Flexitanks Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Environmental Packaging Technologies, MY FlexiTank, Qingdao LAF Packaging, SIA Flexitanks

According to a latest market research report by Industry Data Analytics, the Flexitanks Market is accounted for $1.45 billion in 2020 and is expected to reach $ 3.80 billion by 2026 growing at a CAGR of 21.5% during the forecast period.

Flexitanks Market Overview

Flexitank is a disposable, soft, high-strength, light-weight plastic bladder used for bulk transportation of non-hazardous liquid commodities within a conventional 20-foot ISO shipping container. These devices enable the transportation of food-grade liquids and non-hazardous substances across oceans at much cheaper prices than other bulk liquid transportation options such as ISO tanks and Intermediate Bulk Containers (IBCs). When placed in the container, they store roughly 30% more payload than these options and resist thickening on the container sides, making bulk liquid transfer safe and secure.

The growing global trade of liquid food goods, chemicals, pharmaceuticals, and industrial products is boosting market growth. Only non-hazardous liquids can now be transported using the items, but industries are looking for materials that can withstand chemical corrosion, allowing for the safe carriage of all liquids. This tendency will open up new growth opportunities for organisations in the market.

The report aspects discussed the profile of the top manufacturers of the global Flexitanks market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Flexitanks Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Industry News and Updates:

MARCH 16, 2022: SIA Flexitanks Introduce the Trinity Tank--

SIA Flexitanks today launched new innovations: The Trinity Tank – A Three -Pod Reefer Flexitank system that allows shippers to load multiple bulk liquids in the same container. SIA remain committed to maintaining our position as an innovative leader in the Flexitank Industry and we continue to develop new and innovative products.

What are the major Applications, Types and Regions for Flexitanks Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Multilayer Flexitanks


• Monolayer Flexitanks


• Bilayer Flexitanks

By Application, it is segmented into

• Food Applications


• Industrial Applications


• Chemical Applications


• Other

By Loading Type, it is segmented into

• Top Loading


• Bottom Loading

Flexitanks Market Segments Analysis

• Bottom loading flexitanks provide advantages such as simple loading and unloading procedures and reduced payload losses during the unloading process. Because of these advantages, the bottom loading category has gained significant market share in the past and will continue to do so in the future.


• The chemicals application segment is predicted to develop significantly between 2020 and 2028. The rise can be ascribed to the growing popularity of flexitanks, as well as the fact that they can transport any non-toxic liquid chemical.

Flexitanks Market Regional Analysis

The global flexitank market size in Asia Pacific was estimated at USD 245.4 million in 2019. Because of the high density of food goods and chemical industrial hubs in the region, Asia Pacific is likely to lead the market. Additionally, governments in China, India, and certain Southeast Asian nations are focusing on growing exports, which will provide a huge potential opportunity for the Asia Pacific industry. The market in North America will expand due to the region's considerable exports of fruit juices and syrups to eastern countries. Furthermore, liquid transportation via rail-based containers has grown dramatically in North America, resulting in a massive product demand. On the other hand, the market in Europe will mirror the growth of pharmaceutical exports from the region. The Latin American market will expand significantly as a result of increased exports of alcoholic drinks and fruit juices from the region to food processing businesses in North America and Europe. The Middle East and Africa market is likely to rise as global demand for petrochemicals grows.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Flexitanks Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Flexitanks Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Flexitanks Market report scope?

Frequently Asked Questions

What is the growth rate of Flexitanks Market?

The Flexitanks Market is growing at a CAGR of 21.5% over the next 5 years.

Who are the key players in Flexitanks Market?

Environmental Packaging Technologies, MY FlexiTank, Qingdao LAF Packaging, SIA Flexitanks, Trans Ocean Bulk Logistics, BeFlexi, BLT Flexitanks Industrial, Bulk Liquid Solutions, Mak & Williams Flexitanks Supply Limited, Rishi FIBC Solutions

What are the significant types of Flexitanks Market?

Multilayer Flexitanks, Monolayer Flexitanks, Bilayer Flexitanks

What are the major end-use applications of Flexitanks Market?

Food Applications, Industrial Applications, Chemical Applications, Other

On the basis of application, which segment is likely to dominate the Flexitanks Market in the forecast period?

Chemical Applications segment is likely to dominate the Flexitanks Market in the forecast period.

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