Plastic Jar Packaging Market Size & Growth Analysis to 2030

The global plastic jar packaging market size was valued at over USD 26 billion in 2022 and expected to grow at a significant growth rate (CAGR) of around 3% during the forecast period from 2023 to 2030. By region, the Asia Pacific is estimated to hold the largest market share in the benchmark year owing to the increasing application in various end-use industries including personal care & cosmetics, food & beverage, and the healthcare sector.

The increasing of processed food & beverage products coupled with the fast-growing consumer goods products, especially in FMCG is a key factor driving the global plastic jar packaging industry at a significant growth rate. The significant growth in processed food sales and the rising adoption of eco-friendly packaging solutions are some prominent factor to drive the market growth. Furthermore, the increase in the adoption of recyclable packaging materials among manufacturers, increasing focus on reducing packaging waste, adoption of biodegradable materials, and adoption of sustainable packaging solutions such as refillable jars and bulk packaging are anticipated to drive the market.

Market Snapshot:

To know more about the research study, request sample papers

Market Drivers:

Growing Consumer Demand for Convenience: Consumers are increasingly seeking convenience in their packaging choices. Plastic jars offer easy handling, resealability, and portability, making them a preferred choice for various products. The convenience factor drives the demand for plastic jar packaging, especially in industries such as food, personal care, and household products.

Increasing Demand for Sustainable Packaging: Sustainability concerns have become more prominent in recent years, and the plastic packaging industry has responded by developing eco-friendly options. Recyclable and biodegradable plastic jars made from post-consumer recycled materials or bio-based plastics are gaining traction, meeting the demand for sustainable packaging solutions.

Growth in Food and Beverage Industry: The food and beverage industry is a major driver of the plastic jar packaging market. Plastic jars are widely used for packaging a range of food products, including sauces, condiments, spreads, snacks, and beverages. The industry’s growth, driven by factors such as changing consumer lifestyles, convenience foods, and increased demand for ready-to-eat products, directly impacts the demand for plastic jar packaging.

Increasing Demand for Personal Care Products: The personal care and cosmetics industry is another significant contributor to the plastic jar packaging market. Plastic jars are extensively used for packaging skincare creams, lotions, hair care products, cosmetics, and other personal care items. The rising consumer demand for personal care products, especially in emerging economies, drives the demand for plastic jar packaging.

Branding and Shelf Appeal: Packaging plays a crucial role in branding and attracting consumers’ attention on store shelves. Plastic jars offer ample surface area for branding, labeling, and attractive designs, enhancing the visibility and shelf appeal of products. Companies are leveraging the versatility of plastic jars to create unique and visually appealing packaging that differentiates their products from competitors.

Technological Advancements in Packaging: Technological advancements in plastic jar manufacturing have led to improved designs, features, and customization options. Advanced techniques such as in-mold labeling (IML), embossing, and 3D printing enable manufacturers to create eye-catching and functional plastic jar packaging. These innovations drive the market by meeting the evolving demands of both consumers and brand owners.

Cost-Effectiveness and Durability: Plastic jars are cost-effective compared to other packaging materials such as glass or metal. They offer durability and resistance to breakage during transportation and handling, reducing the risk of product damage. The cost-effectiveness and durability of plastic jars make them a popular choice for packaging, particularly for products that require extended shelf life.

Regulatory Compliance and Safety: Plastic jar packaging must comply with regulations and safety standards to ensure product integrity and consumer safety. Manufacturers need to meet requirements related to food contact materials, quality assurance, and product safety. The demand for plastic jar packaging that meets these regulatory standards drives market growth.

Market Insights:

By material, the PET segment is estimated to dominate the global plastic jar packaging market in 2022

The global plastic jar packaging market is bifurcated into material, capacity, end-use, and geography. On the basis of material, the market is further segmented into polyethylene terephthalate (PET), polyethylene (PE), polyvinyl chloride (PVC), and others. The PET segment dominated the global market in 2022 and expected to maintain its dominance over the forecast period. The wide application range of PET-based jar packaging across various end-use industries including food & beverage, personal care, and pharmaceuticals is a prominent factor driving the segment growth. Furthermore, the increasing demand and growing adoption of sustainable packaging solutions among a consumer and manufacturers is further anticipated to propel the segment growth over the forecast period.

By end-use, the food and beverage segment is anticipated to hold the largest market share of over 1/3 share globally

On the basis end-use, the market is segmented into food and beverages, personal care & cosmetics, homecare, pharmaceuticals, and others. The food & beverage segment dominated the global plastic jar packaging market in 2022 and estimated to hold the largest revenue share of over 1/3 market share by the end of the analysis period. The increasing demand for convenience and ready-to-eat food products is one of the key factor driving the segment growth significantly. Furthermore, the changing lifestyle, growing consumption of convenience food products, and rising disposable income in developing economies are estimated to fuel the segment growth over the forecast period.

To know more about the research study, request sample papers

The global plastic jar packaging market report explores the critical analysis of the industry using key parameters. The report covers investment strategies, the need for investment in the industry, and several benefits for investors. Significantly, this report sets out major changes in the global technical regulations for the market, as well as how economic and non-economic constraints are helping the market to grow. Furthermore, the report analyzes the historic and forecasted market size at the global, regional, and country-level. The report also provides a comprehensive analysis of key investment proposals, competitor positions, porter’s five force analysis, SWOT analysis, pestel analysis, value chain analysis, etc.

The plastic jar packaging comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2023 to 2030. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The plastic jar packaging market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Material:

• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
  • Low-Density Polyethylene (LDPE)
  • High-Density Polyethylene (HDPE)
• Polyvinyl Chloride (PVC)
• Polypropylene (PP)
• Polystyrene (PS)
• Others

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

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the plastic jar packaging market report comprises dedicated sections centering on the regional market revenue and trends. The plastic jar packaging market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The plastic jar packaging market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Plastic jar packaging market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.

Competitive Assessment:

Some of the prominent market players operating in the global plastic jar packaging market are Berry Global Inc., ALPHA PACKAGING, Ontario Plastic Container Producers Ltd., Cospak, and GEPACK. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Berry Global Inc., (US)
• ALPHA PACKAGING (India)
• Ontario Plastic Container Producers Ltd., (Canada)
• Cospak (New Zealand)
• GEPACK (US)
• Amcor plc (Switzerland)
• Gerresheimer AG (Germany)
• Olcott Plastics (US)
• Maynard & Harris Plastics (UK)
• Veritiv Corporation (US)
• Tim Plastics, Inc. (US)

Key Questions Answered by Plastic Jar Packaging Market Report

• Global plastic jar packaging market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Plastic jar packaging submarket forecasts from 2023-2030 covering the market by material, capacity, end-use, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level plastic jar packaging markets from 2023-2030
• Competitive Landscape and market positioning of the top 10 players operating in the market