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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Child Resistant Packaging Market
Request Now !Child resistant packaging refers to the packaging material that is difficult for children to open it within a reasonable period. The child resistant packaging reduces the risk by prohibiting children to gain access to harmful products. The child resistant packaging is defined under C-R packaging via poison prevention packaging act that work in the field of child health-care. The child resistant packaging is made of various materials such as plastics, fibers, metals, glass and paper. The child resistant packaging material is generally used in the pharmaceutical industries for drug packaging.
COVID-19 scenario analysis:
Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis
There is increasing demand of paper, metal and fiber child resistant packaging compared to plastic material for packaging of drugs and alcohols owing to recyclable and compostable nature is expected to fuel the child resistant packaging market. The strict regulation on child health-care by certain regulatory bodies is further expected to fuel the child resistant packaging market. The increasing use of medications, pharmaceutical products, chemicals and others due to increasing population is expected to boost the child resistant packaging market. The child resistant packaging is also used for the packaging of cosmetic personal care to prevent direct exposure to the children act as a growth driver to child resistant packaging market. Moreover, the adoption of child healthcare packaging by the tobacco and cannabis industry is further expected to fuel the child resistant packaging market. However, the lack of awareness about the child resistant packaging by the end users can hamper the growth of the market.
New product launches to flourish the market
Thelaunch of new generation technologically advanced child resistant packaging products can boost the growth of the child resistant packaging market. For example, in January 2020, one of the global leader in child resistant packaging Origin Pharma packaging launched a new child resistant jar that is especially designed for the tobacco and cannabis industry. The new CR jar prevents the children to get access to the contents in the jar.
High demand from applications :
The child resistant packaging offer various applications in industries like health-care, pharmaceutical, food & beverages and cosmetic products. The child resistant packaging are most often used for packaging medications, drugs, electronic cigarettes containing nicotine, pesticide, adhesives and other harmful chemicals. Further, in pharmaceutical industry the child resistant packaging is essential for the over the counter drugs, medical kits, syringes and prescription medicines. The CR packaging is essential to prevent the children from the harmful chemicals and poisoned substances. The CR packaging is also used in the storage of automotive chemicals, oils, carburetor cleaners, solvents, metals cleaners and adhesives for preventing the children from direct exposure to these materials. Moreover the CR packaging containers uses a special lid type caps that are difficult to access by children. The CR packaging containers are used for storing harmful pesticides and fertilizers that keeps away the children to gain access to these substances.
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Key Market Segments
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