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Steel Drum & Similar Container Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Steel Drum & Similar Container Manufacturing Market Research Report | SIC C25.910 | Sep 2016

Bottom of the barrel: Operators have faced competition from alternative packaging materials

IBISWorld’s Steel Drum & Similar Container Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Greif UK Ltd Greif UK Ltd market share
The Metal Drum Co Ltd The Metal Drum Co Ltd market share
Industry Statistics & Market Size
Revenue
£96m
Annual Growth 12-17
-2.4%
Annual Growth 17-22
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Profit
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Employment
476
Businesses
34
Industry Analysis & Industry Trends

Steel containers are used to protect, preserve and distribute raw materials and finished goods. They are often used in such a way that brand owners can promote their products. Steel containers make up a very small part of the overall packaging market. Industry manufacturers compete with alternative containers made of plastic or composite materials. They must continually innovate to bring down their costs and minimise the environmental footprint of their products by promoting reuse and recycling. The Steel Drum and Similar Container Manufacturing industry is expected to generate revenue of £96.2 million in 2016-17, down 2.8% on the previous year.

The domestic market for steel containers is estimated to be worth £168 million in 2016-17... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Steel Drum and Similar Container Manufacturing industry has a medium level of concentration. The top four players are estimated to account for 61.1% of industry revenue in 2016-17. The industry is dominated by Greif UK Ltd, a globalised company that contributes 42.1% of industry revenue, far more than any other player. Smaller manufacturers do exist, but the dominance of Greif UK Ltd and the high level of import competition make it a difficult business environment for them to operate in. Furthermore, the majority of the industry's clients are large globalised companies that tend to favour established packing companies, often associating small manufacturers with unreliable service.

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Industry ProductsRelated ReportsTable of Contents

What is the Steel Drum & Similar Container Manufacturing Industry?

The Steel Drum and Similar Container Manufacturing industry includes operators that manufacture steel pails, cans, drums, buckets and boxes. It does not cover companies that manufacture metal tanks and reservoirs.

Industry Products
210-litre steel drumsOther steel drumsOther steel containers
 
Industry Activities
Manufacturing pailsManufacturing cansManufacturing drumsManufacturing bucketsManufacturing boxes


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