Counterfeit products are becoming an increasingly pervasive problem in today’s global marketplace. From luxury goods to everyday items, counterfeiters are producing and selling fake versions of products at an alarming rate. This poses a significant risk to businesses of all sizes, as counterfeit products not only hurt their bottom line but also damage their reputation and customer trust.
(more…)Counterfeit products are becoming an increasingly pervasive problem in today’s global marketplace. From luxury goods to everyday items, counterfeiters are producing and selling fake versions
Counterfeit products are a growing problem that can cause significant damage to businesses, consumers, and the economy. According to the Organization for Economic Co-operation and Development (OECD), the global trade in counterfeit goods is estimated to be worth over $500 billion annually.
Several industries, including luxury goods, technology, pharmaceuticals, and food products, produce counterfeit goods. In addition to seriously endangering the health and safety of people, counterfeit goods also hurt economies and legitimate enterprises by inhibiting innovation, growth, and investment. The usage of smart packaging is one of the most promising remedies for the issue of counterfeit goods.
Smart packaging is a potential solution to combat counterfeiting. Smart packaging incorporates technology into product packaging, providing additional features beyond the traditional functions of protection and containment. These features can include tamper-evident seals, authentication labels, and anti-counterfeiting technologies like QR codes, RFID tags, and holograms.
Counterfeit products are a growing problem that can cause significant damage to businesses, consumers, and the economy. According to the Organization for Economic Co-operation and
The garment industry is one of the most heavily counterfeit industries in the world. The International Trade Centre estimates that the $461 billion sector of fake clothing and shoes makes up around 7% of all counterfeit items sold globally. The difficulties that clothing manufacturers encounter are varied, ranging from the effect on their brand to the monetary loss of sales.
The garment industry is one of the most heavily counterfeit industries in the world. The International Trade Centre estimates that the $461 billion sector of
Drug counterfeiting is a growing problem in India. As people become more aware of the need to take medication, but can’t afford their prescribed drugs, more consumers are turning to alternative sources. The result? A thriving black market for cheap drugs, as well as a growing number of dangerous and fake drugs finding their way into the legitimate supply chain.
Drug counterfeiting is a growing problem in India. As people become more aware of the need to take medication, but can’t afford their prescribed drugs,
Counterfeiting has been one of the biggest threats to businesses and can be very costly for businesses selling branded goods—especially in emerging markets such as Africa. If left unchecked, counterfeiters can lead to a decrease in sales and a loss of brand equity.
This blog will cover the factors contributing to counterfeiting in Africa, its impact on businesses, and solutions to this issue.
Counterfeiting has been one of the biggest threats to businesses and can be very costly for businesses selling branded goods—especially in emerging markets such as
Products that are security printed are considered a little more expensive than average product in the market? Isn’t?
The blister foil with security printing is a new way to sell products. It is a type of packaging that helps to prevent counterfeiting and also provides a way to track the product’s authenticity.
This is safe and user friendly and ideal for all types of pharmaceutical wraps such as tablets and capsules. This packaging is more popular in the market because of its benefits.
Products that are security printed are considered a little more expensive than average product in the market? Isn’t? The blister foil with security printing is
Jordan’s drug industry is one of the most advanced in the region, importing and manufacturing generic pharmaceutical products to serve hospitals and pharmacies across the kingdom. But counterfeit drugs are becoming a growing concern, with an estimated 25% of medicines on the market being fake.
Jordan’s drug industry is one of the most advanced in the region, importing and manufacturing generic pharmaceutical products to serve hospitals and pharmacies across the
Latest technology has become both blessing and a curse in times like such. Where countless industries like Pharma, Electronics, Automobiles and many more are waging a war against Counterfeiters, the Counterfeiters has leveraged the power of technology for their own malicious use.
Latest technology has become both blessing and a curse in times like such. Where countless industries like Pharma, Electronics, Automobiles and many more are waging
Egypt market is no new to the fraud products and falsification of goods. In Fact for a long time now, Egyptians are combating with the malicious practices of counterfeiting but the win nowhere in sight. No industry is safe under the attack of Counterfeiters, especially industry Pharmaceuticals, Automobile, FMCG and Electronics.
Egypt market is no new to the fraud products and falsification of goods. In Fact for a long time now, Egyptians are combating with the
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