Jerry cans are common containers used for the storage of fuel, water, oil, chemicals, and other liquids. There are two types of jerry cans available in the market - metal and plastic jerry cans. Plastic jerry cans are highly preferred by end users, owing to properties such as high durability, lightweight, and less expensive as compared to metal jerry cans. Plastic jerry cans are more non-reactive to chemicals as compared to metal jerry cans, due to which, they are used for lubricant and chemical storage. The global jerry cans market was valued at around US$ 2.8 Bn in 2018, and is estimated to reach US$ 4.6 Bn by 2027. In the global jerry cans market, is it estimated that plastic jerry cans account for around 80% of the market value. In terms of raw material, HDPE is most extensively used material for the manufacturing of plastic jerry cans. Due to the need for barrier coatings for the storage of chemicals and lubricants; manufacturers have started manufacturing coating jerry cans with ethyl vinyl alcohol or other layers such as polyamide. Opaque or pigmented HDPE plastic jerry cans ranging from 1 kg to 15 kg are used for edible oil packaging.

Manufacturers are Focusing on Sustainable Innovations for Plastic Jerry Cans

The increased intolerance for plastic use is expected to restrain the growth of the plastic jerry cans market. Due to this threat, manufacturers are focusing on research and development for using sustainable material for the manufacturing of plastic jerry cans. Grief Inc.'s Brazilian team developed one of the first sustainable multilayer 10-liter plastic jerry cans made from polyethylene resin derived from sugarcane. The company also developed 20 liter monolayer plastic jerry cans for agrochemicals, weighing less than 1 kg (980 g), to provide lightweight solutions to end users.

Asia Pacific is Anticipated to Witness Fast-Paced Growth in the Global Jerry Cans Market

Western Europe is estimated to be a prominent plastic jerry cans market, followed by Asia Pacific and North America. Since it is an industrialized country, Germany is anticipated to be the largest consumer of plastic jerry cans in the Western European market. Along with consumption, Western Europe is estimated to be a key manufacturer and supplier of plastic jerry cans to the world. High volume petroleum production and exports are attributed to be the key drivers for the growth of the Middle East & Africa plastic jerry cans market. Due to the evolving industrialization trend, increased consumer spending, and improved production and exports of edible oil, countries such as China, India, and Indonesia are anticipated to be lucrative plastic jerry can markets in the Asia Pacific region. Asia Pacific is expected to be a very prominent plastic jerry cans market by the end of 2028. Foreign investments and government initiatives to improve industrialization are expected to play key roles in the growth of the Latin America plastic jerry cans market in the next five years.

Global Plastic Jerry Cans Market: Segmentation

The global plastic jerry cans market has been segmented into capacity, material, shape, manufacturing process, and end use.

On the basis of capacity, the global plastic jerry cans market is segmented into:

  • Up to 10 Liters
  • 11 – 25 Liters
  • Above 25 Liters

On the basis of material, the global plastic jerry cans market is segmented into:

  • HDPE
  • LDPE
  • PP
  • PET

On the basis of shape, the global plastic jerry cans market is segmented into:

  • Round
  • Square
  • Stackable
  • Others

On the basis of manufacturing process, the global plastic jerry cans market is segmented into:

  • Blow Molding
  • Injection Molding
  • Compression Molding

On the basis of end use, the global plastic jerry cans market is segmented into:

  • Food & Beverages
  • Chemicals
  • Pharmaceuticals
  • Agrochemicals
  • Oil and Lubricants
  • Others

Global Plastic Jerry Can Market: Key Players

Some of the key players operating in global plastic jerry cans market are:

  • SOTRALENTZ Packaging S.A.S.
  • Wilkinson Containers Ltd.
  • AST Kunststoffverarbeitung GmbH
  • Ipackchem Group SAS
  • DS Smith Plastics Ltd.
  • California Plastic Products
  • Promens hf
  • Can-One Berhad
  • Time Technoplast Ltd.
  • Parekhplast India Limited

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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