Dublin, June 12, 2018 (GLOBE NEWSWIRE) -- The "Global Counterfeiting Outlook, 2018" report has been added to ResearchAndMarkets.com's offering.
The growth in the internet has provided many new avenues to illicit counterfeiters. The Global Counterfeiting Outlook, 2018 elaborates that web-based counterfeiters are using new advanced technologies to create an ambiance of luxury and an image of authenticity through very little financial investment. As per the report in the year 2017, the amount of sale of counterfeit products through e-commerce platform is 280 billion USD.
One out of five luxury goods sold on e-commerce platforms is counterfeit products. In addition to that cross-border trade in counterfeit goods fuel the unorganized crime network which in turn affect the whole economic growth of a country.
Global Counterfeiting Outlook, 2018 analyses that websites and apps are now designed and fashioned in such a way that it reassures unwitting consumers of authenticity through false claims and photographs of genuine articles, especially in those environments in which the goods for sale are incapable of pre-purchase scrutiny. The websites of the illicit traders appear in a way that it becomes difficult for the consumers to distinguish between approved genuine websites and unauthorized websites that sell counterfeit goods.
As per the Global Counterfeiting Outlook, 2018 the amount of total counterfeiting globally has reached to 1.8 Trillion Dollars. As per the report, estimated losses to luxury brands of consumer goods due to online counterfeiting is 30.3 Billion Dollars and is expected to reach 50 Billion Dollars approximately by 2020.
The internet has helped the counterfeiters to cloak their identities. Internet vendors are not required to provide their information to consumers on their websites. If in case the information is provided, it is false and misleading. The counterfeiters register domain names through such entities that are non-existent. Many cover-ups and make it difficult for the appropriate authorities to determine who is actually behind the websites that sell bogus goods. These techniques are leveraging the counterfeiters and no legal action can be taken in these cases.
Global Counterfeiting Outlook, 2018 has provided various recommendations which would be very helpful for brand owners to protect their trademark from being infringed. With the onset of technological evolution, intellectual property owners have suffered a lot. Co-regulation between the government and all the stakeholder involved is likely to reduce their suffering and provide better protection to their intellectual property rights.
Key Topics Covered:
1. Counterfeiting in the Fourth Industrial Revolution
2. The State of Counterfeiting
3. Globalization - A Double Edged Sword
4. Manufacturing Outsourcing - A blessing in Disguise
5. Luxury Brands & Celebrity Endorsement
5.1. The insignia
5.2. History of celebrity's promotion
5.3. Is there any medium as connected as Internet?
5.4. We don't sell it; we provoke you to buy it
5.5. Average age globally
5.6. The Tags, Hashtags & Search
5.7. Fast Fashion
5.8. Adverse effects of Social Media
5.9. Recommendation
6. E Commerce - A New Platform for Counterfeiters
7. Case Laws
7.1. Gucci vs Alibaba
7.2. Cartier International Ag & Others vs Gaurav Bhatia & Ors
8. The other side of the E-commerce Industry
9. Social Counterfeiting - Counterfeiting on Social Media
10. Future Threat- 3D Printing & Counterfeiting
11. The illicit value chains
12. Trade Routes of Counterfeited Goods
12.1. Clothing and Textile
12.2. Footwear
12.3. Cosmetics and Perfumes
12.4. Leather Articles and Handbags
Companies Mentioned
- Christian Louboutin
- Michael Kors
- Ferragamo
- Givenchy
- Burberry
- YSL
- Tods/Roger Vivier
- Valentino
- Armani
- Bvlgari
- Ray-ban
- Hermes
- Celine
- Gucci
- Alibaba
- LV
- Tiffany
- Rolex
- Tag Heuer
- Chanel
- Nike
- Versace
- Dior
- Prada
- Fendi
- Mars
- Swarovski
- Cartier International Ag.
- Alibaba
- Taobao
- Aliexpress
- eBay
- Amazon
- Flipkart
- Yahoo
- Blackberry (BBM)
- Yahoo
- Kik
- Viber
- Telegram
- Chronicled
- Blockchain Tech Ltd.
- Samsung
- DNA Technologies
- Igneia technology
- Quantum Materials Corporation
- Defcad
- United Parcel Services
- FedEx
- TNT express
- DHL and Yamato Holdings
- British Sky Broadcasting Limited
- Hangzhou Yanbei Trading Company
- Shenzhen Meigeer Watch Co., Ltd
- Mckinsey
For more information about this report visit https://www.researchandmarkets.com/research/2cp664/global?w=12