North America is projected to dominate the Global Child Resistant Packaging Market in 2018-2026

The global market for child resistant packaging was valued at US$ 17,650.9 million in 2017. The global child resistant packaging market value is projected to expand at a CAGR of 6.1% during the forecast period, 2018-2026.

According to the ASTM Index Type, child resistant packaging is segmented into reclosable and non-reclosable packaging type. The child resistant packaging is segmented in the market on the basis of the type of packaging product. Some of them are caps & closure, blisters & clamshells, joint container tubes, bags & pouches, and cartons. The caps & closures are assumed as the first child resistant packaging products developed in the United States to stop children from ingesting hazardous drugs. The important function of child resistant packaging is to prevent children from interacting with poisonous products and drugs. The child resistant packaging products are approved by the regulatory organizations that work in the field of child health care. The child resistant packaging products are tested by arranging a panel of children between 42-51 months and seniors above 60 years.

The child resistant packaging is developed from four types of materials, namely, plastic, glass, metal, and paper. The plastic materials used in the child resistant packaging are polyethylene, polyethylene terephthalate, polystyrene, polypropylene, polyvinyl chloride, and ethylene vinyl alcohol. Plastic is the prominent material used in the child resistant packaging. The blisters & clamshells, caps & closure, pouches & bags, and joint container tubes are manufactured from it. In the global child resistant packaging market, glass material is expected to lose the market share during the forecast period. The global child resistant packaging is used by end-user industries such as pharmaceuticals, food & beverages, cosmetics, homecare, chemical & fertilizers, automotive, cannabis, and tobacco (e-cigarette). In the pharmaceutical industry, child resistant packaging is compulsory for over the counter (OTC) drugs and prescribed medications. Due to this, the pharmaceutical industry is the noticeable end-user for child resistant packaging. In the global child resistant packaging market, pharmaceutical industry accounts for more than 75% of the market share. The stringent regulations made up by health care and drugs regulatory organizations are the key drives in the growth of child resistant packaging for the pharmaceutical industry. Blisters and clamshells, caps & closures and cartons are highly used products by the pharmaceutical industry. Due to new innovations and regulations for drugs packaging, the pharmaceutical industry is expected to dominate the global child resistant packaging market during the forecast period. The cannabis industry and tobacco industry (e-cigarette) are the new markets for child resistant packaging. In North America, legalization of the cannabis industry and regulations for child proof packaging are key factors for the development of new products like joint container tubes and bags & pouches in the child resistant packaging market.

In the global market, North America and Europe are the largest consumers of child resistant packaging. The overall growth in the pharmaceutical industry and child care regulations are the important motives in the development of child resistant packaging market in North America and Europe. In the North American child resistant packaging market, United States is projected to witness fast-paced growth during the forecast period. The German child resistant packaging market is projected to be attractive in terms of market share and incremental dollar opportunity by the end of 2026. Latin America and Middle East & Africa are expected to reach a cumulative market share of near to 10% in the global child resistant packaging market. China, India, and Japan are acting as the key market participants for improving the Asia Pacific child resistant packaging market.

Drivers and Restraints

Rising concerns about child safety and risk of children ingesting harmful chemical and drugs are drivers for the growth of child resistant packaging market. According to The World Health Organization and UNICEF’s World Report on Child Injury Prevention, “Child resistant packaging is one of the best-documented successes in preventing the unintentional poisoning of children.” The regulations and standard for packaging of drugs and chemicals in the child resistant packaging make the essential packaging solution for pharmaceuticals, homecare toiletries, automotive, and chemical & fertilizers. The manufacturers of consumer products are also adopting child resistant packaging to attract more consumers by showing concern for child health. Procter & Gamble developed new child resistant packaging to make laundry pods safer. New child resistant containers for Tide pods are becoming popular due to their safe and attractive packaging. The child resistance packaging manufacturers still compete for creating child resistant packaging which can be senior citizen friendly as well. The reluctance of end-user industry for using the child resistant packaging is restraining the market for child resistant packaging.

child resistant packaging market

Competitive Landscape

Key players operating in the global child resistant packaging market are Constantia Flexibles Group GmbH, Amcor Limited, Bemis Company, Inc, Berry Global, Gerresheimer AG, KushCo Holdings, Inc., WestRock Company, Bilcare Limited, Global Closure Systems, and Winpak Ltd.

In this report, Transparency Market Research offers an 8-year forecast for the global child resistant packaging market between 2018 and 2026. In terms of value, the global child resistant packaging market is expected to expand at a CAGR of 6.1% during the forecast period. The study reveals the child resistant packaging market dynamics in five geographic segments along with market analysis for the current market environment and future scenario over the forecast period of the global child resistant packaging market.

Report Description

This Transparency Market Research report studies the global child resistant packaging market for the period 2018–2026. The prime objective of this report is to offer insights and key market trends about child resistant packaging market that are gradually helping transform global businesses.

The global child resistant packaging market report begins with the executive summary for various categories and their market value and volume share in the child resistant packaging market. To compare the segments of child resistant packaging market on the basis of CAGR and incremental opportunity, the wheel of opportunity is provided with comparative analysis among all the segments. It is then followed by market dynamics and overview of the global child resistant packaging market, which includes TMR analysis of market drivers, restraints, opportunities, and trends that are affecting the growth of the child resistant packaging market. Additionally, to understand the popularity of the child resistant packaging segments, an attractiveness index, and BPS analysis with elaborated insights on the same are provided. These will show the child resistant packaging market’s attractiveness based on factors such as CAGR, incremental opportunity, and market share. To show the performance of the child resistant packaging market in each country and region, BPS, and Y-o-Y growth analysis are provided.

The global market for child resistant packaging is segmented by product type, material, and end-user industry. On the basis of product type, the global market for child resistant packaging is segmented into caps & closures, blister & clamshells, joint container tubes, bags & pouches, and cartons. The caps & closure segment of child resistant packaging market is further segmented into push & turn, squeeze & turn, snap on, and dropper. On the basis of material type, the global market for child resistant packaging is segmented into plastic, glass, metal, and paper & paperboard. On the basis of end-user industry, the global market for child resistant packaging is segmented into pharmaceuticals, food & beverages, cosmetics & personal care, home care & toiletries, chemical & fertilizers, automotive, cannabis, and tobacco.

The next section of the report highlights the child resistant packaging market, by region, and provides the market outlook for 2018–2026. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional child resistant packaging market. The report evaluates the present scenario and growth prospects of the regional child resistant packaging market for 2018–2026.

To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers of child resistant packaging and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the child resistant packaging market. To provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the child resistant packaging market is expected to develop in the future. Given the characteristics of the child resistant packaging market, we triangulated the outcome on the basis of three different types of analysis; based on the supply side, downstream industry demand, and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze the child resistant packaging market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the child resistant packaging market and identify the right opportunities across it.

The global market size for child resistant packaging was tracked from the production capacities of key manufacturers across the world. The penetration of plastic materials in the global child resistant packaging market was calculated accordingly. The same was validated through the bottom-up approach.

The market segment for global child resistant packaging market has been analyzed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the child resistant packaging market. Another key feature of global child resistant packaging market report is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is important for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the child resistant packaging market. The overall absolute dollar opportunity along with the segmental split is mentioned in global child resistant packaging market.

To understand the key growth segments in terms of growth and adoption for child resistant packaging market, Transparency Market Research developed the child resistant packaging market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.

In the final section of the report on child resistant packaging market, the ‘dashboard view’ of the companies is provided, to compare the current industrial scenario and their contribution to the market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a child resistant packaging market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the child resistant packaging marketplace.

Key Segments Covered for Child Resistant Packaging

By Product Type, child resistant packaging market is segmented into:

  • Caps and Closure
    • Push & Turn
    • Squeeze & Turn
    • Snap On
    • Dropper
  • Blister and Clamshells
  • Joint Container Tubes
  • Bags and Pouches
  • Cartons

By Material Type, child resistant packaging market is segmented into:

  • Plastic
    • Polyethylene (PE)
      • HDPE
      • LDPE
      • LLDPE
    • PET
    • PS
    • PP
    • PVC
    • EVOH
  • Glass
  • Metal
  • Paper & Paperboard

By End-user Industry Type, child resistant packaging market is segmented into:

  • Pharmaceuticals
  • Food & Beverages
  • Cosmetics & Personal Care
  • Home Care & Toiletries
  • Chemical & Fertilizers
  • Automotive
  • Cannabis
  • Tobacco

By Region, child resistant packaging market is segmented into:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • Italy
    • France
    • Spain
    • UK
    • Spain
    • Benelux
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • North Africa
    • Turkey
    • Rest of MEA
  • Asia Pacific
    • China
    • India
    • ASEAN
    • Australia & NZ
    • Rest of APEJ
    • Japan
.