Fiber Barrels Market Size, Share - Industry Trend and Forecast 2017 - 2027

"The Latest Research Report Fiber Barrels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2017 to 2027 along with the growth rate (CAGR) from 2017 to 2027, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

Global Fiber Barrels Market: Overview

Over the years, the demand for high-quality industrial packaging solutions has witnessed a significant thrust across the globe. Manufacturers readily prefer the eco-friendly packaging containers which are made with the use of renewable raw materials. One of such novel solution is the fiber barrels which satisfy the above criteria. Fiber Barrels offer cost-effective and lightweights packaging containers usually to handle medium to heavyweight jobs. Fiber barrels form ideal storage containers for products such as solids, granules, powder, semi-liquid as well as hazardous materials. Additionally, Fiber barrels are entirely recyclable by nature. Thus, major industries such as food & beverages, pharmaceutical, Industrial chemicals, etc. heavily rely on fiber barrels for storage and shipping of its products.

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Global Fiber Barrels Market: Drivers & Restraints

Growth in demand for fiber barrels is anticipated to witness a robust growth over the coming decade for a number of reasons. A major trend that contributes to stimulate the growth of this fiber barrels market is the rising popularity and acceptance of biodegradable materials for end use packaging. Likewise the growing commodity trade among various countries across the globe is estimated to fuel the demand for fiber barrels over the forecast period. Moreover, expanded use of larger size fiber barrels with enhanced performance and this also forms cost-effective container solutions compared to other available in the market. On the other hand, lack of product awareness between the product manufacturers is the key restraining factors that hamper the growth of the fiber barrels market. Additionally, growing number plastic alternatives which are comparatively less expensive than paperboard containers is another main restraining factor towards the growth of the global fiber barrels market.

Global Fiber Barrels Market: Segmentation

The global fiber barrels market is segmented as follows

On the basis of design of container, the global fiber barrels market is segmented into:

Light-duty container
Medium-duty container
Heavy-duty container

On the basis of capacity, the global fiber barrels market is segmented into:

Below 10 gallon
Between 10 to 20 gallons
Between 20 to 40 gallons
Between 40 to 55 gallons
Between 55 to 75 gallons
Above 75 gallons

On the basis of applications, the global fiber barrels market is segmented into:

Food & Beverages
Paints, Inks & Dyes
Pharmaceuticals & Cosmetic
Industrial Chemicals
Others

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Global Fiber Barrels Market: Regional Overview

Geographically, the fiber barrels market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The global fiber barrels market is likely to witness a blistering growth during the forecast period owing to the growing customer inclination towards the use of biodegradable packaging solution. North America, as well as the European region, likely showcases a moderate growth throughout the forecast period as the paperboard packaging market is well established in these regions. The APAC region is likely to be valued as the most lucrative marketplace for the growth of fiber barrels market as a result of increased end-use storage applications in the developing economies over the forecast period. Countries like China & India are expected to be the largest consumers of fiber barrels owing to growing demand from the manufacturing industry. Hence, in the near future, the fiber packaging market in emerging economies are likely to witness inclusive growth. Similarly, with growing application of fiber barrels in packaging of paints & inks of industrial chemicals in the Middle East & African regions are likely to create opportunities for the fiber barrels manufacturers over the forecast period.

Overall, the global fiber barrels market is estimated to grow at a healthy CAGR over the forecast period

Global Fiber Barrels Market: Key Players

Some of the key players that operate in the fiber barrels market across the globe are Youngstown Barrel & Drum Co., Mauser USA, LLC., Fibrestar Drums Limited., McManus Drum Company, Inc., Uline, Inc., BASCO, Inc., Lexington Container Company., Pack A Barrel., and many more.

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.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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