India Plastic Drums Market (2024-2030) | Forecast, Companies, Trends, Revenue, Growth, Analysis, Outlook, Share, Value, Industry & Size

India Plastic Drums Market Synopsis

The India plastic drums market is estimated to reach USD 6.8 billion by 2026, growing at a CAGR of 10.1% during the forecast period 2020-2026. Plastic drum are containers used for packaging of materials such as food items, chemicals and paints among others that are corrosive in nature or need protection from environmental conditions. Increase in demand for safe and secure storage solutions along with rise in usage of plastic drums across various industries owing to its cost effectiveness has boosted the growth of this market over the years.

Drivers of the Market:

1. Increasing Demand from Pharmaceuticals Industry: Rise in demand for pharma grade plastic drums due to stringent safety regulations imposed by government bodies on the packaging industry will propel the market growth during this forecast period. These drums provide an effective barrier against moisture, oxygen & other contaminants which makes them suitable for pharmaceutical products which require additional care while transporting & storing them safely leading to their increased acceptance within this sector thus driving up sales figure significantly over time.

2. Growing Use In Food Industries : The use of plastic drums has gained traction in recent times due to availability of food grade variants having higher resistance properties against seepage and deterioration aiding its adoption as preferred choice among many manufacturers worldwide propelling demand further upwards . Furthermore increase in awareness regarding hygienic storage solutions have generated more opportunities within this domain opening new avenues for revenue generation leading to overall market expansion .

Trends of the Market:

1) Replacement Of Steel Drums With Plastic Drums: Owing To Its Light Weight And Cost Effective Nature More Manufacturers Are Replacing Steel Drums Utilized For Packaging With Plastic Ones Resulting In Better Storage Solutions For Various Industries Such As Chemical , Paint Etc Leading To Greater Adoption Rates Fueling Market Growth Over Time .

2) Usage Of Reusable Containers : Companies Are Now Moving Towards Sustainable Packaging Alternatives By Using Recyclable Containers , This Practice Is Expected To Have Significant Impact On The Overall Market Dynamics As It Reduces Waste Generation Due To Non ? Biodegradable Plastics Further Propelling Its Demand Within Various Sectors Driving Sales Figures Higher Yearly.

Challenges of the Market:

Lack Of Testing Facilities : Most Countries Do Not Have Enough Testing Facilities Available That Can Provide Accurate Test Reports On Qualities Including Resistance Strength , Seepage Capacity Etc Making It Difficult For Manufacturers To Produce Products Having Consistent

Key Highlights of the Report:

• India Plastic Drums Market Outlook
• Market Size of India Plastic Drums Market, 2023
• Forecast of India Plastic Drums Market, 2030
• Historical Data and Forecast of India Plastic Drums Revenues & Volume for the Period 2020-2030
• India Plastic Drums Market Trend Evolution
• India Plastic Drums Market Drivers and Challenges
• India Plastic Drums Price Trends
• India Plastic Drums Porter's Five Forces
• India Plastic Drums Industry Life Cycle
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Material Type for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Polyethylene (PE) for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By LDPE for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By LLDPE for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By HDPE for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Polypropylene (PP) for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Head Type for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Open head for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Tight head for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Capacity for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Less than 10 gallons for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By 10-30 gallons for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By 30-55 gallons for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By 55 gallons and above for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Food & Beverages for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Chemical & Petrochemicals for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Building and Construction for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Agriculture for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Oil and lubricants for the Period 2020-2030
• Historical Data and Forecast of India Plastic Drums Market Revenues & Volume By Others for the Period 2020-2030
• India Plastic Drums Import Export Trade Statistics
• Market Opportunity Assessment By Material Type
• Market Opportunity Assessment By Head Type
• Market Opportunity Assessment By Capacity
• Market Opportunity Assessment By End-users
• India Plastic Drums Top Companies Market Share
• India Plastic Drums Competitive Benchmarking By Technical and Operational Parameters
• India Plastic Drums Company Profiles
• India Plastic Drums Key Strategic Recommendations

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