Industrial Pails Market, By Material Type (High Density Polyethylene, Low Density Polyethylene, Polypropylene, Steel, Aluminum, Tin, Other Materials) to reach USD 10.86 billion by 2029, registering a CAGR of 5.20%

A dynamic shift in terms of packaging, transportation and storage of products is being witnessed across the packaging industries. Expansion of chemical and pharmaceutical sectors is rising the need of an industrial pails. SCHÜTZ GmbH and Co. KGaA, Greif, and BWAY Corporation are the some major players operating in this market.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-industrial-pails-market

Global industrial pails market was valued at USD 7.12 billion in 2021 and is expected to reach USD 10.86 billion by 2029, registering a CAGR of 5.20% during the forecast period of 2022-2029. High Density Polyethylene is expected to witness high growth owing to the qualities, such as exceptional toughness during the forecast period. The industrial pails market report also covers pricing analysis, patent analysis, and technological advancements in depth.   
Market Definition

An industrial pail refers to a cylindrical container that is made of materials, such as metal or plastic that is widely deployed for storage or material handling in every industrial sector. These containers feature slanted or straight sides along with a handle/bail and a cover. They are available in a wide range of sizes in accordance with the amount of material handled. Industrial pails are selected by end consumers on material compatibility.

Recent Development
Novvia Group acquired the container distribution division of Andicor Specialty Chemicals in February'2022 within Canada. The acquisition was done in order to better serve its existing and future customers and expand Canadian market.
Industrial Pails Market Share Analysis

The industrial pail market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial pail market.

Some of the major players operating in the industrial pail market are SCHÜTZ GmbH & Co. KGaA (Germany), Greif (US), BWAY Corporation (US), Industrial Container Services (US), Orora Packaging Australia Pty Ltd (Australia), Time Technoplast Ltd (India), Kaufman Container. (US), FDL Packaging Group (UK), NCI Packaging. (Austalia), Leaktite Corporation (US), E. Hofmann Plastics Inc., (Canada). among others.

Global Industrial Pails Market Scope

The industrial pail market is segmented on the basis of material type, capacity and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type
High Density Polyethylene
Low Density Polyethylene
Polypropylene
Steel
Aluminum
Tin
Other Materials

On the basis of material type, the industrial pail market is segmented into high density polyethylene, low density polyethylene, polypropylene, steel, aluminum, tin and other materials.

Capacity
1 Gal
3 Gal
4 Gal
6 Gal
9 Gal
10 Gal
12 Gal

On the basis of capacity, the industrial pail market is segmented into 1 gal, 3 gal, 4 gal, 6 gal, 9 gal, 10 gal and 12 gal.

End Use
Agriculture
Chemical
Pharmaceutical
Food and Beverage
Petrochemical
Building and Construction
Plastic and Rubber
Automotive
Mining and Metals

On the basis of end use, the industrial pail market is segmented into agriculture, chemical, pharmaceutical, food and beverage, petrochemical, building and construction, plastic and rubber, automotive, and mining and metals.

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