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 is a simple adaptable container meant to hold and carry numerous items, most commonly liquids or granular solids. A pail, sometimes known as a bucket, is distinguished by its cylindrical shape, open top, and robust handle, which make it simple to carry and spill its contents. Although regional linguistic variances may impact the favored phrase, the terms “pail” and “bucket” are frequently used interchangeably. Pails are adaptable containers having a cylindrical shape, a flat bottom, and a handle that are often constructed of plastic, metal, or other materials. These containers are used in a variety of industries, serving as packaging solutions for liquids, solids, and powders.

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 in the United States is an important section of the larger packaging business, serving to a wide range of industries including food and beverage, chemicals, paints, lubricants, and others. Pails, often known as buckets, are multipurpose containers built of a wide variety of materials such as plastic, metal, and wood. They carry and store a broad variety of products, assisting to the efficiency and safety of commodities handling and distribution. The pail market in the United States is expected to expand further, owing to reasons such as rising demand for convenience packaging, developments in materials and technology, and a focus on sustainability. Customisation and design and material innovation are predicted to be significant tactics for organisations seeking to remain competitive in the US market.

The pail market in the United States is driven by a number of factors. Growing demand for packaged goods, expansion in the manufacturing sector, and a focus on sustainable packaging solutions all contribute to market growth. Furthermore, the adaptability of pails in accommodating varied materials, as well as their simplicity of handling, make them a popular choice in a variety of sectors. In response to changing customer preferences and regulatory restrictions, the pail market has seen various developments and advancements. The emergence of eco-friendly pail solutions has resulted from an emphasis on sustainability. Manufacturers are investigating recyclable materials and ecologically friendly manufacturing practices. The customisation is another trend, with firms providing alternatives for customised branding and designs to cater to the unique requirements of various sectors.

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

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