The market research forecasts future growth and provides an in-depth examination of global and regional markets. The research report includes innovations, company profiles with revenue projections, and market growth forecasts. The global Jerry Cans market forecast research report investigates the competitive growth prospects of the industry, as well as market impediments, challenges, threats, and future growth opportunities.
The Jerry Cans Market size was USD 2.83 billion in 2022 and is expected to Reach USD 3.99 billion by 2030 and grow at a CAGR of 4.4% over the forecast period of 2023–2030.
Some major key players in the Jerry Cans market are Greif Inc, Myers Industries Inc, Barrier Plastics Inc, Wilkinson Containers Ltd, DS Smith Plastics Ltd, Can-One Berhad, Time Technoplast Ltd, California Plastics Products, Nexus Packaging Ltd, Carrick Packaging and other players.
The most recent industry trends are examined, revealing critical information about the market’s current state. The study also contains data on strategic investments made by industry leaders. The Jerry Cans market study is compiled with the assistance of industry experts to obtain an accurate assessment of the industry and to validate the results. To provide up-to-date industry information, the market study provides extensive information, with market values represented in various statistical forms, such as graphs and tables.
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Research Methodology
The Jerry Cans market research report examines the evolution of the industry in depth, assisting market participants in evaluating the market and gaining valuable industry insights. The study will help businesses develop strategies for exploring market potential and providing advanced healthcare solutions. A thorough review of businesses is included in the research, as is a PESTEL analysis to determine the most important factors influencing a business. It also includes information about competitors, competitor spending, and business opportunities for newcomers.
KEY MARKET SEGMENTS
By Material
- Plastic
- Metal
Based on Material, Plastic is the dominant subsegment globally. The plastic segment is estimated to hold around 80 % market share. The plastic is easily available raw material due to which it is most common used packaging material.
By Capacity
- 20–40 liters
- 40–60 liters
- 60–80 liters
- Others
The 20 Litres segment is dominating the market by capacity. This is due to the increased demand from end use industries such as agrochemicals, petrochemicals.
By Shape
- Round
- Stackable
- Square
- Others
In 2022, By Shape the square segment dominated the global market. The square shape is easy to handle and store the liquid items. Hence, they are more preferable. They are more rigid and have high strength. 1140 x 1140 mm pallet is ideal dimensions for the usage.
By Manufacturing Process
- Blow Molding
- Compression Molding
- Injection Molding
Based on the manufacturing process, blow molding is holding a significant market share.
By End Use
- Food Beverages
- Pharmaceuticals
- Oil Lubricants
- Chemicals
- Agrochemicals
- Others
Food Beverages end use segment accounted for the largest market share of around more than 60 %. In this industry the jerry cans are widely used in transportation of liquid items such as sauces, liquid food. Along with this the increased alcoholic beverages consumptions is giving boost to the segment growth.
Regional Analysis
To separate the market and provide data specific to each region, the Jerry Cans market has been divided into regions. The market research report includes regional data, as well as related values and projected growth rates. The market research includes a geographical examination of the major regions, including North America, Asia-Pacific, Europe, the Middle East and Africa, and Latin America, as well as regional market growth projections. The market has been extensively researched in order to assess regional development, opportunities, regional trade perspectives, and market challenges.
Competitive Outlook
The research analysis includes all of the leading companies in the Jerry Cans market, as well as competitors. A SWOT analysis is used to investigate the competitive environment and major players in an industry. The research on the competitive background and company details reveals the companies’ strengths, weaknesses, opportunities, and risks. The report discusses current market practices of industry participants and leading companies, as well as ongoing research and development projects, new product releases, and company expenditures.
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