Rigid Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Steel Drums
Overview
Market size
$4,200
global, USD
CAGR
3.8%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$5061
What changed
Demand by region
Asia Pacific demand35%
North America demand25%
Europe demand25%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Cold-rolled steel feedstock55%
Logistics and freight transportation15%
Manufacturing energy and overhead15%
Direct manufacturing labor10%
Coatings, linings, and closure components5%
share of delivered cost (analyst estimate)