Nestable Drum Trends and Forecast
The future of the global nestable drum market looks promising with opportunities in the pharmaceutical, chemical, food & beverage, and petroleum markets. The global nestable drum market is expected to reach an estimated $19.4 billion by 2030 with a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are rise in demand for efficient and cost-effective packaging solutions for e-commerce and online retail channels, growing demand in developing countries with expanding manufacturing and logistics sectors, and increasing focus on maintaining safety and security in the supply chain.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nestable Drum by Segment
The study includes a forecast for the global nestable drum by capacity, end use, and region.
Nestable Drum Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:
• 7- 13 Gallon
• 13-19 Gallon
• 19- 40 Gallon
• Above 40 Gallon
Nestable Drum Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceuticals
• Chemicals
• Food & Beverages
• Petroleum
• Others
Nestable Drum Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nestable Drum Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nestable drum companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nestable drum companies profiled in this report include-
• Greif
• Time Technoplast
• Snyder Industries
• CurTec
• Greystone Logistics
• Drums Food International
• Bewi Norplasta
Nestable Drum Market Insights
Lucintel forecasts that 7- 13 gallon is expected to witness the highest growth over the forecast period.
Within this market, chemical is expected to witness the highest growth.
North America will remain the largest region over the forecast period.
Features of the Global Nestable Drum Market
Market Size Estimates: Nestable drum market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nestable drum market size by capacity, end use, and region in terms of value ($B).
Regional Analysis: Nestable drum market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different capacities, end uses, and regions for the nestable drum market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nestable drum market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the nestable drum market size?
Answer: The global nestable drum market is expected to reach an estimated $19.4 billion by 2030.
Q2. What is the growth forecast for nestable drum market?
Answer: The global nestable drum market is expected to grow with a CAGR of 6.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the nestable drum market?
Answer: The major drivers for this market are rise in demand for efficient and cost-effective packaging solutions for e-commerce and online retail channels, growing demand in developing countries with expanding manufacturing and logistics sectors and increasing focus on maintaining safety and security in the supply chain.
Q4. What are the major segments for nestable drum market?
Answer: The future of the nestable drum market looks promising with opportunities in the pharmaceutical, chemical, food & beverage, and petroleum markets.
Q5. Who are the key nestable drum market companies?
Answer: Some of the key nestable drum companies are as follows:
• Greif
• Time Technoplast
• Snyder Industries
• CurTec
• Greystone Logistics
• Drums Food International
• Bewi Norplasta
Q6. Which nestable drum market segment will be the largest in future?
Answer: Lucintel forecasts that 7- 13 gallon is expected to witness the highest growth over the forecast period.
Q7. In nestable drum market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nestable drum market by capacity (7- 13 gallon, 13-19 gallon, 19- 40 gallon, and above 40 gallon), end use (pharmaceuticals, chemicals, food & beverages, petroleum, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nestable Drum Market, Nestable Drum Market Size, Nestable Drum Market Growth, Nestable Drum Market Analysis, Nestable Drum Market Report, Nestable Drum Market Share, Nestable Drum Market Trends, Nestable Drum Market Forecast, Nestable Drum Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.