| Product Code: ETC5222668 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of plastic drums to Cyprus in 2024 saw a diverse range of top exporting countries including Greece, Italy, Lebanon, Poland, and China. Despite the moderate concentration indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a strong compound annual growth rate (CAGR) of 15.09% from 2020 to 2024. However, there was a slight dip in the growth rate from 2023 to 2024 at -1.31%, reflecting a potential stabilization or adjustment in the market dynamics. The continued interest from multiple exporting countries signals a promising outlook for the plastic drums import market in Cyprus.

The Plastic Drums market in Cyprus is important for the storage and transportation of liquids and hazardous materials. Plastic drums offer advantages such as lightweight design, corrosion resistance, and durability. The market is characterized by the increasing demand for eco-friendly and recyclable packaging solutions. As industries seek to improve their supply chain efficiency and sustainability, the plastic drums market is expected to expand.
The plastic drums market in Cyprus is driven by the increasing need for safe and efficient storage and transportation of liquids and chemicals. As industries such as chemicals, food and beverage, and pharmaceuticals seek durable and lightweight containers, plastic drums are becoming the preferred choice due to their resistance to corrosion and leakage. The growth of the logistics and transportation sectors further stimulates demand for plastic drums.
In the plastic drums market, Cyprus faces challenges related to raw material price volatility and environmental regulations. As manufacturers strive to produce high-quality plastic drums for various applications, fluctuations in the availability and pricing of raw materials can significantly impact production capabilities. Additionally, increasing environmental concerns regarding plastic waste necessitate investment in sustainable materials and recycling practices, complicating operations for producers. Ensuring compliance with industry standards and regulations further adds complexity to the market landscape.
The government promotes the plastic drums market by encouraging local manufacturers to adopt sustainable production methods. Policies support research into innovative uses of plastic drums for industrial applications, providing funding for projects that enhance product quality and safety.
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 Cyprus Plastic Drums Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Plastic Drums Market - Industry Life Cycle |
3.4 Cyprus Plastic Drums Market - Porter's Five Forces |
3.5 Cyprus Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Cyprus Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Cyprus Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Cyprus Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cyprus Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Plastic Drums Market Trends |
6 Cyprus Plastic Drums Market Segmentations |
6.1 Cyprus Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.3 Cyprus Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.4 Cyprus Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.5 Cyprus Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.6 Cyprus Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.7 Cyprus Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Cyprus Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Cyprus Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Cyprus Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Cyprus Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Cyprus Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Cyprus Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Cyprus Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Cyprus Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Cyprus Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Cyprus Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Cyprus Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Cyprus Plastic Drums Market Import-Export Trade Statistics |
7.1 Cyprus Plastic Drums Market Export to Major Countries |
7.2 Cyprus Plastic Drums Market Imports from Major Countries |
8 Cyprus Plastic Drums Market Key Performance Indicators |
9 Cyprus Plastic Drums Market - Opportunity Assessment |
9.1 Cyprus Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Cyprus Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Cyprus Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Cyprus Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cyprus Plastic Drums Market - Competitive Landscape |
10.1 Cyprus Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |