Tamper Evident Packaging Market Size

Tamper Evident Packaging Market size was valued at USD 1.89 billion in 2023 and is set to exceed USD 5.27 billion by 2036, expanding at over 8.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of tamper evident packaging is estimated at USD 2.01 billion.

This can be accreted to the strict advisory of FDA or 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. 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 in the near future. 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.