Market Overview
The fiber drum market is expected to grow at a 7.8% CAGR (2022-2030). The Asia-Pacific and North American areas dominate the global fiber drum industry. Food, chemical, as well as agro-based industries are predicted to have strong demand for the fiber drum market outlook in the United States.
Food goods and flavorings, dyes, and colorants, rolled sheet material, adhesives, plus numerous hazardous chemicals are all stored and shipped in fiber drums. Fiber drums feature circular cross-sections and parallel side walls composed of unbleached Kraft paper windings.
Because its internal layer is formed of paper, which is coated with foil or poly lining, fiber drums offer superior corrosion resistance to steel or plastic drums. Furthermore, adhesives bind these layers together, providing stacking plus handling strength. Furthermore, fiberboard lids are now being replaced with metal or plastic rings to reduce product contamination.
Fiber drums are particularly light since they are composed of fiberboard. As a result, shipping costs are reduced.
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Market Segmentation
Closure type, end-use industry, capacity, plus region are all part of the fiber drum industry study outlook.
By Closure Type:
Metal closure fiber drums, plastic closure fiber drums, and fiber closure fiber drums are the three types of closures available.
Regionally:
Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa are the five areas.
By End-user Industry:
Chemical, pharmaceutical, food and agro-allied, construction, building, and others.
By Capacity:
25 gallons, 51-75 gallons, 25-50 gallons, as well as over 75 gallons
Regional Classification
Latin America, Asia-Pacific, Europe, North America, the Middle East, and Africa are the five regions that make up the worldwide fiber drum business. These are the nations that export packaging materials around the world. Manufacturers use this manufacturing unit for the packaging market in this region because of low labor costs and the availability of native raw materials. Because of a growing number of manufacturing units and the existence of emerging economies in nations like India, China, Australia, plus Indonesia, the Asia-Pacific area has the greatest market share among these areas in 2018.
Industry News
The fiber drum business is being impacted by the rising retail sector and the increased need for lightweight bulk containers. Fiber drums have a significant advantage: they are 100% recyclable. Most fiber drums, for instance, could be coated or filled with insoluble compounds like silicone, polythene, or polyester to transfer and store liquid commodities like adhesives and dyes. To ensure the drum’s quality, two key tests are performed: a drop test as well as a stack or compression test.
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End-use industries’ need is steadily increasing
Fiber drums are utilized in a variety of applications and end uses, including medical, adhesives, sanitary chemicals, food and drinks, paints, and a variety of chemicals. Internal and external liners can now be added using new manufacturing techniques, increasing their resistance plus performance for various new applications. Fiber drums are indeed available for items with a smaller weight and capacity. Both design variants can be UN certified for dangerous solids packing. A variety of end customers prefers fiber drums because of their low cost.
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