Child Resistant Closure Market Size

Child Resistant Closure Market size was valued at USD 30.17 billion in 2024 and is likely to cross USD 102.93 billion by 2037, expanding at more than 9.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of child resistant closure is assessed at USD 35.14 billion.

The growth of the market is primarily attributed to reducing the risk of child poisoning by the ingestion of potentially dangerous items such as medications, household chemicals, and cosmetics. According to the Centers for Disease Control and Prevention, in the United States, each year, nearly 50,000 cases of child poisoning are reported in young children.

The rise in dangerous accidental cases among children has become a major concern for pharmaceutical product packaging manufacturers in recent years. As a result, in order to reduce the mortality ratio, government bodies imposed stringent regulations requiring the use of child resistant closures on products whose consumption is estimated to endanger children's health.