Industrial Drums Market
PUBLISHED: 2020 ID: SMRC19221
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Industrial Drums Market

Industrial Drums - Global Market Outlook (2018-2027)

4.6 (93 reviews)
4.6 (93 reviews)
Published: 2020 ID: SMRC19221

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Industrial Drums market is growing at a CAGR of 8.4% during the forecast period. Some of the key factors propelling the market growth are mounting demand for industrial drum from petroleum lubricant industry, chemical and fertilizers. However, manufacture procedure of industrial drums is slow is the restraining factor for the growth of the market.

An industrial drum is a cylindrical hollow holder used mainly for the mass freight release. Industrial drums can be finished up with paperboard (also known as fiber drum), steel, and even plastics. These drums are particularly used for fluids and shipping powders and dangerous items.

By product type, steel drum segment is expected to grow at the significant market share during the forecast period due to more strength, high-quality protective properties, like gas barrier properties, and exceptional processing performance is expected to a positive factor in terms of wsage. Furthermore, it can be rolled into a different thickness of the sheet, foil, sheet stamping, rolling, stretching, welding made of special shapes, and sizes of the packaging container. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the wide use of industrial drums in vegetable oil and wines export. Oil exporters in the Southeast Asian region, such as Indonesia & Malaysia favor industrial drums in judgment to other packaging solutions. Industrial drums present high effectiveness and operational efficiency in the transportation of main products in liquid form.

Some of the key players in Industrial Drums Market include Balmer Lawrie and Co. Ltd, Eagle Manufacturing Company, Fibrestar Drums Ltd, Greif, Inc, Industrial Container Services, LLC,
Mauser Group B.V, Myers Container, LLC, Patrick J. Kelly Drums, Inc, Schutz Container Systems, Inc, Sicagen India Limited , The Metal Drum Company, Three Rivers Packaging, Inc, Time Technoplast Ltd , TPL Plastech Limited and U.S. Coexcell Inc .   

Product Types Covered:
• Steel Drum
• Plastic Drum
• Fiber Drum

Capacities Covered:
• 100 to 250 Liter
• 250 to 500 Liter
• Above 500 Liter
• Up to 100 Liter

End Users Covered:
• Agriculture and Horticulture
• Building & Construction
• Chemical & Fertilizers
• Food & Beverages
• Paints, Inks & Dyes
• Petroleum & Lubricants
• Pharmaceuticals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface     
   
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 End User Analysis      
 3.7 Emerging Markets      
 3.8 Impact of Covid-19      
         
4 Porters Five Force Analysis      

 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Industrial Drums Market, By Product Type    
 5.1 Introduction      
 5.2 Steel Drum      
 5.3 Plastic Drum      
 5.4 Fiber Drum      
         
6 Global Industrial Drums Market, By Capacity    
 6.1 Introduction       
 6.2 100 to 250 Liter      
 6.3 250 to 500 Liter      
 6.4 Above 500 Liter      
 6.5 Up to 100 Liter      
         
7 Global Industrial Drums Market, By End User    

 7.1 Introduction      
 7.2 Agriculture and Horticulture     
 7.3 Building & Construction     
 7.4 Chemical & Fertilizers     
 7.5 Food & Beverages      
 7.6 Paints, Inks & Dyes      
 7.7 Petroleum & Lubricants     
 7.8 Pharmaceuticals      
         
8 Global Industrial Drums Market, By Geography    
 8.1 Introduction      
 8.2 North America      
  8.2.1 US      
  8.2.2 Canada      
  8.2.3 Mexico      
 8.3 Europe       
  8.3.1 Germany      
  8.3.2 UK      
  8.3.3 Italy      
  8.3.4 France      
  8.3.5 Spain      
  8.3.6 Rest of Europe     
 8.4 Asia Pacific      
  8.4.1 Japan      
  8.4.2 China      
  8.4.3 India      
  8.4.4 Australia      
  8.4.5 New Zealand     
  8.4.6 South Korea     
  8.4.7 Rest of Asia Pacific     
 8.5 South America      
  8.5.1 Argentina     
  8.5.2 Brazil      
  8.5.3 Chile      
  8.5.4 Rest of South America    
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia     
  8.6.2 UAE      
  8.6.3 Qatar      
  8.6.4 South Africa     
  8.6.5 Rest of Middle East & Africa    
         
9 Key Developments    
   
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 9.2 Acquisitions & Mergers     
 9.3 New Product Launch     
 9.4 Expansions      
 9.5 Other Key Strategies     
         
10 Company Profiling      
 
 10.1 Balmer Lawrie and Co. Ltd     
 10.2 Eagle Manufacturing Company     
 10.3 Fibrestar Drums Ltd      
 10.4 Greif, Inc       
 10.5 Industrial Container Services, LLC    
 10.6 Mauser Group B.V      
 10.7 Myers Container, LLC     
 10.8 Patrick J. Kelly Drums, Inc     
 10.9 Schutz Container Systems, Inc     
 10.10 Sicagen India Limited     
 10.11 The Metal Drum Company     
 10.12 Three Rivers Packaging, Inc     
 10.13 Time Technoplast Ltd     
 10.14 TPL Plastech Limited     
 10.15 U.S. Coexcell Inc     


List of Tables        
1 Global Industrial Drums Market Outlook, By Region (2017-2027) ($MN)  
2 Global Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN) 
3 Global Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN) 
4 Global Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN) 
5 Global Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN) 
6 Global Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN)  
7 Global Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN) 
8 Global Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN) 
9 Global Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN) 
10 Global Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN) 
11 Global Industrial Drums Market Outlook, By End-User (2017-2027) ($MN)  
12 Global Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
13 Global Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
14 Global Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
15 Global Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN) 
16 Global Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN) 
17 Global Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
18 Global Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN) 
19 North America Industrial Drums Market Outlook, By Country (2017-2027) ($MN) 
20 North America Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN)
21 North America Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN) 
22 North America Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN)
23 North America Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN) 
24 North America Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN) 
25 North America Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN)
26 North America Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN)
27 North America Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN)
28 North America Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN)
29 North America Industrial Drums Market Outlook, By End-User (2017-2027) ($MN) 
30 North America Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
31 North America Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
32 North America Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
33 North America Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN)
34 North America Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN)
35 North America Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
36 North America Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
37 Europe Industrial Drums Market Outlook, By Country (2017-2027) ($MN)  
38 Europe Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN) 
39 Europe Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN) 
40 Europe Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN) 
41 Europe Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN) 
42 Europe Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN)  
43 Europe Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN) 
44 Europe Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN) 
45 Europe Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN) 
46 Europe Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN) 
47 Europe Industrial Drums Market Outlook, By End-User (2017-2027) ($MN) 
48 Europe Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
49 Europe Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
50 Europe Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
51 Europe Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN) 
52 Europe Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN) 
53 Europe Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
54 Europe Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN) 
55 Asia Pacific Industrial Drums Market Outlook, By Country (2017-2027) ($MN) 
56 Asia Pacific Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN) 
57 Asia Pacific Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN) 
58 Asia Pacific Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN) 
59 Asia Pacific Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN) 
60 Asia Pacific Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN) 
61 Asia Pacific Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN) 
62 Asia Pacific Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN) 
63 Asia Pacific Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN)
64 Asia Pacific Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN) 
65 Asia Pacific Industrial Drums Market Outlook, By End-User (2017-2027) ($MN) 
66 Asia Pacific Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
67 Asia Pacific Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
68 Asia Pacific Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
69 Asia Pacific Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN)
70 Asia Pacific Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN)
71 Asia Pacific Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
72 Asia Pacific Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
73 South America Industrial Drums Market Outlook, By Country (2017-2027) ($MN) 
74 South America Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN)
75 South America Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN) 
76 South America Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN)
77 South America Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN) 
78 South America Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN) 
79 South America Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN)
80 South America Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN)
81 South America Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN)
82 South America Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN)
83 South America Industrial Drums Market Outlook, By End-User (2017-2027) ($MN) 
84 South America Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
85 South America Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
86 South America Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
87 South America Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN)
88 South America Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN)
89 South America Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
90 South America Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
91 Middle East & Africa Industrial Drums Market Outlook, By Country (2017-2027) ($MN)
92 Middle East & Africa Industrial Drums Market Outlook, By Product Type (2017-2027) ($MN)
93 Middle East & Africa Industrial Drums Market Outlook, By Steel Drum (2017-2027) ($MN)
94 Middle East & Africa Industrial Drums Market Outlook, By Plastic Drum (2017-2027) ($MN)
95 Middle East & Africa Industrial Drums Market Outlook, By Fiber Drum (2017-2027) ($MN)
96 Middle East & Africa Industrial Drums Market Outlook, By Capacity (2017-2027) ($MN)
97 Middle East & Africa Industrial Drums Market Outlook, By 100 to 250 Liter (2017-2027) ($MN)
98 Middle East & Africa Industrial Drums Market Outlook, By 250 to 500 Liter (2017-2027) ($MN)
99 Middle East & Africa Industrial Drums Market Outlook, By Above 500 Liter (2017-2027) ($MN)
100 Middle East & Africa Industrial Drums Market Outlook, By Up to 100 Liter (2017-2027) ($MN)
101 Middle East & Africa Industrial Drums Market Outlook, By End-User (2017-2027) ($MN)
102 Middle East & Africa Industrial Drums Market Outlook, By Agriculture and Horticulture (2017-2027) ($MN)
103 Middle East & Africa Industrial Drums Market Outlook, By Building & Construction (2017-2027) ($MN)
104 Middle East & Africa Industrial Drums Market Outlook, By Chemical & Fertilizers (2017-2027) ($MN)
105 Middle East & Africa Industrial Drums Market Outlook, By Food & Beverages (2017-2027) ($MN)
106 Middle East & Africa Industrial Drums Market Outlook, By Paints, Inks & Dyes (2017-2027) ($MN)
107 Middle East & Africa Industrial Drums Market Outlook, By Petroleum & Lubricants (2017-2027) ($MN)
108 Middle East & Africa Industrial Drums Market Outlook, By Pharmaceuticals (2017-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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