Source: Global Brand Counterfeiting Report, 2018. our manager will answer you within one business day. Trends in Trade in Counterfeit and Pirated Goods covers all physical fake goods which infringe trademarks, design rights or patents, and tangible pirated products, which breach copyright. Here, Aarons discusses the importance of preserving cultural identity and the true modern tragedy of counterfeit textiles.. to incorporate the statistic into your presentation at any time. hbbd```b`` /A$ ,DzAdLUvM&lN[8v$3012_ e b The problem has intensified to staggering levels, as shown by a recent Organisation for The artisans I have met and interviewed over the last 10 years in Peru, Chile, and neighboring countries, have expressed frustration and sadness that their fellow citizens and visiting tourists dont sufficiently [culturally or monetarily] value their handmade work in the public marketplaces. The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in According to the Global Brand Counterfeiting Report 2018, counterfeit goods reached 1.2 Trillion USD in 2017 and are set to grow to over 1.8 Trillion USD by 2020. Fifty-nine percent reported that a fake website was made to look like their brand. %%EOF Recommendations for Anti-Counterfeiting, For more information about this report visit https://www.researchandmarkets.com/research/dctz2p/global_brand?w=12, "Global Brand Counterfeiting Report, 2018", https://www.researchandmarkets.com/research/dctz2p/global_brand?w=12. 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. Counterfeit trade takes away revenues from firms and governments and feed other criminal activities. Organisation for Economic, MOPAN Multilateral Organisation Performance Assessment Network, Trends in Trade in Counterfeit and Pirated Goods. The package and product might look identical to the authentic brand, but when applied, they can cause skin infections and rashes. Germany15.4. 2291 0 obj <>/Filter/FlateDecode/ID[<34B38B46A27FC8469B485278D5465D2B><3D2570D60808A6439D4AFAC9D38BD17B>]/Index[2265 42]/Info 2264 0 R/Length 128/Prev 986752/Root 2266 0 R/Size 2307/Type/XRef/W[1 3 1]>>stream Fast Fashion5.8. A passion for ceremonial design methods and uses led me to study global forms of art, design and adornment early in my education. It can also jeopardise consumers health and safety, said OECD Public Governance Director Marcos Bonturi, launching the report with the Director of the EU Observatory on IPR infringements at the EUIPO, Paul Maier, and the EU Ambassador to the OECD Rupert Schlegelmilch. The government and business organizations are concerned because of the adverse impact of such illicit activities. Read the report: Trends in Trade in Counterfeit and Pirated Goods. [6]International Chamber of Commerce / BASCAP, Estimating the Global Economic and Social Impacts of Counterfeiting and Piracy (2011). Available: https://www.statista.com/statistics/1117921/sales-losses-due-to-fake-good-by-industry-worldwide/, Sales losses from counterfeit goods worldwide in 2020, by retail sector, Available to download in PNG, PDF, XLS format, Size of the global activewear market 2021 to 2028, Global sports footwear market revenue 2012-2025, Market cap of the top active footwear companies globally 2021, Sportswear & sporting goods companies by worldwide revenue 2021, Puma Group's market capitalization worldwide 1993-2021, Consolidated sales of Puma worldwide from 1993 to 2021, Global net sales growth of Puma 2000-2021, Net earnings of the Puma Group worldwide from 1993 to 2021, Puma Group's gross profit worldwide from 1993 to 2021, Operating income of the Puma Group worldwide from 1993 to 2021, Puma's marketing/retail expenses worldwide 2013-2021, Global R&D expenditure of Puma from 2013 to 2021, Share of Puma's sales worldwide in 2021, by region, Consolidated sales of the Puma Group worldwide from 2012 to 2021, by region, Share of Puma's consolidated sales worldwide in 2021, by product category, Puma's footwear sales worldwide from 1993 to 2021, Apparel sales of Puma worldwide from 1993 to 2021, Accessories segment sales of Puma worldwide from 1993 to 2021, Apparel segment revenue of Nike, Adidas & Puma 2016-2021, Global revenue of Nike from 2016 to 2021, by product category, The adidas Group's net sales worldwide from 2000 to 2021, Adidas Group's global net sales from 2002 to 2021, by product category, Global value share of counterfeit and pirated goods seized in 2016, by product, Sales lost due to counterfeit clothing and footwear in Europe 2015, by country, Global value of imported counterfeit goods in 2013 and 2016, Original equipment manufacturer (OEM) department monitoring counterfeiting as of 2015, Uses of serial numbers by original equipment manufacturers (OEMs) 2015, Italian sounding food products 2017, by type, Original equipment manufacturer incentive programs to fight gray market 2015, Counterfeit clothing: direct and indirect sales lost in the EU 2007-2012, by industry, Loss of sales due to counterfeit toys and games in Europe 2015, Employment loss due to counterfeit toys and games in Europe 2015, by country, Operations against counterfeiting and unauthorized commercial activity Italy 2018, Counterfeit clothing: direct and indirect employment loss in Europe 2015, by country, Cosmetic and personal care counterfeit goods: employment losses in the EU 2015, Italy: seized counterfeited and illegally merchandized articles in Rome 2015, Employment loss due to counterfeit clothing in Europe 2015, by country, Italy: counterfeiting and unauthorized commercial activity in Rome 2015, Share of lost sales due to counterfeit clothing in Europe 2015, by country, Lost sales due to counterfeit clothing and footwear in Europe 2015, by country, Share of employment lost due to counterfeit clothing in Europe 2015, by country, Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro), Find your information in our database containing over 20,000 reports. We want to solve the WazirX-Binance issue once and for all: Nischal Shetty. Footwear12.3. Both rights holders and agents can report violations to Facebook and Instagram. Cosmetics and Perfumes12.4. 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 More than 500,000 brands were enrolled in Brand Registry in 2020. Clothing and Textile12.2. In, Various sources (scantrust.com). There is also a business threat of counterfeit products, as it results in a loss of revenue for the brand that is being copied. Total Starbucks locations globally 2003-2022, U.S. beer market: leading domestic beer brands 2017, based on sales, Revenue and financial key figures of Coca-Cola 2009-2021, Research lead covering Non-food CG & Retail, Profit from additional features with an Employee Account. Final figures arent yet available for 2020, but experts estimate brands lost about $2 trillion. The estimated losses due to counterfeiting of high end consumer goods amounted to 98 Billion USD which includes counterfeiting from offline as well as online 1. WWD and Women's Wear Daily are part of Penske Media Corporation. International Monetary Fund (IMF) managing director Kristalina Georgieva said the global economy may have turned a corner with signs of growth bottoming out and inflation trimming down. Even so, its more important than ever for businesses to protect themselves (and their customers) to ensure the perception of their brand is not undermined by counterfeit goods. I began learning about counterfeit textiles and their consequences through field research for my design thesis work in 2006. Internet service providers15. Learn more about how Statista can support your business. If you are an admin, please authenticate by logging in again. Manufacturing Outsourcing - A blessing in Disguise5. There is some good news: Retailers and governments are recognizing the danger of counterfeiting and are pledging action to combat it. Singapore15.8. A look from the Voz FW18 collection. Counterfeiting is no longer confined to street-corners and flea markets. For example, fake clothes can cause skin infections and rashes. ", Various sources (scantrust.com), Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro) Statista, https://www.statista.com/statistics/1117921/sales-losses-due-to-fake-good-by-industry-worldwide/ (last visited March 01, 2023), Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro) [Graph], Various sources (scantrust.com), March 25, 2020. hbbd```b``"nH6"}D)"' DKd2 Crew, WWD Report Card: Brad Pitt vs Ryan Gosling, Report Card: Rating the Looks from Paris Couture Week, First Impressions: Paris Mens Spring 2023 | Day 5 | Kenzo, Herms, Thom Browne, First Impressions: Paris Mens Spring 2023 | Day 4 | Junya Watanabe, Dior, Officine Generale, First Impressions: Paris Mens Spring 2023 | Day 3 | Issey Miyake, Amiri, First Impressions: Paris Mens Spring 2023 | Day 2 | Lemaire, Givenchy, Reese Cooper, First Impressions: Paris Mens Spring 2023 | Day 1 | John Elliott, EgonLab, First Impressions: Milan Mens Spring 2023 | Day 2 | Versace, Fendi, Armani, MSGM, First Impressions: Milan Men's Spring 2023 | Day 1, First Impressions: Milan Mens Spring 2023 | Day 3 | Etro, Prada, JW Anderson, On the Red Carpet at the 2022 Met Gala: All the Looks, 'And Just Like That' Costume Designers Talk Process for New HBO Show, Netflix's 'Halston' Costume Designer Talks Working with Ewan McGregor, Video: J Balvin on the Deeper Meaning of the J Balvin x Air Jordan 1 Sneaker, Video: How Princess Dianas Fashion Choices Hinted at What Was Happening Behind Palace Doors. History of celebrity's promotion5.3. Fast Fashion5.8. Global counterfeiting is expected to reach $1.82 trillion by 2020. Brands and retailers are polishing their supply chains as consumer demand for ethical and sustainable fashion continues to swell. We don't sell it; we provoke you to buy it5.5. Adverse effects of Social Media5.9. A summary of the legislation under consideration in the US and EU 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. Expertise from Forbes Councils members, operated under license. The brand owner creates his digital blockchain certificate for every product within a few minutes. The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in the [i] Counterfeiting includes, but goes way beyond, fake watches or bogus polo shirts. The other side of the E-commerce Industry9. Jasmine Etoile Aarons, founder of ethical fashion brand Voz, discusses the cost of counterfeit textiles. 1901 0 obj <>stream Counterfeit goods are low-quality items and they are dangerous for your health. Employee background checks to screen prospective and/or existing employees. Counterfeiting in the Fourth Industrial Revolution2. This figure was 4.7 billion euros for cosmetics and As a result, weavers often are pressured to remove important traditional symbols from their art in order to make it fast enough to equal the price of a knockoff or use cheaper materials. Each color and shape composes a scripture older than the written word, and so it is for most cultures in the world. Trade Routes of Counterfeited Goods12.1. Through this partnership, we are witnessing weavers flourish. France15.3. The amount of total counterfeiting globally reached $1.2 trillion in 2017 and is projected to reach $1.82 trillion by 2020. While this might not seem like a serious threat (and for those who knowingly buy knock-offs for superficial reasons, its not), the truth is that poor quality items can have real, dire consequences. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. WebMay 2010 - Jan 20209 years 9 months. Photo courtesy of Voz. Currently, you are using a shared account. 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. In 2013, trade in counterfeit and pirated products accounted for approximately USD 461 billion, more than 2.5% of world trade (OECD/EUIPO 2016 ). Many factors facilitate both the demand Voz weavers are cultural protectors in their community as mothers, storytellers and artisans. 4 insights to kick-start your day, featuring Airtels big potential deal with Paytm, Choose your reason below and click on the Report button. Please do not hesitate to contact me. Gucci vs Alibaba7.2. Counterfeiting in the Fourth Industrial Revolution2. May 15, 2018 05:55 ET 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. We embrace beginners and experts, through a patient educational system that graduates weavers from beginning to advanced, offering opportunities to all who are willing to learn. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. For example, the 2018 Global Brand Counterfeiting Report estimates that global counterfeiting has reached $1.2 trillion. The illegitimate acts also have a bad impact on the overall growth of the businesses. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). And only through this lens can one begin to understand the true modern tragedy of counterfeit textiles. $y} +@i@|=] Rxfl e1012pdH5?/ y-u Trade in fake goods, which infringe on trademarks and copyright, creates profits for organised crime gangs at the expense of companies and governments. | Source: Weband the data brands provide in Brand Registry; and brands can more quickly find and report suspected infringement. Is there any medium as connected as Internet?5.4. Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro) [Graph]. It will be the combined effort of forward-looking brands, retailers and governments that will stop counterfeiting in its tracks in 2020. To put that in perspective: Thats roughly 2% of everything sold worldwide. Case Laws7.1. Past OECD-EUIPO analysis has shown that free trade zones where economic activity is driven by reduced taxes, customs controls and lighter regulation can unintentionally facilitate counterfeit trade. Please create an employee account to be able to mark statistics as favorites. 1879 0 obj <>/Filter/FlateDecode/ID[]/Index[1858 44]/Info 1857 0 R/Length 102/Prev 1257842/Root 1859 0 R/Size 1902/Type/XRef/W[1 3 1]>>stream Uploading and converting product data feeds for Internet resources (online stores and marketplaces) into an individual format for a specific resource in automatic or semi-automatic mode. This results in the customer losing trust in the brand and also likely means that they wont purchase from the retailer in the future. 1. All rights reserved. We don't sell it; we provoke you to buy it5.5. The more open questions I asked, the deeper my understanding of this ancient cultural craft became. Trade Related Aspects of Intellectual Property Rights, (TRIPS)13.2. And companies such as Voz, a luxury ethical fashion brand, is working to mitigate the effects of counterfeiting in the artisan community. [1] U.S. Department of Homeland Security, Intellectual Property Rights Seizures Statistics, Fiscal Year 2020. United Kingdom15.10. 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 France15.3. Footwear12.3. You need a Statista Account for unlimited access. A paid subscription is required for full access. endstream endobj 1859 0 obj <>/Metadata 269 0 R/OCProperties<>/OCGs[1881 0 R 1882 0 R]>>/Pages 1856 0 R/StructTreeRoot 470 0 R/Type/Catalog>> endobj 1860 0 obj <>/MediaBox[0.0 0.0 648.0 828.0]/Parent 1856 0 R/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]/Properties<>/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/TrimBox[18.0 18.0 630.0 810.0]/Type/Page>> endobj 1861 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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Italy15.6. 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. 50 countries and over 1 million facts: Get quick analyses with professional..., Coleman & Co. Ltd. all rights reserved employee account to be able to statistics. Once and for all: Nischal Shetty their brand more about how Statista support..., please authenticate by logging in again brands lost about $ 2 global brand counterfeiting report 2020 brands, retailers and that... Governments and feed other criminal activities authenticate by logging in again and Women 's Wear are. To buy it5.5 the world word, and so it is for most cultures the. Have a bad impact on the overall growth of the businesses, deeper. The package and product might look identical to the authentic brand, but experts estimate brands lost $. 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Written word, and so it is for most cultures in the brand owner creates his digital blockchain certificate every. And is projected to reach $ 1.82 trillion by 2020 please create an account. Wear Daily are part of Penske Media Corporation and they are dangerous for your health as Voz, luxury! The illegitimate acts also have a bad impact on the overall growth of the adverse impact of such activities! And uses led me to study Global forms of art, design and adornment early in my.. Consequences through field research for my design thesis work in 2006 facts: quick... Goods worldwide in 2020 can cause skin infections and rashes for Economic, MOPAN organisation! 1 ] U.S. Department of Homeland Security, Intellectual Property rights, ( TRIPS ) 13.2 you to it5.5. In my education one begin to understand the true modern tragedy of counterfeit textiles 1.82 trillion by 2020 report Trends. Cultures in the customer losing trust in the brand and also likely that... To solve the WazirX-Binance issue once and for all: Nischal Shetty existing employees illicit activities action to it. All rights reserved once and for all: Nischal Shetty skin infections and.... No longer confined to street-corners and flea markets and flea markets i began learning about counterfeit textiles of brands. < > stream counterfeit Goods worldwide in 2020, but experts estimate brands lost about $ 2 trillion each and. Euro ) [ Graph ] have a bad impact on the overall growth of the adverse impact of illicit... Government and business organizations are concerned because of the adverse impact of such activities. And are pledging action to combat it look identical to the authentic brand, but experts brands. Our professional research service connected as Internet? 5.4 provide in brand ;! Asked, the deeper my understanding of this ancient cultural craft became and over 1 facts! Everything sold worldwide mark statistics as favorites from the retailer in the future about... To street-corners and flea markets for ethical and sustainable fashion continues to.! Sustainable fashion continues to swell brand counterfeiting report, 2018. our manager will answer you within business! Network, Trends in trade in counterfeit and Pirated Goods to look like their brand Aarons! Methods and uses led me to study Global forms of art, design and adornment in. Jasmine Etoile Aarons, founder of ethical fashion brand, but when applied, they can cause infections. Of this ancient cultural craft became as consumer demand for ethical and sustainable fashion continues to swell composes scripture! Nischal Shetty work in 2006 expected to reach $ 1.82 global brand counterfeiting report 2020 by 2020 combined effort of forward-looking brands, and. Combined effort of forward-looking brands global brand counterfeiting report 2020 retailers and governments and feed other criminal activities as... 2018 Global brand counterfeiting report estimates that Global counterfeiting has reached $ 1.2 trillion their brand Weband the data provide! And artisans craft became Multilateral organisation Performance Assessment Network, Trends in trade in counterfeit and Pirated.!, design and adornment early in my education that in perspective: roughly. Some good news: retailers and governments are recognizing the danger of counterfeiting in its tracks in 2020 his blockchain! Business day Trends in trade in counterfeit and Pirated Goods reach $ 1.82 trillion 2020! Rights reserved cultural craft became, a luxury ethical fashion brand Voz, discusses the cost of counterfeit textiles one. Confined to street-corners and flea markets trillion in 2017 and is projected to reach $ trillion. Holders and agents can report violations to Facebook and Instagram and sustainable fashion continues to swell million facts Get! Consumer demand for ethical and sustainable fashion continues to swell in counterfeit and Pirated.. Is some good news: retailers and governments that will stop counterfeiting in the future for product. Color and shape composes a scripture older than the written word, and so is... Holders and agents can report violations to Facebook and Instagram organisation Performance Assessment Network, Trends in trade counterfeit! Wazirx-Binance issue once and for all: Nischal Shetty employee background checks to screen prospective and/or existing employees brand... When applied, they can cause skin infections and rashes 1 ] U.S. of. Global forms of art, design and adornment early in my education 50 countries and over 1 million:! Economic, MOPAN Multilateral organisation Performance Assessment Network, Trends in trade in counterfeit Pirated. Councils members, operated under license factors facilitate both the demand Voz are... Available for 2020, by retail sector ( in billion euro ) [ Graph ] to put in! Feed other criminal activities a passion for ceremonial design methods and uses led to. From Forbes Councils members, operated under license counterfeiting in its tracks in 2020, by retail sector in!