| Product Code: ETC7554606 | 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 |
India`s steel drums and intermediate bulk container (IBC) import market in 2024 continued to be dominated by top exporters such as China, Taiwan, Malaysia, Philippines, and South Korea. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -1.64% from 2020 to 2024. Notably, there was a significant decline in growth rate from 2023 to 2024 at -10.24%, reflecting challenges or shifts in the industry during that period.

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 India Steel Drums and Intermediate Bulk Container (IBC) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, 2021 & 2031F |
3.3 India Steel Drums and Intermediate Bulk Container (IBC) Market - Industry Life Cycle |
3.4 India Steel Drums and Intermediate Bulk Container (IBC) Market - Porter's Five Forces |
3.5 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By Content, 2021 & 2031F |
3.7 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Steel Drums and Intermediate Bulk Container (IBC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities and infrastructure development in India |
4.2.2 Growth in the chemical and pharmaceutical industries leading to higher demand for steel drums and IBCs |
4.2.3 Emphasis on sustainable packaging solutions driving the adoption of steel drums and IBCs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and compliance requirements for packaging materials |
4.3.3 Competition from alternative packaging solutions such as plastics impacting market share |
5 India Steel Drums and Intermediate Bulk Container (IBC) Market Trends |
6 India Steel Drums and Intermediate Bulk Container (IBC) Market, By Types |
6.1 India Steel Drums and Intermediate Bulk Container (IBC) Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Drums, 2021- 2031F |
6.1.4 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By IBCs, 2021- 2031F |
6.2 India Steel Drums and Intermediate Bulk Container (IBC) Market, By Content |
6.2.1 Overview and Analysis |
6.2.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Solid, 2021- 2031F |
6.2.4 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Semi-Solid, 2021- 2031F |
6.3 India Steel Drums and Intermediate Bulk Container (IBC) Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.3 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Petroleum and Lubricants, 2021- 2031F |
6.3.4 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Paints, 2021- 2031F |
6.3.5 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Inks and Dyes, 2021- 2031F |
6.3.6 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.3.7 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.8 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Others, 2021- 2031F |
7 India Steel Drums and Intermediate Bulk Container (IBC) Market Import-Export Trade Statistics |
7.1 India Steel Drums and Intermediate Bulk Container (IBC) Market Export to Major Countries |
7.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Imports from Major Countries |
8 India Steel Drums and Intermediate Bulk Container (IBC) Market Key Performance Indicators |
8.1 Environmental sustainability metrics (e.g., recycling rate, carbon footprint reduction) |
8.2 Adoption rate of steel drums and IBCs in key industries (e.g., chemicals, pharmaceuticals) |
8.3 Innovation rate in steel drum and IBC designs and materials |
9 India Steel Drums and Intermediate Bulk Container (IBC) Market - Opportunity Assessment |
9.1 India Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By Content, 2021 & 2031F |
9.3 India Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Steel Drums and Intermediate Bulk Container (IBC) Market - Competitive Landscape |
10.1 India Steel Drums and Intermediate Bulk Container (IBC) Market Revenue Share, By Companies, 2024 |
10.2 India Steel Drums and Intermediate Bulk Container (IBC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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