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Combi Cans Market Segmented By end-user Petrochemicals, Oil and Lubricants, Agrochemicals; By capacity 3l/1.5l, 5l/2.5l, 6l/2.5l; By distribution channels Third-party online channel, Specialty store, Direct-to-customer; By Region North America, Latin Amer

11-07-2018 12:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Combi Cans Market Segmented By end-user Petrochemicals, Oil

Global Combi Cans Market Overview

Combi cans have become perfect storage containers for equipment that require both fuel and oil on the spot. Combi cans come with a mechanical lock to prevent unexpected opening and leakage, overfill protection to cut off the flow automatically and level window to see the remaining fuel. Combi cans combine two cans that enable us to fill different types of liquid as per our requirement. In the recent years, combi cans have gained particular attention among vehicle users as they eliminate the inconvenience of carrying two separate cans.

The cans contain two separate compartments and an integrated toolbox, owing to the increasing usage of cans without compromising the amount of fuel or oil in transport. The above-mentioned features have led to a surge in the customer base in combi cans market across the globe. The cans can be separated from each other with adequate space for files and tools between them. Consumers are seeking top-quality combi cans options to ensure that the fuel or oil get adequately stored and transported when working onsite in a manner which is safe for the operator, public and environment. The continuous development and innovations in combi cans are expected to drive the growth of the global combi cans market.

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Global Combi Cans Market Dynamics

Combi cans market – Drivers

The global combi cans market is primarily driven by the growth of the packaging industry in the forecast period. Besides the features associated with combi cans, such as odorless, leak-proof quality, moisture-resistant factor, quick refuel without splash effects, adjustable size of two containers to achieve optimized fuel and chain oil ratio further accelerates the demand for the combi cans market. The global combi cans market is expected to witness huge gains primarily due to the recent innovations in the market, which also meets the sustainability goals. One such recent development is the introduction of the operation of the Smart-Fill spout. This Smart-Fill Spout with Twist-Anchor-Push operation contains the fuel and fumes.

The alternative factor driving the combi cans market is the rapid growth in e-commerce and increasing sales of goods through online stores.

Combi cans market - Restraint

Factors restraining the global combi cans market include specific government regulations regarding designs that have to be adhered to since the containers are used to transport chemicals and toxic materials. There are several performance standards for packaging of each type of dangerous goods. Different regulation and packaging standards across various countries can prove to be a hindrance for the growth of the combi cans market.

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Global Combi Cans Market Regional Overview

Geographically, demand for combi cans in APAC regions is expected to proliferate over the forecast period. North America leads across the globe followed by APAC and Europe. North America witnesses healthy growth and represents the largest market for combi cans, while the Asia-Pacific is also displaying a considerable growth due to the emerging economies such as China and India. North America and APAC have the most number of the manufacturers of combi cans in the global market. MEA also expected an above average growth in combi cans market in the forecast period.

Report Analysis @ https://www.factmr.com/report/1918/combi-cans-market

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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