The desire for portable and secure storage options, particularly for hazardous and flammable products, as well as an increase in outdoor recreational activities, are driving the growth of the global jerry can market.
In addition, the increasing need for jerry cans in industries such as oil and gas, agriculture, and construction, is boosting market expansion. Also, the industry is being driven by the rising popularity of plastic jerry cans, which are portable, simple to use, and recyclable.
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Jerry cans, often referred to as jerrycans, are containers that are frequently made of metal or plastic and are used for the transportation and storage of liquids, such as fuels, oils, and chemicals. They bear the name of its original producer, the German business Wehrmacht-Einheitskanister, which created the cans for military use during World War Two. Portable fuel tanks are still commonly used today for everyday activities including camping, boating, and disaster preparedness.
Because they are the most robust and long-lasting alternative, the metal jerry can category commands the largest share of the market. Yet, because of their reduced price, simplicity of use, and advantages for the environment, plastic jerry cans are predicted to rise significantly over the projected period. Due to their capacity to provide the same strength and durability as metal jerry cans, plastic jerry cans are also growing in favour.
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
- Vegetable Oil
- Juices & Milk
- Agrochemicals
- Fertilizers
- Pesticides
- Industrial Chemicals
- Hazardous
- Non-hazardous
- Petroleum & Lubricants
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