Reconditioned Steel Drum Market Set to Exceed US$3.1 Billion by 2034, Fueled by eCommerce Boom and Technological Innovations

Reconditioned Steel Drum Market
        Reconditioned Steel Drum Market

The global reconditioned steel drum market is poised for remarkable growth, with projections indicating a valuation surpassing US$ 3.1 billion by 2034, driven by key trends in eCommerce integration and technological advancements.

In 2024, the market already stands at an impressive US$ 2.0 billion, laying a solid foundation for substantial expansion over the forecast period.

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Key players covered in the report include:

  • Greif, Inc.
  • Mauser Group B.V.
  • The Cary Company
  • Rahway Steel Drum Co Inc.
  • Mitchell Container Services, Inc
  • Chicago Steel Container Corp.
  • General Steel Drum LLC
  • Schutz Container Systems, Inc.
  • North Coast Container Corp.
  • Metal Drum Co Ltd/The
  • Industrial Container Services, Inc.

COVID-19 Impact Analysis on Reconditioned Steel Drums Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Reconditioned Steel Drums market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Reconditioned Steel Drums market have put their production on a halt.

Important Questions Answered in the Reconditioned Steel Drums Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Reconditioned Steel Drums market been expanding during the forecast period?
  • How will the global Reconditioned Steel Drums market look like by the end of the forecast period?
  • What innovative strategies are adopted by Reconditioned Steel Drums market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Reconditioned Steel Drums market?

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Key Players in the Reconditioned Steel Drum Market

  • Greif, Inc.
  • Mauser Packaging Solutions
  • Industrial Container Services (ICS)
  • Peninsula Drums
  • Clouds Drums Dubai LLC
  • Myers Container LLC
  • Eagle Manufacturing Company
  • Sonoco Products Company
  • Tielman Group

Reconditioned Steel Drum Market Segmentation

By Material:

  • Stainless Steel
  • Cold Rolled
  • Carbon Steel

By Head Type:

  • Tight Head
  • Open Head

By Size/Capacity:

  • 10 to 25 Gallons
  • 25 to 40 Gallons
  • 40 to 55 Gallons
  • 55 Gallons and Above

By End-use Industry:

  • Food & Beverages
  • Pharmaceuticals & Healthcare
  • Building and Construction
  • Oils & Lubricants
  • Chemicals and Solvents
  • Paints & Dyes
  • Agriculture & Allied Industry (Fertilizers / Pesticides)
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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