Packaging Jars Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hitech Group, AG Poly Packs, Owens-Illinois, Graham Packaging

Registering a CAGR of 4.40% over the forecast period of 2022-2027, the global Packaging Jars Market is anticipated to reach the market value of 883.52 billion units by 2027 from 630.52 billion units in 2020.

Packaging Jars Market Overview

For many years, jars are been used generally for packaging of numerous products such as food, cosmetics, detergents, and several other goods. Packaging jars are finished from plastic and glass which protects the product and can withstand wear and tear while being transported. Packaging jar also acts as barrier which can store oils, greases and several other sticky liquids and guard them from outer temperature change. Packaging jars possesses several value-added features such as improved quality of product insulation, resistance from ultraviolet rays, reusability, recyclability, and minimum usage of unnecessary coatings which can impact food product. The rising ready to eat market which have a significant share of packaging jars is also impacting the growth for the packaging jars market. In addition, packaging jars market is fast momentum with the increasing urbanization rate across the globe. Moreover, despite of having positive condition for packaging jars market it is vulnerable from stringent government policy for the usage of plastic due to environmental and wastage issues. Packaging jars market also saw the restraints due to the problem of recyclability.

In the packaging of medical and food products, moisture control is the main concern, and thermoform plastic acts as barrier films to bring the product in good condition. Thin walling used in various packaging applications has been an additional development factor for the market.

Who are the Major Players in Packaging Jars Market?

The Packaging Jars Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Hitech Group, AG Poly Packs, Owens-Illinois, Graham Packaging, Richards Packaging, Zenith Global, Alpha Packaging, Parksons Packaging, Roberts Metal Packaging, Beatson Clark

Recent Developments:

• October 2021 - Owens-Illinois (O-I), a glass packaging company, announced to spend BRZ 990 million (USD 178.8 million) on two new facilities in Brazil. The investment is part of a USD 680 million package from the world's largest container glassmaker that will be made between 2022 and 2024 to enhance production in areas with limited supply and introduce a technology that will alter the glass manufacturing process.


• Aug 2021 - ALPLA Group announced the acquisition of Wolf Plastics Group to expand its product portfolio increase its presence in Central and Southeastern Europe. The company intends to use the Wolf Plastic’s expertise in the manufacture of plastic buckets and canisters to expand its product portfolio.

What are the major Applications, Types and Regions for Packaging Jars Market?

Packaging Jars Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

•     Metal


•     Plastic


•     Glass


•     Others

By Applications it is segmented into

•     Food and Beverages


•     Personal Care and Cosmetics


•     Chemicals


•     Pharmaceutical


•     Others

Packaging Jars Market Regional Analysis

North America is anticipated to be having the highest market share for packaging jars followed by Europe. These two regions being a mature market is predictable to witness a steady growth for packaging jars market. Asia Pacific region being a developing market is expected to have the highest development for packaging jars over the forecast period 2022-2027. The market for packaging jars in Latin America has a steady development and is expected to continue over the forecast period. The market conditions in Middle East & Africa are also expected to have a steady development across the forecast period.Asia-Pacific controls the plastic jar packaging market in terms of market share and market revenue and will continue to decoration its supremacy during the forecast period. This is due to the cumulative applications in personal care and makeups, healthcare and food and track in this region.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

Modest Scenery and Plastic Jar Packaging Market Share Analysis

The plastic jar packaging market competitive scenery provides details by participant. Facts included are company overview, company financials, revenue generated, market possible, asset in research and growth, new market creativities, global presence, production sites and services, production capacities, company strengths and weaknesses, product launch, product width and breadth, claim ascendancy. The above data points provided are only related to the businesses' focus related to plastic jar packaging market.

Plastic Jar Packaging Market Dynamics

Versatile nature will enhance the market’s growth rate.

Because of its low cost and varied features such as slide, chemical resistance, and strength, the plastics sector has grown at an exponential rate over the earlier period. This will rise request of market.

Increasing demand for processed foods will flourish the growth rate of market.

The rising need for treated foods and drinks, drugs, and fast-moving customer goods (FMCG) products pushes the global plastic jars packaging market.

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Frequently Asked Question-

What is the study period of this market?

The Glass Packaging Market is studied from 2020 - 2027.

What is the growth rate of Glass Packaging Market?

The Glass Packaging Market is growing at a CAGR of 4.40% over the next 5 years.

Who are the key players in Glass Packaging Market?

Hitech Group, AG Poly Packs, Owens-Illinois, Graham Packaging, Richards Packaging, Zenith Global, Alpha Packaging, Parksons Packaging

Which region has largest share in Glass Packaging Market?

Asia Pacific holds highest share in 2021.

Which region has highest growth rate in Glass Packaging Market?

Asia-Pacific is growing at the highest CAGR over 2021- 2026.