According to Cognitive Market Research, the global Tamper Evident Label market size will be USD 24223.71 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 6616.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4962.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3804.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 827.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 330.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
The Pressure Sensitive Labels category is the fastest growing segment of the Tamper Evident Label industry