Transparency Market Research provides important insights into the Child Resistant Bottles Market in North America in its published report that includes global industry analysis, size, share, growth, trends and forecast for 2020–2030.
The North American child resistant bottle market is expected to witness significant growth in the near future as consumers and end users gravitate towards safety measures and reducing the risk of children ingesting hazardous materials. Therefore, this market is expected to increase at a significant growth rate of 5.9% in the next decade. The TMR research team found that the consumption of child resistant bottle packaging is growing exponentially in the pharmaceutical, hospital and personal care industries. TMR provides detailed insights and forecasts in the Child Resistant Bottles Market Report.
Child-resistant bottles are a safe form of packaging used primarily in the pharmaceutical and non-pharmaceutical industries for child safety purposes. Its child-resistant packaging structure reduces children’s tampering with dangerous and toxic contents being filled into the bottles. Child-resistant bottles have reduced the rate of accidental drug poisoning among children in recent years and are expected to remain so for the foreseeable future due to their precise packaging structure. Such packaging solutions are available in different formats and capacities. These bottles are made of plastic, metal, glass, paper and cardboard. However, in the last three years, there has been a steadily increasing demand for child-resistant bottles made from bioplastics and easily recyclable materials. For a better understanding of the target market, the research team tracked the consumption and sales of Child Resistant Bottles from the capacity, material, and closure perspective.
In recent years, a huge range of buyers in North American countries has almost every segment within…