Global Counterfeit Products $1.2 Trillion in 2017
The amount of total counterfeiting globally has reached to 1.2 Trillion USD in 2017 and is bound to reach 1.82 Trillion USD by the year 2020 which includes counterfeiting of all equipment/products from defense equipment to counterfeiting of watches, according to the Global Brand Counterfeiting Report 2018.
The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in the year 2017.
Anti-counterfeiting, Brand Protection and Security Packaging Growing to $3.6 Billion by 2022
The Future of Anti-counterfeiting, Brand Protection and Security Packaging to 2022, Smithers’ forecasts this global market will grow during the period 2017–2022 at a compound annual growth rate (CAGR) of 5.3%, to reach $3.6 billion in 2022.