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Child Resistant Closures-Global Market Insights and Sales Trends 2024

Child Resistant Closures-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1860186

No of Pages : 110

Synopsis
Child resistant closures are the types of closures that are difficult for children below the age of 5 years to open and require assistance of an adult. Such closures are specifically designed to prevent any hazard to children’s health from the accidental consumption of intoxicating substances or pharmaceutical products.
The global Child Resistant Closures market size is expected to reach US$ 1365.7 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Child Resistant Closures in various end use industries. The expanding demands from the Pharmaceuticals, Household and Personal Care, Chemicals and Fertilizers and Food and Beverage, are propelling Child Resistant Closures market. Reclosable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Non-reclosable segment is estimated at % CAGR for the next seven-year period.
According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Child Resistant Closures, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Child Resistant Closures market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Child Resistant Closures market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Child Resistant Closures sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Child Resistant Closures covered in this report include Closures Systems, Silgan Plastic, BERICAP, Global Closures Systems, Aptargroup, Berry Global, Amcor, O.Berk and Blackhawk Molding, etc.
The global Child Resistant Closures market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Closures Systems
Silgan Plastic
BERICAP
Global Closures Systems
Aptargroup
Berry Global
Amcor
O.Berk
Blackhawk Molding
CL Smith
Georg MENSHEN
Mold-Rite Plastics
United Caps
Guala Closures
Weener Plastics
Parekhplast
Tecnocap Closures
Global Child Resistant Closures market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Child Resistant Closures market, Segment by Type:
Reclosable
Non-reclosable
Global Child Resistant Closures market, by Application
Pharmaceuticals
Household and Personal Care
Chemicals and Fertilizers
Food and Beverage
Automotive
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Child Resistant Closures manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Child Resistant Closures in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Child Resistant Closures Market Overview
1.1 Child Resistant Closures Product Overview
1.2 Child Resistant Closures Market Segment by Type
1.2.1 Reclosable
1.2.2 Non-reclosable
1.3 Global Child Resistant Closures Market Size by Type
1.3.1 Global Child Resistant Closures Market Size Overview by Type (2018-2029)
1.3.2 Global Child Resistant Closures Historic Market Size Review by Type (2018-2023)
1.3.3 Global Child Resistant Closures Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Child Resistant Closures Sales Breakdown by Type (2018-2023)
1.4.2 Europe Child Resistant Closures Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Child Resistant Closures Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Child Resistant Closures Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Child Resistant Closures Sales Breakdown by Type (2018-2023)
2 Global Child Resistant Closures Market Competition by Company
2.1 Global Top Players by Child Resistant Closures Sales (2018-2023)
2.2 Global Top Players by Child Resistant Closures Revenue (2018-2023)
2.3 Global Top Players by Child Resistant Closures Price (2018-2023)
2.4 Global Top Manufacturers Child Resistant Closures Manufacturing Base Distribution, Sales Area, Product Type
2.5 Child Resistant Closures Market Competitive Situation and Trends
2.5.1 Child Resistant Closures Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Child Resistant Closures Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Child Resistant Closures as of 2022)
2.7 Date of Key Manufacturers Enter into Child Resistant Closures Market
2.8 Key Manufacturers Child Resistant Closures Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Child Resistant Closures Status and Outlook by Region
3.1 Global Child Resistant Closures Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Child Resistant Closures Historic Market Size by Region
3.2.1 Global Child Resistant Closures Sales in Volume by Region (2018-2023)
3.2.2 Global Child Resistant Closures Sales in Value by Region (2018-2023)
3.2.3 Global Child Resistant Closures Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Child Resistant Closures Forecasted Market Size by Region
3.3.1 Global Child Resistant Closures Sales in Volume by Region (2024-2029)
3.3.2 Global Child Resistant Closures Sales in Value by Region (2024-2029)
3.3.3 Global Child Resistant Closures Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Child Resistant Closures by Application
4.1 Child Resistant Closures Market Segment by Application
4.1.1 Pharmaceuticals
4.1.2 Household and Personal Care
4.1.3 Chemicals and Fertilizers
4.1.4 Food and Beverage
4.1.5 Automotive
4.1.6 Others
4.2 Global Child Resistant Closures Market Size by Application
4.2.1 Global Child Resistant Closures Market Size Overview by Application (2018-2029)
4.2.2 Global Child Resistant Closures Historic Market Size Review by Application (2018-2023)
4.2.3 Global Child Resistant Closures Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Child Resistant Closures Sales Breakdown by Application (2018-2023)
4.3.2 Europe Child Resistant Closures Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Child Resistant Closures Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Child Resistant Closures Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Child Resistant Closures Sales Breakdown by Application (2018-2023)
5 North America Child Resistant Closures by Country
5.1 North America Child Resistant Closures Historic Market Size by Country
5.1.1 North America Child Resistant Closures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Child Resistant Closures Sales in Volume by Country (2018-2023)
5.1.3 North America Child Resistant Closures Sales in Value by Country (2018-2023)
5.2 North America Child Resistant Closures Forecasted Market Size by Country
5.2.1 North America Child Resistant Closures Sales in Volume by Country (2024-2029)
5.2.2 North America Child Resistant Closures Sales in Value by Country (2024-2029)
6 Europe Child Resistant Closures by Country
6.1 Europe Child Resistant Closures Historic Market Size by Country
6.1.1 Europe Child Resistant Closures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Child Resistant Closures Sales in Volume by Country (2018-2023)
6.1.3 Europe Child Resistant Closures Sales in Value by Country (2018-2023)
6.2 Europe Child Resistant Closures Forecasted Market Size by Country
6.2.1 Europe Child Resistant Closures Sales in Volume by Country (2024-2029)
6.2.2 Europe Child Resistant Closures Sales in Value by Country (2024-2029)
7 Asia-Pacific Child Resistant Closures by Region
7.1 Asia-Pacific Child Resistant Closures Historic Market Size by Region
7.1.1 Asia-Pacific Child Resistant Closures Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Child Resistant Closures Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Child Resistant Closures Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Child Resistant Closures Forecasted Market Size by Region
7.2.1 Asia-Pacific Child Resistant Closures Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Child Resistant Closures Sales in Value by Region (2024-2029)
8 Latin America Child Resistant Closures by Country
8.1 Latin America Child Resistant Closures Historic Market Size by Country
8.1.1 Latin America Child Resistant Closures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Child Resistant Closures Sales in Volume by Country (2018-2023)
8.1.3 Latin America Child Resistant Closures Sales in Value by Country (2018-2023)
8.2 Latin America Child Resistant Closures Forecasted Market Size by Country
8.2.1 Latin America Child Resistant Closures Sales in Volume by Country (2024-2029)
8.2.2 Latin America Child Resistant Closures Sales in Value by Country (2024-2029)
9 Middle East and Africa Child Resistant Closures by Country
9.1 Middle East and Africa Child Resistant Closures Historic Market Size by Country
9.1.1 Middle East and Africa Child Resistant Closures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Child Resistant Closures Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Child Resistant Closures Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Child Resistant Closures Forecasted Market Size by Country
9.2.1 Middle East and Africa Child Resistant Closures Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Child Resistant Closures Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Closures Systems
10.1.1 Closures Systems Company Information
10.1.2 Closures Systems Introduction and Business Overview
10.1.3 Closures Systems Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Closures Systems Child Resistant Closures Products Offered
10.1.5 Closures Systems Recent Development
10.2 Silgan Plastic
10.2.1 Silgan Plastic Company Information
10.2.2 Silgan Plastic Introduction and Business Overview
10.2.3 Silgan Plastic Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Silgan Plastic Child Resistant Closures Products Offered
10.2.5 Silgan Plastic Recent Development
10.3 BERICAP
10.3.1 BERICAP Company Information
10.3.2 BERICAP Introduction and Business Overview
10.3.3 BERICAP Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BERICAP Child Resistant Closures Products Offered
10.3.5 BERICAP Recent Development
10.4 Global Closures Systems
10.4.1 Global Closures Systems Company Information
10.4.2 Global Closures Systems Introduction and Business Overview
10.4.3 Global Closures Systems Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Global Closures Systems Child Resistant Closures Products Offered
10.4.5 Global Closures Systems Recent Development
10.5 Aptargroup
10.5.1 Aptargroup Company Information
10.5.2 Aptargroup Introduction and Business Overview
10.5.3 Aptargroup Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Aptargroup Child Resistant Closures Products Offered
10.5.5 Aptargroup Recent Development
10.6 Berry Global
10.6.1 Berry Global Company Information
10.6.2 Berry Global Introduction and Business Overview
10.6.3 Berry Global Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Berry Global Child Resistant Closures Products Offered
10.6.5 Berry Global Recent Development
10.7 Amcor
10.7.1 Amcor Company Information
10.7.2 Amcor Introduction and Business Overview
10.7.3 Amcor Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Amcor Child Resistant Closures Products Offered
10.7.5 Amcor Recent Development
10.8 O.Berk
10.8.1 O.Berk Company Information
10.8.2 O.Berk Introduction and Business Overview
10.8.3 O.Berk Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.8.4 O.Berk Child Resistant Closures Products Offered
10.8.5 O.Berk Recent Development
10.9 Blackhawk Molding
10.9.1 Blackhawk Molding Company Information
10.9.2 Blackhawk Molding Introduction and Business Overview
10.9.3 Blackhawk Molding Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Blackhawk Molding Child Resistant Closures Products Offered
10.9.5 Blackhawk Molding Recent Development
10.10 CL Smith
10.10.1 CL Smith Company Information
10.10.2 CL Smith Introduction and Business Overview
10.10.3 CL Smith Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.10.4 CL Smith Child Resistant Closures Products Offered
10.10.5 CL Smith Recent Development
10.11 Georg MENSHEN
10.11.1 Georg MENSHEN Company Information
10.11.2 Georg MENSHEN Introduction and Business Overview
10.11.3 Georg MENSHEN Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Georg MENSHEN Child Resistant Closures Products Offered
10.11.5 Georg MENSHEN Recent Development
10.12 Mold-Rite Plastics
10.12.1 Mold-Rite Plastics Company Information
10.12.2 Mold-Rite Plastics Introduction and Business Overview
10.12.3 Mold-Rite Plastics Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mold-Rite Plastics Child Resistant Closures Products Offered
10.12.5 Mold-Rite Plastics Recent Development
10.13 United Caps
10.13.1 United Caps Company Information
10.13.2 United Caps Introduction and Business Overview
10.13.3 United Caps Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.13.4 United Caps Child Resistant Closures Products Offered
10.13.5 United Caps Recent Development
10.14 Guala Closures
10.14.1 Guala Closures Company Information
10.14.2 Guala Closures Introduction and Business Overview
10.14.3 Guala Closures Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Guala Closures Child Resistant Closures Products Offered
10.14.5 Guala Closures Recent Development
10.15 Weener Plastics
10.15.1 Weener Plastics Company Information
10.15.2 Weener Plastics Introduction and Business Overview
10.15.3 Weener Plastics Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Weener Plastics Child Resistant Closures Products Offered
10.15.5 Weener Plastics Recent Development
10.16 Parekhplast
10.16.1 Parekhplast Company Information
10.16.2 Parekhplast Introduction and Business Overview
10.16.3 Parekhplast Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Parekhplast Child Resistant Closures Products Offered
10.16.5 Parekhplast Recent Development
10.17 Tecnocap Closures
10.17.1 Tecnocap Closures Company Information
10.17.2 Tecnocap Closures Introduction and Business Overview
10.17.3 Tecnocap Closures Child Resistant Closures Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Tecnocap Closures Child Resistant Closures Products Offered
10.17.5 Tecnocap Closures Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Child Resistant Closures Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Child Resistant Closures Industrial Chain Analysis
11.4 Child Resistant Closures Market Dynamics
11.4.1 Child Resistant Closures Industry Trends
11.4.2 Child Resistant Closures Market Drivers
11.4.3 Child Resistant Closures Market Challenges
11.4.4 Child Resistant Closures Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Child Resistant Closures Distributors
12.3 Child Resistant Closures Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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