Global Fiber Drums Market is accounted for $480.84 million in 2020 and is expected to reach $937.21 million by 2028 growing at a CAGR of 8.7% during the forecast period. Increase in demand for secure food supplies, recyclability of fiber drums and growth in retail sector are driving the market growth.
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By geography, North America is going to have high growth during the forecast period as the region is expected to provide ample opportunities to the market during the forecast period. The region has also witnessed major demand for fiber drums in sectors like construction, and building which is expected to the boost the market growth.
Some of the key players profiled in the Fiber Drums Market include Berlin Packaging, C.L Smith Company, Enviro-Pak, Inc., Fibre Drum Company, Fibrestar Drums Limited, Great Western Containers Inc., Grief Inc, Industrial Container Services, Inc., Mauser Group N.V., Milford Barrel Co Inc., Orlando Drum & Container Corporation, Patrick J. Kelly Drums, Schutz Container Systems, Inc., Sonoco Products Company and Three Rivers Packaging Inc.
Closure Types Covered in Fiber Drums Market
• Fiber/Cardboard Closure
• Metal Closure
• Plastic Closure
Liners Covered:
• Aluminium Foil
• Foam
• Polyethylene
Capacities Covered:
• Upto 25 Gallons
• 25-50 Gallons
• 50-75 Gallons
• Above 75 Gallons
Applications Covered:
• Cable
• Grains
• Granules
• Hazardous waste
• Liquids
• Powders
• Tablets
End Users Covered:
• Agricultural
• Building & Construction
• Chemical
• Food & Beverages
• Pharmaceutical
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