Child Resistant Closures Market

Rising Government Regulations to Boost the Child-Resistant Closure Market

In 2018, the global child-resistant closures market was valued at US$ 1.60 Bn and was expected to grow with a CAGR of 6.7% during the forecast period from 2019 to 2027. The child-resistant closure market is growing due to the worldwide increase in accidental drug intoxication cases among children below five years of age. To decrease these accidental cases, the government is taking the initiative to apply child-resistant packaging rules. For instance, in the U.S., the Poison Prevention Packaging Act (PPPA) listed some special products that should be packed with child-resistant closures. Further, these include chemicals & cosmetics products, mouthwash products, and drugs & dietary supplements. As a result of the aforementioned factors, we expect that the child-resistant closures will show healthy growth throughout the forecast period.

Market Synopsis

The pharmaceuticals segment is to remain the largest segment During the Forecast Period.

Based on end-user type, the child-resistant closure market is segmented into pharmaceuticals, household & personal care, chemicals & fertilizers, and food & beverage. The pharmaceutical segment has the largest share of the market, accounting for more than 50% of the total market revenue. Pharmaceuticals have the largest share owing to compulsory child-resistant packaging for prescribed and over-the-counter (OTC) drugs. Strict regulations by healthcare and drug regulatory organizations are the major factor for the pharmaceutical industry’s dominance in child resistant closures market. Therefore, we expect the pharmaceutical industry to continue leading the child-resistant closure market throughout the forecast period.

North America to Remain Highest Revenue Contributor throughout the Forecast Period

North America was the leader in child-resistant closures, accounting for more than 1/3rd of the market share in 2018. High regional market share is attributed to strict rules and regulations for child-resistant packaging. Furthermore, the growth of the pharmaceutical industry and the government’s regulations to protect children from unintentional accidental poisoning are the major growth drivers for the region’s child-resistant closures market. In addition, another growth driver for the market is another wide application of child-resistant closures in North America for different industries such as cosmetics, household, food & beverage, and pharmaceutical. Due to these factors, we expect that the North America region will be the leader during the forecast period.

Some of the prominent players operating in the child-resistant closures market are Amcor plc., Ecobliss, Global Closure Systems, ABA Packaging Corporation, Ace Paper Tube Corporation, WestRock, Berlin Packaging, Berry Global, Inc., Airlite Plastics, Cincinnati Container Co., Crown Packaging International Inc., Cobra Plastics Inc., and Glass Vials Inc. among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The child-resistant closures market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global child-resistant closures market based on closure type, tamper evidence type, material type, end-user type, and geography. Key segments covered in the report are as follows:

ATTRIBUTEDETAILS

  Research Period     2017-2027

  The base Year        2018

  Forecast Period       2019-2027

  Historical Year        2017

  Unit                       USD Billion

 Segmentation  Closure Type (2019–2027; US$ Bn)

• Push & Turn
• Squeeze & Turn
• Dropper Caps

 Tamper Evidence Type (2019–2027; US$ Bn)

• Tamper Evident
• Non-Tamper Evident

 Material Type (2019–2027; US$ Bn)

• Polypropylene
• Polystyrene
• Polyethylene
• Others (Metals, PVC, etc.)

 End-User Type (2019–2027; US$ Bn)

• Pharmaceuticals
• Household & Personal Care
• Chemicals & Fertilizers
• Food & Beverages

 Geography Segment (2019–2027; US$ Bn)

• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and the Rest of Europe)
• Asia Pacific (Japan, China, India, and the Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report.

• What was the market size of child-resistant closures in 2018, and what is the forecast up to 2027?
• Which is the largest regional market for child-resistant closures?
• What are the major trends followed in overall child-resistant closures across different regions?
• What are the key market trends and high-growth opportunities observed in the child-resistant closures market?
• What are the drivers of the child-resistant closures market?
• Which are the leading child-resistant closures manufacturers worldwide?
• What are the key strategies adopted by the leading child-resistant closures manufacturers?

Unique data points of this report

• Statistics on unintentional drug consumption worldwide
• Recent trends across different regions in terms of the adoption of child-resistant closures
• Notable ongoing developments in the child-resistant closures industry
• Attractive investment proposition for different segments of child resistant closures market
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global CRC Market
2.2. Global CRC Market, by Closure Type, 2018 (US$ Bn)
2.3. Global CRC Market, by Tamper Evidence Type, 2018 (US$ Bn)
2.4. Global CRC Market, by Material Type, 2018 (US$ Bn)
2.5. Global CRC Market, End-User Type, 2018 (US$ Bn)
2.6. Global CRC Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global CRC Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Child Resistant Closures (CRC) Market, by Closure Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Push & Turn
4.3. Squeeze & Turn
4.4. Dropper Caps

5. Global Child Resistant Closures (CRC) Market, by Tamper Evidence Type , 2017-2027 (US$ Bn)
5.1. Overview
5.2. Tamper Evident
5.3. Non-Tamper Evident

6. Global Child Resistant Closures (CRC) Market, by Material Type , 2017-2027 (US$ Bn)
6.1. Overview
6.2. Polypropylene
6.3. Polystyrene
6.4. Polyethylene
6.5. Others (Metals, PVC, etc.)

7. Global Child Resistant Closures (CRC) Market, End-User Type, 2017-2027 (US$ Bn)
7.1. Overview
7.2. Pharmaceuticals
7.3. Household & Personal Care
7.4. Chemicals & Fertilizers
7.5. Food & Beverage

8. North America Child Resistant Closures (CRC) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. North America CRC Market Value and Growth, 2017-2027, (US$ Bn)
8.2. North America CRC Market Value, By Closure Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America CRC Market Value, Tamper Evidence Type, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America CRC Market Value, Material Type, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America CRC Market Value, End-User Type, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America CRC Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Child Resistant Closures (CRC) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Europe CRC Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Europe CRC Market Value, By Closure Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe CRC Market Value, By Tamper Evidence Type, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe CRC Market Value, By Material Type, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe CRC Market Value, End-User Type, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe CRC Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Child Resistant Closures (CRC) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific CRC Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Asia Pacific CRC Market Value, By Closure Type, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific CRC Market Value, By Tamper Evidence Type, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific CRC Market Value, By Material Type, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific CRC Market Value, End-User Type, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific CRC Market Value, By Region/Country, 2017-2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Child Resistant Closures (CRC) Market Analysis, 2017-2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World CRC Market Value and Growth, 2017-2027, (US$ Bn)
11.2. Rest of the World CRC Market Value, By Closure Type, 2017-2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World CRC Market Value, By Tamper Evidence Type, 2017-2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World CRC Market Value, By Material Type, 2017-2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World CRC Market Value, End-User Type, 2017-2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World CRC Market Value, By Region, 2017-2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. Amcor Plc.
12.2. Ecobliss
12.3. Global Closure Systems
12.4. ABA Packaging Corporation
12.5. Ace Paper Tube Corporation
12.6. WestRock
12.7. Berlin Packaging
12.8. Berlin Global Inc.
12.9. Airlite Plastics
12.10. Cincinnati Container Company
12.11. Crown Packaging International Inc.
12.12. Cobra Plastic Inc.
12.13. Glass Vials Inc.

List of Figures

FIG. 1 Global Child Resistant Closures (CRC) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global CRC Market Segmentation
FIG. 4 Global CRC Market, by Closure Type, 2018 (US$ Bn)
FIG. 5 Global CRC Market, by Tamper Evidence Type, 2018 (US$ Bn)
FIG. 6 Global CRC Market, by Material Type, 2018 (US$ Bn)
FIG. 7 Global CRC Market, by End-User Type, 2018 (US$ Bn)
FIG. 8 Global CRC Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key CRC Market Manufacturers, 2018
FIG. 11 Global CRC Market Value Share, by Closure Type, 2018 & 2027 (Value %)
FIG. 12 Global Push & Turn Market, 2017–2027 (US$ Bn)
FIG. 13 Global Squeeze & Turn SMA Market, 2017–2027 (US$ Bn)
FIG. 14 Global Dropper Caps SMA Market, 2017–2027 (US$ Bn)
FIG. 15 Global CRC Market Value Share, by Tamper Evidence Type, 2018 & 2027 (Value %)
FIG. 16 Global Tamper Evident Market, 2017–2027 (US$ Bn)
FIG. 17 Global Non-Tamper Evident Market, 2017–2027 (US$ Bn)
FIG. 18 Global CRC Market Value Share, by Material Type, 2018 & 2027 (Value %)
FIG. 19 Global Polypropylene Market, 2017–2027 (US$ Bn)
FIG. 20 Global Polystyrene Market, 2017–2027 (US$ Bn)
FIG. 21 Global Polyethylene Market, 2017–2027 (US$ Bn)
FIG. 22 Global Others (Metals, PVC, etc.) Market, 2017–2027 (US$ Bn)
FIG. 23 Global CRC Market Value Share, by End-User Type, 2018 & 2027 (Value %)
FIG. 24 Global Pharmaceuticals Market For CRC, 2017–2027 (US$ Bn)
FIG. 25 Global Household & Personal Care Market For CRC, 2017–2027 (US$ Bn)
FIG. 26 Global Chemicals & Fertlizers Market For CRC, 2017–2027 (US$ Bn)
FIG. 27 Global Food & Beverage Market For CRC, 2017–2027 (US$ Bn)
FIG. 28 North America CRC Market, 2017–2027 (US$ Bn)
FIG. 29 Europe CRC Market, 2017–2027 (US$ Bn)
FIG. 30 Asia Pacific CRC Market, 2017–2027 (US$ Bn)
FIG. 31 RoW CRC Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Child Resistant Closures (CRC) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global CRC Market, by Closure Type, 2017–2027 (US$ Bn)
TABLE 5 Global CRC Market, by Tamper Evidence Type, 2017–2027 (US$ Bn)
TABLE 6 Global CRC Market, by Material Type, 2017–2027 (US$ Bn)
TABLE 7 Global CRC Market, by End-User Type, 2017–2027 (US$ Bn)
TABLE 8 Global CRC Market, by Geography, 2017–2027 (US$ Bn)
TABLE 9 North America CRC Market, by Closure Type, 2017–2027 (US$ Bn)
TABLE 10 North America CRC Market, by Tamper Evidence Type, 2017–2027 (US$ Bn)
TABLE 11 North America CRC Market, by Material Type, 2017–2027 (US$ Bn)
TABLE 12 North America CRC Market, by End-User Type, 2017–2027 (US$ Bn)
TABLE 13 North America CRC Market, by Country, 2017–2027 (US$ Bn)
TABLE 14 Europe CRC Market, by Closure Type, 2017–2027 (US$ Bn)
TABLE 15 Europe CRC Market, by Tamper Evidence Type, 2017–2027 (US$ Bn)
TABLE 16 Europe CRC Market, by Material Type, 2017–2027 (US$ Bn)
TABLE 17 Europe CRC Market, by End-User Type, 2017–2027 (US$ Bn)
TABLE 18 Europe CRC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific CRC Market, by Closure Type, 2017–2027 (US$ Bn)
TABLE 20 Asia Pacific CRC Market, by Tamper Evidence Type, 2017–2027 (US$ Bn)
TABLE 21 Asia Pacific CRC Market, by Material Type, 2017–2027 (US$ Bn)
TABLE 22 Asia Pacific CRC Market, by End-User Type, 2017–2027 (US$ Bn)
TABLE 23 Asia Pacific CRC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 24 Rest of the World CRC Market, by Closure Type, 2017–2027 (US$ Bn)
TABLE 25 Rest of the World CRC Market, by Tamper Evidence Type, 2017–2027 (US$ Bn)
TABLE 26 Rest of the World CRC Market, by Material Type, 2017–2027 (US$ Bn)
TABLE 27 Rest of the World CRC Market, by End-User Type, 2017–2027 (US$ Bn)
TABLE 28 Rest of the World CRC Market, by Region, 2017–2027 (US$ Bn)