PET Jars Market, Global Outlook and Forecast 2024-2030
The global PET Jars market size was valued at US$ 3.45 billion in 2024 and is projected to reach US$ 4.89 billion by 2030, at a CAGR of 6.0% during the forecast period 2024-2030.
The United States PET Jars market size was valued at US$ 989.4 million in 2024 and is projected to reach US$ 1.34 billion by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
PET Jars are plastic containers made from polyethylene terephthalate, used for packaging food, beverages, and personal care products.
The global market is growing steadily, driven by packaging industry demands. In 2023, total production reached 12 million tons, with food packaging accounting for 45% of demand. The personal care segment is growing at 7.2% annually. The market saw a 20% increase in demand for recycled PET jars in 2023. Standard jars dominate with a 70% market share, while custom designs are growing at 8% annually. Asia Pacific leads with a 45% market share, while North America is the fastest-growing region at 6.5% CAGR. The industry is focusing on developing sustainable materials, with a 30% growth in R&D investments.
Report Overview
PET Jars are commonly used to store different food items, water, toys and other materials. These jars are light in weight and are available in different shades, patterns and sizes.
This report provides a deep insight into the global PET Jars market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global PET Jars Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the PET Jars market in any manner.
Global PET Jars Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Plenco Closures Pvt Ltd
Frapak
Shanghai Best China Industry
Guangzhou Huihua Packaging
Yiwu Huicheng Packaging
Rashi Plast
Mahavir Industries
Market Segmentation (by Type)
Straight Cylindrical
Square
Others
Market Segmentation (by Application)
Food
Cosmetic
Chemistry
Others
Geographic Segmentation