Jerry Cans Market Size, Outlook, Future Scope Analysis And Forecast To 2023
Jerry Cans Market Overview
The growing sales of automobiles and various manufacturing activities across developing economies are opening new opportunities for the growth of the market. Jerry cans are used to store and transport various chemicals, oils, and lubricants. Growing demand for leakage-free and moisture resistant packaging is expected to generate growth opportunities for the Jerry Cans Market Size. However, different regulations and standards associated with the packaging may hinder the growth of the market.
Research Analysis
For the purpose of this study, the global Jerry Cans Market Size has been divided on the basis of five segments namely material, capacity, molding process, end user, and region. On the basis of material, the market has been segmented into plastic and metal. Under the material segment, plastic accounts for the largest market share. Plastic jerry cans are preferred due to their durable, leakage-free, chemical and temperature resistant, and lightweight packaging.
On the basis of capacity, the market has been segmented into below 10 liters, 10 to 25 liters, and above 25 liters. Jerry cans below 25 liters capacity dominate the segment and are expected to grow at the highest CAGR during the forecast period. Rise in demand from various applications like food & beverages and agrochemicals driving the growth of this segment. 10–25 liters segment is also expected to register substantial growth in the forecast period.an
On the basis of molding process, the market has been segmented as blow molding, injection molding, and extrusion molding. Blow molding dominates the molding process segment of the market and is expected to grow at the highest CAGR during the forecast period. Rise in demand for transportation of oil, chemicals, and other for various industrial applications is driving the growth of this segment. Injection molding segment is expected to contribute significantly during the forecast period mainly due to increase in demand for safe and secure transportation of bulk liquids.
Key Players
The prominent players in the Jerry Cans Market Size-
- Scepter Canada Inc. (Canada)
- Mauser Group B.V. (Netherlands)
- Greif Inc. (US)
- Elkhart Plastics, Inc. (Indiana)
- Barrier Plastics
- Inc (USA)
- WERIT Kunststoffwerke W. Schneider GmbH & Co.KG (Germany)
- Denios AG (Germany)
- Parekhplast India Limited (India)
- Yates Steels Ltd (UK)
- SCHÜTZ GmbH & Co. KGaA (Germany)
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