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Tamper Evident Packaging Market Report, Size 2021: Global Trends, Top Players Updates, Future Plans

Author : univdatos
Publish Date : 2021-10-27 11:39:31
Tamper Evident Packaging Market Report, Size 2021: Global Trends, Top Players Updates, Future Plans

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.

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.

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).

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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.

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
    • The United States
    • Canada
    • Rest of North America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of World

Top Company Profiles

  • Enercon Industries Corporation
  • Interpack Ltd.
  • DuPont
  • Schreiner Group
  • ProAmpac
  • Placon
  • Dynacorp
  • Seal King Europe
  • Harcor Security Seals

For more informative information, please visit us – https://univdatos.com/report/tamper-evident-packaging-market/

Final Report will add the analysis of the impact of COVID-19 on this industry.”

In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?

  • The market report presents the estimated market size of Tamper Evident Packaging Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
  • Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
  • The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
  • The various parameters accelerating the growth of Market are incorporated in the research report.
  • The report analyzes growth rate, market size and valuation of the Market during the forecast period.

For more informative information, please visit us – https://univdatos.com/report/tamper-evident-packaging-market/

What aspects regarding the regional analysis Market are included in this report?

  • Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
  • The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
  • The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
  • Based on what factors are the key market players assessed in this report?
  • The report offers detailed analysis of leading companies in the market across the globe.
  • It provides details of the major vendors involved in the Market including Key Players
  • A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
  • the manufactured products is incorporated in the report.
  • The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
  • The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

  • Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
  • The report offers the present scenario and future growth prospects

Category : business

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