In 2023, industrial drum sales in Western Europe are anticipated to reach a valuation of US$ 2,191.1 million. The demand for industrial drum in Western Europe is likely to expand with a 3.6% CAGR from 2023 to 2033, reaching a projected value of US$ 3,153.4 million by 2033.
| Attributes | Details |
|---|---|
| Industry size in 2023 | US$ 2,191.1 million |
| Expected Industry size by 2033 | US$ 3,153.4 million |
| Forecasted CAGR between 2023 to 2033 | 3.6% |
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In 2023, the steel drum segment is likely to gain an industry share of 76.50% in Western Europe.
| Product Type | Steel drum |
|---|---|
| Industry Share in 2023 | 76.50% |
Steel drums are ideal for the safe storage as well as transportation of a variety of goods, including hazardous chemicals, due to their exceptional durability and strength. Because they are recyclable, they comply with the strict environmental laws and sustainability programs in the region.
Steel drums play an essential role in many sectors as they offer superior protection against fire, moisture, and extreme temperatures. They are gaining popularity due to the increasing demand for bulk packaging solutions. Their versatility in sizes and configurations allows them to meet a wide range of industrial needs.
The chemicals and fertilizers segment in Western Europe industrial drum sector is estimated to garner a 46.10% industry share in 2023.
| End Use Segment | Chemicals and Fertilizers |
|---|---|
| Industry Share in 2023 | 46.10% |
For several compelling reasons, the chemicals and fertilizers industry in Western Europe is expected to drive increased sales of industrial drums. The bulk transportation and storage of various chemicals and fertilizers in a safe and effective manner are crucial for this industry. Industrial drums meet strict regulatory criteria by providing a secure packaging solution, owing to their sturdy design and sealing capabilities.
The demand for industrial drums increases in tandem with the sector's expansion due to a rise in industrial and agricultural activity. Another contributing factor to the growing use of steel and plastic barrels is the increased emphasis on sustainability and eco-friendly packaging. The industrial drum industry in Western Europe for chemicals and fertilizers is growing as a result of these combined factors.
The United Kingdom and Germany are two countries of Western Europe where companies have been making enormous progress in the field of industrial drum.
| Regions Profiled | CAGR from 2023 to 2033 |
|---|---|
| The United Kingdom | 3.90% |
| Germany | 3.30% |
The industrial and manufacturing sectors in the United Kingdom have experienced significant growth, leading to an increased demand for industrial drums. The manufacturing of chemicals, food and beverages, automobiles, and pharmaceuticals has seen a rise across the entire country. Industrial drums are used in these sectors to store and transport a wide range of products, including bulk items, chemicals, liquids, and powders.
The growth in these sectors has facilitated the development of the ecosystem, driven by the increased demand for industrial drums. Therefore, from 2023 to 2033, the demand for industrial drums in the United Kingdom is anticipated to advance at a 3.90% CAGR.
Numerous factors have contributed to the expansion of the industrial drum ecosystem in Germany. A significant industry for industrial drums for storage and transportation exists due to the strong regional industrial base. Industrial drum solutions are becoming increasingly necessary because of Germany's strategic location as a transportation hub, including access to ports and effective logistics networks, heightening its importance in both national and international trade.
In line with global trends, the development of eco-friendly drum designs has been sparked by an emphasis on sustainable practices and compliance with environmental legislation. All of these elements work together to support the expansion of the regional industrial drum ecosystem. The demand in the country is anticipated to rise at a 3.30% CAGR from 2023 to 2033.
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Companies often focus on product innovation and diversification to gain a competitive edge. This involves creating new and improved industrial drum designs, components, and features to meet evolving consumer demands. This could include drums with features such as aseptic designs or increased durability specifically tailored for industries like food and beverage, chemicals, or pharmaceuticals. By offering a wide range of innovative products, businesses can attract new customers and retain their current clientele, staying ahead of the competition.
Another strategy is expanding their presence in Western Europe through the establishment or acquisition of regional manufacturing plants, distribution hubs, or subsidiaries. Establishing strategic alliances with distributors and key clients helps enhance industry penetration. Collaborating with supply chain and logistics firms also ensures efficient industrial drum delivery to a variety of end customers, streamlining the distribution process. By expanding their geographic reach and developing partnerships, businesses can enhance their overall competitiveness and solidify their position in the Western Europe industrial drum industry.
| Company | Key Strategies |
|---|---|
| Greif Inc. |
|
| Mauser Group |
|
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 2,191.1 million |
| Projected Industry Size by 2033 | US$ 3,153.4 million |
| Attributed CAGR between 2023 and 2033 | 3.6% |
| Historical Analysis of Demand for industrial drum in Western Europe Countries | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Report Coverage | Industry size, industry trends, analysis of key factors influencing industrial drum in Western Europe, insights on global players and their industry strategy in Western Europe, ecosystem analysis of local and regional Western Europe providers |
| Key Countries within Western Europe Analyzed while Studying Opportunities for Industrial Drum in Western Europe |
|
| Key Companies Profiled |
|
The sales of industrial drum to reach US$ 2,191.1 million in 2023.
In 2033, the total value of the industrial drum industry in Western Europe is predicted to surpass US$ 3,153.4 million.
From 2023 to 2033, the Western Europe industrial drum industry is likely to exhibit a 3.6% CAGR.
Steel industrial drum is likely to acquire a 76.50% share in 2023.
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Steel Drum
5.3.2. Plastic
5.3.3. Fiber
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Capacity Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity Type, 2023 to 2033
6.3.1. Up to 100 ltrs
6.3.2. 100 to 250 ltr
6.3.3. 250 to 500 ltr
6.3.4. Above 500 ltr
6.4. Y-o-Y Growth Trend Analysis By Capacity Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Capacity Type, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
7.3.1. Food & Beverages
7.3.2. Chemicals & Fertilizers
7.3.3. Pharmaceuticals
7.3.4. Petrolium & Lubricants
7.3.5. Building & Construction
7.3.6. Paints, Inks and Dyes
7.3.7. Other End Use
7.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Country, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Country, 2023 to 2033
8.3.1. UK
8.3.2. Germany
8.3.3. Italy
8.3.4. France
8.3.5. Spain
8.3.6. Rest of
8.4. Market Attractiveness Analysis By Country
9. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Region
9.2.1.1. England
9.2.1.2. Scotland
9.2.1.3. Wales
9.2.1.4. Northern Ireland
9.2.2. By Product Type
9.2.3. By Capacity Type
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Region
9.3.2. By Product Type
9.3.3. By Capacity Type
9.3.4. By End Use
9.4. Key Takeaways
10. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Region
10.2.1.1. North-east (Germany)
10.2.1.2. North-west (Germany)
10.2.1.3. Central (Germany)
10.2.1.4. South (Germany)
10.2.1.5. Other(Germany)
10.2.2. By Product Type
10.2.3. By Capacity Type
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Region
10.3.2. By Product Type
10.3.3. By Capacity Type
10.3.4. By End Use
10.4. Key Takeaways
11. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Region
11.2.1.1. North (Italy)
11.2.1.2. Central (Italy)
11.2.1.3. South (Italy)
11.2.1.4. Islands (Italy)
11.2.2. By Product Type
11.2.3. By Capacity Type
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Region
11.3.2. By Product Type
11.3.3. By Capacity Type
11.3.4. By End Use
11.4. Key Takeaways
12. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Region
12.2.1.1. Northern (France)
12.2.1.2. Central (France)
12.2.1.3. Southern (France)
12.2.1.4. Eastern (France)
12.2.2. By Product Type
12.2.3. By Capacity Type
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Region
12.3.2. By Product Type
12.3.3. By Capacity Type
12.3.4. By End Use
12.4. Key Takeaways
13. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Region
13.2.1.1. Basque Country
13.2.1.2. Andalusia
13.2.1.3. Extremadura
13.2.1.4. Catalonia
13.2.1.5. Valencia
13.2.1.6. Rest of Spain
13.2.2. By Product Type
13.2.3. By Capacity Type
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Region
13.3.2. By Product Type
13.3.3. By Capacity Type
13.3.4. By End Use
13.4. Key Takeaways
14. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Product Type
14.2.2. By Capacity Type
14.2.3. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Product Type
14.3.2. By Capacity Type
14.3.3. By End Use
14.4. Key Takeaways
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product Type
15.3.3. By Capacity Type
15.3.4. By End Use
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Mauser Group B.V.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. The Metal Drum Company
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Fibrestar Drums Ltd.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. A W Stokes & Son (Drums) Ltd.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Muller AG Verpackungen
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Schutz Container Systems, Inc.
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Sicagen India Limited
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Myers Container, LLC
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Eagle Manufacturing Company
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Time Technoplast Ltd
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Balmer Lawrie & Co. Ltd.
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. TPL Plastech Limited
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. Greif, Inc.
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Industrial Drum Industry Analysis in Western Europe
