The North American child-resistant closures market is projected to expand significantly, from US$ 595.24 million in 2022 to US$ 901.06 million by 2028, demonstrating a Compound Annual Growth Rate (CAGR) of 7.2% during this period.
Increased Demand for Child-Resistant Packaging to Prevent Accidental Poisoning
A key driver of this market growth is the rising adoption of child-resistant closures in packaging, primarily to prevent accidental poisoning, particularly among young children. Children under six are especially vulnerable to drug poisoning. The appealing colors and small size of some medications can easily attract them, leading to accidental ingestion.
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For instance, the US Consumer Product Safety Commission enacted the Poison Prevention Packaging Act in 1970. This legislation mandates that prescription and over-the-counter medications, as well as hazardous household products, must be packaged with child-resistant features. Such stringent regulations are compelling manufacturers to incorporate child-resistant closures, thereby safeguarding children from accidental drug poisoning and fueling the growth of this market.
Market OverviewÂ
North America is one of the prominent markets for child resistant closures due to the growth of the end-use industries across the region. The increasing emphasis on child health and wellbeing and the willingness of customers in the region to pay more for high-end products will help increase market share in the region. This region is showing more concern for child safety and adopting advanced child resistance packaging solutions to combat massive incidences of child poisoning, propelling the market’s growth. According to the National Centre of Biotechnology Information (NCBI), In the US alone, nearly 50,000 incidents of child poisoning cases are witnessed in children below the age of 6 years. To fight this issue, in 2015, the US Food and Drug Administration (US FDA) issued a notice, enforcing a law aimed at increasing the adoption of child-resistant packaging for products, such as chemicals, pharmaceutical products, nicotine items, including gels and dissolvable. Moreover, introducing new types of beverages in the region is expected to accelerate demand for its packaging products further in the near future. For instance, in April 2021, a joint venture between Molson Coors Beverage Company and HEXO Corp., named Truss CBD USA, introduced 5 types of CBD beverages in Canada. Two of these beverages, including âThe House of Terpenes Valencene & Sparkling Tonicâ and âMollo 5 Limeâ, use glass bottle packaging with child-resistant crown closures, while the other 3 products are packaged in metal cans.
Strategic Insights: North America Child Resistant Closures Market
Strategic insights into the North America Child Resistant Closures market deliver a comprehensive, data-driven analysis of the industry, highlighting current trends, key players, and region-specific dynamics. These insights provide actionable recommendations that enable stakeholders to stand out from the competition by uncovering untapped opportunities and crafting distinct value propositions. By harnessing advanced data analytics, these insights help manufacturers, investors, and other market participants anticipate shifts in demand and industry direction. With a strong focus on future growth, this forward-looking perspective equips stakeholders to proactively navigate changes and secure long-term success in a rapidly evolving market. Ultimately, these insights empower informed decision-making that drives profitability and supports strategic business objectives.
Market leaders and key company profiles
ï·Â Berry Global Inc.
ï·Â AptarGroup, Inc.
ï·Â O.Berk Company
ï·Â CL Smith
ï·Â Georg MENSHEN GmbH & Co. KG
ï·Â Tecnocap S.p.A.
ï·Â United Caps
ï·Â Van Blarcom Closures Inc.
ï·Â HEINLEIN PLASTIK-TECHNIK GMBH
ï·Â BERICAP
Regional Insights: North America Child Resistant Closures Market
The geographic scope of the North America Child Resistant Closures market encompasses the specific regions where companies operate and compete. Understanding regional differencesâsuch as consumer preferences, economic conditions, and regulatory frameworksâis essential for developing effective, localized strategies. For instance, variations in demand for certain closure types or safety standards can significantly influence purchasing decisions. By identifying underserved regions or adapting products to meet local requirements, businesses can expand their market presence. A focused regional approach enables more efficient resource allocation, precise marketing efforts, and stronger competitive positioning, ultimately driving targeted growth across North America.
North America Child Resistant Closures Market Segmentation
The North America child resistant closures market is segmented by material, closure type, end user, and country.
By Material:
The market is categorized into polypropylene, polyethylene, metal, and others. Among these, the polypropylene segment accounted for the largest share in 2022.
By Closure Type:
The closure types include push and turn, squeeze and turn, and others. In 2022, the push and turn segment held the dominant market share.
By End User:
The key end-user segments are pharmaceutical, household products, cosmetics and personal care, chemicals and fertilizers, food and beverages, and others. The pharmaceutical segment emerged as the largest end user in 2022.
By Country:
Geographically, the market is segmented into the US, Canada, and Mexico. The US led the market in terms of share in 2022.
Key Market Players:
Prominent companies in the North America child resistant closures market include Berry Global Inc., AptarGroup, Inc., O.Berk Company, Georg MENSHEN GmbH & Co. KG, Tecnocap S.p.A., United Caps, HEINLEIN PLASTIK-TECHNIK GMBH, BERICAP, CL Smith, and Van BlarcomClosures Inc.
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Authorâs Bio
Akshay
Senior Market Research Expert at Business Market Insights
