Health warning: COVID-19 and the rise of counterfeits

The market share for counterfeit goods has increased significantly over recent years, with a 2019 report by the EU Intellectual Property Office and Organisation for Economic Co-operation estimating trade in counterfeit goods to have increased from 2.5 % in 2013 to now approximately 3.3% of global trade. The report values the market of counterfeits goods to be in the region of USD $509 billion, up from $461 billion.