Track and Trace Packaging Market to Achieve US$ 4.2 billion by 2033 with RFID and Blockchain Revolutionizing Supply Chains, Says FMI

The global track and trace packaging market is projected to reach $4,204.65 million by 2033, driven by advancements in technology like RFID. Track and trace solutions, including blockchain technology, are gaining popularity in various industries, particularly in the supply chain. The pharmaceutical sector dominates the market, accounting for a 27% revenue share in 2022. Companies are focusing on track and trace solutions to combat drug counterfeiting. Recent developments include collaborations and the introduction of traceability solutions for the pharmaceutical supply chain.

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