A new Smithers report, The Future of Anti-Counterfeiting, Brand Protection & Security Packaging to 2026, show demand for anti-counterfeit technology, including track and trace, tamper-evidence, product authentication and others, will reach $3.25 billion in 2021. The pandemic is contributing to an accelerated forecast compound annual growth rate (CAGR) of 5.6% for 2021-2026, yielding a total market value of $4.26 billion in that year.
This study finds that demand will continue to grow even in Europe and North America, which are largely static markets for standard packaging.