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Global Industrial Pails Market to reach USD XX billion by 2028.

Global Industrial Pails Market to reach USD XX billion by 2028.

Product Code: CMP-37934663
Publish Date: 23-03-2022
Page: 200

Global Industrial Pails Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. An Industrial pail is a round, open container with a handle made from Plastic or Metal such as Steel, Aluminum, and tin. It is used in various industrial packaging applications for the purpose of transportation or shipping. Growing Food and Beverages industry and rising product innovations by leading market players are key drivers for the growth of Industrial Pails market. For instance, according to global database management company Statista- As of 2022, revenue in the Food segment is estimated to reach to USD 274 billion and as per projections the revenue is expected to show an annual growth rate of 23.26% from 2022 to 2025, resulting in a projected market volume of USD 513 billion by the year 2025. In recent events, in April 2021 Mauser Packaging Solutions has completed acquisition of Italy based Global Tank Srl through its Joint Venture NCG-Maider in Italy. Moreover, through this acquisition, Mauser Packaging Solutions would further extend the offering of industrial packaging products and services in the Italian market. Furthermore, in October 2021 Muller Technology has launched industry’s first hybrid pail with 75 per cent less plastic. Moreover, the 1.2-L Skel-Pac system – targeted for food and industrial packaging. Also, with the increasing demand from industrial packaging applications and growing Chemical and Adhesive industry, the adoption & demand for Industrial Pails is likely to increase the market growth during the forecast period. However, rising environmental consciousness over plastic use and fluctuating prices of raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Industrial Pails market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing chemical and adhesive industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising logistics and transportation sector and growing food and beverages industry in the region would create lucrative growth prospects for the Industrial Pails market across Asia-Pacific region.

Major market player included in this report are:
SCHÜTZ GmbH & Co., Public Ltd.
Grief Inc., Public Ltd.
Mauser Group B.V., Pvt Ltd.
Orora Packaging Australia Pty Ltd,
Balmer Lawrie & Co. Ltd,
Industrial Container Services, Pvt Ltd.
Delta Containers Direct Limited,
FDL Packaging Group,
Fibrestar Drums Ltd
Sonoco Public Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
High Density Polyethylene
Low Density Polyethylene
Other Materials
By Capacity:
1 Gal
3 Gal
4 Gal
6 Gal
9 Gal
10 Gal
12 Gal
By End Use Industries:
Food & Beverage
Building & Construction
Plastic & Rubber
Mining & Metals
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Industrial Pails Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Industrial Pails Market, by Region, 2020-2028 (USD Billion)
1.2.2. Industrial Pails Market, by Material Type, 2020-2028 (USD Billion)
1.2.3. Industrial Pails Market, by Capacity, 2020-2028 (USD Billion)
1.2.4. Industrial Pails Market, by End Use Industries, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Pails Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Pails Market Dynamics
3.1. Industrial Pails Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing Food & Beverages Industry. Rising Product innovations.
3.1.2. Market Challenges Rising environmental consciousness over plastic use. fluctuating prices of raw materials.
3.1.3. Market Opportunities Rising Demand from industrial packaging applications. Growing Chemical and Adhesive Industry.
Chapter 4. Global Industrial Pails Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Industrial Pails Market, by Material Type
6.1. Market Snapshot
6.2. Global Industrial Pails Market by Material Type, Performance – Potential Analysis
6.3. Global Industrial Pails Market Estimates & Forecasts by Material Type 2019-2028 (USD Billion)
6.4. Industrial Pails Market, Sub Segment Analysis
6.4.1. High Density Polyethylene
6.4.2. Low Density Polyethylene
6.4.3. Polypropylene
6.4.4. Steel
6.4.5. Aluminium
6.4.6. Tin
6.4.7. Other Materials
Chapter 7. Global Industrial Pails Market, by Capacity
7.1. Market Snapshot
7.2. Global Industrial Pails Market by Capacity, Performance – Potential Analysis
7.3. Global Industrial Pails Market Estimates & Forecasts by Capacity 2019-2028 (USD Billion)
7.4. Industrial Pails Market, Sub Segment Analysis
7.4.1. 1 Gal
7.4.2. 3 Gal
7.4.3. 4 Gal
7.4.4. 6 Gal
7.4.5. 9 Gal
7.4.6. 10 Gal
7.4.7. 12 Gal
Chapter 8. Global Industrial Pails Market, by End Use Industries
8.1. Market Snapshot
8.2. Global Industrial Pails Market by End Use Industries, Performance – Potential Analysis
8.3. Global Industrial Pails Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
8.4. Industrial Pails Market, Sub Segment Analysis
8.4.1. Agriculture
8.4.2. Chemical
8.4.3. Pharmaceuticals
8.4.4. Food & Beverage
8.4.5. Petrochemical
8.4.6. Building & Construction
8.4.7. Plastic & Rubber
8.4.8. Automotive
8.4.9. Mining & Metals
Chapter 9. Global Industrial Pails Market, Regional Analysis
9.1. Industrial Pails Market, Regional Market Snapshot
9.2. North America Industrial Pails Market
9.2.1. U.S. Industrial Pails Market Material Type breakdown estimates & forecasts, 2019-2028 Capacity breakdown estimates & forecasts, 2019-2028 End Use Industries breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Industrial Pails Market
9.3. Europe Industrial Pails Market Snapshot
9.3.1. U.K. Industrial Pails Market
9.3.2. Germany Industrial Pails Market
9.3.3. France Industrial Pails Market
9.3.4. Spain Industrial Pails Market
9.3.5. Italy Industrial Pails Market
9.3.6. Rest of Europe Industrial Pails Market
9.4. Asia-Pacific Industrial Pails Market Snapshot
9.4.1. China Industrial Pails Market
9.4.2. India Industrial Pails Market
9.4.3. Japan Industrial Pails Market
9.4.4. Australia Industrial Pails Market
9.4.5. South Korea Industrial Pails Market
9.4.6. Rest of Asia Pacific Industrial Pails Market
9.5. Latin America Industrial Pails Market Snapshot
9.5.1. Brazil Industrial Pails Market
9.5.2. Mexico Industrial Pails Market
9.6. Rest of The World Industrial Pails Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. SCHÜTZ GmbH & Co., Public Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments

10.2.2. Grief Inc., Public Ltd.
10.2.3. Mauser Group B.V., Pvt Ltd.
10.2.4. Orora Packaging Australia Pty Ltd,
10.2.5. Balmer Lawrie & Co. Ltd,
10.2.6. Industrial Container Services, Pvt Ltd.
10.2.7. Delta Containers Direct Limited,
10.2.8. FDL Packaging Group,
10.2.9. Fibrestar Drums Ltd
10.2.10. Sonoco Public Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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