Hong Kong Steel Drum Market (2025-2031) | Value, Size & Revenue, Competitive Landscape, Segmentation, Analysis, Industry, Growth, Share, Companies, Forecast, Outlook, Trends

Market Forecast By Capacity (55 Gallon Steel Drum, Other than 55 Gallon Steel Drum), By Head Type (Tight Head Steel Drum, Open Head Steel Drum), By Material (Carbon Steel, Stainless Steel), By End-Use Industry (Food & Beverages, Healthcare and Pharmaceuticals, Oils & Lubricants, Paints & Dyes, Chemicals and solvents, Building and construction, Agriculture, Others) And Competitive Landscape
Product Code: ETC7489715 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Hong Kong Steel Drum Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Hong Kong continued to be a significant importer of steel drums, with top exporting countries including China, Japan, Denmark, India, and the USA. The market remained highly concentrated, with a high HHI indicating dominance among key players. Despite a modest compound annual growth rate (CAGR) of 2.62% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024. This data suggests a stable but potentially challenging market environment for steel drum import shipments in Hong Kong.

Hong Kong Steel Drum Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Hong Kong Steel Drum Market Outlook
  • Market Size of Hong Kong Steel Drum Market, 2024
  • Forecast of Hong Kong Steel Drum Market, 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Revenues & Volume for the Period 2021- 2031
  • Hong Kong Steel Drum Market Trend Evolution
  • Hong Kong Steel Drum Market Drivers and Challenges
  • Hong Kong Steel Drum Price Trends
  • Hong Kong Steel Drum Porter's Five Forces
  • Hong Kong Steel Drum Industry Life Cycle
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Capacity for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By 55 Gallon Steel Drum for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Other than 55 Gallon Steel Drum for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Head Type for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Tight Head Steel Drum for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Open Head Steel Drum for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Material for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Carbon Steel for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Stainless Steel for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By End-Use Industry for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Food & Beverages for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Healthcare and Pharmaceuticals for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Oils & Lubricants for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Paints & Dyes for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Chemicals and solvents for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Building and construction for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Agriculture for the Period 2021- 2031
  • Historical Data and Forecast of Hong Kong Steel Drum Market Revenues & Volume By Others for the Period 2021- 2031
  • Hong Kong Steel Drum Import Export Trade Statistics
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By Head Type
  • Market Opportunity Assessment By Material
  • Market Opportunity Assessment By End-Use Industry
  • Hong Kong Steel Drum Top Companies Market Share
  • Hong Kong Steel Drum Competitive Benchmarking By Technical and Operational Parameters
  • Hong Kong Steel Drum Company Profiles
  • Hong Kong Steel Drum Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Hong Kong Steel Drum Market Overview

3.1 Hong Kong Country Macro Economic Indicators

3.2 Hong Kong Steel Drum Market Revenues & Volume, 2021 & 2031F

3.3 Hong Kong Steel Drum Market - Industry Life Cycle

3.4 Hong Kong Steel Drum Market - Porter's Five Forces

3.5 Hong Kong Steel Drum Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.6 Hong Kong Steel Drum Market Revenues & Volume Share, By Head Type, 2021 & 2031F

3.7 Hong Kong Steel Drum Market Revenues & Volume Share, By Material, 2021 & 2031F

3.8 Hong Kong Steel Drum Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F

4 Hong Kong Steel Drum Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in the construction industry in Hong Kong, leading to increased demand for steel drums for storing and transporting materials.

4.2.2 Expansion of the manufacturing sector in Hong Kong, driving the need for steel drums for packaging and shipping goods.

4.2.3 Government initiatives promoting environmental sustainability, leading to a shift towards reusable steel drums over single-use packaging options.

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices affecting the production cost of steel drums.

4.3.2 Competition from alternative packaging solutions like plastic containers impacting the demand for steel drums.

4.3.3 Regulatory challenges related to environmental standards and waste management affecting the use and disposal of steel drums.

5 Hong Kong Steel Drum Market Trends

6 Hong Kong Steel Drum Market, By Types

6.1 Hong Kong Steel Drum Market, By Capacity

6.1.1 Overview and Analysis

6.1.2 Hong Kong Steel Drum Market Revenues & Volume, By Capacity, 2021- 2031F

6.1.3 Hong Kong Steel Drum Market Revenues & Volume, By 55 Gallon Steel Drum, 2021- 2031F

6.1.4 Hong Kong Steel Drum Market Revenues & Volume, By Other than 55 Gallon Steel Drum, 2021- 2031F

6.2 Hong Kong Steel Drum Market, By Head Type

6.2.1 Overview and Analysis

6.2.2 Hong Kong Steel Drum Market Revenues & Volume, By Tight Head Steel Drum, 2021- 2031F

6.2.3 Hong Kong Steel Drum Market Revenues & Volume, By Open Head Steel Drum, 2021- 2031F

6.3 Hong Kong Steel Drum Market, By Material

6.3.1 Overview and Analysis

6.3.2 Hong Kong Steel Drum Market Revenues & Volume, By Carbon Steel, 2021- 2031F

6.3.3 Hong Kong Steel Drum Market Revenues & Volume, By Stainless Steel, 2021- 2031F

6.4 Hong Kong Steel Drum Market, By End-Use Industry

6.4.1 Overview and Analysis

6.4.2 Hong Kong Steel Drum Market Revenues & Volume, By Food & Beverages, 2021- 2031F

6.4.3 Hong Kong Steel Drum Market Revenues & Volume, By Healthcare and Pharmaceuticals, 2021- 2031F

6.4.4 Hong Kong Steel Drum Market Revenues & Volume, By Oils & Lubricants, 2021- 2031F

6.4.5 Hong Kong Steel Drum Market Revenues & Volume, By Paints & Dyes, 2021- 2031F

6.4.6 Hong Kong Steel Drum Market Revenues & Volume, By Chemicals and solvents, 2021- 2031F

6.4.7 Hong Kong Steel Drum Market Revenues & Volume, By Building and construction, 2021- 2031F

6.4.8 Hong Kong Steel Drum Market Revenues & Volume, By Others, 2021- 2031F

6.4.9 Hong Kong Steel Drum Market Revenues & Volume, By Others, 2021- 2031F

7 Hong Kong Steel Drum Market Import-Export Trade Statistics

7.1 Hong Kong Steel Drum Market Export to Major Countries

7.2 Hong Kong Steel Drum Market Imports from Major Countries

8 Hong Kong Steel Drum Market Key Performance Indicators

8.1 Recycling rate of steel drums in Hong Kong.

8.2 Adoption rate of steel drums in key industries like construction and manufacturing.

8.3 Number of new product developments or innovations in the steel drum market.

9 Hong Kong Steel Drum Market - Opportunity Assessment

9.1 Hong Kong Steel Drum Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.2 Hong Kong Steel Drum Market Opportunity Assessment, By Head Type, 2021 & 2031F

9.3 Hong Kong Steel Drum Market Opportunity Assessment, By Material, 2021 & 2031F

9.4 Hong Kong Steel Drum Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F

10 Hong Kong Steel Drum Market - Competitive Landscape

10.1 Hong Kong Steel Drum Market Revenue Share, By Companies, 2024

10.2 Hong Kong Steel Drum Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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