Packaging Innovation
Counterfeit pharmaceutical packaging continues to soar
December 22, 2016

Counterfeit pharmaceutical packaging continues to soar

The amount of counterfeit pharmaceutical packaging circulating the world is now bigger than ever, even creating what experts call a ‘parallel economy’ – with potentially deadly consequences. With counterfeit pharmaceutical packaging unlikely go away anytime soon, the pharmaceutical industry is increasingly turning to innovative covert and overt anti-counterfeit measures.

Anti-counterfeit pharmaceutical packaging

Forecast to register a 12.1% Compound Annual Growth Rate (CAGR) between 2016 and 2026, the global anti-counterfeit pharmaceutical packaging industry is on a roll. Pharmaceutical packaging designers are really stepping up to the plate, continuously incorporating new security features into their designs.

Track-and-trace technologies

Pharmaceutical packaging design featuring track-and-trace technology is expected to register a 13.1% CAGR in the next ten years, accounting for nearly 2.6 billion euros by 2026.

Covert security features

Covert security features (microscopic tagging, microtext, UV-invisible inks, diamond dust, …) are forecast to reach a CAGR of 12.3% by the end of 2026.

Security inks and graphics

Security printing and graphics in their turn will likely register a 12.8% CAGR, accounting for a market value of 724 million euros. Last year, in 2015, security printing and graphics destined for the global anti-counterfeit pharmaceutical packaging market were valued at about 197 million euros.

RFID technology

Experts are also placing their bets on RFID (Radio-Frequency Identification) technology. Active tags (battery-powered sensors that operate continuously, transmitting data to reading devices) in particular already accounted for 47.5% of the RFID segment in 2016.

Security labels

Drug counterfeiters are mostly known to create fake labels, usually printed on white or transparent substrates. Consequently, most manufacturers are printing their labels on dyed substrates. Other types of security labels include labels that leave a VOID pattern, holographic labels and labels with embedded – yet invisible – traceable components. Stay ahead of the counterfeiting game. Discover more tips for security labels!   Inspired by Pack22world