The global collapsible jerry can market was worth US$ 5 Billion in the year 2022 and is expected to reach US$ 6.72 Billion by the year 2032 at a CAGR of 3% between 2022 and 2032.

Collapsible jerry cans, better known as foldable jerry cans, have turned out to be viable solutions for doing away with inessential overheads and also storage problems of empty containers. Thus, collapsible jerry cans, as the name suggests, could be compressed or folded into numerous sections, thereby resulting in increased stability and load capacity.

Collapsible jerry cans are capable of handling the high demand (mentioned above) owing to convenience in the end-use industries like chemicals and lubricants, food & beverages, and likewise. Collapsible jerry cans have been designed for protecting liquid products from leakage and spillage at the time of transit. The materials used include LDPE, HDPE, PVC, and likewise.

Multi-layered collapsible jerry cans are well-known in agrochemicals vertical. The bulk and compact protective packaging solutions from collapsible jerry cans would are lightweight. Bioplastics are being used of late. This trend is expected to help the collapsible jerry can market grow on an unstoppable note in the near future.

At the same time, risk of tearing-off during transportation could restrain the market and the scenario may persist even in the forecast period.

Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Collapsible Jerry Can Market. It has its team of analysts and consultants to execute using a 360-degree view across macros and micros.

“With storage managers on continuous lookout for package formats to increase storage capacity, the global collapsible jerry can market is likely to grow well in the forecast period”, says an analyst from Future Market Insights.

Key Takeaways from Collapsible Jerry Can Market

·        North America holds a significant market share due to increase in sales of automotives all across the US.

·        The Asia-Pacific is expected to grow in the collapsible jerry can market on the back of increase in manufacturing activities in China and India.

·        Europe is expected to grow in collapsible jerry can market with Germany dominating the scene.

Competitive Cans

·         Butyl Products Ltd. has its plastic collapsible jerry can that is produced from non-toxic food grade LDPE. They are self-supporting and well-suited for use in emergency. Square-shaped in color, they help in collection of water as well as storage for family usage. There are molded carry handles incorporated into design; thereby rendering them simple to transport through hand. Every jerry can does have a screw top lid along with distribution tap for simplicity of use.

·         Polychute India has its 1 liter rectangular plastic jerry can that has the capacity of storing almost 1 liter of liquid and could be personalized according to patrons’ specifications.

What does the Report encompass?

·         The research study is based on material type (PE (Polyethylene) collapsible jerry cans, HDPE (high density polyethylene), LDPE (low density polyethylene), PP (polypropylene) collapsible jerry cans, PVC (polyvinyl chloride) collapsible jerry cans, PET (polyethylene terephthalate collapsible jerry cans, ethyl vinyl alcohol (EVOH) collapsible jerry cans, bioplastic collapsible jerry cans, bio PE, PLA (poly lactic acid), other bioplastics, and the other collapsible jerry cans materials), by capacity (collapsible jerry cans up to 10 liters, collapsible jerry cans from 11 liters to 20 liters, collapsible jerry cans from 21 liters to 30 liters, and collapsible jerry cans above 30 liters), by closure type (push pull closure collapsible jerry cans, screw cap collapsible jerry cans, and other closure type collapsible jerry cans), and end-use industry (collapsible jerry cans for food & beverages, juices & milk, vegetable oil, alcoholic beverages, collapsible jerry cans for agrochemicals, pesticides & insecticides, fertilizers, collapsible jerry cans for industrial chemicals, collapsible jerry cans for petroleum and lubricants, collapsible jerry cans for pharmaceuticals, collapsible jerry cans for consumer goods, and collapsible jerry cans for other end-use industries).

·         With bulk as well as small packaging options gaining prominence, the global collapsible jerry can market is bound to grow noticeably in the forecast period.

Get Full Report: https://www.futuremarketinsights.com/reports/collapsible-jerry-can-market