European Counterfeiting Observatory Report 2024

In January 2024, the European Observatory for the Protection of Intellectual Property Rights launched a new report on the economic impact of counterfeiting on sales in the EU in three sectors:

• Clothing: It is estimated that the clothing industry will lose almost EUR 12 billion in revenue/year in the period from 2018 to 2021.

• Cosmetics: Sales of cosmetic products lost due to counterfeiting are estimated at EUR 3 billion.

• Toys: Toy sales are estimated to have lost almost EUR 1 billion in sales.