Anti-Counterfeit Pharmaceutical Packaging Market Size

Anti-Counterfeit Pharmaceutical Packaging Market size was over USD 148.34 billion in 2023 and is poised to reach USD 639.81 billion by the end of 2036, growing at around 11.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of anti-counterfeit pharmaceutical packaging is assessed at USD 162.46 billion.

This can be accounted to the increasing number of counterfeit products and growing demand for well-protected pharmaceutical drug packaging. According to the WHO, 1 out of every 10 medical products in developing countries is counterfeited or substandard. Amongst all the regions in the world, 42% of the reports came from Africa. Along with these, rising emphasis of manufacturers to safeguard their brand identities and stringent government regulations to prevent illegal drug channeling are also expected to drive growth to the market in the near future. Furthermore, development of innovative technologies for identification and authentication of medicines is estimated to provide impetus to the anti-counterfeit pharmaceutical packaging market in the coming years.