Envisioned to reach a valuation of US$ 5 billion in 2022, the global demand for Collapsible Jerry Cans is poised for sustained growth, with a forecasted Compound Annual Growth Rate (CAGR) of 3%. Anticipated to be valued at US$ 6.72 billion by 2032, this market expansion reflects the increasing adoption of Collapsible Jerry Cans across diverse industries. The versatile nature of these containers, coupled with their convenience and portability, positions them as a preferred choice for various applications, contributing to the projected CAGR and emphasizing their integral role in packaging solutions over the forecast period.
The collapsible jerry can market in North America is poised for a promising future, thanks to a surge in automotive sales projected for the coming years. According to Future Market Insights, this market segment is expected to maintain a favorable outlook throughout the forecast period, underpinned by the growing demand for automotive lubricants in the United States. The symbiotic relationship between the automotive and collapsible jerry can markets is a testament to the interconnectedness of various industries.
As automotive sales expand, so does the demand for lubricants. Collapsible jerry cans provide a convenient and efficient means of storing and transporting these essential fluids. Their practicality and adaptability make them a crucial component of the lubricants supply chain. This market dynamic highlights the ripple effect within the industrial ecosystem, with the collapsible jerry can market benefitting from the automotive sector’s growth, ultimately fostering a more sustainable and efficient approach to liquid storage and transport in North America.
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Key Takeaways from Collapsible Jerry Can Market
- North America holds a significant market share due to increase in sales of automotives all across the US.
- The Asia-Pacific is expected to grow in the collapsible jerry can market on the back of increase in manufacturing activities in China and India.
- Europe is expected to grow in collapsible jerry can market with Germany dominating the scene.
The Key Participants of Collapsible Jerry Can Market-
- Butyl Products Ltd.,
- Liquid Containment,
- Polyene General Industries Private Limited.,
- Changzhou Changshun Plastic CO. Ltd.,
- And others
Competitive Cans
- Butyl Products Ltd. has its plastic collapsible jerry can that is produced from non-toxic food grade LDPE. They are self-supporting and well-suited for use in emergency. Square-shaped in color, they help in collection of water as well as storage for family usage. There are molded carry handles incorporated into design; thereby rendering them simple to transport through hand. Every jerry can does have a screw top lid along with distribution tap for simplicity of use.
- Polychute India has its 1 liter rectangular plastic jerry can that has the capacity of storing almost 1 liter of liquid and could be personalized according to patrons’ specifications.
Key Segments Profiled in the Collapsible Jerry Can Industry Survey
Material Type:
- Polyethylene (PE) Collapsible Jerry Cans
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Polypropylene(PP) Collapsible Jerry Cans
- Polyvinyl Chloride (PVC) Collapsible Jerry Cans
- Polyethylene Terephthalate (PET) Collapsible Jerry Cans
- Ethyl Vinyl Alcohol (EVOH) Collapsible Jerry Cans
- Bioplastic Collapsible Jerry Cans
- Bio PE
- Poly Lactic Acid (PLA)
- Other Bioplastics
- Other Collapsible Jerry Cans Materials
Capacity:
- Collapsible Jerry Cans Up To 10 Liters
- Collapsible Jerry Cans from 11 Liters To 20 Liters
- Collapsible Jerry Cans from 21 Liters To 30 Liters
- Collapsible Jerry Cans Above 30 Liters
Closure Type:
- Push Pull Closure Collapsible Jerry Cans
- Screw Cap Collapsible Jerry Cans
- Other Closure Type Collapsible Jerry Cans
End Use Industry:
- Collapsible Jerry Cans for Food & Beverages
- Juices & Milk
- Vegetable Oil
- Alcoholic Beverages
- Others
- Collapsible Jerry Cans for Agrochemicals
- Pesticides & Insecticides
- Fertilizers
- Collapsible Jerry Cans for Industrial Chemicals
- Collapsible Jerry Cans for Petroleum And Lubricants
- Collapsible Jerry Cans for Pharmaceuticals
- Collapsible Jerry Cans for Consumer Goods
- Collapsible Jerry Cans for Other End Use Industries
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What does the Report encompass?
- The research study is based on material type (PE (Polyethylene) collapsible jerry cans, HDPE (high density polyethylene), LDPE (low density polyethylene), PP (polypropylene) collapsible jerry cans, PVC (polyvinyl chloride) collapsible jerry cans, PET (polyethylene terephthalate collapsible jerry cans, ethyl vinyl alcohol (EVOH) collapsible jerry cans, bioplastic collapsible jerry cans, bio PE, PLA (poly lactic acid), other bioplastics, and the other collapsible jerry cans materials), by capacity (collapsible jerry cans up to 10 liters, collapsible jerry cans from 11 liters to 20 liters, collapsible jerry cans from 21 liters to 30 liters, and collapsible jerry cans above 30 liters), by closure type (push pull closure collapsible jerry cans, screw cap collapsible jerry cans, and other closure type collapsible jerry cans), and end-use industry (collapsible jerry cans for food & beverages, juices & milk, vegetable oil, alcoholic beverages, collapsible jerry cans for agrochemicals, pesticides & insecticides, fertilizers, collapsible jerry cans for industrial chemicals, collapsible jerry cans for petroleum and lubricants, collapsible jerry cans for pharmaceuticals, collapsible jerry cans for consumer goods, and collapsible jerry cans for other end-use industries).
- With bulk as well as small packaging options gaining prominence, the global collapsible jerry can market is bound to grow noticeably in the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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