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Fibre Drums Market is expected to reach USD 1637.82 Mn by 2030, as per Maximize Market Research

10-25-2024 01:37 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Fiber Drums Market

Fiber Drums Market

The Global Fibre Drums Market size was valued at USD 949.48 Mn in 2023 and is expected to reach USD 1637.82 Mn by 2030, at a CAGR of 8.1 %.

๐…๐ข๐›๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Fibre drums are used to store and transport various items including food, agricultural supplies, plastic products, flavourings, dyes, adhesives, rolled sheet materials, and even dangerous chemicals. These drums are known for their cylindrical form, with parallel sides made of thin paperboard or unbleached Kraft paper windings. Fibre drums are known for their excellent resistance to corrosion, which is better than what steel or plastic drums can offer, thanks to the inner layer made of paper coated with foil or a poly lining.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/88181/

๐…๐ข๐›๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐

An evident trend in the industry is the move towards lighter packaging options in different sectors. Fibre drums are becoming more popular because they are lighter and easier to handle than traditional options, making them cost-effective. This shift in paradigm towards lightweight bulk containers drives the market's expansion. Increased environmental consciousness and a growing dedication to sustainability have raised the importance of fiber drums as eco-conscious packaging choices.

๐…๐ข๐›๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

There has been a gradual change in the Fiber Drums Market in North America, with a shift towards eco-friendly packaging and sustainable practices. The penetration of the market has been particularly remarkable, especially in industries like food and beverages and pharmaceuticals, where high quality and safety requirements lead to the need for fiber drums. The area has seen an increased use of fiber drums in different uses, in line with the overall trend of reducing the environmental impact of packaging. As environmental issues become more acknowledged, there is a significant opportunity for continued growth in the market with businesses placing a higher importance on eco-friendly packaging options.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/88181/

๐…๐ข๐›๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐‚๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž ๐ญ๐ฒ๐ฉ๐ž

Metal closure
Plastic closure
Fiber/cardboard closure

๐๐ฒ ๐‚๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ

25 gallons
26-50 gallons
51-75 gallons
Above 75 gallons

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Chemical industry
Food and beverages
Pharmaceuticals
Building and construction
Others

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/88181/

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

C.L. Smith Company
Enviro-Pak Inc.
Fibrestar Drums Limited
Great Western Containers Inc.
Grief, Inc.
Industrial Container Services (ICS)
Milford Barrel Co., Inc.
Orlando Drum & Container Corporation
Patrick J. Kelly Drums, Inc.
SCHTZ GmbH & Co. KGaA
Sonoco Packaging Company
The Cary Company
TPL Plastech Limited
Three Rivers Packaging Inc.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-fiber-drums-market/88181/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What was the Market size in 2023?
What is the projected demand for theFibre Drums Market?
Which are the factors expected to drive the Market growth?
What is the future projection for theFibre Drums Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

PastFibre Drums Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Fibre Drums Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

Polyethylene Insulation Materials Market was valued at USD 20.04 Bn. in 2023 and it is expected to grow at a CAGR of 7.8 %.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/polyethylene-insulation-materials-market/148748/

Drum Melter's Market size was valued at US$ xx Mn in 2021, and the total revenue is expected to grow by 6.1%.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/drum-melters-market/146899/

The PET Strap Market size was valued at USD 774.58 Million in 2023 and the total PET Strap Market revenue is expected to grow.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-pet-strap-market/95937/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

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