According to Stratistics MRC, the Global Anti-Counterfeit Pharmaceutical Packaging Market is accounted for $185.82 billion in 2024 and is expected to reach $423.14 billion by 2030 growing at a CAGR of 14.7% during the forecast period.
Anti-counterfeit pharmaceutical packaging is essential for maintaining patient safety and protecting the integrity of medications. This packaging uses cutting-edge technologies to authenticate products and stop counterfeiting, including holograms, RFID tags, QR codes, and tamper-evident seals. It makes it possible to track and trace pharmaceutical products easily throughout the supply chain, which helps manufacturers meet strict regulations and win over customers.
Due to the pharmaceutical industry’s explosive growth, rising healthcare spending, and growing concerns about fake medications in emerging economies, the Asia Pacific region is anticipated to have the highest CAGR in the anti-counterfeit pharmaceutical packaging market. Significant improvements are being made in healthcare infrastructure and regulatory frameworks in nations like China and India with the goal of preventing drug counterfeiting. Moreover, the adoption of anti-counterfeit packaging technologies is further fueled by the region’s growing middle class and the rising demand for safe and reasonably priced pharmaceutical products.
Some of the key players in Anti-Counterfeit Pharmaceutical Packaging market include 3M Company, Zebra Technologies Corporation, Ardagh Group S.A., Systech International, OpSec Security Inc., CCL Industries Inc., AlpVision SA, DuPont, Impinj, Inc., Nipro Corporation, Applied DNA Sciences Inc., Stevanato Group, TruTag Technologies, Inc., CFC International, Inc. and Savi Technology Inc.
Key Developments:
In August 2024, Systech Bhd has entered into a head of agreement (HOA) with MDT Innovations Sdn Bhd (MDT) and its founder, Liew Choon Lian (LCL), for the potential acquisition of either part or all of the equity interest or business undertakings of MDT and its group of companies.
In March 2024, Ardagh Glass Packaging-North America, an operating business of Ardagh Group, has partnered with Stevens Point Brewery to locally supply the brewery’s glass beer bottles. The partnership connects Stevens Point Brewery with AGP-North America’s Burlington, Wis., glass manufacturing facility, helping to keep the brewery’s promise to source local products and incorporate sustainable practices into its operations.
In March 2024, 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M – a high-strength, low-density hollow glass microsphere. The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.
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