The global sales of glass mason jars market are estimated to be worth USD 1.5 billion in 2021 and are anticipated to reach a value of USD 2.4 billion by 2031. Sales are projected to rise at a CAGR of 4.6% over the forecast period between 2021 and 2031. The revenue generated by glass mason jars market in 2020 was USD 1.4 billion.
Several demanding factors drive the growth of the glass mason jars market. Consumer preference for sustainable and eco-friendly packaging fuels the demand for glass jars because it is recyclable and reusable. The increasing health and home canning and preservation among health-conscious consumers and DIY enthusiasts are boosting the market growth for glass mason jars.
The growth of organic and artisan food products, usually packed in glass jars, increases the demand in the market. Additionally, the perceived value that glass packaging gives to brands boosts appeal and sales. Lastly, new designs in glass jars and improvements in closures further facilitate its use and attract both consumers and manufacturers alike.
Global Glass Mason Jars Market Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 1.4 billion |
Estimated Size, 2021 | USD 1.5 billion |
Projected Size, 2031 | USD 2.4 billion |
Value-based CAGR (2021 to 2031) | 4.6% |
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Glass mason jars are an unbeatable option as a packaging material supported by their superior attributes of sterility, reusability, chemical stability, durability, non-permeability, and malleability. They are also hygienic, eco-friendly, and aesthetically pleasing. Mason jars are mainly used in home canning and preserving food, packaging of food, and other consumer goods.
Home preserving is a growing and popular pastime for all ages as consumers look for healthier and more sustainable methods of feeding themselves and their families with freshly-grown and picked food. Home canning is one of the most efficient and sought-after ways to preserve food and prevent bacterial growth. Glass container jars are also available in colors other than transparent to prevent sunlight as per the specific need of few items.
Apart from food preservation and food packaging mason jars are used for decorative purposes also. Glass mason jars are gaining popularity in the alcoholic and non-alcoholic beverages section also.
North America held the majority of the revenue share of the global market in 2020. The presence of strong infrastructure, packaging industries, and large numbers of key players in the area are the contributing factors for growth in the region. Further, supply chain, logistics, and a large number of end-users for the glass mason jars are adding to the growth of the market in the forecasted period.
The alcohol industry in Europe is on large scale and the increasing popularity of mason jars in alcoholic beverages will lead to the growth of the market in the region. Also with the growing end, consumers and packaging industries, and food manufacturers in the region are going to propel the growth of glass mason jars in Europe in the forecasted period.
Some of the key players of Glass Mason Jars include
These companies followed certain strategies like partnership, manufacturing plant expansion, mergers, and acquisitions to gain a good position in the market. For instance, in June 2021, Jiangsu Rongtai Glass Products Co., Ltd. offered custom glass container manufacturing to help brand owners in making their products unique and attractive. Aside from manufacturing exclusive glass bottles.
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 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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