Child Resistant Zipper Market

Child resistant Zipper Market: Dynamics

The child resistant zipper market is driven primarily by the rising awareness among consumers and growing demand in pharmaceutical for drug packaging are some of the main factors driving the market of child resistant zipper. Moreover, growing population in emerging economies such as China and India is also anticipated to be significant reason of rising demand of child resistant zipper in the market. Also, growing personal care and cosmetic industry is one of the main reason in the growth of child resistant zipper market.  This type of packaging also improves the shelter life of the product which also escalates the demand of child resistant zipper in the market. However, stringent government regulation towards the use of plastics can affect the child resistant zipper in the market in the near future. Further, increasing disposable income coupled with rising demand for packaged foods is expected to accelerate the growth of child resistant zipper market in the upcoming years.

Child resistant Zipper Market: Regional Outlook

Geographically, the global moisture resistant packaging can be segmented based on the region like North America, Latin America, Western Europe, Eastern Europe, MEA, APEJ & Japan. Asia-Pacific is the global forerunner in the child resistant zipper market, in terms of volume & value, and is expected to continue till 2028. Further, increasing disposable income coupled with rising demand for packaged foods is expected to accelerate the growth of child resistant zipper market in the upcoming years. Europe has second largest market share in overall child resistant zipper market and is expected to continue its growth during 2018 to 2028. Rising production of medicine, health care products and cosmetics items in the region is anticipated to aid the growth of the market.

Child resistant Zipper Market: Key Players                                                                        

Some of the global key players in the market of child resistant zipper are as follows:

• Cmz zipper (wuxi) co. Ltd.
• Zip-Pak Inc.
• IDEAL Fastener Corporation
• Coats Plc.
• KCC Zipper Group

Many local and unrecognized players are expected to contribute to the global child resistant zipper market during the forecast period.

Child resistant Zipper Market: Key Developments

Some of the global key developments in the market of child resistant zipper are as follows:

• Safety-LokTM have introduced the new Zip-Pak child-resistant slider zipper, which uses technology such as Zip-Pak’s slider that is designed to help keep children safe from injuries.
• In 2018, Cmz zipper (wuxi) co. Ltd. is looking forward to expand through acquisition & mergers in order to expand its business overseas.

The report is a compilation of first-hand information, qualitative assessment by industry analysts, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.