Report ID : 1329347 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Industrial Drums Market is categorized based on Material Type (Steel Drums, Plastic Drums, Fiber Drums, Composite Drums) and Capacity (Below 25 Gallons, 25-55 Gallons, Above 55 Gallons) and End-use Industry (Chemical, Food & Beverages, Pharmaceuticals, Oil & Lubricants, Agriculture) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
As of 2023, the Industrial Drums Market size stood at USD 3.2 billion and is expected to attain USD 5.1 billion by 2033, growing at a 4.8% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.
With regard to the market for industrial drums, a range of industries rely on these products to store and transport liquids and bulk materials. They design and manufacture drums and containers to cater for the rigorous demands from industries such as chemicals, pharmaceuticals, food and beverage, and even oil and gas drums. Safety compliance with regulatory standards and comprehensive supply chain logistics and operations security makes industrial drums indispensable.
With the shift and growth of global trade, emerging economies are demanding high quality industrial drums which has brought forth innovation in materials and design. The market has responded with new proprietary drums specially designed to enhance functionality and sustainablility. This exciting market is exemplified by varieties of steel, plastic, and fiber drums which differ in design purpose and benefits.
It is clear that a business entity focusing on this segment of the market cannot afford to ignore the trends and challenges that affect the industrial drums market if they wish to be competitive. This complex nexus of market dynamics is explored in detail in our market research as we have examined the key drivers, opportunities that arise, and the competitive dynamics that govern this market.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Greif Inc., Müller GmbH, Schütz GmbH & Co. KGaA, Mauser Packaging Solutions, BWAY Corporation, Nefab Group, Crown Holdings Inc., Dunmore Corporation, Berry Global Inc., Sealed Air Corporation, Snyder Industries Inc. |
SEGMENTS COVERED |
By Material Type - Steel Drums, Plastic Drums, Fiber Drums, Composite Drums By Capacity - Below 25 Gallons, 25-55 Gallons, Above 55 Gallons By End-use Industry - Chemical, Food & Beverages, Pharmaceuticals, Oil & Lubricants, Agriculture By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Industrial Drums Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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