The Industrial Drums Market is Segmented by Product Type (Steel Drums, Plastic Drums, and Fiber Drums), by End-User Industry Type (Food & Beverage, Chemicals and Fertilizers, Pharmaceuticals, Petroleum and Lubricants, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The Industrial Drums Market is Segmented by Product Type (Steel Drums, Plastic Drums, and Fiber Drums), by End-User Industry Type (Food & Beverage, Chemicals and Fertilizers, Pharmaceuticals, Petroleum and Lubricants, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of t...
Industrial Drums Market is likely to grow from USD 12.75 billion in 2022 to USD 19.36 billion by 2028 at an impressive CAGR of 7.21% during the forecast period of 2022-2028.
What are industrial drums?
Industrial drums find a wide range of application for storage and transportation of materials for the delivery of mass freight and offer favourable features such as higher operational efficiency, cost-effective transport packaging solutions for shipment of both dangerous and non-dangerous materials such as chemicals, fruit juices, and wines.
Market Drivers
The excellent features offered by industrial drums such as higher operational efficiency and effectiveness in shipping bulk quantities of commodities in the form of liquid, their wide utilization for the packaging of chemicals and fertilizers, petroleum and lubricants, among others, and the growing cross-continent trade across the end-user industries are the major factors driving the growth of the industrial drums market during the forecast period.
Wish to get a free sample?
Segments' Analysis
Product Type
Based on the product type, the market is segmented as steel drums, plastic drums, and fiber drums. Steel drum product type is estimated to account for the largest share of the market during the forecast period owing to the increasing demand for chemicals and petroleum lubricants from various end-user industries and the excellent features offered by it, such as high strength, gas barrier properties, and superior processing performance. Factors such as its capability to be rolled into various thickness of the sheet, foil, rolling, sheet stamping, and welding made of different shapes and sizes of the packaging container, and its utilization as packaging solutions for transporting and storing hazardous goods are expected to fuel the product demand in the market over the forecast period.
By Region
In terms of regions, Asia-Pacific is estimated to be the fastest-growing region in the market with China, India, and Indonesia being the major countries with rapid evolution of manufacturing sector during the forecast period. Moreover, growing exports in vegetable oil and wines, and more preference given to industrial drums by the exporters in the regional market is expected to accelerate the growth of the market over the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.
Market Scope & Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Industrial Drums Market Research Report - Features
Market Segmentation
3
Regions Covered
4
Countries/Sub-Regions Covered
17
No. of Figures & Tables
>150
Company Profiles
10
The industrial drums market is segmented into the following categories.
By Product Type:
Steel Drums
Plastic Drums
Fiber Drums
By End-User Industry Type:
Food & Beverage
Chemicals and Fertilizers
Pharmaceuticals
Petroleum and Lubricants
Others
By Region:
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Key Players
Some of the key players in the industrial drums market are-
Balmer Lawrie & Co. Ltd.
Eagle Manufacturing Company
Greif Inc.
Industrial Container Services LLC
Mauser Group NV
SCHÜTZ GmbH & Co. KGaA
Sicagen India Ltd.
Time Technoplast Ltd.
TPL Plastech Ltd.
U.S. Coexcell Inc.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation by anyone of the product types by end-user industry type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Share Your CommentEnter your contact details so our analysts can reach out to you
The report is delivered digitally through our online portal. Buyers receive login credentials from our team to access the report and may update their credentials at any time after the initial login.
Delivery timelines depend on the status of the report:
Published reports are typically delivered within 24 hours.
If the dataset is ready but the report is still being prepared, the dataset is usually delivered within 24 hours, while the completed report is delivered within 2 weeks.
For ongoing studies, both the dataset and the final report are generally delivered within 4–5 weeks .
For the most accurate delivery timeline, please contact us to confirm the current status of the report.
Yes. The scope of the report can be fully customized to align with your specific research objectives and information requirements.
Please contact us at [email protected], and our team will be happy to discuss your requirements and propose a tailored solution.
Yes. Selected sections of the report can be purchased separately based on your requirements. Please contact us at [email protected] to discuss your needs.
Yes, AI can help gather publicly available information, but its outputs are only as reliable as the data it accesses. Stratview Research reports are built using validated data, extensive primary interviews with industry stakeholders, and the expertise of our experienced research team.
Additionally, many critical insights, including market dynamics, competitive intelligence, and industry-specific trends, are not publicly available and therefore cannot be captured through AI alone.
The excellent features offered by industrial drums such as higher operational efficiency and effectiveness in shipping bulk quantities of commodities in the form of liquid, their wide utilization for the packaging of chemicals and fertilizers, petroleum and lubricants, among others, and the growing cross-continent trade across the end-user industries are the major factors driving the growth of the industrial drums market during the forecast period.
Balmer Lawrie & Co. Ltd., Eagle Manufacturing Company, Greif Inc., Industrial Container Services LLC, Mauser Group NV, SCHÜTZ GmbH & Co. KGaA, Sicagen India Ltd., Time Technoplast Ltd., TPL Plastech Ltd., and U.S. Coexcell Inc are among the key players in the industrial drums market.
