Global Industrial Drums Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ XX Mn. The global Industrial Drums market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Industrial Drums report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Global Industrial Drums Market Overview:
Industrial drums are used to store and carry commodities for the delivery of large amounts of freight. These drums, sometimes called barrels, are generally utilized for the shipping of hazardous materials. Industrial barrels improve operational efficiency and effectiveness while delivering large volumes of liquid goods. Industrial drums provide cost-effective transportation.Global Industrial Drums Market Dynamics:
Drivers:
Chemicals and fertilizers, as well as petroleum lubricants, have all been packaged in industrial barrels. Furthermore, the packaging sector is increasing its use of industrial drums. The package manufacturers are concentrating on recycling, downgauging, pack size optimization, and safety. Many firms and businesses can benefit from the advantages offered by industrial drums to efficiently manage sustainability goals. Increased cross-continent trading among end-users such as petroleum and chemicals, among others, is also projected to drive market development.Restraints:
The slow adoption of automation technology among industrial drum, manufacturers are likely to stymie advance orders from various end-user sectors. With the emergence of COVID-19, the market is expected to be impacted owing to a shortage of resources at manufacturing sites and a lockdown scenario in nations that may negatively influence the supply chain.Global Industrial Drums Market Segment Analysis:
Based on Product Type, the steel drums segment is anticipated to dominate the global industrial drums market over the forecast period. The outstanding mechanical qualities of steel drums, such as high strength, good protective properties, such as gas barrier capabilities, and great processing performance, are predicted to be beneficial in terms of utilization. Furthermore, it may be rolled into a variety of sheet thicknesses, foil, sheet stamping, rolling, stretching, and welding of packing containers of various forms and sizes. Steel barrels are also utilized as packaging for hazardous items when shipping and storing them. Furthermore, the US Department of Transportation stated that steel barrels are the most secure containers. The chemical industry is also projected to account for a sizable portion of the steel drum market for safe packaging solutions. According to Japan's METI, the amount of steel drum containers produced grew from 321.08 thousand metric tonnes in 2012 to 339.28 thousand metric tonnes in 2018.
Global Industrial Drums Market Regional Insights:
Geographically, the Asia Pacific region is expected to hold a significant share of the market during the forecast period. The Asia-Pacific region's rapidly developing manufacturing sector is projected to boost the region's use of industrial drums. Global businesses are continuing to move production to rise economies such as China, India, and Indonesia. The region is seeing an increase in exports of vegetable oil and wines, which is expected to boost the growth of the region's industrial drums industry. Asian oil exporters favor industrial drums over other bulk packaging items. India and China are well-known for their large-scale palm-oil exports, which may result in a major increase in demand for industrial drums in the area.The objective of the report is to present a comprehensive analysis of the global Industrial Drums market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Industrial Drums market dynamics, structure by analyzing the market segments and project the global Industrial Drums market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Industrial Drums market make the report investor’s guide.
Global Industrial Drums Market Key Developments:
February 2020, Greif announced the development of its plastics business on the United States' West Coast. In its Merced, California, plant, the business is building a plastic drum blow molding machine. The blow molder is anticipated to go into service in the second quarter of 2020. June 2019, Balmer Lawrie & Co. Ltd has opened a new Industrial Packaging facility in Vadodara, Gujarat, to manufacture steel drums. With a pan-India market share of about 34%, the business is India's largest 210L MS Drum producer. The business established the Vadodara facility intending to provide quality goods and services to the chemical sector.Global Industrial Drums Market Scope: Inquire before buying
Global Industrial Drums Market, by Region
• North America • Europe • Asia Pacific • The Middle East and Africa • South AmericaGlobal Industrial Drums Market Key Players
• Greif, Inc. • Sicagen India Ltd. • Balmer Lawrie & Co. Ltd. • Time Technoplast Ltd. • SCHUTZ GmbH & Co. KGaA • Mauser Group NV • Industrial Container Services LLC • TPL Plastech Ltd • Eagle Manufacturing Company • U. S. Coexcell, Inc. • North Coast Container Corp. • Rahway Steel Drum Co, Inc. • General Steel Drum LLC • Izvar Ambalaj Sanayi VE Ticaret AS • Chicago Steel Container Corp. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Industrial Drums Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Industrial Drums Market 3.4. Geographical Snapshot of the Industrial Drums Market, By Manufacturer share 4. Global Industrial Drums Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Industrial Drums Market 5. Supply Side and Demand Side Indicators 6. Global Industrial Drums Market Analysis and Forecast, 2019-2026 6.1. Global Industrial Drums Market Size & Y-o-Y Growth Analysis. 7. Global Industrial Drums Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 7.1.1. Steel Drums 7.1.2. Plastic Drums 7.1.3. Fiber Drums 7.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 7.2.1. Food and Beverage 7.2.2. Chemical and Fertilizers 7.2.3. Pharmaceuticals 7.2.4. Petroleum and Lubricants 7.2.5. Other End-user Industries 8. Global Industrial Drums Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Industrial Drums Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 9.1.1. Steel Drums 9.1.2. Plastic Drums 9.1.3. Fiber Drums 9.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 9.2.1. Food and Beverage 9.2.2. Chemical and Fertilizers 9.2.3. Pharmaceuticals 9.2.4. Petroleum and Lubricants 9.2.5. Other End-user Industries 10. North America Industrial Drums Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Industrial Drums Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 12. Canada Industrial Drums Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 13. Mexico Industrial Drums Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 14. Europe Industrial Drums Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 15. Europe Industrial Drums Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Industrial Drums Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 17. France Industrial Drums Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 18. Germany Industrial Drums Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 19. Italy Industrial Drums Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 20. Spain Industrial Drums Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 21. Sweden Industrial Drums Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 22. CIS Countries Industrial Drums Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 23. Rest of Europe Industrial Drums Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 24. Asia Pacific Industrial Drums Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 25. Asia Pacific Industrial Drums Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Industrial Drums Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 27. India Industrial Drums Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 28. Japan Industrial Drums Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 29. South Korea Industrial Drums Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 30. Australia Industrial Drums Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 31. ASEAN Industrial Drums Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 32. Rest of Asia Pacific Industrial Drums Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 33. Middle East Africa Industrial Drums Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 34. Middle East Africa Industrial Drums Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Industrial Drums Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 36. GCC Countries Industrial Drums Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 37. Egypt Industrial Drums Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 38. Nigeria Industrial Drums Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 39. Rest of ME&A Industrial Drums Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 40. South America Industrial Drums Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 41. South America Industrial Drums Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Industrial Drums Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 43. Argentina Industrial Drums Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 44. Rest of South America Industrial Drums Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By End-user Industry, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Industrial Drums Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Greif, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Sicagen India Ltd. 45.3.3. Balmer Lawrie & Co. Ltd. 45.3.4. Time Technoplast Ltd. 45.3.5. SCHUTZ GmbH & Co. KGaA 45.3.6. Mauser Group NV 45.3.7. Industrial Container Services LLC 45.3.8. TPL Plastech Ltd 45.3.9. Eagle Manufacturing Company 45.3.10. U. S. Coexcell, Inc. 45.3.11. North Coast Container Corp. 45.3.12. Rahway Steel Drum Co, Inc. 45.3.13. General Steel Drum LLC 45.3.14. Izvar Ambalaj Sanayi VE Ticaret AS 45.3.15. Chicago Steel Container Corp. 45.3.16. Other Key Players 46. Primary Key Insights