Industrial Drums Market - Product Type, By Capacity, By End Use Industry, Analysis, Share, Growth Forecast, 2025 - 2034

Report ID: GMI12395
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Published Date: November 2024
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Report Format: PDF

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Industrial Drums Market Size

The global industrial drums market was valued at USD 14.8 billion in 2024 and is estimated to grow at a CAGR of 6.8% from 2025 to 2034.  
 

Industrial Drums Market

The industrial drums market is growing because of the increase in demand for chemicals, pharmaceuticals, food and beverage, and logistics sectors. The increased need for secure, durable, and reusable packaging solutions for hazardous materials and bulk goods has been driving the demand. In addition, the market growth can also be attributed to the tendency of businesses to adopt more environmentally friendly packaging and innovations in drum manufacturing technology, such as the introduction of polyethylene. With the growing needs of the market, the companies are also scaling up their production capabilities by changing and further investing in more advanced and environmentally friendly means of production which are more advanced. This trend is further proven by the new production lines meant to improve the industrial drums that will meet market expectations.

For instance, in February 2024, Schutz launched a new extrusion blow molding line at their Karawang plant for the first time in Indonesia, aimed at producing the F1 220-liter polyethylene (PE) tight head drum. Such investment, helps in expanding the product portfolio of the business so that it can have a flexible structure.  
 

Industrial Drums Market Trends

Several key trends in the industrial drum market are shaping this industry landscape. One of the significant ones is the shift in demand toward customized and specialty drums, as applied to specific industry applications, such as very high chemical resistance or specific weight capacities. This is driven by special storage and transportation needs for chemicals, pharmaceuticals, and food and beverages. New materials such as high-density polyethylene (HDPE) and polypropylene (PP) are gaining acceptance due to their enhanced durability and safety features.  Additional applications that are gradually becoming popular involve the use of RFID tags on industrial drums in regard to content tracking and monitoring. Yet another emerging aspect of IoT-based real-time industrial drum monitoring can improve logistics and supply chain performance for businesses operating in bulk product delivery where product details are expected.   
 

Industrial Drums Market Analysis

New opportunities in the industrial drums industry arise with an increased focus on automation and smart technologies. Industries are further streamlining operations, which means integrating robotics in drum manufacturing will be able to open up new avenues for higher production speeds and cost reduction. Also, 3D printing of customized drum components is on the rise, thus allowing flexibility in design and turnaround times. Another area that can be seen as an opportunity is personal branding and labeling. This provides a company the ability to individualize its product in a very competitive marketplace. Retail branding accompanied by the labelling of industrial drums can contribute a lot. One of the significant challenges for industry is drum maintenance and life.
 

Drums may wear down due to regular use, extreme chemicals, or environmental conditions, thus reducing the life of a drum and also increasing the costs of maintenance over time. These factors will be minimized if regular drum inspections, repairing, and proper storage are maintained. However, drum lifespan management is one of the inseparable growing challenges that most industries involving high-volume or high risk operations usually face.
 

Global Industrial Drums Market Size, By Product Type, 2022 - 2034 (USD Billion)

Based on product type, the industrial drums market is segmented into steel drum, plastic drum, and fiber drum. The steel drum segment dominated the market with a market share of over 40% in 2024.
 

  • The steel drum segment is on an upward growth due to the durability and its high resistance to extreme temperatures, chemicals, and pressure, hence its suitability in moving hazardous and non-hazardous materials across all industries.Steel drums find application in various sectors, including chemicals, oil and gas, and pharmaceuticals, where strong packaging is of utmost importance for safe handling and storage.
     
  • The steel drums can be recycled and reused, therefore meeting the sustainability goals. They are becoming popular among environmental-friendly companies because of their non-toxic content. Recent improvements in sealing and corrosion-resistant coating have further advanced their use within industries, establishing steel drums as a preferred means for secure long-term packaging.

 

Global Industrial Drums Market Share, By Capacity, 2024

Based on capacity, the industrial drums market is divided into less than 100 liters, 100 to 250 liters, 251 to 500 liters, and above 500 liters. The above 500 Liters segment is projected to grow at a CAGR of over 8.5% and is expected to reach over USD 5 billion by 2034.
 

  • Above 500 litres capacity drum is growing steadily with the increased necessity of bulk storage and transportation needs in chemicals, oil and gas, agriculture and food and beverages. Above 500 liters drums are used in high operations where many liquids or solids have to be stored or carried safely in great quantities. They have been especially designed for the efficient and secure storage of large volumes of bulk chemicals, industrial lubricants, agricultural products, and large volumes of food ingredients.
     
  • Growth in the global supply chain, together with the need for cheaper and better mass treatment, has led to the growth of industrial LTL shipping, which has made large drums much easier to transport, as they are supplied with features such as corrosion-resistant materials and solid walls designed to ensure transport safety.
     
U.S. Industrial Drums Market Size, 2022-2034 (USD Billion)

North America dominated the market with a market share of over 25% in 2024. The U.S. industrial drums market has experienced rapid growth in sales due to the increase in the demand for bulk storage solutions in the chemical, pharmaceutical and food and beverage industries. The U.S. leads the world in innovation and focuses on developing durable, highly specialized, and powerful drum solutions for hazardous components and high-risk industries. In addition, trends such as automated production lines and intelligent monitoring systems have begun to emerge on the US market, allowing companies to improve their operations and stock control.
 

The rapid industrialization and growth of manufacturing industries in China are driving the industrial drum market growth. China has become a world leader in production and exports and is facing an increasing demand for chemicals and construction materials packed in cheap but reliable bulk packaging, and the trend continues to increase. The market is also experiencing demand for advanced materials and heavy drums that can maintain extreme conditions. The growth of the Indian market is supported by the growth of the chemical, automotive and food industries.
 

India's industrial drums market is growing steadily due to the rapid expansion of chemical, automotive, and food industries.The demand for industrial drums in India is rising because of its thriving manufacturing sector, which needs efficient and secure bulk packaging solutions. Moreover, the increasing focus of India on infrastructure development is adding to the use of industrial drums in construction and raw materials logistics.
 

The industrial drums industry in Japan focuses on precision, quality, and innovation. With a highly developed manufacturing sector, Japan is considered a leader in the specialized sectors of industrial drums for chemical, electronics, and pharmaceutical sectors. Adoption of smart packaging solutions with RFID tags and IoT technology for more efficient logistics and inventory management is on the rise in the market.
 

The South Korea industrial drums market developed and expanded through emphasis on drums having a strong performance material combined with innovative drum designs. Requirements in chemicals, automotive, as well as the electronics industries concerning safe and secured packaging drive demand from the South Korean manufacturer into increased investments regarding high production technology. Growing exports and other strong industries of the South Korean bases create an avenue that propels demand for additional strength and tailored drum solutions so that these become appropriate in several world supply chains.
 

Germany's industrial drum market is influenced by Germany's position as a leader in industrial engineering and manufacturing. Germany is witnessing an increase in the industrial drum market, mainly in the chemical, automotive, and food industries. The automation and advanced materials in Germany, which are integral to the German manufacturing process, have become the focus for packaging solutions in Germany. Technological discovery of the IoT and rapid development in this area have increased the efficiency and transparency of supply chain management in the country.
 

Industrial Drums Market Share

The market for industrial drums is very competitive, and participants are fighting for various strategic elements. Product differentiation plays a huge role, where the manufacturers focuses on unique designs of the drums, specialty materials, and even more feature improvements such as better durability and chemical resistance that suit the industries in chemicals, pharmaceuticals, and food sectors. Price competition is also a critical force, as companies are looking for affordable solutions that are still acceptable in quality. Supply chains and networks are also a means of maintaining a competitive advantage as companies strive to improve efficiency in meeting demand wherever it is located. Besides, customer support and service and adaptability to special needs in a specific industry are more in demand nowadays to win more market share.
 

Industrial Drums Market Companies

Major players operating in the industrial drums industry are:

  • Balmer Lawrie
  • Cary Company
  • Enviro-Pak
  • Greif
  • Mauser Packaging Solutions (BWAY Corporation)
  • Metal Drum
  • Mitchell Container Services
  • North Coast Container
  • Orlando Drum & Container
  • Peninsula Drums
  • Rahway Steel Drum
  • Schutz
  • Sicagen
  • Snyder Industries
  • Time Technoplast
  • TPL Plastech
  • US Coexcell
     

Industrial Drums Industry News

  • In April 2024, In April 2024, Schütz Container Systems (SCS) started manufacturing PE-restricted plastic drums at a new plant in Dahej, Gujarat, India. These include the standard F1 and the new variant F2 of the F1 design specifically designed for the Indian market, with a deeper base-based grip ring for easier handling.
     
  • In August 2024, Mauser Packaging Solutions purchased an installation in Pinetown, KwaZulu Natal, South Africa to produce, sell and supply plastic drums such as solid medium containers. The company was formerly operated by Nampak Products Ltd and then acquired by Eliptotime PTY Ltd, which then transferred it to Mauser. The acquisition integrates Mauser Packaging Solutions in South Africa and complements the current production capacity and provides services and packaging solutions from five operational facilities in the region.
     

This industrial drums market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2021 to 2034, for the following segments:

Market, By Product Type

  • Metal drum
  • Plastic drum
  • Fiber drum

Market, By Capacity

  • Less than 100 liters
  • 100 to 250 liters
  • 251 to 500 liters
  • Above 500 liters

Market, By End-Use Industry

  • Food & beverages
  • Chemicals
  • Agriculture
  • Petroleum & lubricants
  • Pharmaceuticals
  • Paints, inks & dyes
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :
How much is the North America industrial drums market worth?
North America dominated the market with a share of over 25% in 2024, driven by the increasing demand for bulk storage solutions across various industries, including chemicals, pharmaceuticals, and food and beverage.
Who are some of the prominent players in the industrial drums industry?
How big is the industrial drums market?
Why is the steel drum segment dominating the market?
Industrial Drums Market Scope
  • Industrial Drums Market Size
  • Industrial Drums Market Trends
  • Industrial Drums Market Analysis
  • Industrial Drums Market Share
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    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 260

    Countries covered: 18

    Pages: 250

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