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Jerry cans are a type of plastic or metal cans used largely in the food and beverages or petroleum and lubricants sector for storing fuels, cooking oil etc. A new research report by Future Market Insights presents in-depth insights on the global jerry cans market, considering different dynamics that are expected to impact market revenue growth. The report is titled ‘Jerry Cans Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’ in which the analysts have presented useful information and final revenue estimations of the global jerry cans market. This comprehensive research report also includes the overall scenario of the global packaging industry. It depicts the recent trends influencing the global packaging market including an increased focus of consumers on wellness, macroeconomic factors such as the increase in the disposable income of the middle class, and the global environmental impact.

According to Future Market Insights analysis, the global jerry cans market is expected to hold a market value of over US$ 2,700 Mn by 2017, reaching a valuation of over US$ 4,600 Mn by 2027. The market is anticipated to grow at a 5.5% CAGR during the forecast period 2017 – 2027. The report systematically indicates how various factors such as a devalued Euro and an increasing acceptance of reused cans has impacted the global jerry cans market.

Global Jerry Cans Market: Segmental Highlights

The global jerry cans market is segmented based on different parameters. The analysis of these segments helps in understanding each and every aspect of the market to get a clear view with more accuracy. Some of the key highlights of the segmental analysis are:

By material type, plastic (HDPE) segment is way ahead of the metal segment in terms of market value, with a projected valuation of over US$ 3,900 Mn by 2027 growing at the rate of 5.6% during the forecast period.

On the basis of end use, the food and beverages segment leads the market with an estimated market value of over US$ 2,300 Mn by 2027. However, the petroleum and lubricants segment dominates the other end use segments in terms of CAGR during the forecast period.

By capacity size, the global market is dominated by the 10-25 litres segment. However, the above 25 litres segment is also in tough competition with a higher growth rate during the forecast period.

On the basis of region, Asia Pacific is expected to witness the highest demand for jerry cans helping this regional market to have the maximum market value with a CAGR of 7.2% during the forecast period. The Latin America jerry cans market is custom three-piece cans factory expected to register a good CAGR during the forecast period.

Global Jerry Cans Market: Competitive Analysis

The report includes a brief analysis of the competitive scenario of the global jerry cans market. It presents the profiles of key players in the market along with their current developments and future market strategies. Some of the companies mentioned in the report are Time Technoplast Ltd., Greif, Inc., Scepter Canada Inc, SCHÜTZ GmbH & Co. KGaA, Parekhplast India Limited, Barrier Plastics INC., Yates Steels Pvt. Ltd, Kadu Jaya Perkasa, Plastic Container Packaging Corporation, Mauser Group B.V,. Singa Plastics limited etc.

The poultry processing equipment market is projected to reach USD 5.20 billion by 2028, at a CAGR of 4.3% between 2018 and 2028. According to Quince Market Insights, the global poultry processing market is witnessing significant growth, owing to the increasing demand for processed food and changing lifestyle of consumers. Poultry processing equipment is used for converting live poultry to raw poultry products that are considered suitable for human consumption. Numerous other developments in meat processing techniques can be determinants in the growth of the global market for poultry processing equipment. Moreover, mechanization in meat production method has led to a decline in labor cost, and improvement in quality and safety of the meat.

Customer preferences for instant ready-to-eat and suitable protein packaging foods due to inordinate lifestyle, increasing demand for custom fillets, specific portion of meat from fine dine restaurants and hotels, stringent regulations, and subsidiary imposed by govements are other factors supporting the growth of the poultry processing equipment market. However, in developing countries, a major part of the populace cannot afford meat processing equipment; this is limiting the growth of the global poultry processing equipment market.

Asia Pacific is emerging as the most promising market for poultry processing equipment

The poultry processing equipment market in the Asia Pacific region is growing at a high rate, owing to changing lifestyle and higher purchasing power of consumers. However, in some places, people operate local poultry operations on a small scale and use manual processing techniques.

This market in North America and wholesale stretch two-piece tanks factory Europe is growing due to the increasing consumption of processed food in the region.

Major companies operating in the global poultry processing equipment market are GEA Food Solutions, Manitowoc, Marelhf, Tool Works, Cargill Inc, Baader Food Processing Machinery, Key Technology Inc, Waltons Co., Prime Equipment Group Inc., Key Technology, Inc., Marel HF, Brower Equipment, John Bean Technologies Corporation, Tetra Laval Inteational, Bettcher Industries, Bayle S.A., and CTB Inc.

This report provides a detailed understanding of the global poultry processing equipment market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.