The packaging industry supports pharmaceutical and health sectors, with serialization playing a transformative role in ensuring compliance with regulations.
Antares Vision Group has implemented a traceability solution for cosmeceutical skin care provider Episciences, Inc., addressing supply chain visibility and gray market diversion challenges. The system was developed by ACSIS, a business unit of Antares Vision Group.
Track and trace solutions are critical for product safety, preventing counterfeiting and achieving supply chain transparency. These companies are making names for themselves in the sphere of traceability and serialization.
The global track and trace solutions market is expected to reach $28.9 billion by 2032, with companies in various industries utilizing these solutions for production and sales tracing and compliance. Notable firms such as MM Packaging, Antares Vision Group, and Deitz Co. have developed innovative solutions for these needs.
The global men's personal care market will grow at a CAGR of 5.4% during 2016-2022 period, due to constant change in lifestyle and rise in disposable income.