A12407 | Pages: NA | Sep 2022 | 1417 Views | ||
Author(s) : Roshan Deshmukh | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Fiber Drum Market
Request Now !A range of items, including food and aromatic goods, colors and thinners, adherents and rolling sheets, and different hazardous chemicals, are stored and shipped using fiber drums. Circular portions feature fiber drums with parallel sidewalls constructed of fine paperboard or unbleached winding of Kraft paper. Furthermore, the layers are connected to adhesives that offer the strength to stack and handle. Compared to steel or plastic drums, fiber drums have a superior corrosion resistance since their inner coating is made of paper covered with paper or poly coating. In addition, metal or plastic rings are substituted for fiberboard lids to minimize contamination of the goods. As fiber drums are made up of fiberboard, they are lightweight. Therefore, they reduce shipping expenses. Concerning the business sector, electronics, food & drinks, and the chemical industry, the COVID-19 was negative. The supply chain has consequences in the industrial sector because of government laws, permanent lockouts, temporary closing of industries, and lack of resource crisis at industrial sites.
Market Scope and Structure Analysis                                                           Â
Report Metric | Details |
 Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Regions Covered |  North America, Europe, Asia-Pacific, and LAMEA |
 Segments Covered |  Closure, Capacity, End User, and Region |
 Companies Covered | Sonoco Products Company, Mauser Group N.V., C.L.Smith Company, Orlando Drum & Containers Corporation, Fibrestar Drums Limited, Berlin Packaging, Fibre Drum Company, Great Western Containers, Inc., Grief Inc., and SCHuTZ GmbH & Co, KGaA. |
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Growth in demand for lightweight bulk containers
The growing retail sector and rise in desire for lightweight bulk containers are the main drivers impacting the fiber drum industry. Fiber drums have a crucial benefit, they are 100% recyclable. Most fiber drums, for example, can be filled with various coatings or insoluble compounds such as silicone, polythene, or polyester used to transport and storing liquid goods, including adhesives and dyes. Two crucial tests - a drop test and a stack or compression test are conducted to verify the quality of the drum.
Ever-increasing demand from end-use industries
Fiber drums are used in various end uses and applications such as medical, food & beverages, sanitary chemicals, paints, adhesives, and a range of chemicals. New manufacturing technologies facilitate the addition of internal and external liners, which increases their resistance and performance for many new applications. Fiber drums are also available for lighter weight and lower volume products. Both design types can be UN certified for the packaging of dangerous solids. Due to their low cost, fiber drums are used by different end users over other choices.
Key Segments Covered
Closure
Capacity
End User
Region
Key Benefits of the Report
Questions Answered in the Report
Key Market Segments
Segments | Sub-segments |
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By Closure |
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By End User |
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By Region |
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Key Market Players
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