The value of illicit trade is estimated at 8-14% of the global economy, approximately the size of China’s total economic output in 2014. With the rise of globalization, an increasing number of goods and brands are affected by fraud, contraband and other illicit activities, impacting almost every market. As illicit players become more sophisticated and well-resourced, lawful brand owners and manufacturers need to react to prevent millions in lost revenue.
Download this white paper to:
- Understand the structure, drivers and development of illicit trade
- Define strategies to deal with fraud
- Dive into a case study on alcoholic drinks in Latin America