Market Overview:
The global fibre drum packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for fibre drums from various end-use industries such as chemical industry, food & agro-allied industry, pharmaceutical industry, building & construction industry and others. In terms of type, the metal closure segment is expected to dominate the global fibre drum packaging market during the forecast period owing to its properties such as high strength and corrosion resistance. However, in terms of CAGR, the plastic closure segment is projected to grow at a higher rate than other segments during the forecast period 2018-2030.
Product Definition:
A fibre drum is a container made of paper, cardboard or plastic, designed to store and transport liquids or solids. The fibre drum was once the most common type of bulk packaging for goods shipped around the world.
Metal Closure:
Metal closure is a small metal can be used as an alternative to plastic or glass containers. Metal closures are more expensive than their plastic and glass counterparts, however, they have advantages over them in terms of recyclability and sustainability. The metal packaging industry has been growing at a steady pace on account of rising demand for the product from various application industries such as food & beverages, pharmaceuticals among others.
Plastic Closure:
Plastic closure is a part of packaging machinery and it's used to seal the end of a flexible food or fiber drum. It can be operated by hand, or in some cases, it can be automated. The most common types of plastic closures are caps & lids and closures. Plastic closure is an important aspect in the market as they protect the integrity of packaged product from external environment such as moisture, oxygen & light; therefore; it's very essential for fiber drums packaging market.
Application Insights:
The chemical industry accounted for the largest share in the global market and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for fibres in various end-use industries including construction, automotive, medical devices and packaging among others. Chemical Fibers & Packaging Ltd., one of the leading providers of fibre drums, offers customized solutions that meet specific performance requirements while offering flexibility in designating materials such as polyethylene or polypropylene depending upon customer preference.
Food & agro-allied industry application segment was valued over USD 1 billion in 2017 owing to high product demand from countries like Brazil, India and China where agriculture is an important occupation followed by pharmaceuticals which are majorly based on Europe region due to its growing food processing industry with Germany being one of its key players globally along with U.K.
Regional Analysis:
North America dominated the global market in 2017 owing to the high demand for drums from various end-use industries such as food & agro, chemical, pharmaceuticals and building & construction. The region is expected to witness moderate growth over the forecast period owing to saturation of industry participants. However, increasing R&D activities in healthcare sector are anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization and improving economic conditions in emerging countries such as China and India.
Europe was valued at USD X million in 2017 due towards rising use of packaging materials that prevent damage done by moisture or oxygenation processes associated with transport across long distances within Europe itself or from one country into another country’s territory.
Growth Factors:
- Increasing demand for lightweight and durable packaging solutions
- Rising concerns over environmental pollution and the need for sustainable packaging solutions
- Growing popularity of Fibre Drum Packaging in the food and beverage industry
- Proliferation of e-commerce and the need for safe, reliable, and tamper-proof packaging solutions
- Advances in printing technologies that allow for greater customization and branding opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
Fibre Drum Packaging Market Research Report
By Type
Metal Closure, Plastic Closure, Fiber Closure
By Application
Chemical Industry, Food & Agro-allied Industry, Pharmaceutical Industry, Building & Construction Industry, Others
By Companies
Grief, L.Smith, Schutz Container Systems, Mauser Group, TPL Plastech, Industrial Container Services, Three Rivers Packaging, Sonoco Product Company, Milford Barrel, Enviro-Pak, Orlando Drum & Container, Fibrestar Drums, Great Western Containers, Patrick J. Kelly Drums, SHRI KRISHNA PACKAGING, Fibre Drum Company, Consolidated Container Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Fibre Drum Packaging Market Report Segments:
The global Fibre Drum Packaging market is segmented on the basis of:
Types
Metal Closure, Plastic Closure, Fiber Closure
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Food & Agro-allied Industry, Pharmaceutical Industry, Building & Construction Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grief
- L.Smith
- Schutz Container Systems
- Mauser Group
- TPL Plastech
- Industrial Container Services
- Three Rivers Packaging
- Sonoco Product Company
- Milford Barrel
- Enviro-Pak
- Orlando Drum & Container
- Fibrestar Drums
- Great Western Containers
- Patrick J. Kelly Drums
- SHRI KRISHNA PACKAGING
- Fibre Drum Company
- Consolidated Container Company
Highlights of The Fibre Drum Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Closure
- Plastic Closure
- Fiber Closure
- By Application:
- Chemical Industry
- Food & Agro-allied Industry
- Pharmaceutical Industry
- Building & Construction Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fibre Drum Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fibre drum packaging is a type of packaging that uses fibres to protect products from damage during transport and storage. Fibre drum packaging is often used for food products, such as cereal, snacks, and drinks.
Some of the major companies in the fibre drum packaging market are Grief, L.Smith, Schutz Container Systems, Mauser Group, TPL Plastech, Industrial Container Services, Three Rivers Packaging, Sonoco Product Company, Milford Barrel, Enviro-Pak, Orlando Drum & Container, Fibrestar Drums, Great Western Containers, Patrick J. Kelly Drums, SHRI KRISHNA PACKAGING, Fibre Drum Company, Consolidated Container Company.
The fibre drum packaging market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fibre Drum Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fibre Drum Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fibre Drum Packaging Market - Supply Chain
4.5. Global Fibre Drum Packaging Market Forecast
4.5.1. Fibre Drum Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fibre Drum Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fibre Drum Packaging Market Absolute $ Opportunity
5. Global Fibre Drum Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fibre Drum Packaging Market Size and Volume Forecast by Type
5.3.1. Metal Closure
5.3.2. Plastic Closure
5.3.3. Fiber Closure
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fibre Drum Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fibre Drum Packaging Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food & Agro-allied Industry
6.3.3. Pharmaceutical Industry
6.3.4. Building & Construction Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fibre Drum Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fibre Drum Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fibre Drum Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fibre Drum Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fibre Drum Packaging Demand Share Forecast, 2019-2029
9. North America Fibre Drum Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fibre Drum Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fibre Drum Packaging Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food & Agro-allied Industry
9.4.3. Pharmaceutical Industry
9.4.4. Building & Construction Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fibre Drum Packaging Market Size and Volume Forecast by Type
9.7.1. Metal Closure
9.7.2. Plastic Closure
9.7.3. Fiber Closure
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fibre Drum Packaging Demand Share Forecast, 2019-2029
10. Latin America Fibre Drum Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fibre Drum Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fibre Drum Packaging Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food & Agro-allied Industry
10.4.3. Pharmaceutical Industry
10.4.4. Building & Construction Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fibre Drum Packaging Market Size and Volume Forecast by Type
10.7.1. Metal Closure
10.7.2. Plastic Closure
10.7.3. Fiber Closure
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fibre Drum Packaging Demand Share Forecast, 2019-2029
11. Europe Fibre Drum Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fibre Drum Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fibre Drum Packaging Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food & Agro-allied Industry
11.4.3. Pharmaceutical Industry
11.4.4. Building & Construction Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fibre Drum Packaging Market Size and Volume Forecast by Type
11.7.1. Metal Closure
11.7.2. Plastic Closure
11.7.3. Fiber Closure
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fibre Drum Packaging Demand Share, 2019-2029
12. Asia Pacific Fibre Drum Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fibre Drum Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fibre Drum Packaging Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food & Agro-allied Industry
12.4.3. Pharmaceutical Industry
12.4.4. Building & Construction Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fibre Drum Packaging Market Size and Volume Forecast by Type
12.7.1. Metal Closure
12.7.2. Plastic Closure
12.7.3. Fiber Closure
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fibre Drum Packaging Demand Share, 2019-2029
13. Middle East & Africa Fibre Drum Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fibre Drum Packaging Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fibre Drum Packaging Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food & Agro-allied Industry
13.4.3. Pharmaceutical Industry
13.4.4. Building & Construction Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fibre Drum Packaging Market Size and Volume Forecast by Type
13.7.1. Metal Closure
13.7.2. Plastic Closure
13.7.3. Fiber Closure
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fibre Drum Packaging Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Fibre Drum Packaging Market: Market Share Analysis
14.2. Fibre Drum Packaging Distributors and Customers
14.3. Fibre Drum Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Grief
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. L.Smith
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schutz Container Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mauser Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TPL Plastech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Industrial Container Services
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Three Rivers Packaging
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sonoco Product Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Milford Barrel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Enviro-Pak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Orlando Drum & Container
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fibrestar Drums
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Great Western Containers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Patrick J. Kelly Drums
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SHRI KRISHNA PACKAGING
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fibre Drum Company
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Consolidated Container Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook