Drum Handling Equipment Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The drum handling equipment market size has grown strongly in recent years. It will grow from $2.73 billion in 2024 to $2.93 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to industrial growth and manufacturing activities, stringent occupational safety regulations, expansion of the chemical and pharmaceutical sectors, rise in oil and gas exploration and refining, increased international trade and logistics.

The drum handling equipment market size is expected to see strong growth in the next few years. It will grow to $3.83 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to growing demand in the food and beverage industry, expansion of the renewable energy sector, globalization and supply chain complexity, rise in e-commerce and warehousing activities, integration of iot and automation. Major trends in the forecast period include technological advancements in handling equipment, integration of electric and hydraulic technologies, advancements in automated drum handling systems, focus on sustainable and eco-friendly solutions, rising demand for customization and versatility.

The anticipated growth in the chemical industry is poised to drive the expansion of the drum-handling equipment market in the future. This expansion involves the development and innovation within the chemical industry, marked by increased capital investments in newer fields. Drum-handling equipment plays a crucial role in enhancing the efficiency of chemical handling operations by facilitating the easy movement of drums from one location to another. This equipment aids in preventing spills and leaks by providing a secure and stable means of transporting drums. For instance, in July 2023, the U.S. Bureau of Labor Statistics reported that the U.S. trade value of chemical manufacturing products exported in 2022 reached $288 billion, reflecting a growth of 13.4% compared to 2021. Thus, the expansion of the chemical industry is a key driver propelling the growth of the drum-handling equipment market.

The growth of e-commerce and warehouse facilities is anticipated to drive the expansion of the drum-handling equipment market in the coming years. E-commerce, or electronic commerce, involves the buying and selling of goods and services, as well as the transfer of money or data via an electronic network, primarily the Internet. A warehouse is a large structure used for storing manufactured goods or raw materials until they are shipped to other countries or delivered to retail outlets for sale. Drum handling equipment is essential for optimizing operations in e-commerce and warehouse environments, enabling efficient transportation and storage of goods while promoting workplace safety. For example, in September 2024, SellersCommerce, a U.S.-based B2B e-commerce platform, reported that total e-commerce sales in the United States during Q2 2024 reached $291.6 billion, reflecting a 6.8% increase from $273.03 billion in Q2 2023. Consequently, the growth in e-commerce and warehouse facilities is fueling the expansion of the drum-handling equipment market.

Major companies in the drum-handling equipment market are focusing on innovation to meet customer requirements. They are developing products such as stainless drums and barrel rotators to provide safe and efficient solutions for rotating fragile and slippery plastic drums. A stainless steel drum and barrel rotator is a custom-made piece of equipment designed to turn drums and barrels. For instance, in March 2022, Packline Materials Handling launched a Stainless Drum and Barrel Rotator designed for handling drums of food ingredients. The equipment features a lifting mechanism and a rotating drum attachment powered by a motor, ensuring secure grip and preventing slipping. In addition, the equipment has a fixed-stop position for handling food ingredients, making it a safe, efficient, and versatile tool for businesses in the food industry.

In April 2022, Hugg & Hall Equipment Company expanded its market position through the acquisition of Southern Material Handling Company. This strategic move enabled Hugg & Hall Equipment Company to broaden its territory, product portfolio, customer base, and expertise in the material handling industry. Southern Material Handling Company, a material handling company, offered various products and services, including drum-handling equipment.

Major companies operating in the drum handling equipment market report are Komatsu Ltd., Wesco Industrial Products LLC, KION Group AG, Jungheinrich AG, Hyster-Yale Group Inc., Crown Equipment Corporation, Hangcha Group Co. Ltd., Lonking Holdings Limited, SSI SCHAEFER Group, Beumer Group GmbH, RUD Group, METO Systems Inc., EP Equipment Co. Ltd., Flexicon Corporation, Beacon Industries Inc., Pentalift Equipment Corporation, Greenfield Products LLC, Valley Craft Industries Inc., BHS Inc., Morse Manufacturing Co. Inc., Lift Products Inc., Material Flow and Conveyor Systems Inc., Ruger Industries Inc., Wuxi Tongyang Machinery Technology Co. Ltd., Drum Runner Material Handling Co., Easy Lift Equipment Company Inc., Eastwest Engineering & Electronics Pvt. Ltd., KIJEKA Engineers Pvt Ltd., Liftomatic Material Handling Inc.

Asia-Pacific was the largest region in the drum handling equipment market in 2024. The regions covered in the drum handling equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the drum handling equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The drum handling equipment market consists of sales of drum lifters and drum dispensers, drum dollies and trucks, forklift drum attachments, drum rotators and mixers, palletizers, drum handling cranes and drum transport systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Drum handling equipment comprises a variety of mechanical tools designed to securely hold, move, shift, and transport cylindrical modules such as steel drums, barrels, plastic drums, and fiber drums. This equipment is frequently utilized in industries that involve the shipping and storage of cylindrical modules, such as the chemical and petroleum industries.

The primary types of drum handling equipment include manual drum handling equipment and automatic drum handling equipment. Manual drum handling equipment encompasses tools and devices that operate through human effort and physical force. These tools are distributed through both direct and indirect channels and find applications in various industries, including food, chemicals, pharmaceuticals, industrial, and others.

The drum handling equipment market research report is one of a series of new reports that provides drum handling equipment market statistics, including drum handling equipment industry global market size, regional shares, competitors with a drum handling equipment market share, detailed drum handling equipment market segments, market trends and opportunities, and any further data you may need to thrive in the drum handling equipment industry. This drum handling equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.