Jerry Cans Market Share

Global Jerry Cans Market Overview

Jerry Cans Market Size was valued at USD 3.0 Billion in 2023. The Jerry Cans industry is projected to grow from USD 3.13 Billion in 2024 to USD 4.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.75% during the forecast period (2024 - 2032). Increased demand from the outdoor recreation and camping markets, as well as the growing popularity of tailgating and outdoor gatherings, are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Jerry Cans Market Trends

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  The rising consumer concern regarding sustainability is notably driving the market growth.

  
  

Market CAGR for jerry cans is being driven by the growing consumer concern regarding sustainability. Aluminum is a good example of a valuable metal that can be recycled several times without losing its qualities. Recycling aluminum and steel cans provides organizations with both environmental and economical benefits, allowing them to minimize their carbon footprint and protect natural resources. Furthermore, recycling beverage cans uses less energy than producing new cans. As consumers become more conscious of a company's environmental impact on natural resources, they prefer businesses that prioritize sustainability.

For instance, Many US customers prefer brands that showcase their sustainability activities in their packaging or marketing. As a result, rising consumer awareness and the benefits of recycling beverage cans are likely to drive market growth in the future years.

Additionally, the increasing demand for jerry cans in many industry sectors is for a variety of purposes such as packaging and liquid storage. As a result, the jerry can is thought to be the best product that is effective and provides damage-free storage and transportation, which is also expected to increase the market's performance over the assessment period. Jerry cans are recognized to provide various helpful features for the supply and transportation of liquids, such as odorless qualities, leakproof quality, and moisture-resistant aspects, which has resulted in a growth in jerry cans demand. The jerry cans must meet particular market criteria, and developments such as making layered 10-liter palatinate sugarcane for shipping eliminate the need for boxes. The stackable design, combined with the utilization of renewable resources, has increased the use of these jerry cans around the world.Myers Industries has expanded its production capabilities by acquiring a rotational molding facility in Georgia in May 2022. This acquisition enables Myers Industries to boost its production capacity and satisfy growing demand for its products within different industries, such as industrial packaging. Other products include drums, jerry cans etc., created by this Company.

Jerry Cans Market Segment Insights

Jerry Cans Capacity Insights

The Jerry Cans Market segmentation, based on capacity includes 20 liters, 30 liters, 40 liters, 50 liters, 60 liters, 70 liters, 80 liters and others. The 20 liters category is expected to dominate the worldwide jerry can market, owing to increased demand from the chemical, petrochemical, and food and beverage industries, among others. Jerry cans with capacities less than 10 litres are commonly used for packing smaller quantities of products such as agrochemicals and household chemicals, among others.

Jerry Cans Material Insights

The Jerry Cans Market segmentation, based on material, includes HDPE, LDPE, PP And PET. In 2022, the HDPE segment is anticipated to hold a market share of approximately 79.56% by value. High-density polyethylene is a reasonably priced material. As a result, it is one of the most commonly used materials in the packaging sector. It also has good low-temperature resilience and is resistant to most solvents. It also has a good moisture barrier. All of these characteristics, combined, make it perfect for the production of jerry cans.

Jerry Cans Shape Insights

The Jerry Cans Market is divided into shape segments such as round, square, stackable, and others. In 2022, square segment held the largest share in the market. Square shapes are easy to stack and dependable for liquid packaging and transportation. The Square Jerry Can's main characteristics include rigidity and strength, as well as the fact that its shape and dimensions are ideal for usage with an 1140 x 1140mm pallet.

Jerry Cans Manufacturing Process Insights

The Jerry Cans Market is divided into three segments depending on the manufacturing process: blow molding, injection molding, and compression molding. The blow molding segment accounted for a sizable market share. Blow molding is a sort of plastic-forming procedure used to create hollow plastic items out of thermoplastic materials. The procedure involves heating and inflating a plastic tube called as a parison or preform. The parison is sandwiched between two dies that have the desired shape of the result. The tube is then filled with air, which causes the walls to thin and adhere to the shape of the mould. After the blowing process is completed, the product is cooled, expelled, trimmed, and prepared for the following operations.

Figure1: Jerry Cans Market, by manufacturing process, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Jerry Cans End-User Insights

The Jerry Cans Market segmentation, based on end-user, includes food & beverages, chemicals, pharmaceuticals, agrochemicals, oil and lubricants and others. The food and beverages category accounted for more than 60.0% of total sales in the jerry cans market in 2022. On a commercial basis, the product is commonly used to transport liquid food products including sauces, ketchup, coffee creamer, and beverage mixes like iced tea and Horlicks Protein Powder Mix. One of the primary factors contributing to market expansion in recent years has been rising demand for packaged food goods across various areas. Furthermore, increased use of alcoholic beverages such as wine is expected to drive market growth.

Jerry Cans Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. Over the projected period, the Asia Pacific region is expected to have the fastest growth rate. Rapid industrialization, along with growing construction and manufacturing sectors, particularly in several developing countries such as China and India, are expected to fuel demand for various chemicals and petrochemicals, benefiting market growth. Moreover, China’s Jerry Cans Market held the largest market share, and the Indian Jerry Cans Market was the fastest-growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.Brazil has been announced as a location for the introduction of Grief, Inc.’s lightweight and high-performing jerrycan in June 2022. It is planned that the new can be used for chemicals, fragrances, flavors, agrochemicals and beverages. It is made from advanced materials to ensure it remains lightweight for handling and transportation while also being durable and reliable. This will allow it to meet the increasing demand for quality packaging solutions for Brazil’s industrial and farming sectors.

Figure2: JERRY CANS MARKET SHARE BY REGION 2022 (USD Billion) Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Jerry Cans Market accounts for the second-largest market share because of the growing millennial population in places like the area. Further, the German Jerry Cans Market held the largest market share, and the UK Jerry Cans Market was the fastest-growing market in the European region

The North America Jerry Cans Market is expected to grow at the fastest CAGR from 2023 to 2032. This is because of the high demand for beverage cans in a variety of applications such as carbonated soft drinks, alcoholic beverages, and so on.

Jerry Cans Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Jerry Cans Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Jerry Cans industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Jerry Cans industry to benefit clients and increase the market sector. In recent years, the Jerry Cans industry has offered some of the most significant advantages to medicine. Major players in the Jerry Cans Market, including California Plastic Products, Promens h, Can-One Berhad, Time Technoplast Ltd., Parekhplast India Limited and others, are attempting to increase market demand by investing in research and development operations.

Larsen & Toubro Ltd, or L&T, is a Mumbai-based Indian multinational conglomerate with interests in engineering, construction, manufacturing, technology, information technology, and financial services. The corporation is ranked among the top five construction firms in the globe. Henning Holck-Larsen and Sren Kristian Toubro, two Danish engineers seeking asylum in India, formed the company. In April 2020, Larsen & Toubro Limited, based in Mumbai, has obtained a contract from Wuhan Engineering Ltd of China to deliver critical gasification equipment for its first coal gasification project in India.

Babcock & Wilcox is an American energy technology and service provider with headquarters in Akron, Ohio, and operations in several international markets throughout the world. The company is well known historically for its steam boilers. Stephen Wilcox and George Babcock started the company in Providence, Rhode Island, in 1867 to produce and market Wilcox's innovative water-tube boiler. In January 2020, A contract to install retrofit boiler equipment was granted to Babcock & Wilcox Construction Co LLC.

Key Companies in the Jerry Cans market include

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  Wilkinson Containers Ltd

  
  


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  SOTRALENTZ Packaging S.A.S

  
  


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  AST Kunststoffverarbeitung GmbH

  
  


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  Ipackchem Group SAS

  
  


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  DS Smith Plastics Ltd

  
  


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  California Plastic Products

  
  


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  Promens h

  
  


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  Can-One Berhad

  
  


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  Time Technoplast Ltd.

  
  


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  Parekhplast India Limited

  
  

Jerry Cans Industry Developments

In June 2022, Berlin Packaging, the world's leading Hybrid Packaging Supplier, has acquired Vidrieras Pérez Campos SL, a family-owned Spanish distributor of glass packaging for the olive oil, home fragrance, and spirits markets. The acquisition broadens Berlin Packaging's market presence in Iberia and provides Vidrieras Pérez Campos' clients with access to Berlin Packaging's extensive product line, which includes jerry cans.

In October 2021, Schütz GmbH & Co KGaA, a prominent manufacturer of high-quality transport packaging, has signed a purchase agreement for 100% of the shares in Ireland's GEM Plastics Limited. It services the chemical, lubricant, food & beverage, and pharmaceutical industries. In addition to typical plastic drums and jerrycans, the comprehensive product line provides customised packaging solutions for unique customer demands.

In May 2021, Volnaa intends to introduce packaged drinking water in aluminium cans, making it easier for consumers to securely sip water on the go. With the relock revolution, the firm intends to combat the threat of plastic pollution by producing 100% recyclable cans. According to the company's representative, the goods can be moved from the shelf to the bins and back to the shelf within 60 days. Because of these skills, the company is likely to grow sustainably.

Jerry Cans Market Segmentation

Jerry Cans Market By Capacity Outlook

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  20 liters

  
  


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  30 liters

  
  


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  40 liters

  
  


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  50 liters

  
  


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  60 liters

  
  


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  70 liters

  
  


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  80 liters

  
  


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  Others

  
  

Jerry Cans Market By Material Outlook

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  HDPE

  
  


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  LDPE

  
  


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  PP

  
  


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  PET

  
  

Jerry Cans Market By Shape Outlook

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  Round

  
  


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  Square

  
  


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  Stackable

  
  


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  Others

  
  

Jerry Cans Market By Manufacturing Process Outlook

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  Blow Molding

  
  


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  Injection Molding

  
  


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  Compression Molding

  
  

Jerry Cans Market By End-Use Outlook

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  Food & Beverages

  
  


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  Chemicals

  
  


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  Pharmaceuticals

  
  


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  Agrochemicals

  
  


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  Oil and Lubricants

  
  


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  Others

  
  

Jerry Cans Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America