Product Code: A47207
The Reusable Barrels Market valued for $163.7 million in 2021 and is estimated to reach $248.8 million by 2031, exhibiting a CAGR of 4.1% from 2022 to 2031. The original construction of a barrel is made of hollow cylindrical wooden planks joined by hoops made of wood or metal. Additionally, fiber and metal materials are used to construct the reusable barrel.
The reusable barrels can be utilized in the food business for bulk storage of items such as spices, jute, lentils, cashews, and oils. Additionally, barrels are the most secure shipping containers. Reusable barrels help to preserve the flavor and quality of alcoholic beverages over time. Therefore, it is projected that these reasons will fuel the market for reusable barrels. Additionally, when it is correctly sealed, the product is shielded from damaging UV rays, dust, moisture, and any pests that may be present near the storage location. Due to its storage durability for industrial activities, barrels make the best containers. Additionally, durable, reusable, and leak-proof plastic/fiber barrels can be created to keep items safe in adverse weather situations. Such factors are driving the growth of the reusable barrels market.
The primary factor that is anticipated to restrict the market growth is the fluctuating cost of the raw materials required to make barrels. This is expected to impede the market for reusable barrels from expanding. For instance, CRISIL, an Indian analytical firm, predicted in June 2022 that duty-related government actions would cause steel imports to fall by about 40% to 12 million tons in FY 2023. Therefore, it is anticipated that all these problems will impede market expansion.
Consumer preference for environmentally friendly and sustainable storage solutions that can be recycled and reused is driving the market for reusable barrels. In order to create environment friendly, economically viable storage solutions that don't compromise the level of protection provided to the stored goods, many manufacturers of reusable barrel are investing in R&D activities and technologies. Such strategies are expected to offer lots of opportunities and are anticipated to drive the growth of the reusable barrels market.
The global reusable barrels market is segmented into material, process, application, and region. On the basis of material, it is classified into plastic & fiber, wood, and metal. By process, it is segregated into recycle and reuse. On the basis of application, it is further classified as beverage, furniture & home decor, fuel & oil storage, and other. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition analysis
The major players profiled in the reusable barrels market include Red Head Barrels, Midwest Barrel Company, Kentucky Bourbon Barrel, Kelvin Cooperage, O'Bryan Barrel Co, Inc., Country Connection, Mystic Barrels, Asian Barrels, Rocky Mountain Barrel Company, and Jones Barrel Company.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the reusable barrels market analysis from 2021 to 2031 to identify the prevailing reusable barrels market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the reusable barrels market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global reusable barrels market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Plastic and fiber
- Wood
- Metal
By Process
By Application
- Beverage
- Furniture and home decor
- Fuel and oil storage
- Other
By Region
- North America
- Europe
- France
- Germany
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Midwest Barrel Company
- Kentucky Bourbon Barrel
- O'Bryan Barrel Co, Inc.
- Country Connection
- Asian Barrels
- Jones Barrel Company
- Red Head Barrels
- Kelvin Cooperage
- Mystic Barrels
- Rocky Mountain Barrel Company
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Market dynamics
- 3.4.1.Drivers
- 3.4.1.1. Growth in food and beverage industry
- 3.4.1.2. Growth in demand for durable storage systems
- 3.4.1.3. Advantage of barrels
- 3.4.2.Restraints
- 3.4.2.1. Fluctuating prices of raw materials
- 3.4.3.Opportunities
- 3.4.3.1. Environmental awareness among the population
- 3.5.COVID-19 Impact Analysis on the market
CHAPTER 4: REUSABLE BARRELS MARKET, BY MATERIAL
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2. Plastic and fiber
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3. Wood
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4. Metal
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
CHAPTER 5: REUSABLE BARRELS MARKET, BY PROCESS
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2. Recycle
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3. Reuse
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
CHAPTER 6: REUSABLE BARRELS MARKET, BY APPLICATION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2. Beverage
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3. Furniture and home decor
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4. Fuel and oil storage
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5. Other
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
CHAPTER 7: REUSABLE BARRELS MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Material
- 7.2.3 North America Market size and forecast, by Process
- 7.2.4 North America Market size and forecast, by Application
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Key market trends, growth factors and opportunities
- 7.2.5.1.2 Market size and forecast, by Material
- 7.2.5.1.3 Market size and forecast, by Process
- 7.2.5.1.4 Market size and forecast, by Application
- 7.2.5.2 Canada
- 7.2.5.2.1 Key market trends, growth factors and opportunities
- 7.2.5.2.2 Market size and forecast, by Material
- 7.2.5.2.3 Market size and forecast, by Process
- 7.2.5.2.4 Market size and forecast, by Application
- 7.2.5.3 Mexico
- 7.2.5.3.1 Key market trends, growth factors and opportunities
- 7.2.5.3.2 Market size and forecast, by Material
- 7.2.5.3.3 Market size and forecast, by Process
- 7.2.5.3.4 Market size and forecast, by Application
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Material
- 7.3.3 Europe Market size and forecast, by Process
- 7.3.4 Europe Market size and forecast, by Application
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 France
- 7.3.5.1.1 Key market trends, growth factors and opportunities
- 7.3.5.1.2 Market size and forecast, by Material
- 7.3.5.1.3 Market size and forecast, by Process
- 7.3.5.1.4 Market size and forecast, by Application
- 7.3.5.2 Germany
- 7.3.5.2.1 Key market trends, growth factors and opportunities
- 7.3.5.2.2 Market size and forecast, by Material
- 7.3.5.2.3 Market size and forecast, by Process
- 7.3.5.2.4 Market size and forecast, by Application
- 7.3.5.3 Italy
- 7.3.5.3.1 Key market trends, growth factors and opportunities
- 7.3.5.3.2 Market size and forecast, by Material
- 7.3.5.3.3 Market size and forecast, by Process
- 7.3.5.3.4 Market size and forecast, by Application
- 7.3.5.4 UK
- 7.3.5.4.1 Key market trends, growth factors and opportunities
- 7.3.5.4.2 Market size and forecast, by Material
- 7.3.5.4.3 Market size and forecast, by Process
- 7.3.5.4.4 Market size and forecast, by Application
- 7.3.5.5 Rest of Europe
- 7.3.5.5.1 Key market trends, growth factors and opportunities
- 7.3.5.5.2 Market size and forecast, by Material
- 7.3.5.5.3 Market size and forecast, by Process
- 7.3.5.5.4 Market size and forecast, by Application
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Material
- 7.4.3 Asia-Pacific Market size and forecast, by Process
- 7.4.4 Asia-Pacific Market size and forecast, by Application
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Key market trends, growth factors and opportunities
- 7.4.5.1.2 Market size and forecast, by Material
- 7.4.5.1.3 Market size and forecast, by Process
- 7.4.5.1.4 Market size and forecast, by Application
- 7.4.5.2 Japan
- 7.4.5.2.1 Key market trends, growth factors and opportunities
- 7.4.5.2.2 Market size and forecast, by Material
- 7.4.5.2.3 Market size and forecast, by Process
- 7.4.5.2.4 Market size and forecast, by Application
- 7.4.5.3 India
- 7.4.5.3.1 Key market trends, growth factors and opportunities
- 7.4.5.3.2 Market size and forecast, by Material
- 7.4.5.3.3 Market size and forecast, by Process
- 7.4.5.3.4 Market size and forecast, by Application
- 7.4.5.4 South Korea
- 7.4.5.4.1 Key market trends, growth factors and opportunities
- 7.4.5.4.2 Market size and forecast, by Material
- 7.4.5.4.3 Market size and forecast, by Process
- 7.4.5.4.4 Market size and forecast, by Application
- 7.4.5.5 Rest of Asia-Pacific
- 7.4.5.5.1 Key market trends, growth factors and opportunities
- 7.4.5.5.2 Market size and forecast, by Material
- 7.4.5.5.3 Market size and forecast, by Process
- 7.4.5.5.4 Market size and forecast, by Application
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Material
- 7.5.3 LAMEA Market size and forecast, by Process
- 7.5.4 LAMEA Market size and forecast, by Application
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Key market trends, growth factors and opportunities
- 7.5.5.1.2 Market size and forecast, by Material
- 7.5.5.1.3 Market size and forecast, by Process
- 7.5.5.1.4 Market size and forecast, by Application
- 7.5.5.2 Middle East
- 7.5.5.2.1 Key market trends, growth factors and opportunities
- 7.5.5.2.2 Market size and forecast, by Material
- 7.5.5.2.3 Market size and forecast, by Process
- 7.5.5.2.4 Market size and forecast, by Application
- 7.5.5.3 Africa
- 7.5.5.3.1 Key market trends, growth factors and opportunities
- 7.5.5.3.2 Market size and forecast, by Material
- 7.5.5.3.3 Market size and forecast, by Process
- 7.5.5.3.4 Market size and forecast, by Application
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1 Midwest Barrel Company
- 9.1.1 Company overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Operating business segments
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Key strategic moves and developments
- 9.2 Kentucky Bourbon Barrel
- 9.2.1 Company overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Operating business segments
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Key strategic moves and developments
- 9.3 O'Bryan Barrel Co, Inc.
- 9.3.1 Company overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Operating business segments
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Key strategic moves and developments
- 9.4 Country Connection
- 9.4.1 Company overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Operating business segments
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Key strategic moves and developments
- 9.5 Asian Barrels
- 9.5.1 Company overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Operating business segments
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Key strategic moves and developments
- 9.6 Jones Barrel Company
- 9.6.1 Company overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Operating business segments
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Key strategic moves and developments
- 9.7 Red Head Barrels
- 9.7.1 Company overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Operating business segments
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Key strategic moves and developments
- 9.8 Kelvin Cooperage
- 9.8.1 Company overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Operating business segments
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Key strategic moves and developments
- 9.9 Mystic Barrels
- 9.9.1 Company overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Operating business segments
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Key strategic moves and developments
- 9.10 Rocky Mountain Barrel Company
- 9.10.1 Company overview
- 9.10.2 Key Executives
- 9.10.3 Company snapshot
- 9.10.4 Operating business segments
- 9.10.5 Product portfolio
- 9.10.6 Business performance
- 9.10.7 Key strategic moves and developments