Plastic Jar Packaging Market Analysis and Size
Plastic jars are ideal for storing chemical solvents and pharmaceutical items because they have lightweight, have high chemical resistivity, and are easy to use. These factors will result in the high use of plastic jars among consumers, and hence, this will increase the need of plastic jars packaging. These factors led to the introduction of plastic jar packaging in the market. During the forecast period, the demand for effective and cost-effective packaging formats across several industries, notably in the food and beverage industry, is likely to fuel the plastic jar packaging market.
Data Bridge Market Research analyses that the plastic jar packaging market was valued at USD 25.44 billion in 2021 and is expected to reach USD 33.24 billion by 2029, registering a CAGR of 3.40% during the forecast period of 2022 to 2029. Polyethylene terephthalate (PET) by material type segment is anticipated to be the fastest-growing market segment. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pipeline analysis, production consumption analysis, and climate
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Some of the key questions answered in this report:
- How has the Plastic Jar Packaging Marketperformed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Plastic Jar Packaging Market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Plastic Jar Packaging Marketand who are the key players?
- What is the degree of competition in the industry?
Plastic Jar Packaging Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Versatile nature will enhance the market’s growth rate.
Because of its low cost and diverse features such as transparency, chemical resistance, and durability, the plastics sector has grown at an exponential rate over the previous decade. This will increase demand of market.
Increasing demand for processed foods will flourish the growth rate of market.
The rising need for processed foods and drinks, medicines, and fast-moving consumer goods (FMCG) products propels the global plastic jars packaging market.
Furthermore, rising urbanization, and increasing level of disposable income will drive market value growth. Also, increasing technological advancements will cushion the growth rate of plastic jar packaging market. Another significant factor influencing the market’s growth rate is rising growth of online retails and e-commerce transportation. Also, increasing environmental concerns and strict government regulations are the factor that will further cushion the growth rate of plastic jar packaging market.
High investments will enhance the market’s growth rate.
The rising level of investment by public and private organizations will create lucrative opportunities for the market’s growth during the forecast period of 2022-2029.
Moreover, increasing number of strategic collaboration and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.
Supply chain disruptions will pose a threat to the unprecedentedly growing market demand
With the rising number of restrictions around the globe due to COVID-19 pandemic, there has been a hit in the demand and supply of packaging solutions. This factor will obstruct the growth rate of plastic jar packaging market.
Variability in the prices of raw materials will derail the growth rate of plastic jar packaging market
The fluctuating prices of raw materials will impede the growth rate of plastic jar packaging market.
On the other hand, the rising pressure on market players will prove to be a demerit for the plastic jar packaging market. Along with this, the implementation of strict regulatory policies will challenge the plastic jar packaging market growth rate. The dearth of awareness will act as market restraint and further challenge the market growth rate.
This plastic jar packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the plastic jar packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Plastic Jar Packaging MarketCountry Level Analysis
The countries covered in the plastic jar packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Plastic Jar Packaging MarketShare Analysis
Global Plastic Jar Packaging Market, By Material Type (Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Others), Capacity (Less than 10 Oz, 11 – 30 Oz, 31 – 60 Oz, More than 61 Oz), End-Use (Food and Beverages, Personal Care and Cosmetics, Homecare, Pharmaceuticals, Chemicals, Others) – Industry Trends and Forecast to 2029.
Key player Plastic Jar Packaging Market
Some of the major players operating in the plastic jar packaging market are Berry Global Inc., (US), ALPHA PACKAGING (India), Ontario Plastic Container Producers Ltd., (Canada), Cospak (New Zealand), GEPACK (US), Amcor plc (Switzerland), Gerresheimer AG (Germany), Olcott Plastics (US), Maynard & Harris Plastics (UK), Veritiv Corporation (US), Tim Plastics, Inc. (US), PRETIUM PACKAGING (US), Integrity Cosmetic Container Industrial Co., Ltd., (Taiwan), Silgan Plastics (US), Taral Plastics, Inc. (US), SKS Bottle & Packaging, Inc.(US), Neville&More (UK), Plasmo Pty. Ltd. (Australia), Zenith Global Ltd. (UK), Thornton Plastics (US), Hangzhou Rayuen Packaging Co.,Limited (China), among others.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Plastic Jar Packaging MarketShare by Product & Procedure type
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