Product Code: ETC029871 | Publication Date: Oct 2020 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The plastic drums market in Sri Lanka is growing as industries adopt durable and cost-effective storage and shipping solutions. Plastic drums offer advantages such as lightweight, chemical resistance, and reusability compared to traditional metal or fiber drums. Market demand is driven by industrial expansion, logistics efficiency requirements, and regulatory standards for hazardous material handling. Key trends include the development of specialized drum designs for different industry applications, advancements in plastic recycling technologies, and sustainability initiatives promoting circular economy principles.
The Sri Lanka plastic drums market is thriving with industrial applications requiring reliable, durable, and cost-effective packaging solutions for chemicals, lubricants, and hazardous materials. Plastic drums offer advantages such as corrosion resistance, lightweight construction, and ease of handling and transportation in Sri Lanka. Market drivers include industrial growth, regulatory standards for hazardous material handling, and preference for reusable packaging. Drum manufacturers, chemical suppliers, and logistics providers are supplying customized plastic drum solutions that meet safety regulations, reduce environmental impact, and improve operational efficiencies in Sri Lanka diverse industrial sectors.
The plastic drums market in Sri Lanka is constrained by high costs associated with raw materials and production processes. There is a limited local manufacturing capacity and reliance on imported plastic drums, which can be affected by international trade policies and price fluctuations. The market also suffers from regulatory and compliance challenges related to environmental and safety standards, complicating production and market entry. Additionally, competition from alternative packaging solutions and materials poses a significant challenge to the growth of the plastic drums market. Limited awareness and understanding of the benefits and applications of plastic drums among businesses and end-users also affect market demand.
The Sri Lankan government supports the plastic drums market by promoting industrial packaging solutions and local manufacturing. Policies include providing financial incentives for the production of plastic drums, supporting research in packaging technologies, and ensuring regulatory compliance with health and safety standards to enhance the durability and safety of industrial packaging.
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 Sri Lanka Plastic Drums Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Plastic Drums Market - Industry Life Cycle |
3.4 Sri Lanka Plastic Drums Market - Porter's Five Forces |
3.5 Sri Lanka Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Sri Lanka Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Sri Lanka Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Sri Lanka Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Sri Lanka Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Plastic Drums Market Trends |
6 Sri Lanka Plastic Drums Market, By Types |
6.1 Sri Lanka Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Plastic Drums Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Sri Lanka Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.4 Sri Lanka Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.5 Sri Lanka Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.6 Sri Lanka Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.7 Sri Lanka Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.8 Sri Lanka Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sri Lanka Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Sri Lanka Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Sri Lanka Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Sri Lanka Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Sri Lanka Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Sri Lanka Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Sri Lanka Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Sri Lanka Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Sri Lanka Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Sri Lanka Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Sri Lanka Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Sri Lanka Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Sri Lanka Plastic Drums Market Import-Export Trade Statistics |
7.1 Sri Lanka Plastic Drums Market Export to Major Countries |
7.2 Sri Lanka Plastic Drums Market Imports from Major Countries |
8 Sri Lanka Plastic Drums Market Key Performance Indicators |
9 Sri Lanka Plastic Drums Market - Opportunity Assessment |
9.1 Sri Lanka Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Sri Lanka Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Sri Lanka Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Sri Lanka Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Sri Lanka Plastic Drums Market - Competitive Landscape |
10.1 Sri Lanka Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |