Jerry Cans Market Share: Key players, Application, Focused Regions and Product Types | 2023 to 2033

Jerry cans, also known as jerrycans, are specialized containers used for storing and transporting liquids such as fuel, water, and chemicals. They were first developed during World War II by the German military and have since become a popular choice for various industries and applications. The global jerry cans market is expected to grow steadily in the coming years, driven by the increasing demand for safe and secure storage and transportation of liquids.

The market for jerry cans is anticipated to reach US$ 2.3 billion in 2023 and is anticipated to grow at a CAGR of 4.6% between 2023 and 2033. (forecast period). By 2033, sales are anticipated to reach US$ 3.5 billion. The Asia Pacific region is expected to witness the highest growth, driven by the increasing demand for jerry cans in emerging economies such as China and India.

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The jerry cans market is segmented by material type, capacity, end-user, and region. Based on material type, the market is segmented into plastic, metal, and others. Plastic jerry cans are the most widely used due to their lightweight, durability, and affordability. Metal jerry cans are often used for storing and transporting flammable liquids as they provide better protection against fire hazards. Based on capacity, the market is segmented into up to 5 liters, 5-10 liters, 10-20 liters, and above 20 liters. The 10-20 liters segment is the largest and is expected to witness steady growth in the coming years. Based on end-user, the market is segmented into automotive, chemicals, food and beverage, healthcare, and others. The automotive sector is the largest end-user segment, driven by the increasing demand for fuel storage and transportation solutions.

The growth of the jerry cans market is driven by several factors. The increasing demand for safe and secure storage and transportation of liquids, particularly in the automotive and chemicals sectors, is a major driving factor. Jerry cans provide a safe and reliable solution for transporting flammable liquids and chemicals, as they are designed to withstand extreme temperatures and are often equipped with safety features such as spill-proof caps and child-resistant closures.

The increasing demand for lightweight and portable storage and transportation solutions is also driving the growth of the jerry cans market. Plastic jerry cans are particularly popular due to their lightweight and portability, making them ideal for outdoor activities such as camping and hiking.

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In conclusion, the global jerry cans market is expected to witness steady growth in the coming years, driven by the increasing demand for safe and secure storage and transportation of liquids. The market is highly competitive, with several key players operating in the market. With the increasing demand for lightweight and portable storage and transportation solutions, plastic jerry cans are expected to remain the most widely used material for jerry cans. As the automotive and chemicals sectors continue to grow, the demand for jerry cans is expected to increase, particularly in emerging economies in the Asia Pacific region.

Competitive Landscape

Key players in the jerry cans market are expanding their presence and product portfolio to gain competitive edge. The players are focusing on acquisition and product launch strategies to increase their revenue in the market. Some of the development by the key global players are:

• In June 2022, Grief, Inc. announced the launch of a lightweight, high-performance jerrycan in Brazil for agrochemicals, chemicals, beverages, flavors, and fragrances.
• In May 2022, Myers Industries, Inc. expanded its production capabilities by acquiring rotational molding facility in Georgia.
• In October 2021, Schütz GmbH & Co KGaA, announced the acquisition of GEM Plastics Limited, a manufacturer of plastic industrial packaging solutions.
• In April 2021, Mauser Packaging Solutions acquired Global Tank Srl to expand its industrial packaging products and services across the Italian market and strengthens the company’s global presence.

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Key Players:

• Greif Inc.
• Berry Global, Inc.
• Mauser Packaging Solutions
• Parekhplast India Limited
• Schutz GmbH & Co. KGaA
• Plas-Pak WA Pty Ltd.
• IPACKCHEM Group SAS
• Barrier Plastics Inc.
• Rheem Indonesia. PT