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Technological advancement coupled with feasibility in packaging protection has changed the scenario of the packaging industry over the course of time. Since time immemorial, manufacturers and producers are coming up with different solutions to enhance and protect their products from any unauthorized access, which in turn makes consumers not only meet their needs but also surpass their expectations. Tamper- evident adhesives are one of the evolving technology in adhesives, which offers cost-effective and innovative packaging solutions for specific applications such as pharmaceutical packaging. From the security point of view, tamper evident is the best solution to the packaging industry as it help deter theft while providing convenient asset-tracking abilities for more efficient asset application. Both of these benefits produce real cost savings for industries. This multi- million dollar industry is growing at a fast speed in order to meet consumers demand. For instance, some pharmaceutical manufacturers are focusing in product innovating and adding up more technologies into tamper-evident adhesives in order to improve the security of pharma box packs. By which, the adhesive will leave a clear visible evidence of tampering.

Tamper-evident Adhesives Market: Drivers and Restraints

Constant advancement in the pharmaceutical packaging market has experienced a double digit growth, which in turn has led the growth of tamper–evident adhesives market as it deliver a product protection and security needs. Furthermore, the repetitive cases of counterfeiting from the past few years in the pharmaceutical industry is fuelling the tamper-evident adhesives market. For instance, according to WHO, almost 10% of medicines are counterfeit across the globe, which has become a major concern for the food and drug manufacturers.

Additionally, some features that is unacceptable for tamper evident adhesives are the type of materials which are being used in adhesives, such as polystyrene, cellulose and thermal plastics do not offer adequate evidence of tampering on the product, which in turn can be a major challenge to the tamper evident adhesives manufacturers. 

Tamper-evident Adhesives Market: Segmentation

The global tamper evident adhesives is differentiated on the basis of application, adhesives types and technology, that is

Tamper-evident adhesives by application:

  • Spare parts
  • Luxury goods
  • Pharmaceutical products
  • Wines and spirits
  • Chemical drums
  • Others

Tamper-evident adhesives by adhesive types:

  • Permanent adhesives
  • Removable adhesives
  • Repositionable adhesives
  • Cold temperature adhesives

Tamper-evident adhesives by technology

  • Water based
  • Solvent based
  • Hot-melt
  • Reactive
  • Others

Tamper-evident Adhesives Market: Regional Landscape

On the basis of region, tamper-evident adhesives finds its market possibility in North America, Latin America, Middle East & Africa, Europe and Asia-Pacific. North America and Europe dominates the tamper-evident adhesives, however, Asia Pacific is expected to be the most promising region in terms of incremental prospects lying ahead for generating high revenue.  Latin America and Middle East & Africa are on the trail. Tamper-evident adhesives market is highly regulated in North America and Europe. India and China are the key promising countries driving the tamper-evident adhesives market in Asia-Pacific. 

Tamper-evident Adhesives Market: Key Players

Some of the key players of the global tamper-evident adhesives market are 3M Company, Dupont, KRUSE ADHESIVE TAPE, tesa UK Ltd., Avery Dennison, Nordson Corporation, IRPLAST S.p.A., protectaseal ltd, Stickythings Limited., Palmetto Adhesives, Horizons, Inc and DUNMORE.

Going through these points, there is no doubt that tamper evident adhesives market hold good footprint in market in the near future, henceforth, is expected to grow at impressive CAGR during the forecast period, 2016–2024.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

The report covers exhaustive analysis on: 

  • Market Segments
  • Market Dynamics
  • Market Size
  • Value Chain Analysis
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Overview of personal care market 

Regional analysis includes

  • North America (U.S., Canada, Mexico)
  • Latin America (Brazil, Mexico)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa) 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Tamper Evident Adhesives Market