Industrial Drums Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Industrial Drums Market was valued at USD 11.61 billion in 2021 and is expected to reach USD 15.90 billion by 2027, registering a CAGR of 5.23% over the forecasted period 2022-2027. The increase in the overall demand for Industrial Drum from the Chemical and Fertilizers and Petroleum Lubricant Industries, as well as the growing focus on strengthening Supply Chain capabilities among the end-users, are the primary drivers for the industrial drums market.
Key HighlightsThe Industrial Drums Market remains quite fragmented due to the existence of numerous international, regional, and local vendors. With the growing usage of industrial drums in various end-user industries, many companies are entering the competition, making it more intensified. Some of key players of the market include Greif Inc., SCHÜTZ GmbH & Co. KGaA, and Mauser Group BV.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook