According to the most recent report from Future Market Insights (FMI), the jars market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 3.9% between 2023 and 2033. Projections indicate that the market size will undergo expansion, increasing from US$ 43.8 billion in 2023 to a substantial US$ 64.3 billion by 2033. This growth trajectory underscores the sustained demand for jars across various industries, emphasizing their diverse applications. The projected CAGR reflects the market’s adaptability to evolving needs, positioning jars as essential components in packaging and storage solutions, and underscoring their significance in the global market landscape.
Jars, versatile rigid containers crafted from materials like plastic, glass, metal, or paper, serve the purpose of storing and transporting various products. Available in sizes ranging from less than 10 OZ to more than 50 OZ, these containers find applications in diverse industries, including food and beverage, pharmaceuticals, cosmetic and personal care, home care, oil and lubricants, as well as chemical and fertilizers. Their widespread utility underscores the significance of jars as essential packaging solutions across multiple sectors.
By the conclusion of 2033, the United States is projected to hold a commanding share, comprising approximately 83% of the North American jars market. The jars industry in the United States is poised for expansion, with a forecasted compound annual growth rate (CAGR) of 3.3% during the forecast period. The escalating demand for jars in candle-making is set to be a significant catalyst for growth in the country, as per insights from the National Candle Association. Container and jar candles, preferred by U.S. consumers, are expected to play a pivotal role as a primary driver of growth throughout the forecast duration.
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Paper jars also offer increased versatility. They can be designed with different textures and finishes, thus creating attractive and distinct packaging that tempts customers. These jars can further be imprinted with custom designs that showcase the brand’s aesthetic values, thus creating a cohesive brand identity.
Plastic jars, however, still hold a substantial share of the market. They are densely used in multiple end-use industries. Glass jars and mason jars are finding increased application for packaging domestically-produced food items and canning purposes. Mason jars come with a special lid that acts as an effective barrier against outside air and inside contents, thus avoiding food spoilage.
Top Highlights from the FMI’s Analysis of Jars Market:
- North America jars industry obtained a 23.7% market share in 2022. The United States jars industry gathered a maximum value share of 20.3% in the same year.
- Europe jars industry is expected to display more than 17.9% value share in 2023. Germany’s jars industry is projected to contribute above 4.6% market share in the same year.
- Since Europe region is quite saturated with the presence of manufacturers, the United Kingdom is expected to register CAGR of 2.1% over the forecast period.
- Japan’s jars industry is anticipated to exceed 4.1% market share in 2023.
- India is expected to observe relatively high growth in the upcoming years. As per the latest statistics by FMI, India jars industry is projected to expand at 5.3% CAGR over the next 10 years.
- China’s jars industry is anticipated to expand at 4.6% CAGR in this decade.
- In 2023, the plastic jars sector is projected to surpass 65% value share.
- Based on end-use, the food and beverages segment is expected to account for a value share surpassing 34.5%.
For Instances-
- In April 2021, one of the leading manufacturers of plastic bottles and jars named Alpha Packaging announced the acquisition of Boxmore Plastics Limited to expand its product offering in Europe region.
- In January 2021, Gerresheimer AG announced the opening of its new production plant in India for the plastic container which is expected to help the company to strengthen its production capacity for plastic containers.
Market Drivers:
- Increasing Demand for Packaging Solutions: The demand for jars is often driven by the need for effective packaging solutions, especially in the food and beverage industry. Jars are preferred for their convenience, durability, and the ability to preserve the freshness of products.
- Growing Food and Beverage Industry: The expansion of the food and beverage industry, including the demand for processed foods, sauces, condiments, and ready-to-eat meals, contributes to the growth of the jars market.
- Preference for Sustainable Packaging: As consumers become more environmentally conscious, there is a growing demand for sustainable and eco-friendly packaging. Jars made from recyclable materials or those with eco-friendly packaging designs may experience increased popularity.
- Innovation in Design and Material: Technological advancements and innovations in jar design and materials can drive market growth. Lightweight, shatterproof, and aesthetically appealing jars may attract consumer attention.
- E-commerce Boom: The rise of e-commerce has influenced packaging trends. Jars with features that cater to online sales, such as secure sealing mechanisms and break-resistant materials, may experience increased demand.
Market Restraints:
- Cost of Packaging Materials: The cost of materials used to manufacture jars, especially if they are made from specialized or eco-friendly materials, can be a restraining factor. Manufacturers need to balance the desire for sustainable packaging with cost considerations.
- Regulatory Compliance: Stringent regulations regarding packaging materials and food safety can pose challenges to the jars market. Meeting compliance standards may require additional investments in testing and certification.
- Competition from Alternative Packaging Solutions: Jars face competition from alternative packaging solutions, such as pouches, cartons, and flexible packaging. Consumer preferences and industry trends may shift towards these alternatives, affecting the demand for jars.
- Impact of Economic Conditions: Economic downturns or instability can impact consumer spending habits and, consequently, the demand for certain packaged goods. This can affect the jars market, especially for non-essential or luxury products.
- Logistical Challenges: Jars, especially glass ones, can be heavy and fragile, leading to logistical challenges in transportation and storage. This can impact the cost-effectiveness of the packaging solution.
Key Players Working in the Jars Industry
- Berry Global Group
- Amcor plc
- Owens Illinois Group Inc.
- Graham Packaging Company
- Silgan Plastics
- Gerresheimer AG
- Alpha Packaging
- Olcott Plastics
- Cospak Ltd.
- GREAT WESTERN CONTAINERS INC.
- Eco Vision Packaging, Inc.
- Irwin Packaging Pty Ltd.
- Tim Plastics, Inc.
- Integrity Cosmetic Container Industrial Co., Ltd.
- Consol Glass (Pty) Ltd.
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Jars Market by Category
By Material Type:
- Plastic Jars
- Polypropylene (PP)
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Others (PVC, EVOH)
- Glass Jars
- Metal Jars
- Paper Jars
By Capacity:
- Less than 10 OZ
- 10 to 50 OZ
- More than 50 OZ
By End Use:
- Food & Beverages
- Pharmaceuticals
- Cosmetic & Personal Care
- Homecare
- Oil & Lubricants
- Chemical & Fertilizers
By Region:
- North America
- Latin America
- Europe
- The Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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