GITNUX MARKETDATA REPORT 2024

Anti Counterfeiting Industry Statistics

The global anti-counterfeiting industry is projected to grow significantly due to increasing awareness about the negative impact of counterfeit products.

Highlights: Anti Counterfeiting Industry Statistics

  • The total global economic value of counterfeit and pirated goods is projected to reach $2.3 trillion by 2022.
  • In 2020, The Global Anti-Counterfeit Packaging Market size was valued at $105.9 billion.
  • The Anti-Counterfeit Packaging Market is expected to grow at a CAGR of 12.2% between 2021-2027.
  • North America accounted for the largest market share in anti-counterfeit packaging, at 33.7% in 2020.
  • The Pharmaceuticals segment held a leading anti-counterfeit packaging market share of 34.7% in 2019.
  • Over 85% of all counterfeit goods seized by the US originated from China and Hong Kong.
  • 16% of all goods confiscated for intellectual property rights infringement within the EU in 2016 were toys.
  • Counterfeit goods trade costs U.S. businesses more than $600 billion a year.
  • 2.5% of all global imports are counterfeits, based on the estimates from OECD.
  • One in every 20 smartphones shipped globally in 2016 were counterfeit.
  • Counterfeit wines and spirits comprise 5% of the European market.
  • Counterfeit prescription drugs comprise up to 10% of the total global pharmaceutical market.
  • As of 2021, over half of global anti-counterfeiting market revenue is generated by security labels.

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The Latest Anti Counterfeiting Industry Statistics Explained

The total global economic value of counterfeit and pirated goods is projected to reach $2.3 trillion by 2022.

This statistic refers to the estimated cumulative economic value of counterfeit and pirated goods throughout the world, which is projected to reach $2.3 trillion by the year 2022. Counterfeit and pirated goods are items that are made or sold in violation of intellectual property rights, leading to substantial financial losses for legitimate businesses and governments. This trend could have significant negative impacts on various industries, such as technology, fashion, pharmaceuticals, and entertainment, by undermining innovation, trust, and revenues. The inflated value of counterfeit goods not only impacts the global economy but also poses serious threats to consumer safety and public health due to potentially inferior or harmful product quality.

In 2020, The Global Anti-Counterfeit Packaging Market size was valued at $105.9 billion.

The statistic “In 2020, The Global Anti-Counterfeit Packaging Market size was valued at $105.9 billion” refers to the total estimated value of the market for anti-counterfeit packaging solutions worldwide during the year 2020. This figure reflects the total revenue generated by companies providing technologies and solutions aimed at preventing counterfeit products and protecting brands from infringement. The significant market size indicates the growing awareness and concern among businesses and consumers regarding the authenticity and safety of products, driving the demand for advanced anti-counterfeit packaging solutions to combat fraudulent practices and maintain brand integrity in the global marketplace.

The Anti-Counterfeit Packaging Market is expected to grow at a CAGR of 12.2% between 2021-2027.

This statistic indicates the projected growth rate of the Anti-Counterfeit Packaging Market over the period of 2021 to 2027. The Compound Annual Growth Rate (CAGR) of 12.2% suggests that the market is anticipated to expand by an average of 12.2% annually during this timeframe. This substantial growth rate highlights a strong upward trajectory for the market, indicating increasing demand for anti-counterfeit packaging solutions likely driven by factors such as rising concerns about product authenticity, regulatory requirements, technological advancements, and global supply chain complexities. Stakeholders in the anti-counterfeit packaging industry can use this statistic to make informed decisions, strategize for future market trends, and capitalize on growth opportunities within the sector.

North America accounted for the largest market share in anti-counterfeit packaging, at 33.7% in 2020.

The statistic “North America accounted for the largest market share in anti-counterfeit packaging, at 33.7% in 2020” indicates that out of all the regions globally, North America had the highest proportion of the market for anti-counterfeit packaging solutions in the specified year. This suggests that North America was a significant player in the industry, with a substantial portion of sales and adoption of anti-counterfeit packaging technologies. The high market share in North America may be attributed to factors such as stringent regulations, increasing awareness about counterfeit products, and advanced technological infrastructure to support anti-counterfeit measures, making it a key region driving the growth of this market segment.

The Pharmaceuticals segment held a leading anti-counterfeit packaging market share of 34.7% in 2019.

The statistic indicates that in 2019, the Pharmaceuticals segment had the largest portion of the market for anti-counterfeit packaging, accounting for 34.7% of the total market share. This suggests that pharmaceutical companies were the most significant adopters of anti-counterfeit packaging measures aimed at protecting their products from unauthorized imitation or fraudulent activities. The leading market share held by the Pharmaceuticals segment highlights the industry’s commitment to safeguarding the authenticity and integrity of their products, which is crucial for ensuring consumer safety and maintaining trust in the market.

Over 85% of all counterfeit goods seized by the US originated from China and Hong Kong.

The statistic that over 85% of all counterfeit goods seized by the US originated from China and Hong Kong indicates a significant source of counterfeit products within the country. This suggests that a large proportion of illegally manufactured or misrepresented goods entering the US market are coming from these two regions. The high prevalence of counterfeit goods from China and Hong Kong could have a range of implications for the US economy, consumer safety, and intellectual property rights enforcement. This statistic underscores the importance of robust regulatory measures and international cooperation to combat counterfeiting and protect legitimate businesses and consumers from the risks associated with counterfeit products.

16% of all goods confiscated for intellectual property rights infringement within the EU in 2016 were toys.

The statistic “16% of all goods confiscated for intellectual property rights infringement within the EU in 2016 were toys” means that out of all the goods seized due to infractions related to intellectual property rights within the European Union in 2016, approximately 16% of those confiscated items were toys. This suggests that toys were a significant category of products affected by intellectual property rights violations during that period. It raises concerns about the prevalence of counterfeit or infringing toys in the market and highlights the importance of enforcing intellectual property laws to protect the rights of legitimate manufacturers and safeguard consumers from potentially unsafe or fraudulent products.

Counterfeit goods trade costs U.S. businesses more than $600 billion a year.

The statistic indicates that the trade of counterfeit goods presents a significant financial burden on U.S. businesses, amounting to over $600 billion annually. This cost includes various expenses such as lost sales revenue, damage to brand reputation, legal fees to combat counterfeiters, and expenses related to ensuring product quality control and customer trust. The presence of counterfeit goods in the market not only directly impacts businesses financially but also leads to market distortion, consumer safety concerns, and potential job losses within legitimate industries. As such, combating counterfeiting remains a critical challenge for businesses, governments, and regulatory agencies to protect the economy and consumers from the detrimental effects of counterfeit trade.

2.5% of all global imports are counterfeits, based on the estimates from OECD.

The statistic that 2.5% of all global imports are counterfeits, as reported by the OECD, implies that a significant portion of goods entering countries worldwide are fake or pirated products. This statistic highlights the widespread issue of counterfeiting, which not only undermines intellectual property rights and harms legitimate businesses but also poses risks to consumer health and safety. The impact of counterfeit goods on the global economy is substantial, as it can lead to revenue losses for companies, job displacement, and reduced government tax revenues. Efforts to combat counterfeiting through enhanced regulation, enforcement measures, and international cooperation are crucial to address this ongoing challenge.

One in every 20 smartphones shipped globally in 2016 were counterfeit.

The statistic suggests that approximately 5% of smartphones that were shipped worldwide in 2016 were counterfeit. This indicates a significant presence of counterfeit smartphones in the global market, posing potential risks to consumers and legitimate businesses. Such counterfeit products not only undermine the intellectual property rights of genuine manufacturers but also raise concerns regarding product quality, safety, and performance. The high prevalence of counterfeit smartphones in the market underscores the importance of implementing effective measures to combat counterfeiting and protect consumers from purchasing fraudulent goods.

Counterfeit wines and spirits comprise 5% of the European market.

The statistic that 5% of the European market is comprised of counterfeit wines and spirits suggests that a notable portion of the market is flooded with fraudulent products. Counterfeit wines and spirits refer to products that are falsely labeled, misrepresented or illegally produced with the intent to deceive consumers. This statistic underscores the prevalence of counterfeiting in the alcohol industry within Europe, highlighting potential risks to both consumer health and brand reputation. The presence of counterfeit products can also lead to economic losses for legitimate businesses and tax revenues for governments. This statistic calls for increased efforts in monitoring, regulation, and enforcement measures to combat the problem of counterfeit alcohol in order to protect consumers and the industry at large.

Counterfeit prescription drugs comprise up to 10% of the total global pharmaceutical market.

This statistic indicates that counterfeit prescription drugs make up approximately 10% of the worldwide pharmaceutical market. Counterfeit drugs are unapproved and unauthorized replicas of legitimate medications, which can involve the wrong ingredients, incorrect dosages, or even be entirely fake. The prevalence of counterfeit drugs poses significant risks to public health as they can be ineffective, harmful, or even life-threatening. The 10% figure highlights the substantial proportion of these fraudulent drugs circulating within the pharmaceutical market globally, underscoring the importance of regulatory measures and enforcement efforts to curb their distribution and protect consumers.

As of 2021, over half of global anti-counterfeiting market revenue is generated by security labels.

The statistic ‘As of 2021, over half of global anti-counterfeiting market revenue is generated by security labels’ indicates that a significant portion of revenue within the anti-counterfeiting market is attributed to security labels. This suggests that security labels play a crucial role in addressing the issue of counterfeiting across various industries worldwide, such as pharmaceuticals, electronics, and consumer goods. The popularity and effectiveness of security labels in preventing counterfeit products and protecting brands have led to their widespread adoption, driving substantial revenue growth within the anti-counterfeiting market. This statistic underscores the importance of security labels as a key component of anti-counterfeiting strategies and highlights the market demand for innovative and reliable solutions to combat counterfeiting activities.

Conclusion

The statistics presented clearly highlight the growing importance of the anti-counterfeiting industry in combatting fake goods and protecting consumers. With advancements in technology and increased global cooperation, there is a promising outlook for the industry’s ability to mitigate the impacts of counterfeit products on economies and societies worldwide.

References

0. – https://www.www.wipo.int

1. – https://www.www.helpnetsecurity.com

2. – https://www.www.who.int

3. – https://www.www.securingindustry.com

4. – https://www.www.incoproip.com

5. – https://www.www.prnewswire.com

6. – https://www.euipo.europa.eu

7. – https://www.www.mintz.com

8. – https://www.www.marketsandmarkets.com

9. – https://www.hbr.org

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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