Talon International's StegVision functions off an app designed to help businesses and consumers combat counterfeit products across all industries and create powerful engagement(s) with consumers.
According to “Anti-counterfeit Packaging Market,” a report by Future Market Insight (FMI), the global anti-counterfeit packaging market is slated to top $137 billion in 2022.
COVID-19 has led to an increase in the quantity of counterfeited products in many parts of the world, due to restrictions in global trade. This, coupled with the huge growth of the e-commerce industry in 2020, has increased demand for anti-counterfeiting and brand protection solutions.
A new Smithers report, The Future of Anti-Counterfeiting, Brand Protection & Security Packaging to 2026, show demand for anti-counterfeit technology, including track and trace, tamper-evidence, product authentication and others, will reach $3.25 billion in 2021.
