Plastic Jars Market Intelligence

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Are you looking for answers on Plastic Jars category?

Are you looking for answers on Plastic Jars category?

  • What are the key trends in Plastic Jars category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Plastic Jars industry?
  • How is Plastic Jars industry performing?

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Report Coverage

  1. Market Analysis
  2. Global Industry Trends
  3. Global Drivers and Constraints
  4. Cost and Pricing Analysis

Production Size

Global Production Size/Capacity

$13–14 billion (2019)

Expected Global Production Size/Capacity

$16–17 billion (2024)

CAGR

3.5-4 percent

North America Production Size

$2–3 billion

Table of Contents

  1. Executive Summary
  2. Category Updates
  3. Global Blow-Injection-molded Containers
  4. COVID-19 Impact
  1. Market Analysis
  2. Global Market Maturity
  3. Global Industry Trends
  4. Global Drivers and Constraints
  1. Cost and Pricing Analysis
  2. Cost Breakup by Region
  1. Procurement Best Practices
  2. Raw Material Trends
  3. Sustainability Trends
  4. Design Trends
  5. Innovations
  6. Negotiation Levers
  1. Covid-19
  2. Covid-19

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Plastic Jars Global Market Outlook:

Market Overview

$13–14 billion (2019)
Expected to grow at a CAGR of 3.5-4 percent to $16–17 billion by 2024.

  • The global plastic jars market was valued at $13–14 billion in 2019, and it is forecasted to grow at a CAGR of 3-4 percent to reach around $16-17 billion by 2024, mainly driven by the growing consumption in Food and Cosmetics
  • The APAC market is forecasted to grow at a CAGR of 7–8 percent during the five-year period until 2024. The North American and Western European markets are matured and expected to grow at 1-2 percent, which is driven by personal care and food segments
  • Innovation and technical advancements in injection-molded plastic jars manufacturing process will facilitate a consequent increase in the production of such jars

Key trends in Plastic Jars

Small-Sized Jars

  • Smaller pack sizes are gaining preference over the conventional large size packs owing to the increasing trend towards easy to carry pocket sized cosmetics
  • Smaller size packages are increasingly preferred for the reasons like affordability and can be consumed before the expiration date
  • Small size packages relatively have a better shelf appeal compare to large size packages particularly in personal care and premium cosmetics segments where aesthetics plays a vital role

Sustainable Solution

  • With an increased focus towards environmental protection and sustainability by most of the CPG brand owners are expected to alter plastic jars significantly. PCR content is likely to be used in higher proportions. Most of the large Cosmetic brand owners are expected to innovate Plant/bio based resins
  • Green regulations and guidelines might come in to effect in plastic packaging. A surge in demand might also be followed by a considerable price increase in these sustainable solutions
  • Other efforts include development of labels and printing inks that are more compatible with recycling

Light Weight Jars

  • Light weight plastic jars/containers weigh 8-12 grams lesser as they contain 25% less plastic than the regular plastic jars.
  • This helps in saving costs on raw materials and also reduces the logistics cost and carbon footprint per jars.

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