Plastic Pails Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Plastic pails or buckets are the containers for holding large quantities of products manufactured for industrial, paint & coatings, food etc. These are generally tend to be portable, round containers used for transportation or storage of a range of materials in the small quantities. The shift from the manufacturing of metal to plastic packaging solutions has entirely changed the market landscape over the last two decades. Thus, novel packaging solutions such as plastic pails, which are lighter in weight as well as comparatively cost-effective, play a defining role in overcoming these challenges.

MARKET DYNAMICS

The increasing demand from food & beverage ingredients, oil lubricants and chemical sectors is expected to be the key driving factor for the global plastic pails market. Globally, industrial chemical manufacturers are inclined towards the use of cost-effective and lightweight yet long-lasting packaging solutions for bulk liquid packaging requirements. Plastic pails meet these requirements and thus, find foremost application in the industrial chemical sector. Additionally, the growing demand for dyes, coating, paints, adhesives, etc. across varied geographies is playing a pivotal role in propelling the demand for plastic pails.

MARKET SCOPE

The "Global Plastic Pails (Plastic Bucket) Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the plastic pails (plastic bucket) market with detailed market segmentation by type, material type, and distribution channel. The global plastic pails (plastic bucket) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic pails (plastic bucket) market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The plastic pails (plastic bucket) market is segmented into type, material type and distribution channel. By type, the plastic pails (plastic bucket) market is bifurcated into open head and close head. By material type, the plastic pails (plastic bucket) market is bifurcated into PE, PP, PET, PVC and other. By distribution channel, the plastic pails (plastic bucket) market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the plastic pails (plastic bucket) market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The plastic pails (plastic bucket) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the plastic pails (plastic bucket) market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the plastic pails (plastic bucket) market in these regions.

MARKET PLAYERS

The report covers vital developments in the plastic pails (plastic bucket) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from plastic pails (plastic bucket) market are anticipated to lucrative growth opportunities in the future with the rising demand for plastic pails (plastic bucket) in the global market. Below mentioned is the list of few companies engaged in the plastic pails (plastic bucket) market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plastic pails (plastic bucket) market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•  Grief
  
•  CL Smith
  
•  BWAY Corporation
  
•  NCI Packaging
  
•  FDL Packaging Group
  
•  Great Western Containers Inc.
  
•  Berry Global Inc.
  
•  Schutz GmbH & Co. KGaA
  
•  Basco Corporation
  
•  Kay Industries
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Plastic Pails Report Scope