By 2032, the market for Paragon glass jars is anticipated to reach US$ 120.49 billion, expanding at a CAGR of 5.3% from 2022 to 2032. By 2022, the market for Paragon glass jars is anticipated to be worth US$68.27 billion. The food and beverage industry’s increased need for glass containers is anticipated to drive the expansion of the paragon glass jar market.
Glass packaging has unique benefits including chemical inertness, high recyclability, non-porosity, and impermeability, which are anticipated to fuel the growth of the global paragon glass jar market.
The need for packaged food products from end-user industries is anticipated to fuel the global paragon glass jar market. Olive oil and jam are only two examples of the many culinary products that are packaged using paragon glass
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Elegance Unlocks Better Sales Opportunities for Market Players
Paragon glass jar is widely used for canning food products such as jam, spices, and food products. The straight and tall body of paragon glass coupled with a wide dispensing opening makes paragon glass jar adequate to store more food. Paragon glass provide excellent compatibility of materials with high strength. Glass delivers exceptional barrier properties to the food products which are contained in the paragon glass jar.
Due to the elegant looks provided by the paragon glass they are preferred by the end-user industries as well as consumers for household care. The surface of the paragon glass jar can be easily printed with different printing techniques such as screen printing and digital printing. The paragon glass jar usually has the lug finish which contains thin edges and only requires a half turn to seal the container.
The slender body with high length makes paragon glass jar an ideal solution for space saving. Besides, the transparency provided by the glass allows the consumers to clear showcase the product.
Paragon Glass Jar Market: Dynamics
The distinct advantages provided by glass packaging such as chemical inertness, high recyclability, non-porosity, and impermeability is expected to propel the global paragon glass jar market. The escalated demand of packaged food products from the end-user industries is anticipated to fuel the global paragon glass jar market.
The paragon glass is extensively used to package food products such as olive oil and jams. The increase in demand for these food products is expected to bolster the paragon glass jar market.
However, the increasing penetration of the plastic and metal packaging across the globe can adversely affect the demand of paragon glass jar. The delicate glass body of paragon glass jar makes their use perilous, especially in the household.
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Paragon Glass Jar Market: Key players
Some of the key players operating in the global paragon glass jar market are –
- MJS PACKAGING. ALL
- Vanjoin Hubei Industry Limited (Glassware)
- Foshan Nanhai Luocun Wuzhuang Mingzhu Glass Factory
- Xuzhou Brotherway Glass Products Co., Ltd.
- Berlin Packaging L.L.C.
- Xuzhou Jinzheng Glass Products Co., Ltd.
- Xuzhou Eagle Glass Products Trading Co., Ltd. UPC Packaging
- Plasdene Glass-Pak Pty Ltd.,
- Gamer Packaging, Inc.
- Xuzhou Pengxu Glass Products Co., Ltd.
- Y-Not Design & Mgf
Paragon Glass Jar Market: Segmentation
Globally, the paragon glass jar market is segmented on the basis of capacity and end-user industries which are further segmented as –
On the basis of capacity, the global paragon glass jar market is segmented as-
- Less than 10 oz
- 11 oz – 20 oz
- More than 20 oz
On the basis of end-user industry, the global paragon glass jar market is segmented as-
- Food
- Beverages
- Alcoholic
- Non – alcoholic
- Household Care
- Chemical
- Others
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