Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports


Cable Wood Drum Market: Introduction

In terms of value, the global cable wood drum market is anticipated to expand at a CAGR of ~4% from 2019 to 2027. Cable wood drums are used for packaging, storing, and transporting different types of cables such as coaxial cable/electronic wires, fiber optic cables, low voltage energy & power cables, telecom cables, and control cables. Various types of cable drums with different sizes are available in the market for packaging cables. The usage of these drums in various sizes depends upon the types of cables. The preference of size varies with respect to the type of the cable and its diameter. The demand for cable wood drums in the wire & cable industry has been increasing at a rapid pace across the globe. This has resulted in extensive usage of cable wood drums in wire and cable manufacturing plants.

Get Brochure of the Report @

Rise in Adoption of Cable Wood Drum in Heavy Cable Industries

Rise in consumption of heavy cables in the construction industry in various developed and developing countries is a key factor anticipated to propel the demand for cable wood drums in the global wire & cable industry during the forecast period. The construction sector in Asia Pacific and Europe is estimated to expand at a significant pace during the forecast period. Europe is projected to become the sixth-largest construction sector across the world by 2030. Thus, increase in construction activities is likely to boost the residential and non-residential sectors in the region in the near future. This, in turn, is expected to augment the demand for cable and wire products in the Europe in the next few years.

Iron-circled/Tired Multiway Cable Reel to Witness High Demand

Based on reel type, the global cable wood drum market has been bifurcated in one-way reel and iron-circled/tired multiway cable reel. The iron-circled/tired multiway cable reel segment is expected to expand at a CAGR of more than 3.5% during the forecast period. Iron-circled/tired multiway cable reels are primarily preferred for transporting heavy cables. They can also be used multiple times. Increase in popularity of iron-circled/tired multi-way cable reels with numerous potential benefits has boosted the demand for these cable reels, as they offer excellent load carrying capacity. Thus, iron-circled/tired multi-way cable reel segment is anticipated to remain highly attractive during the forecast period.

< 2,000 Kg to be Preferred Loading Capacity

Based on loading capacity, the global cable wood drum market has been divided into < 500 kg, < 1,000 kg, < 2,000 kg, < 4,000 kg, < 6,000 kg, and < 10,000 kg. The < 2,000 kg segment held more than 25.0% share of the global cable wood drum market in 2018. This trend is anticipated to continue throughout the forecast period. < 2,000 kg cable wood drums are primarily used to transport cable and wires that are employed in telecommunication, power, and construction industries. The growth in adoption of high load carrying capacity drums has boosted the demand for < 2,000 kg and < 4,000 kg drums, owing to their easily availability and cost effectiveness vis-à-vis steel drums.

Pre Book our Premium Research Report@

Europe to be Lucrative Region of Cable Wood Drum Market

In terms of consumption, Europe dominated the global cable wood drum market in 2018. The market in the region is expected to expand at a rapid pace from 2019 to 2027. Rapid urbanization, strong economic growth, expansion in construction and infrastructure industries, and development of the power infrastructure sector are major macroeconomic factors that are anticipated to fuel the demand for cable wood drums during the forecast period. Increase in consumption of cable wood drums in the wire & cable industry is also estimated to drive the market in Europe. The iron-circled/tired multiway cable reel segment in Europe, particularly in France and Italy, is likely to witness moderate growth in terms of consumption of cable wood drums in the next few years. Based on consumption, Asia Pacific is projected to a be a vital region of the global cable wood drum market in the near future.

Competition Landscape

The global cable wood drum market was fragmented in 2018, with the presence of numerous manufacturers. Eurocable (A part of Nexans S.A.), Sonoco Products Company, Pentre Group Ltd., etc. have considerable presence across the globe. These companies accounted for 50% share to 60% share of the global cable wood drum market in 2018. Key manufacturers operating in the global cable wood drum market include Sonoco Products Company, Pentre Group Ltd., PKR Limited, Yorkshire Cable Drums, EMS, Eurocable (A part of Nexans S.A. companies), CAPE, Askern UK Ltd., The Hildebrandt Group, Industrial Packaging Ltd., Boffi SpA, Labat-Merle, Svensson Group, and SARL CHASSIGNOL CHARLES.


Get Trending Report-


About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact TMR

Mr. Rohit Bhisey

Transparency Market Research

USA – Canada Toll Free: 866-552-3453


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts