Jerry Cans Market Research Report- Opportunities & Challenges With Wholly Totally Different Segments, Forecast 2023 to 2033

 

The global jerry cans market is growing due to several factors, including increasing demand for portable and safe storage solutions, especially for hazardous and flammable materials, and the rise in outdoor recreational activities.

In addition, the increasing demand for jerry cans in industries such as oil and gas, agriculture, and construction, is driving market growth. The market is also being propelled by the increasing adoption of plastic jerry cans, which are lightweight, easy to handle, and recyclable.

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Jerry cans, also known as jerrycans, are containers typically made of metal or plastic, used for the transportation and storage of liquids, including fuels, oils, and chemicals. They are named after their original manufacturer, the German company Wehrmacht-Einheitskanister, which designed the cans during World War II for military use. Today, jerry cans are widely used for civilian purposes, including camping, boating, and emergency preparedness.

The metal jerry cans segment dominates the market, as they are the most durable and long-lasting option. However, plastic jerry cans are expected to experience significant growth over the forecast period due to their lower cost, ease of use, and environmental benefits. Plastic jerry cans are also gaining popularity due to their ability to offer the same durability and strength as metal cans.

Based on material, the market is segmented into metal and plastic. The metal segment dominates the market due to its high durability and resistance to damage. However, the plastic segment is expected to grow at a faster rate due to its lower cost, lighter weight, and recyclability.

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Based on end-use industry, the market is segmented into oil and gas, agriculture, construction, automotive, and others. The oil and gas industry is the largest end-use industry for jerry cans due to the need for safe and secure storage and transportation of fuels and chemicals. The agriculture and construction industries are also expected to witness significant growth over the forecast period due to the increasing demand for portable and durable storage solutions.

Geographically, the jerry cans market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. The Asia Pacific region is the largest market for jerry cans due to the growing demand for portable and safe storage solutions in the region’s growing industries. The market in the Middle East and Africa is also expected to grow significantly due to the growing oil and gas industry in the region.

In conclusion, the global jerry cans market is expected to witness significant growth over the forecast period due to the increasing demand for portable and safe storage solutions in a variety of industries. While metal jerry cans dominate the market currently, plastic jerry cans are expected to experience significant growth due to their lower cost, lighter weight, and environmental benefits. The less than 10 liters segment is expected to witness significant growth due to the increasing demand for compact and portable jerry cans. The Asia Pacific region is expected to be the largest market for jerry cans due to the growing demand for safe and portable storage solutions in the region’s growing industries.

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Some of the leading companies operating in the market are:

·        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

Jerry Cans Market by Category

By Material:

  • Plastic
  • Metal

By Capacity:

  • Below 10 Liters
  • 10 Lt to 25 Liters
  • Above 25 Liters

By End Use:

  • Food & Beverage

o    Vegetable Oil

o    Juices & Milk

  • Agrochemicals

o    Fertilizers

o    Pesticides

  • Industrial Chemicals

o    Hazardous

o    Non-hazardous

  • Petroleum & Lubricants

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

 

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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