Title: Plastic Jar Packaging Market to Witness Steady Growth at 2.7 % CAGR During 2019 - 2029
1Exclusive Forecast Study of Plastic Jar
Packaging Market to Incur Growth at 2.7 CAGR
During 2019 - 2029
Report Id REP-GB-7900 Published On 24 April
2019 Category Packaging
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3Research Methodology (1/2)
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4Plastic Jar Packaging Market
- Witnessing passive expansion at an average 3
yearly rate, the global market revenues for
plastic jar packaging are projected to surpass
the US 25 billion mark by 2020 end. Future
Market Insights (FMI) delivers vital insights on
the plastic jar packaging market in its published
report, titled Plastic Jar Packaging Market
Global Industry Analysis 2014-2018 and
Opportunity Assessment 2019-2029. - Among a wide range of market segments based on
the capacity of plastic jars, those with less
than 10 oz. will remain dominant in terms of
market share, according to the report. Increasing
consumer inclination toward controlled portion
intake, as concluded in the report, will account
for sustained popularity of smaller sized plastic
jars, i.e. of capacity - less than 10 oz. in the
forthcoming years. - End-use Manufacturers Still Prefer Plastic Jar
Packaging Solutions - In the report, FMI suggests that the emergence of
plastic jar packaging as lightweight, secure,
impact-resistant, durable, and cost-effective
solution will create significant demand from
various end-use industries during the forecast
period. Moreover, food and beverages industry
currently is the most lucrative end user,
registering maximum consumption of plastic jars
for packaging. - Plastic jars are simple to stack during
transportation and their light weight helps
manufacturers slash down the transportation and
shipping costs. In addition, notably high
resistance provided by plastics, against chemical
solvents and other contaminants, continues to
sustain demand for plastic jars as a preferred
solution for safe and hygienic packaging of
products.
5Plastic Jar Packaging Market
- As indicated by FMIs analysis of the plastic jar
packaging industry on the basis of material types
used in manufacturing of plastic jars,
polyethylene terephthalate (PET), particularly
more preferred in the FB industry, will continue
to represent the prominent revenue share over
coming years. Manufacturers of food products
generally opt for PET jars, as they have been a
popular option when it comes to superior water
vapour barrier properties. - Developed Regions Spearhead Global Market, High
Processed Food Consumption to Drive Emerging
Markets - While North America represents just-under 1/4th
of the global market value at present, the
ever-growing demand for effective and efficient
packaging formats is likely to drive innovation
in the plastic jar packaging industry in the
region. Europes market for plastic jar packaging
will however receive strong support from the
thriving end-use industries, particularly FB,
pharmaceuticals, and cosmetics personal care.
Effective regulatory framework of European
authorities will also remain an important factor
shaping the plastic jar packaging market across
Europe, as suggested by the report. - South Asias market for plastic jar packaging
holds a substantial revenue share in the global
market, and is projected to outpace other regions
in terms of growth rate, in years to come. Strong
presence of FB industry operators will
prominently sustain the demand for plastic jar
packaging solutions, according to FMIs study. On
the other side, mounting consumption of processed
and packaged foods and beverages has been pushing
the prospects of plastic jar packaging
technologies within the South Asian market.
6Plastic Jar Packaging Market
- The FMI study has profiled some of the most
prominent, active competitors in the global
plastic jar packaging landscape, including Alpha
Packaging Inc., Ontario Plastic Container
producers Ltd., Cospak Pty Ltd., Gepack Srl,
Amcor Limited, Berry Global Inc., Gerresheimer
AG, Olcott Plastics, Inc., RPC MH Plastics Ltd.,
All American Containers, Inc., Tim Plastics,
Inc., Pretium Packaging, LLC, Integrity Cosmetic
Container Industrial Co., Ltd., Silgan Holdings
Inc., Taral Plastics, Inc., SKS Bottle
Packaging, Inc., Neville and More Ltd., Ltd.
Plasmo Pty Ltd, Zenith Global Ltd, Thornton
Plastics Co., and Rayuen Packaging Co., Limited
among others. - Press-release Source https//www.globenewswire.c
om/news-release/2019/04/25/1809772/0/en/Plastic-Ja
r-Packaging-Market-to-Surge-at-a-Robust-Pace-in-Te
rms-of-Revenue-at-2-7-CAGR-Over-2029-Future-Market
-Insights.html
7Plastic Jar Packaging Market
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