INDUSTRIAL DRUM Market Size, Share, Growth, Segment, Trends, Developing Technologies, Investment Opp
Author : Ashwini Sute | Published On : 26 Dec 2023
Due to high demand and the value of market research for the success of different sectors, INDUSTRIAL DRUM market research report is built that cover many work areas. The report has been designed in such a way that it provides very evident understanding of the business environment and ABC industry. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. With the proper utilization of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis, INDUSTRIAL DRUM market report has been structured.
The large-scale INDUSTRIAL DRUM market survey report delivers the list of leading competitors and provides the insights into strategic industry analysis of the key factors influencing the ABC industry. This market research report covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, and major applications. The report provides data on patterns and improvements, and target business sectors and materials, limits and advancements. While formulating an excellent INDUSTRIAL DRUM market research report, the key attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
Data Bridge Market Research analyses that the global industrial drum market which was USD 11.72 billion in 2022, is expected to reach USD 22.26 billion by 2030, and is expected to undergo a CAGR of 7.7% during the forecast period of 2023 to 2030. “Steel drum” dominates the type segment of the global industrial drum market as they offer excellent durability, strength, and reusability, making them suitable for a wide range of industries, including chemicals, petroleum, and construction.
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Driver:
Increasing Emphasis on Sustainability and Environmental Awareness
Rising environmental consciousness has prompted a shift towards sustainable packaging solutions. Industrial drums made from materials such as steel and plastic are favored for their durability and recyclability, aligning with eco-friendly initiatives.
Rising Diverse Industry Applications
Industrial drums find application across a wide spectrum of industries, including chemicals, food and beverages, pharmaceuticals, construction, and more. Their versatility and adaptability ensure a consistent and diverse demand.
Some key players mentioned in the report are:
Greif (U.S.), TPL Plastech Ltd. (India), Balmer Lawrie and Co. Ltd (India), Time Technoplast Ltd (India)., Sicagen (India)., BWAY Corporation (U.S.), Schütz GmbH and Co. KGaA. (Germany), Eagle Manufacturing Company (U.S.), 3M (U.S), Orora Packaging Australia Pty Ltd (Australia), Industrial Container Services, (U.S.), Chicago Steel Container Corporation (U.S.), U.S. COEXCELL Inc (U.S.), NORTH COAST CONTAINER LLC. (U.S.), Rahway Steel Drum Company (U.S.), and General Steel Drum LLC (U.S)
Key Insights that Study is going to provide:
- The 360-degree Industrial Drum overview based on a global and regional level
- Market Share & Sales Revenue by Key Players & Emerging Regional Players
- A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
- May vary depending upon availability and feasibility of data with respect to Industry targeted
- Patent Analysis** No of patents / Trademark filed in recent years.
- A complete and useful guide for new market aspirants
- Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
- Various Industrial Drum industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
Greif (U.S.), TPL Plastech Ltd. (India), Balmer Lawrie and Co. Ltd (India), Time Technoplast Ltd (India)., Sicagen (India)., BWAY Corporation (U.S.), Schütz GmbH and Co. KGaA. (Germany), Eagle Manufacturing Company (U.S.), 3M (U.S), Orora Packaging Australia Pty Ltd (Australia), Industrial Container Services, (U.S.), Chicago Steel Container Corporation (U.S.), U.S. COEXCELL Inc (U.S.), NORTH COAST CONTAINER LLC. (U.S.), Rahway Steel Drum Company (U.S.), and General Steel Drum LLC (U.S)
The countries covered in the Global Industrial Drum market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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