The demand for tamper evident labels is projected to rise at a CAGR of 6% during the forecast period. The global tamper evident labels market share is anticipated to be valued at US$ 19,124.6 Mn in 2022 and is projected to reach US$ 34,249.3 Mn by 2032.
As the product travels through the supply chain to its final client, tamper evident labels or seals include features that show any signs of mistreatment. Manufacturers are working to raise the bar for tamper-evident labels so that it becomes challenging to remove or peel off without inflicting obvious harm. These benefits are anticipated to boost the sales of tamper evident labels during the course of the anticipated term.
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Rising Importance of Tamper Evident Labels to Propel Sales During the Forecast Period
- Tamper evident labels are used in a variety of sectors which gives lucrative opportunities to the manufacturers of tamper evident labels. Lip balms, for example, have standardized tamper labels in the beauty business to show if the product has been opened previously. This prevents consumers from applying previously used lip balms and helps to eliminate the risk of infection caused by the application of overused balms.
- The demand for tamper evident labels is growing as they are used in the electronics industry to disguise packaging of televisions, washing machines, and refrigerators. Silver void labels are double-layered stickers with a metallic appearance on the outside and the word void on the inside when the outer layer is removed.
Competitive Landscape-
As the tamper evident labels manufacturers operate in a competitive industry, they are always upgrading their current offerings and producing new products. This feature, along with increased government laws to combat counterfeits and thefts, presents positive growth opportunities in the tamper evident labels market.
Manufacturers of tamper evident labels are creating new innovative functional designs that indicate tampering. Key manufacturers are leveraging e-commerce and social media names to capitalise on increased consumer preference for purchasing products via online sales channels.
The key market players profiled in the report include
- Tesa SE,
- 3M Company,
- Avery Dennison Corporation,
- Sticky things limited,
- Labeling Systems,
- Dunmore Corporation,
- Arjobex Ltd.,
- Peter Lynn Limited,
- Adampak,
- Avery Dennison Corporation, and others.
Recent Developments in the Tamper Evident Labels Market:
- NXP Semiconductors, one of AIPIA’s founding members, unveiled a new family of Near Field Communication (NFC) integrated circuits (ICs) in May 2022, integrating tamper-detection and condition-monitoring features on a single chip.
- VPF 100328, a novel checkerboard sticky paper material for tamper-evident labels with forgery-proof results comparable to similar film technologies, was introduced in April 2022.
- HEBE LIFE® high end products is a UK-based supplements and nutricosmetics firm that offers premium organically sourced health-oriented products.
- Schreiner MediPharm’s innovative Cap-Lock solution combines a cap adaptor and a label to hermetically seal prefilled syringes while clearly indicating any first opening.
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Key Market Segments in the Tamper Evident Labels Market
By Material Type :
- PET
- Paper
By Technology :
- RFID
- NFC tags
- Sensing labels
By End Use :
- Food
- Beverages
- Alcoholic
- Non-alcoholic
- Cosmetic & Personal care
- Liquor
- Pharmaceuticals
- Others (electronics, chemicals etc.)
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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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