Global Collapsible Jerry Can Market – Industry Trends and Forecast to 2029

Market Analysis and Size

The term ‘jerry can’ came once from the Americans who decided to make their specific version of the Wehrmacht-Einheitskanister. ‘Jerry’ was the slang term Allies used to refer to the Germans during the war, Nowadays, jerry cans are made not only by metal but also by plastic materials. Plastics are more than strong enough to safely carry fuel and other liquids and are also light in weight.  Collapsible jerry cans are generally made using HDPE (high-density polyethylene) plastic, making it perfect for transporting chemicals and other products.

Data Bridge Market Research analyses that the collapsible jerry can market was valued at USD 4.90 billion in 2021 and is expected to reach USD 6.48 billion by 2029, registering a CAGR of 3.56 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.          

Report Scope and Market Segmentation

Market Definition

Collapsible jerry cans are a one-stop destination for all the fuel and oil storage which needs of any business. Collapsible jerry can are an essential part of the manufacturing industry because it is mainly used to Store water and oil products like gasoline, heating oil, diesel fuel, acids, and bases. These liquids whether from above the ground and under the ground need to be stored efficiently.

Collapsible Jerry Can Market Dynamics

Drivers

• Highly demanding for safety purposes during shipment

Collapsible jerry cans are in high demand because of their safety and convenience during transportation and shipping products in several end user industries such as chemicals and lubricants, food and beverages, etc. Collapsible jerry cans are designed to protect liquid products from leakage and spillage during transit which are expected to increase the demand of collapsible jerry can in the market.

• Rise the demand of multilayer collapsible jerry cans

Many manufacturers are using multilayer collapsible jerry cans by covering them with barrier layers to protect them from sunlight and other environmental threats. Multi-layered collapsible jerry cans are popular in a several industries, including industrial chemicals and agrochemicals. The rising demand form chemical industry are expected to increase the growth rate of the collapsible jerry can market.

• Growing demand for lightweight cans

The growing demand of lightweight material which increases preference towards bioplastic products, the rising usages of bioplastic based jerry can because it protects food & beverages item due to the barrier covering of EVOH, polyamide and other material are expected to boost the growth of the collapsible jerry can market in the forecast period.

Opportunities

• Increasing number of emerging economies

The developing economies are predicted to drive the most development countries throughout the projection period. The rising Demand of collapsible jerry can in these emerging countries is being driven by growing GDP, augmented manufacturing activity, and development tendencies in the industrial sectors will act as market drivers and further boost beneficial opportunities for the market's growth rate.

• Rise in product innovations

The increasing number of product innovations will increase the new market opportunities for the growth of the collapsible jerry can market. Several product advancements targeted at improving design and manufacturing processes which are also aiding the market expansion. Manufacturers are working on more reliable, efficient and convenient jerry cans.

Restraints/ Challenges

• Increased intolerance for plastic utilization

The augmented intolerance for plastic use is expected to hinder the growth rate of the collapsible jerry cans market. Due to this risk, manufacturers focus on research and development to use sustainable materials to manufacture the collapsible jerry cans.

• Risk of tear off during transportation

The risk of tear-off of collapsible jerry cans during logistics and transportation are also the major reason which are expected to obstruct the growth of the collapsible jerry can market in the forecast period.

This collapsible jerry can market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the collapsible jerry can market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Collapsible Jerry Can Market

The recent outbreak of the COVID-19 has adversely affected several markets in the packaging industry. It has also affected the collapsible jerry can market. Products which are estimated ‘essential’ continue to experience significant sales, but non-essential products faced a sharp decline in the demand during pandemic. The government has imposed several restrictions, particularly social distancing norms and stay-at-home orders, which has halted the production of collapsible jerry can. Additionally, movement supply chain disruption and restrictions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

Global Collapsible Jerry Can Market Scope

The collapsible jerry can market is segmented on the basis of material, capacity, closure type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

• Polyethylene (PE)
• High Density Polyethylene (HDPE)
• Low Density Polyethylene (LDPE)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Ethyl Vinyl Alcohol (EVOH)
• Bioplastics
• Poly Lactic Acid (PLA)
• Others

Capacity

• Up to 10 litres
• 11 litres to 20 litres
• 21 litres to 30 litres
• Above 30 litres

Closure Type

• Push Pull Closure
• Screw Cap
• Others

End User

• Food and Beverages
• Agrochemicals
• Pharmaceutical
• Consumer Goods
• Others

Collapsible Jerry Can Market Regional Analysis/Insights

The collapsible jerry can market is analysed and market size insights and trends are provided by country, material, capacity, closure type and end-user as referenced above.

The countries covered in the collapsible jerry can market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the collapsible jerry can market in terms of market share during the forecast period. This is due to the growing demand for collapsible jerry can in this region. North America region leads the collapsible jerry can market due to the growth of the lubricant and automobile sector in this region.

During the estimated period, Asia-Pacific is expected to be the fastest developing region due to the growing demand of the jerry can from several industries in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Collapsible Jerry Can Market Share Analysis

The collapsible jerry can market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to collapsible jerry can market.

Some of the major players operating in the collapsible jerry can market are:

• Butyl Products Ltd. (U.K.)
• Liquid Containment (Australia)
• Polyene General Industries Private Limited. (India)
• Mangla Metal Private Limited. (India)
• FU DENG PLASTIC CO., LTD. (Taiwan)
• Shanxi Shengzeying International Trade Co., Ltd. (China)
• Yiwu Double Sun Import and Export Company Limited (China)
• Fujian Aidi Electric Co., Ltd (China)
•  Fairbizps (India)
• MAHAVIR OVERSEAS (India)
• Venkateshwar Technopack Industries (India)
• Indo Blow Plastic Industries. (India)
• Justrite (U.S.)
• Changzhou Changshun Plastic CO. Ltd. (China)
• Changzhou Fengdi Plastic Technology Co. Ltd. (China)
• Xi An MaiJieKe Green Liquid Tank Co. Ltd. (China)
• Ningbo Jiayi Marine Co., Ltd. (China)
• Suzhou Innovation Packaging Materials Co., Ltd (China)

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