“According to the SNS Insider report, The Screw Top Jar Market Growth valued at USD 582 million in 2023, is projected to reach USD 859.87 million by 2031”
According to SNS Insider key driver is their effectiveness in preserving perishable goods.
Studies show that nearly 40% of consumers prioritize extended shelf life for food items, leading to a surge in demand for screw top jars within the food and beverage industry. Furthermore, the growing popularity of organic and homemade food products, which often lack preservatives, is driving the use of screw top jars for safe storage. Beyond functionality, the market is witnessing a rise in demand for aesthetically pleasing jars, particularly in the personal care and cosmetics sector.
A recent survey revealed that over 60% of beauty consumers prioritize sustainable and visually appealing packaging, making screw top jars a favourable option due to their reusability and design versatility.
A recent study found that for non-perishable food items, plastic pouches were the preferred choice for 42% of manufacturers surveyed, compared to just 38% opting for screw top jars.
Additionally, glass jars themselves can be susceptible to breakage during transportation, leading to product loss and impacting profit margins. A study estimates that breakage rates can range from 1% to 5% depending on jar size and shipping distance. This highlights the need for improved handling practices and potentially more strong jar designs throughout the supply chain.
Get a Free Sample PDF Copy of the Latest Research @ https://www.snsinsider.com/sample-request/4245
Major Players Listed in this Report are:
- Ardagh Group S.A
- Gulf glass manufacturing CO. KSC
- SKS Bottle and Packaging, Inc
- Hukam Chand Yash pal
- HEINZ-GLAS GmbH & Co. KGaA
- Klar glass Sp.z.o.o.
- The Container Store Inc
- Le Parfait
- Verallia
- Auer Packaging
The growing health and wellness consciousness is driving demand for convenient and sustainable food storage solutions.
Screw top jars, with their airtight seals and reusability, perfectly align with this shift. A recent survey found that 72% of global consumers are willing to pay more for sustainable packaging. Secondly, the expanding e-commerce sector presents a lucrative avenue for screw top jars. Their durability and leak-proof closures ensure safe product delivery, making them ideal for online sales of everything from jams and honey to cosmetics and spices.
Material sub-segment dominates, with plastic capturing a dominant market share of around 60% due to its affordability and lightweight properties.
Glass follows closely behind, preferred for its premium look and reusability, particularly popular in the food and beverage industry. When it comes to capacity, smaller jars up to 500 ml lead the pack, ideal for storing spices, condiments, and cosmetics. They are followed by medium-sized jars (500 ml – 1 liter) favored for jams, sauces, and household items.
Screw Top Jar Market Key Segments:
By Material
- Plastic
- Glass
- Metal
By Capacity
- Less than 50 ml
- 51 to 200 ml
- 201 to 500 ml
- 501 to 1000 ml
- 1000 ml and above
By Product
- Oilseeds
- Cereals
- Others
By End-use
- Food & Beverages
- Healthcare
- Chemicals
- Personal Care & Cosmetics
- Household
Beyond established markets, the screw top jar market is witnessing a rise in emerging regions like Southeast Asia and Latin America.
An expanding middle class with rising disposable incomes is driving demand for packaged consumer goods, particularly in food and beverages. This translates to a need for secure and convenient packaging solutions, where screw top jars excel. Rapid urbanization and the growing popularity of modern retail formats like supermarkets are creating new avenues for screw top jar adoption.
Government regulations promoting sustainability are pushing manufacturers towards eco-friendly packaging options. Here, glass screw top jars, known for their reusability, are gaining traction. For instance, a recent study in Thailand indicated a 22% rise in the use of glass jars for food products between 2 thousand and 19, owing to growing environmental awareness among consumers.
Do you have any specific queries or need any customization research on Screw Top Jar Market, Enquire Now@ https://www.snsinsider.com/enquiry/4245
Impact of External Events:
- A recent rise in home baking up 22% in 2023 driven by pandemic restrictions positively impacted demand for both food storage and gifting purposes.
- Rising raw material costs, particularly glass and metal, threaten to squeeze profit margins for manufacturers. A 15% increase in glass prices since 2023 compels companies to innovate with lighter-weight jar designs or utilize recycled materials.
- Growing environmental concerns promote the demand for sustainable packaging solutions. This presents an opportunity for screw-top jar manufacturers to leverage glass’s inherent reusability and recyclability as a selling point.
Recent Developments;
- Well-known brands like Rayware and Verallia leverage their global reach and production muscle to dominate the space.
- However, regional powerhouses like Ajanta Bottle in India and Hukam Chand Yash Pal capture significant market share through cost-effective manufacturing.
- Interestingly, the market witnesses a rise in niche players specializing in sustainable materials.
- Companies like PacZone are leading the charge with innovative bio-based and recycled plastic jars, catering to a customer base prioritizing environmental responsibility. This focus on sustainability presents a double-edged sword for traditional players.
Key Takeaways:
- From food preservation to pharmaceuticals and personal care, these jars offer a leak-proof, resealable solution for a wide range of products. This reusability factor resonates with the growing trend of sustainable packaging, attracting environmentally conscious consumers.
- The dominance of plastic (PET, HDPE, LDPE) keeps costs competitive, while glass options provide to a premium aesthetic. Interestingly, the market provides beyond just storage. The “look” of the jar itself becomes a selling point, influencing purchasing decisions in personal care and food & beverage industries.
- This highlights a growing focus on design and aesthetics within the screw top jar market, with manufacturers creating visually appealing jars to enhance brand identity and product appeal.
Table of Contents – Key Points
- Introduction
- Research Methodology
- Market Dynamics
- Impact Analysis
- Value Chain Analysis
- Porter’s 5 forces model
- PEST Analysis
- Screw Top Jar Market Segmentation, By Material
- Screw Top Jar Market Segmentation, By Capacity
- Screw Top Jar Market Segmentation, By Product
- Screw Top Jar Market Segmentation, By End-use
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Conclusion
Continue….
Purchase the Latest Version of this Report @ https://www.snsinsider.com/checkout/4245
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us:
Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US)
