Global Tamper Evident Labels Market Size By Type (RFID Tags, Barcode), By End-Use (Food And Beverages, Cosmetic & Personal Care), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Tamper Evident Labels Market Size By Type (RFID Tags, Barcode), By End-Use (Food And Beverages, Cosmetic & Personal Care), By Geographic Scope And Forecast
Tamper Evident Labels Market Size And Forecast
Tamper Evident Labels Market size was valued at USD 13.21 Billion in 2021 and is projected to reach USD 21.54 Billion by 2030, growing at a CAGR of 5.68 % from 2022 to 2030.
The increasing focus of the companies on brand protection and consumer confidence will drive the demand for the Global Tamper Evident Labels Market during the forecasted period. The Global Tamper Evident Labels Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Tamper Evident Labels Market Definition
A Tamper-Evident Label is a safety measure; it ensures that it is apparent to consumers if the contents of purchased goods have been interfered with. It is unmistakable; a person can not unseal a label without leaving an obvious trace behind. Hence, Tamper Evident Labels are a key solution to providing added security and authentication to products beyond packaging.
Tamper-evident labeling systems use multiple technologies ranging from Pressure Sensitive Labelers to Cold Glue Labelers. Various technologies that are used in tamper-evident labels are RFID tags, NFC Tags, and barcodes, and are commonly used in applications like food and beverage, chemical products like cleaning and laundry detergents, cosmetics, and over-the-counter drugs.
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Global Tamper Evident Labels Market Overview
Increasing emphasis on product packaging and labeling to ensure product safety and widespread application across different industries like automobile, food, and beverages, and pharma is expected to boost the demand for tamper-evident labels in the market. The growing possibilities of bioterrorism and other threats to the food supply chain that can create massive losses to the processors, retailers, and consumers are further driving the demand in the Tamper Evident Labels Market.
The manufacturers in the market operate in a competitive industry, due to which they keep on improving their current offerings and developing new products. Together with the increase in government regulations to overcome counterfeits and thefts, this factor provides positive growth opportunities in the market. The increasing emphasis on preventing pilferage and product labeling policies in the pharmaceutical industry will act as a great opportunity for the Global Tamper Evident Labels Market to grow during the forecasted period.
Global Tamper Evident Labels MarketSegmentation Analysis
The Global Tamper Evident Labels Market is Segmented on the basis of Type, End-Use, And Geography.
Tamper Evident Labels Market, By Type
- RFID Tags
- Barcode
- NFC Tags
Based on Type, The market is segmented into RFID Tags, Barcode, and NFC Tags. Manufacturers in the Tamper Evident Labels Market persistently seek barcode technology which provides cost-effective and reliable methods of labeling. However, with the increasing focus on digitization, the RFID and NFC tagged tamper evident labels will witness the most attractive growth both in terms of value and volume during the forecasted period.
Tamper Evident Labels Market, By End-Use
- Food And Beverages
- Cosmetic & Personal Care
- Liquor
- Pharmaceuticals
Based on End-Use, The market is segmented into Food And Beverages, Cosmetic & Personal Care, Liquor, and Pharmaceuticals. The cosmetic and personal care products are anticipated to dominate the Global Tamper Evident Labels Market due to the need for original and pure products in this category.
Tamper Evident Labels Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Tamper Evident Labels Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific region is expected to grow at a healthy rate during the forecast period, primarily driven by the growth in developing countries such as India and China. At the same time, the demand for tamper-evident labels is expected to be high in the U.S. due to the FDA’s stringent rules and regulations. The Middle East and Africa are expected to witness stagnant growth in the market over the forecast period.
Key Players
The “Global Tamper Evident Labels Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Sticky Things Limited, Tesa SE, Avery Dennison Corporation, 3M Company, Dunmore Corporation, Peter Lynn Limited, Adampak, Paragon Print Systems, Inc., MaverickLabel.Com, Inc., HERMA, Luminer Converting Group In, Resource Label Group, Tailored Label Products, Inc., TECHNICODE, INC., etc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In May 2022, NXP Semiconductors, one of the earliest members of AIPIA, released a new family of Near Field Communication (NFC) integrated circuits (ICs) featuring tamper-detection and condition-monitoring functionality on a single chip. The NTAG 22x DNA family of NFC tags is designed for use in consumer brands, as well as with healthcare and smart-home products. It includes cryptographic security and either conductive or capacitive tamper protection and can be built with capacitive sensing-based moisture, pressure, or fill-level detection.
- In April 2022, VPF has launched VPF 100328, a new checkerboard adhesive paper material for tamper-evident labels with forgery-proof results equal to similar film technologies. Security labels for first-opening, tamper, and tamper-evident protection have mainly been made of film materials. VPF has developed an adhesive material that also meets the market’s high demands when using a paper face material. In case of any manipulation, the adhesive paper leaves behind a white checkerboard pattern after opening, as previously only known from film labels. The non-adhesive checkerboard pattern on the substrate prevents any attempt of reattachment after being detached.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Billion) |
Key Companies Profiled | Sticky Things Limited, Tesa SE, Avery Dennison Corporation, 3M Company, Dunmore Corporation, Peter Lynn Limited, Adampak. |
Segments Covered | • By Type |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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