Press release
Global Hazmat Packaging Market 2020: Growth, Emerging Trends And Forecast By Greif; SIA FLEXITANKS; Hoover Ferguson Group, Inc.; SCHTZ GmbH & Co. KGaA; BWAY Corporation
Global hazmat packaging market is expected to register a substantial CAGR of 5.39% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growth of commercialization of products through e-commerce and online sales channel.Few of the major competitors currently working in the global hazmat packaging market are Greif; SIA FLEXITANKS; Hoover Ferguson Group, Inc.; SCHTZ GmbH & Co. KGaA; BWAY Corporation; THIELMANN; Eagle Manufacturing Company; Patrick Kelly Drums; Balmer Lawrie; Clouds Drums Dubai LLC; Sicagen; GREAT WESTERN CONTAINERS INC.; Fibre Drums; Myers Container; TPL Plastech Limited; Peninsula Drums; The Cary Company; Milford Barrel; Orlando Drum & Container Corporation; Uline; BIG VALLEY; Air Sea Containers, Inc.; BASCO, Inc.; LPS Industries among others.
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Market Drivers:
Presence of interactive packaging methods and solutions providing end-users to utilize track and trace solutions for their packages; this factor is expected to propel the growth of the market
Availability of customized, unique solutions that can be modified in weight and size is expected to boost the market growth
Presence of various regulations provided by the authorities for the compliance of transporting hazardous materials acts as a market driver
Increasing living standards along with enhancing disposable income of individuals proving to be a growth for the manufacturing industry is another factor uplifting the market growth
Market Restraints:
Presence of strict regulatory standards and compliances regarding the usage of plastics is expected to hinder the growth of the market
Disintegrated demand from various end-users of developed regions of the world is restricting the market growth
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
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Segmentation: Global Hazmat Packaging Market
By Content Type
Flammable & Combustible Liquid
Explosives
Gases
Flammable & Combustible Solid
Oxidizing Substances & Organic Peroxides
Toxic & Infectious Substances
Radioactive Materials
Corrosives
Miscellaneous Hazardous Materials
Others
By Material
Metal
Corrugated Paper
Plastic
By Product
Drums & Pails
Intermediate Bulk Containers (IBCs)
Cartons
Boxes
Canes
Flexi Tanks
Bottles
Others
By End-User
Chemicals & Petrochemicals
Paints & Dyes
Oil & Gas
Industrial Chemicals
Freight & Logistics
Automotive
Lubricants & Oils
Pharmaceuticals
Agriculture & Horticulture
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In May 2019, The Cary Company announced that they had acquired Three Rivers Packaging, Inc. helping enhance the capabilities of The Cary Company in the Midwest region wherein they can provide consumers with an expanded portfolio of drums, totes, IBCs and various other products. This acquisition will also improve the customer satisfaction capabilities as the acquisition includes the expertise of Three Rivers Packaging, Inc. and their focus on delivering high satisfaction to their consumers
In October 2018, BWAY, Mauser Group, National Container Group (NCG) and Industrial Container Services (ICS) announced that they had formulated a unified company by the name of Mauser Packaging Solutions combining the expertise, capabilities and services of all four companies in one. This combination will help deliver better quality of services to customers in a more reliable and sustainable manner across the globe
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Contact:
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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