The global pinch grip jars market, valued at USD 2.5 billion in 2021, is projected to reach USD 3.9 billion by 2031, expanding at a CAGR of 4.5% from 2021 to 2031. The growth of pinch grip jars reflects the rising demand for user-friendly packaging solutions that meet the needs of diverse consumer groups, including those who prioritize ease of use and accessibility in product packaging.
Pinch grip jars, known for their square shape, wide mouth, and molded indentations, provide convenient, ergonomic storage for various items, from food to small household goods. The popularity of these jars is expected to grow as consumers increasingly seek sustainable packaging options that are easy to handle and ideal for both retail and e-commerce channels.
Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Pinch Grip Jars
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Pinch Grip Jars market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Pinch Grip Jars Market Takeaways and Projections
- The U.S. is expected to lead the North America Pinch Grip Jars market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
Report Benefits & Key Questions Answered
- Pinch Grip Jars Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Pinch Grip Jars for the assessment period. As per the study, the demand for Pinch Grip Jars will grow at a robust CAGR between 2021 and 2031.
- Pinch Grip Jars Market Trend Analysis: The latest study by FMI on the Pinch Grip Jars market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Pinch Grip Jars market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Pinch Grip Jars Market: Market Segmentation
Based on Storing Capacity:
- 16 Oz
- 32 Oz
- 64 Oz
- 128 Oz
- 1 Gal
- Others
Based on Material:
- PET (Polyethene terephthalate)
- PP (Polypropylene)
- PVC (Polyvinyl chloride)
Based on Color:
- Black
- Clear
- Nature
- White
Based on the Region:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
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