Steel Drums Market by Material Type Cold rolled steel, Stainless steel and Carbon steel , Capacity Up to 10 Gallons, 10-30 Gallons, 30- 50 Gallons, 50-80 Gallons and 80 above Gallons Head Type Tight Head and Open Head , and End User Health and Pharmaceuticals, Paint and Dyes, Building and Construction, Food and Beverages, Oils and Lubricants, Chemicals and Solvents, Agriculture and Others – Global Industry Analysis and Forecast to 2025
Industry Outlook and Trend Analysis
As steel is one of the most durable and reliable metals when it comes to production of industrial products and packaging containers. Steel drums are used in order to pack liquids, semi liquids, semi solids and powders as well; these drums are known to be efficient in any kind of work conditions, temperatures, humidity as well as pressure or movement, while the contents of the drums play a major role. The market has been gaining a significant demand in the recent years.
Drivers and Restraints
The steel drums Market has been gaining major demands due to factors like increase in the packaging industry all over the world, need to establish new innovations and more durable options like steel of packaging different textures of consumer goods, recently packaging plays a vital role in gaining consumers as well revenues. The only factor that harms the market growth is the fact that steel can be an expensive raw material also consume a large part of the production budget
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Regional Insights
The market is ruled by North America due to the large consumption and demand for packaged goods and food item, the Asian region is believed to grow the most owing to the development and increasing industrialization all over the continent.
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
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China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Greif, Inc.
Rahway Steel Drum Co Inc.
Skolnik Industries Inc.
Clouds Drums Dubai LLC
Chicago Steel Container Corp.
Industrial Container Services, Inc.
Mauser Group B.V.
North Coast Container Corp.
General Steel Drum LLC
Metal Drum Co Ltd
James G Carrick and Co Ltd
Izvar Ambalaj Sanayi VE Ticaret AS
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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