Jerry Cans Market To Receive Overwhelming Hike In Revenues By 2016 - 2024
A Jerry can is a container that is used to store liquid. It was initially designed in the 1930s for military use to hold 20 liters of fuel. The current Jerry Can is a result of continuous development of earlier can designs, which required funnels and other tools for dispensing. The Jerry cans have become a perfect storage container as they are available in different sizes, shapes, and designs. Additionally, Jerry Cans are also available in several colors which depict different materials being stored. For example, red color depicts gasoline, yellow is for diesel and blue color donates kerosene. The continuous development and innovations is expected to drive the growth in the Jerry cans market . For instance, explosive safe Jerry cans is one such development. These type of cans are best suited for 2nd and 3rd class dangerous goods which not exceed density of 1.2kg. Jerry Cans Market Dynamics: The global Jerry cans market is expected to witness a CAGR of around 3% during the forecas...