With realities like the global chip shortage prompting more “bad actors” to develop unapproved reproductions or copies of the real thing, the companies that make anti-counterfeit and tamper-proof packaging are continually developing new ways to combat these crimes. They play an especially critical role in the electronics sector, where one fake relay, component or chip could impact a machine’s operations and the safety of its users.
Anti-counterfeit packaging companies have a fairly large, and ever expanding, addressable market. In fact, counterfeit products are not just a passing problem, but are part of a major global industry. According to Food Engineering magazine, the global pandemic has led to an increase in the quantity of counterfeited products in many parts of the world, due to restrictions in global trade.