According to Future Market Insights, the global senior friendly packaging market is poised for steady growth, projected to increase from USD 4.5 billion in 2022 to USD 7.6 billion by 2032, at a CAGR of 5.4% over the forecast period. This growth reflects the rising demand for accessible and sustainable packaging solutions catering to the needs of the elderly population.
Key Product Segment: Easy-Grip Bottles and Containers
The easy-grip bottles and containers segment leads the market, projected to dominate with 32% of global market share by 2032. This segment addresses the critical need for ergonomic designs, improving accessibility and convenience for senior consumers.
Emerging Trend: Bio-Plastic Packaging Gains Momentum
A significant trend reshaping the senior friendly packaging market is the growing adoption of bio-plastic materials, driven by escalating environmental concerns and regulatory pressures to reduce plastic usage. Bio-plastic packaging provides an eco-friendly alternative to traditional petroleum-based plastics, offering a solution that aligns with sustainability goals.
Benefits of Bio-Plastic in Senior Friendly Packaging:
- Sustainability: Bio-plastics are derived from renewable resources, ensuring minimal reliance on fossil fuels.
- Recyclability: The materials are designed to reduce environmental impact, supporting circular economies.
- Abundant Raw Materials: With raw materials sourced from natural origins, bio-plastics offer long-term scalability.
- Government Support: Stringent regulations against conventional plastics bolster the adoption of bio-plastic solutions.
Global Senior Friendly Packaging Market – Key players
Key players for senior friendly packaging market can be segmented based on Tier 1, Tier2 and Tier 3 based categories.
Tier 1 players: Amcor Ltd, Berry Global, Inc., WestRock Company, Owens-Illinois Inc, Silgan Plastics Corporation, Stora Enso Oyj, AptarGroup, Inc, etc.
- Amcor Ltd. manufactures newly developed senior friendly blister packaging solutions which are puncture resistant with specialized peelable cover which can be easily peeled by senior citizens.
- Berry Global, Inc develops and manufacturers more than 100 types of senior friendly caps and closures for the convenience of senior citizens. The company develops one – piece or two – piece product designs ranging from 18 mm to 110 mm in diameter.
- WestRock Company through its subsidiary MeadWestvaco Healthcare Packaging LLC manufactures 4 different names types of senior friendly / child resistant products by brand name Dosepak, PerfPak, Shellpak and Surepak.
- AptarGroup, Inc manufactures nasal spray pumps which are senior friendly and have special closure for child resistance.
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- 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 Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Senior Friendly Packaging Market – Segmentation
The global senior friendly packaging market can be segmented by material type, product type, packaging type, and by application. Pricing has being done based on material type segment in US$ million and the volume is considered in units.
On the basis of material type, the global senior friendly packaging market is segmented into –
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Metal
- Glass
- Others
On the basis of packaging type, the global senior friendly packaging market is segmented into –
- Blisters
- Bottles
- Tubes
- Cans
- Jars
- Bags
- Pouches
- Others
On the basis of application, the global senior friendly packaging market is segmented into –
- Medicinal Pills & Tablets
- Body Care Products
- Hair Care Products
- Shampoos & Conditioners
- Dental Care
- Others
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