The market size of Jerry Cans Market share was USD 2.83 billion in 2022 and is projected to reach USD 3.99 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2030.
Jerry Cans, a vital component in various industries, have witnessed substantial growth in recent years. With a market size of USD 2.83 billion in 2022, the industry is poised for further expansion, expected to reach USD 3.99 billion by 2030. This growth trajectory reflects a steady compound annual growth rate (CAGR) of 4.4% over the forecast period spanning from 2023 to 2030.
The increasing demand for Jerry Cans can be attributed to their versatile applications across multiple sectors. These robust containers play a crucial role in the safe storage and transportation of various liquids, including chemicals, fuels, and hazardous substances. As industries continue to evolve and expand, the need for reliable and durable Jerry Cans becomes paramount.
Furthermore, the growing emphasis on safety regulations and environmental concerns has further propelled the demand for high-quality Jerry Cans. Manufacturers are investing in advanced technologies and materials to ensure compliance with stringent safety standards and minimize environmental impact.
Geographically, the market for Jerry Cans exhibits a promising outlook across different regions. North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are witnessing significant growth in the adoption of Jerry Cans. This can be attributed to the expanding industrial sectors, increasing trade activities, and rising awareness regarding the importance of safe and efficient liquid storage and transportation.
In conclusion, the Jerry Cans market is poised for substantial growth in the coming years. With a projected market size of USD 3.99 billion by 2030 and a CAGR of 4.4% during the forecast period from 2023 to 2030.
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KEY MARKET SEGMENTATION
By Material
· Plastic
· Metal
By Capacity
· 2040 liters
· 4060 liters
· 6080 liters
· Others
By Shape
· Round
· Stackable
· Square
· Others
By Manufacturing Process
· Blow Molding
· Compression Molding
· Injection Molding
By End Use
· Food Beverages
· Pharmaceuticals
· Oil Lubricants
· Chemicals
· Agrochemicals
· Others
Key Players
Some major key players in the Jerry Cans market are Greif Inc, Myers Industries Inc, Barrier Plastics Inc, Wilkinson Containers Ltd, DS Smith Plastics Ltd, Can-One Berhad, Time Technoplast Ltd, California Plastics Products, Nexus Packaging Ltd, Carrick Packaging and other players.
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Latest released research study on Jerry Cans Market delivers volume and values at regional and company levels considering slowdown due to COVID across the globe.
From a global perspective, the report analyzes historical data and future prospects to represent the total Global Jerry Cans Market size broken down by various segments (type and application) and by highest potential and emerging countries.
Definition: Jerry cans are uniquely designed containers generally made of steel and plastic.
Unlock new opportunities in Global Jerry Cans Market; the latest release from AMA highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider gaining better insights Global Jerry Cans Market Segmentation's The segmentation chapter allows readers to understand aspects of the Global Jerry Cans Market such as products, available technologies, and applications.
These chapters are written in a way that describes years of development and the process that will take place in the next few years.
The research report also provides insightful information on new trends that are likely to define the progress of these segments over the next few years.
Jerry Cans Market Research Report by Material (Plastic, Metal), Capacity (Below 10 liters, 10 to 25 liters, above 25 liters), Molding Process (Blow Molding, Injection Molding, Compression Molding), End Use (Chemicals & agrochemicals, Pharmaceuticals, Oil & Gas, Food & Beverages), and Region-Global Forecast till 2023Market Synopsis of Global Jerry Cans MarketJerry can is a container which is used to store different types of liquids such as chemicals, fuels, oil and pharmaceuticals.
Jerry cans are available in various shapes, designs, colors, and sizes.
Various features associated with jerry cans are moisture resistance, leak proof quality, and odor less storage.
Geographically, the global market for jerry cans has been divided into four major regions — North America, Europe, Asia-Pacific, and the rest of the world.
China and India are the largest contributors in this region due to GDP growth in developing economies and rapidly increasing manufacturing activities and expansion of the industrial sector driving the growth of the market.Browse Full Report : https://www.marketresearchfuture.com/reports/jerry-cans-market-6594 Asia-Pacific is expected to grow at the highest CAGR during the forecast period.
China, Japan, India, and Singapore are the major markets in Asia-Pacific.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
