What is Anti-Counterfeit Packaging in K-Beauty?
In K-Beauty, the process of assigning secure packaging to the product to minimize counterfeiting or infringement is referred to as anti-counterfeit packaging. Anti-counterfeiting packaging is the practice of safe packaging that ensures product safety and thwarts imitation. Manufacturers of anti-counterfeit cosmetic packaging are implementing cutting-edge technological solutions to better distinguish between genuine and questionable cosmetic products. Security seals and RFIDs are two strategies that could be used to combat the problem of counterfeit goods worldwide. The harm that counterfeiters do to the brand can be significant. The effects will be severe if customers cannot trust that a business sells real, high-quality goods. Different packaging-related approaches use smart covert and overt technology as part of anti-counterfeiting measures to prevent, detect, and control counterfeiting activities. The majority of anti-counterfeiting technologies for smart packaging are standalone systems, which creates a vulnerability.
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|Key Companies Profiled||Illinois Tool Works (United States), AlpVision (Switzerland), DuPont (United States), Impinj (United States), Essentra PLC (United Kingdom), Avery Dennison (United States), Zebra Technologies Corp (United States), 3M (United States), CCL Industries Inc. (Canada) and UPM (Finland)|
The study covers a detailed analysis segmented by key business segments i.e. by type (RFID, Holographic Technology, Coding & Printing Technology, Security Label and Packaging Design) , by application (Skincare, Hair Care, Makeup, Fragrance and Nail Care) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Anti-Counterfeit Packaging in K-Beauty market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Anti-Counterfeit Packaging in K-Beauty market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Illinois Tool Works (United States), AlpVision (Switzerland), DuPont (United States), Impinj (United States), Essentra PLC (United Kingdom), Avery Dennison (United States), Zebra Technologies Corp (United States), 3M (United States), CCL Industries Inc. (Canada) and UPM (Finland).
On 5th January 2022, a global distributor of Korean beauty (K-Beauty) brands, B2LiNK Corporation, has agreed to purchase Picky Inc., a digital skincare community app beloved by K-beauty fans all over the world. With this acquisition, B2LiNK can strengthen its position as a market leader and expand its global portfolio of beauty brands, and Picky can take advantage of B2LiNK's network and resources to grow its community and geographic reach.
This market study includes a thorough analysis of the market's overall growth prospects on a global and regional level. It also illuminates the competitive environment of the global market. The report also includes a dashboard overview of the top companies, outlining their effective marketing approaches, market share, and most recent developments in both historical and contemporary contexts.
Advancements in Packaging Technologies, Availability of K-Beauty Products in Innovative Designs and Increasing Disposable Income and Spending On Personal Care Products
Market Growth Drivers:
Increasing Inclination towards Changing K-Beauty Appearance, Increasing Air Pollution and Changing Weather Conditions Adversely Affecting On Hairs, Rise in the Production Due To Easy Availability of Raw Materials, and Low Labor Cost in APAC and Increasing Government Initiative for Renewable K-Beauty Production
Large or Scarce Competition from Local and Domestic Brands and Impact of Domestic Tariffs and Trade Routes
Stringent Government Regulations in Developed and Emerging Nations Regarding Usage of Plastics Packaging and The rise in the Cost of R&D Activities
Rise in the Demand from Emerging Economies and Sustainable Packaging Transformation
Key highlights of the Global Anti-Counterfeit Packaging in K-Beauty market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Anti-Counterfeit Packaging in K-Beauty market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Anti-Counterfeit Packaging in K-Beauty market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Anti-Counterfeit Packaging in K-Beauty Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Anti-Counterfeit Packaging in K-Beauty market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Anti-Counterfeit Packaging in K-Beauty market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Anti-Counterfeit Packaging in K-Beauty Manufacturer, Raw Material Suppliers, Anti-Counterfeit Packaging in K-Beauty Distributors and Suppliers, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.