The global steel containers market size is expected to reach US$ 155.12 Billion in 2032. The steel containers market is growing rapidly.
As per FMI Analysts, the global Steel containers market is estimated to be valued at US$ 115.43 Billion in 2022 and is projected to increase at a CAGR of 3.0% in the forecast period from 2022 to 2032.
| Report Attribute | Details |
|---|---|
| Steel Containers Market Estimated Base Year Value (2021) | US$ 112.06 Billion |
| Steel Containers Market Expected Market Value (2022) | US$ 115.43 Billion |
| Steel Containers Market Anticipated Forecast Value (2032) | US$ 155.12 Billion |
| Steel Containers Market Projected Growth Rate (2022 to 2032) | 3.0% CAGR |
Containers made of stainless steel are used for the transportation, storage, and handling of a variety of food, drinks, and other products. Steel containers are strong, easy to handle, and anti-corrosive in nature which makes them ideal for preventing contamination caused by moisture and other environmental factors.
A thick wall finish makes steel containers highly suitable for storing products such as pulses, nuts, cookies, tea, and coffee. Steel containers are offered in product types such as jars, cans, canisters, bottles, drums, kegs, and IBCs. They are available in different sizes and shapes.
It is expected that containers will witness a significant increase in steel containers over the forecast period. The increasing demand for steel containers in the food industry for the storage, handling, and transportation of various food items could drive the growth of steel containers. Kegs are commonly used for packaging beer and spirits; cans and bottles are used for carbonated beverages, while oil is commonly packed in steel containers, fueling the market for steel containers in the industry.
Steel containers are extensively used as reactors in chemical industries because of their excellent isolation from external particles, ability to maintain the properties of chemical products, and inert nature. This feature is likely to push the growth of the global steel containers market in the forecast period. In addition, during the forecast period, the greater use of steel containers as household containers is foreseen to propel the growth of steel containers.
In the Asia Pacific except for Japan (APEJ), new economies are emerging, disposable income is increasing, and the food, beverage, and chemicals industries are growing rapidly, making this region a lucrative market for steel containers during the forecast period.
The market in ASEAN countries and India is expected to display notable growth in steel containers during the forecast period, whereas China is expected to maintain its leadership position.
North America is expected to register a significant growth rate in the steel containers market during the forecast period. Continuous expansions of end-use industries are expected to strongly drive the steel containers market growth. The USA is expected to have the greatest share of the market during the forecast period, while Canada is expected to register the highest growth rate.
Steel container sales in Western Europe are projected to grow during the forecast period due to the high growth rate of chemical, food, and beverage industries in the region along with the rising demand for effective and efficient steel containers for storage and shipping.
In order to cater to the divergent needs of individual customers, various manufacturer of steel containers is offering specialized steel containers with specific application-specific sizes and designs alongside their smooth finishing options that will make use for a more engaging experience for consumers.
During the second half of this year, Can-Pack SA extended its partnership with Polish company Special to push forward its collaboration and create new designs that reflected the identities of the regional malt houses, regional breweries, regional barleys, regional printing houses, and regional barleys.
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The steel containers market has received a lot of traction in the industry. Growing demand for steel containers in the food industry to handle, store, and ship various food products is likely to drive the growth of steel containers over the forecast period. Kegs for the packaging of drinks, cans, and bottles for carbonated beverages, and oil bottles for carbonated beverages are likely to drive the growth of steel containers during the forecast period.
As a result of excellent particle isolation, the chemical products keep their properties and the inert nature of the steel container, the steel containers are widely used in chemical industries as reactors. This factor is likely to drive the growth of the global steel containers market during the forecast period.
The market is foreseen to be boosted by the increasing use of steel containers for household purposes, which is predicted to propel the demand for steel containers during the forecast period.
Steel containers are manufactured from different stainless-steel grades and custom designed for holding, shipping, and handling your food, beverages, and other products. They have a rugged design, high strength, anti-corrosion properties, and airtight finishes that make them ideal for protecting your product from moisture contamination. Foldable steel containers have become more popular as global trade grows
Due to their thick wall finish, they are suitable for storing foods like pulses, nuts, cookies, tea, coffee, and others. steel container types include jars, cans, canisters, bottles, drums, kegs, and IBCs. steel containers are available in various shapes and sizes, and they are highly recyclable. Overall, the global steel container market statistics should stay positive over the forecast period.
The Asia Pacific Excluding Japan (APEJ) is forecasted to grow to be a lucrative market for the steel containers market during the forecast period owing to the presence of emerging economies, increasing disposable income, and robust growth of the food, beverage, and chemical industries.
During the forecast period, the steel containers market is likely to be dominated by ASEAN and India exhibiting a noteworthy growth rate, but China is projected to have a lead in terms of steel containers market share.
Being a major shareholder in the market, North America is also expected to register a high growth rate in the steel containers market. The continuous expansion of end-use industries is projected to generate substantial demand for steel containers, while the USA is expected to control a large share of the market, while Canada is expected to register the highest growth rates in the steel containers market.
Due to the high growth rate of the chemical, beverage, and food industries in Western Europe, and the escalating demand for storage and shipping of these products, the Western Europe steel containers market is projected to grow steadily during the forecast period.
Principal Consultant
Some of the leading companies operating in the global steel containers market include Supermonte Group Italy, Inc., SCHÄFER Container Systems, Unique Steel, Eagle Stainless, Ability Fabricators Inc., Eco Imprints, Inc., Müller GmbH, Thielmann - The Container Company, La Nuova Sansone S.r.l., WADA STAINLESS INDUSTRY CO LTD
Steel containers are designed and manufactured according to applications' specific aspects and factors, along with smooth options for finishing to provide their customers with a better customer experience. Each steel container manufacturer offers their customers unique design and size options, generating lucrative opportunities for the growth of the steel containers market.
The New York-based company, CAN-Pack SA, announced in July 2020 that the partnership with Poland-based Specjal would be extended in order to come up with new designs for the brand that are inspired by the logos of regional malt houses, regional breweries, regional barleys, regional printing houses, and regional barleys.
This is the first time that Ball Corporation, which was established in 1873, has signed a contract with Envases del Plata SA to start selling its tinplate steel aerosol packaging capacity in San Luis and Garin, Argentina.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.0% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
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The global steel containers market is set to exceed US$ 155.12 Billion in 2032.
The USA is projected to lead the steel containers market in the forecast period.
Supermonte Group Italy, Inc., SCHÄFER Container Systems, Unique Steel, and Eagle Stainless are some of the renowned companies in the steel containers market.
1. Executive Summary | Steel Containers Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and Their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2022 to 2032 5.3.1. Jars 5.3.2. Cans 5.3.3. Canister 5.3.4. Bottles 5.3.5. Drums 5.3.6. Kegs 5.3.7. IBCs 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Capacity Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity Type, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity Type, 2022 to 2032 6.3.1. Less than 2 liter 6.3.2. 2 - 10 liter 6.3.3. 10 - 20 liter 6.3.4. 20- 50 liter 6.3.5. 50 - 100 liter 6.3.6. More than 100 liter 6.4. Y-o-Y Growth Trend Analysis By Capacity Type, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Capacity Type, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2022 to 2032 7.3.1. Food 7.3.1.1. Dairy products 7.3.1.2. Honey 7.3.1.3. Grains 7.3.1.4. Sugar 7.3.1.5. Tea & Coffee 7.3.1.6. Others 7.3.2. Beverage 7.3.2.1. Alcoholic Beverages 7.3.2.2. Non-Alcoholic Beverages 7.3.3. Household 7.3.4. Chemicals 7.3.5. Others 7.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021 7.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Product Type 9.2.3. By Capacity Type 9.2.4. By End Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Capacity Type 9.3.4. By End Use 9.4. Key Takeaways 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Product Type 10.2.3. By Capacity Type 10.2.4. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Capacity Type 10.3.4. By End Use 10.4. Key Takeaways 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. United Kingdom 11.2.1.5. Spain 11.2.1.6. Russia 11.2.1.7. BENELUX 11.2.1.8. Rest of Europe 11.2.2. By Product Type 11.2.3. By Capacity Type 11.2.4. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Capacity Type 11.3.4. By End Use 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Rest of Asia Pacific 12.2.2. By Product Type 12.2.3. By Capacity Type 12.2.4. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Capacity Type 12.3.4. By End Use 12.4. Key Takeaways 13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Turkey 13.2.1.4. Rest of Middle East and Africa 13.2.2. By Product Type 13.2.3. By Capacity Type 13.2.4. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Capacity Type 13.3.4. By End Use 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. USA 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Product Type 14.1.2.2. By Capacity Type 14.1.2.3. By End Use 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Product Type 14.2.2.2. By Capacity Type 14.2.2.3. By End Use 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Product Type 14.3.2.2. By Capacity Type 14.3.2.3. By End Use 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Product Type 14.4.2.2. By Capacity Type 14.4.2.3. By End Use 14.5. Argentina 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Product Type 14.5.2.2. By Capacity Type 14.5.2.3. By End Use 14.6. Chile 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Product Type 14.6.2.2. By Capacity Type 14.6.2.3. By End Use 14.7. Peru 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Product Type 14.7.2.2. By Capacity Type 14.7.2.3. By End Use 14.8. Germany 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Product Type 14.8.2.2. By Capacity Type 14.8.2.3. By End Use 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Product Type 14.9.2.2. By Capacity Type 14.9.2.3. By End Use 14.10. France 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Product Type 14.10.2.2. By Capacity Type 14.10.2.3. By End Use 14.11. United Kingdom 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Product Type 14.11.2.2. By Capacity Type 14.11.2.3. By End Use 14.12. Spain 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Product Type 14.12.2.2. By Capacity Type 14.12.2.3. By End Use 14.13. Russia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Product Type 14.13.2.2. By Capacity Type 14.13.2.3. By End Use 14.14. BENELUX 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Product Type 14.14.2.2. By Capacity Type 14.14.2.3. By End Use 14.15. China 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Product Type 14.15.2.2. By Capacity Type 14.15.2.3. By End Use 14.16. Japan 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Product Type 14.16.2.2. By Capacity Type 14.16.2.3. By End Use 14.17. South Korea 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Product Type 14.17.2.2. By Capacity Type 14.17.2.3. By End Use 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Product Type 14.18.2.2. By Capacity Type 14.18.2.3. By End Use 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Product Type 14.19.2.2. By Capacity Type 14.19.2.3. By End Use 14.20. Turkey 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2021 14.20.2.1. By Product Type 14.20.2.2. By Capacity Type 14.20.2.3. By End Use 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Product Type 15.3.3. By Capacity Type 15.3.4. By End Use 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. SCHÄFER Container Systems 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Unique Steel 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Eagle Stainless 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Ability Fabricators Inc. 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Eco Imprints, Inc. 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Müller GmbH 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. Thielmann - The Container Company 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. La Nuova Sansone S.r.l. 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. WADA STAINLESS INDUSTRY 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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Steel Containers Market
