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Senior Friendly Packaging Market Expected to Reach USD 7.10 Billion by 2032 | Growing at a CAGR of 5.20%

Market Research Future (MRFR) has published a cooked research report on the Global Senior Friendly Packaging Market that contains information from 2018 to 2032. The Senior Friendly Packaging market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Senior Friendly Packaging market— Pierson Industries Inc., Rieke Corporation, Keystone Folding Box Company, Polytop Corporation, WestRock Company, Owens-Illinois Inc., Berry Global, Inc., Silgan Plastics Corporation, Stora Enso Oyj, Sonic Packaging Industries, Inc, AptarGroup, Inc, Sanner of America, Inc., and Amcor Ltd.


Senior Friendly Packaging Market Highlights


The global Senior Friendly Packaging market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 7.10 billion by 2032.


The world's aging population is driving the need for senior-friendly packaging. With the growing number of senior citizens in the people, there is an increased demand for packaging that caters to their unique needs, including readability, accessibility, and ease of use. Products related to health and wellness, in particular, require packaging that facilitates the administration and use of medications. In addition, there is a growing need for packaging solutions specifically catered to older people due to increased awareness of senior-friendly design and efforts to improve their quality of life.


Segment Analysis


The global senior friendly packaging market has been segmented based on product type, application, and end-use.


On the basis of Product Type, the market is segmented into Easy Grip Bottles and Containers, Safety Caps and Closures, Single-Dose Pouches and Blister Packs, Single-Dose Pouches and Blister Packs, and Graphic Labels and Tags. The easy grip bottles and containers category will be the biggest market sector in the senior-friendly packaging industry in 2022. The primary reason for this is the urgent need to provide packaging that is easy to handle and open for elderly, many of whom battle with arthritis or decreased hand strength. Greater accessibility and use are made possible by easy-grip features such ergonomic designs, textured surfaces, and larger caps, which also cater to the special needs of the aged population.


Based on Application, the global Senior Friendly Packaging market has been segmented into Consumer Products, Medical Tablets, Pills and Syrups, and Body and Hair Care Products. The Medical Tablets, Pills, and Syrups category dominates the market for senior-friendly packaging. Pharmaceutical product packaging must be carefully examined since older people usually adhere to complex prescription regimes. User-friendly features, such as simple opening mechanisms, easy-to-read labelling, colour separation for various pharmaceuticals, and dose monitoring support, are crucial for assisting elderly in correctly managing their medications.


Based on the End-Use, the global Senior senior-friendly packaging market has been segmented into Food and beverages, Healthcare, Cosmetics and personal Care, and Other Consumer Durables. One of the biggest markets for senior-friendly packaging is Healthcare in 2022. As the population of older persons grows, there is a larger need for packaging that caters to their unique demands, particularly in the healthcare sector. Healthcare packaging should include features like simple-to-open seals, precise dose and usage instructions, and generally user-friendly designs to make it easier for seniors to handle their drugs and health-related items.


Regional Analysis


The global Senior Friendly Packaging market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European Senior Friendly Packaging market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Senior Friendly Packaging market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Senior Friendly Packaging market comprises the Middle East, Africa, and Latin America.


The North American regional sector maintained the largest market share for Senior Friendly Packaging. The aging population in North America is driving growth in the Senior Friendly Packaging market. The area gives preference to packaging designs that address the unique requirements of the elderly population, emphasizing use and accessibility. Steady expansion in this market is fueled by innovations in packaging materials and methods, which are critical to improving seniors' independence and quality of life.


Moreover, the European market has been persistently growing over the forecast period. The aging population in Europe is fueling a boom in the market for senior-friendly packaging. Large typefaces, ergonomic designs, and simple-to-open mechanisms are highlighted in this packaging. As a result of laws that support packaging solutions catered to the particular requirements and capacities of seniors, European nations are becoming more and more conscious of the significance of senior-friendly packaging.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The senior population in Asia-Pacific is growing at a rapid pace, which is driving the market for senior-friendly packaging. Producers are concentrating on developing packaging that promotes independence and user-friendliness by addressing mobility and sensory issues. A cultural shift that values the needs of older people and their preferences for accessible packaging is driving the market's growth.


Furthermore, the rest of the world's Senior Friendly Packaging market is divided into the Middle East, Africa, and Latin America. The demand for senior-friendly packaging is expanding in the Rest of the World region, which is consistent with the global trend of an aging population. Senior-friendly packaging options prioritize readability and ease of use. The market is expanding because manufacturers are taking the initiative to provide packaging that meets the specific needs of the elderly population and are more aware of the demographic transition.


Key Findings of the Study



  • The global Senior Friendly Packaging market is expected to reach USD 7.10 billion by 2032, at a CAGR of 5.20% during the forecast period.

  • The Asia-Pacific region grew at the quickest rate in the world market because of its rapidly aging population, rising healthcare spending, and rising healthcare awareness, all of which fueled the need for senior-friendly packaging options.

  • Medical tablets, pills, and syrups are the biggest market segment for senior-friendly packaging, with a market share of between 35% and 45%.

  • Pierson Industries Inc., Rieke Corporation, Keystone Folding Box Company, Polytop Corporation, WestRock Company, Owens-Illinois Inc., Berry Global, Inc., Silgan Plastics Corporation, Stora Enso Oyj, Sonic Packaging Industries, Inc., AptarGroup, Inc, Sanner of America, Inc., and Amcor Ltd.


Read More about this Report: Senior Friendly Packaging Market

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Pages 128
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