Market Overview:
The global industrial drums market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for plastic drums, rising awareness about safety and environmental concerns, and growing demand for industrial drums in Asia Pacific. Based on product type, the global industrial drums market is segmented into steel drum, plastic drum, fibre drum, and others (including stainless steel drum and aluminium drum). The steel drum segment is expected to dominate the global industrial drums market during the forecast period owing to its properties such as high strength-to-weight ratio and corrosion resistance. However, the plastic Drum segment is projected to grow at a higher CAGR than other segments during the forecast period due to its properties such as lightweight nature and recyclability. Based on capacity, the global industrial drums market is divided into up 100 litre capacity group; 100-250 litre capacity group; 250-500 litre capacity group; 500 litres or more capacity group segments respectively. Among these groupsings Up 100 Litres Capacity Group held maximum share in 2017 & it will continue through 2030 with same trend because of their low price range comparatively other three groupsings products available in Market .
Product Definition:
A drums used in a factory or other industrial setting. They are usually made of metal and are used to store or move liquids, powders, or other materials.
By Product Type:
By product type, it's usage and growth factor in the industrial drums market is classified into two types: Standard Drums and Specialty Drums. The standard drums are further segmented into two types: Steel Drums and Plastic/Recycled Drums. The steel type accounted for the largest share of global demand owing to its widespread use across various industries including construction, automotive & transportation, oil & gas chemicals manufacturing among others.
Steel Drum:
Steel drum is a cylindrical container made from steel. It is primarily used for the transportation of liquid products such as slurry, chemicals, and powders in the manufacturing industries. The product also finds application in bulk storage applications across various end-use industries including food & beverage and mining among others.
The global steel drum.
Application Insights:
The global demand for industrial drums has witnessed a paradigm shift due to the changing dynamics of the industry. The chemical and fertilizers segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period owing to its rapid growth in developing regions such as Asia Pacific, Africa, and Middle East.
The pharmaceuticals application segment is also expected to witness significant growth over the coming years owing to increasing product demand for packaging drugs worldwide. The food & beverage application segment was valued at USD 536 million in 2017 on account of rising product consumption for packaging various products including beverages, dairy products, snacks & cereals among others globally.
Petroleum & lubricants are widely used industrial drums across all major industries globally as they offer ease in handling bulk quantities along with improved durability.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are rapidly expanding their manufacturing sector owing to increasing demand from domestic consumers as well as foreign investors.
China has emerged as a major manufacturing hub for consumer goods such as clothing and footwear; automotive products; electronic components; food & beverages such as beer and confectionery items; pharmaceuticals like medicines and vaccines among others. In addition, rising investments by various multinational companies in developing facilities across China are anticipated to fuel product demand over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of using industrial drums among small-scale businesses
- Growing popularity of eco-friendly industrial drums made from biodegradable materials
- Proliferation of online marketplaces that offer a wide range of industrial drums at competitive prices
- Development of innovative products such as smart industrial drums with sensors and tracking devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Drums Market Research Report
By Type
By Product Type, Steel Drum, Plastic Drum, Fibre Drum, By Capacity, Up to 100 Litre, 100 to 250 Litre, 250 to 500 Litre, Above 500 Litre
By Application
Chemical & Fertilisers, Petroleum & Lubricants, Building & Construction, Food & Beverages, Pharmaceuticals, Others
By Companies
Greif, Inc., Mauser Group B.V., Industrial Container Services, LLC, Schutz Container Systems, Inc., Sicagen India Limited, Eagle Manufacturing Company, Myers Container, LLC, Time Technoplast Ltd, Balmer Lawrie & Co. Ltd., TPL Plastech Limited, U.S. Coexcell Inc., The Metal Drum Company, Three Rivers Packaging, Inc., Patrick J. Kelly Drums, Inc., Fibrestar Drums Ltd., Great Western Containers Inc., Orlando Drum & Container Corporation, A W Stokes & Son (Drums) Ltd., Peninsula Drums Cc, Muller AG Verpackungen
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 Industrial Drums Market Report Segments:
The global Industrial Drums market is segmented on the basis of:
Types
By Product Type, Steel Drum, Plastic Drum, Fibre Drum, By Capacity, Up to 100 Litre, 100 to 250 Litre, 250 to 500 Litre, Above 500 Litre
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 & Fertilisers, Petroleum & Lubricants, Building & Construction, Food & Beverages, Pharmaceuticals, 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:
- Greif, Inc.
- Mauser Group B.V.
- Industrial Container Services, LLC
- Schutz Container Systems, Inc.
- Sicagen India Limited
- Eagle Manufacturing Company
- Myers Container, LLC
- Time Technoplast Ltd
- Balmer Lawrie & Co. Ltd.
- TPL Plastech Limited
- U.S. Coexcell Inc.
- The Metal Drum Company
- Three Rivers Packaging, Inc.
- Patrick J. Kelly Drums, Inc.
- Fibrestar Drums Ltd.
- Great Western Containers Inc.
- Orlando Drum & Container Corporation
- A W Stokes & Son (Drums) Ltd.
- Peninsula Drums Cc
- Muller AG Verpackungen
Highlights of The Industrial Drums 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:
- By Product Type
- Steel Drum
- Plastic Drum
- Fibre Drum
- By Capacity
- Up to 100 Litre
- 100 to 250 Litre
- 250 to 500 Litre
- Above 500 Litre
- By Application:
- Chemical & Fertilisers
- Petroleum & Lubricants
- Building & Construction
- Food & Beverages
- Pharmaceuticals
- 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 Industrial Drums 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?
Industrial drums are drums that are used in industrial settings. They can be used for a variety of purposes, such as to produce sound or to store liquids.
Some of the major players in the industrial drums market are Greif, Inc., Mauser Group B.V., Industrial Container Services, LLC, Schutz Container Systems, Inc., Sicagen India Limited, Eagle Manufacturing Company, Myers Container, LLC, Time Technoplast Ltd, Balmer Lawrie & Co. Ltd., TPL Plastech Limited, U.S. Coexcell Inc., The Metal Drum Company, Three Rivers Packaging, Inc., Patrick J. Kelly Drums, Inc., Fibrestar Drums Ltd., Great Western Containers Inc., Orlando Drum & Container Corporation, A W Stokes & Son (Drums) Ltd., Peninsula Drums Cc, Muller AG Verpackungen.
The industrial drums 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. Industrial Drums 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. Industrial Drums Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Drums Market - Supply Chain
4.5. Global Industrial Drums Market Forecast
4.5.1. Industrial Drums Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Drums Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Drums Market Absolute $ Opportunity
5. Global Industrial Drums 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. Industrial Drums Market Size and Volume Forecast by Type
5.3.1. By Product Type
5.3.2. Steel Drum
5.3.3. Plastic Drum
5.3.4. Fibre Drum
5.3.5. By Capacity
5.3.6. Up to 100 Litre
5.3.7. 100 to 250 Litre
5.3.8. 250 to 500 Litre
5.3.9. Above 500 Litre
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Drums 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. Industrial Drums Market Size and Volume Forecast by Application
6.3.1. Chemical & Fertilisers
6.3.2. Petroleum & Lubricants
6.3.3. Building & Construction
6.3.4. Food & Beverages
6.3.5. Pharmaceuticals
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Drums 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. Industrial Drums 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 Industrial Drums 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. Industrial Drums 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 Industrial Drums Demand Share Forecast, 2019-2029
9. North America Industrial Drums 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 Industrial Drums 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 Industrial Drums Market Size and Volume Forecast by Application
9.4.1. Chemical & Fertilisers
9.4.2. Petroleum & Lubricants
9.4.3. Building & Construction
9.4.4. Food & Beverages
9.4.5. Pharmaceuticals
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Drums Market Size and Volume Forecast by Type
9.7.1. By Product Type
9.7.2. Steel Drum
9.7.3. Plastic Drum
9.7.4. Fibre Drum
9.7.5. By Capacity
9.7.6. Up to 100 Litre
9.7.7. 100 to 250 Litre
9.7.8. 250 to 500 Litre
9.7.9. Above 500 Litre
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 Industrial Drums Demand Share Forecast, 2019-2029
10. Latin America Industrial Drums 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 Industrial Drums 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 Industrial Drums Market Size and Volume Forecast by Application
10.4.1. Chemical & Fertilisers
10.4.2. Petroleum & Lubricants
10.4.3. Building & Construction
10.4.4. Food & Beverages
10.4.5. Pharmaceuticals
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Drums Market Size and Volume Forecast by Type
10.7.1. By Product Type
10.7.2. Steel Drum
10.7.3. Plastic Drum
10.7.4. Fibre Drum
10.7.5. By Capacity
10.7.6. Up to 100 Litre
10.7.7. 100 to 250 Litre
10.7.8. 250 to 500 Litre
10.7.9. Above 500 Litre
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 Industrial Drums Demand Share Forecast, 2019-2029
11. Europe Industrial Drums 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 Industrial Drums 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 Industrial Drums Market Size and Volume Forecast by Application
11.4.1. Chemical & Fertilisers
11.4.2. Petroleum & Lubricants
11.4.3. Building & Construction
11.4.4. Food & Beverages
11.4.5. Pharmaceuticals
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Drums Market Size and Volume Forecast by Type
11.7.1. By Product Type
11.7.2. Steel Drum
11.7.3. Plastic Drum
11.7.4. Fibre Drum
11.7.5. By Capacity
11.7.6. Up to 100 Litre
11.7.7. 100 to 250 Litre
11.7.8. 250 to 500 Litre
11.7.9. Above 500 Litre
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 Industrial Drums Demand Share, 2019-2029
12. Asia Pacific Industrial Drums 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 Industrial Drums 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 Industrial Drums Market Size and Volume Forecast by Application
12.4.1. Chemical & Fertilisers
12.4.2. Petroleum & Lubricants
12.4.3. Building & Construction
12.4.4. Food & Beverages
12.4.5. Pharmaceuticals
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Drums Market Size and Volume Forecast by Type
12.7.1. By Product Type
12.7.2. Steel Drum
12.7.3. Plastic Drum
12.7.4. Fibre Drum
12.7.5. By Capacity
12.7.6. Up to 100 Litre
12.7.7. 100 to 250 Litre
12.7.8. 250 to 500 Litre
12.7.9. Above 500 Litre
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 Industrial Drums Demand Share, 2019-2029
13. Middle East & Africa Industrial Drums 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 Industrial Drums 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 Industrial Drums Market Size and Volume Forecast by Application
13.4.1. Chemical & Fertilisers
13.4.2. Petroleum & Lubricants
13.4.3. Building & Construction
13.4.4. Food & Beverages
13.4.5. Pharmaceuticals
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Drums Market Size and Volume Forecast by Type
13.7.1. By Product Type
13.7.2. Steel Drum
13.7.3. Plastic Drum
13.7.4. Fibre Drum
13.7.5. By Capacity
13.7.6. Up to 100 Litre
13.7.7. 100 to 250 Litre
13.7.8. 250 to 500 Litre
13.7.9. Above 500 Litre
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 Industrial Drums Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Drums Market: Market Share Analysis
14.2. Industrial Drums Distributors and Customers
14.3. Industrial Drums Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Greif, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mauser Group B.V.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Industrial Container Services, LLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schutz Container Systems, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sicagen India Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eagle Manufacturing Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Myers Container, LLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Time Technoplast Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Balmer Lawrie & Co. Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TPL Plastech Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. U.S. Coexcell Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. The Metal Drum Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Three Rivers Packaging, Inc.
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, Inc.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fibrestar Drums Ltd.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Great Western Containers Inc.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Orlando Drum & Container Corporation
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
&