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Global Paint Buckets Market Insight2022-01-07 Comments
The Paint Buckets is forecast to steady growth over the next four years. According to the World Knowledge Information (WKI) “Global Paint Buckets Professional Survey Report 2021, Forecast to 2026”, With the development in the field of architecture and wall decoration,the Paint Buckets industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 7.62% base on WKI regression analysis model.
“Participants in the industry should pay attention to the product’s wide range of usability and good airtightness, which will be the focus of future industry development“said Jimmy Joy, Senior analyst, Chemicals & Materials Market Research Center in WKI.
Paint buckets are usually used to store a large amount of paint and coatings. They are sealed containers that can help reduce the corruption and pollution of internal products and prevent internal products from leaking. With the development of the chemical industry, the demand for chemical storage has increased. As the demand for leak-proof packaging of barrel materials continues to increase, the demand for paint barrels also increases, which is the main factor in the development of the market.
Changing plastic regulations and the degradation of waste paint buckets have restricted the growth of the paint bucket market.
This WKI market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Paint Buckets companies that include RPC Group Plc，Mauser Packaging Solutions，Industrial Container Services，C.L.Smith，Symlux Plastics and others.
Segmentation of Paint Buckets Market:
According to the type, the market for Paint Buckets is divided into metal and plastic.Due to the high recyclability of metal paint cans, they are usually the first choice, occupying a dominant position in this market segment.According to the capacity, the market for Paint Buckets is divided into Less than 1 Liter，1 to 10 Liters，11 to 50 Liters and More than 50 Liters.More than 50 Liters. occupies a leading position in the market. Due to its large capacity, it can carry more capacity and is more practical, and is welcomed by the market.According to application, the Paint Buckets market is divided into building and construction industries，paint industries，chemical industries and others.Building occupies a dominant position in the market. With the rapid development of the construction industry, the demand for paint buckets in construction activities has greatly increased.
Paint Buckets Market: Regional Analysis
In terms of geography, the global Paint Buckets market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.North America is currently the leading regional market for Paint Buckets due to the infrastructure development during the test period will be relatively high.The Asia Pacific market is expected to grow with the highest CAGR.Due to the increase in the number of new construction projects and the increase in the number of households will drive the growth of the paint bucket market.
Largest share area：North America
Largest share country：the Unite States