| Product Code: ETC5222685 | 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 |
Guyana`s plastic drums import market saw a shift in 2024 with key exporting countries including China, Trinidad and Tobago, USA, Austria, and UK. Despite a high concentration in 2023, the Herfindahl-Hirschman Index (HHI) indicated a slight decrease to high concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was 0.69%, while the growth rate from 2023 to 2024 showed a significant decline of -50.68%. These trends suggest a dynamic and potentially challenging landscape for plastic drum imports in Guyana.

The plastic drums market in Guyana caters primarily to the chemical, food, and beverage sectors. These drums are favored for their durability, corrosion resistance, and lightweight characteristics. With increasing industrial activities and a growing focus on safe transportation of hazardous materials, the market is poised for growth. However, environmental concerns regarding plastic usage are prompting innovations in recycled and reusable drum materials.
The plastic drums market in Guyana is growing due to the rising demand for durable, lightweight, and cost-effective containers for storage and transportation. Plastic drums are widely used in industries such as chemicals, food, and pharmaceuticals for their resistance to corrosion and ease of handling. The increasing trade activities and demand for bulk storage solutions, particularly in the chemical and manufacturing sectors, further fuel the growth of the plastic drums market.
The plastic drums market in Guyana is constrained by limited industrial applications and competition from metal drums. High costs of importing raw materials and finished products further challenge the market.
The Guyana government recognizes the importance of plastic drums in the storage and transportation of chemicals, liquids, and bulk materials. To foster the growth of the plastic drums market, the government has introduced policies that support local production and the adoption of high-quality, durable materials. Regulations are in place to ensure that plastic drums meet safety standards and are suitable for various industrial applications. The government provides incentives for businesses that invest in environmentally friendly production processes and recycling initiatives, aiming to reduce waste and promote sustainability in the manufacturing of plastic drums.
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 Guyana Plastic Drums Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Plastic Drums Market - Industry Life Cycle |
3.4 Guyana Plastic Drums Market - Porter's Five Forces |
3.5 Guyana Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Guyana Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Guyana Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Guyana Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Guyana Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Guyana leading to higher demand for plastic drums |
4.2.2 Growing awareness about the benefits of using plastic drums over traditional alternatives |
4.2.3 Government initiatives promoting the use of eco-friendly packaging solutions |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Lack of proper recycling infrastructure for plastic drums in Guyana |
4.3.3 Competition from alternative packaging solutions like steel drums or fiber drums |
5 Guyana Plastic Drums Market Trends |
6 Guyana Plastic Drums Market Segmentations |
6.1 Guyana Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.3 Guyana Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.4 Guyana Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.5 Guyana Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.6 Guyana Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.7 Guyana Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Guyana Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Guyana Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Guyana Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Guyana Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Guyana Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Guyana Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Guyana Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Guyana Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Guyana Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Guyana Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Guyana Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Guyana Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Guyana Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Guyana Plastic Drums Market Import-Export Trade Statistics |
7.1 Guyana Plastic Drums Market Export to Major Countries |
7.2 Guyana Plastic Drums Market Imports from Major Countries |
8 Guyana Plastic Drums Market Key Performance Indicators |
8.1 Percentage of industrial growth in Guyana |
8.2 Number of plastic drum manufacturers entering the Guyana market |
8.3 Percentage of plastic drum recycling rate in Guyana |
9 Guyana Plastic Drums Market - Opportunity Assessment |
9.1 Guyana Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Guyana Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Guyana Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Guyana Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Guyana Plastic Drums Market - Competitive Landscape |
10.1 Guyana Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Guyana Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |