The global jerry cans market is on an upward trajectory, with a projected valuation of US$ 2.3 billion in 2023, set to expand at a steady CAGR of 4.6% between 2023 and 2033. Sales are anticipated to soar to US$ 3.5 billion by 2033, driven by burgeoning demand for durable, cost-effective, and lightweight packaging solutions. …
Tag Archives: Jerry Cans
Jerry Cans Market Projected to Reach US$ 3.5 Billion by 2033, Driven by Demand for Durable and Lightweight Plastic Containers Across Chemical, Food & Beverage Industries
The future of the jerry cans market appears promising, driven by several key factors shaping its trajectory. With a projected compound annual growth rate (CAGR) of 4.6% between 2023 and 2033, the market is set to expand significantly, reaching a valuation of US$ 3.5 billion by 2033. The dominance of the plastic jerry cans segment …
Jerry Cans Market 2022: Comprehensive Study by Top Key Players Covered
In the latest study conducted by FMI, a rise in edible oil consumption along with growing demand for petroleum products is anticipated to fuel the global demand for jerry cans. Global sales of jerry cans are expected to reach US$ 2.1 billion in the year 2022 and grow to US$ 3.2 billion by the year 2031. Sustained consumption of petroleum …
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Jerry Cans Market 2022: Comprehensive Study by Top Key Players Greif Inc., Time Technoplast Ltd., Berry Global Group, Inc., Mauser Packaging Solutions
Sustained consumption of petroleum and lubrication products by manufacturing and industrial sectors continues to drive demand for jerry cans at a global level. Despite emergence of intermediate bulk containers (IBCs) as a cost-competitive and space-conserving alternative, the demand for jerry cans remains healthy owing to high adoption by food & beverages and chemical industries. The …