Plastic Pail Market Report: Trends, Forecast and Competitive Analysis to 2030

Plastic Pail Trends and Forecast

The future of the global plastic pail market looks promising with opportunities in the food & beverage, construction, chemical, and household markets. The global plastic pail market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing demand for durable, lightweight, and cost-effective packaging solutions, significantly growing manufacturing sector, and rising demand from various end-use industries.

A more than 150-page report is developed to help in your business decisions.

Plastic Pail by Segment

The study includes a forecast for the global plastic pail by material type, application, and region.

Plastic Pail Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Polyethylene
• Polypropylene
• Polyethylene Terephthalate
• Polyvinyl Chloride
• High-Density Polyethylene
• Low-Density Polyethylene

Plastic Pail Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverage
• Construction
• Chemical Industries
• Household
• Others

Plastic Pail Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plastic Pail Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic pail companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic pail companies profiled in this report include-

• BWAY
• RPC
• Jokey
• Greif
• BERRY PLASTIC
• Pro-design
• M&M Industries
• Encore Plastics
• Hitech
• Industrial Container Services

Plastic Pail Market Insights

Lucintel forecasts that polyethylene is expected to witness the highest growth over the forecast period.

Within this market, construction will remain the largest segment due to high need of plastic pail to store paints and coatings for the construction industry.

APAC will remain the largest region over the forecast period due to rapid industrialization and the construction industry are growing quickly in this region.

Features of the Global Plastic Pail Market

Market Size Estimates: Plastic pail market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plastic pail market size by material type, application, and region in terms of value ($B).

Regional Analysis: Plastic pail market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material types, applications, and regions for the plastic pail market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic pail market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the plastic pail market size?

Answer: The global plastic pail market is expected to reach an estimated $1.4 billion by 2030.

Q2. What is the growth forecast for plastic pail market?

Answer: The global plastic pail market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the plastic pail market?

Answer: The major drivers for this market are increasing demand for durable, lightweight, and cost-effective packaging solutions, significantly growing manufacturing sector, and rising demand from various end-use industries.

Q4. What are the major segments for plastic pail market?

Answer: The future of the global plastic pail market looks promising with opportunities in the food & beverage, construction, chemical, and household markets.

Q5. Who are the key plastic pail market companies?

Answer: Some of the key plastic pail companies are as follows.

• BWAY
• RPC
• Jokey
• Greif
• BERRY PLASTIC
• Pro-design
• M&M Industries
• Encore Plastics
• Hitech
• Industrial Container Services

Q6. Which plastic pail market segment will be the largest in future?

Answer: Lucintel forecasts that polyethylene is expected to witness the highest growth over the forecast period.

Q7. In plastic pail market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rapid industrialization and the construction industry are growing quickly in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plastic pail market by material type (polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, high-density polyethylene, and low-density polyethylene), application (food & beverage, construction, chemical industries, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?