Global Anti-counterfeit Automobile Packaging Market

By Author: kalpesh rajput
Total Articles: 425
Comment this article

Global Anti-Counterfeit Automobile Packaging Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2020 at a CAGR of 20.5 % during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Anti-Counterfeit Automobile Packaging Definition:

Anti-counterfeiting automobile packaging is a collection of the various authentication management tools, to keep at least one step ahead of perpetrators, which includes techniques like the use of Bar Codes, Holograms, Taggants, Digital Watermarks, or Digital Signatures.
Global Anti Counterfeit Automobile Packaging Market Dynamics:

Creators of original products spend huge money and effort to build a market for their products, by ...
... addressing years of customer satisfaction and thereby building its goodwill and a brand. Not only huge funds, but advanced product research, and market research, proper positioning of the product in the market is highly essential for effective brand building. This is applicable right from ordinary consumable products to high-value lifesaving medicines for, which Anti Counterfeit Automobile Packaging is important. Each vehicle sold includes thousands of parts and components, several of which may be essential to life and should not be duplicated. As a result, automakers need to ensure that counterfeit, unauthorized, and low-quality materials and parts do not find their way within the legitimate supply chain, whether it's the vehicle manufacturing or after-sales maintenance and parts procurement.

The increasing problem of counterfeit parts of vehicles constitutes numerous large financial losses to the automotive industry. It is expected that over 60% of all duplicated automotive parts are brought from China. The total loss to the automotive industry is estimated at over $55 billion per year, which is expected to increase the demand for Anti-Counterfeit Automobile Packaging. Presently, the auto parts aftersales market is overflowing with counterfeit parts entering the market at multiple points of distribution. Vehicle servicing and parts by companies, which are not authorized by the original manufacturer are considered not in the vehicle warranty and if any performance failure happens by such parts, it may still be attributed to the automaker, unless clear evidence is found. All these factors are acting as the drivers for the growth of the Global Anti-Counterfeit Automobile Packaging Market.

The advancement in technologies enable counterfeiters to be increasingly capable at duplicating parts and packaging. The traditional dynamic of fast-moving maintenance commodities such as filters and spark plugs have expanded to just about any functional part, including major safety parts such as airbags and sophisticated diagnostic equipment. It means that auto companies have been able to use parts that can be interchanged amongst more models, it has also made the unit sales of one well-counterfeited part to be highly attractive. Plus, new 3D AutoCAD software, rapid prototyping, and ease to market allowed by such technologies result in a rapidly growing risk, which is expected to hamper the growth of the Global Anti-Counterfeit Automobile Packaging Market.
Global Anti Counterfeit Automobile Packaging Market Segment Analysis:

The report groups the Global Anti Counterfeit Automobile Packaging Market in different segments By Technology and Region to forecast the revenues and analyze the market share of each segment over the forecast period.

Global Anti Counterfeit Automobile Packaging MarketTo know about the Research Methodology :- Request Free Sample Report

Based on Technology, the Global Anti Counterfeit Automobile Packaging Market is segmented into Authentication Technologies and Track and trace packaging technologies. The Track and trace packaging technologies segment, which includes RFID and barcodes was dominant in 2019 and is expected to command a market share of xx% by 2026. RFID is a technology called enabling technology, providing manufacturers with an array of opportunities for a return on their investment (ROI). Compared to bar codes, which is an easily duplicated, write-once technology, requiring a direct line-of-sight to be read, RFID offers a wireless, re-writable memory with open and securable read and writes data banks. Also, with serving as a vehicle to help with Authentication, Brand Equity, Channel Diversion, Consumer Safety, Liability, and Return Fraud issues, manufacturers can also capitalize on increased production and supply chain efficiencies with the use of RFID.
Global Anti Counterfeit Automobile Packaging Market Regional Insights:

Global Anti Counterfeit Automobile Packaging Market Regional InsightsNorth America is expected to command the largest market share of xx% by 2026

The U. S. Chamber of Commerce estimates that counterfeiting costs U.S. businesses $150 billion to $200 billion annually, and counterfeit merchandise is directly responsible for the loss of more than 650,000 American jobs. The FAA estimates 4, 20,000 counterfeit parts are installed on airlines each year. Counterfeit automotive brake linings are made of sawdust and cardboard irresponsibly posing serious safety implications. The United States has more emphasis on urban security due to factors such as crime rate, internal stability, police and judicial status, and geopolitical security, which is expected to boost the growth of the Global Anti Counterfeit Automobile Packaging Market in the region.

The objective of the report is to present a comprehensive analysis of the Global Anti Counterfeit Automobile Packaging Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Anti Counterfeit Automobile Packaging Market dynamics, structure by analyzing the market segments and projects Global Anti Counterfeit Automobile Packaging Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Anti Counterfeit Automobile Packaging Market make the report investor’s guide.
Scope of the Global Anti Counterfeit Automobile Packaging Market: Inquire before buyingGlobal Anti Counterfeit Automobile Packaging MarketGlobal Anti Counterfeit Automobile Packaging Market Key Players:

• Alien Technology Corp.
• AlpVision
• Zebra Technologies Corp.
• Avery Dennison Corp.
• Giesecke & Devrient (G&D)
• Impinj Incorporation
• Datamax-O'Neil (Honeywell)
• Applied DNA Science
• InkSure Technologies Inc.
• IAI industrial systems
• FUJIFILM Holdings America Corporation
• Fedrigoni SpA
• Gemini Graaphics Pvt. Ltd.
• Goznak JSC
This report submitted by Maximize market Research Company
Customization of the report:
Maximize MarketResearch provides free personalized of reports as per your demand.This reportcan be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.
Contact: +919607195908
For more information to visit
https://www.maximizemarketresearch.com/market-report/global-anti-counterfeit-automobile-packaging-market/99147/