U.S Pail Market Size By Material (Plastic, Metal), By Size (Small, Medium), By End Use (Construction, Chemical Industries), By Distribution Channel (Specialty Stores, Online Retail), And Forecast

U.S Pail Market Size And Forecast

U.S Pail Market size was valued at USD 860.68 Million in 2023 and is projected to reach USD 1211.52 Million by 2030, growing at a CAGR of 4.43% from 2024 to 2030.

One of the main drivers for the U.S Pail Market is the increasing demand across diverse industries and the growing emphasis on sustainability and eco-friendly practices are the factors driving market growth. The U.S Pail Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

U.S Pail Market Definition

A pail? You know, that simple container we use to haul things around – usually liquids or stuff like sand. We often call it a bucket, and it's basically a cylinder with a big opening and a handle so you don't drop everything. Sometimes we say "pail" and sometimes "bucket," it just depends on where you're from. They’re made of plastic or metal, usually, and you see them everywhere holding anything from liquids to powders, used in all sorts of industries.

U.S Pail Market Overview

The U.S Pail Market is influenced by factors such as material innovations, environmental considerations, and regulatory requirements. Growing environmental consciousness has resulted in the development of eco-friendly pail options, such as recyclable materials and designs that minimise environmental effect. Manufacturers in the Pail Market are always striving to improve the performance, efficiency, and sustainability of their products in order to suit the evolving needs of various industries.

The pail market here in the US? It's a big deal within the broader packaging world, touching practically every industry you can think of - food, drinks, chemicals, paints, you name it. These pails, or buckets as some call them, are super versatile. They come in all sorts of materials like plastic, metal, even wood, and their main job is to safely hold and move stuff around. You could say they keep things running smoothly! And get this - the US pail market is actually predicted to keep growing thanks to things like a demand for convenience packaging, cool new materials, and a focus on being more green. If businesses want to stay ahead of the game, they'll probably need to get creative with custom designs and find innovative materials.

So, what's making the pail market in the US tick? Well, it's a bunch of things! We're buying more packaged stuff, the manufacturing world is expanding, and everyone's trying to be a bit greener with their packaging. Pails are just so versatile, you know? They can hold all sorts of things, and they're easy to lug around, which makes them a hit in lots of different industries. The market's also changing to keep up with what we want and what the rules say. Think eco-friendly pails made from recyclable stuff – that's a big deal. And companies are letting you get really creative, offering custom designs and branding so your pail can stand out from the crowd.

U.S Pail Market Segmentation Analysis

The U.S Pail Market is segmented based on Material, Size, End Use, and Distribution Channel.

U.S Pail Market, By Material

• Plastic
• Metal
• Others

To Get a Summarized Market Report By Material-

Based on Material, the market is segmented into Plastic, Metal, and Others. Plastic accounted for the largest market share of 61.44% in 2022, with a market value of USD 528.76 Million and is projected to grow at a CAGR of 4.61% during the forecast period. Metal was the second-largest market in 2022, valued at USD 196.30 Million in 2022; it is projected to grow at a CAGR of 3.31%.

U.S Pail Market, By Size

• Small
• Medium
• Large

To Get a Summarized Market Report By Size-

Based on Size, the market is segmented into Small, Medium, and Large. Medium accounted for the largest market share of 48.74% in 2022, with a market value of USD 419.50 Million, and is projected to grow at the highest CAGR of 4.25% during the forecast period. Small was the second-largest market in 2022, valued at USD 275.00 Million in 2022; it is projected to grow at a CAGR of 5.10%.

U.S Pail Market, By End Use

• Food and Beverage
• Construction
• Chemical Industries
• Household
• Others

Based on End Use, the market is segmented into Food and Beverage, Construction, Chemical Industries, Household and Others.

U.S Pail Market, By Distribution Channel

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Others

Based on Distribution Channel, the market is segmented into Supermarkets and Hypermarkets, Specialty Stores, Online Retail and Others.

Key Players

The “U.S Pail Market” study report will provide valuable insight with an emphasis on the market including some of the major players are Affordable Buckets LLC, Air Sea Containers Inc., Berlin Packaging, BayTec Service, LLC, C.L. Smith Company, Rahway Steel Drum Company, Gateway Food Products, Greif, Lancaster Container Inc., M&M Industries Inc., Mauser Packaging Solutions, NCI Packaging, Polyethylene Containers Inc., PolyPail, Inc., Rios Containers, Ropac Packaging (Schoeller Allibert Group), The Cary Company, Leaktite Corporation, and Yanke Containers.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Key Developments

• Berlin Packaging, one of the world’s largest Hybrid Packaging Suppliers, acquired Cannasupplies, one of Canada’s largest suppliers of packaging solutions for the cannabis industry. The acquisition expands Berlin’s product offering for cannabis packaging and adds significant expertise in the Canadian cannabis end-market. Cannasupplies will operate as a division of Consolidated Bottle Corporation, the Canadian packaging supplier Berlin Packaging acquired in November 2020. Consolidated Bottle provides packaging solutions across multiple end-markets, including personal care, pharmaceutical, food, beverage, and industrial, in addition to cannabis.
• C.L. Smith Company was acquired by Kelso & Company. Kelso’s previous investment in Inmark, a distributor of rigid container and life sciences packaging products, was consolidated with C.L. Smith
• The New Jersey-based distributor of drums, pails, IBCs, and other rigid packaging solutions, Rahway Steel Drum Company was acquired by Novvia Group (“Novvia”), a distributor of rigid containers and life sciences packaging. The company Kelso & Company (“Kelso”) supports Novvia in this acquisition.

Report Scope

Top Trending Reports