Products like food items and flavourings, dyes and colourants, adhesives, rolled sheet material, and numerous hazardous chemicals are all shipped and stored in fibre drums. Fiber drums have a circular cross-section and parallel side walls made of unbleached Kraft paper windings or thin paperboard.
Fiber drums are incredibly light since they are built of fiberboard. They consequently lower delivery costs. The APEJ and North America are two key organising factors for the global Fibre drums market . The market is expected to be largely influenced by high demand from applications from end-use industries such as chemicals, food, and agro-based industries.
Request for Free Sample Copy@ https://www.persistencemarketresearch.com/samples/31737
The expanding retail industry and rising preference for lightweight bulk containers are two major factors influencing the fibre drums market. The fact that fibre drums are 100% recyclable is their greatest benefit.
The majority of fibre drums used to transport and store liquid goods like adhesives and dyestuff can have their interiors lined with a variety of coatings or insoluble materials like silicon, polyethylene, or polyester. Two fundamental tests—the drop test and the stacking or compression test—are used to assess a fibre drum’s performance and quality.
Regional Outlook of Fiber Drums Market
-
- North America is estimated to dominate the global fiber drums market share with nearly one-fourth share. The chemicals segment is boosting the sales of fiber drums in almost all regions, as result of increasing demand containing and transporting various chemicals.
- The COVID-19 pandemic has impacted business across all regions, but established economies such as USA and China are likely to recover quickly to hold a firm grip over the market. East Asia and South Asia are considered to be regions with the highest growth rates, owing to continuously expanding pharmaceutical and chemical industries in these regions.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/31737
Fiber Drums Market: Structure Analysis
The global fiber drums market is moderately consolidated in nature. Tier-1 players account for around half of the market value share. Key participants in the global fiber packaging materials market are Grief Inc., Cary Company, Mauser Packaging, Schutz – packaging, Sonoco, Great Western Containers, and Fibre Star. To gain a competitive advantage in the market, global leaders are continuously investing in R&D activities to provide products as per the changing requirements of customers.
Fiber Drums Market: Segmentation
PMR’s research study on the global fiber drums market offers a detailed market analysis, wherein, key segments have been discussed in detail. The segmentation of the fiber drums has been offered on the basis of closure, capacity, end-use industry, and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the study.
Fiber Drums Market By Closure
-
- Metal Closures
- Plastic Closures
- Fiber Closures
Fiber Drums Market By Capacity
-
- Below 25 Gallons
- 25-50 Gallons
- 50-75 Gallons
- Above 75 Gallons
Fiber Drums Market By End-use Industry
-
- Chemical Industry
- Food & Agro Allied Industry
- Pharmaceutical Industry
- Building & Construction Industry
- Others
Fiber Drums Market By Region
-
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
The fiber drums market research report includes a competitive landscape that provides a dashboard view of key competitors operating in the market.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/31737
About Us
About Consumer Goods Division at Persistence Market Research.The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.
Contact Us
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com