Press release
Child Resistance Packaging Market Analysis, Technologies & Forecasts Report 2016-2023
Global Child Resistance Packaging Market Information by Type (Reclosable Packaging, Non-reclosable Packaging, Special Blister Packaging), By End-Use (Personal Care, Chemicals, Pharmaceuticals) and By Region – Forecast to 2023
Market Highlights
The child resistance packaging market is majorly driven by the increasing concern about non-fatal poisoning and child deaths caused by the intake of harmful substances such as pesticides, prescribed drugs, chemicals and others. The child resistance packaging market is majorly being driven by the increase in demand for such packaging from the industries manufacturing various harmful chemical and pharmaceutical products. However, the growth of this market is expected to be restrained by the high cost related to the production and testing of child resistant packages.
The child resistance packaging market is expected to grow with 4% CAGR during the forecast period.
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Market Research Analysis
Based on the types of child resistance packaging, the market has been segmented as reclosable packaging, non-reclosable packaging and special blister packaging. The non-reclosable packaging segment is expected to dominate the market as it has the ability to ensure high level of protection to each unit of a pharmaceutical drug or other harmful substances. Non-reclosable packaging also ensures longer shelf-life, hygiene and the ability of providing only one dose at a time, thereby driving the growth of the market.
Based on end-use, the child resistance packaging market has been segmented as personal care, chemicals and pharmaceuticals. The pharmaceutical segment is expected to grow the fastest during the forecast period. The growth can be attributed to the packaging of drugs and dietary supplements, which need to be protected from the reach of the children. Pharmaceutical products that require the use of child resistance packaging include aspirin; prescription and controlled drugs; products containing more than 1 gram of acetaminophen, products containing 1 gram or more of ibuprofen; products containing more than the equivalent of 66 mg of diphenhydramine base; and products containing more than 0.045 mg of loperamide.
Key Players
The key players of global Child resistance packaging market include Sun Grown Packaging (U.S.), O.Berk Company, LLC (U.S.), MJS Packaging Inc (U.S.), Kaufman Container (U.S.), Mold-Rite Plastics, LLC (U.S.), Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Ecobliss B.V. (Netherlands), Global Closure System (France), and WestRock Company (U.S.) .
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Scope of the Report
This study provides an overview of the global child resistance packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global child resistance packaging market by its type, end-use and region.
By Type
• Reclosable Packaging
• Non-reclosable Packaging
• Special Blister Packaging
By End-Use
• Personal Care
• Chemicals
• Pharmaceuticals
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
The report for global child resistance packaging market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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