DUBLIN, May 12, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Warehouse Drums and Barrels Market 2016-2020" report to their offering.
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The report forecasts the global warehouse drums and barrels market to grow at a CAGR of 2.54% during the period 2016-2020.
There has been a resurgence in the demand for drums and barrels after the recession of 2008. The construction and manufacturing industries require innovative packaging solutions for storing, handling, and distributing different chemicals. The portfolio of warehouse drums and barrels from vendors is remarkable, with their volume strength varying from 13 gallons to 58 gallons. The plastic warehouse drums and barrels segment will experience stable growth during the forecast period. The growing need for the fast and safe delivery of bulk products is pushing the demand for warehouse drums and barrels.
According to the report, a key driver of market growth is the wide range of offerings from vendors. Warehouse drums and barrels are made from a variety of materials such as plastic, steel, fiber, or a combination of these. The variety in the shapes, thickness, and sizes of warehouse drums and barrels facilitates specific industry needs. For example, Greif, one of the key vendors of warehouse drums and barrels, offers specialty drums and barrels. Its specialty steel drums segment offers the following types of drums: agitator steel drums, salvage steel drums, and Bitumen steel drums.
Further, the report states that volatility in raw material and energy prices can affect market growth.
- Industrial Container Services
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
For more information visit: http://www.researchandmarkets.com/research/hs9d5q/global_warehouse
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SOURCE Research and Markets