April 26, 2022 11:59 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
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NEWARK, Del., April 26, 2022 (GLOBE NEWSWIRE) -- Future Market Insights (FMI) predicts the global sales in the jar market to top US$ 61 Bn in 2032 from US$ 42.2 Bn in 2022. Jars are the rigid packaging solution made from plastic, glass, metal, or paper material that are durable and cost-effective. They are used in different industries such as food & beverages, pharmaceuticals, cosmetics & personal care, oil & lubricants, chemicals & fertilizers, and others.
Jars are available in different capacity as per the requirement of diverse industries. These include jars less than 10 OZ, 10 to 50 OZ, and more than 50 OZ. The surge in usage of durable packaging solutions will continue fuelling the demand for jars. Jars offer moisture resistance, which also is one of the chief drivers of sales across various industries. In addition, the availability of eco-friendly jars will continue creating growth opportunity for the jars market.
The expanding cosmetics & personal care industry will result in high sales of jars. Also, the increasing consumption of ready-to-eat food items will drive demand in the market. The transparency offered by plastic jars or glass jars leading ascertains improved product visibility, which is one of the key reasons behind their soaring popularity.
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Key Takeaways from Jars Market
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“The adoption of cost-effective, durable, environment-friendly, and rigid packaging solutions will augment the sales of jars among the various industries. Also, it is easier to customize designs of jars and print of them as per specific industrial requirements. These factors are expected to drive sales in the jar market over the coming years,” says an FMI analyst.
Preference for Rigid and Durable Packaging Solutions among the End Use Industry Bolster the Demand for Jars The preference for rigid and durable packaging solutions is rising among the various industries such as food & beverage, pharmaceuticals, cosmetics & personal care, oil & lubricants, and others.
The rising preference for rigid and durable packaging solutions will propel the demand for jars. Jars are used for storing, handling, and transporting the content. They are durable, lightweight, and cost-effective packaging solutions that help in protecting the quality of the product along with maintaining its shelf-life. Driven by these factors, the sales of jars are expected to pick up in the coming years. Jars Market Report Future Market Insights, in its new report, offers an unbiased analysis of the global jars market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the jars based on the material type (plastic jars (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), and others (PVC, EVOH), glass jars, metal jars, and paper jars), capacity (less than 10 OZ, 10 to 50 OZ, and more than 50 OZ), and end use (food & beverages, pharmaceuticals, cosmetic & personal care, homecare, oil & lubricants, and chemical & fertilizers) across seven regions.
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About Future Market Insights (FMI) Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. Contact:
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