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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Plastic Drums market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
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Crucial information and forecast statistics covered in the Plastic Drums market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Plastic Drums Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Plastic Drums market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Plastic Drums market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Plastic Drums market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Plastic Drums Market: Key players
Some of the key players operating in the global plastic drums market are –
- Greif, Inc.
- FDL Packaging Group
- Industrial Container Services, Inc.
- Sonoco Products Company
- SCHÜTZ GmbH & Co. KGaA
- Mauser Group B.V.
- E-Con Packaging Pvt Ltd
- Delta Containers Direct Limited
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Plastic Drums Market: Segmentation
Globally the Plastic drums market is segmented on the basis of material type, head type, capacity and end – use industry which are further segmented as –
On the basis of material type, the global plastic drums market is segmented as –
- Polyethylene (PE)
- LDPE
- LLDPE
- HDPE
- Polypropylene (PP)
- Others
On the basis of head type, the global plastic drums market is segmented as –
- Open head
- Tight head
On the basis of capacity, the global plastic drums market is segmented as –
- Less than 10 gallons
- 10-30 gallons
- 30-55 gallons
- 55 gallons and above
On the basis of end – use industry, the global plastic drums market is segmented as –
- Food & Beverages
- Chemical & Petrochemicals
- Building and Construction
- Agriculture
- Pharmaceuticals
- Oil and lubricants
- Others
Important Questions Answered in the Plastic Drums Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Plastic Drums market been expanding during the forecast period?
- How will the global Plastic Drums market look like by the end of the forecast period?
- What innovative strategies are adopted by Plastic Drums market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Plastic Drums market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Plastic Drums market
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