Child Resistant Containers Market Analysis

The rising use of pharmaceutical products, medications, chemicals and foods agents domestically is expected to drive the growth of child-resistant containers market during the forecast period. Annually there are several drug ingestion cases are reported, out of which, nearly 40-45% of the cases comprise of children below five years of age. To reduce such risk of ingestion, the companies now pack their products in child-resistant containers which are unable for a child to open. This factor is expected to drive the global child-resistant containers market. The regulations and guidelines imposed by the government for the use of safe and secure packaging and rising use of child-resistant containers for the packaging of medicinal marijuana and in the pharmaceutical industry, are major factors which are favouring the growth prospects for the child-resistant containers market during the forecast period. Child-resistant containers are also used by some major cosmetics personal care product manufacturers to prevent direct or indirect exposure to children. The child-resistant containers market is expected to witness significant growth prospects in the coming years

Child-resistant containers Market: Segmentation

Globally, the Child-resistant containers market has been segmented on the basis of material type, capacity, end use and region:

Regional Outlook

The child-resistant packaging was first introduced in the US, and it is the home to some of the largest pharmaceutical and chemical companies in the world. It will drive the demand for child-resistant containers during the forecast period. The rising demand of medicinal marijuana in the European market is triggering the demand for safe and secure packaging. The countries such as Germany, the U.K. and France are among the major countries to witness average growth for the child-resistant containers market during the next decade. The Asia Pacific countries such as India, China, Malaysia, Indonesia and others are witnessing high manufacturing output in almost all sectors including pharmaceuticals, food, and chemicals. This factor is expected to propel the demand for the child-resistant containers during the next decade.

Child-resistant containers Market: Key Players

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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