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Report Overview

The pails market size reached around USD 2.18 Billion in 2024. The market is projected to grow at a CAGR of 4.70% between 2025 and 2034 to reach nearly USD 3.45 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The global chemical sector accounts for around USD 4 trillion, thereby leading to the expansion of the market.
  • As per the industry reports, the global construction sector is estimated to grow by USD 4.5 trillion in the upcoming ten years.
  • In the year 2019, the estimated worth of the global food and beverages sector was nearly USD 5,943.6 billion, contributing to pails market revenue.

Compound Annual Growth Rate

Value in USD Billion

4.7%

2025-2034


Pails Market Outlook

*this image is indicative*

 

Global Pails Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 2.18
Market Size 2034 USD Billion 3.45
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.70%
CAGR 2025-2034 - Market by Region Asia Pacific 5.4%
CAGR 2025-2034 - Market by Country India 6.2%
CAGR 2025-2034 - Market by Country China 5.2%
CAGR 2025-2034 - Market by Material Type High Density Polyethylene 5.3%
CAGR 2025-2034 - Market by End Use Paints & Coatings 5.6%
Market Share by Country 2024 India 3.7%

Global Pails Market Growth

By 2030, the size of the construction market worldwide is anticipated to reach around USD 15.2 trillion. It is anticipated that 60% of this growth will come from China, India, the United States, and Indonesia. During this period, the top ten markets for construction are expected to be responsible for around 70% of the sector’s growth, consequently leading to the expansion of pails market size. Pails in the construction sector are essential for the storage and movement of materials such as adhesives, sealants, paints, and chemicals. Their durable design and impact resistance make them ideal for managing heavy-duty materials in demanding environments. In addition, Pails are also cost and operationally effective because they can be used many times without being damaged.

As per the pails market analysis, chemicals affect over 95% of the goods manufactured in the world. In the chemical sector, pails are used in the transport and storage of hazardous and non-hazardous products which include liquids, powders, and granules. With features like secure, tight-sealing lids and ergonomic handling, pails provide an effective solution for managing chemicals in industrial environments. Their leak-proof and chemical resistant design helps to maintain the quality of the products and enhances safety.

Key Trends and Developments

Global Pails Market Trends

With expansion of multiple sectors including construction, food and beverages, chemicals, and pharmaceuticals, the share of pails market has significantly expanded. There are also advancements in the structure of pails, such as better handles, spouts, stackable pails, contributing to the better storage and transportation of the pails. One of the notable pails market trends is the shift from petroleum-based materials to more environmentally friendly options which are generally made of recycled plastic and other bio-compliant materials. The application of pails is also widening in the transport sector due to the developments of hybrid structures which are strong but lightweight.

Global Pails Industry Segmentation

The EMR’s report titled “Global Pails Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Material Type:

  • High Density Polyethylene
  • Low Density Polyethylene
  • Polypropylene
  • Steel
  • Aluminum
  • Others

Market Breakup by End Use:

  • Paints & Coatings
  • Inks, Dyes & Pigments
  • Petroleum & Lubricants
  • Agrochemicals & Fertilizers
  • Food and Beverage
  • Others

Market Breakup by Capacity:

  • 1 Gal
  • 3 Gal
  • 4 Gal
  • 6 Gal
  • 9 Gal
  • 10 Gal
  • 12 Gal

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2025-2034 - Market by Country
India 6.2%
China 5.2%
UK 4.3%
USA 4.2%
Italy 3.3%
Canada XX%
Germany XX%
France XX%
Japan 3.2%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Global Pails Market Share

Based on end use, the market is segmented into paints & coatings, inks, dyes & pigments, petroleum & lubricants, agrochemicals & fertilizers, and food and beverage, among others. The paints and coatings segment are projected to dominate the market, representing a CAGR of 5.6% during the forecast period, leading to the pails market growth. Pails serve an important function in the paints and coatings sector since they ensure safe retention and movement of a large volume.

Leading Companies in the Global Pails Market

Major market players are focusing on the adoption of sustainable production methods to gain competitive edge and improve pails market outlook.

Leaktite Corporation

Founded in the year 1945 in Massachusetts, United States, the company designs and constructs plastic products such as buckets and pails which are mainly used in construction and renovations sector especially known for their durability and adaptability.

Time Technoplast Ltd.

Founded in 1992 and headquartered in Mumbai, India, Time Technoplast Ltd., is a company that manufactures and sells polymer-based solutions like container, industrial packaging, lifestyle products among others across multiple sectors.

M&M Industries, Inc.

The company was founded in 1986 is headquartered in Tennessee, United States. M&M Industries, Inc. produces durable plastic pails and containers designed for industrial use, thereby leading to the expansion of pails market size.

Berry Global Inc.

Established in Indiana, United States in the year 1967, the company manufactures a variety of plastic packaging materials including films, containers, and engineered materials systems for multiple sectors.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the market are National Can Industries Pty Limited, C.L. Smith Company, Behrens Manufacturing, LLC, FDL Packaging Group Ltd., Kaufman Container Company, and Paragon Manufacturing Inc., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 2.18 Billion.

The market is assessed to grow at a CAGR of 4.70% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 3.45 Billion by 2034.

The major drivers of the market are expansion of the construction sector, rising food and beverage sector, and growing chemical sector.

As per the EMR report, the different types of end user in the market are paints & coatings, inks, dyes & pigments, petroleum & lubricants, agrochemicals & fertilizers, and food and beverage, among others.

Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The major players in the market are Berry Global Inc., Time Technoplast Ltd., M&M Industries, Inc., Leaktite Corporation, National Can Industries Pty Limited, C.L. Smith Company, Behrens Manufacturing, LLC, FDL Packaging Group Ltd., Kaufman Container Company, and Paragon Manufacturing Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material Type
  • Capacity
  • End Use
  • Region
Breakup by Material Type
  • High Density Polyethylene
  • Low Density Polyethylene
  • Polypropylene
  • Steel
  • Aluminum
  • Others
Breakup by Capacity
  • 1 Gal
  • 3 Gal
  • 4 Gal
  • 6 Gal
  • 9 Gal
  • 10 Gal
  • 12 Gal
Breakup by End Use
  • Paints & Coatings
  • Inks, Dyes & Pigments
  • Petroleum & Lubricants
  • Agrochemicals & Fertilizers
  • Food and Beverage
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Berry Global Inc.
  • Time Technoplast Ltd.
  • M&M Industries, Inc.
  • Leaktite Corporation
  • National Can Industries Pty Limited
  • C.L. Smith Company
  • Behrens Manufacturing, LLC
  • FDL Packaging Group Ltd.
  • Kaufman Container Company
  • Paragon Manufacturing Inc.
  • Others

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