Because they are lightweight, chemically robust, and easy to use, polypropylene jars are excellent storage containers for medicinal items and chemical solvents. It is predicted that the plastic jar packaging market would generate revenues of over US$3530.19 million by the end of 2033.
The plastic jar packaging market will see rising demand throughout the pandemic since plastic has become a crucial component in chemical and biomedical applications due to the requirement for safety.
The plastic jar packaging market will grow at a CAGR of roughly 2.7% during the forecast period, according to the most recent report from Future Market Insights. In 2023.
According to the analysis, plastic jars that hold less than 10 oz. will continue to have a disproportionate amount of the market share across a variety of industry groups. Smaller plastic jars with a volume of less than 10 oz will continue to be popular in the coming years due to rising consumer propensity towards portion management, according to the analysis.
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some of the most prominent, active competitors in the global plastic jar packaging landscape, including
- Alpha Packaging Inc.,
- Ontario Plastic Container producers Ltd.,
- Cospak Pty Ltd.,
- Gepack Srl,
- Amcor Limited,
- Berry Global Inc.,
- Gerresheimer AG,
- Olcott Plastics, Inc.,
- RPC M&H Plastics Ltd.,
End-use Manufacturers Still Prefer Plastic Jar Packaging Solutions
In the report, FMI suggests that the emergence of plastic jar packaging as lightweight, secure, impact-resistant, durable, and cost-effective solution will create significant demand from various end-use industries during the forecast period.
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Key Segments Covered in Plastic jar packaging Market Study
By Material Type:
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Others (polycarbonate, polylactide etc.)
By Capacity:
- Less than 10 Oz
- 11 – 30 Oz
- 31 – 60 Oz
- More than 61 Oz
By End Use:
- Food and Beverages
- Personal Care & Cosmetics
- Homecare
- Pharmaceuticals
- Chemicals
- Others
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Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
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