Published by mark itwired
Posted on October 11, 2021
6 min readLast updated: January 29, 2026
The plastic pails market is set to grow steadily due to increased demand for sustainable packaging and innovations in recyclable materials.
Future Market Insight’s recent report on the global plastic pails market predicts that the market is scheduled to cross a threshold of US$ 656 Mn, expanding at a positive rate across the assessment period 2020-2030.
Manufactures are increasingly looking for alternatives to mainstream packaging in order to overcome bulk packaging challenges. Adoption of plastic pails has significantly helped in this respect by reducing costs and introducing lightweight packaging. Therefore, the plastic pails market has registered a significant uptick in the past few years.
The call for environmental sustainability has prompted governments to implement tough legislations on plastic usage. Plastic pollution has emerged as a major challenge since the 20th century, threatening the natural equilibrium. Overflowing landfills due to accumulation of non-biodegradable plastic waste have generated dire consequences for the environment.
Realizing this, manufacturers have been investing intensively in producing biodegradable and recyclable plastic. Recycled plastic pails have proven instrumental in reducing the global carbon footprint as it reduces dependence on fossil fuels. Additionally, recycled plastic pails allow for cost-saving, thereby increasing their customer base.
To know more about this market, request a sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-11717
“Growth of the global plastic pails market is expected to remain steady across the forecast period, owing to increased production of recycled pails. However, reducing oil prices worldwide are inducing a southward trend in the value of plastics, making companies question the feasibility of recycling. As a consequence, the commitment to sustainability is not being met, impeding growth prospects,” infers a prominent FMI analyst.
Key Takeaways from FMI’s Plastic Pails Market Research Report
Global Plastic Pails Market- Key Trends
Global Plastic Pails Market- Region-wise Analysis
For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-11717
Global Plastic Pails Market- Competitive Landscape
The global plastic pails market is fragmented, characterized by the prevalence of several small-care manufactures. The tier III players account for nearly 4/5th of the overall market share.
Mauser Group N.V., NCI Packaging, Time Technoplast Ltd., Balmer Lawrie & Co., Ltd., M&M Industries Ltd. and Great Western Containers Inc. are some prominent players. To survive in the highly competitive market, vendors are relying on mergers and acquisitions which enhances their core competencies.
Expansion of product portfolios, collaborations with various players and agencies as well as product innovations also constitute important growth strategies. For instance, M&M Industries Ltd manufactures the Superkube K1 and K2 pails. The former is a Life Latch UN solids group II and III usage certified while the latter is lightweight for general use.
Plastic Pails Market Taxonomy
Product Type
Material Type
Capacity
End-Use
Region/Country
North America
Latin America
Europe
MEA
East Asia
South Asia
Oceania
About the Plastic Pails Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global plastic pails market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the plastic pails market on the basis of product type (open top/head and close top/head), material type (Polyethylene (PE), Polypropylene (PP), Polyethylene terephthalate (PET), Polyvinyl chloride (PVC) and others), capacity (up to 3 liters, 3 to 5 liters, 5 to 10 liters, 10 to 20 liters and above 20 liters), end use (paints & coatings, inks, dyes & pigments, petroleum & lubricants, agrochemicals & fertilizers, food & beverage ingredients and other industrial end uses) and across seven regions.
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The post Plastic Pails Market Market 2020 Development Status, Competition Analysis, Type and Application 2026 appeared first on Industry News Analsis.
The article discusses the growth and trends of the global plastic pails market from 2020 to 2026, focusing on sustainability and recycling.
Sustainability is crucial due to environmental concerns and regulations pushing for recyclable and biodegradable packaging solutions.
While North America and East Asia are major markets, South Asia is expected to see significant growth opportunities.
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