Metal Drums Market - Global Industry Analysis, Size, Share, Growth, Trend and Forecast 2018 - 2028


Transparency Market Research

$ 5795

Metal Drums: An Overview

A rise in demand for chemicals & petroleum lubricants from varied end-use industries with a mounting focus on strengthening the supply chain capability is expected to drive the need for industrial metal drums. Metal drums are anticipated to be the most common form of liquid, semi-liquids (solvents) and powder packaging. Manufacturers across the globe are siting increase in demand for cost-economical yet exceedingly efficient solutions to overcome the bulk packaging challenges. Hence, several industrial rigid packaging companies concentrate on expanding their product range to cater budding demands from numerous end-use industries.

Metal drums market: Dynamics

Developing economies such as India & China are likely to witness very minimal sign of economic slow-down compared to Western economies. Booming economy owing to growth in the industrial sector, in this APAC region is projected to channelize the warehousing as well as logistics sector thereby generating the demand of rigid heavy duty metal drums.

Key developments & Trends

The established market players that currently operate in the industrial packaging market are out to acquire or collaborate with local/regional players in order to expand its market presence and gain significant market share.

For instance:

  • In March 2018, MAUSER USA, LLC acquired manufacturing facilities of Atlanta based MaschioPack North America LLC. This acquisition offers MAUSER an opportunity to expand its footprint in North America, with supply of additional manufacturing backing for its reconditioning affiliate, National Container Group (NCG). 

Global metal drums market: Research methodology

A robust methodology was used to arrive at the market size of metal drums. Both supply-side and demand side analysis were performed.

Supply-side analysis

The key manufacturers of metal drums were identified, and their revenues were tracked with the help of primary interviews and paid databases such as Factiva, Avention, and Morningstar, among others. The revenue generated by the sale of industrial packaging segment was carefully tracked for each company, from which, the revenue generation from the sale of metal drums was mapped. The production capacity of each key player was tracked. Based on the data, a tier analysis was performed to classify the companies under different revenue categories.

Demand-side analysis

The demand for industrial metal drums was carefully tracked. The data was split among various end use industries and applications for metal drums to arrive at the demand. Various sources were cited to validate the numbers obtained, industry experts (sales and business heads of key companies, paid interviews with independent packaging consultants, etc.) were contacted, along with extensive desk research.

Global Metal drums Market: Segmentation

The global metal drums market has been segmented as follows –

On the basis of capacity of drums, the global metal drums market has been segmented as –

  • Less than 10-gallon drums
  • Ranging between 10-gallon to 20-gallon
  • Ranging between 20-gallon to 30-gallon
  • Ranging between 30-gallon to 50-gallon
  • Ranging between 50-gallon to 70-gallon
  • Ranging between 70-gallon to 100-gallon
  • Above 100-gallon drums 

On the basis of product type, the global metal drums market has been segmented as –

  • Stainless steel drums
  • Cold rolled steel drums
  • Hot rolled steel drums
  • Galvanized iron drums
  • Tin plate coil drums
  • Others 

On the basis of applications, the global metal drums market has been segmented as –

  • Food & Beverages
  • Chemicals & Pharmaceuticals
  • Food & Beverage
  • Paints, Inks & Dyes
  • Building & Construction
  • Plastics & Rubber
  • Agriculture and Horticulture
  • Oil & Lubricants
  • Other Industrial applications

On the basis of region, the global metal drums market is segmented as –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa
  • Japan

North America an established market with significant volumetric transactions of industrial goods, is estimated to lead the charge in the global metal drums market, with Asia-Pacific likely to follow its foot steps.

Global metal drums market: Key players

Few of the leading players operating in the global metal drums market are –

  • Mauser Group B.V.
  • Balmer Lawrie & Co. Ltd.
  • Greif, Inc.
  • Clouds Drums L.L.C.
  • Metal Drum Company Limited(THE).
  • Con-Tech International Inc.
  • Eagle Manufacturing Company.
  • Richmond Machine Company.
  • Kaplan Container Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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