PUBLISHER: Allied Market Research | PRODUCT CODE: 1139980
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139980
The global child-resistant packaging market size was $23,154.1 million in 2021, and is projected to reach $43,976.54 million by 2031, registering a CAGR of 6.5% from 2022 to 2031.
Child-resistant package is a type of package designed to make it difficult for children to open and ingest harmful substances. Such packaging prevents children from accessing the contents of the package, such as medicines. This packaging, which includes a special safety cap, is tried and tested to prevent infants from opening it.
The child-resistant packaging is applicable in various industries such as health-care, pharmaceutical, food & beverages, and cosmetic products. The child-resistant packaging is most often used for packaging medications, drugs, electronic cigarettes containing nicotine, pesticide, adhesives, and other harmful chemicals. Further, in pharmaceutical industry, the child-resistant packaging is essential for over-the-counter drugs, medical kits, syringes, and prescription medicines. The child-resistant packaging is essential to keep children safe from harmful chemicals and poisoned substances. In addition, this packaging is used in storage of automotive chemicals, oils, carburetor cleaners, solvents, metals cleaners, and adhesives for preventing children from direct exposure to these materials. Moreover, child-resistant packaging containers use a special lid type caps that are difficult to access by children. Furthermore, harmful pesticides and fertilizers are stored in child-resistant packaging containers so that children do not gain access to these substances.
The global child-resistant packaging market is segmented on the basis of product type, material, end-user industry, and region. Depending on product type, the market is divided into caps and closures, blisters, and others. According to material, the market is classified into plastic, metal glass, and paper & paperboard. As per end-user industry, the market is categorized into food & beverage, pharmaceutical, personal & homecare, and others. Region wise, the global market analysis is conducted across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the child-resistant packaging market are Amcor Plc, Bemis Manufacturing Company, Berry Global Group, Inc., Bilcare Limited, Closure Systems International (CSI), Constantia Flexibles, Gerresheimer AG, KushCo Holdings, WestRock, and Winpak Ltd.
Key Benefits For Stakeholders
Key Market Segments
By Material
By End-user industry
By Product type
By Region