The plastic jar packaging market size is estimated to be worth USD 18,535.9 million in 2024 and is anticipated to reach a value of USD 28,599.0 million by 2034. Sales are projected to rise at a CAGR of 4.4% over the forecast period between 2024 and 2034. The revenue generated by plastic jar packaging in 2023 was USD 17,790.3 million.
Plastic jars with a capacity of less than 10 Oz are used in many end-user industries including food & beverages, pharmaceuticals, cosmetics & personal care, etc. They accounted for 42.5% market share in 2024 in the plastic jar packaging market. This is due to two major reasons, i.e. their small size facilitates easy portability and secondly their production cost required to manufacture is less compared to large-sized containers.
Plastic Jar Packaging Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 17,790.3 million |
| Estimated Size, 2024 | USD 18,535.9 million |
| Projected Size, 2034 | USD 28,599.0 million |
| Value-based CAGR (2024 to 2034) | 4.4% |
Among numerous end-users, the food & beverages industry finds significant usage of plastic jar packaging solutions. The total market share of the food & beverages industry is expected to capture more than 56% during the assessment period.
This surge is due to its lightweight, inexpensive, and durable nature compared to glass jars. Moreover, plastic jars also prevent outside contaminants from coming into contact with the items, which extends the shelf life of condiments, sauces, snacks and other products as well as preserving their freshness and flavors.
Plastic jars made out of PET are poised to lead the material's category in the coming years and are expected to attain over 74% market share during the forecast period in the plastic jar packaging market. This is because PET is more resistant and has a high impact resistance to shattering, thereby reducing breakage risks during handling, shipping, and use.
The plastic jar packaging market is set to experience profitable growth during the forecast period. It is projected to create an incremental opportunity of USD 10,808.7 million and is predicted to rise 1.6 times the current value through 2034.
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The below table presents the expected CAGR for the global plastic jar packaging market over several semi-annual periods spanning from 2024 to 2034.
| Particular | Value CAGR |
|---|---|
| H1 | 4.2% (2023 to 2033) |
| H2 | 4.6% (2023 to 2033) |
| H1 | 4.1% (2024 to 2034) |
| H2 | 4.7% (2024 to 2034) |
In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 4.2%, followed by a slightly higher growth rate of 4.6% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 4.1% in the first half and remain relatively moderate at 4.7% in the second half. In the first half (H1) the market witnessed a decrease of 10 BPS while in the second half (H2), the market witnessed an increase of 10 BPS.
Stringent Health and Food Safety Regulations as a Key Driver for Plastic Jar Packaging Demand
Health and food safety rules and regulations play an important role in defining the plastic jars market since they establish critical standards for both safety and food packaging. This law ensures that materials used for packaging, such as plastic jars, are nontoxic, thus they do not leak harmful contents into the stored food.
The International Organization for Standardization outlines these criteria with ISO 22000, a normative reference to the requirements of a food safety management system, which may be certified to it. This specifies what an organization needs to do in order to demonstrate its ability to provide adequate control of hazards in food safety and safety itself, along with the safety of food in its intended consumption.
Such packaging solutions support compliance with such standards that help in protecting the health of consumers, hence why manufacturers prefer to utilize compliant packaging solutions like plastic jars.
Plastic jars are on the increase as more and more food manufacturers seek compliance with health and safety regulations. Plastic jars can be manufactured using different types of material and dimensions based on the demand of particular regulations to be fulfilled.
This flexibility and adaptability have enabled manufacturers to produce plastic jars that are not only safe but functional, like an airtight seal and moisture resistance. With strict safety regulations and the plastic jar's ability to fulfill the needs, they drive the demand for these jars across various regions.
Surge in E-Commerce Fuels Demand for Durable Packaging Solutions like Plastic Jars
A majority of businesses have switched to virtual sales models, especially on the B2B side. There has been considerable demand for high-quality, secure, and reliable packaging solutions, such as plastic jars.
More than 90% of B2B businesses have transitioned to a virtual sales model over the past 2-3 years, as per the International Trade Administration, the expansion of e-commerce translates into huge demands from packaging products that are capable to withstand long-distance journeys while safely encasing product content. Plastic jars are preferred as a packaging choice for their strength, affordability, and flexibility.
This e-commerce-driven demand has afforded plastic jars for use in packaged products, including food items, cosmetics, and household care. The plastic jar is lightweight, reducing transportation costs to some extent while ensuring that the product is delivered to the customers in the required condition and quality.
Furthermore, plastic jars have tamper evidence and moisture resistance capabilities; this offers a better protective atmosphere for products being transported. Due to the rapid expansion of virtual sales platforms by businesses, the demand for new and safe packaging solutions like plastic jars is likely to increase in the future, thereby increasing their demand across the globe.
Emerging Trends in Sustainable Packaging May Impact the Demand for Plastic Jars
The major restraint for the plastic jars market is growth in preference for sustainable packaging since consumers are opting for environmentally friendly alternatives. Enhancing awareness about the environment has created an urge among consumers for packaging materials made of glass, metal, or biodegradable materials.
This change in consumer preference might have a negative impact on the market share of traditional plastic jars. Also, the trend of biodegradable and compostable packaging solutions prominently from the food and personal care industries may pose challenges where sustainability impacts the purchasing decision of the consumers.
As businesses are focusing on satisfying the demand of consumers for responsible packaging may decline the demand and hamper the plastic jars market in upcoming years.
The global plastic jar packaging market recorded a CAGR of 2.3% during the historical period between 2019 and 2023. Market growth of plastic jar packaging was positive as it reached a value of USD 17,790.3 million in 2023 from USD 16,252.3 million in 2019.
The plastic jar packaging market is poised for a notable expansion with the 10 to 30-ounce category recording an expected CAGR of 5.0% within the forecast period. This optimistic trend is expected to retain a valuation of around USD 8,510.9 million by the year 2034.
Furthermore, this surge in demand for easy, convenient and ready-to-use packaging is gradually emerging. With increasing consumers visibly preferring lightweight and stronger options- for their food storage to personal care items.
Moreover, it is projected that the food and beverages segment is anticipated to generate an incremental growth opportunity of USD 5,989.7 million within the forecast timeline. This segment is expected to grow 1.6 times due to an increase in demand for packaged food among the consumers which is easy to carry, has longer shelf life and provides convenience.
The change in consumer behavior towards green and sustainable packaging is another factor that creates a positive outlook as brands aim to meet consumer expectations for both quality and environmental responsibility.
Tier 1 companies comprise market leaders with a market revenue of above USD 100 million capturing significant market share of 5% to 15% in global market. These market leaders are characterized by high production capacity and a wide product portfolio. These market leaders are distinguished by their extensive expertise in manufacturing across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of series including recycling and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality. Prominent companies within tier 1 include Alpla Packaging Inc., Amcor Plc, Berry Global Inc., Pretium Packaging, LLC and Silgan Holdings Inc.
Tier 2 companies include mid-size players with revenue of USD 20 to 100 million having presence in specific regions and highly influencing the local market. These are characterized by a strong presence overseas and strong market knowledge. These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach.
Prominent companies in tier 2 include Graham Packaging Company Inc., Synergy Packaging (PACT GROUP), Comar, LLC, TricorBraun, Robinson plc, Takemoto Yohki Co., Ltd., PetcoGulf, H&K Müller GmbH & Co. KG, Altium Packaging LLC., Avantor Inc.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets having revenue below USD 20 million. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
The section below covers the future forecast for the plastic jar packaging market in terms of countries. Information on key countries in several parts of the globe, including North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe and MEA is provided. Canada is anticipated to remain at the forefront in North America, with a CAGR of 3.7% through 2034. In East Asia, China is projected to witness a CAGR of 5.1% by 2034.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 2.8% |
| Germany | 2.5% |
| China | 5.1% |
| UK | 2.9% |
| Spain | 4.5% |
| India | 5.6% |
| Canada | 3.7% |
The UK has poised for plastic jar packaging expansion at a 2.9% CAGR until 2034, outshining several other European countries. The UK is also known for a strong research base and its pharma production of high-grade medicines and vaccines. Based on reports by The Association of the British Pharmaceutical Industry, exports of medicinal and pharmaceutical products from the UK stood at £26.1 billion in 2023.
This growth translates for reliable packaging solutions that guarantee safe delivery of products without any damage and desired quality. Plastic jars, with improved barrier properties against moisture, oxygen, and UV light, make them crucial for maintaining the quality of stability of sensitive pharmaceutical products.
UK pharmaceutical exports are increasing day by day, and, with it, the demand for plastic jar packaging to ensure safety and security for these products in transit and storage.
The section contains information about the leading segments in the industry. In terms of materials, PET is estimated to account for a share of 72.9% by 2034. By end use, the food & beverages segment is projected to dominate by holding a share of 56.7% by the end 2034.
| Material | PET |
|---|---|
| Value CAGR (2034) | 4.6% |
Among different materials used for making plastic jars, PET is expected to lead the plastic jar packaging market during the forecast period. PET is anticipated to rise at a CAGR of 4.6% till the end of 2034.
Although several materials are used for making plastic jars, PET is preferred over other materials because of its incredible properties and advantages over others. The main advantage of PET is its barrier performance, which protects contents from moisture, oxygen, and light which preserves freshness and extends shelf life for food and beverages, ensuring that its contents remain fresh for a long time.
Furthermore, PET is light but at the same time has strength, thereby minimizing shipping costs while simultaneously making it very convenient to consumers by minimizing the risk of breakage. It can provide excellent designs and shapes and thus can suit a variety of applications in a number of industries. PET is also highly recyclable, which complements the demands of sensible environmental customers that support sustainability.
Transparency allows the inert product to be inspected before purchase by the quality check of products, hence giving trust with customers. PET jars also possess tamper -evident features which provides necessary protection to the inert product.
All these factors make PET the ideal material for plastic jars, enabling manufacturers to offer value-for-money safe and attractive packaging solutions fulfilling consumer needs. All of these factors put together are likely to increase the demand for PET-based plastic jars in the upcoming years.
| End Use | Food & Beverages |
|---|---|
| Value CAGR (2034) | 4.3% |
The food & beverages segment among other end users like pharmaceuticals, cosmetics personal care and other industries is estimated to lead the plastic jar packaging market at a CAGR of 4.3% over the assessment period.
Plastic jars are used more in the food and beverage industry as compared to pharmaceuticals, chemicals, and other industries because of their suitability to store and maintain the quality of food products. The versatile, light, and inexpensive plastic jars go very well for preserving freshness for products such as sauces, jams, snacks, and beverages.
In regions where glass cannot be used practically because transportation costs are very high, plastic jars serve as a great substitute without compromising the integrity of products. Brands such as Nutella and Skippy use plastic jars for their spreads, while firms such as Gatorade and Naked Juice also pack their beverages in plastic jars.
Plastic jars can also be stacked for optimal storage which can save space in the retail environment and logistics. This functionality entails further benefits for an efficient supply chain apart from enriching product accessibility for consumers. As the food and beverage industry is on the rise across the globe, plastic jars are expected to gain impetus demand over the forecast period.
Key players of plastic jar packaging industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence. Few of them are also collaborating and partnering with local brands and start-up companies for new product development.
Key Developments in Plastic Jar Packaging Market
The plastic jar packaging industry is projected to witness CAGR of 4.4% between 2024 and 2034.
The global plastic jar packaging industry stood at USD 17,790.3 million in 2023.
Global plastic jar packaging industry is anticipated to reach USD 28,599.0 million by 2034 end.
South Asia & Pacific is set to record a CAGR of 6.3% in assessment period.
The key players operating in the plastic jar packaging industry are Alpla Packaging Inc., Amcor Plc, Berry Global Inc., Pretium Packaging, LLC and Silgan Holdings Inc.
Plastic jars are available in multiple capacities which include plastic jars less than 10 Oz, 10-30 Oz, 30-60 Oz and above 60 Oz.
Materials in the plastic jar packaging market include PET, PE, PVC, PP, PS and others, The PE material is further sub-divided into HDPE and LDPE.
End Users in the plastic jar packaging market include food & beverages, personal care & cosmetics, homecare, pharmaceuticals, chemicals and other industrial
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
Plastic Jar Packaging Market
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