Report : Middle East & Africa Child Resistant Closures Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Polypropylene, Polyethylene, Metal, and Others), Closure Type (Push and Turn, Squeeze and Turn, Others), and End Use (Pharmaceutical, Household Product, Cosmetic and Personal Care, Chemicals and Fertilizer, Food and Beverage, and Others)
At 5.5% CAGR, the Middle East & Africa Child Resistant Closures Market is speculated to be worth US$ 157.36 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa child resistant closures market was valued at US$ 114.40 million in 2022 and is expected to reach US$ 157.36 million by 2028, registering an annual growth rate of 5.5% from 2022 to 2028. Strengthening demand for eco-friendly child resistant closures and elevating demand for cannabis-infused food and beverages.
Many pharmaceuticals, chemicals, fertilizers, food & beverages, and cosmetics manufacturers are shifting toward green alternatives by reducing the overall material used for packaging. New technologies target reducing carbon emission by optimizing the manufacturing process and minimizing the impact of conventional plastic material on the environment. To develop new techniques for sustainable packaging for reducing waste, global providers of packaging solutions, such as BERICAP Holding GmbH, Phoenix Closures, Inc., Green Earth Packaging, etc., invest significantly in R&D every year. This drives the sustainability trend and provides child safety, which is expected to create growth opportunities for the child-resistant closures market. The change is partly driven by consumer consciousness regarding the sustainability of a product's packaging. As a result, companies have adopted paperboard packaging with thin plastic packaging wherever necessary. Thus, increasing adoption of eco-friendly packaging material among manufacturers and awareness about the impact of petroleum-based plastic is expected to propel the growth of eco-friendly child resistant closures during the forecast period.
On the contrary, lack of regulations across the region.
- Based on material, the Middle East & Africa child resistant closures market is segmented into polypropylene, polyethylene, metal, and others. The polypropylene segment held 60.4% market share in 2022, amassing US$ 69.06 million. It is projected to garner US$ 94.42 million by 2028 to expand at 5.4% CAGR during 2022–2028.
- Based on closure type, the Middle East & Africa child resistant closures market is categorized into push and turn, squeeze and turn, and others. The push and turn segment held 59.6% market share in 2022, amassing US$ 68.20 million. It is projected to garner US$ 96.66 million by 2028 to expand at 6.0% CAGR during 2022–2028.
- Based on end user, the Middle East & Africa child resistant closures market is segmented into pharmaceutical, household product, cosmetic and personal care, chemicals and fertilizer, food and beverage, and others. The pharmaceutical segment held 26.9% market share in 2022, amassing US$ 30.75 million. It is projected to garner US$ 42.66 million by 2028 to expand at 5.6% CAGR during 2022–2028.
- Based on country, the Middle East & Africa child resistant closures market has been segmented into South Africa, Saudi Arabia, the UAE, and Rest MEA. Our regional analysis states that Saudi Arabia captured 41.0% market share in 2022. It was assessed at US$ 46.89 million in 2022 and is likely to hit US$ 65.27 million by 2028, exhibiting a CAGR of 5.7% during the forecast period.
Key players dominating the Middle East & Africa child resistant closures market are Berry Global Inc.; AptarGroup, Inc.; O. Berk Company; Georg MENSHEN GmbH & Co. KG; Tecnocap S.p.A.; United Caps; HEINLEIN PLASTIK-TECHNIK GMBH; and BERICAP among others.
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