Global plastic jar packaging market is expected to be valued at US$ 27051 million in 2023 and to reach a valuation of US$ 35309.19 million by 2033. The demand for plastic jar packaging is estimated to grow at a steady 2.7% CAGR.
Plastic jar packaging is considered to be highly protective. Several end-use industries are focusing on plastic jar packaging to secure high-end products, including food & beverages, cosmetics & personal care, home care, pharmaceuticals, and other products.
Plastic jar packaging is sealed in such a way so that it can shield the products from outside tampering. Plastic jar packaging is food grade, durable, and strong enough to protect the product from adverse climatic conditions and damage during transportation & handling. Such factors are likely to fuel the growth of the global market during the forecast period.
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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%.
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.
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.
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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.
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.
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
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