The tamper-evident label market is estimated to be worth US$ 19.8 Billion in 2024 and is projected to be valued at US$ 27.2 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 3.2%.
Over the course of the projection years, the market will continue to rise due to increasingly strict rules requiring tamper-evident labels across a variety of industries, including pharmaceuticals, food and beverage, cosmetics, and consumer goods.
The public regularly raises concerns about the items’ health and safety measures as well as the potential for phony labeling to be legitimate. The exclusive goal of security is to protect customers from attempts at fraud, tampering, and contamination. This is the main factor contributing to the market’s expansion, by far.
Because customers are more aware of the risks associated with product tampering and the significance of product safety, tampered labels are growing in popularity. Companies that produce and market goods concentrate on strategies meant to assist consumers in appreciating the value of tamper-evident features in order to increase customer trust and confidence in their offerings.
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Green initiatives in the industry wider becoming stronger rivals that can use eco-friendly tamper evidence. Manufacturers are into all kinds of things with alternative materials and recycling options to get a little carbon in the tamper-evident labels to maintain product integrity. The demand for tamper-evident labels has increased to secure the supply chain, ensure product authenticity, and mitigate the risk associated with cross-border trade. The increasing trend towards personalization and customization of packaging is influencing the tamper-evident market growth.
Key Takeaways
- From 2019 to 2023, the tamper-evident label market expanded at a CAGR of 2.5%.
- Based on technology, the RFID segment is expected to have a market share of 57.3% in 2024.
- The demand for tamper-evident labels in China is predicted to grow at a CAGR of 5.7% through 2034.
- In the United States, the tamper-evident label industry is estimated to register a CAGR of 2.1% from 2024 to 2034.
- United Kingdom is projected to expand by a CAGR of 3.8% between 2024 and 2034.
- The tamper-evident label market in Japan is anticipated to record a CAGR of 2.9% during 2034.
“The increasing regulatory compliance and technological innovation in e-commerce expansion are driving the tamper-evident label market,” says an FMI analyst.
Competitive Landscape
Major organizations use partnerships, expansions, mergers and acquisitions, and collaborations. Prominent companies are also expanding their product portfolios by introducing new products.
Businesses spend money on R&D to create novel tamper-evident labeling systems. Improve product security by creating cutting-edge security features like holograms, color-shifting inks, RFID integration, and blockchain identification.
- Adampak – provides RFID labels for various markets and major international corporations. Examples include library systems, airline baggage tags, and carton and pallet labels for the logistics sector.
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Future Market Insights offers an unbiased global tamper evident label market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034
To understand opportunities in the tamper-evident label industry, the industry is segmented based on Product (Pressure Sensitive Labels, Shrink Labels, Stretch Labels, Wet Glue Labels, Others (In-mold, Pre-gummed, etc.) By Technology (RFID, NFC tags, EAS, Sensing labels, Electronics Shelf Labels) By printing technology (Flexographic, Digital, Gravure, Offset, Letterpress) By End Use (Food, Beverages, Healthcare, Cosmetics & Personal Care, Homecare & Toiletries, Chemicals, Others Industrial) Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
About the Packaging Division at Future Market Insights
The packaging team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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