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
- THIELMANN
- 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
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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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