The Metal Drum, Can and Bin Manufacturing industry has fallen on hard times. The industry has had to contend with dramatically volatile input prices, increasing import competition and growing competition from substitute materials. Downstream demand conditions have varied depending on the product segment. Demand for food and beverage cans has remained largely consistent, while demand for steel drums and bins has been more erratic and susceptible to foreign competition.
Industry revenue is projected to average flat growth over the five years through 2014-15 (0.0% annualised) to total $1.6 billion, including subdued growth by an estimated 0.3% during the current year.
This industry consists of companies that manufacture metal containers such as bins, cans and drums for use in a variety of applications. It excludes products such as metal boilers, tanks and other heavy gauge metal containers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.