| Product Code: ETC8484695 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Namibia steel drum market experienced a significant decline with a CAGR of -64.61% during 2020-2024. However, there was a notable year-on-year growth rate of 94.12%, indicating a temporary surge in imports within the period. This fluctuation suggests a volatile market environment for steel drums in Namibia.

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 Namibia Steel Drum Market Overview |
3.1 Namibia Country Macro Economic Indicators |
3.2 Namibia Steel Drum Market Revenues & Volume, 2022 & 2032F |
3.3 Namibia Steel Drum Market - Industry Life Cycle |
3.4 Namibia Steel Drum Market - Porter's Five Forces |
3.5 Namibia Steel Drum Market Revenues & Volume Share, By Capacity, 2022 & 2032F |
3.6 Namibia Steel Drum Market Revenues & Volume Share, By Head Type, 2022 & 2032F |
3.7 Namibia Steel Drum Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.8 Namibia Steel Drum Market Revenues & Volume Share, By End-Use Industry, 2022 & 2032F |
4 Namibia Steel Drum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrial activities and manufacturing sectors in Namibia |
4.2.2 Increasing demand for packaging solutions in the country |
4.2.3 Government initiatives promoting local manufacturing industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative packaging solutions like plastic drums |
4.3.3 Economic instability affecting consumer spending and industrial growth |
5 Namibia Steel Drum Market Trends |
6 Namibia Steel Drum Market, By Types |
6.1 Namibia Steel Drum Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Namibia Steel Drum Market Revenues & Volume, By Capacity, 2022-2032F |
6.1.3 Namibia Steel Drum Market Revenues & Volume, By 55 Gallon Steel Drum, 2022-2032F |
6.1.4 Namibia Steel Drum Market Revenues & Volume, By Other than 55 Gallon Steel Drum, 2022-2032F |
6.2 Namibia Steel Drum Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Namibia Steel Drum Market Revenues & Volume, By Tight Head Steel Drum, 2022-2032F |
6.2.3 Namibia Steel Drum Market Revenues & Volume, By Open Head Steel Drum, 2022-2032F |
6.3 Namibia Steel Drum Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Namibia Steel Drum Market Revenues & Volume, By Carbon Steel, 2022-2032F |
6.3.3 Namibia Steel Drum Market Revenues & Volume, By Stainless Steel, 2022-2032F |
6.4 Namibia Steel Drum Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Namibia Steel Drum Market Revenues & Volume, By Food & Beverages, 2022-2032F |
6.4.3 Namibia Steel Drum Market Revenues & Volume, By Healthcare and Pharmaceuticals, 2022-2032F |
6.4.4 Namibia Steel Drum Market Revenues & Volume, By Oils & Lubricants, 2022-2032F |
6.4.5 Namibia Steel Drum Market Revenues & Volume, By Paints & Dyes, 2022-2032F |
6.4.6 Namibia Steel Drum Market Revenues & Volume, By Chemicals and solvents, 2022-2032F |
6.4.7 Namibia Steel Drum Market Revenues & Volume, By Building and construction, 2022-2032F |
6.4.8 Namibia Steel Drum Market Revenues & Volume, By Others, 2022-2032F |
6.4.9 Namibia Steel Drum Market Revenues & Volume, By Others, 2022-2032F |
7 Namibia Steel Drum Market Import-Export Trade Statistics |
7.1 Namibia Steel Drum Market Export to Major Countries |
7.2 Namibia Steel Drum Market Imports from Major Countries |
8 Namibia Steel Drum Market Key Performance Indicators |
8.1 Percentage of local manufacturing companies using steel drums for packaging |
8.2 Average capacity utilization rate of steel drum manufacturers in Namibia |
8.3 Rate of adoption of sustainable practices in steel drum production in the country |
9 Namibia Steel Drum Market - Opportunity Assessment |
9.1 Namibia Steel Drum Market Opportunity Assessment, By Capacity, 2022 & 2032F |
9.2 Namibia Steel Drum Market Opportunity Assessment, By Head Type, 2022 & 2032F |
9.3 Namibia Steel Drum Market Opportunity Assessment, By Material, 2022 & 2032F |
9.4 Namibia Steel Drum Market Opportunity Assessment, By End-Use Industry, 2022 & 2032F |
10 Namibia Steel Drum Market - Competitive Landscape |
10.1 Namibia Steel Drum Market Revenue Share, By Companies, 2025 |
10.2 Namibia Steel Drum 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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