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Screw Top Jar Market

Market Insights on Screw Top Jar covering sales outlook, demand forecast & up-to-date key trends

Screw Top Jar Market By Material, Capacity, End User & Region - Forecast 2022-2032

Screw Top Jar Market Outlook

The screw top jar market is projected to register a CAGR of 5% during the forecast period, up from US$ 46.3 Bn in 2021 to reach a valuation of US$ 80 Bn by 2032.

The screw top jar market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for screw top jar making them more accessible to customers in the global screw top jar market.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 46.3 Billion

Expected Market Value (2022)

US$ 48.5 Billion

Anticipated Forecast Value (2032)

US$ 80 Billion

Projected Growth Rate (2022-2032)

 5% CAGR

Sales of screw top jar is expected to rise significantly. In addition to this, sales of screw top jar is rising on account of US$ 59 Bn by 2026. Increasing sales of screw top jar is also projected to contribute to the growth of the screw top jar market share.

During the early nineteenth century, humans lacked a variety of ways for preserving food and keeping it fresh for an extended length of time. To acquire a competitive edge over his adversaries, Napoléon Bonaparte offered a reward of 10,000 Francs to anybody who could provide a method for ensuring the supply of nutritious and fresh meals to his men. Nicolas Appert, a French chef, won the challenge by inventing a concept of hermetically preserving food.

Manufacturers in the screw top jar market get a big platform from which to serve the whole demand for screw top jar. The worldwide sales of screw top jar is seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for screw top jar more accessible to customers.

Kilner, Infinity Jars, PacZone, SKS Bottle & Packaging, Inc., Xuzhou Wan Xuan Import & Export Trading Co., Ltd, and JX Pack are the market leaders in the screw top jar market.

What are the Key Drivers of the Screw Top Jar Market Share

Due to its low cost and high efficiency, plastic has been a packaging strength in all industries. However, growing worries about plastic pollution has prompted major companies in the sales of screw top jar markets to step up their research and development efforts in order to bring eco-friendly, biodegradable, or reusable screw top jars to market.

Demand for screw top jars has gained great appeal in recent years as a feasible method for preserving a wide variety of food for an extended period of time. Sales of screw top jars are seeing increased use in the storage of cosmetics, personal care goods, food products, pickles, seeds, jams, and ketchup. Additionally, as the global environmental movement continues to expand, many customers are recycling screw top jars and bottles by removing the vacuum seal.

Sales of screw top jar continue to be heavily impacted by their 'airtight' quality, resulting in an increase in demand for medical medicine storage. Demand for Screw top jars is predicted to gain substantial traction in the healthcare and pharmaceutical industries as a means of preserving the chemical makeup of medications and extending their shelf life.

Consumer demand and trends are largely impacting screw top jar market growth strategies nowadays. On the one hand, continued urbanisation and affluence are altering consumer buying habits. The increase in demand for screw top jar that are high-end items for everyday activities is projected to contribute to the screw top jar market growth.

Concerns about the environmental effect of plastic, on the other hand, are pushing a progressive movement away from plastic screw top jars in favour of glass, increasing the demand for screw top jars, particularly for edible food goods.

Significant growth in the healthcare business, particularly in developing nations, and a rising emphasis on the safety of each product and item utilised in the industry are predicted to raise demand for screw top jar for environmentally friendly and biodegradable products.

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Which Region holds the Highest Growth Potential in the Screw Top Jar Market

The sales of screw top jar market are predicted to grow rapidly in the Asia Pacific, as nations with comparatively cheap labour and production costs, such as Indonesia, China, and India, are gaining significant interest from important companies looking to develop manufacturing facilities.

China is expected to lead the globe in demand for screw top jar exports, followed by Europe and North America. Additionally, the latter areas are predicted to account for more than half of worldwide sales of screw top jar. The screw top jar market-leading players are also pursuing prospects in Latin America and the Middle East and Africa.

How is the Competitive Landscape in the Screw Top Jar Market

The report consists of key players, contributing to the screw top jar market share. It also consists of organic and inorganic growth strategies adopted by market players to improve their market positions. This exclusive report analyzes the competitive landscape and screw top jar market share acquired by players to strengthen their market position.

Kilner, Infinity Jars, PacZone, SKS Bottle & Packaging, Inc., Xuzhou Wan Xuan Import & Export Trading Co., Ltd, and JX Pack are the market leaders in the screw top jar market. Additionally, an increasing number of indigenous and unorganised firms are competing for a share of the screw top jar market.

Ismail Sutaria
Principal Consultant
LinkedIn
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Recent developments in the Screw Top Jar Market

  • Berry Global Group purchased RPC Group for roughly USD 6.5 billion in July 2019. This purchase aided in the formation of a market leader in value-added protective solutions and one of the largest plastic packaging firms in the world. Additionally, the organisation expanded its global reach to over 290 sites in North and South America, Europe, Asia, Africa, and Australia.
  • Amcor bought Bemis Company Inc. in June 2019. Amcor Plc will now be the merged firm (Amcor). Amcor's industry-leading value offer has been reinforced and considerable value has been generated for shareholders as a result of the purchase of Bemis.

Report Scope

Report Attribute

Details

Growth rate

CAGR of 5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2021

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Material, capacity, end-user, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Kilner, Infinity Jars, PacZone, SKS Bottle & Packaging, Inc., Xuzhou Wan Xuan Import & Export Trading Co., Ltd, and JX Pack

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs.

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Key Segments For Screw Top Jar Market

By Material:

  • Plastic
  • Polyethylene Terephthalate (PET)
  • Poly Propylene (PP)
  • Polyethylene (PE)
  • Low-Density Polyethylene (LDPE)
  • High-Density Polyethylene (HDPE)
  • Glass
  • Others

By Capacity:

  • Less than 50 ml
  • 51-200 ml
  • 201- 500 ml
  • 501-1000 ml
  • 1000 ml and above

By End Use:

  • Personal Care
  • Healthcare and Pharmaceuticals
  • Chemicals
  • Food & Beverages
  • Cosmetics
  • Household

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Frequently Asked Questions

The screw top jar market is predicted to register a CAGR of 5% during the forecast period.

Key players holding substantial screw top jar market share include Kilner, Infinity Jars, PacZone, SKS Bottle & Packaging, Inc., Xuzhou Wan Xuan Import & Export Trading Co., Ltd, and JX Pack.

As per the analysis, the screw top jar market share is likely to be US$ 59 Bn by 2026.

Concerns about plastic's environmental impact are driving a shift from plastic to glass screw top jars, increasing demand for screw top jars, particularly for edible food products.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Find your sweet spots for generating winning opportunities in this market.

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