Global Child Resistant Packaging Market-Industry Analysis and Forecast (2019-2026)
Global Child Resistant Packaging Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 6.3% during forecast period.
The major factors driving the growth of child resistance packaging market are growing urbanization and the increasing awareness among the customers towards the use of better packaging, especially in the pharmaceutical industry. The introduction of stringent policies regarding the packaging of toxic items and certain household items like medicines, spray products for pharmaceuticals, chemicals, & cleaning products, is further expected to drive child resistance packaging market. However, high production cost and tough testing procedure for child resting package will hinder the market growth.
The latest trend that will impact the growth of the global child resistance packaging market is the emergence of biodegradable plastics as a substitute for plastic caps and closure packaging in CRP. Biodegradable caps and closure plastics are easily decomposable by microorganisms, thus reducing the harmful toxic effect they have on the environment when compared with conventional plastics that are more popular in use.
Based on type, special blister packaging segment holds the largest market share because of the excessive usage of special blister packaging in the pharmaceutical industry. Depending upon the end-user, the pharmaceuticals segment witnessed considerable market growth with the rise in high consumption of medicines and drugs by children.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/32648
Region-wise, Europe region is dominating the child resistance packaging market, because of the introduction of stringent regulations by the European Union for the implementation of child resistance packaging for several end-user industries such as cosmetics, pharmaceuticals and chemicals to protect children. The region is also expected to grow further, because of the large number of pharmaceutical manufacturing companies here.
Amcor, Bemis, Ecobliss are the prominent players operating in the global market for child-resistant packaging. Amcor Rigid Plastics, one of the world’s top manufacturers of inflexible plastic packaging for the food, beverage, spirits, home/personal care, & healthcare industries, has announced the launch of a new child-resistant (CR) closure for ophthalmic packaging. Amcor’s SecurePlus is a two-piece closure which was developed in response to new centralized government regulations that require child-resistant closures for certain drug packaging.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Child Resistant Packaging Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Child Resistant Packaging Market.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/32648
Scope of the Global Child Resistant Packaging Market
Global Child Resistant Packaging Market, By Type
• Reclosable Packaging
• Non-reclosable Packaging
• Special Blister Packaging
Global Child Resistant Packaging Market, By End-Use
• Personal Care
• Chemicals
• Pharmaceuticals
Global Child Resistant Packaging Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players Global Child Resistant Packaging Market
• Amcor
• Bemis
• Ecobliss
• Global Closure Systems
• WestRock
• Colbert Packaging
• Kaufman Container
• LeafLocker
• Mold-Rite Plastics
• O. Berk
• Romaco
• Rondo
• Stora Enso
MAJOR TOC OF THE REPORT
Chapter One: Child Resistant Packaging Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Child Resistant Packaging Market Competition, by Players
Chapter Four: Global Child Resistant Packaging Market Size by Regions
Chapter Five: North America Child Resistant Packaging Revenue by Countries
Chapter Six: Europe Child Resistant Packaging Revenue by Countries
Chapter Seven: Asia-Pacific Child Resistant Packaging Revenue by Countries
Chapter Eight: South America Child Resistant Packaging Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Child Resistant Packaging by Countries
Chapter Ten: Global Child Resistant Packaging Market Segment by Type
Chapter Eleven: Global Child Resistant Packaging Market Segment by Application
Chapter Twelve: Global Child Resistant Packaging Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Child Resistant Packaging Market Report at: https://www.maximizemarketresearch.com/market-report/global-child-resistant-packaging-market/32648/
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com
