Rockville, MD -- (SBWire) -- 08/02/2019 --Global Child-resistant Carton Box Market Overview
Child-resistant carton boxes are used to lessen the risk of poisoning in kids via the ingestion of potentially dangerous substances including certain prescription and over-the-counter (OTC) household chemicals, medications and pesticides. The term "child-resistant carton box packaging" means packaging that is intended to be significantly challenging for kids under five years of age to inhale a harmful or toxic amount of the material contained therein within a reasonable time and not problematic for grown-ups, if used appropriately.
Child-resistant carton box is innovative, certified as senior-friendly and child-resistant package, intended for enhanced consumer experience and an exquisite shelf presence. Moreover, Child-resistant carton boxes are used for optimal protection as they are designed in such a way that they do not jeopardize the protection of the product. Therefore, the outlook for the growth of the global Child-resistant carton box market is expected to be largely positive during the forecast period.
Global Child-resistant Carton Box Market Dynamics
Child-resistant carton boxes are protective packaging solutions that offer protection to potentially dangerous products by making the outer case difficult for a child to open. A Child-resistant carton box is designed to relock, which ensures the box to become childproof again. The global Child-resistant carton box market is anticipated to grow in the next ten years and beyond as Child-resistant carton box offers various innovative features, such as custom printing with graphics and branding of consumer's choice. Moreover, the child-resistant carton box is available with foil stamping, special finishes and embossing. Child-resistant carton boxes are manufactured using a variety of materials to suit the various applications and markets. Besides, there are a number of factors that are considered while making Child-resistant carton boxes, such as custom inserts to secure & hold a product and a variety of standard sizes to house many product forms.
Child-resistant carton boxes are 100% recyclable, which makes Child-resistant carton box environment-friendly as they are made from renewable sources and eliminates the necessity for polystyrene or plastic protective packaging. One of the key trends observed in the Child-resistant carton box market is the flexibility of these boxes to protect multiple products. Moreover, Child-resistant carton boxes are multipurpose, which makes them suitable for consumer, retail-ready, transport and display packaging and ensures the reduction of damage caused due to transit.
In spite of the positive outlook for growth, certain factors are expected to hamper the growth of the global child-resistant carton boxes market during the forecast period. Child-resistant carton box packaging can be tricky for some people with disabilities or aged individuals.
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Global Child-resistant Carton Box Market Segmentation
The child-resistant carton box market includes the following segments:
The global child-resistant carton box market can be segmented on the basis of product type as:
Folding carton box
Corrugated box
The global child-resistant carton box market can be segmented on the basis of material type as:
Paper-based Product (including paperboard)
Corrugated Paperboard
The global child-resistant carton box market can be segmented on the basis of closure type as:
Hoods
Tabs
Inverted tabs
Tear-open tuck flaps
The global child-resistant carton box market can be segmented on the basis of the geographical region as:
North America
Latin America
Europe
Japan
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Global Child-resistant Carton Box Market Regional Overview
During the forecast period, the global child-resistant carton box market is expected to witness significant growth. Due to the growing pharmacies and retail sector in the region, APEJ region is expected to drive the global child-resistant carton box market, especially in countries such as India and China. The North America and Western Europe regions are expected to witness average growth in overall child-resistant carton boxes market. Due to the growing demand and consumption of the child-resistant carton boxes, Eastern Europe and Latin America regions are expected to register high growth in the global child-resistant carton box market in the next decade. Due to the usage of different technology and alternatives in the region, MEA is expected to observe average growth. Japan is expected to witness sluggish growth during the next decade.
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Global Child-resistant Carton Box Market Key Players
Some of the key players in the child-resistant carton box market are:
Atlantic Packaging
Keystone Folding Box Co.
All Packaging Company
Locked4Kids B.V.
AssurPACK
WestROCK
Other Key Players
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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Child-Resistant Carton Box Market Technological Improvements Steering Growth During 2018-2028