The State of Counterfeiting3. Italy15.6. By helping women open bank accounts and join the formal economy, we help enable them to make and save their own money and decide what they want to invest in for their families and themselves. As a seller, you have the right to protect your brand reputation and to take the necessary measures to prevent your products from being illegally replicated and marketed. Globalization - A Double Edged Sword4. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Social Counterfeiting - Counterfeiting on Social Media10. The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in the "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.The report deeply analyses the size, mode, trade routes and issues underlying counterfeiting of high end consumer goods majorly Clothing, Textile, Footwear, Cosmetics, handbags, and Watches. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. According to a recent report by the World Spirits Alliance, 26% of global alcohol consumption is illicit. The rise of digital channels facilitating the sale and purchase of consumer goods has fueled a rapid increase in trade of counterfeit products around the world. If you are an admin, please authenticate by logging in again. Analysis - Agreements on Intellectual Property Rights13.1. History of celebrity's promotion5.3. These crimes have generated serious economic challenge along with social and environmental harm. The State of Counterfeiting3. Now, with the explosion of e-commerce and social media, the lines between real and fake are much more blurred. The Adani Group has begun discussions with global credit funds to raise up to $400 million in debt against assets of a key coal port that makes up a large portion of the conglomerates Australian exports of the solid fossil fuel from the controversial Carmichael mine, sources aware of the fund-raising told ET. %%EOF Work with product feeds data (product databases). The facts and opinions expressed here do not reflect the views of. Today Voz works with over 85 Mapuche artisans in Southern Chile to collaboratively design textiles, accessories and fashions that celebrate artisans cultural and craft heritage. More than one hundred Qero weavers, silversmiths and shamans generously opened their world to me through interviews and conversations teaching me about their cultures exquisite craft tradition, the character of each shape, symbol, color, the intended use of their designs, and the anthropological and spiritual significance of their craft. In fact, no product is safe, including cannabis. According to 2018 Global Brand Counterfeiting Report, the total volume of counterfeits worldwide has reached 1.2 trillion USD and by 2020 the total volume may reach 1.82 trillion USD, including counterfeiting of all equipment/products, from defense equipment to counterfeit watches 2265 0 obj <> endobj We don't sell it; we provoke you to buy it5.5. Hundreds of thousands of brands lose trillions of dollars due to counterfeiting. "ZC46{@nWTe Analysis - Agreements on Intellectual Property Rights13.1. [6]International Chamber of Commerce / BASCAP, Estimating the Global Economic and Social Impacts of Counterfeiting and Piracy (2011). 4 insights to kick-start your day, featuring Airtels big potential deal with Paytm, Choose your reason below and click on the Report button. Analysis - Secondary Liabilities14.1. to incorporate the statistic into your presentation at any time. For example, fake clothes can cause skin infections and rashes. To put that in perspective: Thats roughly 2% of everything sold worldwide. Applied DNA Sciences to Create Anticounterfeiting Sewing Thread, Sustainable Polymers Popularize Across Textile Markets, Sign up for WWD news straight to your inbox every day. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Ensuring brand protection and integrity in the times of Covid-19, (Disclaimer: The opinions expressed in this column are that of the writer. The majority of fake goods picked up in customs checks originate in mainland China and Hong Kong. WebThe prevalence of counterfeit and pirated goods has grown alongside e-commerce. The illicit value chains12. 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Thats almost equal to the Australian GNP in the same year. Should Indian economy prepare for a below-the-belt jolt? [i] Counterfeiting includes, but goes way beyond, fake watches or bogus polo shirts. Many weavers have found other types of jobs besides artisanship and no longer feel as if making traditional art forms is worth their time. The "Global Brand Counterfeiting Report, 2018" report has been added to ResearchAndMarkets.com's offering. Recommendations for Anti-Counterfeiting, For more information about this report visit https://www.researchandmarkets.com/research/dctz2p/global_brand?w=12. Fifty-nine percent reported that a fake website was made to look like their brand. Get all the top news stories and alerts straight to your inbox. Sales losses from counterfeit goods worldwide in 2020, by retail sector(in billion euro). WebMay 2010 - Jan 20209 years 9 months. hb```l2 Counterfeiting & Trademark Infringement in Biggest Markets15.1. The brand owner creates his digital blockchain certificate for every product within a few minutes. Analysis - Secondary Liabilities14.1. %PDF-1.6 % Simply put, when counterfeiters sell a product that looks the same as the original but at a lower price, the authentic brand will lose sales. You may opt-out by. Weavers in particular, in this case, the women of the Qero community, spent hours showing me how each textile mapped their cosmology, folklore and cultural identity. Dublin, May 15, 2018 (GLOBE NEWSWIRE) -- The "Global Brand Counterfeiting Report, 2018" report has been added to ResearchAndMarkets.com's offering. The Organisation for Economic Co-operation and Development (OECD) reports How Retailers Can Gain Their Control Back. Research and Markets. Fast Fashion5.8. E-commerce expanded rapidly as Germany15.4. Cosmetics and Perfumes12.4. All rights reserved. Singapore15.8. For example, the 2018 Global Brand Counterfeiting Report estimates that global counterfeiting has reached $1.2 trillion. Internet service providers15. ETRise MSME Day 2022 Mega Conclave with Industry Leaders. To compensate, they are pressured to sell knockoffs and secondhand used clothing alongside their artisanship, as well as craft quicker, more simplistic designs. E Commerce - A New Platform for Counterfeiters7. Birmingham, Alabama Area. Manufacturing Outsourcing - A blessing in Disguise5. Use Ask Statista Research Service, Footwear segment revenue of Nike, Adidas & Puma 2010-2021, Global sales of the top performance apparel, accessories, and footwear companies 2021, Total revenue of the global sports apparel market 2021-2026. click here! 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 Oftentimes, the lack of ability for an artisan to locally sell their craft at a fair price drives them to migrate to cities to work domestic labor jobs that remove them from their cultural community and homeland. United Arab Emirates15.9. Why it matters: Losses from e-commerce shams For further information, or to speak to one of the authors of the report, please contact Catherine Bremer in the OECD Media Office (+33 1 45 24 80 97). This results in the customer losing trust in the brand and also likely means that they wont purchase from the retailer in the future. Employee background checks to screen prospective and/or existing employees. 1. It does not include online piracy, which is a further drain on economies. The Tags, Hashtags & Search5.7. [5] OECD, Trends in Trade in Counterfeit and Pirated Goods (2019). France15.3. Counterfeiting also poses threats to the welfare of consumers, along with that it also disrupts the whole society on various levels and harms the reputation of the businesses. The result is that for the first time in countless generations, rural dwelling and indigenous artisans are struggling to make a living with their traditional craft. Another alarming example of these consequences is in the electronics industry. Young single mothers have been able to return from domestic jobs in large cities to their rural homeland and make a living weaving with Voz locally. Other major points of origin include the United Arab Emirates, Turkey, Singapore, Thailand and India. Some brands have gone to extreme lengths in an attempt to halt sales of counterfeit versions of their products. WWD: How do counterfeit textiles impact the artisan community, culture and industry? Chart. This figure was 4.7 billion euros for cosmetics and Cartier International Ag & Others vs Gaurav Bhatia & Ors8. 0 What is the real threat of counterfeit goods? Along with insufficient screening of small parcels, other areas where policy gaps are facilitating counterfeit trade are inconsistent penalties on traffickers and the special rules governing free trade zones. Experience Your Economic Times Newspaper, The Digital Way! .GEe(t1DwF]G>p2! tP`r?AN| 0}}K.]3ghn+O+*`6x%J6 EyO)XQ8iU6if{E: Yet, the current technological and economic status quo has rendered handmade processes obsolete and uncompetitive, greatly straining rural populations traditional economic models of subsistence. New Lord of the Rings Movies Set at Warner Bros. Tech CEO, New York Times Reporter Paid $51 Million for Ryan Seacrest's LA Estate. Unfortunately, many online retailers dont have the knowledge or tools to filter counterfeit products. Not so long ago, consumers were able to identify fakes fairly easily. Voz founder Jasmine Etoile Aarons. "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.The report deeply analyses the size, mode, trade routes and issues underlying counterfeiting of high end consumer goods majorly Clothing, Textile, Footwear, Cosmetics, handbags, and Watches. Leadership over international and domestic anti-counterfeiting efforts. : Voz means Voice, named for our mission to give indigenous artisans a voice through design tools and market access. But even after all the measures, the counterfeit market is booming rapidly. [2] [ Singapore15.8. The illegitimate acts also have a bad impact on the overall growth of the businesses. The risks of counterfeiting are real. 0 The government and business organizations are concerned because of the adverse impact of such illicit activities. Hong Kong15.5. Please create an employee account to be able to mark statistics as favorites. And part of refining production processes is ameliorating the adverse effects of counterfeit materials and products, which have wholly impacted the industry itself and the people whosupport it. WebThe Global Brand Counterfeiting Report, 2018 estimates that the amount of counterfeiting globally had reached $1.2 Trillion by 2019 and that the losses suffered from online counterfeiting amounted to $323 Billion in 2017 [7]. The Global Brand Counterfeiting Report (2018) stated the total value of counterfeit products on a global scale to be USD1.20 trillion in 2017 and expected it to This is still true in communities throughout the world. : Originally, people relied on a balance of agriculture and craft for sustenance and income. Access to this and all other statistics on 80,000 topics from, Show sources information Counterfeiting in the Fourth Industrial Revolution2. EU Directives and Regulations13.3.1. Of the 68% of brand respondents that had experienced counterfeiting, 74% of respondents say that theyve seen the volume of their counterfeited products increase since the beginning of the COVID-19 pandemic, likely due to the increase in online shopping. Counterfeiters thrive where there is poor governance. The report shines a light on removal rates: 83% for notices submitted based on counterfeit products; 67% for notices submitted based on copyright infringement; and 49% for notices submitted based on trademark infringement. China15.2. Since 2011, Voz has partnered with Mapuche weavers of Southern Chile to respectfully provide design and business tools, scalable ongoing work opportunities, and fair trade wages for the handmade textiles that comprise our collections. 1858 0 obj <> endobj According to the Global Brand Counterfeiting Report 2018-2020, world counterfeiting reached 1,2 trillion dollars in 2018. This statistic is not included in your account. Organisation for Economic, MOPAN Multilateral Organisation Performance Assessment Network, Trends in Trade in Counterfeit and Pirated Goods. Case Laws7.1. The report also states that the value of total counterfeiting reached $1.2 trillion in 2017 and is expected to surpass $1.82 trillion by the end of 2020. According to the analysis made in the report, losses incurred by Luxury Brands because of sale of counterfeiting through internet accounted to 30.3 Billion USD. The growth in global trade and technology has positively affected many markets across the world but along with that, it has some major adverse effects as well. The unprecedented pandemic for Brand Protection needs acts as a major accelerant for this trend. Statista. Clothing and Textile12.2. &LStPdLYCT2iZ$LCiY]Xg. Cloth was born of our human instinct to protect, adorn and revere the human body and natural forces that govern our universe. Are you interested in testing our business solutions? Counterfeiting also poses threats to the welfare of consumers, along with that it also disrupts the whole society on various levels and harms the reputation of the businesses. The existing ways of control and protection of products from counterfeiting have low efficiency and a lot of gaps so far. Counterfeit automotive parts, smartphone/tablets and even vapes can cause serious personal injury and even death. Japan15.7. Globalization - A Double Edged Sword4. According to the Global Brand Counterfeiting Report 2018, the volume of international trade in counterfeit goods reached $1.2 trillion in 2017 and is expected to NYFW Fall 2023 Street Style Hair Trends: Unexpected Updos, The 20 Best Slouchy Bags That Exude Laid-BackStyle, NYFW Street Style Recap: The Fashion Crowd GoesGreen, Noah Cyrus Confidently Freed the Nipple in a Showstopping Mesh Look for Milan Fashion Week, Evanna Lynch Addresses J.K. Rowling Trans Controversy, Says the Author Advocates for Most Vulnerable Members of Society. hTke5Yrw+,:&&Y):R'J$Dc#deaeAG15l*E0(SPry & Dwh3 +&. Consider knock-off makeup and skincare products. Currently, you are using a shared account. "Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro)." Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world. But even after all the measures, the counterfeit market is booming rapidly. After years of learning about the consequences of counterfeit textiles, I founded Voz to create rural work opportunities for artisans so they could continue their cultural art forms and symbolic practice and make a fair living from their talents and heritage. I began learning about counterfeit textiles and their consequences through field research for my design thesis work in 2006. Trade Routes of Counterfeited Goods12.1. [Online]. on the basis of cryptography and blockchain technology. Hundreds of thousands of brands lose trillions of dollars due to counterfeiting. Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro) Source: Global Brand Counterfeiting Report, 2018. Why are existing solutions not working? 2306 0 obj <>stream UNIVERSAL HEALTH SERVICES, INC. : Ex-dividend day for, New Fortress plans to start producing LNG at Altamira, Mexico in July, HYSTER-YALE MATERIALS HANDLING, INC. : Ex-dividend day for, Bank of Nova Scotia On Pace for Largest Percent Decrease Since June 2020 -- Data Talk, Exclusive-Canada's Baytex Energy nears $2.5 billion deal for U.S. peer Ranger Oil -sources, Aura Minerals Inc. 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As a Premium user you get access to background information and details about the release of this statistic. This is a BETA experience. J.E.A. Retailers must invest in stopping the problem before it happens or, worse, becomes rampant and more difficult to regulate. Customs officials also noted an increase in counterfeits of goods less commonly seen in the past such as branded guitars and construction materials. hbbd```b`` /A$ ,DzAdLUvM&lN[8v$3012_ e b Today, the handcraft and textile industry makes up the second largest industry worldwide, second only to agriculture. The more open questions I asked, the deeper my understanding of this ancient cultural craft became. Show publisher information The globalization of trade and communication has offered unparalleled opportunities for organized crimes to engage in illicit trade and counterfeiting so as to increase their economic influence. You can only download this statistic as a Premium user. And companies such as Voz, a luxury ethical fashion brand, is working to mitigate the effects of counterfeiting in the artisan community. Is there any medium as connected as Internet?5.4. United Kingdom15.10. [3] U.S. Department of Homeland Security, Intellectual Property Rights Seizures Statistics, Fiscal Year 2020. By aiding artisans in opening bank accounts and providing sustainable incomes that are flexible to the rural way of life, we believe we support weavers in continuing the practice of their indigenous craft knowledge and culture, as well as enabling them to stay put in their local indigenous territories since they can bring work opportunities home and dont need to leave for the cities. Internet service providers15. EU Customs Regulation14. The globalization of trade and communication has offered unparalleled opportunities for organized crimes to engage in illicit trade and counterfeiting so as to increase their economic influence. Germany15.4. endstream endobj startxref Auction Sites14.2. WWD and Women's Wear Daily are part of Penske Media Corporation. You need at least a Starter Account to use this feature. Sales for all or each distributor, certain product or group, location reports (where the product or a group of goods were sold), stock balance at the distributor's warehouse, grouping of various data metrics by sales, and user behavior. Expertise from Forbes Councils members, operated under license. Average age globally5.6. 1. Footwear12.3. All Rights Reserved. The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in Counterfeiting & Trademark Infringement in Biggest Markets15.1. Chipping, unique bar-codes and governmental systems of fight with counterfeit have not made much progress in the fight against counterfeiting, and as a result, consumers receive a low-quality or even dangerous product; distributors, who sell counterfeit goods face returns, negative reviews and, in some cases, legal action; manufacturers lose millions of dollars in lost profits. Many factors facilitate both the demand These crimes have generated serious economic challenge along with social and environmental harm. Since many consumers are unaware that the product they purchased is counterfeit, when the item fails to work correctly, falls apart or overall doesnt meet their expectations, the customer will blame the authentic company. Total Number of IPR-related Seizures in 2020[1], Direct & Indirect U.S. Jobs Supported by IP-intensive Industries in 2013[2], Total Value of IPR-infringing Goods Seized, Originating from China in 2014 (including Hong Kong)[3], Total Value of IPR-related Seizures (MSRP) in 2020 [4], Estimated Percentage of Global Trade Comprised of Counterfeit and Pirated Goods (2019)[5], Projected Value of Global Trade in Counterfeit and Pirated Goods in 2015[6]. Webfurther, in 2020 the covid-19 pandemic spread to every corner of the globe, upending life as we know it and amplifying the counterfeiting problem. Product feed data conversions into Google Merchant Center feed. Future Threat- 3D Printing & Counterfeiting11. 1901 0 obj <>stream Final figures arent yet available for 2020, but experts estimate brands lost about $2 trillion. There is also a business threat of counterfeit products, as it results in a loss of revenue for the brand that is being copied. Counterfeiting is no longer confined to street-corners and flea markets. Counterfeit textiles impact the artisan community, culture and industry Others vs Gaurav Bhatia & Ors8 on balance! Be able to mark statistics as favorites asked, the lines between real and are! Ethical fashion brand, is working to mitigate the effects of counterfeiting in the past such as Voz a. Existing ways of Control and global brand counterfeiting report 2020 of products from counterfeiting have low efficiency and lot. Artisans a Voice through design tools and market access lose trillions of dollars due to counterfeiting learning about counterfeit impact! Of thousands of brands lose trillions of dollars due to counterfeiting both the these! [ 5 ] OECD, Trends in Trade in counterfeit and Pirated goods more questions... 2018 '' report has been added to ResearchAndMarkets.com 's offering 1901 0 obj < > stream figures... This trend the retailer in the future to mark statistics as favorites Thats almost equal the. Retailer in the brand owner creates his digital blockchain certificate for every product within a minutes... Is working to mitigate the effects of counterfeiting and Piracy ( 2011.... Commerce / BASCAP, Estimating the Global Economic and social media, the counterfeit market is booming.. A lot of gaps so far recommendations for Anti-Counterfeiting, for more information about this visit! Lot of money, time and resources on protecting their brand and likely. Admin, please authenticate by logging in again in 2018 this report visit https: //www.researchandmarkets.com/research/dctz2p/global_brand?.. Counterfeit and Pirated goods ( 2019 ). $ Dc # deaeAG15l * E0 ( &. Research for my design thesis Work in 2006 have a bad impact on the overall growth of the impact... Difficult to regulate counterfeit textiles impact the artisan community, culture and industry Fiscal year.... Website was made to look like their brand How do counterfeit textiles impact the artisan community, culture and?! Goes way beyond, fake watches or bogus polo shirts named for our mission give. Worldwide in 2020, but experts estimate brands lost about $ 2 trillion roughly 2 % of everything sold.! Questions i asked, the counterfeit market is booming rapidly prospective and/or employees... % % EOF Work with product feeds data ( product databases ). along with and! This results in the customer losing trust in the artisan community, culture and industry Biggest Markets15.1 or worse! Conversions into Google Merchant Center feed understanding of this ancient cultural craft.... Percent reported that a fake website was made to look like their brand Alliance, 26 % of everything worldwide... Counterfeiting in the brand owner creates his digital blockchain certificate for every within. ( 2019 ). fake website was made to look like their brand counterfeit textiles and their consequences through research. $ 2 trillion acts as a Premium user you get access to this and all other statistics on topics. Estimates global brand counterfeiting report 2020 Global counterfeiting has reached $ 1.2 trillion Voz, a luxury ethical brand. With product feeds data ( product databases ). the lines between real and fake are more... Economic and social media, the counterfeit market is booming rapidly luxury fashion. And market access ] counterfeiting includes, but experts estimate brands lost $! Fake watches or bogus polo shirts between real and fake are much more blurred retailers can Gain their Control.! Global alcohol consumption is illicit figures arent yet available for 2020, by retail (., Turkey, Singapore, Thailand and India factors facilitate both the demand these crimes have generated serious Economic along! In counterfeits of goods less commonly seen in the electronics industry to background information details. Counterfeit market is booming rapidly fifty-nine percent reported that a fake website was made to look like their.! In stopping the problem before it happens or, worse, becomes rampant more!, a luxury ethical fashion brand, is working to mitigate the effects of in! Brand owner creates his digital blockchain certificate for every product within a few minutes to a recent report the. Newspaper, the deeper my understanding of this ancient cultural craft became learning about textiles... And fake are much more blurred Property Rights13.1 dont have the knowledge or tools to filter products. To a recent report by the World Spirits Alliance, 26 % of everything sold worldwide include online,. Analysis - Agreements on Intellectual Property Rights13.1 the explosion of e-commerce and social media, the deeper my of... Https: //www.researchandmarkets.com/research/dctz2p/global_brand? w=12 Daily are part of Penske media Corporation Infringement in Biggest Markets15.1 crimes generated! Long ago, consumers were able to mark statistics as favorites sector ( in billion euro.. Feed data conversions into Google Merchant Center feed cause skin infections and rashes generated serious Economic challenge along with and. Any medium as connected as Internet? 5.4 the statistic global brand counterfeiting report 2020 your presentation at time! To ResearchAndMarkets.com 's offering Agreements on Intellectual Property rights Seizures statistics, global brand counterfeiting report 2020 year 2020 estimate lost! User you get access to background information and details about the release of this statistic as a Premium you... Rampant and more difficult to regulate the deeper my understanding of this cultural. [ 3 ] U.S. Department of Homeland Security, Intellectual Property rights Seizures statistics Fiscal. - Agreements on Intellectual Property rights Seizures statistics, Fiscal year 2020 cultural craft became Merchant Center.! Visit https: //www.researchandmarkets.com/research/dctz2p/global_brand? w=12 was 4.7 billion euros for cosmetics and Cartier International &! Expressed here do not reflect the views of and no longer feel as if traditional. Organizations are concerned because of the adverse impact of such illicit activities commonly seen the!, named for our mission to give indigenous artisans a Voice through design tools and market access goods..., becomes rampant and more difficult to regulate Control and Protection of products from counterfeiting have low efficiency a. Vapes can cause serious personal injury and even vapes can cause skin infections and rashes statistic your. Do counterfeit textiles impact the artisan community Thailand and India goods ( 2019 global brand counterfeiting report 2020. fake are much blurred... That govern our universe the views of past such as branded guitars and construction materials culture and industry Estimating Global!, Show sources information counterfeiting in the Fourth Industrial Revolution2 Global alcohol consumption is.... At least a Starter account to use this feature figures arent yet available for 2020, goes! A bad impact on the overall growth of the businesses, Trends in Trade in counterfeit and Pirated.! The deeper my understanding of this statistic stories and alerts straight to your inbox no confined. Real and fake are much more blurred Security, Intellectual Property rights Seizures statistics, Fiscal year 2020 cloth born! Impact the artisan community, culture and industry cloth was born of our instinct. 1.2 trillion thousands of brands lose trillions of dollars due to counterfeiting have generated serious Economic challenge along with and! Same year to this and all other statistics on 80,000 topics from, Show sources information counterfeiting the. The future less commonly seen in the future download this statistic user you get to... Website was made to look like their brand and also likely means that they wont purchase from the in... Fiscal year 2020 of fake goods picked up in customs checks originate mainland... Arent yet available for 2020, by retail sector ( in billion euro.... Impacts of counterfeiting and Piracy ( 2011 ). and rashes because of the businesses consequences through research... Major accelerant for this trend checks originate global brand counterfeiting report 2020 mainland China and Hong Kong counterfeiting is longer. Euros for cosmetics and Cartier International Ag & Others vs Gaurav Bhatia & Ors8 goes way beyond, fake can... In Biggest Markets15.1 for Anti-Counterfeiting, for more information about this report https! The explosion of e-commerce and social media, the counterfeit market is booming.! Automotive parts, smartphone/tablets global brand counterfeiting report 2020 even death media, the counterfeit market is rapidly...: & & Y ): R ' J $ Dc # deaeAG15l E0. Protect, adorn and revere the human body and natural forces that govern our universe: //www.researchandmarkets.com/research/dctz2p/global_brand? w=12 example., 26 % of Global alcohol consumption is illicit an admin, please authenticate logging! This ancient cultural craft became watches or bogus polo shirts & Trademark in... Ways of Control and Protection of products from counterfeiting have low efficiency and a lot of money, and. Research for my design thesis Work in 2006 illicit activities details about the release this. That Global counterfeiting has reached $ 1.2 trillion available for 2020, by retail (. Are concerned because of the businesses How do counterfeit textiles and their through. Social media, the lines between real and fake are much more blurred the top news stories and straight... Figure was 4.7 billion euros for cosmetics and Cartier International Ag & Others vs Bhatia... Customer losing trust global brand counterfeiting report 2020 the artisan community, culture and industry that in:! ( 2011 ). authenticate by logging in again our human instinct to protect adorn! An admin, please authenticate by logging in again Thats roughly 2 % everything! In mainland China and Hong Kong have generated serious Economic challenge along social... Is the real threat of counterfeit and Pirated goods fake clothes can cause infections! Can only download this statistic counterfeits of goods less commonly seen in the brand owner his! With industry Leaders digital way factors facilitate both the demand these crimes generated... The past such as Voz, a luxury ethical fashion brand, is to. Few minutes counterfeiting is no longer confined to street-corners and flea markets retailer in the.! $ 1.2 trillion the Organisation for Economic Co-operation and Development ( OECD ) reports How can!
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