The global sales of beveled edge jars are estimated to be worth USD 941.5 million in 2021 and are anticipated to reach a value of USD 1,455.4 million by 2031. Sales are projected to rise at a CAGR of 4.5% over the forecast period between 2021 and 2031. The revenue generated by beveled edge jars in 2020 was USD 900.0 million.
Being aesthetically pleasing and serving practical purposes, beveled edge jars fetch an increasing demand for different types of packaging solutions that have the dual benefit of decoration and efficiency.
This is further enabled by the growth in electronic ways of buying and selling and retail activities that enhance demand due to a requirement for durable and attractive-looking solutions to improve the way various products are presented. Besides, premium and artisanal product development requires high-quality packaging, which acts like a reinforcement to demand for beveled edge jars.
Other factors influencing the market's growth include material and manufacturing process variations that further enhance functionality and sustainability for the jars. Finally, the growing focus on eco-friendly packaging solutions moves in the direction of recyclable and reusable jar options.
Global Beveled Edge Jars Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 900.0 million |
Estimated Size, 2021 | USD 941.5 million |
Projected Size, 2031 | USD 1,455.4 million |
Value-based CAGR (2021 to 2031) | 4.5% |
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Food & beverage manufacturers, pharmaceuticals and packaging industries are now adoption beveled edge jars for storage and delivery of their key end products including medicines, juices, milk etc. to end users. These adoptions has created new benchmark standard for key jar manufacturers to collaborate and drive the overall business dynamics.
These jars are finding the most lucrative opportunities in food packaging and storage methods and constantly portray demand curve in the potential business. Bundled product offering and effective product differentiation catered by jar manufacturers hence deployed the business on a path to heightened sales bars.
Beveled edge jars are finding the new avenues in the business and sequentially helping the business to portray prominence. Key players are fulfilling the product portfolio with new creativity and design to reach set heights in market. The consistent demand for these jars from key end use industries remained a valuable asset during historically and similar trend shall further bolster the sales.
Creative design and effective structure remained the notable concerns of the consumer to boost the business dynamics. The business yet witnesses growth with offering for better shapes and structure. Key jar manufacturers are constantly producing jars with new design structures in order to make them more compact.
Consumer centric approaches are followed by manufactures and constant feedbacks over the modification of the jars structure still remained the governing factor of market dynamics. Regionally the adoption is surged as the consumers are demanding these jars for home decoration purposes as well. Sometimes it has seen that these jars also find their importance in planting small plants.
Moreover, with increased usage of different material for production of beveled edge jars at large scale, the business is at a surge of witnessing high adoption rates globally. Business yet to witness its best potential stage with accumulation broad use cases for these jars during forecast period.
Over the past decade North America region is driving the wheel of fortune for beveled edge jars market. This region has witnessed steep growth with notable CAGR during historic period and similar trends shall be reflected during the forecast period.
North America region has been the area of production for these bottles manufacturers. Maximum key players operating in this business finds North America region as the key focal point for gathering prominence. Heightened adoption of these bottles are proffered by beverages units, key pharmaceutical companies in this region to behold its market stability.
The US is among the leading jars manufacturing hub prospering the packaging and storage demand globally. During assessment period of 2021 to 2031, USA consumption and production bars shall reach its new heights with heightening the standard of living of people and inclination of end users towards the adoption of the beveled edge jars.
These above mentioned factors have contributed in the overall growth of demand and sales for beveled edge jars and is projected to drive the regional market over the said forecast period.
Some of the key prominent players in the industry includes
Key players in the market are adopting mixture of organic and inorganic business strategies to gain the revenue. Key players are following go to market strategy, joining hands with distributors and channel partners to generate revenue bars.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
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1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Analysis and Forecast 6.1. Material 6.2. Shape 6.3. End Use 7. Global Analysis and Forecast, By Material 7.1. PET 7.2. PP 7.3. Glass 7.4. Plastics 8. Global Analysis and Forecast, By Shape 8.1. Double Wall 8.2. Square Iconic jar 8.3. Transparent Jar 8.4. Stackable Jar 8.5. Transparent dome 8.6. Single wall 8.7. Slimline jars 8.8. High profile jars 8.9. Others 9. Global Analysis and Forecast, By End Use 9.1. Personal Care Products 9.2. Food & Supplements 9.3. Home Care products 9.4. Pharmaceuticals 9.5. Others 10. Global Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia & Oceania 10.6. Middle East & Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Oceania Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Material, Shape, and End Use for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Owens Illinois Group Inc. 19.2. OLCOTT PLASTICS 19.3. Graham Packaging 19.4. Raepack 19.5. COSPAK 19.6. Berry Global, Inc. 19.7. amcor 19.8. ALPHA PACKAGING 19.9. ALAMEDA PACKAGING and other prominent players.
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