What's The Problem With Counterfeit?
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Counterfeit products, notably fake malaria pills and medications, pose severe health risks and contribute to a global market worth over $650 billion. Counterfeiting affects numerous industries, including military supplies and luxury goods, leading to safety issues and unethical labor practices. The document advocates for improved detection and stringent measures to combat counterfeiting, highlighting its pervasive impact on consumers and genuine businesses.
What's The Problem With Counterfeit?
- 2. Every 5 minutes a child dies From taking fake malaria pills
- 4. Counterfeit market today’s GDP will exceed India Canadaof India and Canada
- 6. of counterfeit drugs globally $200 Billion
- 7. of US military supply chain 40% is counterfeit
- 8. cigarettes consumed per year Up to 660 Billion are illicit
- 9. Car tires & brakes counterfeits significantly impacting safety
- 10. Need to ensure that parallel imports luxury goods are not from
- 12. of all Viagra 50% is not working
- 13. Counterfeit versions of HIV medications were discovered
- 17. Child Labour
- 20. recycling & redemption services Unjustified
- 21. for health and security High risk
- 24. Customs Authentication takes too long Complex detection process Low chances to be caught
- 26. change focus Criminal organizations from drugs to counterfeiting
- 27. Small chances to be caught Big gains, low penalties
- 28. Wouldn’t it be great to…
- 31. of companies producing genuine products Protect the jobs
- 34. How can we help you fight counterfeiting ?
- 36. by Stefan Hockenberger, Global Track & Trace Lead GET THE EBOOK Download this Free 250 page Track & Trace ebook …or go to bit.ly/t-t-ebook