Global Industrial Drum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Steel Drum, Plastic Drum, and Fiber Drum Country.

By System;

Up to 100L, 100 to 250L, 250 to 500L, and Above 500L.

By Application;

Building & Construction, Chemical & Fertilizers, Food & Beverages, Paints, Inks, Dyes, Petroleum & Lubricants, Pharmaceuticals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn106360731 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Industrial Drum Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Drum Market was valued at USD 14,331.87 million. The size of this market is expected to increase to USD 23,316.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global industrial drum market serves as a cornerstone within the broader packaging industry, providing robust and versatile solutions for the storage, handling, and transportation of various liquids, powders, and bulk materials across diverse industrial sectors.

Industrial drums, also known as barrels or containers, come in various sizes, materials, and configurations to accommodate a wide range of products and applications. These drums are commonly constructed from materials such as steel, plastic, and fiberboard, each offering unique properties and benefits suited to specific storage and transport requirements. Industrial drums play a crucial role in industries such as chemicals, petroleum, food and beverages, pharmaceuticals, and manufacturing, providing reliable containment solutions for hazardous and non-hazardous materials alike.

The global industrial drum market is characterized by continuous innovation and technological advancements aimed at enhancing product performance, safety, and sustainability. Manufacturers are increasingly focusing on developing lightweight yet durable drum designs, incorporating advanced features such as tamper-evident closures, UN certification for hazardous materials, and eco-friendly materials for reduced environmental impact. Additionally, the integration of digital tracking technologies and RFID tags enables real-time monitoring of drum inventory, improving supply chain visibility and efficiency for businesses worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By System
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Industrial Drum Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Chemical and Petrochemical Industries
        2. Increasing Demand for Bulk Liquid Storage
        3. Expansion of Food and Beverage Manufacturing
        4. Rising Adoption of Industrial Packaging Solutions
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Environmental Regulations Impacting Drum Manufacturing
        3. Competition from Alternative Packaging Solutions
        4. Transportation and Logistics Constraints
      3. Opportunities
        1. Expansion of E-commerce Platforms for Drum Sales
        2. Adoption of Intermediate Bulk Containers (IBCs)
        3. Growth in Emerging Markets
        4. Focus on Sustainable Packaging Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Industrial Drum Market, By Type, 2021 - 2031 (USD Million)
      1. Steel Drum
      2. Plastic Drum
      3. Fiber Drum Country
    2. Global Industrial Drum Market, By System, 2021 - 2031 (USD Million)
      1. Up to 100L
      2. 100 to 250L
      3. 250 to 500L
      4. Above 500L
    3. Global Industrial Drum Market, By Application, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Chemical & Fertilizers
      3. Food & Beverages
      4. Paints
      5. Inks
      6. Dyes
      7. Petroleum & Lubricants
      8. Pharmaceuticals
      9. Others
    4. Global Industrial Drum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sicagen India
      2. Myers Container
      3. Eagle Manufacturing
      4. Time Technoplast
      5. Balmer Lawrie
      6. TPL Plastech Limited
      7. USA Coexcel
      8. The Metal Drum Company
  7. Analyst Views
  8. Future Outlook of the Market