Global Plastic Drums Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2031
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Global Plastic Drums Market Overview
“The global Plastic Drums market size is expected to be worth around US$ 4,401.40 million by 2031 from US$ 2,702.10 million in 2021, growing at a CAGR of 4.99% during the forecast period 2021 to 2031.”
It is complete with important statistics and other industry-relevant particulars, including factors expected to influence Plastic Drums market progress, drivers, restraints, opportunities, trends, sales reviews, landmark developments (existing and anticipated), SWOT analysis, as well as information on other potential revenue generation prospects in unexplored areas of operation.
The data collated by our analysts from both primary and secondary sources are validated by data management solutions and, more importantly, industry experts to ensure genuine authenticity. The global Plastic Drums market report will encompass imminent threats or challenges from existing industry contenders and potential new market entrants. Additionally, this dossier will explore the existing and foreseeable impacts of the ongoing COVID-19 pandemic.
Impacts of the COVID-19 Pandemic:
Most industries worldwide have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other restrictions enforced by governing authorities across the globe.
The same applies to the global Plastic Drums market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals has been severely affected by this outbreak.
These elements above are expected to burden the revenue trajectory of the global Plastic Drums market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Plastic Drums market is expected to recover accordingly.
Who are the Major Plastic Drums Market's Key Players?
Key industry players profiled in this global Plastic Drums market include Greif Packaging LLC, CurTec Holdings B.V., Mauser Packaging Solutions, Schutz Container Systems, U.S. Coexcell Inc., Interplastica, Industrial Container Services, AST Plastic Containers, KODAMA PLASTICS Co., Ltd., Industrial Packaging Limited, RPC Group Plc, CL Smith Company, GREAT WESTERN CONTAINERS INC., TPL Plastech Ltd., Vallero International S.r.l., Remcon Plastics Incorporation, Orlando Drum & Container Corporation, and Hazmatpac, Inc.
Segmentation of the Global Plastic Drums Market:
Plastic Drums Market Segmentation
- Upto 35 Gallon
- 35-60 Gallon
- 60 Gallon & Above
- Open Head Drums
- Tight Head Drums
- Food & Beverage
- Chemicals & Fertilizers
- Building & Construction
- Paints & Lubricants
What are the Key Factors Covered in this Plastic Drums Market Report?
- CAGR of the Plastic Drums market during the forecast period 2021-2031.
- Precise estimation of the Plastic Drums market size and its contribution to the parent market.
- Detailed information on factors driving Plastic Drum's market growth during the next ten years.
- Accurate predictions on upcoming trends and changes in consumer behavior.
- The growth of the Plastic Drums market across APAC, North America, Europe, South America, and MEA.
- A thorough analysis of the Plastic Drums market’s competitive landscape and detailed information on key Players.
- Comprehensive details of factors that will challenge the growth of Plastic Drum's market vendors.
- Plastic Drums Market’s Opportunity Orbits
- Market Investment Feasibility Index
- PEST Analysis
- PORTER’S Five Force Analysis
- Drivers & Restraints Impact Analysis
- Marketing Strategy
- Product Life Cycle Analysis
- Value Chain Analysis
- Cost Structure Analysis
- Macro-economic Factors
Particular Scope Estimated Year 2021 Actual Year 2020 Forecast Period 2021–2031 CAGR 4.99% Market Size in 2021 2,702.10Mn 2031 Value Projection 4,401.40Mn Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
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- Greif Packaging LLC
- CurTec Holdings B.V.
- Mauser Packaging Solutions
- Schutz Container Systems
- U.S. Coexcell Inc.
- Industrial Container Services
- AST Plastic Containers
- KODAMA PLASTICS Co.Ltd.
- Industrial Packaging Limited
- RPC Group Plc
- CL Smith Company
- GREAT WESTERN CONTAINERS INC.
- TPL Plastech Ltd.
- Vallero International S.r.l.
- Remcon Plastics Incorporation
- Orlando Drum & Container Corporation
- Hazmatpac Inc.
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