The global menace of counterfeit drugs and the illicit medication market pose a dire threat to public health and safety, with profound consequences. An estimated 10%–30% of medicines in developing…
Illicit trade in tobacco poses formidable challenges for the industry, with an estimated 10-12% of global cigarette consumption falling into illicit channels, accounting for a staggering 400 – 460 billion…
The fashion world grapples with a staggering $4.2 trillion counterfeit industry (Redpoints), where approximately 20 percent of fashion products advertised on social media platforms are counterfeit (Ghost Data). With over…
Counterfeit sales in the luxury and jewelry markets have reached alarming heights, with a value of $3 trillion in 2022, triple the amount in 2013. The surge can be attributed…
Counterfeiting poses a significant threat to consumer health and safety in the food industry, with the potential worth of the counterfeit food industry estimated at $49 billion per year. The…
Illicit alcohol trade is a serious public health concern, causing the loss of US $8.9 billion annually in fiscal revenue. Moreover, 24% of alcohol consumed illegally is counterfeit. Unsafe products,…