| Product Code: ETC029859 | Publication Date: Oct 2020 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Hungary plastic drums market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -22.71%. The compound annual growth rate (CAGR) for imports over the period 2020-2024 stood at -2.75%. This negative import momentum may have been influenced by shifts in demand dynamics or changes in trade policies impacting market stability.
The plastic drums market in Hungary is experiencing robust growth, propelled by the chemical, food and beverage, and pharmaceutical industries` demand for efficient and durable packaging solutions for bulk storage and transportation. Plastic drums offer advantages such as lightweight construction, resistance to corrosion, and compatibility with a wide range of chemicals and substances. The market is influenced by factors such as industrial expansion, logistics optimization, and sustainability initiatives.
The Hungary plastic drums market is primarily driven by the widespread use of plastic drums for the storage and transportation of chemicals, lubricants, and other industrial fluids. The market growth is further supported by the advantages of plastic drums over traditional metal and fiber drums, such as durability, lightweight, and resistance to corrosion.
The plastic drums market in Hungary encounters various challenges that affect its growth and sustainability. One primary challenge is the increasing demand for cost-effective and sustainable packaging solutions amidst rising environmental concerns and regulatory pressures. Balancing the requirements for packaging integrity, safety, and sustainability while maintaining affordability poses challenges for manufacturers. Moreover, ensuring compatibility and performance of plastic drums with different contents and storage conditions adds complexity to product development and quality assurance processes. Additionally, competition from alternative drum materials, such as steel and fiberboard, further intensifies market competition and pricing pressures.
The Hungary government may enact policies to regulate the production, importation, and use of plastic drums to ensure product safety and environmental protection. These policies may include quality standards for plastic drum materials, requirements for manufacturing processes and testing procedures, and regulations governing the labeling and packaging of drums. Additionally, the government may support research and development efforts aimed at improving the durability and recyclability of plastic drum products.
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 Hungary Plastic Drums Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Plastic Drums Market - Industry Life Cycle |
3.4 Hungary Plastic Drums Market - Porter's Five Forces |
3.5 Hungary Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Hungary Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Hungary Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Hungary Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Hungary Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Plastic Drums Market Trends |
6 Hungary Plastic Drums Market, By Types |
6.1 Hungary Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Plastic Drums Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Hungary Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.4 Hungary Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.5 Hungary Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.6 Hungary Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.7 Hungary Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.8 Hungary Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hungary Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Hungary Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Hungary Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Hungary Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Hungary Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Hungary Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Hungary Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Hungary Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Hungary Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Hungary Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Hungary Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Hungary Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Hungary Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Hungary Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Hungary Plastic Drums Market Import-Export Trade Statistics |
7.1 Hungary Plastic Drums Market Export to Major Countries |
7.2 Hungary Plastic Drums Market Imports from Major Countries |
8 Hungary Plastic Drums Market Key Performance Indicators |
9 Hungary Plastic Drums Market - Opportunity Assessment |
9.1 Hungary Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Hungary Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Hungary Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Hungary Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Hungary Plastic Drums Market - Competitive Landscape |
10.1 Hungary Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Hungary Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |