Hi, what are you looking for?
The jerry cans market size is expected to surpass US$ 3.2 Bn by 2031, likely to Grow Moderately at 4.4% CAGR during the assessment period. Sustained consumption of petroleum and lubrication products by manufacturing and industrial sectors continues to drive demand for jerry cans at a global level.
Despite emergence of intermediate bulk containers (IBCs) as a cost-competitive and space-conserving alternative, the demand for jerry cans remains healthy owing to high adoption by food & beverages and chemical industries.
Manufacturers are focusing on new innovative packaging to increase sales, which include refilling of gas in jerry cans. With advancements in shipping and logistics industries, manufacturers are providing gas knobs in jerry cans as a part of new innovative designs.
Furthermore, intercontinental trade of petroleum, oil, and lubricants is expected to remain positive in the next five years, thereby driving sales of jerry cans.
Get Sample of the [email protected] https://www.futuremarketinsights.com/reports/sample/rep-gb-5801
Key Takeaways — Jerry Cans Market Study
The industrial sector is expected to exhibit increasing usage of larger and higher-value containers such as customized jerry cans. Furthermore, the demand for jerry cans is anticipated to significantly heighten in years to come, as manufacturers as well as suppliers in the food & beverage products have been consistently focusing on raising their production bars.
Manufacturers Eying Opportunities in Europe and South Asia
Over the past several years, the food & beverages industry has witnessed astonishing growth in regions such as European and South Asian countries. Leading jerry can manufacturers are targeting these regions to capture a prominent market share.
Countries such as India, France, and Germany are leading milk producers, which create enormous opportunities for jerry cans manufacturers to strengthen their business footprints in these regions.
Rising industrial manufacturing outputs also support the growth of jerry cans market. In 2021, the Grief Inc. announced the expansion of its CorrChoice sheet feeder network with the addition of new jerry cans facility.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-5801
More Valuable Insights on Jerry Cans Market
Future Market Insights, in its new offering, offers an unbiased analysis of the global jerry cans market, analysing historical demand from 2016–2021 and forecast statistics for 2022–2031.
The study unravels growth projections on the jerry cans market on the basis of material (plastic and metal), capacity (below 10 litres, 10–25 litres, and above 25 litres), and end use (food & beverages, agrochemicals, industrial chemicals, petroleum & lubricants, and others), across the seven major regions.
The food & beverages segment is further sub-segmented into vegetable oil, juices & milk, and others. The agrochemicals segment is further sub-segmented into fertilizers and pesticides. The industrial chemical segment is further sub-segmented into hazardous and non-hazardous, petroleum & lubricants, and others.
Jerry Cans Market By Category
Request Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-5801
Have a Look at Related Research Reports of Packaging:
Aluminum Aerosol Cans Market: The global aluminum aerosol cans market is estimated to reach a valuation of around US$ 4.2 Bn in 2022
Metal Food Cans Market: Today, packaging has become a necessity. Given the modern-day hectic lifestyle and today’s fast-paced life, consumers’ inclination towards convenience has increased
Collapsible Jerry Can Market: Global Collapsible Jerry Can demand is anticipated to be valued at US$ 5 Billion in 2022, forecast to grow at a CAGR of 3% to be valued at US$ 6.72 Billion from 2022 to 2032
About Us Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact: Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware – 19713, USA T: +1-845-579-5705 LinkedIn| Twitter| Blogs For Sales Enquiries: [email protected] For Media Enquiries: [email protected] Website: https://www.futuremarketinsights.com
The post Jerry Cans Market is Reaching US$ 3.2 Bn at a Gracious Rate Of 4.4% By The Year 2031 appeared first on Future Market Insights.
Less obvious is exactly how well-balanced this vast range of credit plays and Big Capital can possibly be.
Wearing headphones and anti-sweat finger sleeves, gamers from eight countries guided gun-toting avatars through the Saudi battle royale.
JuicyFields offered returns of up to 66 percent - Copyright AFP/File BAY ISMOYOSpain’s top criminal court has opened a fraud investigation into a Netherlands-based...
Turkey's inflation is the highest of President Recep Tayyip Erdogan's two-decade rule - Copyright AFP/File BAY ISMOYOTurkey’s central bank on Thursday cut its policy...
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Sitemaps: XML / News . Digital Journal is not responsible for the content of external sites. Read more about our external linking.