Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 26.83 Billion | USD 36.82 Billion | 3.58% | 2023 |
The global plastic jar packaging market size was worth around USD 26.83 billion in 2023 and is predicted to grow to around USD 36.82 billion by 2032 with a compound annual growth rate (CAGR) of roughly 3.58% between 2024 and 2032.
The plastic jar packaging market is likely to experience significant growth globally in the upcoming years, owing to the growing demand for lightweight, durable, impact-resistance, and cost-effective packaging formats. The demand for effective and budget-friendly packaging formats across various industries, particularly in the food and beverages sector, is expected to further fuel the plastic jar packaging market over the forecast time period. Rapid urbanization and improving living standards of people will also increase the demand for plastic jar packaging in the years to come.
However, the growing raw material prices of plastic jar packaging may hamper the plastic jar packaging market development on a global scale. The flourishing food and beverages sector in emerging countries and advancements in plastic jar packaging technology will generate new opportunities for the major market players.
The plastic jar packaging market is fragmented based on material, capacity, and end-use industry.
By material, the plastic jar packaging market includes polyethylene, polyethylene terephthalate, polystyrene, low-density polyethylene, polypropylene, high-density polyethylene, polyvinyl chloride, and others (polycarbonate, polylactide, etc). Polyethylene terephthalate was the fastest-growing segment in the market and accounted for a significant share in 2018.
By capacity, the market is segmented into more than 61 Oz, 31 – 60 Oz, 11 – 30 Oz, and less than 10 Oz.
By end-use industry, the market comprises food and beverages, chemicals, personal care and cosmetics, pharmaceuticals, homecare, and others. In 2018, the food and beverages segment led the plastic jar packaging market.
Report Attributes | Report Details |
---|---|
Report Name | Plastic Jar Packaging Market |
Market Size in 2023 | USD 26.83 Billion |
Market Forecast in 2032 | USD 36.82 Billion |
Growth Rate | CAGR of 3.58% |
Number of Pages | 110 |
Key Companies Covered | Alpha Packaging, Cospak, Ontario Plastic Container Producers, Amcor Limited, Gepack, Gerresheimer, Berry Global, RPC M&H Plastics, Olcott Plastics, Tim Plastics, All American Containers, Integrity Cosmetic Container Industrial, Pretium Packaging, Taral Plastics, Silgan Holdings, Neville and More, SKS Bottle & Packaging, Zenith Global, Plasmo, Rayuen Packaging, and Thornton Plastics. |
Segments Covered | By material, By capacity, By end-use industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
In 2018, the Asia Pacific was the largest plastic jar packaging market due to the rising use of plastic jar packaging in food and beverages, personal care and cosmetics, homecare, pharmaceuticals, and chemical industries. Moreover, the region is anticipated to be the fastest-growing market for plastic jar packaging in the years ahead, owing to rising urbanization and industrialization in the region.
The global plastic jar packaging market is led by players like:
Global Plastic Jar Packaging Market: Material Analysis
Global Plastic Jar Packaging Market: Capacity Analysis
Global Plastic Jar Packaging Market: End-Use Industry Analysis
Global Plastic Jar Packaging Market: Regional Analysis
FrequentlyAsked Questions
Plastic jar packaging is the term used to describe the storage and transportation of a variety of products in plastic containers, which are typically equipped with a screw-on or snap-on closure. These jars are extensively employed in a variety of industries, such as pharmaceuticals, cosmetics, domestic products, and food and beverages.
The growth of plastic jugs is driven by the growing demand for portable, lightweight, and convenient packaging solutions. The demand for plastic jugs is on the rise as more individuals relocate to urban areas, which in turn increases the demand for packaged food and ready-to-use products.
The global plastic jar packaging market size was worth around USD 26.83 billion in 2023 and is predicted to grow to around USD 36.82 billion by 2032.
The global plastic jar packaging market a compound annual growth rate (CAGR) of roughly 3.58% between 2024 and 2032.
In 2018, the Asia Pacific was the largest plastic jar packaging market due to the rising use of plastic jar packaging in food and beverages, personal care and cosmetics, homecare, pharmaceuticals, and chemical industries. Moreover, the region is anticipated to be the fastest-growing market for plastic jar packaging in the years ahead, owing to rising urbanization and industrialization in the region.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed