Global Child Resistant Packaging Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Child-resistant packaging or CR packaging is special packaging solution which is used to reduce the risk of children ingesting hazardous materials. In child-resistant packaging apart from aluminum, other materials such as PVC, PVdC, PE, PP, Aclar films and Coldform foils are also used. Growing pharmaceuticals industry and rising prevalence of unintentional poisoning among kids are key drivers for the growth of Child Resistant Packaging market. For instance, according to The National Capital Poison Center (NCPC)- As of 2019, in US poison exposure in children younger than 6 years, 99.2% of exposures are unintentional, in contrast with to only 33.8% of teen exposures and 60.8% of adult exposures. The highest incidence of poison exposure occurred in one- and two-year-olds (around 7,047 and 6,667 exposures/100,000 children in the respective age groups). Furthermore, In September 2020, France based Packaging and Containers Manufacturing company SGD Pharma has launched new Child-Resistant Packaging Solution called Ensiemo, for packaging of CBD Oils. Also, with the increasing demand for child resistant packaging solutions and growing urbanization & rising focus over child safety, the adoption & demand for Child Resistant Packaging is likely to increase the market growth during the forecast period. However, high manufacturing cost of Child Resistant Packaging solutions and ill impact of covid 19 pandemic on end use verticals impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Child Resistant Packaging market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to increasing incidences of child unintentional poisoning and growing pharmaceutical industry in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing demand for child resistant packaging solutions from pharmaceuticals sector in the region would create lucrative growth prospects for the Child Resistant Packaging market across Asia-Pacific region.

Major market player included in this report are:

WestRock Ltd.

Berry Global Inc.,

Amcor plc,

Korber Medipak Systems GmbH,

WINPAK LTD,

ABC Packaging Direct, Ltd.

Carow Packaging Inc.,

Colbert Packaging, Pvt Ltd.

Comar, LLC

O. Berk Company, LLC,

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Caps and Closure,

Blister and Clamshells,

Joint Container Tubes,

Bags and Pouches,

Cartons,

Others

By Material Type

Plastic,

Glass,

Metal,

Paper & Paperboard

By Packaging Type

Non-Reclosable Packaging,

Special Blister Packaging,

Reclosable Packaging

By End Use Industries:

Pharmaceuticals,

Food and Beverages,

Cosmetics & Personal Care,

Home Care & Toiletries,

Chemical & Fertilizers,

Automotive,

Cannabis,

Tobacco,

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Child Resistant Packaging Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors