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Nestable Drum Market Size, Share Global Analysis Report, 2022 – 2028

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Nestable Drum Market Size, Share, Growth Analysis Report By End-User (Chemicals, Pharmaceuticals, Petroleum, Food & Beverages, and Others), By Capacity (Above 40 Gallons, 19-40 Gallons, 13-19 Gallons, and 19-7 Gallons), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028

Industry Insights

[211+ Pages Report] According to the report published by Facts Factors, the global nestable drum market size was worth around USD 11.9 billion in 2021 and is predicted to grow to around USD 23 billion by 2028 with a compound annual growth rate (CAGR) of roughly 7.1% between 2022 and 2028. The report analyzes the global nestable drum market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the nestable drum market.

Global Nestable Drum Market Size

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logoMarket Overview

Nestable is defined as any object that can be stacked together with other objects from the same group while drums are essentially packaging items used to store and transport material ranging from solid to liquid states. Nestable drums are built to use less space while not impacting the storage capacity. This helps in reducing the overall cost of transportation since more nestable drums can be used to transport, as they occupy less space. With constant product renovation, and the availability of nestable drums with varying properties, and sizes, while the core function remains the same, they are used in multiple industries from food to the petroleum sector and have become a favored product amongst logistics companies. There are multiple players in the market offering customized nestable drums depending on the requirement of the client while also meeting safety standards.

logoKey Insights

  • As per the analysis shared by our research analyst, the global nestable drum market is estimated to grow annually at a CAGR of around 7.1% over the forecast period (2022-2028)
  • In terms of revenue, the global nestable drum market size was valued at around USD 11.9 billion in 2021 and is projected to reach USD 23 billion, by 2028
  • Due to a variety of driving factors, the market is predicted to rise at a significant rate
  • Based on end-user segmentation, the food & beverages sector was predicted to show maximum market share in the year 2021
  • Based on capacity segmentation, above 40 gallons was the leading application in 2021.
  • On the basis of region, North America was the leading revenue generator in 2021

logoCovid-19 Impact

During the pandemic, the demand for nestable drums increased in the healthcare segment, as well as the food & beverages industry. There were initial concerns related to the procurement of raw materials as well as the availability of human resources at production sites, as the units were non-operational at least during the complete lockdown. However, the demand for the product remained high during this period.

logo Growth Drivers

  • Cost-effective approach of end-consumers to propel market demand

The global nestable drum market is projected to benefit from the growing trend of incorporating cost-effectiveness in businesses. All companies, including small-scale and large-scale firms, require a certain amount of budget to be allocated to the logistics part of the business. This could include the freight charges from procuring raw materials or delivering final goods. In a way, logistics is a key segment for every type of business across industries. With the growing competition and economic & political changes across the globe, business leaders are focusing heavily on optimizing costs to improve overall revenue and profit. Nestable drums have proven to effectively contribute to overall cost reduction, especially when used for transpiration. With the global economy approaching inflation in many countries, the trend is projected to pick up the pace and may eventually lead to the demand for products that can help leaders achieve cost-effectiveness.

logo Restraints

  • Low-quality drums act as a major retraining factor

Nestable drums are not only popular for needing less space to store, but they are also well-known for durability and safe transportation without damaging the product being transported. However, there are some low-quality products that fail to deliver basic expectations which could lead to customers opting for other modes of packaging resulting in losses and a reduction in the global market size.

logo Opportunities

  • Growing economies are expected to provide expansion opportunities

The global nestable drum market cap may witness more growth opportunities from the increasing industrial segments in the growing economies where the use of products is fairly new as compared to developed countries. With the recent power dynamic changes resulting in political turmoil, many developing or undeveloped countries may witness more growth, especially in the pharmaceutical and logistics segment, two of the largest consumers of nestable drums.

logo Challenges

  • Political turmoil to pose a major challenge to market growth

The recent Russia-Ukraine war as well as a small shift of political alliances are expected to create challenges for global market players as a steady change can be witnessed in the global economy, as it is critical for a business to keep an eye on new opportunities while also dealing with undesirable changes that may occur in the coming years. For instance, the United & European governments planning to put an oil-price cap on Russia may affect nestable drums manufacturers in these economies as a result of lowered number of deals.

logoSegmentation Analysis

The global nestable drum market is segmented based on end-user, capacity, and region.

Based on end-user, the global market segments are chemicals, pharmaceuticals, petroleum, food & beverages, and others. The global market cap benefits the most from the food & beverages sector which is one of the fastest growing industries with an exceptionally high CAGR. The demand for the product is driven by the increasing population, and product innovation in the food sector catering to all consumer segments. For instance, the global food sector in the US was valued at USD 997 billion in 2020, while it may grow by a CAGR of 4.12% in the coming 5 years.

Based on capacity, the global market divisions are above 40 gallons, 19-40 gallons, 13-19 gallons, and 19-7 gallons. Nestable drums above 40 gallons lead with the highest global market share since they have wide applications in international and domestic transportation. Although drums with other capacities are also in high demand, the highest revenue generators are drums that can optimize transportation costs. For example, the average cost of transporting oil via pipeline can cost up to USD 2 to USD 4 per barrel, however, it is entirely dependent on the crude oil grade along with other factors.

logoRecent Developments:

  • In July 2022, CurTec, a global leader in the manufacturing and distribution of plastic screw top drums, jars, and pails, announced on the company website that it is expanding its production in the United States. The construction of the new production unit will take 6 months to complete and the production may begin by April 2023, at full scale.
  • In March 2022, CurTec was awarded the gold medal by EcoVadis, a rating platform enabling the assessment of corporate social responsibility (CSR) and sustainable procurement. CurTech ratings helped the company land in the top 5% of all companies that participated on the platform.

logoReport Scope

Report Attribute


Market Size in 2021

USD 11.9 Billion

Projected Market Size in 2028

USD 23 Billion

CAGR Growth Rate

7.1% CAGR

Base Year


Forecast Years


Key Market Players

Greystone Logistics, CurTec, Time Technoplast Ltd, Drums Food International Pvt Ltd, Drum Workshop Inc., and others.

Key Segment

By End-User, Capacity, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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logo Regional Analysis

  • North America to be led by the United States during the projection period

The global nestable drum market is projected to be dominated by North America in the coming years with the United States contributing the largest part of the regional revenue. The growth in the region may be driven by the rising number of players present in the country with customers and end clients across the globe. The increasing F & B sector may propel the demand for nestable drums. The segment contributes over 5% of the US gross domestic product (GDP) values and employs more than 10% of the American population. Growth in Asia-Pacific is projected to be aided by the increasing demand for the product in the oil & gas sector to meet the requirements of the growing economies of China and India. India is home to more than 5000 oil & gas companies, and as per official forecast reports, the country’s oil consumption may grow up to 9.15 million barrels per day (MBPD) by 2050.

logo Competitive Analysis

  • Greystone Logistics 
  • CurTec 
  • Time Technoplast Ltd 
  • Drums Food International Pvt Ltd 
  • Drum Workshop Inc.

The global nestable drum market is segmented as follows:

logoBy End-User

  • Chemicals
  • Pharmaceuticals
  • Petroleum
  • Food & Beverages
  • Others

logoBy Capacity

  • Above 40 Gallons
  • 19-40 Gallons
  • 13-19 Gallons
  • 19-7 Gallons

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Industry Major Market Players

  • Greystone Logistics 
  • CurTec 
  • Time Technoplast Ltd 
  • Drums Food International Pvt Ltd 
  • Drum Workshop Inc.