Who is in the room
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Modelling is largely an adult hobby
Scale modelling, radio control and diorama work are done by adults with tools, solvents and patience. The products are made and marketed for them.
Which is relevant to one question and not the other
Whether a product is a children's product turns on a four-factor test, and the resin jewelry property covers it including the finding that the packaging is one of the four factors.
But the physical hazard does not consult the test
A 2 mm screw on a carpet and a neodymium magnet under a sofa are the same object whoever bought them. The cylinder is a description of a child's airway rather than of a market.
So the gauges are worth knowing even outside the rules
A modeller with a toddler in the house can use the same cylinder test to decide what gets a locking lid and what can sit open on the bench.
Which is a container decision
31 child resistant closures on this shelf. Not required by anything in this property, and the right choice for a jar of magnets in a family home.
Storage height does as much as the closure
A sealed jar on a high shelf beats a child resistant jar within reach. The container is half the control and where it lives is the other half.
The magnets are the ones to lock up
Because the injury does not announce itself. A swallowed screw is usually obvious and a swallowed pair of magnets may not be until a perforation has happened.
And loose is the operative word
The magnet standard reaches loose or separable magnets. A magnet set into a finished model is a different situation from twenty of them in an open dish on a workbench.
If you sell what you build
Then the four-factor test and the two gauges both become live, and the packaging you choose is part of the first one. That is the resin jewelry property in full.
If you only build for yourself
Nothing here is a requirement. The cylinder is still the best available description of what a small part can do, and it costs nothing to use it as one.