The market for screw-top jars is anticipated to grow at a CAGR of 5% over the course of the forecast period, from US$46.3 billion in 2021 to US$80 billion by 2032. As a result of escalating rivalry, the screw top jar market is predicted to exhibit encouraging growth possibilities throughout the forecast period.
It is anticipated that screw top jar sales would increase dramatically. Additionally, sales of screw-top jars will increase by US$ 59 billion by 2026. The expansion of the screw top jar market share is anticipated to be aided by rising screw top jar sales.
This Screw Top Jar market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documents that captures all the facets of the evolving Screw Top Jar market.
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Screw Top Jar Market
This Screw Top Jar market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Screw Top Jar market.
Screw Top Jar Market: An Introduction
During the early 18th-19th century, people didn’t have many methods to preserve their food or to keep it fresh for a longer period of time. To gain a competitive advantage over the enemies, Napoléon Bonaparte offered 10,000 Francs as a prize to anyone who could bring the solution to assure delivery of healthy and fresh food for his soldiers. A French chef, Nicolas Appert, won the challenge by introducing a concept of preserving food hermetically. This invention brought a revolution among scientists around the world, leading to development of storage jars or screw top preserving jars.
In early days, screw top jars were made of metal and glass. Over the years, the ubiquity of plastic has impacted the development of screw top jars, making these containers available to every household with excellent properties of preserving food products. Today, screw top jars enable ultraviolet filtering, in addition to sealing food.
Market Growth Analysis
Patterns. Growth in demand for high-end products for regular activities is expected to contribute to the growth of the screw top jar market. On the other hand, concerns over environmental impact of plastic are influencing a gradual shift towards glass screw top jars over plastic screw top jars, especially for edible food products.
Significant development of the healthcare industry, especially in developing countries, and growing focus on safety aspects for each product and item used within the industry is expected to result in increased demand for eco-friendly and biodegradable screw top jars.
Screw Top Jar Market: Regional Outlook
Growth prospects of the screw top jar market are expected to high in Asia Pacific, as relatively low labor and manufacturing costs in countries such as Indonesia, China, and India are attracting huge attention from key players to establish their manufacturing plants. China is projected to be the world’s leading exporter of screw top jars, followed by Europe and North America. The latter regions are further expected to collectively account for half of the total global sales of screw top jars. Key players in the screw top jar market are also tapping opportunities in Latin America and Middle East & Africa.
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Screw Top Jar Market: Key Players
Leading companies operating in the screw top jar market are Kilner, Infinity jars, PacZone, SKS Bottle & Packaging, Inc., Xuzhou Wan Xuan Import & Export Trading Co., Ltd., and JX Pack. In addition, a growing number of indigenous and unorganized companies are vying for a pie of the screw top jar market.
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, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on screw top jar market segments and geographies.
Key Segments For Screw Top Jar Market
By Material:
- Plastic
- Polyethylene Terephthalate (PET)
- Poly Propylene (PP)
- Polyethylene (PE)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Glass
- Others
By Capacity:
- Less than 50 ml
- 51-200 ml
- 201- 500 ml
- 501-1000 ml
- 1000 ml and above
By End Use:
- Personal Care
- Healthcare and Pharmaceuticals
- Chemicals
- Food & Beverages
- Cosmetics
- Household
By Region:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
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What to Expect in Our Report?
(1) A complete section of the Global Screw Top Jar market report is dedicated to market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Screw Top Jar market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Screw Top Jar market.
(4) The report also discusses the competitive situation and trends and sheds light on company expansions and mergers and acquisitions taking place in the Global Screw Top Jar market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Screw Top Jar Market report.
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