Market research future published a half cooked research report on global Child resistant packaging market. The market for global Child resistant packaging market is expected to grow over the CAGR of around 4% during the period 2016 to 2023
Market Highlights
The child resistant 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 resistant 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.
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Key Players
The key players of global Child resistant 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.) .
Market Research Analysis
Based on the types of child resistant 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 resistant 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 resistant 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.
Scope of the Report
This study provides an overview of the global child resistant 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 resistant 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
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Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continues…
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