Fiber Drum Industry | COVID-19 Impact Outlook
FiFiber packaging drums are very competent and form a cost-effective option for the temporary storage and transportation of commodities. Moreover, fiber drums act as a perfect substitute to plastic drums and steel drums. Segmental Analysis The global fiber drum industry has been segmented based on capacity, closure type, end-use industry. This growth can also be credited to the augmented use of fiber drums comprised under this segment in the food & beverage industry. By the end-use industry, the global Fiber Drum Industry is divided as chemical industry, pharmaceuticals, food and beverages, building and construction, and others. The chemical industry is set to observe the highest growth rate in the market and is slated to hold a majority of the share of the global cardboard drums market over the review period. Regional Analysis The geographic analysis of the global fiber drum industry has been carried out in four major regions, covering the Asia Pacific...