In-Depth Exploration of the Packaging Jars Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2031.
Report Ocean has recently released a comprehensive research report on the global Packaging Jars Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
What is the value of the Global Packaging Jars Market?
Global Packaging Jars Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than 2.9 % over the forecast period 2022-2028.
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What are Packaging Jars and their primary function?
The packaging jars are widely used for a several of purposes, including the storage of food, detergents, chemicals, and other items. Along with consuming as storage containers, packaging jars play a crucial role in avoiding leakage of all kinds and protecting stored goods and enhance shelf life of goods. The packaging jars can also be recycled and used again. Reusability is considered as a cost-effective alternative to purchasing more use-and-throw jars, which can result in significant savings. The fact that these packaging jars may be recycled implies that they are environmentally friendly and would support sustainable development over the long term. The key factor driving the market growth is growing FMCG sector, packaging jars are widely used in FMCG industry for packaging several food items, detergents, and spices.
Thus, the growth of FMCT industry is anticipated to increase the market growth. According to India Brand Equity Foundation, in 2018 the value of FMCG sector in India was USD 68.4 billion and the number reached USD 110 billion in 2020. Additionally, another factor driving the market growth is growing adoption of sustainable packaging jars. Thus, creates the lucrative demand for the market. For instance, in 2021, APC Packaging launched new sustainable Jar & Cap Series to meet the sustainability needs of skincare and beauty brands. Also, growing end use industries are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising prices of the raw materials and stringent government regulations impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Packaging Jars Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the growing demand of packaged food in the region. Whereas, North America is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the growing end use industries such as FMCG, hospitality, and chemical in the region, would create lucrative growth prospects for the global Packaging Jars Market across the North America region.
Major market players included in this report are:
- Owens Illinois Group Inc.
- Amcor Ltd
- Owens Bottle company
- Berry Global Inc.
- Graham Packaging Company Inc.
- Ball Corporation
- Silgan Holdings Inc.
- AG Poly Packs Ltd.
- Olcott Plastics, Inc.
- Cospak Pty Ltd.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Metal
Plastic
Glass
Others
By Size:
Small
Medium
Large
Very Large
By End Use Industry:
Food & Beverages
Personal Care & Cosmetics
Homecare
Chemicals
Pharmaceuticals
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Packaging Jars market, including:
- What can be expected for the Packaging Jars market in the next decade?
- What are the primary drivers of growth in the global Packaging Jars market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Packaging Jars market vary based on the size of the end market?
- What is the breakdown of Packaging Jars by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Packaging Jars market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Packaging Jars Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Packaging Jars Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Packaging Jars Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Packaging Jars Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Packaging Jars Market.
Our Packaging Jars Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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