The global packaging jar market is expected to witness robust growth, with revenue set to increase from USD 40.6 billion in 2024 to USD 52.1 billion by 2034, according to recent industry projections.
The market, which generated USD 39.3 billion in 2023, is forecasted to record a compound annual growth rate (CAGR) of 2.5% over the next decade. The growing demand for packaging jars is being driven by their widespread application across key industries, including cosmetics, personal care, food and beverages, pharmaceuticals, and home care.
Packaging jars offer essential protection for products, safeguarding them against wear and tear during handling and transportation. The surge in demand for cosmetics and personal care products is one of the primary drivers of packaging jar sales. Additionally, the increasing focus on sustainable packaging solutions is expected to further fuel industry growth over the forecast period.
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The food and beverage sector, in particular, has been a key contributor to the rise of the packaging jar market, as the industry seeks cost-effective, efficient packaging solutions to meet evolving consumer needs. The rise of eCommerce and online retail is also reshaping the industry, with transportation requirements creating new opportunities for businesses to innovate and deliver better packaging formats.
Convenience foods and luxury packaging are pushing the paperboard packaging jar market toward greater innovation, with personalized packaging solutions becoming a growing trend. Over the past year, packaging jar sales have increased by 20%, showcasing the strong consumer demand for these versatile containers.
Airless packaging jars, also known as vacuum jars, are gaining popularity as they offer unique benefits such as reducing food spoilage by extracting air before sealing. These jars are particularly favored by consumers for preserving fruits, vegetables, and cosmetics without the need for preservatives. The demand for airless packaging is expected to continue rising, as consumers prioritize sustainable and space-efficient packaging solutions.
Key Takeaways from the Packaging Jar Market:
- The global packaging jar market recorded a modest CAGR of 1.6% between 2019 and 2023.
- In the United States, demand for jars used in eCommerce packaging is projected to experience a CAGR of 1.3%.
- The United Kingdom packaging jar market is expected to witness a CAGR of 1.5% during the forecast period.
- India stands out with a significantly higher CAGR of 4.6%, creating strong incremental opportunities.
- Plastic material is anticipated to dominate the market with a projected revenue share of 53.2% by 2024.
Competition Outlook
Significant firms in the packing jar market are developing and releasing new products into the industry. The goal is to grow regionally and integrate with other companies. The trend of producing new goods in collaboration with start-ups and regional firms is expected to grow in the coming decade.
Up-and-coming enterprises are investing in the development of innovative materials and personalised packing containers. Product launches, mergers and acquisitions, and production facility construction are all examples of trade techniques used by prominent corporations. This is done to improve the efficiency of consumer product packaging.
The need for custom-made packing jars is increasing in a variety of industries, including FMCG, cosmetics, and pharmaceutical. Brands are investing in the creation of unique jar and container designs to market their products.
Leading Packaging Jar Brands
- Ball Corporation
- Anchor Hocking
- O-I Glass, Inc. (Owens-Illinois)
- Ardagh Group
- Stanpac
- Berlin Packaging
- Gerresheimer AG
- Kaufman Container
- TricorBraun
- Bormioli Rocco
- Berry Global Group
- Amcor plc
- Graham Packaging Company
- Silgan Plastics
- Alpha Packaging
Recent Development
- In November 2023, ABA Packaging offered a variety of glass components, including Luna Bottle, Hunter Jar, and Abby bottles, with wide-neck designs, sturdy elegance, and quick fulfillment. These versatile packaging solutions cater to various product containment needs.
- In November 2023, Gerresheimer and Rezemo partnered to develop bio-based closures for recyclable glass jars, aiming to reduce primary packaging’s environmental footprint while offering innovative solutions.
- In November 2023, ITC Packaging collaborated with BMB SPA and Novapet to introduce TWI-PET, a flexible PET packaging system that reduces wall thickness by 15%, optimizes weight, and reduces energy use.
- In November 2023, French plastic jar and bottle manufacturer Axium Packaging acquired Italian company Silte srl, a family-owned SME specializing in extrusion blow and blow molding for Italian markets. The acquisition allows Axium Packaging to strengthen its presence in Italy and expand its range of customized and standard packaging.
- In October 2023, Caudalie collaborated with Lumson to design its Premier Cru La Crème Riche Anti-âge Global packaging, using Italy De Luxe RE PLACE refillable jar, promoting sustainability and responsible consumption.
Key Segments of Market Report
By Material:
In terms of material, the industry is bifurcated into plastic and glass.
By Capacity:
Jars with capacities of up to 50 ml, 51 to 250 ml, 251 to 500 ml, and above 500 ml are described.
By End Use:
Leading end-use industry include cosmetics and personal care, homecare, food packaging, chemicals and pharmaceuticals packaging along with others.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, and the Middle East and Africa are covered.
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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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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