Global child resistant packaging market is expected to rise to an estimated value of USD 30.12 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the manufacturers adopting effective but attractive packaging methods that do not compromise on the aesthetic appeal of the product.
The child resistant packaging market research report is a well-researched research manual which includes the first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry professionals and industry applicants across the world. The report offers a detailed analysis of child resistant packaging market trends, macro-economic indicators, and leading factors along with market attractiveness as per segments. The report also maps the qualitative impact of several market factors on market segments and geographies. The report is valuable to everybody right from a market expert, research master, investigator, manager or an employee.
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The child resistant packaging market research report is the authoritative investigation of the worldwide child resistant packaging market. It offers a total market standpoint and improvement rate during the past, present, and the conjecture time frame, with succinct examination; child resistant packaging market adequately characterizes the market esteem, volume, value pattern, and advancement openings. The complete, adaptable and cutting-edge data on child resistant packaging market is given in this report. It contains an assortment of scientific and factual information empowering the readers to have a total outline and an in-depth learning of child resistant packaging market. It gives intensive knowledge about product cost, applications, real industry players, import/export information and child resistant packaging competition.
Key Market Competitors: Global Child Resistant Packaging Market
Few of the major competitors currently working in the global child resistant packaging market are
- Amcor Limited;
- Berry Global Inc.;
- Gerresheimer AG;
- Greenlane Ventures;
- WestRock Company;
- Bilcare Limited;
- RPC Bramlage Division;
- Winpak Ltd.;
- Sun Grown Packaging;
- O.Berk Company, LLC;
- MJS Packaging;
- Kaufman Container;
- Ecobliss Holding BV;
- Mold-Rite Plastics;
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Increasing awareness regarding the benefits and effectiveness of these packaging methods to prevent children from ingesting harmful products is expected to drive the growth of the market
Increasing presence of strict regulations from the authorities regarding the prevention of involuntary children poisoning is expected to drive the growth of the market
Reluctance in adoption of these packaging products & methods from the various end-users due to the complications in opening the packages is expected to restrain the growth of the market
Vigorous assessment of product effectiveness which involves testing the efficacy of the product from a collective group of children aged 42-51 months and adults above 60 years; this factor is expected to restrain the growth of the market
Table of Contents
5.Global, By Component
Segmentation: Global Child Resistant Packaging Market
By Packaging Type
By Product Type
Caps & Closures
Push & Turn
Squeeze & Turn
Blister & Clamshells
Joint Container Tubes
Bags & Pouches
By Material Type
High-Density Polyethylene (HDPE)
Low-Density Polyethylene (LDPE)
Linear Low-Density Polyethylene (LLDPE)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Ethylene Vinyl Alcohol (EVOH)
Paper & Paperboard
By End-Use Industry
Chemical & Fertilizers
Food & Beverages
Cosmetics & Personal Care
Home Care & Toiletries
Middle East & Africa
Key Developments in the Market:
In May 2019, TriMas announced that they had acquired TAPLAST S.p.a. for an undisclosed amount, expanding their products and service providing capabilities to the packaging market due to TAPLAST S.p.a.’s renowned capabilities in providing caps, closures, dispensing packaging products and child-resistant packaging solutions. The company will begin operating as a subsidiary of TriMas’s packaging business “Rieke”.
In January 2019, Greenlane Ventures announced that they had completed the acquisition of Pollen Gear, a company they had previously partnered with for providing cannabis consumers products that promote safety and controlled consumption. Pollen Gear is focused on designing and supplying of child-resistant packaging solutions which will be involved in Greenlane businesses helping them expand their supply chain capabilities and packaging knowledge.
Competitive Analysis: Global Child Resistant Packaging Market
Global child resistant packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of child resistant packaging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
Complete market analysis and forecasting
Market definition, understanding the concept of child resistant packaging
Market drivers and restraints of the industry
Market segmentations and market share divided amongst them
Key players in the market and their analysis
An absolute way to forecast what future holds is to comprehend the trend today!
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