The global glass spice jars market is anticipated to accumulate a market value of USD 5.2 billion in 2023 and is expected to garner a valuation of USD 8.4 billion by exhibiting a CAGR of 4.9 % in the forecast period 2023 to 2033. The market for Glass Spice Jars Market reflected growth with a 3.9 % CAGR in the historical period 2018 to 2022.
Consumers are increasingly concerned with how their consumption impacts the environment. Sustainable packaging like glass jars is made from basic materials that have full recyclability, reusability and produce less environmental damage during the manufacturing process.
For a good flavour of spice, it is a must that spices remain in an airtight container to preserve their nutritional essence. The high quality of spices is always stored in glass containers to maintain its fresh integrity because the non-porous structure of the glass does not allow even a small amount of air that can damage the spices which helps in improving the shelf life.
In addition, the glass spice containers create a very good interaction with their caps. The glass rim of the jar enables it to make tighter seal with both the cap and liner than the bond in plastic containers.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2023 | USD 5.2 billion |
| Projected Market Value in 2033 | USD 8.4 billion |
| Growth Rate (2023 to 2033) | 4.9% CAGR |
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Latest developments and breakthroughs in technology, mergers, acquisitions, tie-ups, and partnerships within the companies involved in manufacturing glass spice jars are anticipated to create lucrative opportunities for market growth during the forecast period.
Spices have limited shelf lives and can decay quickly if not stored properly. Spice Jars are used to store spices with limited shelf lives which help in and keeping them safe and protect them from the external environment elements (e.g. heat, moisture).
Improving lifestyles and growing adoption of containers in the kitchen for food storage are creating productive opportunities for key players to manufacture product-specific containers.
The growth of the glass spice jars market depends on the demand and supply of different spices in the market. But it is apprehended that the glass spice jars market will witness a good growth the next few years due to the rising demand of the airtight moisture-resistant spice storage container.
The spice trades back thousands of years ago and still, it is growing day by day with lifestyle changes. From flavourings for food to perfumes for the home and medicine for the body spices have multiple impacts on our lives.
Yet perhaps what’s most impressive about those little jars in the kitchen cupboard is just how much of an impact their contents have had on world history and global trade. The functionality of the spice is linked with the storage container.
For an efficient and good flavour of spice, it is needed that the spices remain in an airtight container to maintain their efficiency. The extensive and high quality of spices is always stored in glass jars to retain its fresh integrity because the non-porous structure of the glass doesn’t allow even a small amount of air that can cause damage to the spices which helps in extending the shelf life in a significant manner.
The glass spice jars create a very good interaction with their caps. The glass rim of the jar allows to make a tighter seal with both the cap and liner than the bond in plastic jars.
The people are making their choice towards the glass spice jar instead of other jars made of plastic because the freezing or heating plastic containers can lead to small particles entering a product and the faint taste of plastic can ruin any flavour of a potent.
The glass packaging is strong and it can be recycled. Moreover, advanced graphic design technology helps the glass spice jars also helps in expanding the beauty of a kitchen.
But the biggest problem of the glass spice jars is their fragile character as these are highly impacted negatively by the heat and internal pressure. The glass spice jars are easily breakable when handled and it can cause injuries. The glass spice jars are heavy and these are difficult to be transported. Also, this adds a high amount of distribution cost.
The recycling amount of the glass spice jars are increasing every year, but the amount of recycling is very large and it requires an enormous amount of time, manpower and equipment. These disadvantages of glass are hindering the growth for the market of the glass spice jars.
Principal Consultant
Asia-pacific is leading the growth of the glass spice jars market as India is known as the land of spices and it is the hotbed for producing new and ancient, traditional spices in a large amount.
Also, the vast diversity of food items which include a variety of spices in their preparation is responsible for the growth of the glass spice jars market. The rising demand for the spices in European countries is leading the market of Europe region. The European demand for spices is growing due to healthy living, interest in new tastes, convenience.
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, macroeconomic 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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Globally the glass spice jars market is segmented by material type and end-uses type.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. By Material Type 6.2. By End-Uses Type 7. Global Market Analysis and Forecast, By Material Type 7.1. Float glass 7.2. Toughened glass 7.3. Painted glass 7.4. Patterned glass 7.5. Solar control glass 7.6. Laminated glass 8. Global Market Analysis and Forecast, By End-Uses Type 8.1. Institutional 8.2. Consumer or household 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. South Asia 9.5. East Asia 9.6. Oceania 9.7. Middle East & Africa (MEA) 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. South Asia Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. Oceania Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa (MEA) Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Material Type and End-Uses Type for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Alcan Packaging 19.2. Anchor Glass Container Corporation 19.3. Caraustar Industries Incorporated 19.4. Constar International Incorporated 19.5. Duy Tan Plastics Manufacturing Corporation 19.6. Evergreen Packaging LLC 19.7. Midland Manufacturing Company 19.8. Multi Packaging Solutions 19.9. Plastipak 19.10. Sonoco Products Company 19.11. Greif 19.12. KING YUAN FU 19.13. KaiZhen Metal
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Glass Spice Jars Market
