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Tamper Evident Packaging Market Size

Report ID: GMI11851
Published Date: Oct 2024
Report Format: PDF

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Tamper Evident Packaging Market Size

The global tamper evident packaging market size was valued at USD 2.2 billion in 2023 and is estimated to grow at a CAGR of 8.5% from 2024 to 2032, driven by increasing consumer concerns regarding product safety and integrity. As incidents of tampering and contamination become more prevalent, consumers are demanding packaging that provides visible indicators of tampering, enhancing their confidence in product safety. Additionally, stringent regulatory requirements across various sectors, including food and pharmaceuticals, are compelling manufacturers to adopt tamper-evident solutions to ensure compliance and protect public health.

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The rise of e-commerce has also contributed to this trend, as secure packaging reassures customers about the authenticity and safety of their purchases, further fueling the demand for tamper-evident packaging across diverse industries. For instance, in February 2024, Celebration Packaging launched a new range of tamper-evident food containers made with 30% recycled PET, enhancing product safety and recyclability. This innovative packaging solution features a patented safety lock lid, ensuring food integrity and preventing contamination while complying with sustainability goals and reducing plastic packaging tax liabilities.

Tamper Evident Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Tamper Evident Packaging Market Size in 2023:	USD 2.2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	8.5%
2032 Value Projection:	USD 4 Billion
Historical Data for:	2021 - 2023
No. of Pages:	210
Tables, Charts & Figures:	275
Segments covered:	Product Type, Material, End-Use Industry
Growth Drivers:	Increasing awareness of food safety standards Rising incidences of product counterfeiting Surge in e-commerce food delivery services Increasing demand from pharmaceutical and healthcare sectors
Pitfalls & Challenges:	Intense competition from alternative packaging options High production costs for tamper-evident solutions

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Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of tamper-evident packaging reached USD 2.2 billion in 2023 and is set to grow at a CAGR of 8.5% from 2024 to 2032, driven by increasing consumer concerns regarding product safety and integrity.

The blister packaging segment is expected to reach a value of over USD 1 billion by 2032, led by its widespread use in pharmaceuticals, food, and consumer goods for ensuring product protection, safety, and freshness.

The pharmaceuticals segment is the fastest-growing segment with a CAGR of over 10% between 2024 and 2032, due to the heightened focus on product safety and compliance with stringent regulatory standards.

North America held over 35% of the market revenue in 2023, propelled by a robust regulatory framework that mandates stringent safety and quality standards across various industries.

The industry includes key players such as ALPLA Group, Amcor, Berry Global Group, Celebration Packaging, CCL Industries, Constantia Flexibles Group, CONTROLTEK, Coveris Holdings, Essentra, Fortis Solutions Group, Great American Packaging.