Global Brand Protection and Security Labels Market Size By End-Use Industries, By Technology Type, By Application Specific Labels, By Geographic Scope And Forecast
Global Brand Protection and Security Labels Market Size By End-Use Industries, By Technology Type, By Application Specific Labels, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Brand Protection and Security Labels Market Size By End-Use Industries, By Technology Type, By Application Specific Labels, By Geographic Scope And Forecast
Brand Protection and Security Labels Market Size And Forecast
Brand Protection and Security Labels Market size was valued at USD 4.23 Billion in 2023 and is projected to reach USD 7.54 Billion by 2030,growing at a CAGR of 10.4% during the forecast period 2024-2030.
Global Brand Protection and Security Labels Market Drivers
The market drivers for the Brand Protection and Security Labels Market can be influenced by various factors. These may include
Growing Counterfeiting and Piracy The demand for brand protection solutions, such security labels, is driven by the rise in counterfeit goods and piracy in a number of industries, including luxury goods, electronics, and medicines.
tougher Standards and Regulations The demand for trademark protection technology, such as security labels, is increased when governments and industry groups implement tougher standards and regulations to prevent counterfeiting and guarantee product safety.
Globalisation of Supply Chains As supply chains become more interconnected, there is a greater chance of illegal distribution and counterfeiting. Businesses look for cutting-edge security labelling solutions to safeguard their brands throughout intricate supply chains.
Growing Consumer knowledge Businesses are encouraged to engage in brand protection strategies, such as security labels, in order to preserve customer confidence as a result of growing consumer knowledge of the dangers connected to counterfeit goods.
Technological Developments Sophisticated and secure labelling solutions are made possible by ongoing improvements in printing materials and technologies. Businesses use these technologies to maintain their competitive edge in the war on counterfeit goods.
E-commerce Expansion As e-commerce platforms expand, more obstacles to trademark protection arise. When consumers shop online, security labels assist in product authentication and guarantee that they receive authentic merchandise.
Brand Image and Reputation Management Businesses understand how critical it is to protect their reputation and brand image. Security labels help to establish confidence and trust with customers in addition to providing protection against counterfeiting.
security labels Increased emphasis on track and trace technologies for product traceability and supply chain visibility encourages the use of security labels with distinct identifiers for every product unit.
criteria for the Pharmaceutical Industry Because of safety concerns, the pharmaceutical industry, in particular, is subject to strict laws and criteria for product authentication. Meeting these regulatory requirements is made possible in large part by security labels.
Global Brand Protection and Security Labels Market Restraints
Several factors can act as restraints or challenges for the Brand Protection and Security Labels Market. These may include
Cost of Implementation There may be considerable up-front expenses associated with putting sophisticated brand protection and security labelling systems into place. These expenses might be unaffordable for certain businesses, particularly smaller ones, which would inhibit adoption.
Complexity of Integration It might be difficult to integrate security labelling solutions with current supply chain and packaging systems. Companies may have difficulties as a result of this complexity, which would delay the adoption process.
Opposition to Change Within organisations, resistance to using new technologies or altering long-standing labelling procedures can be a major impediment. Businesses could be reluctant to change how they currently operate.
Limited Knowledge and Education It’s possible that some companies are unaware of the security labelling choices and brand protection solutions that are out there. Spreading awareness of the advantages and features of these solutions is essential to their widespread adoption.
Sustainability Issues Holographic films, one type of traditional security labelling material, may give rise to sustainability issues. Businesses looking for environmentally friendly substitutes could have trouble locating appropriate security measures.
Global Variability in Regulations Businesses may find it difficult to adopt a standardised strategy for trademark protection due to the variance in laws and standards between various countries and sectors. Adherence to various regulations could be a limitation.
Technological Limitations Although technological development is a driving force, some security labelling technologies may not be as effective or as capable as others. This could affect their capacity to deal with particular counterfeiting issues.
Operational Disruptions Manufacturing and distribution processes may experience brief hiccups as a result of the integration of security labels. Businesses could be hesitant to adopt solutions that might cause disruptions to their operations.
Concerns Regarding Too Complex Solutions Certain security labelling solutions may be viewed by certain firms as being unduly complex or challenging to administer. The adoption process may be hampered by the apparent complexity.
Global Brand Protection and Security Labels Market Segmentation Analysis
The Global Brand Protection and Security Labels Market is Segmented on the basis of End-Use Industries, Technology Type, Application Specific Labels, and Geography.
By End-Use Industries
Healthcare and pharmaceuticals Product labels made especially to guarantee compliance and authenticity.
Food and Beverage Labels used to protect brand integrity and stop counterfeiting in the food and beverage industry.
By Technology Type
Holographic Labels Labels with holographic components for visual appeal and authenticity are known as holographic labels. They frequently have distinctive visual patterns and 3D effects.
Tamper-Evident Labels Labels made to increase product security by providing obvious proof in the event of tampering or unauthorised opening.
By Application Specific Labels
Pharmaceutical Authentication Labels Labels created especially to comply with regulations for pharmaceutical items.
Food sector labels Food sector labels with elements to stop counterfeit goods are known as anti-counterfeit labels.
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Key Players
The major players in the Brand Protection and Security Labels Market are
Avery Dennison Corporation
CCL Industries Inc.
3M Company
Essentra PLC
DuPont de Nemours, Inc.
UPM Raflatac
Schreiner Group GmbH & Co. KG
SATO Holdings Corporation
Applied DNA Sciences, Inc.
Zebra Technologies Corporation
Seiko Holdings Corporation
Alien Technology, LLC
SICPA Holding SA
OpSec Security Group Inc.
Edenred Group
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2030
BASE YEAR
2023
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Avery Dennison Corporation
CCL Industries Inc.
3M Company
Essentra PLC
DuPont de Nemours, Inc.
UPM Raflatac
SEGMENTS COVERED
End-Use Industries, Technology Type, Application Specific Labels, and Geography
CUSTOMIZATION SCOPE
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