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Fiber Drum Market By Type of Closure, By Capacity, By End-use Industry, and Geography
Fiber Drum Market By Type of Closure, By Capacity, By End-use Industry, and Geography
Fiber Drum Market was valued at US$ 1.26 billion in 2023 and is poised to grow at a CAGR of 7.7% from 2024 to 2030. Fiber drums are used for storing and packing a variety of products like food products, medicines, colorants, dyes, agro products, adhesives, and various hazardous materials. Fiber drums are made from paper boards and kraft paper winding attached with the adhesive which provides the drum with stacking strength and handling strength. The fiber drums have better corrosion resistance compared to steel drums and plastic drums. The interior of the fiber drum is made up of plastic which is coated with foil or poly lining to minimize product contamination. As the fiber drums are made up of fiberboard, they are lightweight which is easy to carry and indirectly reduces shipping charges. New development in the fiber drums comes with the additional inner & outer lining which increases their resistance and performance in various applications. The growing environmental consciousness among consumers is influencing the demand for sustainability and lowering the environmental impact of fiber drum packaging. The demand for sustainable packaging is expected to grow in the forecasted years. Eco-friendly packaging is motivating consumers to trigger the fiber drum market growth. The use of plastic globally leads to improper waste management and produces a lot of plastic waste which fuels the growth of the fiber drum market globally. Fiber drums can be used to store or ship hazardous dangerous solids because of their inactiveness and lightweight, fiber drums are being preferred among various other available alternatives.
Study Period
2024-2030Base Year
2023CAGR
7.7%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
Fiber drum market is increasing due to environmental consciousness among the public influences the demand for sustainable and lowering impact on environment which drives the fiber drum market growth. The increase in issues related to plastics has boosted the need of an alternative material like is fiber drum which are made from fiber board. The fiber drums are light weight, economical and also has similar properties to other materials which fuels the growth of fiber drums market. Hence, this will drive the global market growth at a significant rate.
Fiber drum market is segmented based on regions into North America, Asia-pacific, Europe, and the Middle East and the Africa. Asia Pacific fiber drum market is likely to hold a significant revenue share, and in the forecasted years, it is predicted to increase rapidly due to the presence of numerous manufacturers in emerging economies such as India, Indonesia, Australia, and China. The expansion of agricultural industries in these regions, implementing effective & efficient means of storage, and increasing exports are likely to increase the market share value in this region. The North America fiber drum market is expected to have a significant growth in the forecasted years by its increase use of fiber drums in food & Beverage industries, new innovations to enhance the product application.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 1.26 billion |
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Market CAGR |
7.7% |
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By Type Of Closure |
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By Capacity |
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By End User |
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By Region |
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The fiber drum market size was valued at US$ 1.26 billion in 2023
The fiber drum market is poised to grow at a significant CAGR of 7.7% from 2024 to 2030
The leading players in the global fiber drum market are Orlando Drum & Container, Mauser Group, Fibrestar Drums, Three Rivers Packaging, Sonoco Product, Schutz Container Systems, Enviro-Pak, Industrial Container Services (ICS), CL Smith, Greif, Great Western Container, TPL Plastech
| 1.Executive Summary |
| 2.Global Fiber Drum Market Introduction |
| 2.1.Global Fiber Drum Market - Taxonomy |
| 2.2.Global Fiber Drum Market - Definitions |
| 2.2.1.Type Of Closure |
| 2.2.2.Capacity |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Fiber Drum Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Fiber Drum Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Fiber Drum Market By Type Of Closure, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Plastic Closure |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Metal Closure |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Fiber Closure |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Fiber Drum Market By Capacity, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Below 25 Gallons |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. 25-50 Gallons |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. 50-75 Gallons |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Above 75 Gallons |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Fiber Drum Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Chemical Industry |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Food & Agro Allied Industry |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Pharmaceutical Industry |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Building and Construction Industry |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Fiber Drum Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Fiber Drum Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Of Closure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Plastic Closure |
| 9.1.2.Metal Closure |
| 9.1.3.Fiber Closure |
| 9.2. Capacity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Below 25 Gallons |
| 9.2.2.25-50 Gallons |
| 9.2.3.50-75 Gallons |
| 9.2.4.Above 75 Gallons |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Chemical Industry |
| 9.3.2.Food & Agro Allied Industry |
| 9.3.3.Pharmaceutical Industry |
| 9.3.4.Building and Construction Industry |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Fiber Drum Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Of Closure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Plastic Closure |
| 10.1.2.Metal Closure |
| 10.1.3.Fiber Closure |
| 10.2. Capacity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Below 25 Gallons |
| 10.2.2.25-50 Gallons |
| 10.2.3.50-75 Gallons |
| 10.2.4.Above 75 Gallons |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Chemical Industry |
| 10.3.2.Food & Agro Allied Industry |
| 10.3.3.Pharmaceutical Industry |
| 10.3.4.Building and Construction Industry |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Fiber Drum Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Of Closure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Plastic Closure |
| 11.1.2.Metal Closure |
| 11.1.3.Fiber Closure |
| 11.2. Capacity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Below 25 Gallons |
| 11.2.2.25-50 Gallons |
| 11.2.3.50-75 Gallons |
| 11.2.4.Above 75 Gallons |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Chemical Industry |
| 11.3.2.Food & Agro Allied Industry |
| 11.3.3.Pharmaceutical Industry |
| 11.3.4.Building and Construction Industry |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Fiber Drum Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Of Closure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Plastic Closure |
| 12.1.2.Metal Closure |
| 12.1.3.Fiber Closure |
| 12.2. Capacity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Below 25 Gallons |
| 12.2.2.25-50 Gallons |
| 12.2.3.50-75 Gallons |
| 12.2.4.Above 75 Gallons |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Chemical Industry |
| 12.3.2.Food & Agro Allied Industry |
| 12.3.3.Pharmaceutical Industry |
| 12.3.4.Building and Construction Industry |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Fiber Drum Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Of Closure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Plastic Closure |
| 13.1.2.Metal Closure |
| 13.1.3.Fiber Closure |
| 13.2. Capacity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Below 25 Gallons |
| 13.2.2.25-50 Gallons |
| 13.2.3.50-75 Gallons |
| 13.2.4.Above 75 Gallons |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Chemical Industry |
| 13.3.2.Food & Agro Allied Industry |
| 13.3.3.Pharmaceutical Industry |
| 13.3.4.Building and Construction Industry |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Orlando Drum & Container |
| 14.2.2.Mauser Group |
| 14.2.3.Fibrestar Drums |
| 14.2.4.Three Rivers Packaging |
| 14.2.5.Sonoco Product |
| 14.2.6.Schutz Container Systems |
| 14.2.7.Enviro-Pak |
| 14.2.8.Industrial Container Services (ICS) |
| 14.2.9.CL Smith |
| 14.2.10.Greif |
| 14.2.11.Great Western Container |
| 14.2.12.TPL Plastech |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.