Drum storage racks are essential tools in the material handling industry. They are used for bolstering the handling and storing of drums that encase materials such as chemicals, petrochemicals, solvents, paints, fertilizers, and food and beverage chemical preservatives and additives.

Radiant Insights, Inc's analysts forecast the global drum storage racks market to grow at a CAGR of 5.47% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the global drum storage racks market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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Radiant Insights, Inc's report, Global Drum Storage Racks Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• DENIOS
• Drum Runner
• New Pig
• Vestil
• Wesco Industrial Products

Market driver
• Increasing demand for warehouse racks for space optimization
• For a full, detailed list, view our report

Market challenge
• Volatility of raw material prices
• For a full, detailed list, view our report

Market trend
• Increase in SKU proliferation driving demand for drum storage racks
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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