Market Forecast By Material Type (Polyethylene (PE), LPDE, LLPDE, HDPE, Propylene (PP) And Others), By Capacity (Less Than 10 Gallons, 10-30 Gallons, 30-55 Gallons And 55 Gallons & Above), By Head Type (Open Head And Tight Head), By End User (Food & Beverage, Chemicals & Petrochemicals, Building & Construction, Agriculture, Pharmaceuticals, Oil & Lubricants And Others), By Countries (South Africa, Kenya, Ghana, Nigeria And Rest Of Africa) And Competitive Landscape
Product Code: ETC054548 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Plastic Drums Market is expected to have escalated the demand owing to the evolution of the industries which in turn has increased the quality packaging at economical rates. The government norms for the enactment of biodegradable supplies are anticipated to enhance the growth of the global plastic drums market further. With the increased demand for chemicals and pharmaceutical, the plastic drums market will have an amazing growth rate, in the forecast period. Plastic drums meet the requirement of the chemical and pharmaceutical manufacturers owing to the lightweight, durable, reliable, cost-efficient and rigid packaging product. The plastic Drums market is expected to surge rapidly because of the appropriateness of the liquid packaging. Also plastic is unreactive to the chemical and oil, thus the storage of these types of products become easier to transport and store for a longer period. The Plastic which does not react with the UV rays protects the internal stuff from reacting as the metallic storage material gets corrosive and rusty, due to the oxidation of such metals, there is a chance of a reaction, thus, the plastic drum market is been also playing a key role in the oil and chemical sector. Moreover, human life and the economy were negatively affected by losing the people lives and downfall in the economy due to the pandemic. However, the plastic drum market in this region also affected drastically due to the strict lockdown and trade barriers.
According to the 6Wresearch, the Africa Plastic Drums Market size is anticipated to witness substantial growth during 2020-26. Zimbabwe, Kenya, Egypt and Mali are the countries which are the top country for organic farming. The plastic drums market has the highest market share in the agricultural sector. Further, Kenya is Africa’s largest oil producer, which produces nearly 2.5 million barrels per day. The demand for plastic drums for the storage of the oil is leading in this region and is growing subsequently. Further, Morocco, Kenya, Kenya and other key countries are the biggest for the Paint and coating products, these products are also drastically growing in this region, as many African countries are developing and growing economically. The Plastic Drums Market has created its place in the Paint and Coating Industry, which has witnessed potential growth during the forecast period. Further, Uganda Kenya, Algeria and the key countries, which has the major agricultural activity, has been growing in manufacturing of the fertilizers also, therefore the power of revenue in the agricultural sector is much high compare to the other sector in the African region. Further, in the Beverage sector, the plastic drums have the major market share in South Africa leading in the supply of Beer followed by wine and spirit, which indeed boost the economy from the beverage sector, due to pandemic, the sale of these products declined, but the market may improve in the forecast period, due to rising demands of these types of products.
Based on the end-users, the agriculture, building & construction, food &beverage, oil and lubricants, pharmaceutical, Chemical & Petrochemicals industry has registered the maximum demand over the forecast period for Plastic Drums, owing to the increasing production in food and beverage sector, pharmaceutical sector and its shipping around the globe. Based on material type, High-Density polyethene (HDPE), polypropylene with an open head and tight head structure deemed as major market shares owing to rising demand for essential commodities (food and Beverages), pharmaceutical and paint and lubricants market.
The Africa Plastic Drums Market report thoroughly covers the market by material type, head type, capacity, end-users and countries including South Africa, Kenya, Kenya, Ghana and the rest of Africa. The Africa Plastic drum market outlook report provides an unbiased and detailed analysis of on-going Africa Plastic drums market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Plastic Drums Market is estimated to witness substantial growth in the coming timeframe on the back of the growth of government & transportation, banking & financial, industrial and commercial sectors. Moreover, based on end-users, the food and beverage sector is estimated to secure large market sales revenue owing to the rising need for plastic drums in storing the essential as well as non-essential commodities, with taking care of the safety measures such as proper sanitization of the plastic drums before the storage of food and beverages and other products which would benefit the stored products and the transportation of the products from this plastic drums, which would also benefit Global plastic market with exponential growth during the forecast period.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Africa Plastic Drums Market Overview |
3.1. Africa Country Macro Economic Indicators |
3.2. Africa Plastic Drums Market Revenue, 2019 & 2026F |
3.3. Africa Plastic Drums Market - Industry Life Cycle |
3.4. Africa Plastic Drums Market - Porter's Five Forces |
3.5. Africa Plastic Drums Market Revenue Share, By Material Type, 2019 & 2026F |
3.6. Africa Plastic Drums Market Revenue Share, By End User, 2019 & 2026F |
3.6. Africa Plastic Drums Market Revenue Share, By Capacity, 2019 & 2026F |
3.6. Africa Plastic Drums Market Revenue Share, By Head Type, 2019 & 2026F |
3.6. Africa Plastic Drums Market Revenue Share, By Regions, 2019 & 2026F |
4. Africa Plastic Drums Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Africa Plastic Drums Market Trends |
6. Africa Plastic Drums Market, By Material Type |
6.1. Africa Plastic Drums Market, By Material Type |
6.1.1. Overview and Analysis |
6.1.2. Africa Plastic Drums Market Revenue, By Polyethylene (PE), 2016 - 2026F |
6.1.3. Africa Plastic Drums Market Revenue, By LPDE, 2016 - 2026F |
6.1.4. Africa Plastic Drums Market Revenue, By LLPDE, 2016 - 2026F |
6.1.5. Africa Plastic Drums Market Revenue, By HDPE, 2016 - 2026F |
6.1.6. Africa Plastic Drums Market Revenue, By Polypropylene, 2016 - 2026F |
6.1.7. Africa Plastic Drums Market Revenue, By Others, 2016 - 2026F |
7. Africa Plastic Drums Market, By End User |
7.1. Africa Plastic Drums Market, By End User |
7.1.1. Overview and Analysis |
7.1.2. Africa Plastic Drums Market Revenue, By Food & Beverage, 2016 - 2026F |
7.1.3. Africa Plastic Drums Market Revenue, By Chemical & Petrochemical, 2016 - 2026F |
7.1.4. Africa Plastic Drums Market Revenue, By Building & Construction, 2016 - 2026F |
7.1.5. Africa Plastic Drums Market Revenue, By Agriculture, 2016 - 2026F |
7.1.6. Africa Plastic Drums Market Revenue, By Pharmaceuticals, 2016 - 2026F |
7.1.7. Africa Plastic Drums Market Revenue, By Oil & Lubricants, 2016 - 2026F |
7.1.8. Africa Plastic Drums Market Revenue, By Others, 2016 - 2026F |
8. Africa Plastic Drums Market, By Head Type |
8.1. Africa Plastic Drums Market, By Head Type |
8.1.1. Overview and Analysis |
8.1.2. Africa Plastic Drums Market Revenue, By Tight Head, 2016 - 2026F |
8.1.3. Africa Plastic Drums Market Revenue, By Open Head, 2016 - 2026F |
9. Africa Plastic Drums Market, By Capacity |
9.1. Africa Plastic Drums Market, By Capacity |
9.1.1. Overview and Analysis |
9.1.2. Africa Plastic Drums Market Revenue, By Less than 10 Gallons, 2016 - 2026F |
9.1.3. Africa Plastic Drums Market Revenue, By 10-30 Gallons, 2016 - 2026F |
9.1.4. Africa Plastic Drums Market Revenue, By 30-55 Gallons, 2016 - 2026F |
9.1.5. Africa Plastic Drums Market Revenue, By 55 Gallons and Above, 2016 - 2026F |
10. Kenya Plastic Drums Market |
10.1. Kenya Plastic Drums Market, By Material Type |
10.2. Kenya Plastic Drums Market, By End User |
10.3. Kenya Plastic Drums Market, By Head Type |
10.4. Kenya Plastic Drums Market, By Capacity |
10.5. Kenya Plastic Drums Market, By Regions |
11. South Africa Plastic Drums Market |
11.1. South Africa Plastic Drums Market, By Material Type |
11.2. South Africa Plastic Drums Market, By End User |
11.3. South Africa Plastic Drums Market, By Head Type |
11.4. South Africa Plastic Drums Market, By Capacity |
11.5. South Africa Plastic Drums Market, By Regions |
12. Nigeria Plastic Drums Market |
12.1. Nigeria Plastic Drums Market, By Material Type |
12.2. Nigeria Plastic Drums Market, By End User |
12.3. Nigeria Plastic Drums Market, By Head Type |
12.4. Nigeria Plastic Drums Market, By Capacity |
12.5. Nigeria Plastic Drums Market, By Regions |
13. Ghana Plastic Drums Market |
13.1. Ghana Plastic Drums Market, By Material Type |
13.2. Ghana Plastic Drums Market, By End User |
13.3. Ghana Plastic Drums Market, By Head Type |
13.4. Ghana Plastic Drums Market, By Capacity |
13.5. Ghana Plastic Drums Market, By Regions |
14. Rest of Africa Plastic Drums Market |
14.1. Rest of Africa Plastic Drums Market Overview |
15. Africa Plastic Drums Market Import-Export Trade Statistics |
15.1. Africa Plastic Drums Market Export to Major Regions |
15.2. Africa Plastic Drums Market Imports from Major Regions |
16. Africa Plastic Drums Market Key Performance Indicators |
17. Africa Plastic Drums Market - Opportunity Assessment |
17.1. Africa Plastic Drums Market Opportunity Assessment, By Material Type, 2019 & 2026F |
17.2. Africa Plastic Drums Market Opportunity Assessment, By End User, 2019 & 2026F |
18. Africa Plastic Drums Market - Competitive Landscape |
18.1. Africa Plastic Drums Market Revenue Share, By Companies, 2019 |
18.2. Africa Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |