Anti-counterfeit Packaging Market Procurement Report – Category Spend Analysis by SpendEdge

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Anti-counterfeit Packaging Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of anti-counterfeit packaging and acts as an all-inclusive guide for making smart purchasing decisions.

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Anti-Counterfeit Packaging Procurement Market Intelligence Report (Graphic: Business Wire)

Anti-Counterfeit Packaging Procurement Market Intelligence Report (Graphic: Business Wire)

“The increase in the prevalence of counterfeit products that affect buyers brand in terms of customer loyalty is driving the growth of the global anti-counterfeit packaging,” says SpendEdge procurement research analyst Tridib Bora. “APAC is expected to be the fastest growing market for anti-counterfeit packages during the forecast period,” added Tridib.

Key Report Features

Supply Market Insights Negotiation Strategies
Procurement Best Practices Category Risk Analysis
Cost Saving Opportunities Key Supplier Analysis
Pricing Models Supplier Capability Matrix

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Report Insights

  • The global anti-counterfeit packaging market is driven by an increase in the prevalence of counterfeit goods that affect the brand name as well as the overall economy for buyers. Also, increase in online sales of products have increased the relative prevalence of counterfeit goods, requiring buyers to increase the security of the products via packages.
  • Procurement managers should adopt systematic procurement practices that help them identify important aspects of anti-counterfeit features that are to be incorporated into the package while selecting an appropriate solution that suits the requirements. To overcome such obstacles, the managers who procure such packaging material should create a checklist that involves the basic criteria to be assessed while selecting an anti-counterfeit solution.
  • The major challenges faced in this market is difficult in restructuring the existing internal infrastructure to incorporate serialization solutions and in ascertaining dedicated supply capabilities.Therefore,the buyers need to engage with contract service providers that can integrate various trace and track systems into the existing manufacturing process without increasing the overall cost of the manufacturing process.

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Global Anti-Counterfeit Packaging Market Pricing Trends

The cost-plus pricing model is the widely-adopted pricing model in the anti-counterfeit packaging industry globally. For buyers adopting this model, the transparency is relatively high as the prices vary according to the price of polymers.

The competitive pricing model and volume-based pricing model are the other pricing models that find comparable adoption.

Volume-based pricing model offers scope for discounts in case of bulk purchases of packaging material. Whereas the competitive pricing model enables the suppliers to offer value-added services such as package design at discounted prices to attract and retain clientele.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

Contacts:

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com

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