India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Table 13 South India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 14 East India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 15 East India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Table 16 East India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Table 17 East India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 18 West India Anti-Counterfeit Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 19 West India Anti-Counterfeit Packaging Market Share, By Technology, By Value (USD Billion) 2019-2030
- Table 20 West India Anti-Counterfeit Packaging Market Share, By Feature Type, By Value (USD Billion) 2019-2030
- Table 21 West India Anti-Counterfeit Packaging Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 22 Avery Dennison Corporation Company Overview
- Table 23 Avery Dennison Corporation Financial Overview
- Table 24 CCL Industries Inc Company Overview
- Table 25 CCL Industries Inc Financial Overview
- Table 26 3M Company Overview
- Table 27 3M Financial Overview
- Table 28 Jupiter Laminators Company Overview
- Table 29 Jupiter Laminators Financial Overview
- Table 30 SATO Holdings Corporation Company Overview
- Table 31 SATO Holdings Corporation Financial Overview
- Table 32 Zebra Technologies Company Overview
- Table 33 Zebra Technologies Financial Overview
- Table 34 AAPL Solutions Company Overview
- Table 35 AAPL Solutions Financial Overview
- Table 36 Holostik Company Overview
- Table 37 Holostik Financial Overview
- Table 38 Any Graphics Private Limited. Company Overview
- Table 39 Any Graphics Private Limited. Financial Overview
- Table 40 SML Group Company Overview
- Table 41 SML Group Financial Overview
