Data Bridge Market Research analyses that the global industrial drum market which was USD 11.72 billion in 2022, is expected to reach USD 22.26 billion by 2030, and is expected to undergo a CAGR of 7.7% during the forecast period of 2023 to 2030.
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Market Overview:
The global industrial drums market is a vital segment of industrial packaging, essential for the storage and transport of bulk materials and liquids. Characterized by cylindrical designs, durability, and versatility, industrial drums serve various industries globally. Their growth is driven by diverse applications, sustainability demands, and compliance with stringent regulations. Technological advancements have led to more efficient and user-friendly designs. While globalization and international trade boost demand, competition from alternative packaging solutions and economic volatility can pose challenges. The market's enduring appeal lies in its ability to meet evolving industry requirements while aligning with environmental and safety standards.
Some of the major players operating in the Industrial Drum Market are
Greif (U.S.), TPL Plastech Ltd. (India), Balmer Lawrie and Co. Ltd (India), Time Technoplast Ltd (India)., Sicagen (India)., BWAY Corporation (U.S.), Schütz GmbH and Co. KGaA. (Germany), Eagle Manufacturing Company (U.S.), 3M (U.S), Orora Packaging Australia Pty Ltd (Australia), Industrial Container Services, (U.S.), Chicago Steel Container Corporation (U.S.), U.S. COEXCELL Inc (U.S.), NORTH COAST CONTAINER LLC. (U.S.), Rahway Steel Drum Company (U.S.), and General Steel Drum LLC (U.S)
Global Industrial Drum Market Scope
The global industrial drum market is segmented on the basis of product type, capacity, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Steel Drum
- Plastic Drum
- Fiber Drum Country
Capacity
- Up to 100 Liter
- 100 to 250 Liter
- 250 to 500 Liter
- Above 500 Liter
End-User
- Building and Construction
- Chemical and Fertilizers
- Food and Beverages
- Paints
- Inks and Dyes
- Petroleum and Lubricants
- Pharmaceuticals
- Other End Uses
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Industrial Drum Market
Part 04: Global Industrial Drum Market Sizing
Part 05: Global Industrial Drum Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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