Global Paint Bucket Market, By Material (Metal, Plastic), Capacity (Less than 1 Liter, 1 to 10 Liters, 11 to 50 Liters, More than 50 Liters), Application (Industrial Coating, Architectural Coating), End User (Building and Construction Industries, Paint Industries, Chemical Industries, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Paint Bucket Market
Paint bucket market will reach an estimated valuation of USD 31.82 billion by 2028, while registering this growth at a rate of 4.80% for the forecast period of 2021 to 2028. Paint bucket market report analyses the growth, which is currently being growing due to the increasing usage for storing a large quantity of paints and coatings.
Paint buckets are usually used to store a large volume of paint and coatings. Often, these buckets are called pails. Paint buckets are airtight containers which help to reduce the inside products' spoilage and contamination. Paint buckets are easy to use solutions for many end-users.
The growing demand for the leakage proof packaging of the chemicals and pail material, availability of the lightweight product which tends to reduce transportation cost, increasing growth of the packaging industry across the globe, growing number of construction activities and infrastructure development are some of the major as well as important factors which will likely to accelerate the growth of the paint bucket market in the projected timeframe of 2021-2028. On the other hand, rapid urbanization, industrialization along with increasing consumption of paints and coatings which will further contribute by generating immense opportunities that will led to the growth of the paint bucket market in the above mentioned projected timeframe.
Changing plastic regulations along with degradation of waste paint buckets which will likely to act as market restraints factor for the growth of the paint bucket in the above mentioned projected timeframe.
This paint bucket market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on paint bucket market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Paint Bucket Market Scope and Market Size
Paint bucket market is segmented on the basis of material, capacity, end user, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the paint bucket market is segmented into metal, and plastic.
- Based on capacity, the paint bucket market is segmented into less than 1 liter, 1 to 10 liters, 11 to 50 liters, and more than 50 liters.
- On the basis of end user, the paint bucket market is segmented into building and construction industries, paint industries, chemical industries, and others.
- Paint bucket market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for paint bucket market includes industrial coating, and architectural coating.
Paint Bucket Market Country Level Analysis
Paint bucket market is analysed and market size, volume information is provided by country, material, capacity, end user, and application as referenced above.
The countries covered in the paint bucket 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, Israel, Egypt, South Africa, 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.
The U.S. dominates the North America paint bucket market due to the surging levels of investment for the development of advanced and improved infrastructure in the region. Asia-Pacific region is expected to hold the largest growth rate due to the increasing development of infrastructure development along with growing number of architectural projects for tourism in the region. Europe region will expect to grow in the forecast period of 2021-2028 due to the increasing growth of the construction industry along with rising number of architecture development in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Paint Bucket Market Share Analysis
Paint bucket 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 paint bucket market.
The major players covered in the paint bucket market report are Berry Global Inc.; BWAY Corporation; CL Smith; Symlux Plastics; Affordable Buckets, LLC; Leaktite Corporation.; Letica Corporation; FDL Packaging Group; Kelly-Moore Paints; Pro-Western Plastics; RL Plastics Ltd; Aaron Packaging; Paragon Manufacturing, Inc.; Kansai Plascon (PTY)LTD.; Reliance Plastic Containers.; Priya Enterprises.; TIRUPATI PLASTICS; Balaji Industries.; Hitech Group; SLJ UDYOG; Mold-Tek Packaging Ltd.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
COVID-19 is an incomparable global public health emergency that has impacted virtually every sector, so the long-term consequences expected over the forecast period would impact the development of the industry. Our ongoing research amplifies our research process to ensure that the fundamental COVID-19 problems and alternative pathways forward are included.
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