Drum Dumper Equipment Market Size, Share & Industry Analysis, By Operation Type (Hydraulic, Electric, and Others (Pneumatic, etc.)), By Equipment Type (Portable and Stationary), By Industry (Oil & Lubricants, Food & Beverages, Pharmaceutical, Specialty Chemicals, Petrochemicals, and Others (Manufacturing & Mining)), and Regional Forecast, 2024 – 2032

The global drum dumper equipment market size was valued at USD 1.31 billion in 2023. The market is projected to grow from USD 1.37 billion in 2024 to USD 2.01 billion by 2032, exhibiting a CAGR of 4.9% during the forecast period.

Drum dumper equipment is a logistic tool used across the barrel handling industry for lifting operations. This equipment is primarily categorized into stationary drum dumpers and portable drum dumpers with hydraulic, electric, and pneumatic mechanisms. The global market is growing steadily as the tool offers efficient handling and transferring of materials from drums. The equipment is used across several industries, such as oil & lubricants, food & beverages, pharmaceuticals, specialty chemicals, petrochemicals, and others (manufacturing & mining).

The COVID-19 pandemic had a mixed impact on the market owing to a steep decline in the demand for edible oil, oil & lubricants, and other liquid commodities. At the same time, progressively growing demand for chemicals, pharmaceuticals, and petrochemicals supported the market. With the resumption of global trade in the post-pandemic period, the demand for oil and lubricants significantly rocketed the demand for barrel handling equipment.

Drum Dumper Equipment Market Trends

Growing Industrial Drum Use and Exponential Global Trade

Industrial drum is the safest logistics mode in the material handling industry. It avoids spillage and has no negative environmental impact due to easy recycling and packaging. Furthermore, the exponential expansion of global trade and heavy demand for industrial drums in the raw material handling and shipping business would augment drum dumper equipment market share in the long term. Furthermore, supportive regulations of the U.S. FDA and ISO-approved industrial drums are in high demand, significantly driving the demand for drum dumper equipment.

• According to the Fortune Business industry forecast, the industrial drums market is set to grow from USD 14.42 billion in 2023 to USD 26.83 billion in 2032, exhibiting a CAGR of 7.22%.

Drum Dumper Equipment Market Growth Factors

Growing Adoption of Dumpers for Logistic Convenience to Drive Market Growth

As the industry strives for higher efficiency and lower operational expense, drum dumpers are the industry-compliant solution for the material handling industry. Automation trends and emphasis on designing ergonomically fit drum dumpers have significantly boosted product adoption across the shipping and logistics industry. Furthermore, convenience in handling equipment has maximized operational efficiency and minimized operational costs for logistic owners. Thus, high adoption and logistic convenience are set to drive drum dumper equipment market growth during the forecast period.

RESTRAINING FACTORS

Strict Safety Regulations and Geopolitical Crisis Impact Demand in the Short Term

Globally, industrial drums are used for reusable packaging as per UN compliance. However, the usage has to strictly follow the UN regulations to ensure safety in liquid shipping. The increased damage cases of drums in U.S. reconditioning businesses impacted the strict safety regulations for reconditioning drum usage. Furthermore, growing geopolitical tensions between countries such as Russia-Ukraine, Israel-Hammas, and a trade war with China created a restraint for the trade of industrial drums, poising a decline in the demand for industrial drums in the short term. Thus, strict measures on drum reconditioning and declining demand could negatively impact the drum dumper market in the short term.

• According to data from the U.S. Environmental Protection Agency (EPA), out of 181 drum reconditioning facilities, 86 reported one or more reported cases, representing 47.5% of the industry. 

Drum Dumper Equipment Market Segmentation Analysis

By Operation Type Analysis

Hydraulic Segment Dominates Due to High Drum Dumper Equipment Use in Logistics

Based on operation type, the equipment market is categorized as hydraulic, electric, and others (pneumatic).

The hydraulic segment dominates the market due to its high use in the logistics industry, easy operation capabilities, and low maintenance cost. The demand is further supported by its competitive prices compared to the electric and pneumatic equipment.

The electric segment is progressively expanding in terms of share owing to minimal equipment failure and competitive advantage in job completion with maximum proficiency. Also, electric dumpers features easy mobility and lifting with battery powered solutions. These advancements drive the product adoption across in house industrial handling operations.

However, pneumatic drum dumpers will maintain their steady demand due to their primary use in heavy lifting and complex operations.

By Equipment Type Analysis

Portable Dumper Segment Domiantes Due to High Adoption in Material Handling Operations

By equipment type, the market for drum dumper equipment is bifurcated into stationary dumper and portable dumper.

The portable dumper segment is dominating the market owing to its high adoption in material handling operations across various industries. Furthermore, competitive advantages over traditional stationary dumper equipment, such as flexibility to relocate, easy lifting operations, and shifting heavy drums, bolster equipment demand.

The steady demand for stationary dumpers in closed premise warehouses for minimal moving spaces barrel handling operations and limited lifting operations will sustain demand globally. Easy affordability of the satationary dumpers in small shops and warehouses drive the product demand in the prolonged period.

By Industry Analysis

Rising Barrel Handling in the Oil & Lubricant Industry to Bolster Segment Growth

By industry, the market is categorized into oil & lubricants, food & beverages, pharmaceutical, specialty chemicals, petrochemicals, and others (manufacturing & mining).

The oil & lubricants segment is dominating the global market owing to growing demand for crude oil and its substitutes. Moreover, industrial grease, engine oil, lubricants for machinery, and other crude oil subsidiary products are transported globally in barrels that need proper handling and logistic equipment, which significantly drives the product demand.

The petrochemicals segment is set to grow progressively with the highest compound annual growth rate (CAGR) over the forecast period. This is due to an upsurge in the use of petrochemicals as additives or bases in the paints and polymer industry.

The food & beverage segment is forecast to maintain steady demand driven by steady procurement and trade of edible oil globally.

Stagnant growth in pharmaceutical industry, specialty chemicals, and other liquids will support market growth during the forecast period.

REGIONAL INSIGHTS

The global market has been studied across five regions: North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific.

Asia Pacific region holds the largest market share in the global market owing to its highest share in the shipping & trade market, demanding drum dumper equipment for logistics operation. The regional growth is supported by the presence of industry giants in countries such as China, Japan, India, South East Asia, and other parts of Asia Pacific.

China is projected to gain the highest market share due to the presence of prominent equipment manufacturers and competitive pricing strategies for their clients in developing nations such as Vietnam, Malaysia, Indonesia, and other Asia Pacific countries. Japan and India are driving the growth of the Asia Pacific market with their quality products and affordability, which would expand the regional market for drum dumper equipment in the long term.

The Europe market is set to grow progressively, followed by North America, the Middle East & Africa, and Latin America. This is owing to the presence of prominent material handling equipment manufacturers and their technological excellence in manufacturing these equipment. Growth across regions is supported by the strong domestic demand in countries such as the U.K., Germany, France, Italy, and the rest of Europe.

The North America market for drum dumper equipment is growing steadily due to the high import of chemicals and lubricants from other countries. The progress is further embraced by the increasing demand for steel drums and fiber drums from developing nations and the domestic market.

The Middle East & Africa and Latin America markets are growing at a steady pace due to the high demand for exports of oil and lubricants and a healthy demand for food slurry and beverages.

KEY INDUSTRY PLAYERS

Automation in Drum Handling Operation to Create Lucrative Opportunities for Businesses

Key players operating in the market are focusing on research and development by integrating automation into their products as it provides them with a competitive advantage over traditional drum dumpers. Furthermore emphasis on easy location and monitoring with GPS and heavy lifting operations with sustainable electric motors could help extend the product portfolio, generating profits for businesses in the long term.

• For instance, in October 2020, Flexicon Corporation, a prominent material handling equipment manufacturer, launched an advanced automated mobile drum dumper. The mobile drum dumper equipment is capable of handling 115-200 liters of drums with automated dumping.

List of Top Drum Dumper Equipment Companies:

• METO Systems (U.S.)


• Liftomatic Material Handling Inc. (U.S.)


• Vestil Manufacturing Corp. (U.S.)


• Beacon Industries (U.S.)


• Flexicon Corporation (U.S.)


• Wuxi Tongyang Machinery (China)


• National Bulk Equipment, Inc. (U.S.)


• DENIOS SE (Germany)


• STS BespokDENIOS SEe Handling Equipment (U.K.)


• Ruger Industries (David Round Company) (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• March 2024: METO Systems, a leading material handling solution provider, launched its advanced innovation MetoFit low ceiling bulk column lift. The innovation is a groundbreaking solution for bulk baggage handling in manufacturing processes with low ceiling heights.


• March 2023: Easy Lift Equipment, a material handling equipment firm, announced a new product line of ergonomic drum dumpers and roll manipulators. The equipment is designed to handle loads up to 227 kg, and the counterbalance model has narrow frames for the drum and roll manipulator.


• September 2022: METO Systems, aprominent material handling solution provider has been awarded with a multi million project by Jacobs Engineering Group Inc. to supply equipment solution for the largest life science investment in North Carolina.

REPORT COVERAGE

The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product/service types, and leading applications of the product. Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that contributed to the growth of the market in recent years.

Report Scope & Segmentation