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What Are The Most Counterfeited Goods

January 13, 2014

According to countless analysts warning against this dangerous phenomenon, the global economy loses huge amounts of money as a result counterfeiting activities. Despite the losses and the ceaseless efforts put into shutting these underground activities down, only a small part of counterfeiters are actually detected and the vast majority of counterfeited goods are still on the market. If the reasons behind counterfeiting are obvious, some might ask themselves which are the preferred products.

1. Leather goods

Economic studies show that leather goods like bags, belts and wallets make 40% of the total when it comes to counterfeited products. With fashion trends changing at such a rapid pace, consumers find it difficult to keep up with them. Willing to remain trendy, but faced with a financial challenge, the solution comes in handy: buying similar products that look like the original, but don’t cost a fortune. This way anyone can afford a Louis Vuitton, Dolce & Gabana or a Dior bag.

2. Accessories

Being trendy also means wearing the appropriate accessories. This is why watches and jewelry represent the second largest category of counterfeited goods, amounting up to 10% of the total. Among watches, Rolex seem to be the counterfeiters’ as well as the buyers’ favorite. When talking jewelry, the array is a lot more varied. Seeing counterfeited jewelry pieces on local fairs’ stalls does not surprize anyone. However, it seems that the preferred way of selling fake earrings, necklaces and bracelets are well known auction sites like eBay. The latter actually won a lawsuit intended by Tiffany & Co. on this very subject.

3. Clothes and shoes

Counterfeiting goods seem to be all about fashion as the third category of such products refers to clothes and shoes. Brand names like Nike, Dolce & Gabana and Chanel can be seen on display in the most trivial places at ridiculous prices. Despite their obvious interest in trends and appearance, consumers switch very easily to fake products when the price is attractive.

4. Media

A slightly different category than the above mentioned manufactured goods, media products are digital counterfeiters’ beloved target. Despite always more severe copyright infringement laws and penalties, movies and songs continue to be copied and sold illegally, be it on market stalls, at street corners, in shops and via the internet.

5. Pharmaceuticals and beauty products

Despite the obvious health risk involved and the numerous campaigns on this topic, people continue to buy (even knowingly) counterfeited drugs and cosmetic products. The main categories when it comes to pharmaceuticals are especially weight loss and herbal mixtures, which usually come with promises of immediate and miraculous effects.

Computers and IT accessories, mobile phones and other types of such gadgets and devices, toys and electronic games are also on the list of most counterfeited products. The main countries these fake goods come from are China and India, but Singapore is also on top when it comes to jewelry and Thailand is an aggressive competitor in the field textile products.

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