Market Overview:
The global rice barrels 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 rice globally, coupled with the rising awareness about hygiene and food safety. In terms of type, stainless steel rice barrels are expected to dominate the market during the forecast period, owing to their durability and resistance against corrosion. By application, household segment is anticipated to lead the market due in part to an increase in disposable income levels across regions.
Product Definition:
A rice barrel is a unit of measurement for rice, equivalent to 60 kilograms.
Stainless Steel Rice Barrels:
Stainless steel rice barrels have been used in the fermentation of wine, beer and spirits. The primary function of a stainless steel rice barrel is to provide an inert environment for the fermentation process. Stainless steel is considered as one of the best materials for brewing due to its characteristics such as corrosion resistance, no flavor or odor after use and easy cleaning. These are mainly used by large breweries that have multiple facilities where different types of beers are brewed on a daily basis.
Plastic Steel Rice Barrels:
Plastic steel rice barrels are used for the transportation of liquid products such as oil, wine, chemicals and others. They are made up of high-density polyethylene (HDPE) or polypropylene (PP). The material is highly resistant to abrasion and offers excellent impact strength. It can be used in both storage and shipping applications.
Application Insights:
Commercial application segment accounted for the largest share of over 70.0% in 2017. The segment is expected to witness significant growth on account of rising demand from food processing industries, restaurants and hotels, and other commercial sectors such as healthcare and cosmetics. Increasing number of restaurants & hotels in countries like China, India, Thailand owing to growing tourism industry will drive the product demand further driving the global rice barrel market growth during the forecast period.
Household application is projected to be fastest-growing segment with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income among consumers especially in emerging markets including China India Indonesia Japan Malaysia Philippines Singapore South Korea Sri Lanka and Thailand which can be used for purchasing cooking equipment & supplies including stainless steel cookware sets along with an electric cooker which drives upmarket spending thereby augmenting market growth during forecast years.
Regional Analysis:
Asia Pacific dominated the global rice barrels market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global rice production, which has led to a high demand for storage and preservation of this product. Furthermore, increasing population coupled with rising consumer purchasing power in countries such as China and India have contributed significantly towards industry growth.
The Asia Pacific regional market includes major economies such as China, India, Indonesia, Philippines among others that are anticipated to drive industry growth over the next eight years.
Growth Factors:
- Increasing demand for rice from the developing countries due to population growth and changing dietary habits.
- Growing popularity of barrel aged beers, which use oak barrels or other large containers to impart complex flavors that cannot be achieved through other aging methods.
- The increasing trend of craft beer production, which often uses used whiskey or wine barrels for aging purposes.
- The increasing demand from the food and beverage industry for storage and transportation of various products such as fruits, vegetables, meat, dairy products etc., in bulk quantities using rice barrels..
Scope Of The Report
Report Attributes
Report Details
Report Title
Rice Barrels Market Research Report
By Type
Stainless Steel Rice Barrels, Plastic Steel Rice Barrels, Plastic Rice Buckets, Wooden Rice Barrels, Ceramic Rice Barrels
By Application
Household, Commercial
By Companies
Bestco, PEARL METAL, Iwasaki Industry, Addis, ASVEL, Keeeper, Rotho, Nostalgic Art
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Rice Barrels Market Report Segments:
The global Rice Barrels market is segmented on the basis of:
Types
Stainless Steel Rice Barrels, Plastic Steel Rice Barrels, Plastic Rice Buckets, Wooden Rice Barrels, Ceramic Rice Barrels
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
Household, Commercial
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:
- Bestco
- PEARL METAL
- Iwasaki Industry
- Addis
- ASVEL
- Keeeper
- Rotho
- Nostalgic Art
Highlights of The Rice Barrels 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:
- Stainless Steel Rice Barrels
- Plastic Steel Rice Barrels
- Plastic Rice Buckets
- Wooden Rice Barrels
- Ceramic Rice Barrels
- By Application:
- Household
- Commercial
- 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 Rice Barrels 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?
Rice Barrels are used to store rice.
Some of the key players operating in the rice barrels market are Bestco, PEARL METAL, Iwasaki Industry, Addis, ASVEL, Keeeper, Rotho, Nostalgic Art.
The rice barrels 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. Rice Barrels 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. Rice Barrels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rice Barrels Market - Supply Chain
4.5. Global Rice Barrels Market Forecast
4.5.1. Rice Barrels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rice Barrels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rice Barrels Market Absolute $ Opportunity
5. Global Rice Barrels 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. Rice Barrels Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Rice Barrels
5.3.2. Plastic Steel Rice Barrels
5.3.3. Plastic Rice Buckets
5.3.4. Wooden Rice Barrels
5.3.5. Ceramic Rice Barrels
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rice Barrels 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. Rice Barrels Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rice Barrels 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. Rice Barrels 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 Rice Barrels 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. Rice Barrels 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 Rice Barrels Demand Share Forecast, 2019-2026
9. North America Rice Barrels 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 Rice Barrels 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 Rice Barrels Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rice Barrels Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Rice Barrels
9.7.2. Plastic Steel Rice Barrels
9.7.3. Plastic Rice Buckets
9.7.4. Wooden Rice Barrels
9.7.5. Ceramic Rice Barrels
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 Rice Barrels Demand Share Forecast, 2019-2026
10. Latin America Rice Barrels 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 Rice Barrels 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 Rice Barrels Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rice Barrels Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Rice Barrels
10.7.2. Plastic Steel Rice Barrels
10.7.3. Plastic Rice Buckets
10.7.4. Wooden Rice Barrels
10.7.5. Ceramic Rice Barrels
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 Rice Barrels Demand Share Forecast, 2019-2026
11. Europe Rice Barrels 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 Rice Barrels 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 Rice Barrels Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rice Barrels Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Rice Barrels
11.7.2. Plastic Steel Rice Barrels
11.7.3. Plastic Rice Buckets
11.7.4. Wooden Rice Barrels
11.7.5. Ceramic Rice Barrels
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 Rice Barrels Demand Share, 2019-2026
12. Asia Pacific Rice Barrels 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 Rice Barrels 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 Rice Barrels Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rice Barrels Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Rice Barrels
12.7.2. Plastic Steel Rice Barrels
12.7.3. Plastic Rice Buckets
12.7.4. Wooden Rice Barrels
12.7.5. Ceramic Rice Barrels
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 Rice Barrels Demand Share, 2019-2026
13. Middle East & Africa Rice Barrels 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 Rice Barrels 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 Rice Barrels Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rice Barrels Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Rice Barrels
13.7.2. Plastic Steel Rice Barrels
13.7.3. Plastic Rice Buckets
13.7.4. Wooden Rice Barrels
13.7.5. Ceramic Rice Barrels
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 Rice Barrels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rice Barrels Market: Market Share Analysis
14.2. Rice Barrels Distributors and Customers
14.3. Rice Barrels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bestco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PEARL METAL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Iwasaki Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Addis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ASVEL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Keeeper
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rotho
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nostalgic Art
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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
