Wednesday, September 22, 2021

Tamper Evident Packaging Market Report, Growth Segments - Business Size with Forthcoming Developments, Share, Revenue and Global Trends Forecast

 

Tamper evident food packaging is designed with special closures that make it apparent if the container has been opened, unsealed, or broken. If sellers are selling packaged items, broken closures alert customers to potential product tampering so that users can dispose of the item. Most importantly, it assures the customer that the items they purchase are fresh, safe, and have not been handled by anyone after being packaged. The U.S. Food and Drug Administration regarding the usage of tamper-evident packaging by pharmaceutical and consumer goods industries. In addition to this, the expansion of the pharmaceutical and food industries in developing countries such as India & China is a growth driving factor for the Tamper-Evident Packaging Market. According to a US Foods study of food delivery services, more than 1 in 4 drivers (28%) admit to taking food from the orders they were delivering. A total 54% admitted that the smell of food tempted them. If a delivery driver takes a few fries from a customer’s order, it is more likely the customer will blame the restaurant for the short in their order, not their delivery driver. This ruins sellers customer’s experience, and it can drive up their food costs or even lose business from angry customers.

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An economical means of providing protection, presentation, identification, information, and convenience for a pharmaceutical product from the moment of production until it is used or administered. Drugs need more care in their packaging than do most other products because any failure in their packaging could result in changes in the drug that lead either to a failure to cure to illness to injury or even to death of the patient. Additionally, modern packaging needs to be child resistant and tamper evident. Convenience, ease of use, hygiene package integrity and new dispensing methods must now also be provided for patient.

Tamper evident tape is designed to provide extra protection and security when transporting large products. When shipping items like cartons, crates, and large boxes, tamper evident tape keeps the items sealed and prevents them from being prematurely opened. Increasing consumer awareness regarding the safety of the product before buying or using them is projected to boost the global tamper-evident packaging market growth soon. Additionally, various government bodies across the globe are making guidelines and policies regarding product safety and packaging which is further estimated to boost the market growth.

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The COVID-19 pandemic has led to an enormous increase in restaurant delivery and takeout sales. In fact, a recent Dalhousie University study found that the number of Canadians ordering food once a week increased from 29.6% to 45.4% between the beginning of the pandemic and November 2020. The trend is likely to continue – the same study also suggests that almost half of all Canadians intend to continue to order food online at least once a week. Unfortunately, with people ordering food more frequently, the risk of food tampering has never been higher. A survey conducted by US Foods found that out of the 500 food delivery drivers surveyed, one in four admitted to eating delivery food before it reached the customer’s home. This has the potential to pose a serious health risk to customers and reflect negatively on the restaurant they are ordering from.

The tamper evident packaging product the market is fragmented into shrink sleeves, induction seal, film wrappers, blister packs, bubble packs, and others. The film wrappers segment generated revenue of USD X million in 2020.

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Based on material types, the market is fragmented into plastics, glass, paper lids, metal, and others. The paper lids segment generated revenue of USD X million in 2020.

Based on the end-use, the market is fragmented into food & beverage, cosmetics & personal care, vacuum, pharmaceutical, and others. The food & beverage segment generated revenue of USD X million in 2020 and is anticipated to reach USD X million by the year 2027, growing at a CAGR of X% over the forecast period (2021-2027).

Tamper Evident Packaging market has been analyzed worldwide in the regions such as North America (United States, Canada, and Rest of North America), Europe (United Kingdom, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of APAC), and Rest of World. North America is expected to hold the largest share in the market during the forecast period owing to raising awareness regarding safety among consumers.

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Enercon Industries Corporation, TRACO, Interpack Ltd., Dupont, Schreiner Group, ProAmpac, Placon, Dynacorp, Seal King Europe, and Harcor Security Seals. Several M&A’s along with partnerships have been undertaken by these players to develop Tamper Evident Packaging market.

Tamper Evident Packaging Market Segmentation

Market Insight, by Product Type

·       Shrink Sleeves

·       Induction Seal

·       Film Wrappers

·       Blister Packs

·       Bubble Packs

·       Others

Market Insight, by Material Type

·       Plastic

·       Glass

·       Paper Lids

·       Metal

·       Others

Market Insight, by End-Use

·       Food & Beverage

·       Cosmetics & Personal Care

·       Vacuum

·       Pharmaceuticals

·       Others

Market Insight, by Region

·       North America

o   The United States

o   Canada

o   Rest of North America

·       Europe

o   United Kingdom

o   Germany

o   France

o   Italy

o   Spain

o   Rest of Europe

·       Asia-Pacific

o   China

o   Japan

o   India

o   South Korea

o   Rest of Asia Pacific

·       Rest of World

Top Company Profiles

·       Enercon Industries Corporation

·       TRACO

·       Interpack Ltd.

·       DuPont

·       Schreiner Group

·       ProAmpac

·       Placon

·       Dynacorp

·       Seal King Europe

·       Harcor Security Seals

 

Table of Content –

1 Market Introduction

2 Research Methodology or Assumption

3 Market Synopsis

4 Executive Summary

5 Global Tamper Evident Packaging Market, (USD Mn), 2019-2027

6 Market Insights by Product Type

7 Market Insights by Material Type

8 Market Insights by End Use

9 Market Insights by Region

10 Tamper Evident Packaging Market Dynamics

11 Demand and Supply Side Analysis

12 Value Chain Analysis

13 Tamper Evident Packaging Market Opportunities

14 Tamper Evident Packaging Market Trends & Insights

15 Competitive Scenario

16 Company Profiled

17 Disclaimer

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