The global packaging jars market is projected to have a moderate-paced CAGR of 2.9% during the forecast period. The current valuation of the market is US$ 33,040.4 Million in 2022. The market value of the packaging jars market is anticipated to reach a value of US$ 43,974.3 Million by the year 2032. The need for packing jars is anticipated to rise in the next years due to factors such as their weight, attractive packaging, simplicity of usage, and numerous other factors.
Packaging jars are containers made of glass or plastic that are used for storing various products. They come in different shapes and sizes, and are available in various designs to suit the specific requirements of different industries. The market for packaging jars has witnessed significant growth in recent years, owing to the increasing demand for products that are safe, hygienic, and easy to use.
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Global Packaging Jars – Key players
Few of the key players in the packaging jars market are
- Owens Illinois Group Inc.,
- Amcor Ltd,
- Berry Global, Inc.,
- Graham Packaging Company Inc.,
- Ball Corporation,
- Silgan Holdings Inc.,
- Ontario Plastic Container Producers Ltd.,
- Container Corporation of Canada Ltd.,
- Raepak Ltd,
- Alpha Packaging, Inc.,
- Olcott Plastics, Inc.,
- Cospak Pty Ltd.,
- Great Western Containers Inc., etc.
Global Packaging Jars – Market Dynamics
Over the past few years there has been a substantial transformation in the global consumer packaging market which have created opportunities for customization of formulation and its packaging design. Over the backdrop of retail sector growth of approximately 5% over the forecast period, the market for packaging jars saw an augmentation in the sales.
Furthermore, the growing FMCG sector in developing economies across the globe are positively impacting the packaging jars market. The growing ready to eat market which have a significant share of packaging jars is also impacting the growth for the packaging jars market.
In addition, packaging jars market is gaining momentum with the increasing urbanization rate across the globe. Moreover, despite of having positive condition for packaging jars market it is hampered from stringent government policy for the usage of plastic due to environmental and wastage issues. Packaging jars market also saw the restraints due to the problem of recyclability.
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Packaging Jars Market: Drivers and Restraints
The Packaging Jars Market is driven by various factors such as increasing demand for sustainable packaging solutions, growing demand for convenient and easy-to-use packaging, and rising demand for packaged food and beverages. However, the market is also restrained by factors such as high costs associated with packaging jars and strict regulations on the use of plastic packaging.
Packaging Jars Market: Trends
The Packaging Jars Market is witnessing several trends that are shaping the industry. Some of the key trends include the use of sustainable materials in packaging jars, the introduction of smart packaging solutions, and the increasing demand for eco-friendly packaging.
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The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The 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
- The 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 Packaging Jars – Market Segmentation
The global packaging jars market can be segmented by the material type, by product type, by capacity and by end user base.
On the basis of material type, the global packaging jars market is segmented into:
- Plastic
- Polyethylene (PE)
- HDPE
- LDPE
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Polypropylene (PP)
- Ethyl Vinyl Alcohol (EVOH)
- Others
- Glass
On the basis of product type, the global packaging jars market is segmented into:
- Straight Sided
- Snap Top
- Domed Based
- Taped Jars
- Others
On the basis of capacity, the global packaging jars market is segmented into:
- Small size (Less than 10 oz)
- Medium size (10 oz to 30 oz)
- Large size (30 oz to 100 oz)
- Very large size (100 oz & Above)
On the basis of end user base, the global packaging jars market is segmented into:
- Food & Beverages
- Cosmetics & Personal Care
- Home Care
- Pharmaceuticals
- Chemicals & Lubricants
- Other End Use
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