TechNavio Says Growth of the Healthcare Industry Expected to Impact the Global Anti-counterfeit Packaging Market by 2019

The Global Anti-counterfeit Packaging Market is expected to grow at a CAGR of 16.23 percent from 2015-2019, says research firm TechNavio. Rapid urbanization and heightened health awareness have increased spending on pharmaceuticals, which has made a huge impact on the Global Anti-counterfeit Packaging Market.

According to the latest report by TechNavio, the demand for product traceability has increased in recent years, both in healthcare and across other industries. Product traceability systems are aimed at keeping a record of product flow, and also keep track of product attributes throughout the production process.