MRO Magazine

Global Warehouse Drums and Barrels Market 2016-2020 – Key Vendors are Greif, Schutz & Sonoco – Research and Markets


May 11, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Warehouse Drums and Barrels Market 2016-2020” report to their offering.

The report forecasts the global warehouse drums and barrels market to grow at a CAGR of 2.54% during the period 2016-2020.

There has been a resurgence in the demand for drums and barrels after the recession of 2008. The construction and manufacturing industries require innovative packaging solutions for storing, handling, and distributing different chemicals. The portfolio of warehouse drums and barrels from vendors is remarkable, with their volume strength varying from 13 gallons to 58 gallons. The plastic warehouse drums and barrels segment will experience stable growth during the forecast period. The growing need for the fast and safe delivery of bulk products is pushing the demand for warehouse drums and barrels.

According to the report, a key driver of market growth is the wide range of offerings from vendors. Warehouse drums and barrels are made from a variety of materials such as plastic, steel, fiber, or a combination of these. The variety in the shapes, thickness, and sizes of warehouse drums and barrels facilitates specific industry needs. For example, Greif, one of the key vendors of warehouse drums and barrels, offers specialty drums and barrels. Its specialty steel drums segment offers the following types of drums: agitator steel drums, salvage steel drums, and Bitumen steel drums.

Further, the report states that volatility in raw material and energy prices can affect market growth.

Key vendors:

  • Greif
  • Industrial Container Services
  • Schutz
  • Sonoco

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by material

PART 07: Market segmentation by application

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/3v6fvs/global_warehouse

Research and Markets
Laura Wood, Senior Manager
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