Hazmat Packaging Market size and Key Trends in terms of volume and value 2020-2026 | Greif; SIA FLEXITANKS; Hoover Ferguson Group, Inc.; THIELMANN

To carry out competitive analysis, Hazmat Packaging Market with various strategies of the major players in the market have been considered that range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to an ascend of their footprints in the market. Moreover, the report revises general market conditions, estimates market share and possible sales volume of the industry, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product. Being a top-notch and comprehensive in nature, Hazmat Packaging Market research report gives better insights about different market segments on which businesses are highly dependent to thrive in the market.

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 leading organizations’ names are listed here- Greif; SIA FLEXITANKS; Hoover Ferguson Group, Inc.; SCHÜTZ 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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Succinct Description of the Market:

Hazmat packaging is described as the category of packaging designed for transportation of environmentally hazardous products. These products are potentially life-threatening and pose a significant risk towards health and safety of workers along with property damage. This packaging category involves the availability of products that can safely transport the contents without any spillage or leakage while meeting the standards set by various authorities worldwide.

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

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In this study, the years considered to estimate the market size of Hazmat Packaging are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

Crucial Market Segment details-:

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

Methodologies utilized to evaluate 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

Research strategies and tools used-:

This HAZMAT PACKAGING market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.

Table of Contents

1 Hazmat Packaging Market Overview

2 Manufacturers Profiles

3 Global Hazmat Packaging Market Competitions, by Players

3.1 Global Hazmat Packaging Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 Hazmat Packaging Players Market Share

3.2.2 Top 10 Hazmat Packaging Players Market Share

3.3 Market Competition Trend

4 Global Hazmat Packaging Market Size by Regions

5 North America Hazmat Packaging Revenue by Countries

6 Europe Hazmat Packaging Revenue by Countries

7 Asia-Pacific Hazmat Packaging Revenue by Countries

8 South America Hazmat Packaging Revenue by Countries

9 Middle East and Africa Revenue Hazmat Packaging by Countries

10 Global Hazmat Packaging Market Segment by Type

11 Global Hazmat Packaging Market Segment by Application

12 Global Hazmat Packaging Market Size Forecast (2019-2026)

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 Conclusion:  

This Hazmat Packaging research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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