Jerrycans Market | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
The Global jerrycans market is expected to grow by $ 390.37 mn, accelerating at a CAGR of 4.27% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Jerrycans Market: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The Jerrycans Market is segmented by Material (Plastic and Steel) and Geography (APAC, Europe, North America, MEA, and South America).
- 42% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Jerrycans Market size.
Jerrycans Market: Trends, Drivers, Challenges
Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.
- A significant factor in driving the growth of the Jerrycans Market will be the increase in demand from end-user industries.
- Growth in global lubricants packaging market is another factor that will be instrumental in driving market growth during the forecast period.
- Volatility in raw material prices is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.
Jerrycans Market: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Barrier Plastics Inc., Berlin Packaging LLC, DENIOS Ltd., Greif Inc., MAUSER Corporate GmbH, Mitsuchem Plast Ltd., Myers Industries Inc., SCHUTZ GmbH & Co. KGaA, WERIT Kunststoffwerke W. Schneider GmbH and Co., and Yates Steels Ltd. are some of the major market participants.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 4.27%.
- What is the incremental growth of the market?
The market is expected to grow by $ 390.37 mn through 2021-2025.
- What is a key factor driving this market?
Increase in demand from end-user industries will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
42% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Barrier Plastics Inc., Berlin Packaging LLC, DENIOS Ltd., Greif Inc., MAUSER Corporate GmbH, Mitsuchem Plast Ltd., Myers Industries Inc., SCHUTZ GmbH & Co. KGaA, WERIT Kunststoffwerke W. Schneider GmbH and Co., and Yates Steels Ltd.
- What are the market segments covered in this report?
The market is segmented by Material (Plastic and Steel) and Geography (APAC, Europe, North America, MEA, and South America)