| Product Code: ETC5222642 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for plastic drums in 2024 experienced a slight decline with a growth rate of -1.25%, contrasting with the compound annual growth rate (CAGR) of 25.27% from 2020 to 2023. This dip could be attributed to shifts in demand dynamics or changes in trade policies impacting the market stability.
Armenia`s plastic drums market provides storage and transportation solutions for chemicals, lubricants, and hazardous materials. Plastic drums offer durability, corrosion resistance, and compliance with regulatory standards for safe handling and storage.
Armenia`s plastic drums market is driven by industrial packaging, chemical storage, and hazardous material handling. Key drivers include demand for HDPE drums, polypropylene barrels, and plastic containers ensuring product safety, storage efficiency, and transportation logistics in chemical manufacturing and logistics industries.
The Plastic Drums market in Armenia faces challenges centered around ensuring chemical compatibility in industrial storage applications, optimizing drum design for hazardous material handling, and addressing regulatory compliance on drum labeling and transportation. Innovating in sustainable drum recycling initiatives and enhancing drum manufacturing automation are critical for supporting safe chemical logistics and promoting environmental stewardship in Armenia`s industrial sector.
Government policies in Armenia support the plastic drums market by regulating packaging materials, ensuring product safety standards, and promoting sustainable manufacturing practices. Initiatives focus on environmental sustainability, recycling incentives, and quality standards compliance in industrial packaging.
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 Armenia Plastic Drums Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Plastic Drums Market - Industry Life Cycle |
3.4 Armenia Plastic Drums Market - Porter's Five Forces |
3.5 Armenia Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Armenia Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Armenia Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Armenia Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Armenia Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Increasing focus on sustainability and environmentally friendly packaging options. |
4.2.3 Technological advancements leading to the development of innovative plastic drum designs. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs. |
4.3.2 Stringent regulations and policies related to plastic waste management. |
4.3.3 Competition from alternative packaging materials like steel drums or intermediate bulk containers (IBCs). |
5 Armenia Plastic Drums Market Trends |
6 Armenia Plastic Drums Market Segmentations |
6.1 Armenia Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.3 Armenia Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.4 Armenia Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.5 Armenia Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.6 Armenia Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.7 Armenia Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Armenia Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Armenia Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Armenia Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Armenia Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Armenia Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Armenia Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Armenia Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Armenia Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Armenia Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Armenia Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Armenia Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Armenia Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Armenia Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Armenia Plastic Drums Market Import-Export Trade Statistics |
7.1 Armenia Plastic Drums Market Export to Major Countries |
7.2 Armenia Plastic Drums Market Imports from Major Countries |
8 Armenia Plastic Drums Market Key Performance Indicators |
8.1 Percentage of plastic drum recycling rate in Armenia. |
8.2 Number of new product launches or innovations in the plastic drum market. |
8.3 Adoption rate of reusable or eco-friendly plastic drum options in key industries. |
9 Armenia Plastic Drums Market - Opportunity Assessment |
9.1 Armenia Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Armenia Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Armenia Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Armenia Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Armenia Plastic Drums Market - Competitive Landscape |
10.1 Armenia Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Armenia Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |