Anti-counterfeit Cosmetics Packaging Market Report- Trends, Regulations and Company Profiles

The counterfeiting malpractice has become a severe matter of concern for original cosmetics manufacturers all around the globe. Counterfeiting is globally affecting the cosmetics industry, resulting into innumerable tangible and intangible losses for the players operating in the industry. A large number of counterfeit products, carrying brand name of the leading industry players, are making their way into the local market. Global cosmetics industry players are increasingly working towards stopping this penetration of forged products into the market to prevent the impact of these products on their sales revenue. Apart from this, low quality of counterfeit products negatively affects the brand image and credibility of the company.

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The forged packaging on branded cosmetics products is so well replicated that normal detection techniques are unable to identify it and, thus, these products thereby are able to make their entry into the retail market. The forged products, due to their poor product quality, lead to severe side-effects among consumers, such as skin irritation, infection, etc., which consequently lead to the further deterioration of the brand image of the concerned company. Every year, the global cosmetics industry faces vast revenue losses due to the presence of counterfeit products in its supply chain.

Over the years, the anti-counterfeit cosmetics packaging technology has emerged as one of the most efficient solutions for restricting the practice of counterfeiting in the cosmetics industry. The daily-use skin products are being progressively used by the consumers; hence, they are easily available in all level of markets. The high availability of these products in the local market makes them more prone to counterfeiting. Due to the constant surge in the number of cases of cosmetics counterfeit products, the anti-counterfeit cosmetics packaging market is expected to witness significantly higher growth over the forecast period of 2016-2024.

Several innovative technologies for the verification of the original cosmetics products are being developed and making their foray into the market. The increasing use of such technologies by global cosmetic products manufacturers is further propelling the demand for anti-counterfeit cosmetics packaging worldwide.

Customers too, in view of making the best utilization of their money spent on cosmetics products, are becoming more concerned about forged products. Various governments are also becoming increasingly active against the use of counterfeit cosmetics products. This makes global companies more optimistic about investing in advanced anti-counterfeit technologies. Due to these reasons, the global anti-counterfeit cosmetics packaging market is anticipated to expand at a significantly higher growth rate over the forecast period, accounting for multi-millions US$ by the end of the forecast period.

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The high-cost of anti-counterfeit technology systems results in creating uncertainty among the cosmetics industry market players regarding the cost-effectiveness of the technology. Besides, sometimes anti-counterfeit packaging impacts the product distribution system and supply chain network of the companies. These are some of the major factors responsible for the restrained use of this technology by certain manufacturers.

The global anti-counterfeit cosmetics packaging market is segmented on the basis of technology and regions. On the basis of technology, the market is segmented into authentication packaging technology and track and trace packaging technology. The authentication technology segment is further sub-segmented into ink & dyes, holograms, watermarks, and taggants. The track and trace packaging technology segment is sub-segmented into barcode technology and RFID technology.

The increasing use of RFID technology is bestowing a substantial momentum to the growth of the global anti-counterfeit cosmetics packaging market globally.

Geographically, the global anti-counterfeit cosmetics packaging market is segmented into seven main regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan. Due to higher consumer awareness, North America is expected to account for the largest share of the global anti-counterfeit cosmetics packaging market, followed by Europe, in the coming years. The Asia-Pacific region is also expected to grow at a significant rate, thus, further contributing to the overall growth of the global anti-counterfeit cosmetics packaging market over the forecast period.

Some of the key players covered in this study on the global anti-counterfeit cosmetics packaging market are Zebra Technologies, Alien Technology Corp., AlpVision, Avery Dennison Corp., SICPA HOLDING SA, Microtrace, LLC, and Impinj, Inc.

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Laser Coders Market Analyzed in a New Research Study

Innovation in coding technology continues to become more computerized and integrated into the production line. Laser coding is mostly used to differentiate products and mark them accordingly. Laser coding functions by removal of surface coating from the packaging or product; this results in permanent changes in the surface of the product. Laser coding is a non-contact printing method and ensures quality marking. In laser technology, the galvanometer enables laser coding and making mark on moving or static products. Laser coding can be done on various materials such as glass, paper, foils, plastic, cardboard, coated metals, etc. Laser coding does not contain any inks or chemicals; it is cost-efficient and a low maintenance and eco-friendly method for marking the product.

The laser coder software allows users to do barcoding, change and delete text easily, add graphics, etc. The substitutes for laser coders are continuous inkjets and thermal inkjets. In packaging, laser coding is usually used for marking serial or batch number, expiry dates, etc. Laser coding is done in the end after the production process. The laser coder is used for marking various materials in the packaging industry, such as paper, cardboard, and polymers.

The major laser coding types are CO2 lasers, fiber lasers, and vanadate lasers. CO2 lasers include carbon dioxide gas mixture, and are mostly applied on non-metallic materials and on most plastics. They are suited for wood, glass, textiles, foils & films, stone, acrylic, paper, plastics and leather. Fiber lasers are solid state lasers; they are used for contrasting plastic marking and metal marking. They are suited for coated metals, metals, and plastics. Vanadate lasers (Crystal laser) can emit 3 different wavelengths and are suited for ceramics (to some extent), metals, plastics, and coated metals. Domino Laser GmbH is the largest international producer of laser coders; the company has presence in the U.S., Europe, North America, and China.

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The global laser coders market is segmented based on product type, application, and geography. By product type, the global laser coder market is segmented into CO2 lasers, fiber lasers, Nd:YAG flash lamp (solid state), Nd:YAG diode pumped, and vanadate lasers. By end user, the global laser coder market is segmented into food and beverages, cosmetics, personal and home care, pharmaceuticals and medical devices, tobacco, automotive and aerospace, building materials, chemicals, commercial printing and addressing, electrical components and electronics, and wire, cable and pipe.

The growth opportunities for players in the laser coders market growth lie in bringing innovation in terms of the faster execution of coding and that too on a wider range of products, and in producing products that are cost effective and occupy less space. There is an increasing need for high quality marking with improved traceability being witnessed across the globe, which in turn is expected to drive growth of the laser coder market over the forecast period.

However, advances in coding and marking applications are still limited and the capital cost incurred on the same is high, in turn acting as restraints for the market growth. Consumables and maintenance costs are low in case of laser coders, which are among the major factors expected to further drive growth of the laser coder market over the forecast period. Meanwhile, the FDA is increasingly demanding permanent identifying mark solutions from the manufacturers in view of improving the product traceability, thereby creating further growth opportunity for the players operating in the market.

By geography, the global laser coder market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. There have been significant new developments being witnessed in the global laser coders market over the last few years in view of the increasing demand for high speed and reliability. Currently, China dominates the global laser coders market due to the presence of an innovative, cost efficient, environment friendly, and high efficient supply chain in the country. Most of the key market players are based out of China. The laser coder market in North America and Europe is also expected to witness significant growth over the forecast period due to increasing demand for laser coders in packaging industries in these regions.

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Some of the key players in the global laser coding market are Domino Printing Sciences PLC, Linx Printing Technologies, Telesis Technologies, Inc, Matthews Marking Systems, MACSA ID S.A., Markem-Imaje - a Dover Company, Videojet Technologies, Inc., Trotec Laser, Inc., and Liquid Packaging Solutions, Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Packaging Coatings Market Analyzed in a New Research Study

Packaging plays a significant role in every manufacturing process. Manufacturers and packers are paying noteworthy attention to packaging for ensuring product safety, ease in supply chain, promoting sales, and increasing consumer convenience. Hence, packaging coatings plays a major role in improving the packaging process with a view to attain the above mentioned attributes. Packaging coating not only helps enhance the packaging process by providing additional protection, corrosion resistance, and numerous chemical attributes, but also helps in improving the overall aesthetic characteristics of the packaging form.

The growing application areas of packaging are estimated to benefit the global packaging coatings market. Changing lifestyle and food habits are estimated to be the major reasons for the rise of the food and beverages sector, which is a major application segment for the global packaging coating market. Rise in consumption and manufacturing of PET bottles is also estimated to be a major growth contributor for the global packaging coating market.

The global packaging coatings market is primarily driven by the growth witnessed in the packaging industry. Global, the packaging industry is estimated to expand at CAGR of 4% over the forecast period. The growing scope of packaging in various products, especially in consumer goods and food and beverages industry, is estimated to further drive growth of the globally packaging coatings market in the coming years. The increasing need for maintaining original quality and taste and keeping a check on contamination are pushing manufacturers to use packaging coatings, especially in the food and beverages market.

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On the other hand, stringent government laws and regulations, especially in terms of food and beverages packaging, is expected to restrain growth of the global packaging coatings market in the coming years. Besides, increasing concern and awareness regarding the side effects of chemicals used in coatings of cans and bottles among both, manufacturers and end users, is anticipated to further restrain growth of the global packaging coatings market in the coming years.

Growth opportunity for players operating in the global packaging coatings market lies in the usage of environmentally safe and organic materials, which could be reuse and recycled, in the production of packaging products.

The global packaging coatings market is segmented on the basis of packaging type, resin type, end use sector, and regions. On the basis of packaging type, the global packaging coatings market is segmented into rigid packaging coatings and flexible packaging coatings. On the basis of resin type, the global packaging coatings market is segmented into Epoxy, Acrylic, Phenolic, Amino, Vinyl, Polyurethane, Polyester, and others. On the basis of substrate type, the global packaging coatings market is segmented into glass, metal (cans, containers, and sheets), plastic (PET bottles, jars, and others), and paper. On the basis of end use sector, the global packaging coatings market is segmented into food and beverage sector, cosmetics and pharmaceuticals, industrial goods, and others.

On the basis of geography, the global packaging coatings market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. North America is anticipated to be the largest market for global packaging coatings due to rise in food packaging practices, especially in the can segment in the region. Asia is anticipated to contribute significantly towards growth of the global packaging coatings market in the coming years, due to the increasing demand for packaging coatings in the packaged food and consumer goods segments in the region. Latin America is estimated to be the leading consumer of packaging coatings after Asia Pacific. The Latin America market is expected to be followed by the Europe market. The Middle East and Africa market is estimated to exhibit sluggish growth in the global packaging coatings market.

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Armored Vehicle Market Global Development Factors, Research Method and Forecast 2023

The innovation and technology-driven for armored vehicles market features a select few vendors that mostly take up contracts from government and commercial bodies, with the defense sector being the key determinant of the market’s overall development, finds a new research report by TMR. Most of the market’s leading and most reputed vendors are headquartered in North America and Europe, making these regions the frontrunners and leading regional segments.

The demand for integration of technologically advanced electrical, photonic, and efficient and highly secure communication components in armored fleet to maintain an edge over extremist powers is gaining strength, stimulating the need for technological transformation for the market. In the next few years, continual investment in R&D activities, development of highly advanced, and innovative technologies will be the core of growth strategies adopted by key vendors, including Oshkosh Corporation, Elbit Systems Ltd., BAE Systems plc, Lockheed Martin Corporation, and Rheinmetall Defence.

Rising concerns regarding security from insurgent groups and terrorist attacks in countries across Asia Pacific have highlighted the need for modernization of military groups, pressing government bodies to allot more funds to the defense sector in the past few years. Countries such as India, China, and South Korea are focusing on the procurement of enhanced armored vehicles, driving the global market.

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Developed nations such as UAE, Israel, Saudi Arabia, Iran, and Turkey are also substantially increasing their military budgets and increasing the numbers of technologically advanced armored vehicles in their military troops.

The need for reducing the weight and size of vehicles deployed in the defense sector, and the demand for highly efficient, compact, and robust vehicles and weapons is also a key driver of the global armored vehicle market. Promising advancements on fronts such as communication medium, adaptability, navigation, surveillance, protection, and enhanced situational awareness are expected to appeal to an extended set of clients in the next few years.

Dearth of Regulatory Standards and High Costs of Advanced Armored Vehicles Major Deterrent in Low-income Countries

In most countries across Asia Pacific and the RoW sectors, lack of regulatory standards differentiating protection levels leads to high prices and an increased risk of fraudulence from manufacturers. These factors are also leading to the emergence of several unauthorized vehicle armoring companies in countries such as India, China, and Brazil, challenging businesses of established companies to a certain extent.

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Locomotive and Rail Powertrain Systems Market Demand And Study of Key Players- Research Predictions 2030

 

• Enactment of mandatory emission regulations coupled with emergence of innovative emission control technologies are anticipated to drive the global locomotive and rail powertrain systems market. Locomotive and rail powertrain systems are witnessing a drastic change, globally, owing to increasing impact of emission standards and changes in emission control technologies.
• Various major players engaged in the development of powertrain systems catering to locomotive and railways are emphasizing on technologies that monitor and control emission. This, in turn, has enabled the aforementioned players to become key differentiators within the industry.

Key drivers of Locomotive and Rail Powertrain Systems Market

• Regulatory authorities on the environment, such as Environmental Protection Agency (EPA) and European Environment Agency (EEA), have enacted stringent regulations and standards to keep a check on diesel particulate matter and nitrogen oxide being emitted by traditional locomotives and railways. This, in turn, is compelling OEMs to re-invent technologies that potentially would lead to the introduction of newer trends in the near future.
• The availability of standards in terms of design and manufacturing of powertrain systems for locomotives and rails is expected to propel the global locomotive and rail powertrain systems market. This, in turn, is compelling OEMs to standardize their design platforms to gain prominence in the market and consequently, eliminate the need for individual designs.

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• Major players in the global locomotive and rail powertrain systems market are focused on weight reduction and improvement of aerodynamics of the locomotive and rails in order to reduce the environmental impact. OEMs are anticipated to continue development of products through light weighting and improved aerodynamics for locomotives and rails, which is likely to boost operating efficiency of locomotives while meeting the requirements of all government agencies globally.
• Technological advances in terms of power electronics is expected to boost the global locomotive and rail powertrain systems market. For instance, IGBTs, i.e. Insulated Gate Bipolar Transistors, are considered to be the next-generation electronics that are being adopted in modern electric traction systems and diesel electric rail machines. IGBTs offer several benefits over their counterparts GTOs (Gate Turn Off thyristors), such as oil-free compressor design that minimizes the power consumption resulting in optimal fuel consumption. Furthermore, IGBTs are cost effective.

North America and Europe combined accounted for prominent share of global locomotive and rail powertrain systems market

• In terms of region, the global locomotive and rail powertrain systems market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America and Europe has presence of economically stable countries. These regions are also home to technologically advanced research institutes catering to the development of fuel-efficient technologies. Additionally, major players have established their technological centers and manufacturing facilities in various countries including the U.S., Germany, the U.K., and France. All the factors mentioned above contributed to the major share held by these regions in the global locomotive and rail powertrain systems market.
• However, the imposition of lockdown across the globe owing to the coronavirus pandemic is estimated to hamper the global locomotive and rail powertrain systems market in 2020.

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Key Players Operating in Locomotive and Rail Powertrain Systems Market

The global locomotive and rail powertrain systems market is highly concentrated owing to the presence of top manufacturers. A few key players operating in the global locomotive and rail powertrain systems market are:

• Hitachi Ltd
• CRRC Corporation Limited
• AEG Power Solutions
• Turbo Power Systems
• Alstom S.A
• Toshiba Corporation
• Strukton
• Siemens AG

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Automotive Voice-activated Cockpit Market Growth Factors, Types And Application By Regions From 2020 To 2030

 

• Automotive voice-activated cockpit is a voice-controlled personal assistant, which enables the driver/ occupants to make a phone call, control music, control other smart devices, and ask directions for nearby movie theater, restaurant, or other places

Key Drivers of Automotive Voice-activated Cockpit Market

• Development of connected, autonomous, shared and electric (CASE) vehicles is a major trend witnessed in the automotive industry with automakers considering CASE as the future of mobility. The voice-activated cockpit with navigation and display system is likely to be required in such advanced vehicles, which in turn is projected to drive the global automotive voice-activated cockpit market.
• AI-powered personal assistance has been adopted in smartphones and devices to be used in homes & offices. Shifting consumer trend toward digitalization and consumer demand for personal assistance is estimated to drive the global automotive voice-activated cockpit market.
• The automotive industry is shifting toward autonomy with less and less interference needed from the driver, which is estimated to boost the demand for other entertainment and infotainment and subsequently, propel the adoption of voice-activated cockpit.
• Increase in emphasis on cabin ambience and convenience is driving the automotive voice-activated cockpit market

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Challenges of Automotive Voice-activated Cockpit Market

• Integration of advanced in-vehicle electronics and connectivity modules to support voice-activated cockpit is increasing the cost of the vehicle. Therefore, it is not feasible for automakers to offer voice-activated cockpit in medium or entry level cars. High cost of the technology is a major challenge for its mass adoption across all class of vehicles.

North America to hold dominant share of global automotive voice-activated cockpit market

• North America held a leading share of the global automotive voice-activated cockpit market owing to high sales of passenger cars in the U.S & Canada supporting the technology. North America is followed by Europe and Asia Pacific. The market in Asia Pacific is anticipated to expand at a high growth rate due to an increase in sales of premium vehicles & rising penetration of connected vehicles in China & India.

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Key Players Operating in Automotive Voice-activated Cockpit Market

The global automotive voice-activated cockpit market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the global automotive voice-activated cockpit market are:

• Naunce
• Apple
• Visteon Corporation
• Continental AG
• AT&T
• SK Telecom
• Google LLC.
• Verizon
• Soundhound Inc.

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Automotive Night Vision and Pedestrian Detection Technology Market Analysis, Exhaustive Share, Trends And Leading Players By 2030

 

• Automotive night vision technology helps detect a pedestrian or cyclist who is beyond the illumination range of the headlights. Automotive night vision systems contain infrared sensors that are fitted inside the front grille of vehicles. The sensor is fitted in the camera, which displays an infrared image of the pedestrian or cyclist on the vehicle display and subsequently, alerts driver to reduce the speed of the vehicle.
• According to National Center for Health Statistics (NCHS) about 7,680 pedestrians died on the road in 2018. According to National Highway Traffic Safety Administration (NHTSA) in 2018, 79% pedestrian deaths across North America occurred in urban areas on open roads, while 76% deaths occurred at night. This is likely to boost the automotive night vision and pedestrian detection technology market across the globe.

Key Drivers of Automotive Night Vision and Pedestrian Detection Technology Market

• Rise in vehicle production integrated with growing safety standards across the globe is likely to propel the automotive night vision and pedestrian detection technology market. Growing trend toward autonomous driving is likely to boost the automotive night vision and pedestrian detection technology market. Rise in adoption of artificial intelligence in vehicles is prompting vehicle manufacturers to develop autonomous vehicles. Enactment of stringent rules and regulations regarding safety standards in the vehicle is likely to boost the automotive night vision and pedestrian detection technology market across the globe.
• Rise in integration of infotainment systems in vehicles is likely to propel the automotive night vision and pedestrian detection technology market across the globe. Growing awareness about road safety across the globe is prompting vehicle manufacturers to integrate pedestrian detection technology in their vehicles, which in turn is anticipated to boost the automotive night vision and pedestrian detection technology market across the globe.

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Europe & Asia Pacific to hold significant share of global automotive night vision and pedestrian detection technology market

• Europe is projected to account for a major share of the global automotive night vision and pedestrian detection technology market due to a rise in the demand for autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Denso Corporation, and Continental AG who have major facilities that undertake research & development on the advanced safety features in vehicles including pedestrian detection system and night vision camera system, which is likely to propel the automotive night vision and pedestrian detection technology market across the globe.
• Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive night vision and pedestrian detection technology market due to enactment of stringent norms regarding safety features in vehicles. Presence of major automotive industries across China, India, and Japan is anticipated to propel the automotive night vision and pedestrian detection technology market across Asia Pacific.

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Key Players Operating in Automotive Night Vision and Pedestrian Detection Technology Market

The automotive night vision and pedestrian detection technology market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive night vision and pedestrian detection technology market are:

• Advics Co.Ltd.
• Altera Corporation
• Autoliv Inc.
• Siemens AG
• Delphi Automotive
• Omron Corporation
• ZF Friedrichshafen
• Robert Bosch GmbH
• Denso Corporation

• Continental AG
• Valeo
• Panasonic Corporation
• Texas Instrument

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