Counterfeit consumer good

Top countries whose IP rights are infringed
% total value of seizures, excludes online piracy [1]

  United States (20%)
  Italy (15%)
  France (12%)
  Switzerland (12%)
  Japan (8%)
  Germany (8%)
  United Kingdom (4%)
  Luxembourg (3%)
  Finland (2%)
  Spain (2%)
  Other (14%)

Provenance of counterfeit goods in 2013[1]

  China Mainland (63.2%)
  Hong Kong (21.3%)
  Turkey (3.3%)
  Singapore (1.9%)
  Thailand (1.6%)
  India (1.2%)
  Morocco (0.6%)
  UAE (0.5%)
  Pakistan (0.4%)
  Egypt (0.4%)
  Other (5.6%)

Counterfeit consumer goods are goods illegally made or sold without the brand owner's authorization, often violating trademarks. Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications. Typically of lower quality, counterfeit goods may pose health and safety risks.

Various organizations have attempted to estimate the size of the global counterfeit market.[2] According to the OECD, counterfeit goods made up approximately 2.5% of global trade in 2019, with an estimated value of $464 billion.[3] Sales of counterfeit and pirated goods are projected to reach €1.67 trillion (approximately $1.89 trillion USD) by 2030.[4]

  1. ^ a b "Global trade in fake goods worth nearly half a trillion dollars a year". OECD & EUIPO. April 18, 2016. Archived from the original on June 2, 2016. Retrieved February 20, 2024.
  2. ^ Bharadwaj, Vega; Brock, Marieke; Heing, Bridey; Miro, Ramon; Mukarram, Noor (2020). "U.S. Intellectual Property and Counterfeit Goods—Landscape Review of Existing/Emerging Research". SSRN Electronic Journal. doi:10.2139/ssrn.3577710. ISSN 1556-5068.
  3. ^ "Global Trade in Fakes". OECD. June 21, 2021. Retrieved October 11, 2024.
  4. ^ Cite error: The named reference :5 was invoked but never defined (see the help page).