Global Jerry Cans Market to Grow at 5.5% CAGR through 2027, Asia Pacific to be the Leading Market

A new research study titled “Jerry Cans Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 – 2027” has been added to the vast repository of Market Research Reports Search Engine (MRRSE). According to the business intelligence study, the global jerry cans market is likely to grow at 5.5% CAGR during the assessment period.

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The research report offers comprehensive secondary and primary research backed with key insights from market observers and thought leaders. The extensive secondary research gives a direction to the research process, which gives sufficient ammo for the primary research. The wide overview of the market provides clarity with respect to market definition and scenario that involves the major products/services/players involved in the global white oil market activities. The primary research involves interviews with key personnel across geographies and the data so collected is ensured to reach maximum accuracy as it undergoes multi-layer validation from which actionable insights can be slated to aid critical business decisions. The opinions of key market observers also gives a green signal to the data so collected, after which a triangulation process is carried out to arrive at the most accurate data and statistical representations.

The research report has segmented the global market on the basis of various parameters. The segmentation has been done on the basis of material type, end use, capacity size, and region. By material type, the plastic (HDPE) segment is likely to reach a valuation of nearly US$ 3.9 Bn, growing at a CAGR of 5.6% during the forecast period. By end-use, the report projects food and beverages to account for the maximum demand, with total sales accounting for nearly US$ 2.3 Bn by the end of the forecast period. By capacity size, demand for 10-25 litres is likely to remain robust, with above 25 litres segment growing at substantial rate during the forecast period.

For more information about this report visit: https://www.mrrse.com/jerry-cans-market

Asia Pacific continues to be the leading market for jerry cans market. The market in Asia Pacific is likely to grow at a CAGR of 7.2% during the assessment period. In addition to Asia Pacific, Latin America is also expected to grow at a steady pace during the assessment period. The research study offers in-depth analysis on the key regions that are likely to boost demand during the assessment period.

A detailed competitive landscape tracking has been offered to readers in the report. According to the report, some of the leading players in the global jerry cans market include Time Technoplast Ltd., Greif, Inc., Scepter Canada Inc, SCHÜTZ GmbH & Co. KGaA, Parekhplast India Limited, Barrier Plastics INC., Yates Steels Pvt. Ltd, Kadu Jaya Perkasa, Plastic Container Packaging Corporation, Mauser Group B.V, . Singa Plastics limited etc.

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This release was published on openPR.