Market Overview:
The global steel pails market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coated steel pails and uncoated steel pails from various end-use industries, such as chemicals, coatings, paints, adhesives, oil & lubricants, pharmaceuticals and others. In terms of region, North America is expected to lead the global steel pails market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A steel pail is a container typically made from steel that is used to hold liquids or other objects. Steel pails are often used in industrial settings, as they are durable and can hold a large amount of material.
Coated Steel Pails:
Coated steel pails are used for the packaging of various products such as paints, thinner, adhesives and sealants. The coated steel pail is made from high-quality material that offers excellent protection to the product placed inside it. Coated steel pails offer a long shelf life to the products due to which they are extensively used in industries such as construction chemicals and industrial goods where these products have a longer shelf life than consumer goods.
Uncoated Steel Pails:
Uncoated steel pails are made from high-quality materials and meet all the industry standards. These products have a uniform thickness throughout, which results in even distribution of weight on the bottom of the pail. The product is available with or without welded handles for ease of use depending upon end-use applications.
The product can be used to store various dry goods including grains, seeds, pet food & treats, coal/lumber/shale oil.
Application Insights:
The other application segment includes food & beverages, pharmaceuticals, paints and coatings, adhesives and elastomers. The steel pails under the paints and coating segment are expected to have the highest demand in the forthcoming years. Steel is one of the key materials used in paint manufacturing as it provides good thermal conductivity which helps heat or cool liquids efficiently. Moreover, it does not rust easily which makes it a suitable material for use in paint pail applications.
Paints & coatings are widely used across various industries such as construction and automotive to protect metal surfaces from corrosion or oxidation caused by exposure to oxygen or water molecules respectively.
Regional Analysis:
Asia Pacific dominated the global steel pails market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.1% in 2017, which can be attributed to increasing construction spending along with rising industrial production in China and India. In addition, growing automotive production mainly in China, Japan and South Korea coupled with high product demand from various end-use industries is anticipated to drive growth over the forecast period.
The coatings industry has witnessed significant growth since past few years on account of rapid expansion of manufacturing facilities by major companies including PPG Industries Inc., BASF SE, Sherwin-Williams Co., etc. Growing infrastructure activities coupled with rising investments by governments particularly in developing countries such as India are likely to promote product demand from construction sector which will further propel market growth during the projected time frame.
Europe was estimated as second largest regional segment followed by North America owing to presence of prominent manufacturers operating across Germany, France and U.
Growth Factors:
- Increasing demand from end-use industries such as food and beverages, chemicals, and paints and coatings.
- Growing popularity of steel pails in developing countries due to their low cost and durability.
- Rising demand for customized steel pails to meet specific requirements of end-use industries.
- Technological advancements that have led to the development of new types of steel pails with enhanced features and properties.
- Growing environmental awareness among consumers that is resulting in the increased use of recyclable steel pails
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Pails Market Research Report
By Type
Coated Steel Pails, Uncoated Steel Pails
By Application
Chemicals, Coatings, Paints, Adhesives, Oil & Lubricants, Pharmaceutical, Other
By Companies
Mauser Packaging Solutions, Cleveland Steel Container Corporation, Great Western Containers, Lancaster Container, Inc
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Steel Pails Market Report Segments:
The global Steel Pails market is segmented on the basis of:
Types
Coated Steel Pails, Uncoated Steel Pails
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
Chemicals, Coatings, Paints, Adhesives, Oil & Lubricants, Pharmaceutical, Other
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:
- Mauser Packaging Solutions
- Cleveland Steel Container Corporation
- Great Western Containers
- Lancaster Container, Inc
Highlights of The Steel Pails 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:
- Coated Steel Pails
- Uncoated Steel Pails
- By Application:
- Chemicals
- Coatings
- Paints
- Adhesives
- Oil & Lubricants
- Pharmaceutical
- Other
- 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 Steel Pails 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?
Steel pails are used to collect rain water. They have a spout at the top that allows water to flow out easily.
Some of the major companies in the steel pails market are Mauser Packaging Solutions, Cleveland Steel Container Corporation, Great Western Containers, Lancaster Container, Inc.
The steel pails market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steel Pails Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Steel Pails Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel Pails Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Steel Pails Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Steel Pails Market Size & Forecast, 2020-2028
4.5.1 Steel Pails Market Size and Y-o-Y Growth
4.5.2 Steel Pails Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Coated Steel Pails
5.2.2 Uncoated Steel Pails
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemicals
6.2.2 Coatings
6.2.3 Paints
6.2.4 Adhesives
6.2.5 Oil & Lubricants
6.2.6 Pharmaceutical
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Pails Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Steel Pails Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Coated Steel Pails
9.6.2 Uncoated Steel Pails
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemicals
9.10.2 Coatings
9.10.3 Paints
9.10.4 Adhesives
9.10.5 Oil & Lubricants
9.10.6 Pharmaceutical
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Coated Steel Pails
10.6.2 Uncoated Steel Pails
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemicals
10.10.2 Coatings
10.10.3 Paints
10.10.4 Adhesives
10.10.5 Oil & Lubricants
10.10.6 Pharmaceutical
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Coated Steel Pails
11.6.2 Uncoated Steel Pails
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemicals
11.10.2 Coatings
11.10.3 Paints
11.10.4 Adhesives
11.10.5 Oil & Lubricants
11.10.6 Pharmaceutical
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Coated Steel Pails
12.6.2 Uncoated Steel Pails
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemicals
12.10.2 Coatings
12.10.3 Paints
12.10.4 Adhesives
12.10.5 Oil & Lubricants
12.10.6 Pharmaceutical
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Coated Steel Pails
13.6.2 Uncoated Steel Pails
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemicals
13.10.2 Coatings
13.10.3 Paints
13.10.4 Adhesives
13.10.5 Oil & Lubricants
13.10.6 Pharmaceutical
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Steel Pails Market: Competitive Dashboard
14.2 Global Steel Pails Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mauser Packaging Solutions
14.3.2 Cleveland Steel Container Corporation
14.3.3 Great Western Containers
14.3.4 Lancaster Container, Inc
