The global sales of pinch grip jars market are estimated to be worth USD 2.5 billion in 2021 and are anticipated to reach a value of USD 3.9 billion 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 pinch grip jars market in 2020 was USD 2.4 billion.
The development of the market of pinch grip jars has been under pressure due to an increasing demand for easy-to-use and ergonomic packaging to help consumers make life easier and help those with weaker strength or ability in their hands. A further increase in healthy and functional foods also highly demands accessible and easy opening of packaging, thus increasing the demand in the market.
Innovations in jar design, improving grip features and ease of use, will continue to meet emerging consumer preferences. This means that the trend towards green packaging further fuels the development of environmentally friendly pinch grip jars. Also, increasing retail and e-commerce contribute to better availability and broader popularity of these jars.
Global Pinch Grip Jars Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 2.4 billion |
Estimated Size, 2021 | USD 2.5 billion |
Projected Size, 2031 | USD 3.9 billion |
Value-based CAGR (2021 to 2031) | 4.5% |
The global sales of pinch grip jars are expected to witness progressive growth over the forecast period. There is persistent rising demand for pinch grip jars for safe storage of various products globally which is likely to boost pinch grip jars market in assessment period.
Pinch grip jars have a square shape and body, a wide mouth, and moulded indentations. These convenient polymer jars are ideal for storing food, beads, small toys, and other small items.
The cubical ability allows for cost-effective shipments and shelving, whereas the wide mouth enables for dispensing of even medium-sized contents. And these advantages in terms of storage and transportation are key factors which are likely to increase the use of the pinch grip jars market over the forecast period.
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Survey discovered that one in every five respondents is ready to pay 20% more than that for a personalized or exclusive product and hence manufactures of pinch grip jars are focusing on personalizing pinch grip jars according to the requirements of customers, which is lifting market sales.
Producers operating in the pinch grip jars market are offering customized logos, customized packaging size, custom colours, graphic customization, neck width and finish, colours in lids, material and many more. This trend of customization is likely to gain traction.
The USA is one of the key markets for pinch grip jars worldwide. The USA pinch grip jars market is to notice a prominent growth rate during the assessment period 2021 to 2031.
Manufacturers in the United States of America are offering pinch jars that are 100% recyclable and meets FDA Standards for the environmentally conscious and make for a great unique selling point when promoting product lines. This can be the key factor as a customer nowadays are more inclined towards sustainable and eco-friendly packaging.
Pinch grip jars are widely used in European countries for storing a variety of products, particularly dry goods. Because the stored product inside is visible, convenience is a key factor for widespread use. The affordability of the product and its easy availability due to the region's strong distribution network of channel partners are key drivers driving the growth of the pinch grip jar market in Europe.
Some key manufacturers functioning in business in pinch grip jars market includes
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. 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. Capacity 6.2. Material 6.3. Application 7. Global Market Analysis and Forecast, By Capacity 7.1. Up to 100 ml 7.2. 100 - 500 ml 7.3. 500 ml - 1 Liter 7.4. Above 1 Liter 8. Global Market Analysis and Forecast, By Material 8.1. PET (Polyethene terephthalate) 8.2. PP (Polypropylene) 8.3. PVC (Polyvinyl chloride) 8.4. Glass 8.5. Metal 9. Global Market Analysis and Forecast, By Application 9.1. Food & Beverage 9.2. Cosmetics & Personal Care 9.3. Pharmaceutical & Nutraceuticals 9.4. Household 9.5. Industrial 9.6. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 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. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Capacity, Material, and Application for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. USD Bned States Plastic Corporation 20.2. Price Containers 20.3. MJS Packaging 20.4. Plascene 20.5. Bottle & Pump 20.6. Dongguan Fukang Plastic Products Co. Ltd 20.7. The Cary Company 20.8. Candy concept sinc
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