Canada's plastic drum market is set to grow at a 3.8% CAGR, driven by rising demand from manufacturing, agriculture, and expanding industrial sectors.
NEWARK, DE, UNITED STATES, April 22, 2025 /
EINPresswire.com/ -- The global
๐ฉ๐ฅ๐๐ฌ๐ญ๐ข๐ ๐๐ซ๐ฎ๐ฆ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ is set for robust growth, with a projected value of ๐๐๐ ๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2035, expanding at a ๐๐๐๐ ๐จ๐ ๐.๐% from 2025 to 2035. The market, currently valued at USD 4.6 billion in 2024, is anticipated to grow incrementally by USD 2.0 billion over the forecast period, achieving 1.4x growth by 2035.
The plastic drums industry is witnessing robust growth due to their widespread application in various industries such as chemicals, food and beverages, pharmaceuticals, and agriculture. These drums are preferred for their durability, lightweight nature, corrosion resistance, and ability to safely store and transport hazardous and non-hazardous materials. The increasing demand for efficient packaging solutions, particularly in developing economies, is a significant driver for the growth of this market.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ โ ๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ
https://www.futuremarketinsights.com/report-sample#5245502d47422d37323137
A major factor propelling demand is the expansion of the global chemical industry. Plastic drums are vital for the safe storage and transportation of chemicals due to their chemical resistance and leak-proof qualities. Similarly, the rise in processed food consumption and pharmaceutical products has also bolstered the need for hygienic and reliable packaging solutions, further driving the market.
Sustainability is shaping future trends in the plastic drums industry. With environmental regulations tightening globally, manufacturers are focusing on producing recyclable and reusable drums. The incorporation of recycled plastic and the development of
๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐ฉ๐๐๐ค๐๐ ๐ข๐ง๐ are gaining momentum. Furthermore, advancements in drum designs, such as stackable and space-efficient models, are improving logistics and storage capabilities.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐ ๐๐ซ๐ฎ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
โข The global plastic drums market recorded a CAGR of 2.2% between 2020 and 2024.
โข Market value reached USD 4.6 billion in 2024.
โข Canada is expected to lead in North America, with a CAGR of 3.8% through 2035.
โข India is projected to see a CAGR of 5.9% in South Asia and the Pacific by 2035.
โข Polyethylene (PE) is estimated to hold a 71.5% market share by 2035.
โข The 35โ55-gallon capacity segment is expected to dominate with a 55.2% market share by 2035.
๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐ง๐ ๐๐๐ญ๐ซ๐จ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐ฏ๐๐ซ ๐๐% ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐
The chemicals and petrochemicals sector dominates the plastic drums market, driven by the need for bulk storage and safe transportation of hazardous and non-hazardous materials. Plastic drums are favored for their chemical resistance, durability, and cost-effectiveness, making them essential for handling solvents, oils, and gases.
Closed-head plastic drums are particularly in demand due to their leakage resistance and secure sealing, which are critical for liquid storage and hazardous material transport.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐๐ฌ โ ๐๐ข๐ฏ๐ ๐ข๐ง๐ญ๐จ ๐ญ๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐ฏ๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐ญ๐ซ๐๐ง๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ
๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐
๐จ๐ซ๐ฆ๐๐ญ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ.
๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ฆ๐๐ง๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ข๐ฌ๐
The growing need for efficient waste collection and management is fueling the demand for plastic drums. These drums are ideal for the safe storage and transport of hazardous waste, oils, and chemicals due to their strength, leak-proof design, and chemical resistance.
According to UNEP, global municipal solid waste generation is projected to reach 3.8 billion tonnes by 2050, creating an urgent need for effective containment solutions. Plastic drums play a vital role in addressing this global waste challenge.
๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐
๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
The food and beverage industry is driving the uptake of FDA-approved food-grade plastic drums for storing and transporting edible oils, syrups, flavoring agents, and beverages. The hygienic and contamination-resistant properties of plastic drums make them ideal for perishable goods. Additionally, the rising demand for bulk storage and export solutions in the food sector further propels market growth.
๐
๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ: Increasing global waste generation and need for efficient disposal solutions will drive demand for plastic drums in waste collection and recycling.
โข ๐
๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง: The growing need for food-safe storage and bulk transport of liquids, oils, and syrups will boost plastic drum adoption in the food sector.
โข ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก: Continued expansion in the chemicals and petrochemicals industries will increase the need for durable, leak-proof plastic drums for storing hazardous materials.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Key players in the plastic drums business are creating and bringing new goods into the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌโ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ!
https://www.futuremarketinsights.com/reports/plastic-drums-market
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐๐ฌ๐ญ๐ข๐ ๐๐ซ๐ฎ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
โข Mauser Packaging Solutions
โข Greif, Inc.
โข Schรผtz GmbH & Co. KGaA.
โข C.L. Smith
โข Time Technoplast Ltd.
โข Cospak
โข CurTec
โข Eagle Manufacturing
โข The Cary Company
๐๐ฅ๐๐ฌ๐ญ๐ข๐ ๐๐ซ๐ฎ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ:
In terms of material, the plastic drums market is divided into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC) and composite materials. Polyethylene material further include high density polyethylene (HDPE) and low density polyethylene (LDPE).
๐๐ฒ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ:
Different plastic drums capacities include less than 35 gallons, 35 โ 50 gallons and above 50 gallons.
๐๐ฒ ๐๐๐๐ ๐๐ฒ๐ฉ๐:
Tow head types in the plastic drums market are open head and closed head.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐:
End user in the plastic drums market include chemicals and petrochemical, food and beverage, pharmaceuticals, paints, coatings and inks, agriculture, water and waste management, automotive, personal care & cosmetics, industrial and specialty applications.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐
๐๐โ๐ฌ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐ข๐งโฏ๐ญ๐ก๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐จ๐ฆ๐๐ข๐ง:
The global sales of ๐ฆ๐๐๐ก๐ข๐ง๐ ๐ ๐ฅ๐๐ณ๐๐ ๐ฉ๐๐ฉ๐๐ซ are estimated to be worth USD 14,300.2 million in 2024 and are anticipated to reach a value of USD 22,353.6 million by 2034. -
https://www.futuremarketinsights.com/reports/machine-glazed-paper-market
The market for ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐ฉ๐๐๐ค๐๐ ๐ข๐ง๐ is estimated to generate a market size of USD 2,107.7 million in 2025 and would increase to USD 3,150.0 million by 2035. -
https://www.futuremarketinsights.com/reports/industrial-electronics-packaging-market
The global sales of ๐ฉ๐๐ฉ๐๐ซ ๐๐๐ ๐ ๐ฉ๐ซ๐จ๐ญ๐๐๐ญ๐จ๐ซ are estimated to be worth USD 3,206.2 million in 2025 and anticipated to reach a value of USD 4,979.1 million by 2035. -
https://www.futuremarketinsights.com/reports/paper-edge-protectors-market
The ๐ฉ๐ฅ๐๐ฌ๐ญ๐ข๐ ๐ฃ๐๐ซ ๐ฉ๐๐๐ค๐๐ ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ size is estimated to be worth USD 18,535.9 million in 2024 and is anticipated to reach a value of USD 28,599.0 million by 2034. -
https://www.futuremarketinsights.com/reports/plastic-jar-packaging-market
The ๐๐๐ ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ is capturing a valuation of USD 217.1 million in 2023 and is predicted to reach USD 385.1 million by 2033. The market is registering a CAGR of 5.9% during the forecast period. -
https://www.futuremarketinsights.com/reports/bag-closures-market
The global ๐๐๐๐๐ ๐ฉ๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐ข๐ฅ๐ฆ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ has the potential to expand at a 5.5% CAGR from USD 7.14 billion in 2023 to USD 12.31 billion by 2033. -
https://www.futuremarketinsights.com/reports/bopet-films-market
The market for ๐ก๐๐๐ฏ๐ฒ ๐๐ฎ๐ญ๐ฒ ๐๐จ๐ซ๐ซ๐ฎ๐ ๐๐ญ๐๐ ๐ฉ๐๐๐ค๐๐ ๐ข๐ง๐ is estimated to generate a market size of USD 23,134.2 million in 2025 and would increase to 37,683.2 million by 2035. -
https://www.futuremarketinsights.com/reports/heavy-duty-corrugated-packaging-market
The ๐๐ ๐ฌ๐ญ๐๐๐ข๐ฅ๐ข๐ณ๐๐ ๐๐ข๐ฅ๐ฆ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ size is estimated to be USD 37.98 billion in 2025 and is expected to grow with a 5.1% CAGR rate in the years 2025 to 2035 and reach USD 62.45 billion. -
https://www.futuremarketinsights.com/reports/uv-stabilized-films-market
The market size of ๐ฆ๐จ๐ฅ๐๐๐ ๐ฐ๐จ๐จ๐ ๐ฉ๐๐ฅ๐ฅ๐๐ญ๐ฌ is estimated to be worth USD 2,944.2 million in 2025 and is anticipated to reach a value of USD 3,968.5 million by 2035. -
https://www.futuremarketinsights.com/reports/molded-wood-pallets-market
The global sales of ๐ฉ๐๐ข๐ง๐ญ ๐๐๐ง๐ฌ are estimated to be worth USD 5,561.5 million in 2025 and anticipated to reach a value of USD 8,311.9 million by 2035. -
https://www.futuremarketinsights.com/reports/paint-cans-market
๐๐๐จ๐ฎ๐ญ ๐
๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ (๐
๐๐)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website:
https://www.futuremarketinsights.comAnkush Nikam
Future Market Insights, Inc.
+ +91 90966 84197
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn