The global sales of collapsible jerry cans are estimated to be worth USD 466.7 million in 2024 and are anticipated to reach a value of USD 661.6 million by 2034. Sales are projected to rise at a CAGR of 3.6% over the forecast period between 2024 and 2034. The revenue generated by collapsible jerry can in 2023 was USD 450 million. The industry is anticipated to exhibit a Y-o-Y growth of 3.7% in 2024.
The plastic material takes the lead in the market of collapsible jerry cans. This is because it is light in weight, resistant to corrosion, and versatile. Plastic jerry cans are portable and easy to store since they can be more conveniently used for purposes other than outdoor or emergency preparedness.
At a cost comparison basis, plastic alternatives to metals are also making them more popular. Apart from this, plastic materials can be molded into many shapes and sizes, which increases its functionality. At large, these benefits make plastics the preferred option in this market.
Global Collapsible Jerry Can Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 450 million |
| Estimated Size, 2024 | USD 466.7 million |
| Projected Size, 2034 | USD 661.6 million |
| Value-based CAGR (2024 to 2034) | 3.6% |
In the collapsible Jerry can market, the food and beverage category takes up market shares due to the rising demand for safe and portable packaging. These cans are made with stringent health regulations and, therefore, provide product integrity by ensuring that there would be no leakage in transporting liquids such as water, juices, and sauces.
Also, the raising issue of sustainability makes the case for adopting collapsible cans because the nature of the cans when made to be light weight and reusable is actually favorable for sustainability. the convenience feature of foldable designs is attractive to customers on the lookout for the ideal storage products.
On a whole, convenience being one of the priorities of the food and beverage industry's safety coupled with convenience in safety ensures that food and beverage is the leading segment in this market.
The collapsible jerry can industry is set to experience promising growth during the forecast period. It is projected to create an incremental opportunity of USD 211.6 million and is predicted to rise 1.4 times the current market value through 2034.
The above table presents the expected CAGR for the global collapsible jerry can market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 3.5%, followed by a slightly low growth rate of 3.2% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 3.5% (2023 to 2033) |
| H2 | 3.2% (2023 to 2033) |
| H1 | 3.2% (2024 to 2034) |
| H2 | 3.6% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 3.2% in the first half and remain relatively moderate at 3.6% in the second half. In the first half (H1) the market witnessed a decrease of 30 BPS while in the second half (H2), the market witnessed an increase of 40 BPS.
Collapsible Jerry Cans are Lightweight and Save Space
High demand for collapsible Jerry cans is driven by its portable collapsibility and space-saving flexibility. Such cans fold or collapse to reduce its volume on becoming empty, which can then be stored and transported with ease. Its lightness also makes it workable for plenty of tasks that require ease in lifting, like camping and hiking and other outdoor activities.
This also means that the equipment comes in a compact design which can be stored in bulk with a least usage of space during emergency preparedness. This gives them relative attractiveness both in personal and industrial applications.
Demand for Portable Liquid Containers for Water and Beverages
An Increasing use of collapsible jerry cans in the food and beverage sector is highly driven by increasing demand for portable containers of liquid, particularly water, juices, and other beverages. Such cans provide convenient, lightweight containment of liquids for outdoor activities like camping, hiking, and sports where transporting liquids is efficiently needed.
Apart from this, in calamities and relief programs, easily collapsing jerry cans can quickly be utilized as sure containers for clean drinking water when distributed. The products are made to be compact and reusable, exactly two traits which consumers want for convenience and sustainability products. Therefore, the demand for these products is high in this industry.
Durability Issues Restricts the Market
Collapsibility, especially in collapsible Jerry cans made of plastic, brings major restraints into the market. A plastic model folded and unfolded several times can crack or even leak with punctures. Liquids carried for long distances or in rough conditions may easily rough the cans up, threatening to raise alarm.
Compared to rigid, non-collapsible cans, collapsible cans have a shorter life and show more frequency of replacement. So the user may wonder if it is reliable and cost-effective for an extended period of time as they seek more robust alternatives.
The global collapsible jerry can industry recorded a CAGR of 1.7% during the historical period between 2019 and 2023. The growth of collapsible jerry can industry was positive as it reached a value of USD 450 million in 2023 from USD 421.0 million in 2019.
Collapsible jerry cans, also known as foldable jerry cans, have emerged as a viable solution to eliminate unnecessary overhead expenses and the storage problem of an empty container. The collapsible jerry can have folded or compressed into a number of sections, resulting in increased load capacity and stability.
Furthermore, storage managers are constantly on the lookout for package formats that will increase their storage capacity. The collapsible jerry can handle all of this. Collapsible jerry cans are in high demand due to the convenience and safety of shipping products in a variety of end-use industries such as food and beverages, chemicals and lubricants, and so on.
Collapsible jerry cans are designed to protect liquid products from spillage and leakage during transit. Collapsible jerry cans are made of materials such as HDPE and LDPE, PVC, and others.
Among the raw materials, HDPE is the most often utilized in the production of collapsible jerry cans. Many manufacturers are covering collapsible jerry cans with barrier layers to protect them from sunlight and other environmental hazards. Multi-layered collapsible jerry cans are popular in a variety of industries, including agrochemicals and industrial chemicals.
During the forecast period, all of the aforementioned factors are expected to have a favorable influence on the worldwide collapsible jerry can market. The collapsible jerry can's compact and bulk protective packaging solution for industrial chemical end use will drive the market throughout the projection period.
Additionally, the small weight of the material used in collapsible jerry cans is gaining appeal. Furthermore, producers have produced collapsible jerry cans made of bioplastic, which have witnessed enormous demand in recent years. The availability of collapsible jerry cans with barrier layers of EVOH, polyamide, and other materials provides improved protection for food and beverage items kept in collapsible jerry cans.
Tier 1 companies include market leaders that correspond to a market revenue above USD 15 million capturing significant market share between 10% and 15% of the global market. These market leading firms are characterized by high production capacity and a wide product portfolio.
These players are characterized by substantial manufacturing experience concerning a range of products for different applications and geographic penetration, backed by a strong consumer base. These companies manufacturing the products have products on offer with a wide range and with state-of-the-art technological innovations, coupled with adherence to regulatory imperatives that offer nothing but the best quality.
Tier 1 prominent companies include Butyl Products Ltd., Avior Industires, and Fu Deng Plastic Co., Ltd.
The companies in Tier 2 include mid-size players with revenues of USD 5 million to USD 15 million, present in specific regions, and highly influencing the regional market. Such players are characterized by a limited international presence and well-maintained market knowledge.
In the case of such market players, the technology is good, and the regulatory compliance is ensured, though advanced technology with wide global reach may not be there. While other prominent companies in tier 2 include Group ILS, Narang Medical Limited, Equipments Machines UAE, Musthane, and others.
The rest are very small companies operating at the local presence and serving niche markets having revenue below USD 5 million. These companies are notably oriented to the fulfillment of local market demands and are consequently classified within the tier 3 share segment.
They are players on a very small scale, and have very limited geographical reach. Within this context, Tier 3 can be described as an unorganized market, a generic term applied to that part of the industry which has less structure and formalization compared to the organized competitors.
The section below covers the industry analysis of the collapsible jerry can market for different countries. Market demand analysis on key countries in several regions of the globe, including North America, South Asia & Pacific, East Asia, Western Europe, Eastern Europe, and others, is provided.
In North America, Canada is anticipated to register a moderate growth at 3.9% through 2034. In South Asia Pacific, India is an emerging country in collapsible jerry can projected to witness a growth rate of 4.4% by 2034 end.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 2.2% |
| Germany | 1.9% |
| UK | 1.5% |
| Brazil | 3.8% |
| India | 4.4% |
| China | 4.5% |
| Japan | 3.2% |
| GCC Countries | 4.2% |
| Canada | 3.9% |
According to the Ministry of Commerce and Industry, India is ranked as the world’s largest producer of agrochemicals. The total organic and inorganic chemical exports from the country were accounted for USD 23.78 billion in the year FY2023. The demand for durable, light containers such as collapsible Jerry cans to carry agrochemicals and chemicals is driven by rising needs for safe and efficient packaging solutions.
This growth in the chemical sector increases market demand for such versatile packaging, especially if it can be done with a focus on cost-effectiveness of storage and transport. India is anticipated to account for more than 50% of the total sales of collapsible jerry cans across South Asia and Pacific region.
Germany’s market is leading among the Western Europe region poised to exhibit a sluggish CAGR of 1.9% between 2024 and 2034. According to the European Chemical Industry Council (CEFIC), chemicals and pharmaceuticals is the third largest industry in Germany and recorded a turnover of around USD 251.2 billion (USD 225.5 billion) in 2023.
The chemical industry is one of the country’s most important industrial sectors which plays a key role in its economic development. Collapsible Jerry cans save so much space and are portable, this makes them the ideal package for safe storage and transportation of liquids such as chemicals. The increased industrial activity raises the demand for flexible packages and thus enlarges the German market.
The section contains information about the leading segments in the industry.
| Material | Plastic |
|---|---|
| Value Share (2034) | 65% |
In the collapsible jerry can market, plastic forms approximately 65%. Plastic leads due to its lightweight, cost-effectiveness, corrosion resistance, and thus more versatile for applications such as food & beverage, chemical, and other outdoor products.
It is easier to make plastic jerry cans, easier to transport, and easier to stock than its metal counterparts. Besides the fact that they are durable and can be put into use with flexibility in designing, it has a vast use compared to metal-based alternatives.
| End Use | Food & Beverage |
|---|---|
| Value Share (2034) | 37% |
Food & beverage is the largest category in the collapsible jerry can market, holding about 37% market share. This is due to the fact that there is a requirement of the use of safe containers for the liquids like water, juices, and other beverages, which are portable, easy to carry, and light in weight.
It is very important, while saving the space and having reusable packaging, to contain the things while performing outdoor and emergency activities or humanitarian action. They also adhere to the safety standards of food, which gives them a better reputation as well as ease in use, positioning them as the leading ones compared to industries such as agrochemicals as well as petroleum.
The market for collapsible Jerry cans has established players and new entrants focused in innovation and sustainability. The largest market players are beginning to focus on advanced materials that offer better durability, functionality, while at the same time reducing the environmental impact.
Also, companies expand their product lines to meet the requirements of wide industries such as food, beverages, and chemicals. In addition to that, strategic partnerships as well as collaborating with distributors and suppliers are critical in order for the leaders in the market to entrench their positions as well as improve efficiency in a supply chain.
Recent Industry Developments in Collapsible Jerry Can Market
In terms of material, the industry is divided into plastic, and metal.
In terms of capacity, the industry is segregated as below 10 liters, 10 to 25 liters, and above 25 liters.
The industry is classified by application as food and beverage, agrochemical, industrial chemicals, and petroleum and lubricants.
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
The global collapsible jerry can industry is projected to witness CAGR of 3.6% between 2024 and 2034.
The global collapsible jerry can industry stood at USD 450 million in 2023.
The global collapsible jerry can industry is anticipated to reach USD 661.6 million by 2034 end.
South Asia and Pacific is set to record the highest CAGR of 4.7% in the assessment period.
The key players operating in the global collapsible jerry can industry include Butyl Products Ltd., Avior Industires, and Fu Deng Plastic Co., Ltd,
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Collapsible Jerry Can Market
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