22-Aug-2024 | Zion Market Research
Zion Market Research has published a new report titled “Plastic Jar Packaging Market By Material (Polyethylene Terephthalate, Polyethylene, Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, and Others), By Capacity (Less Than 10 Oz, 11 – 30 Oz, 31 – 60 Oz, and More Than 61 Oz), and By End-Use Industry (Food & Beverages, Personal Care & Cosmetics, Homecare, Pharmaceuticals, Chemicals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, the global plastic jar packaging market was 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.
Browse the full “Plastic Jar Packaging Market By Material (Polyethylene Terephthalate, Polyethylene, Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, and Others), By Capacity (Less Than 10 Oz, 11 – 30 Oz, 31 – 60 Oz, and More Than 61 Oz), and By End-Use Industry (Food & Beverages, Personal Care & Cosmetics, Homecare, Pharmaceuticals, Chemicals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032?” Report at https://www.zionmarketresearch.com/report/plastic-jar-packaging-industry
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.
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. China, India, Thailand, Indonesia, and South Korea are witnessing a steady growth in the use of plastic jar packaging across various end-user industries. North America was the second-largest plastic jar packaging market in the world in 2018.
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
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