Jerrycans Market Size to grow by USD 586.3 million between 2024-2028
According to a research report “ Jerrycans Market” by Capacity (Below 10 liters, 10-25 liters, Above 25 liters) Material (Plastic, Steel) Geography (APAC, Europe, North America, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 586.3 million, at a CAGR of 4.93% during the forecast period. The jerrycan market experiences substantial demand from key industries such as chemical, pharmaceuticals, petrochemicals, food and beverages, and others. These sectors utilize jerrycans for product storage, transportation, and packaging in their respective supply chains. The chemical industry, in particular, is projected to expand at a year-over-year growth rate of approximately 3.5% in 2022, driven by the increased production of shale gas, which significantly reduces the cost of chemical production. This cost reduction has led to a surge in global chemical production, thereby propelling the growth of the jerrycan market throughout the forecast period..
Browse market data tables, figures, and in-depth TOC on “Jerrycans Market” by Capacity (Below 10 liters, 10-25 liters, Above 25 liters) Material (Plastic, Steel) Geography (APAC, Europe, North America, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By Capacity, the Below 10 liters segment is projected to dominate the market size in 2024
The below 10-liter segment held the largest market share in the global jerrycans industry in 2023. This capacity range strikes a strategic balance between holding a substantial volume of liquid and maintaining a manageable size for transportation. The retail sector's businesses catering to smaller quantities of liquids drive the demand for jerrycans with lower capacities. Individual consumers also prefer these jerrycans for their convenience in carrying liquids for activities such as camping, hiking, and picnics. The versatility and manageability of smaller jerrycans make them a popular choice for various applications.
By Material, Plastic segment is expected to hold the largest market size for the year 2024
The jerrycans market, specifically the segment utilizing plastic polymers, experiences robust expansion during the forecast period. Key contributors to this growth include high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). The preference for these polymers stems from their inherent properties, including durability, lightweight, and temperature reliability. HDPE, in particular, is in high demand due to its ability to enhance jerrycan strength. The burgeoning demand for HDPE polymers will propel the growth of the plastic jerrycans market.
APAC is forecasted to hold the largest market size by region in 2024
In the Jerrycans Market, businesses source and supply a diverse range of jerrycans for various industries. These jerrycans cater to the needs of sectors such as agriculture, construction, and oil and gas, among others. Our offerings include food-grade jerrycans for liquid storage, UN-certified jerrycans for hazardous materials, and heavy-duty jerrycans for industrial applications. We ensure the highest quality and compliance with industry standards to meet our clients' requirements.
The Jerrycans Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
Title: Revamping Jerrycans: Odorless, Durable, and Moisture-Resistant Containers for Marine Products and Other Liquids Jerrycans, also known as metal or plastic containers, have long been a staple in the storage and transportation of various liquids, including marine products, commodity chemicals, specialty chemicals, petrochemicals, agrochemicals, and food and beverages. In recent years, there has been a trend towards revamping jerrycans to offer enhanced features such as odorless storage, leakage prevention, and moisture resistance. High-end coatings, printing inks, pigments, and dyes are increasingly being used to produce jerrycans with odorless features, making them ideal for storing sensitive liquids such as essential oils, perfumes, and food ingredients. Plastic jerrycans, in particular, have gained popularity due to their lightweight and durability, while metal cans continue to be preferred for their strength and resistance to corrosion. Moreover, the demand for jerrycans in the marine industry is on the rise, as they offer an effective solution for storing and transporting a wide range of marine products, from fuel and lubricants to coolants and cleaning agents. With their odorless, moisture-resistant, and leakage-prevention properties, jerrycans are an essential component of any marine supply chain.
Market Research Overview
The Jerrycan market encompasses a wide range of products, including juices, milk, edible oils, marine products, high-end coatings, magazines, printing inks, pigments, dyes, commodity chemicals, specialty chemicals, petrochemicals, chemical packaging, petroleum, plastics, oils, agrochemicals, food and beverages, and various liquid products. Jerrycans are essential for storing and transporting these commodities, offering features such as leakage prevention, odorless storage, and moisture resistance. Jerrycans are available in both plastic and metal varieties, with HDPE (High-Density Polyethylene) plastic jerrycans being popular due to their durability, lightweight, and corrosion-resistant properties. They are used for storing and transporting automotive fuels, cooking oils, lubricants, and various other liquid products. Jerrycans have applications beyond food and beverages, including use in the military for storing kerosene, diesel, and gasoline, as well as in the automotive industry for fuel transportation. Plastic jerrycans are also used in the production of colors, printing inks, pigments, and dyes. The market for jerrycans is expected to grow due to urbanization, the need for safe packaging, and the increasing demand for recycling and reusability.
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