Valued at US$ 703.5 Billion in 2022, the global straight-sided glass jar market is expected to develop at a CAGR of 5% over the next ten years. By 2032, analysts anticipate that the overall straight sided glass jar market share is expected to be worth around US$ 1146 Billion.
The worldwide demand for straight sided glass jars and its overall market is anticipated to grow due to the unique benefits offered by glass packings, such as resistance to chemicals or acids present in food and high sustainability as it is recyclable and cheaper than metal containers.
Moreover, metal containers pose the challenge of getting corroded, making them unsuitable for the storage of wet products and, consequently, higher demand for straight sided glass jars among customers.
The global straight sided glass jar market is predicted to be driven mostly by the rising demand for packaged food goods. As there has been a world movement against rising plastic pollution, so many food 7 beverage companies prefer to pack their market in glass storage jars for supplying it into the open market.
The market for a straight sided glass jar with leads is also anticipated to grow as a result of the rise in demand in households for kitchen utensils. As the economic situation in most countries is improving, so is household spending making glass containers a necessity for families. Also, the elegant and aesthetic look of the product makes it a highly desirable item for homemakers and individuals.
However, the straight sided glass jar market trends may be negatively impacted by the growing use of plastic and aluminium packaging globally. The use of glass storage jars is dangerous due to their fragile glass body, especially in the home and shops, so it is not preferred in such settings. Furthermore, the higher weight of the glass jar makes it unfeasible as a packaging material for online delivery businesses.
Over the forecast years, the prominent straight sided glass jar market players are expected to invest heavily in the research and development of strong glass that would make it possible to reduce the weight of glass containers at the same strength. Such advancements by private companies and research institutes are expected to further boost the straight sided glass jar business during the projected years.
Attributes | Details |
---|---|
Straight Sided Glass Jar Market Size Value (2022) | US$ 703.5 Billion |
Straight Sided Glass Jar Market Size Value (2032) | US$ 1146 Billion |
Straight Sided Glass Jar Market Growth Rate (2022 to 2032) | 5% |
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From many years jars are being considered to be one the most widely used packaging for several applications such as cosmetics, ointments, creams, etc. One such type of jar which is widely used are straight sided glass jar which are getting traction in recent years.
Straight sided glass jar provide several advantage over other packaging forms such as due to its transparency the product stored in it can be easily seen. Straight sided glass jar can be used in several end use applications such as food & beverages, personal care & cosmetic application, pharmaceutical, chemicals, etc.
Straight sided glass jar also provides luxury look to the product which many cosmetic manufacturers use for increasing their brand value. In addition, straight sided glass jar also provides aesthetic and visual appeal to the product stored in it.
Furthermore, straight sided glass jar are inert which does not react with the food or cosmetic items stored in it. All these above aspects have positively impacted the straight sided glass jar market during the forecast period.
There have been a shift in demand towards incorporating customization in packaging design. Another factor which is expected to rise the demand for straight sided glass jar is its durability and toughness towards heat. In addition, metal jars can be used only once by straight sided glass jar can be used multiple times. Straight sided glass jar also provides better grip for canning process as compared to metal jars.
Furthermore, premium luxury packaging solutions like straight sided glass jar enhances the consumer satisfaction and increases the chance of repurchasing the brand. Manufacturers nowadays are preferring straight sided glass jar for packaging of several food items like mayonnaise, sauces, jams, etc. for better visibility of food product. However, straight sided glass jar can easily break while transit is the major reason for hampering its market.
Straight sided glass jar are mainly used for personal care & cosmetics and pharmaceuticals applications which is preferred by consumers.
The North America and Europe are the major markets for straight sided glass jar during the forecast period. Furthermore, Asia Pacific straight sided glass jar market is expected to witness highest growth during the forecast period, due to a rise in consumer preference towards luxury packaging solutions in emerging economies such as India & China.
The Middle East & Africa straight sided glass jar market is anticipated to witness lethargic growth during the forecast period 2018 to 2028.
A few of the key players in the straight sided glass jar market are Kaufman Container Company, Burch Bottle & Packaging, Inc., K.G. International, Inc. (KGI), Compagnie de Saint-Gobain S.A., Piramal Glass Limited, Gerresheimer AG, Owens-Illinois Group, Inc., Ardagh Group S.A., Vetropack Holding AG, Wiegand Glas GmbH, Stölzle Oberglas GmbH, etc.
The report on straight sided glass jar market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report straight sided glass jar market provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Straight sided glass jar market also maps the qualitative impact of various market factors on market segments and geographies.
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The global straight sided glass jar market is segmented by material type, by product type, by capacity and by end use industry. The pricing for straight sided glass jar has being done based on product type segment in US$ million, and the volume is considered in units.
On the basis of material type, the global straight sided glass jar market is segmented into -
On the basis of product type, the global straight sided glass jar market is segmented into -
On the basis of capacity, the global straight sided glass jar market is segmented into -
On the basis of end use industry, the global straight sided glass jar market is segmented into -
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