The global screw top jar market value is projected to reach USD 580.6 million in 2023. Over the forecast period from 2023 to 2033, global screw top jar sales are expected to soar at a CAGR of 4.9%. By 2033, total market size is projected to reach USD 936.8 million.
In 2022, the worldwide screw top jar industry was valued at USD 553.5 million and it is likely to witness a positive growth trajectory through 2033. As per the latest analysis, the target market is projected to generate an attractive incremental growth opportunity of USD 383.3 million during the forecast period.
Adoption of screw top jars is expected to remain high in food & beverage sector. As per Future Market Insights (FMI), food & beverages segment by end-use held a share of about 51.2% in 2022 within the global market.
The plastic segment with a market share of more than 63.4% topped the global screw top jar industry within the material category. For the projection period, plastic segment is set to thrive at a CAGR of around 4.4%. This is due to rising consumer preference for plastic screw top jars due to their lightweight and cost-effectiveness.
Key Factors Shaping Market Dynamics :
Screw top jars are packaging solutions or simply containers having a lid or top that can be attached or removed by being turned. They are becoming ideal choices for storing and protecting a wide range of products including food items, cosmetics, and pharmaceuticals.
Screw top jars are gaining wider traction due to their convenience, reliability, and versatility. From spices to coffee, lip balm to lotions, and jams to honey, screw top jars are being widely used to store and keep everything safe and fresh.
Growing usage of screw top jars for storing food products, beverages, cosmetics, seeds, pharmaceuticals, personal care items, etc. is expected to boost the global market through 2033.
As screw top jars provide a feasible solution to preserve products for a longer duration, their demand is likely to rise at a steady pace over the projection period. These jars allow end users to protect their products from spoilage as well as extend their shelf life.
The airtight seal, reusability, versatility, and easy to use features of screw top jars are expected to encourage their adoption across several sectors over the projection period.
The increasing need for eco-friendly, biodegradable, or reusable screw-top jars is another key factor expected to boost the target market during the assessment period.
Rising consumption of cosmetic products globally is expected to uplift screw top jar demand over the projection period.
In recent years, rapid urbanization and rising consumer spending have triggered growth in the cosmetics & personal care sector. People across the globe are spending huge amounts on cosmetics & personal care products such as skin makeup, lipsticks, skin makeup and several personal care products.
For instance, as per the L’Oreal 2021 Annual Report, global cosmetics sector reached a valuation of 228 billion euros in 2021. This in turn is creating a high demand for packaging solutions such as screw top jars as they are being widely used for storing and protecting a wide range of cosmetic & personal care items.
Booming healthcare sector is likely to bolster screw top jar sales and present ample growth opportunities for screw top jar manufacturers.
The healthcare sector is one of the fast-growing sectors in the world. It is expected to thrive by 7% through 2026 as per studies conducted by the World Health Organization (WHO). This is anticipated to generate lucrative growth opportunities for screw top jar manufacturing companies.
Growing prevalence of multiple health conditions such as diabetes, hypertension as well as dermatitis is driving the sales of medicines such as tablets and ointments. This in turn is likely to impact the demand for screw top jars.
Further, sales of screw top jars continue to be heavily impacted by their airtight quality, resulting in an increase in demand for medicine storage.
Demand for screw top jars is also predicted to gain substantial traction in the healthcare and pharmaceutical sectors as a means of preserving the chemical makeup of medications and extending their shelf life.
Rising usage of screw top jars in households is predicted to further boost the target market during the forecast period.
Screw top jars are commonly used for storing, preserving, and organizing several types of food products, condiments, spices, and other household goods. They are becoming ideal choices for home canning & preserving.
Attributes | Key Insights |
---|---|
Estimated Global Screw Top Jar Market Size (2023) | USD 580.6 million |
Projected Market Value (2033) | USD 936.8 million |
Value CAGR (2023 to 2033) | 4.9% |
Collective Value Share: Top 5 Countries (2022A) | 15% to 20% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), global sales of screw top jars increased at a CAGR of about 3.7% during the historic period from 2018 to 2022. Total market value grew from USD 478.0 million in 2018 to USD 553.5 million in 2022.
Looking ahead, the worldwide screw top jar industry is projected to expand at 4.9% CAGR during the assessment period, taking the overall market valuation to USD 936.8 million by 2033.
Demand for screw-top jars has gained great appeal in recent years as a feasible method for preserving a wide variety of food for an extended period. These jars are being increasingly utilized for several applications which include the storage of cosmetics, personal care goods, food products, pickles, seeds, jams, as well as ketchup.
Rising usage of screw top jars across sectors such as food & beverage, cosmetics, and pharmaceutical is expected to boost the target market during the forecast period.
Growing need for effective packaging solutions and rising awareness about the benefits of using screw top jars are likely to uplift demand in the target market through 2033.
Another prominent factor stimulating growth in the target market is the rising demand for sustainable packaging. Both manufacturers and consumers are gradually moving towards eco-friendly packaging options due to rising environmental concerns.
Screw top jars are generally made from recyclable materials and can be reused. This makes them a sustainable choice. These sustainable jars are gradually replacing single-use alternatives responsible for rising environmental pollution.
The screw top jar industry is predicted to show promising growth during the assessment period due to increasing competition. New companies are offering a wide range of options at lower pricing to fulfill evolving demand of end users.
Consumer demand and trends largely impact screw top jar market growth strategies nowadays. An ongoing trend is the sustainability imperative which largely drives consumer decision-making.
For instance, a survey conducted by the World Economic Forum shows that around 75% of millennial respondents consider sustainable options while purchasing any product.
Environmental regulations for eco-friendly products are also responsible for leading manufacturers towards sustainable & eco-friendly products and packaging solutions.
Several manufacturers are focusing on the development of eco-friendly screw-top jars which will cater to the trend as well as the regulation framed for environmental issues. They are introducing new products such as glass jars with screw lids.
Subsequently, end users are also moving towards sustainable packaging to attract more customers.
For instance :
Country | United States |
---|---|
Market Share (2023) | 20.0% |
Market Share (2033) | 19.5% |
BPS Analysis | -20 |
Country | China |
---|---|
Market Share (2023) | 18.5% |
Market Share (2033) | 18.9% |
BPS Analysis | 40 |
Country | Germany |
---|---|
Market Share (2023) | 6.2% |
Market Share (2033) | 6.1% |
BPS Analysis | -10 |
Country | Japan |
---|---|
Market Share (2023) | 2.1% |
Market Share (2033) | 1.9% |
BPS Analysis | -20 |
Country | India |
---|---|
Market Share (2023) | 6.0% |
Market Share (2033) | 6.4% |
BPS Analysis | 30 |
According to Future Market Insights (FMI), the United States screw top jars market is estimated to thrive at a CAGR of 4.6% during the forecast period. It is likely to hold a prominent share of the worldwide screw top jar industry in 2033.
Robust growth of the cosmetics sector across the United States is projected to propel demand for screw top jars as a packaging solution.
As per financials recorded by Ulta Beauty, its sales in Q4, 2022 increased by almost 20% in the United States. This is due to rising spending of Americans on cosmetic products. Driven by this, demand for packaging solutions such as screw top jars is expected to rise steadily across the United States cosmetic sector.
Rise in the export of cosmetic products is another key factor expected to bolster screw top jar sales in the United States.
According to the International Trade Administration (ITA), the United States is among the leading manufacturers and exporters of cosmetic items globally. For instance, United States exports of cosmetics from 2017 to 2019 grew by 2% annually and reached about USD 15.02 billion.
To protect sensitive cosmetic items during transportation and extend their shelf life, leading cosmetic giants are utilizing packaging solutions such as screw top jars. This is expected to stimulate market growth in the United States.
China screw top jar market is forecast to expand at 5.1% CAGR during the forecast period. It is expected to remain one of the key lucrative markets for screw top jar manufacturers. This is due to flourishing food & beverage sector and rising need for lightweight and durable packaging solutions.
Leading food and beverage manufacturers across China are increasingly using screw top jars for storing and protecting a wide variety of products. These include jams, butter, pickles, etc. High adoption of these packaging solutions is set to fuel screw top jar sales in China.
According to estimates from the United Nations, International Labour Organization (ILO), China has one of the leading labor forces worldwide which further increased by almost 1.5 million in 2022.
The ready availability of inexpensive labor and cheap production costs is expected to impact the market of screw top jars in China.
Based on capacity, the worldwide screw top jar industry is segmented into less than 50 ml, 51 to 200 ml, 201 to 500 ml, 501 to 1000 ml, and 1000 ml & above. Among these, demand is expected to remain high for screw top jars with capacities of 51 to 200 ml.
According to Future Market Insights (FMI), 51 to 200 ml segment is anticipated to dominate the target market during the forecast period. It is likely to hold around 35% share of the screw top jar industry by the end of 2033.
Screw top jars with a capacity ranging between 51 to 200 ml are highly versatile and utilized by multiple end users, especially cosmetics, and food & beverage players. They are likely to generate lucrative revenues for screw top jar manufacturers through 2033.
Rising adoption of screw top jars with 51 to 200 ml capacity across several sectors is expected to play a key role in boosting growth of the overall market.
Based on end-use, the global screw top jar industry is segmented into food & beverages, healthcare, chemicals, personal care & cosmetics, and household. Among these, food & beverage segment is expected to lead the target market.
The food & beverage segment under end use is estimated to generate high demand for screw top jars throughout the forecast period. The same segment is anticipated to hold a market share of 52.4% in 2033. This is due to rising usage of screw top jars for storing and transporting a wide range of food & beverage products.
Growing need for properly storing and protecting food & beverage products during transit and storage is expected to elevate demand for screw top jars in the food & beverage sector.
Similarly, rising consumption of packaged food items across the world is likely to bolster screw top jar sales during the assessment period.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Leading screw top jar manufacturers are focusing on introducing novel solutions with innovative designs into the market. They are also incorporating advanced manufacturing technologies, developing novel materials, and implementing strategies such as partnerships, mergers, collaborations, acquisitions, agreements, facility expansions, etc. to gain a competitive edge in the market.
Recent developments :
Attribute | Details |
---|---|
Estimated Market Value (2023) | USD 580.6 million |
Projected Market Value (2033) | USD 936.8 million |
Anticipated Growth Rate (2023 to 2033) | 4.9% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Material, Capacity, End Use |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, GCC Countries, China, India, Australia |
Key Companies Profiled | Rayware Limited; Infinityjars; SKS Bottle & Packaging, Inc.; Verallia; Ardagh Group S.A.; Klar glass Sp.z.o.o; AUER PACKAGING; Le Parfait; Nova-Pack; H&K Müller GmbH & Co. KG; Frapak; Stoelzle Glass Group; Adeshwar Containers; Parkway Plastics Inc. |
The overall market is projected to follow a growth rate of 6.5% through 2033.
By 2033, the net worth of the total sales could reach around USD 936.8 million.
The sales of screw top jars in the United States is around 20% of the global sales.
Expanding food & beverages sector could drive the demand in China at 5.1% CAGR.
Screw Top Jars of 51 to 200 ml capacity generated a market revenue of more than 35% in 2022.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 9.1. Plastic 9.2. Glass 9.3. Metal 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 10.1. Less than 50 ml 10.2. 51 to 200 ml 10.3. 201 to 500 ml 10.4. 501 to 1000 ml 10.5. 1000 ml and above 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 11.1. Food & Beverages 11.2. Healthcare 11.3. Chemicals 11.4. Personal Care & Cosmetics 11.5. Household 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. North America 12.2. Latin America 12.3. East Asia 12.4. South Asia & Pacific 12.5. Western Europe 12.6. Eastern Europe 12.7. Central Asia 12.8. Russia & Belarus 12.9. Balkan & Baltic Countries 12.10. Middle East and Africa 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23. Country wise Market Analysis 2023 & 2033 24. Market Structure Analysis 25. Competition Analysis 25.1. Rayware Limited 25.2. Infinityjars 25.3. GOODAO 25.4. Verallia 25.5. Ardagh Group S.A. 25.6. Klar glass Sp.z.o.o 25.7. AUER PACKAGING 25.8. Le Parfait 25.9. Nova-Pack 25.10. H&K Müller GmbH & Co. KG 25.11. Frapak 25.12. Stoelzle Glass Group 25.13. Adeshwar Containers 25.14. Parkway Plastics Inc. 25.15. SKS Bottle & Packaging, Inc. 26. Assumptions and Acronyms Used 27. Research Methodology
Explore Packaging Insights
View Reports