Projected to hit a valuation of US$ 27,051 million in 2023, the global plastic jar packaging market is anticipated to escalate further, reaching an estimated US$ 35,309.19 million by 2033. The demand for plastic jar packaging is poised to exhibit a consistent and steady growth, with an estimated Compound Annual Growth Rate (CAGR) of 2.7%.
Plastic jar packaging industry is expected to register elevated demand for plastic jar packaging post the pandemic, as the need for safety has made plastic an essential item in chemical and biomedical applications.
The plastic jar packaging sector in North America, particularly in the United States, is poised for expansion, fueled by a growing preference for environmentally sustainable packaging solutions. Expected to capture a significant share of around US$ 5,976.9 million by the close of 2023, the region is projected to experience a growth rate of 2.5% during the forecast period, surpassing the historical rate of 2%.
The United States emerges as a key player in the global plastic jar packaging market, benefiting from a robust packaging industry and a substantial consumer base, with the food and beverage sector serving as the predominant end-user, closely trailed by the personal care and beauty industry.
Meanwhile, in Europe, with its well-established packaging industry, the plastic jar packaging market is anticipated to grow at an accelerated rate of 2.2% during the forecast period, driven by factors like the demand for convenience foods and the surge in e-commerce. Sustainability remains a prominent catalyst, with an increasing inclination towards eco-friendly container and packaging solutions. Nevertheless, regulatory constraints and environmental considerations may shape the market dynamics as governments introduce measures to reduce plastic waste and promote the adoption of environmentally responsible materials.
Request Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-3076
Overall, both North America and Europe are witnessing the growth of the plastic jar packaging market, fueled by consumer demand for convenient and sustainable packaging solutions. However, regulatory factors and external disruptions, like the impact of the COVID-19 pandemic, also play a role in shaping market dynamics.
Sustainable Plastic Containers is a popular choice for a wide range of products, from food and beverages to personal care items and household goods. The market for plastic jar packaging is growing, driven by factors such as increasing demand for convenient and lightweight packaging, as well as advancements in technology that have made plastic jars more durable and eco-friendly.
One major trend driving the growth of the Sustainable Plastic Containers market is the increasing demand for convenient and lightweight packaging. Plastic jars are lightweight and easy to transport, making them a popular choice for manufacturers and consumers alike. They are also easy to open and close, making them convenient for on-the-go usage. This trend is particularly prevalent in the food and beverage industry, where plastic jars are commonly used to package products such as jams, sauces, and dips.
Another trend driving the growth of the Sustainable Plastic Containers market is the increasing focus on eco-friendly packaging. Plastic jars are now being made from recycled materials, making them more sustainable and environmentally-friendly. Additionally, many manufacturers are now using lighter-weight plastics, which use less energy to produce and reduce carbon emissions. This trend is becoming more and more important as consumers become more environmentally conscious and demand more sustainable options.
The advancements in technology are also playing a vital role in the growth of the plastic jar packaging market. New technologies like blow molding, injection molding, and thermoforming have made plastic jars more durable and resistant to impact, making them more suitable for packaging a wide range of products. Additionally, new packaging designs like tamper-evident closures and child-resistant closures have also made plastic jars more secure and safe.
Leading players operating in the plastic jar packaging market are
- 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.,
- All American Containers, Inc.,
- Tim Plastics, Inc.,
- Pretium Packaging, LLC,
- Integrity Cosmetic Container Industrial Co., Ltd.,
- Silgan Holdings Inc.,
- Taral Plastics, Inc.,
- SKS Bottle & Packaging, Inc.,
- Neville and More Ltd., Ltd.
- Plasmo Pty Ltd, Zenith Global Ltd,
- Thornton Plastics Co.,
- Rayuen Packaging Co., Limited.
Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/3076
Key Segments-
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
In conclusion, the plastic jar packaging market is expected to grow in the coming years, driven by increasing demand for convenient and lightweight packaging, advancements in technology, and a growing focus on eco-friendly packaging. Manufacturers are focusing on introducing new and innovative packaging designs, which will be beneficial for the growth of the market. The plastic jar packaging market is a highly competitive market and the leading players are focusing on strategic collaborations and mergers and acquisitions to increase their market share.
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
