Plastic Drums Market Size, Share, Growth Report 2030

Plastic Drums Market

Plastic Drums Market by capacity Type (35 Gallon, 35-60 Gallon, and 60 Gallon & above), Product Type (Open Head Drums and Tight Head Drums), End Use (Food & Beverage, Chemicals & Fertilizers, Building & Construction, and Pharmaceuticals, and Paints & Lubricants): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 02-Oct-2020 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-4000 Status : Published

The plastic drums market is set for a rapid growth over the forecast period. In terms of revenue, the global plastic drums market accounted for USD 2.66 Billion in 2019 and is expected to Reach USD 3.85 Billion by 2026, growing at a CAGR of around 5.4%.plastic drums Industry share By capacity type, product type, and end user

The plastic drums market is set for a rapid growth over the forecast period. In terms of revenue, the global plastic drums market accounted for USD 2.66 Billion in 2019 and is expected to Reach USD 3.85 Billion by 2026, growing at a CAGR of around 5.4%.

Global Plastic Drums Market: Overview

Plastic drums are used for transportation and storage of industrial products which requires appropriate handling of the filling product. They are being made up of high-density polyethylene or polypropylene. However, polyethylene is majorly used for manufacturing plastic drums.

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Global Plastic Drums Market: Growth Factors

From conventional designs to improved innovative designs, the global plastic drums market is witnessing a paradigm shift as not only the buyers from developed countries but also from developing regions are preferring plastic drums over other conventional drums. This will boost the global plastic drums market trends.

The plastic drums market is set to experience high growth in the upcoming years, as the cost-effectiveness of plastic is providing convenience to the consumers. Earlier, larger metal drums were used to ship containers for oil, juice, and other liquid products, but now plastic drums are steadily replacing other industrial packaging options. Today, manufacturers provide auto lock systems in plastic drums to enhance their capabilities, thereby further proliferating the product demand across the globe.

Plastic drums are stacked on pallets and can be efficiently handled during shipment. They can be re-used nearly 30 times with repeated reconditioning. Plastic drums are specifically designed with handles and some of them have strong closures for better handling and protection of the filling products. These aforementioned features of the product can augment the plastic drums market earnings in the near future by generating enormous demand for the product among the customers.

Report Scope:

Report Attributes Report Details
Report Name Plastic Drums Market Size Report
Market Size in 2019 USD 2.66 Billion
Market Forecast in 2026 USD 3.85 Billion
Compound Annual Growth Rate CAGR of 5.4%
Number of Pages 110
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Greif Packaging LLC, CurTec Holdings B.V., Mauser Packaging Solutions, Schutz Container Systems, U.S. Coexcell Inc., Interplastica, Industrial Container Services, AST Plastic Containers, KODAMA PLASTICS Co., Ltd., Industrial Packaging Limited, RPC Group Plc, CL Smith Company, GREAT WESTERN CONTAINERS INC., TPL Plastech Ltd., Vallero International S.r.l., Remcon Plastics Incorporation, Orlando Drum & Container Corporation, and Hazmatpac, Inc
Segments Covered By Type,By end-user, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Plastic Drums Market: Segmentation

The global plastic drums market is segmented as per its capacity type, product type, and end use. Based on the capacity type, the market is sectored into up to 35 Gallon, 35-60 Gallon, and 60 Gallon & above. On the basis of product type, the plastic drums market is sectored into Open Head Drums and Tight Head Drums. End-use wise, the plastic drums market is classified into Food & Beverage, Chemicals & Fertilizers, Building & Construction, Pharmaceuticals, and Paints & Lubricants.

Global Plastic Drums Market: Regional Analysis

Based on regions, the global plastic drums market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Plastic drums offer several advantages which include re-usability and cost-efficiency, leading to their plethora of applications across various regions of North America. This, in turn, is likely to drive the growth of plastic drums market in North America. Asia Pacific plastic drums market is estimated to have significant growth during the forecast period, owing to the massive demand for petrochemicals in the region. Demand for petrochemicals in the developing regions of Latin America will propel the growth of the plastic drums market in the region. Europe and the Middle East and Africa markets have huge growth potential.

Global Plastic Drums Market: Competitive Players

Some of key players in plastic drums market are Greif Packaging LLC, CurTec Holdings B.V., Mauser Packaging Solutions, Schutz Container Systems, U.S. Coexcell Inc., Interplastica, Industrial Container Services, AST Plastic Containers, KODAMA PLASTICS Co., Ltd., Industrial Packaging Limited, RPC Group Plc, CL Smith Company, GREAT WESTERN CONTAINERS INC., TPL Plastech Ltd., Vallero International S.r.l., Remcon Plastics Incorporation, Orlando Drum & Container Corporation, and Hazmatpac, Inc. 

Global Plastic Drums Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

North America region holds the highest share in 2021.

The Global Plastic Drums Market is growing at a CAGR of 5.4%. during forecasting period 2022-2029.

Global Plastic Drums Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

Greif Packaging LLC, CurTec Holdings B.V., Mauser Packaging Solutions, Schutz Container Systems, U.S. Coexcell Inc., Interplastica, Industrial Container Services, AST Plastic Containers, KODAMA PLASTICS Co., Ltd., Industrial Packaging Limited, RPC Group Plc, CL Smith Company, GREAT WESTERN CONTAINERS INC., TPL Plastech Ltd., Vallero International S.r.l., Remcon Plastics Incorporation, Orlando Drum & Container Corporation, and Hazmatpac, Inc

The Global Plastic Drums Market is studied from 2021 to 2029.

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