As per the latest report by Future Market Insights (FMI), the jars market size is predicted to register a CAGR of 3.9% from 2023 to 2033. The market is estimated to expand from US$ 43.8 billion in 2023 to US$ 64.3 billion by 2033.
The emergence of direct-to-consumer and e-commerce sales channels has transformed the engagement style of businesses with their customers. Owing to surging demand for eco-friendly and sustainable packaging solutions, paper jars packaging offers an appealing option for businesses seeking a reduction in their environmental impact.
A key opportunity associated with the use of paper jars is their sustainability. Paper jars are composed of renewable resources like wood, which makes them an environment-friendly option instead of plastic packaging. These jars can be composted or recycled, thus lowering their environmental footprint even further. Manufacturers are deploying sustainable packaging to be in sync with customers’ values and endorse a positive image of an environment-conscious company.
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Paper jars also offer increased versatility. They can be designed with different textures and finishes, thus creating attractive and distinct packaging that tempts customers. These jars can further be imprinted with custom designs that showcase the brand’s aesthetic values, thus creating a cohesive brand identity.
Plastic jars, however, still hold a substantial share of the market. They are densely used in multiple end-use industries. Glass jars and mason jars are finding increased application for packaging domestically-produced food items and canning purposes. Mason jars come with a special lid that acts as an effective barrier against outside air and inside contents, thus avoiding food spoilage.
The Key Players Are:
- Amcor plc
- Owens Illinois Group Inc.
- Graham Packaging Company
- Silgan Plastics
- Gerresheimer AG
- Alpha Packaging
- Olcott Plastics
- others
Jars come in a variety of capacities to meet the needs of various industries. Jars weighing less than 10 ounces, 10 to 50 ounces, and more than 50 ounces fall under this category. The rise in demand for jars will be fueled by the increased use of durable packaging solutions. Jars provide moisture resistance, which is one of the most important sales drivers in a variety of sectors. In addition, the emergence of environmentally friendly jars will continue to drive the jars industry forward.
Jar sales will skyrocket as the cosmetics and personal care business expands. In addition, rising demand for ready-to-eat foods will fuel demand in the market. One of the main reasons for their growing popularity is the transparency provided by plastic or glass jars, which ensures better product visibility.
Top Highlights from the FMI’s Analysis of Jars Market:
- North America jars industry obtained a 23.7% market share in 2022. The United States jars industry gathered a maximum value share of 20.3% in the same year.
- Europe jars industry is expected to display more than 17.9% value share in 2023. Germany’s jars industry is projected to contribute above 4.6% market share in the same year.
- Since Europe region is quite saturated with the presence of manufacturers, the United Kingdom is expected to register CAGR of 2.1% over the forecast period.
- Japan’s jars industry is anticipated to exceed 4.1% market share in 2023.
- India is expected to observe relatively high growth in the upcoming years. As per the latest statistics by FMI, India jars industry is projected to expand at 5.3% CAGR over the next 10 years.
- China’s jars industry is anticipated to expand at 4.6% CAGR in this decade.
- In 2023, the plastic jars sector is projected to surpass 65% value share.
- Based on end-use, the food and beverages segment is expected to account for a value share surpassing 34.5%.
Jars Market by Category
By Material Type:
- Plastic Jars
- Polypropylene (PP)
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Others (PVC, EVOH)
- Glass Jars
- Metal Jars
- Paper Jars
By Capacity:
- Less than 10 OZ
- 10 to 50 OZ
- More than 50 OZ
By End Use:
- Food & Beverages
- Pharmaceuticals
- Cosmetic & Personal Care
- Homecare
- Oil & Lubricants
- Chemical & Fertilizers
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