Corrugated Open-head Drum Market

The global corrugated open-head drum market size is expected to be exceeding a valuation of US$22 Bn by the end of 2030.

The primary factor projected to drive the corrugated open-head drum market expansion are increase in demand for sustainable and innovative packaging solutions.

North America presently holds the largest share of the global corrugated open-head drum market.

In 2022, the plastic category held a significant share of the global market. On the other hand, by end user, the chemicals segment constituted a major share of the global corrugated open-head drum market.

The global corrugated open-head drum market is poised for continued growth in the coming years. With increased emphasis on sustainability and regulatory compliance, the market is likely to see a shift towards eco-friendly materials and innovative designs. Technological advancements, such as smart packaging solutions for tracking and monitoring, may also become more prevalent. Additionally, the market may witness regional expansions as companies seek to cater to the growing demand in emerging economies.