Lewes, DE -- (SBWIRE) -- 05/11/2016 -- Report forecast the global warehouse drums and barrels market to grow at a CAGR of 2.54% during the period 2016-2020.

Warehouse drums and barrels come under rigid bulk packaging, and the packaging using drums and barrels is the oldest packaging method. Drums and barrels are used in industries such as chemicals and petroleum, food and pharmaceutical, and others. In these industries, warehouse drums and barrels are used to protect and transport goods in large quantities from a point of manufacture to a point of distribution, where these goods are finally packaged for customers. Materials such as steel, fiber, and rigid plastics are used for making warehouse drums and barrels.

The report covers the present scenario and the growth prospects of the global warehouse drums and barrels market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of warehouse drums and barrels from industries such as chemical and petroleum, food and pharmaceutical, and others.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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.

Global Warehouse Drums and Barrels Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Warehouse Drums and Barrels Market: Greif, Industrial Container Services, Schutz, and Sonoco.

Other Prominent Vendors in the market are: Berenfield Containers, Chem-Tainer Industries, East India Drums & Barrels Manufacturing, E-con Packaging, Jakacki Bag & Barrel, Mauser Packaging, Meyer Steel Drum, Om Packaging, Remcon Plastics, Skolnik Industries, Snyder Industries, and Time Technoplast.

Market driver
- Wide range of offerings from vendors
- For a full, detailed list, view our report

Market challenge
- Volatile raw material and energy prices
- For a full, detailed list, view our report

Market trend
- Resurgence in demand for drums and barrels
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 52 pages and 29 Exhibit "Global Warehouse Drums and Barrels Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by material, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-warehouse-drums-and-barrels-market-2016-2020

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