Steel Pails Market: Global Industry Analysis and Forecast (2024-2030) – by Type, Application and Region

Global Steel Pails Market is expected to reach USD 3.807 Bn by 2030 from USD 2.835 Bn in 2023 at a CAGR of 4.30 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Steel Pails Definition:

Steel Pails are the industry standards container used for chemicals, lubricants, coatings, solvents, adhesives, fuels, and other applications. Steel Pails are open- and closed-head, which pails give reliable performance in all environments. Steel Pails can be recycled, which is considered as the main advantage. Steel Pails Market 2024-2030To know about the Research Methodology :- Request Free Sample Report

Global Steel Pails Market Dynamics:

Steel Pail is one of the types of packaging used where various applications require containerization and safe transportation of the product. Steel Pails improve hygiene, eliminate waste, reduce cost and maximize the safety of the product acting as a driver to the growth of the Global Steel Pails Market. Trade activities in emerging economies have increased the demand for the steel pails because it offers various advantages like reusability and can be used for different applications. The minimum probability of contamination is another factor of high demand for steel pails. Steel Pails are considered as the best packaging solutions for different end-users and industrial products including chemicals, lubricants, adhesives, fuel, and the coatings of the products. Steel pails have different characteristics and reliable performance in the environment, which acts as the driving factor for the growth of the Global Steel Pails Market. Steel pails are used by end-users for storage and transportation of liquid or dry products. Manufacturers of steel pails are making innovative advancements in product design to make them more efficient. Mostly, the rust prevention-coated steel pails, gold phenolic-coated steel pails, pigmented phenolic-lined pails, epoxy phenolic-lined pails, open-head steel pails, tight-head steel pails, and galvanized steel pails are used by the end-users depending on the application. As Steel is a recyclable material it can be used repeatedly contributing to the reduction of environmental waste the demand for Steel Pails is increasing. The presence of substitutes like Plastic Pails is expected to hamper the growth of the Global Steel Pails Market. Plastics Pails are cheaper than steel pails and provide better protection characteristics than steel pails. Because of these characteristics, plastic pails are expected to gain more demand compared to steel pails in the forecast period

Global Steel Pails Market Segment Analysis:

The report groups the Global Steel Pails Market in different segments by Type, Application, and region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on End Use, the Global Steel Pails Market is segmented into Chemicals, Coatings, Paints, Adhesives, Oil and Lubricants, Pharmaceutical and Others. The Chemicals segment was dominant in 2023 and is expected to command a market share of xx% by 2030. Because of the hazardous nature of the chemicals steel pails are used on a large scale in the chemical industries. Increased need for proper handling of chemical products is very necessary to prevent the damage of the product to be consumed till it reaches the end-user. The pharmaceutical industry is also expected to witness high growth, which has driven the growth of the Global Steel Pails because steel pails are used in the carriage of pharmaceutical compounds, ingredients, and batch products. Based on Type, the Global Steel Pails Market is segmented into Coated Steel Pails and Uncoated Steel Pails. The Coated Steel Pails segment was dominant in 2023 and is expected to command a market share of xx% by 2030. Coated Steel pails are prevented by contamination and last longer as compared to uncoated steel pails.

Global Steel Pails Market Regional Insights:

The Asia Pacific is expected to command the largest market share of xx% by 2030 The increase in the pharmaceutical, chemical, e-commerce industries, has increased the demand for Steel Pails in the region. The increase in population and urbanization have increased a huge consumer base in developing economies of APAC, like India and China, which is expected to boost the growth of the Global Steel Pails Market. In North America, the increased industrialization has increased the demand for steel pails. Steel Pails are used to ensure sufficient protection to the product. The Association for Packaging and Processing Technologies (PMMI) has stated that the amount cost to an e-commerce vendor for the damaged product is very high in North America, which has contributed to the increase in demand for the Steel Pails in the region. The objective of the report is to present a comprehensive analysis of the Global Steel Pails Market to the stakeholders in the industry. The past and current status of the industry with 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 Steel Pails Market dynamics, structure by analyzing the market segments and projects the Global Steel Pails 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 Steel Pails Market make the report investor’s guide.

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Global Steel Pails Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 2.835 Bn.
Forecast Period 2024 to 2030 CAGR: 4.30% Market Size in 2030: USD 3.807 Bn.
Segments Covered: by Type Coated Steel Pails Uncoated Steel Pails
by Application Chemicals Coatings Paints Adhesives Oil and Lubricants Pharmaceutical Others

Steel Pails Market, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Steel Pails Market, Key Players

1.BWAY Corporation 2.The Cary Company 3.Lancaster Container Inc. 4.Cleveland Steel Container Corporation 5.Great Western Containers 6.Consolidated Container Company 7.BASCO Inc. 8.Berlin Packaging LLC 9.Darco Enterprises, Inc 10.Mauser Packaging Solutions 11.RPP Containers 12.TPS Rental Systems 13.Loscam Ltd. 14.Wuhao Industry & Trade 15.Dalian CIMC Logistics Equipment 16.Buckhorn 17.Bulk Handling Australia Group 18.SBH Solutions 19.R. Arena Products 20.Finncont 21.ORBIS Corp. 22.TPS Rental Ltd. 23.TranPak Inc. 24.Brambles Group 25.Schoeller Allibert 26.Milford IBC 27.Horen Plastics 28.AIC Plastic Pallet Ltd. 29.TPS Rental Systems Ltd. 30.LOSCAM International Holdings Co., Ltd. 31.Milford IBC Pty Ltd Frequently Asked Questions: 1. Which region has the largest share in Global Steel Pails Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Steel Pails Market? Ans: The Global market is growing at a CAGR of 4.30% during forecasting period 2024-2030. 3. What is scope of the Global Steel Pails Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Steel Pails Market? Ans: The important key players in the Global market are –    BWAY Corporation, The Cary Company, Lancaster Container Inc., Cleveland Steel Container Corporation, Great Western Containers, Consolidated Container Company, BASCO Inc., Berlin Packaging LLC, Darco Enterprises, Inc, Mauser Packaging Solutions, RPP Containers, TPS Rental Systems, Loscam Ltd., Wuhao Industry & Trade, Dalian CIMC Logistics Equipment, Buckhorn, Bulk Handling Australia Group, SBH Solutions, R. Arena Products, Finncont, ORBIS Corp., TPS Rental Ltd., TranPak Inc., Brambles Group, Schoeller Allibert, Milford IBC, Horen Plastics, AIC Plastic Pallet Ltd., TPS Rental Systems Ltd., LOSCAM International Holdings Co., Ltd., Milford IBC Pty Ltd. 5. What is the study period of this market? Ans: The Global market is studied from 2023 to 2030.
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 Steel Pails 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 Steel Pails Market 3.4. Geographical Snapshot of the Steel Pails Market, By Manufacturer share 4. Global Steel Pails Market Overview, 2023-2030 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 Steel Pails Market 5. Supply Side and Demand Side Indicators 6. Global Steel Pails Market Analysis and Forecast, 2023-2030 6.1. Global Steel Pails Market Size & Y-o-Y Growth Analysis. 7. Global Steel Pails Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 7.1.1. Coated Steel Pails 7.1.2. Uncoated Steel Pails 7.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Chemicals 7.2.2. Coatings 7.2.3. Paints 7.2.4. Adhesives 7.2.5. Oil and Lubricants 7.2.6. Pharmaceutical 7.2.7. Others 8. Global Steel Pails Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 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 Steel Pails Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 9.1.1. Coated Steel Pails 9.1.2. Uncoated Steel Pails 9.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Chemicals 9.2.2. Coatings 9.2.3. Paints 9.2.4. Adhesives 9.2.5. Oil and Lubricants 9.2.6. Pharmaceutical 9.2.7. Others 10. North America Steel Pails Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Steel Pails Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Steel Pails Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Steel Pails Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Steel Pails Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Steel Pails Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 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. Steel Pails Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Steel Pails Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Steel Pails Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Steel Pails Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Steel Pails Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Steel Pails Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Steel Pails Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Steel Pails Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Steel Pails Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Steel Pails Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 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 Steel Pails Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Steel Pails Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Steel Pails Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Steel Pails Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Steel Pails Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Steel Pails Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Steel Pails Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Steel Pails Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Steel Pails Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 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 Steel Pails Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Steel Pails Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Steel Pails Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Steel Pails Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Steel Pails Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Steel Pails Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Steel Pails Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Steel Pails Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Steel Pails Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Steel Pails Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Steel Pails Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications 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. BWAY Corporation 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. The Cary Company 45.3.3. Lancaster Container Inc. 45.3.4. Cleveland Steel Container Corporation 45.3.5. Great Western Containers 45.3.6. Consolidated Container Company 45.3.7. BASCO Inc. 45.3.8. Berlin Packaging LLC 45.3.9. Darco Enterprises, Inc 45.3.10. Mauser Packaging Solutions 45.3.11. RPP Containers 45.3.12. TPS Rental Systems 45.3.13. Loscam Ltd. 45.3.14. Wuhao Industry & Trade 45.3.15. Dalian CIMC Logistics Equipment 45.3.16. Buckhorn 45.3.17. Bulk Handling Australia Group 45.3.18. SBH Solutions 45.3.19. R. Arena Products 45.3.20. Finncont 45.3.21. ORBIS Corp. 45.3.22. TPS Rental Ltd. 45.3.23. TranPak Inc. 45.3.24. Brambles Group 45.3.25. Schoeller Allibert 45.3.26. Milford IBC 45.3.27. Horen Plastics 45.3.28. AIC Plastic Pallet Ltd. 45.3.29. TPS Rental Systems Ltd. 45.3.30. LOSCAM International Holdings Co., Ltd. 45.3.31. Milford IBC Pty Ltd 46. Primary Key Insights
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