Global Anti-counterfeit Packaging Technologies market is projected to grow at a CAGR of 12.12% By 2032: V

Visiongain has published a new report entitled theAnti-counterfeit Packaging Technologies 2022-2032. It includes profiles of Anti-counterfeit Packaging Technologies and Forecasts Market Segment by Type (Track and Trace, Tamper-Evident, Overt, Covert, Forensic), Market Segment by Application (Healthcare and Pharmaceuticals, Food & Beverage, Industrial and Automotive, Apparel & Footwear, Electrical & Electronics, Other Applications), Market Segment by Technologies {Radio frequency identification tags (RFIDs), Barcodes, Security Ink & Printing, Smart Labels and Holograms, Digital Encryption & Serialization, Other Technologies} plus COVID-19 Impact Analysis and Recovery Pattern Analysis ("V"-shaped, "W"-shaped, "U"-shaped, "L"-shaped), Profiles of Leading Companies, Region and Country.

The global anti-counterfeit packaging technologies market was valued at US$156 billion in 2021 and is projected to grow at a CAGR of 12.12% during the forecast period 2022-2032.

Technological Advancements are Increasing the Risk of Financial Losses for Businesses

Without extensive customer skill, several advanced techniques, such like barcode technology and QR codes, are simple to copy. When a QR code is scanned, malicious URLs with tailored malware capable of data exfiltration from a mobile device may appear. A malicious URL can also be included into a QR code, leading visitors to a malicious campaign where they may be asked to provide personal and financial details. Because most people can't read QR codes, attackers may swiftly change them to point to a new resource without even being noticed. Although most consumers are educated that QR codes may also be used to access a URL, they may not be aware of all the features that QR codes use on a targeted computer. In addition to creating a webpage, these activities may include adding contacts or drafting emails. QR code security concerns may be extremely serious due to the element of surprise.