Global Closed Head Steel Drums Market Growth 2024-2030

The global Closed Head Steel Drums market size is predicted to grow from US$ 8319 million in 2024 to US$ 11190 million in 2030; it is expected to grow at a CAGR of 5.1% from 2024 to 2030.

Closed Head Steel Drums are cylindrical containers made of durable steel, featuring a permanently sealed top with small openings (bung holes) for filling and dispensing liquids. These drums are specifically designed for the safe storage and transportation of liquids, such as chemicals, oils, and hazardous materials. The bung holes are typically fitted with threaded plugs to ensure a secure, leak-proof seal. Available in various sizes, most commonly 55 gallons (210 liters), closed head steel drums are widely used in industrial and commercial applications due to their strength, durability, and compliance with international shipping regulations.

United States market for Closed Head Steel Drums is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Closed Head Steel Drums is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Closed Head Steel Drums is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Closed Head Steel Drums players cover Greif, Mauser Packaging Solutions, Peninsula Drums, North Coast Container, Balmer Lawrie, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

LP Information, Inc. (LPI) ' newest research report, the “Closed Head Steel Drums Industry Forecast” looks at past sales and reviews total world Closed Head Steel Drums sales in 2023, providing a comprehensive analysis by region and market sector of projected Closed Head Steel Drums sales for 2024 through 2030. With Closed Head Steel Drums sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Closed Head Steel Drums industry.

This Insight Report provides a comprehensive analysis of the global Closed Head Steel Drums landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Closed Head Steel Drums portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Closed Head Steel Drums market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Closed Head Steel Drums and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Closed Head Steel Drums.

This report presents a comprehensive overview, market shares, and growth opportunities of Closed Head Steel Drums market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Capacity Below 20 Gallon
Capacity 20-55 Gallon
Capacity Above 55 Gallon

Segmentation by Application:
Chemicals
Petrochemicals
Construction
Food and Beverages
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Greif
Mauser Packaging Solutions
Peninsula Drums
North Coast Container
Balmer Lawrie
Tanks International
OMCE
SCHÜTZ ELSA
Nakano Industries
Duttenhöfer
Schuetz
The Metal Drum Company
Illing Packaging
ITP Packaging
KW Packaging
CPMC Holdings
Xianlong Packaging
Wuxi Sifang Youxin
Yingkou Dalongxing Packing
Ningxia Cangman Zhitong
Rongsheng Metal Packaging
Huayi Coopery
Jingshan Huicheng Metal Products
Yingkou Yinchuan Container Manufacturing
Qingyun First Pail Factory
Nanjing Yaosheng Packaging Barrel
Shanghai Liansheng Drum
Kaiping Xinjinrong Bucket
Shanghai Lingxin Metal Container
JFE Steel Drum

Key Questions Addressed in this Report

What is the 10-year outlook for the global Closed Head Steel Drums market?

What factors are driving Closed Head Steel Drums market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Closed Head Steel Drums market opportunities vary by end market size?

How does Closed Head Steel Drums break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.