Screw Top Jar Market- Global Industry Analysis and Forecast (2022-2029)

Screw Top Jar Market size was valued at US$ 48.61 Bn. in 2021 and the total revenue is expected to grow at 5% through 2021 to 2029, reaching nearly US$ 71.82 Bn.
Screw Top Jar Market Overview:
Screw top jars are a practical way to store a variety of items and materials for a long period. Screw top jars were once composed of glass and metal. The widespread availability of plastic has influenced the development of screw top jars, making these containers accessible to all households and providing excellent food preservation capabilities. Screw top jars now provide UV filtration and food sealing thanks to technological advancements. Screw-top jars are used in a variety of purposes, including personal care, pickles, jams, food, ketchup, and more.



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Screw-top jars have seen a significant increase in sales in recent years since they provide a feasible alternative for preserving a variety of foodstuffs for a longer period of time. Many people are reusing screw-top jars and creating sustainable products as part of the growing global sustainability movement. Screw-top jars are made mostly of polymers (HDPE, LDPE, PET, and others) and glass, and come in a variety of shapes. To meet the needs of a wide range of sectors, these jars are offered in sizes ranging from less than 50 mL to more than 1000 mL.

The segments of the Screw-top jars market are investigated in the report (Material, Application). Market players and regions have given data (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The Screw-top jars market study gives a comprehensive overview of the present quick advancements in all industrial sectors. The essential data analysis for the historical era from 2021 to 2029 is presented using facts and figures, pictures, and presentations. The analysis looks at the market's drivers, constraints, prospects, and hurdles for Screw-top jars. This MMR report contains investor suggestions based on a detailed study of the current competitive landscape in the Screw-top jars industry sector.
Screw Top Jar Market Dynamics:
Market Drivers

• Increasing usage in numerous applications - The global screw-top jar market is predicted to grow due to its usage in a variety of applications. Screw-top jars are now one of the most popular packaging options for a variety of products, from coffee and spices to cosmetics. Screw-top jars have surpassed all other methods of packaging due to their numerous advantages, including the ability to store food safely and freshly due to its inner and outer closure. They are becoming very popular for everyday use because of its ease usages, variety, lightweight packaging, and compact shape.

• Low-Cost Packaging - Screw top jars are widely used by small and large businesses due to their low cost and versatility. For example, Too Faced Cosmetics debuted three new hangover skincare products in 2021. Two-faced hangover pillow cream with screw-top jar packaging was one of the company's most recent product additions.

Market Restraints

• Adverse Environmental Impacts - The detrimental environmental effects of the material have an impact on the screw-top jar market. All of the non-recyclable plastic needed to make screw-top jars is discarded, taking decades to degrade and release microplastics that contaminate the environment further.
Screw Top Jar Market Segment Analysis:
By material, the screw Top Jar Market is segmented as Plastic and Glass. The material segment of plastic dominates the screw top jar market with the market share of 60% in the year of 2021. The plastic is way cheaper than glass to make a screw top jar and also plastic is available in many forms like Poly Propylene (PP), Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE). The life of a plastic jar is more than a glass jar as plastic jars are not as easy to break as a glass jar. The glass material is expected to grow at a CAGR of 7.45% in the near future because of the environmental concerns. The manufacturers are trying to use glass more than plastic, which is expected to drive its production during the forecast period.

By application, the screw top jar market is segmented as personal care, healthcare & pharmaceutical, food & beverage and household. healthcare & pharmaceuticals and personal Care dominate the screw top jar market with the market shares of 31% and 29.5% respectively in 2021. The screw top jars are widely used in medicines, creams, and other personal care products use the screw top jars to store their products. Plastic jars are becoming popular containers for different market sectors across the packaging industry. The plastic, glass or acrylic jar are used for pretty look in personal care, healthcare & pharmaceutical, food & beverage and household applications. As a packaging provider for retailers, brands and wholesalers, many key players operating in the market are focusing on a deployment of solid collection of jars.
Screw Top Jar Market Regional Insights:
The Asia Pacific region is projected to be leading region in the screw top jar market. The Asia-Pacific region is one of the largest regional consumers for electronic adhesives because of the presence of large-scale production of screw top jars. Many key players from different sector are focusing on the shifting their production unit to the Asia Pacific due to the availability of the cheap labor and drastically increasing economic growth rate and manufacturing industries. Some of the prominent key players are focusing on the innovation activity and resources on the technology development and expanding partnership with other key players. Key players operating in the market are gradually stepped up their investment in innovations and marketing across the globe, thanks to continuous focus on cost management, higher efficiency of process and the adaption of structures, which are able to partially, mitigate the impact on earnings and the probability.

The objective of the report is to present a comprehensive analysis of the Screw Top Jar Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Screw Top Jar Market dynamics, structure by analyzing the market segments and project the Screw Top Jar Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Screw Top Jar Market make the report investor’s guide.
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Screw Top Jar Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 48.61 Bn.


Forecast Period 2022 to 2029 CAGR:
5 %
Market Size in 2029:
US $ 71.82 Bn.


 Segments Covered:
by Product
• Plastic
• Glass


by Application
• Household
• Personal Care
• Healthcare & Pharmaceuticals
• Food & Beverages



Screw Top Jar Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Screw Top Jar Market Key Players
• Berry Global Group
• Amcor plc
• Owens Illinois Group Inc.
• Graham Packaging Company
• Silgan Plastics
• Gerresheimer AG
• Alpha Packaging
• Olcott Plastics
• Cospak Ltd.
• GREAT WESTERN CONTAINERS INC.
• Eco Vision Packaging, Inc.
• Irwin Packaging Pty Ltd.
• Tim Plastics, Inc.
• Integrity Cosmetic Container Industrial Co., Ltd.
• Consol Glass (Pty) Ltd.

Frequently Asked Questions:

1] What segments are covered in the Screw Top Jar Market report?
Ans. The segments covered in the Screw Top Jar Market report are based on Material Type and Application.

2] Which region is expected to held the highest share in the Screw Top Jar Market?
Ans. The Europe is expected to held the highest share in the Screw Top Jar Market.

3] What is the market size volume of the Screw Top Jar Market by 2029?
Ans. The market size of the Screw Top Jar Market by 2029 is expected to reach at US$ 71.82 Bn.

4] What is the forecast period for the Screw Top Jar Market?
Ans. The forecast period for the Screw Top Jar Market is 2022-2029.

5] What was the market size volume of the Screw Top Jar Market in 2021?
Ans. The market size of the Screw Top Jar Market in 2021 was valued at US$ 48.61 Bn.