Double Wall Jars Market: An Overview
A safe, protective and high-quality packaging solution is the most needed aspect in the cosmetic industry. Millions of cash are spent on perfecting a better solution in the form of cream, gel, lotions, powder and other similar items for many of the difficulties faced regarding hair care, skincare and cosmetics. To safeguard such delicate items from getting contaminated or damaged, protective packaging in vital. The constant innovation coupled with intense competition in the global cosmetic industry has significantly driven the growth of the double-wall jars market. The cosmetic industry has experienced rapid growth owing to the current megatrends that are consumer's healthy approach to have healthy skin, hair. Growing demand for personal care and cosmetics products to fit in with their lifestyle has also created great prospects for innovative packaging solutions.
The double wall jars usage are not limited to packaging for personal care and cosmetics products but also have a secondary use as packaging for dry food items, frozen foods, snacks and even for personal utilization.
Double Wall Jars Market: Dynamics
The lightweight, durability and high tensile strength factors tend to factor as an advantage in increasing the demand for double wall jars in the market. The double wall also helps in the insulation that makes the cream, lotion, gel or powder inside the jar less likely to melt or get contaminated during summer.
The customization facility that is provided to the manufacturers and the suppliers to give an attractive appeal to the double wall jars which in turns attracts the consumer's attention thereby increasing the brand recognition. Buying a branded and luxury product with the growing disposable income tends to expect a steady growth of the double wall jars in the forecasted period owing to the growing population.
Increasing awareness regarding the quality of beauty products, keeping healthy skin gave rise to intense competition in the cosmetic industry. Brand owners try to gain attention by using attractive, clear, aesthetic and engaging displays on the double wall jars and even use different shapes of the jars and the closure type to give the product a unique look. The preference of using a new product majorly depends on the appearance of the packaging.
Double wall jars are made up of two coatings of plastic that makes the structure look big that often deceives the consumers into believing there is more amount of product. This might affect the consumer's buying decision disrupting brand loyalty. The two coatings of plastic would mean the packaging is not very sustainable owing to create problems while dumping the jar and recycling them.
Usage of e-commerce has increased the growth of e-retail and the consumption of household products rather than getting an expensive treatment at salons or parlours. It is observed that since the beginning of the Covid 19 pandemic there is a steady growth in the online buying of beauty products owing to the rise in the growth of the double wall jars market. Beauty and personal care products are now considered as one of the essential items thereby not allowing the lockdown to suffer a decline in the double wall jars market.
Double Wall Jars Market: Segmentation
Double Wall Jars Market can be segmented by material, size, type and application.
Based on the Material, the Double Wall Jars Market has been segmented as
Based on the size, the Double Wall Jars Market has been segmented as
- Up to 100ml
- 101ml to 500ml
- 500ml and above
Based on the type, the Double Wall Jars Market has been segmented as
Based on Application, the Double Wall Jars Market has been segmented as
- Cosmetic & Personal Care
- Home Care
Double Wall Jars Market: Regional Outlook
North America and Europe contribute to having an increasing expenditure on beauty products and personal care products over the years augmenting the growth of the cosmetic packaging industry. North America and Europe are having highly fragmented market with a significant number of key players manufacturing various cosmetic products owing to the usage of cosmetic packaging such as double wall jars giving an upper edge to the intense competition on a global level. With the technological innovations, usage of social and digital platforms, companies have used it as an advantage to make the consumers aware of the products thereby promoting the growth in the sales of the product forecasting a rise in the competition with the other developing countries such as China, Korea, India, Japan and others.
Double Wall Jars Market: Key Players
Key players in the Double Wall Jars Market are,
- Mktg Industry Srl
- Miron Violettglas Bv
- Bottle Store
- E.D. Luce Packaging
- Elcosgroup Corporation
- Container and Packaging
- The Packaging Company
- Pacific Bridge Packaging Inc.
- The Plastek Group
- Alameda Packaging
- Andler Packaging Group
- Nordtek packaging
- International Cosmetic Suppliers Ltd
- Mahalaxmi Industries
The report Double Wall Jars Market 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 Double Wall Jars market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Middle East & Africa (MEA)
- South Asia
- East Asia
- A detailed overview of the parent market
- Changing Double Wall Jars Market dynamics in the industry
- In-depth Double Wall Jars Market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the Double Wall Jars Market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.