Global Jerry Cans Market Projected to Reach USD 2,920 Million by 2026

23-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Jerry Cans Market By Type (Below 10 Liters, 10-25 Liters, and Above 25 Liters) and By Application (Agrochemicals, Food & Beverages, Industrial Chemicals, and Petroleum & Lubricants): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Jerry Cans market in 2019 was approximately USD 1,945 Million. The market is expected to grow at a CAGR of 6% and is anticipated to reach around USD 2,920 Million by 2026.

Jerry Cans Market Size

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Jerry cans used for the storage of fluids such as chemical products, cooking oils, and fuels. Types of jerry cans include below 10 liters, 10-25 liters, and above 25 liters. Whereas, the application of jerry cans involves agrochemicals, food & beverages, industrial chemicals, and petroleum & lubricants.

Browse the full “Jerry Cans Market By Type (Below 10 Liters, 10-25 Liters, and Above 25 Liters) and By Application (Agrochemicals, Food & Beverages, Industrial Chemicals, and Petroleum & Lubricants): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/furniture-market-by-type-tables-chairs-beds-sofas-878

Jerry Cans has extensive industrial applications in industries such as petrochemicals, industrial chemicals, and agricultural chemicals. This has been driving the target market growth. In addition, jerry cans are utilized in other industries as well as such as food & beverage and pharmaceutical industries. This has been fueling the target market growth. Moreover, jerry cans have properties such as moisture-resistant, leak-proof, and odorless features which has boosted the target market growth. Apart from this, growing industrialization has been augmenting the target market growth. Additionally, the rise in petrochemical and automobile industries has been developing the target market growth. However, the availability of various packaging substitutes like glass containers and PET bottles and is anticipated to hamper the target market growth over the forecast period. Nevertheless, numerous innovations and development associated with jerry cans is anticipated to create growth opportunities over the forecast period.

In terms of type, the target market is categorized as below 10 liters, 10-25 liters, and above 25 liters. Among these categories, above 25 liters is the leading one due to the rising application of 25 liters jerry cans in the petrochemical industry.

In terms of application, the target market is categorized as agrochemicals, food & beverages, industrial chemicals, and petroleum & lubricants. Among these categories, the food & beverage category is the dominating one owing to the usage of jerry cans for packaging oils in the edible oil industry. Also, the design of Jerry Cans guarantees durability, toughness, security, and automatic fit. Jerry cans are used for storage and transport of dressings & sauces, condiments, powdered foods & beverages, Honey & sweeteners, and functional beverages.

In terms of region, the target market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, Asia Pacific followed by Europe is anticipated to generate major revenue over the forecast period. In Europe, numerous companies prefer barrier coatings associated with jerry cans for storing industrial chemicals as well as agricultural chemicals.  Europe, there is an inclination towards jerry cans with a barrier coating. In addition, in the Asia Pacific, developing economies like India and China are augmenting the target market growth. The increasing manufacturing activities, growing GDP, and growth trends in the industrial sectors in the region have majorly boosted the target market growth.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1,945 Million

Projected Market Size in 2026

USD 2,920 Million

CAGR Growth Rate

6% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Robert Buckle GmbH, Techno Packaging Industries, Greif, Inc., Sotralentz S.A.S., Elkhart Plastics Incorporated, Denios AG, Scepter Canada Inc., and Mauser Group B.V

Key Segment

By Type, By Application, By Region

Major Regions Covered

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

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Some of the key players operating in the target market are Robert Buckle GmbH, Techno Packaging Industries, Greif, Inc., Sotralentz S.A.S., Elkhart Plastics Incorporated, Denios AG, Scepter Canada Inc., and Mauser Group B.V

This report segments the Jerry Cans market as follows:

Global Jerry Cans Market: By Type Segmentation Analysis

  • Below 10 Liters
  • 10-25 Liters
  • Above 25 Liters

Global Jerry Cans Market: By Application Segmentation Analysis

  • Agrochemicals
  • Food & Beverages
  • Industrial Chemicals
  • Petroleum & Lubricants

Global Jerry Cans Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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