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Open Head Plastic Drum Market Size & Growth Forecast 2031
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Open Head Plastic Drum Market Size & Growth Forecast 2031

Segments - Open Head Plastic Drum Market by Types (35-Gallon, 35-60 Gallon, and 60 Gallon & Above), Applications (Chemicals & Fertilizers, Food & Beverages, Paints & Lubricants, Building & Construction, and Pharmaceuticals), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Trends, Share, Size, and Forecast 2023–2031

https://growthmarketreports.com/Riddhesh
Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-292 | 4.7 Rating | 78 Reviews | 178 Pages | Format : PDF Excel PPT

Report Description


Open Head Plastic Drum Market Outlook 2031


The Open Head Plastic Drum Market was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5% during 2023 – 2031. The growth of the market is attributed to increasing demand for storage containers.

Open head plastic drums are designed for the storage of liquid substances and other manufacturing products and also ensures safety delivery of the storage during transport.

Global Open Head Plastic Drum Market Outlook

These containers are mainly adopted for safe storing of liquid products such as juice, oil, and lubricants that need proper handling and storage unit. Factors such as easy to handling, light weighted, and high rusting resistance are the key advantages that make the products different from the other conventional metal drums. Due to these properties, the drums are broadly used as industrial storage solution across numerous industries including chemicals & fertilizers, food & beverages, and building & construction.

  • Wide demand for the products due to certain attributes such as cost-efficiency, re-usability, and durability of plastic drums are boosting the market growth.
  • Rising use of plastic drums across industries as safe storage containers are predicted to fuel the market expansion.
  • Stringent government regulations for using biodegradable material is expected to increase the market growth during the analysis period.
  • Continuous price fluctuation of raw materials is a major challenge that can hinder the market growth in the coming years.
  • Huge R&D investments from some players and technical development for the development of innovative plastic drums are estimated to present significant opportunities for the market expansion.

Scope of Open Head Plastic Drum Market Report

The report on the global open head plastic drum market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been involved in the report.

Attributes

Details

Report Title

Open  Head  Plastic  Drum Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (35-Gallon, 35-60 Gallon, and 60 Gallon & Above), Applications (Chemicals & Fertilizers, Food & Beverages, Paints & Lubricants, Building & Construction, and Pharmaceuticals)

Regional Scope

Asia Pacific, Latin America, North America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Competitive Landscape, Size, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Muller Group, Interplastica, RPC Group, CurTec Holdings, Greif Packaging, CL Smith, Industrial Container Services, Schutz Container Systems, Mauser Packaging Solutions, Coexcell, AST Plastic Containers, KODAMA PLASTICS, Kaplan Container, and Industrial Packaging

Global Open Head Plastic Drum Market Segment Insights

In terms of types, the market is segmented into up to 35-gallon, 35-60 gallon, and 60 gallon & above. The 35-60-gallon segment is predicted to witness a considerable growth during the forecast period owing to the extensive applications of the drums in several manufacturing industries. However, the 60 gallon & above segment is projected to exhibit a large market share during the analysis period due to growing demand for the plastic drums from medium and large-scale industries.

Global Open Head Plastic Drum Market Types

On the basis of applications, the global open head plastic drum market is divided into chemicals & fertilizers, food & beverages, paints & lubricants, building & construction, pharmaceuticals, and others. The chemical & fertilizers segment is projected to represent a major share of the market during the forecast period due to increasing demand for plastic drums to store fertilizers and harmful chemical substances. On the other hand, the food & beverage segment is likely to constitute a large market share in the coming years due to extensive use of the drums for storage of various food products particularly liquid-based food products.

Open Head Plastic Drum Market Applications

Based on regions, the market is generally classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is projected to witness a large growth rate during the forecast period. The market growth is due to the wide adoption of plastic drums in numerous industrial applications and stringent government regulations for the use of biodegradable materials in the region.

Meanwhile, the market in Asia pacific is expected to hold a healthy growth rate in the coming years due to increasing demand for large storage containers for several industries, rapid development of the manufacturing industries, and rising construction activities in the region, impacted by industrialization and urbanization.

Segments

The global open head plastic drum market has been segmented in terms of

Types

  • Up to 35 Gallon
  • 35-60 Gallon
  • 60 Gallon & Above

Applications

  • Food & Beverage
  • Chemicals & Fertilizers
  • Building & Construction
  • Pharmaceuticals
  • Paints & Lubricants

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Muller Group
  • Interplastica
  • RPC Group
  • CurTec Holdings
  • Greif Packaging
  • CL Smith
  • Industrial Container Services
  • Schutz Container Systems
  • Mauser Packaging Solutions
  • Coexcell
  • AST Plastic Containers
  • KODAMA PLASTICS
  • Kaplan Container
  • Industrial Packaging

Competitive Landscape

Major players competing in the global open head plastic drum market include Muller Group, Interplastica, RPC Group, CurTec Holdings, Greif Packaging, CL Smith, Industrial Container Services, Schutz Container Systems, Mauser Packaging Solutions, Coexcell, AST Plastic Containers, KODAMA PLASTICS, Kaplan Container, and Industrial Packaging.

Some of these businesses are involved in adopting numerous market strategies such as merger, acquisition, collaboration, partnership, product launch, R&D activities, and capacity expansion to increase market share and global presence.

Global Open Head Plastic Drum Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Open Head Plastic Drum Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Open Head Plastic Drum Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Open Head Plastic Drum Market - Supply Chain
  4.5. Global Open Head Plastic Drum Market Forecast
     4.5.1. Open Head Plastic Drum Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Open Head Plastic Drum Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Open Head Plastic Drum Market Absolute $ Opportunity
5. Global Open Head Plastic Drum Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Open Head Plastic Drum Market Size and Volume Forecast by Types
     5.3.1. Up to 35 Gallon
     5.3.2. 35-60 Gallon
     5.3.3. 60 Gallon & Above
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Open Head Plastic Drum Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Open Head Plastic Drum Market Size and Volume Forecast by Applications
     6.3.1. Food & Beverage
     6.3.2. Chemicals & Fertilizers
     6.3.3. Building & Construction
     6.3.4. Pharmaceuticals
     6.3.5. Paints & Lubricants
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Open Head Plastic Drum Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Open Head Plastic Drum Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Open Head Plastic Drum Demand Share Forecast, 2019-2026
8. North America Open Head Plastic Drum Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Open Head Plastic Drum Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Open Head Plastic Drum Market Size and Volume Forecast by Types
     8.4.1. Up to 35 Gallon
     8.4.2. 35-60 Gallon
     8.4.3. 60 Gallon & Above
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Open Head Plastic Drum Market Size and Volume Forecast by Applications
     8.7.1. Food & Beverage
     8.7.2. Chemicals & Fertilizers
     8.7.3. Building & Construction
     8.7.4. Pharmaceuticals
     8.7.5. Paints & Lubricants
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Open Head Plastic Drum Demand Share Forecast, 2019-2026
9. Latin America Open Head Plastic Drum Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Open Head Plastic Drum Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Open Head Plastic Drum Market Size and Volume Forecast by Types
     9.4.1. Up to 35 Gallon
     9.4.2. 35-60 Gallon
     9.4.3. 60 Gallon & Above
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Open Head Plastic Drum Market Size and Volume Forecast by Applications
     9.7.1. Food & Beverage
     9.7.2. Chemicals & Fertilizers
     9.7.3. Building & Construction
     9.7.4. Pharmaceuticals
     9.7.5. Paints & Lubricants
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Open Head Plastic Drum Demand Share Forecast, 2019-2026
10. Europe Open Head Plastic Drum Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Open Head Plastic Drum Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Open Head Plastic Drum Market Size and Volume Forecast by Types
     10.4.1. Up to 35 Gallon
     10.4.2. 35-60 Gallon
     10.4.3. 60 Gallon & Above
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Open Head Plastic Drum Market Size and Volume Forecast by Applications
     10.7.1. Food & Beverage
     10.7.2. Chemicals & Fertilizers
     10.7.3. Building & Construction
     10.7.4. Pharmaceuticals
     10.7.5. Paints & Lubricants
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Open Head Plastic Drum Demand Share Forecast, 2019-2026
11. Asia Pacific Open Head Plastic Drum Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Open Head Plastic Drum Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Open Head Plastic Drum Market Size and Volume Forecast by Types
     11.4.1. Up to 35 Gallon
     11.4.2. 35-60 Gallon
     11.4.3. 60 Gallon & Above
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Open Head Plastic Drum Market Size and Volume Forecast by Applications
     11.7.1. Food & Beverage
     11.7.2. Chemicals & Fertilizers
     11.7.3. Building & Construction
     11.7.4. Pharmaceuticals
     11.7.5. Paints & Lubricants
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Open Head Plastic Drum Demand Share Forecast, 2019-2026
12. Middle East & Africa Open Head Plastic Drum Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Open Head Plastic Drum Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Open Head Plastic Drum Market Size and Volume Forecast by Types
     12.4.1. Up to 35 Gallon
     12.4.2. 35-60 Gallon
     12.4.3. 60 Gallon & Above
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Open Head Plastic Drum Market Size and Volume Forecast by Applications
     12.7.1. Food & Beverage
     12.7.2. Chemicals & Fertilizers
     12.7.3. Building & Construction
     12.7.4. Pharmaceuticals
     12.7.5. Paints & Lubricants
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Open Head Plastic Drum Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Open Head Plastic Drum Market: Market Share Analysis
  13.2. Open Head Plastic Drum Distributors and Customers
  13.3. Open Head Plastic Drum Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Muller Group
     13.4.2. Interplastica
     13.4.3. RPC Group
     13.4.4. CurTec Holdings
     13.4.5. Greif Packaging
     13.4.6. CL Smith
     13.4.7. Industrial Container Services
     13.4.8. Schutz Container Systems
     13.4.9. Mauser Packaging Solutions
     13.4.10. Coexcell
     13.4.11. AST Plastic Containers
     13.4.12. KODAMA PLASTICS
     13.4.13. Kaplan Container
     13.4.14. Industrial Packaging

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