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Jerry Cans Market - Global Industry Analysis, Size, Share | Growth, Trends, Forecast 2024

02-06-2017 01:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Jerry Cans Market - Global Industry Analysis, Size, Share |

The global Jerry cans market is expected to witness a CAGR of around 3% during the forecast period primarily driven by the growth in the chemicals, oil and lubricant industry. Besides, features associated with jerry cans like the leak proof quality, moisture resistant factor, and odour less feature further accelerates the demand for the jerry cans market. The global Jerry cans market is expected to witness huge gains primarily due to recent innovations in the market which also meets the sustainability goals. One such recent development is the introduction of DoubleGreen COEX Jerry can by Greif Inc. This type of Jerry can was one of the first sustainable multilayer 10-liter plastic can made from sugarcane which is a sustainable resource with a stackable design that eliminated the need for a carton during transport. It was also stated that the DoubleGreen COEX jerry can reduces CO2 emissions by approximately 220 tons annually and also saved approximately 112 tons of paper.

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However, there are certain government regulations that have to be fulfilled regarding jerry cans designs as these containers are used to transport chemicals and toxic materials. There are several performance standards for packaging for each type of dangerous goods. Different regulation and packaging standards across the various countries can prove to be a hindrance for the growth of the Jerry cans market.

Jerry Cans Market Segmentation:

On the basis of end use, the global Jerry cans market is segmented into:

Chemicals
Petrochemicals
Pharmaceuticals
Agrochemicals
Oil and Lubricants
Food & Beverages
Others
On the basis of material, the global Jerry cans market is segmented into:

Plastic
HDPE
LDPE
PVC
PP
PET
Steel
On the basis of capacity, the global Jerry cans market is segmented into:

20 liters
30 liters
40 liters
50 liters
60 liters
70 liters
80 liters
Others
On the basis of shape, the global Jerry cans market is segmented into:

Round
Square
Stackable
Others
On the basis of manufacturing process, the global Jerry cans market is segmented into:

Blow Molding
Injection molding
Compression molding
Jerry Cans Market- Regional Outlook:

Geographically, the Jerry cans market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). North America is expected to witness a healthy growth in the Jerry cans market. While, the Asia Pacific region is expected to witness the maximum growth during the forecast period mainly driven by developing economies like India and China. The growing GDP, increasing manufacturing activities and growth trends in the industrial sectors is driving the demand in these developing nations. MEA and Africa are also expected to experience an above average growth in the Jerry cans market.

Jerry Cans Market- Key Players:

Some of the leading players identified across the globe in the Jerry cans market are: Scepter Canada Inc., Mauser Group B.V., Greif Inc., Elkhart Plastics, Inc., Barrier Plastics, Inc., WERIT Kunststoffwerke W. Schneider GmbH & Co.KG, Denios AG and Others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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