New York, NY, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Plastic Jar Packaging Market By Material (Polyethylene Terephthalate, Polyethylene, Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, and Others), By Capacity (Less Than 10 Oz, 11 – 30 Oz, 31 – 60 Oz, and More Than 61 Oz), and By End-Use Industry (Food & Beverages, Personal Care & Cosmetics, Homecare, Pharmaceuticals, Chemicals, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global plastic jar packaging market was USD 23.3 billion in 2018 and is expected to reach around USD 28.3 billion by 2025, growing at a CAGR of 2.8% between 2019 and 2025.
The plastic jar packaging market is likely to experience significant growth globally in the upcoming years, owing to the growing demand for lightweight, durable, impact-resistance, and cost-effective packaging formats. The demand for effective and budget-friendly packaging formats across various industries, particularly in the food and beverages sector, is expected to further fuel the plastic jar packaging market over the forecast time period. Rapid urbanization and improving living standards of people will also increase the demand for plastic jar packaging in the years to come. However, the growing raw material prices of plastic jar packaging may hamper the plastic jar packaging market development on a global scale. The flourishing food and beverages sector in emerging countries and advancements in plastic jar packaging technology will generate new opportunities for the major market players.
Browse through 105 Tables & 35 Figures spread over 110 Pages and in-depth TOC on “Global Plastic Jar Packaging Market: Industry Type, Size, Share, Trends, Segments, Analysis and Forecast, 2018–2025”.
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The plastic jar packaging market is fragmented based on material, capacity, and end-use industry. By material, the plastic jar packaging market includes polyethylene, polyethylene terephthalate, polystyrene, low-density polyethylene, polypropylene, high-density polyethylene, polyvinyl chloride, and others (polycarbonate, polylactide, etc). Polyethylene terephthalate was the fastest-growing segment in the market and accounted for a significant share in 2018. By capacity, the market is segmented into more than 61 Oz, 31 – 60 Oz, 11 – 30 Oz, and less than 10 Oz. By end-use industry, the market comprises food and beverages, chemicals, personal care and cosmetics, pharmaceuticals, homecare, and others. In 2018, the food and beverages segment led the plastic jar packaging market.
In 2018, the Asia Pacific was the largest plastic jar packaging market due to the rising use of plastic jar packaging in food and beverages, personal care and cosmetics, homecare, pharmaceuticals, and chemical industries. Moreover, the region is anticipated to be the fastest-growing market for plastic jar packaging in the years ahead, owing to rising urbanization and industrialization in the region. China, India, Thailand, Indonesia, and South Korea are witnessing a steady growth in the use of plastic jar packaging across various end-user industries.
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North America was the second-largest plastic jar packaging market in the world in 2018. The U.S. is the main players of the plastic jar packaging market in North America. North American countries (the U.S., Canada, and Mexico) are observing a rise in the demand for plastic jar packaging materials due to the growing food and beverages industry, which is estimated to benefit the region’s plastic jar packaging market growth.
The European plastic jar packaging market is observing sufficient growth opportunities, owing to stringent regulations and growing demand for effective and efficient packaging formats. Increase in the industrial growth is leading to major investments from food and beverages, pharmaceuticals, and cosmetics and personal care sectors, which is another major key factor that is likely to drive the plastic jar packaging market in Europe over the forecast time period.
Browse the full “Plastic Jar Packaging Market By Material (Polyethylene Terephthalate, Polyethylene, Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, and Others), By Capacity (Less Than 10 Oz, 11 – 30 Oz, 31 – 60 Oz, and More Than 61 Oz), and By End-Use Industry (Food & Beverages, Personal Care & Cosmetics, Homecare, Pharmaceuticals, Chemicals, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/plastic-jar-packaging-industry
Latin America and the Middle East and Africa are projected to experience the moderate growth in the plastic jar packaging in the future, owing to the significant investments made by international companies for plastic jar packaging projects in these regions. Governments of Brazil, Argentina, South Africa, and the UAE are promoting technology usage, which will further drive the plastic jar packaging market.
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Some major players of the plastic jar packaging market are Alpha Packaging, Cospak, Ontario Plastic Container Producers, Amcor Limited, Gepack, Gerresheimer, Berry Global, RPC M&H Plastics, Olcott Plastics, Tim Plastics, All American Containers, Integrity Cosmetic Container Industrial, Pretium Packaging, Taral Plastics, Silgan Holdings, Neville and More, SKS Bottle & Packaging, Zenith Global, Plasmo, Rayuen Packaging, and Thornton Plastics.
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This report segments the global plastic jar packaging market into:
Global Plastic Jar Packaging Market: Material Analysis
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Others (Polycarbonate, Polylactide, etc.)
Global Plastic Jar Packaging Market: Capacity Analysis
- Less Than 10 Oz
- 11 – 30 Oz
- 31 – 60 Oz
- More Than 61 Oz
Global Plastic Jar Packaging Market: End-Use Industry Analysis
- Food and Beverages
- Personal Care and Cosmetics
- Homecare
- Pharmaceuticals
- Chemicals
- Others
Global Plastic Jar Packaging Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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