Industrial Pails Market will reach around US$ 9,300 Mn in value in 2026 and will show a moderate CAGR

This Future Market Insights report on global industrial pails market forecasts that the global industrial pails market will touch a valuation of nearly US$ 9,300 Mn in the year 2026 and exhibit a moderate CAGR during the period of assessment.

Future Market Insights has done an extensive research on industrial pails revealing the current market scenario and their adoption across various industries. Moreover, the research also focuses on the future prospects in the global market for industrial pails.

Various developments and key trends are covered in the research report on industrial pails that have an influence on the global market's growth. Various aspects impacting growth and adoption of industrial pails have been covered in the research study. Based on these factors and their respective magnitudes across various regions in the globe, a future market projection on each segment ad sub segment of the market is presented that can assist the reader in slating key strategies and decide on future steps to expand their footprint at a global level.

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Pail is essentially a cylindrical container used in various industrial packaging applications for the purpose of transportation or shipping. These containers have either slanted sides or straight sides with a bail or handle and lids. Industrial pails come in different sizes depending upon the amount of material they are intended to carry. Moreover, various materials are used to manufacture industrial pails basis the nature of goods they transport and the industry they are being used for.

High Density Polyethylene Material Type Segment to Touch a Value of Nearly US$ 950 Mn in 2026

As per the forecast of Future Market Insights, the high density polyethylene material type segment is expected to reach a valuation of nearly US$ 950 Mn by the end of 2026. This represents a moderate CAGR during the forecast period of 2017-2026. The high density polyethylene material type segment was expected to account for more than one-tenth of the revenue share of the material type category by the end of the year 2017 and is expected to gain market share by the end of the year 2026.

APEJ Market Set to Dominate the Global Industrial Pails Market in Terms of Revenue

The market in APEJ is set to dominate the global industrial pails market in terms of value and this trend is projected to sustain itself throughout the period of assessment. APEJ industrial pails market is the most attractive market, growing at a robust CAGR during the assessment period.

Competition Tracking

The report also profiles the companies that are expected to remain active in the expansion of global industrial pails market through 2026, which include

SCHÜTZ GmbH & Co.,
Grief Inc.,
Mauser Group B.V.,
Orora Packaging Australia Pty Ltd,
Balmer Lawrie & Co. Ltd,
Industrial Container Services,
Delta Containers Direct Limited,
FDL Packaging Group,
Fibrestar Drums Ltd and
Sonoco
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Market segmentation

The global market for industrial pails has been segmented by material type, capacity, end user and by region.

Region

North America
Latin America
Europe
Japan
APEJ
MEA
Material Type

High Density Polyethylene
Low Density Polyethylene
Polypropylene
Steel
Aluminium
Tin
Other Materials
Capacity

1 Gal
3 Gal
4 Gal
6 Gal
9 Gal
10 Gal
12 Gal
End User

Agriculture
Chemical
Pharmaceuticals
Food & Beverage
Petrochemical
Building & Construction
Plastic & Rubber
Automotive
Mining & Metals
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This release was published on openPR.