The global demand for Plastic Drums Market is presumed to reach the market size of nearly USD 5.68 Billion by 2032 from USD 3.33 Billion in 2023 with a CAGR of 6.12% under the study period 2024 - 2032. Regarding volume, the market was calculated XX Units in 2023 and forecast to touch XX Units by 2032 with a CAGR of XX% during 2024-2032.
Plastic drums are rigid or semi-rigid cylindrical containers which are generally used for shipping and storage of liquid items. Plastic drums are lighter in weight than metal drums & can be kept in open conditions without the risk of rusting. As these drums are resistant to inert low pH levels, can be used for storing hazardous chemicals and goods.
Market Dynamics
The rising demand for plastic drums from chemicals & pharmaceutical industries owing to its use in shipping and storing of fluids is propelling the market growth. Moreover, their unreactive nature with chemicals and other lubricants which are present in plastic drums is further increasing the market value. On the downside, environmental concerns regarding the use of plastics could challenge the market demand.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of plastic drums.
Market Segmentation
The study offers a decisive view of the global plastic drums market by segmenting it in terms of capacity, product type, and end-use. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Capacity Type
By Product Type
By End Use
Regional Analysis
This section covers plastic drums market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global plastic drums market along with the individual application segment across all the prominent region.
Global Plastic Drums Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Plastic Drums market are Greif Packaging LLC, CurTec Holdings B.V., Mauser Packaging Solutions, Schutz Container Systems, U.S. Coexcell Inc., Interplastica, Industrial Container Services, AST Plastic Containers, Kodama Plastics Co. Ltd., Industrial Packaging Limited, RPC Group Plc, CL Smith Company, Great Western Containers Inc., TPL Plastech Ltd., Vallero International S.r.l., Remcon Plastics Incorporation, Orlando Drum & Container Corporation, Hazmatpac Inc. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . PLASTIC DRUMS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Capacity Type
3.7.2 Market Attractiveness Analysis By Product Type
3.7.3 Market Attractiveness Analysis By End Use
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL PLASTIC DRUMS MARKET ANALYSIS BY CAPACITY TYPE
5.1 Overview by Capacity Type
5.2 Historical and Forecast Data
5.3 Analysis by Capacity Type
5.4 35 Gallon Historic and Forecast Sales by Regions
5.5 35-60 Gallon Historic and Forecast Sales by Regions
5.6 60 Gallon & Above Historic and Forecast Sales by Regions
6 . GLOBAL PLASTIC DRUMS MARKET ANALYSIS BY PRODUCT TYPE
6.1 Overview by Product Type
6.2 Historical and Forecast Data
6.3 Analysis by Product Type
6.4 Open Head Drums Historic and Forecast Sales by Regions
6.5 Tight Head Drums Historic and Forecast Sales by Regions
7 . GLOBAL PLASTIC DRUMS MARKET ANALYSIS BY END USE
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