플라스틱 드럼 시장 예측 : 재료 유형별, 헤드 유형별, 용량별, 최종 사용자별, 지역별(-2030년)

According to Stratistics MRC, the Global Plastic Drums Market is accounted for $3.17 billion in 2024 and is expected to reach $4.36 billion by 2030 growing at a CAGR of 5.50% during the forecast period. For the secure and effective transportation of liquids, powders, and granular materials, plastic drums are a common and robust storage container used in many different industries. These high-density polyethylene (HDPE) drums guarantee the integrity of their contents for a long time because they are resistant to impact, corrosion, and many chemicals. Moreover, plastic drums come in various sizes, usually ranging from 15 to 55 gallons, and are made with tight-fitting lids and closures to avoid contamination and leaks.

According to the American Chemistry Council (ACC), plastic drums are essential for the safe and efficient storage and transport of a wide range of materials, owing to their durability, chemical resistance, and recyclability.

Market Dynamics:

Driver:

Enhanced practices in agriculture

Plastic drums are a major component of the agricultural industry's chemical storage and transportation system for fertilizers, pesticides, and herbicides. For these materials to be handled and applied safely, long-lasting, chemically resistant containers are needed. Plastic drums are becoming increasingly necessary as a result of the growing demand for agricultural products to feed the world's population, which has increased the use of agrochemicals. Additionally, to keep these chemicals effective, they must be able to shield them from contamination and environmental factors.

Restraint:

Threat from substitute materials

Alternative material containers, like those made of metal, fiber, and composite materials, pose serious risks to plastic drums. For example, metal drums, though heavier and more costly, provide superior strength and are chosen for some high-stress applications. Companies that prioritize sustainability will find fiber drums appealing because they are biodegradable and lightweight. Furthermore, composite drums, which combine various materials, can provide an economical, chemical-resistant, and strong combination.

Opportunity:

Innovations and advances in technology

The market for plastic drums is presented with new opportunities by the ongoing advancements in plastic manufacturing technologies. Plastic drums can find more uses owing to innovations like stronger chemical resistance, increased durability, and improved barrier qualities. Moreover, advances in intelligent packaging, like the integration of RFID tags or sensors, can offer supplementary features like temperature monitoring, real-time tracking, and evidence of tampering, rendering plastic drums more desirable for high-value sectors like chemicals and pharmaceuticals.

Threat:

Increasing prices for raw materials

The market for plastic drums is particularly vulnerable to changes in the price of raw materials, particularly those derived from petroleum, such as high-density polyethylene (HDPE). The price at which plastic drums are produced is directly impacted by shifts in demand, supply chain disruptions, or geopolitical tensions that raise crude oil prices. Additionally, plastic drums may become less competitive in the market when compared to alternatives due to the price volatility that may result in increased production costs that are then passed on to customers.

Covid-19 Impact:

The market for plastic drums was greatly impacted by the COVID-19 pandemic, which brought about both opportunities and challenges. Production and distribution were impacted, on the one hand, by delays and higher costs brought on by supply chain disruptions, manufacturing slowdowns, and logistical difficulties. Due to decreased industrial activity and economic uncertainty, many industries decreased their demand for plastic drums. However, the pandemic increased the need for dependable packaging solutions in the food, pharmaceutical, and healthcare industries, where it became vital to store and transport necessary items and medical supplies safely.

The High-Density Polyethylene (HDPE) segment is expected to be the largest during the forecast period

In the plastic drum market, high-density polyethylene (HDPE) has the largest market share. Because of its superior strength-to-weight ratio, longevity, and chemical resistance, HDPE is preferred for the storage and transportation of a variety of goods, such as industrial liquids, hazardous chemicals, medications, and food items. Because of its strength, it can be securely contained and protected from contamination or leaks, which satisfies strict regulatory requirements across a range of industries.

The Tight Head segment is expected to have the highest CAGR during the forecast period

The tight head segment of the plastic drum market has been growing at the highest CAGR. Plastic drums with a fixed top and seamless construction, known as tight-head drums, are commonly used to store liquids that don't need to be accessed or removed frequently. The superior sealing qualities of these drums lower the possibility of contamination and leaks during storage and transit. Additionally, the design enables effective stacking, maximizes storage capacity, and improves logistical effectiveness. Moreover, tight head drums are commonly used in sectors like chemicals, lubricants, and pharmaceuticals that demand reliable and safe packaging solutions.

Region with largest share:

North America holds the largest market share in the plastic drum industry. The chemical, pharmaceutical, food and beverage, and agricultural industries-all of which rely heavily on plastic drums for the secure storage and transportation of their goods-are the main drivers of this dominance. Additionally, North America has advantages in advanced manufacturing, strict regulations that support the use of long-lasting and chemically resistant packaging, such as plastic drums, and a strong infrastructure for distribution and logistics.

Region with highest CAGR:

Asia-Pacific region has the highest CAGR in the plastic drum market. Rapid urbanization, industrialization, and economic growth in places like China, India, and Southeast Asia are the main drivers of this expansion. Asia-Pacific industries that depend more on dependable and efficient packaging options, like plastic drums, are growing in production capacity and include chemicals, pharmaceuticals, agriculture, and the food and beverage industries. Furthermore, the market is further driven by the region's expanding population and growing demand for packaged goods from consumers.

Key players in the market

Some of the key players in Plastic Drums market include Sonoco Products Company, Pioneer Plastics (Pty) Ltd, Hazmatpac, Inc., FDL Packaging Group, Orlando Drum & Container Corporation, C.L. Smith Company, Mauser Group B.V., Great Western Containers Inc, Remcon Plastics Incorporation, Greif Packaging LLC, Kodama Plastics Co., Ltd, TPL Plastech Ltd, Industrial Container Services, LLC, Schutz Container Systems, Vallero International S.r.l., U.S. Coexcell Inc and Jokey Group.

Key Developments:

In June 2024, Sonoco Products Company (Sonoco) has entered into an agreement to acquire Eviosys from KPS Capital Partners, LP (KPS) for approximately $3.9 billion (€3.6 billion). Sonoco said the transaction enables it to enhance its strategy to focus on and scale its core businesses and invest in high return opportunities, both organically and inorganically.

In December 2023, Fuerst Day Lawson Limited ("FDL"), a portfolio company of Highlander Partners, L.P., announced today that the Company has entered into a definitive agreement to sell all of its outstanding shares to ADM, a premier global human and animal nutrition company.

In October 2023, Greif, Inc, a global leader in industrial packaging products and services, announced it has acquired Reliance Products, Ltd., a leading producer of high-performance barrier and conventional blow molded jerrycans and small plastic containers in Canada. The all-cash transaction, which reflects approximately 6.75x proforma adjusted EBITDA, was funded through Greif's existing credit facility.

Material Types Covered:

• Polyethylene (PE)
• Low Density Polyethylene (LDPE)
• Linear Low-density Polyethylene (LLDPE)
• High-Density Polyethylene (HDPE)
• Polypropylene (PP)
• Other Material Types

Head Types Covered:

• Open Head
• Tight Head
• Other Head Types

Capacities Covered:

• Less than 10 gallons
• 10-30 gallons
• 30-55 gallons
• 55 gallons and above
• Other Capacities

End Users Covered:

• Food and Beverages
• Chemical and Petrochemicals
• Building and Construction
• Agriculture
• Pharmaceuticals
• Oil and Lubricants
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • 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 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• 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
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • 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 Plastic Drums Market, By Material Type

• 5.1 Introduction
• 5.2 Polyethylene (PE)
• 5.3 Low Density Polyethylene (LDPE)
• 5.4 Linear Low-density Polyethylene (LLDPE)
• 5.5 High-Density Polyethylene (HDPE)
• 5.6 Polypropylene (PP)
• 5.7 Other Material Types

6 Global Plastic Drums Market, By Head Type

• 6.1 Introduction
• 6.2 Open Head
• 6.3 Tight Head
• 6.4 Other Head Types

7 Global Plastic Drums Market, By Capacity

• 7.1 Introduction
• 7.2 Less than 10 gallons
• 7.3 10-30 gallons
• 7.4 30-55 gallons
• 7.5 55 gallons and above
• 7.6 Other Capacities

8 Global Plastic Drums Market, By End User

• 8.1 Introduction
• 8.2 Food and Beverages
• 8.3 Chemical and Petrochemicals
• 8.4 Building and Construction
• 8.5 Agriculture
• 8.6 Pharmaceuticals
• 8.7 Oil and Lubricants
• 8.8 Other End Users

9 Global Plastic Drums Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Sonoco Products Company
• 11.2 Pioneer Plastics (Pty) Ltd
• 11.3 Hazmatpac, Inc.
• 11.4 FDL Packaging Group
• 11.5 Orlando Drum & Container Corporation
• 11.6 C.L. Smith Company
• 11.7 Mauser Group B.V.
• 11.8 Great Western Containers Inc
• 11.9 Remcon Plastics Incorporation
• 11.10 Greif Packaging LLC
• 11.11 Kodama Plastics Co., Ltd
• 11.12 TPL Plastech Ltd
• 11.13 Industrial Container Services, LLC
• 11.14 Schutz Container Systems
• 11.15 Vallero International S.r.l.
• 11.16 U.S. Coexcell Inc
• 11.17 Jokey Group