Global Fiber Drum Market Future Growth Analysis, Business Demand 2033
The United States is poised to maintain its dominant position in the global fiber drum market, with an estimated market size of US$ 239.2 million by the end of the forecast period in 2033, exhibiting a solid compound annual growth rate (CAGR) of 4.2% from 2023 to 2033. This continued leadership is attributed to the country’s thriving chemical sector, which is driving a substantial demand for fiber drum barrels.
The Global fiber drums market is likely to be worth US$ 1.1 billion in 2023, with a CAGR of 5.7% from 2023 to 2033. The fiber drums industry is expected to reach US$ 1.80 billion by 2033.
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