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Flexitank Market by Type (Monolayer and Multilayer), Loading Type (Bottom Loading and Top Loading), Application (Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceutical Liquids), and Region - Global Forecast to 2023

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Date: 09-Apr-2019
No. of pages: 108
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“Competitive advantages over other alternatives”

The flexitank market is estimated to be USD 366 million in 2018 and is projected to reach USD 912 million by 2023, at a CAGR of 20.0%.The majority of flexitanks are consumed in the food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids applications. Increase in the demand for flexitanks around the globe is primarily driven because of the economic benefits of flexitanks. These include environment-friendly nature, requirement of lesser time and efforts in filling and discharging these tanks, and compatibility with a large number of industrially viable fluids along with reducing risk of cross-contamination of liquids. These tanks are also less expensive as compared to ISO tanks and drums. It saves around 50.0% on packaging cost and can transport 10.0% more cargo than ISO tanks and 30.0% more cargo than drums. Also, as they are single use bags, so there is no issue of its maintenance cost, whereas ISO tanks and drums require proper cleaning after each shipment. Thus, flexitanks are capturing a competitive edge over other alternatives which are favorable for its market growth.

“The food-grade liquids application segment accounted for the largest market share.”

The food grade liquids segment dominates the flexitank market and is expected to register the highest CAGR during the forecast period. Growth in the adoption of flexitanks for food-grade liquids transportation is expected to drive the demand for flexitanks. Edible oils and apple juice are largely exported from the APAC region. Orange juice, wine, and juice concentrates are exported in large quantity from North America, South America, and Europe. Compared to these, food grade liquids and non-hazardous chemicals are traded or exported in less quantity from Europe and North America. This scenario creates the demand for flexitanks from food-grade liquids application segment.

“APAC is the largest and projected to be the fastest-growing flexitank market.”

APAC is estimated to account for the largest share of the flexitanks market in 2018, owing to the growing production of edible oils, latex, pharmaceutical liquids across the region.APAC is the largest producer and exporter of palm oil and other edible oils. Also, APAC countries such as Thailand, Malaysia, Indonesia, Myanmar, and Singapore are the largest producer and exporter of latex. Together these countries export more than 75.0% of latex. This scenario across the region is favorable for the growth of the flexitank market during the forecast period.

Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and sub-segments of the flexitank market gathered through secondary research.

The breakdown of primary interviews has been given below.


  • By Company Type: Tier 1 –46%, Tier 2 –31%,and Tier 3–23%

  • By Designation: C Level Executives–31%, Director Level –15%, Others –54%

  • By Region: North America –15%, Europe –23%, APAC–39%, South America – 8%, Middle East & Africa -- 15%


The key companies profiled in this report include Braid Logistics (Scotland), Bulk Liquid Solutions (India), Environmental Packaging Technologies (US), SIA Flexitanks (Ireland), Trans Ocean Bulk Logistics (US), Qingdao LAF Packaging (China), Hengxin Plastic (China), Qingdao Global Flexitank Logistics (China), Trust Flexitanks (Spain), and Rishi FIBC (India).

Research Coverage

The flexitank market has been segmented based on type, loading type, application, and region. This report covers the flexitank market and forecasts its market size till 2023. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the flexitank market. The report also provides insights into the driving and restraining factors in the flexitank market along with opportunities and challenges across these industries. The report also includes profiles for top manufacturers in the flexitank market.

Reasons to Buy the Report

The report is expected to help market leaders/new entrants in the following ways:


  • This report segments the flexitank market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.

  • This report is expected to helps take holders understand the pulse of the flexitank market and provide information on key market drivers, restraints, challenges, and opportunities influencing the growth of the market.

  • This report is expected to helps take holders obtain an in-depth understanding of the competitive landscape of the flexitank market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies such as new product launch and expansion.

Flexitank Market by Type (Monolayer and Multilayer), Loading Type (Bottom Loading and Top Loading), Application (Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceutical Liquids), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Limitations
2.5 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Flexitank Market
4.2 Flexitank Market, By Type
4.3 Flexitank Market, By Loading Type
4.4 Flexitank Market, By Application
4.5 APAC Flexitank Market, By Application and Country
4.6 Flexitank Market, By Key Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Trade of Wine Globally
5.2.1.2 Competitive Advantages Over Other Alternatives
5.2.2 Restraints
5.2.2.1 Volatility in Prices of Raw Materials to Hamper the Market Growth
5.2.3 Opportunities
5.2.3.1 Increase in Commodity Trade in Brics Nations
5.2.3.2 New Configuration in Flexitanks and Bigger Size of Containers
5.2.4 Challenges
5.2.4.1 Availability of Low-Quality Flexitanks and Containers
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Certification and Approvals
5.4.1 Loading Regulations
5.5 Macroeconomic Indicators
5.5.1 Introduction
5.5.2 Real GDP Growth Rate and Per Capita GDP of Major Economies
5.5.3 Global Wine Production

6 Flexitank Market, By Type
6.1 Introduction
6.2 Monolayer Flexitanks
6.2.1 Food-Grade Liquids Drive the Monolayer Flexitank Market
6.3 Mutilayer Flexitanks
6.3.1 Multilayer Type is the Fastest-Growing Segment

7 Flexitank Market, By Loading Type
7.1 Introduction
7.2 Top Loading Flexitanks
7.2.1 Top Loading Flexitanks Have Higher Demand in Europe
7.3 Bottom Loading Flexitanks
7.3.1 Bottom Loading Flexitank Type is the Faster-Growing Segment

8 Flexitank Market, By Application
8.1 Introduction
8.2 Food-Grade Liquids
8.2.1 Wine, Spirits, and Alcoholic Beverages
8.2.1.1 Wine is the Most Transported Food-Grade Liquid Through Flexitanks
8.2.2 Edible Oils
8.2.2.1 APAC is the Largest Exporter of Edible Oils
8.2.3 Juice, Juice Concentrates, and Syrups
8.2.3.1 Orange Juice and Apple Juice are Most Traded Juices Across the Globe
8.2.4 Others
8.3 Non-Hazardous Chemicals/Liquids
8.3.1 Non-Hazardous Chemicals/Liquids Segment is the Second-Largest Application of Flexitanks
8.4 Pharmaceutical Liquids
8.4.1 European Countries are the Largest Exporters of Pharmaceutical Liquids

9 Flexitank Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.1.1 China to Dominate the Global Flexitank Market
9.2.2 Japan
9.2.2.1 The Presence of One of the Largest Chemical Industries is Favorable for the Flexitank Market
9.2.3 Malaysia
9.2.3.1 Malaysia is the Second-Largest Palm Oil Exporter Globally
9.2.4 Indonesia
9.2.4.1 Indonesia is the Largest Exporter of Palm Oil in the World Which is Positively Influencing the Flexitank Market Growth
9.2.5 South Korea
9.2.5.1 Demand for Flexitanks is Driven By Growing Exports of Chemical Products From the Country
9.2.6 India
9.2.6.1 India to Register the Largest CAGR in the Flexitank Market During the Forecast Period
9.2.7 Rest of APAC
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany Accounted for the Largest Market Share in Europe
9.3.2 France
9.3.2.1 France is the Largest Exporter of Wine in the World
9.3.3 Italy
9.3.3.1 Being the Second-Largest Wine Exporter in the World, Italy Drives the Demand for Flexitanks
9.3.4 UK
9.3.4.1 The UK’s Strong Position in Wine, Pharmaceutical Products, and Chemical Exports Drives the Flexitank Market
9.3.5 Spain
9.3.5.1 Spain is One of the Top 5 Wine Producers and Exporters, Which is Favorable for the Demand for Flexitanks
9.3.6 Rest of Europe
9.4 North America
9.4.1 US
9.4.1.1 The US is the Largest Exporter of Orange Juice, Wine, and Chemicals in North America
9.4.2 Mexico
9.4.2.1 Mexico’s Orange Juice Export is Expected to Drive the Flexitank Market
9.4.3 Canada
9.4.3.1 Orange Juice Exports to Boost the Demand for Flexitanks in Canada
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.1.1 Saudi Arabia is the Largest Exporter of Chemicals in the Region
9.5.2 Rest of the Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.1.1 Brazil is the Largest Producer and Exporter of Orange Juice
9.6.2 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking of Key Players
10.3 Competitive Scenario
10.3.1 New Product Launch
10.3.2 Expansion

11 Company Profile
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Braid Logistics
11.2 Bulk Liquid Solutions
11.3 Environmental Packaging Technologies
11.4 SIA Flexitanks
11.5 Trans Ocean Bulk Logistics
11.6 Qingdao Laf Packaging
11.7 Hengxin Plastic
11.8 Qingdao Global Flexitank Logistics
11.9 Trust Flexitanks
11.10 Rishi FIBC
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11.11 Other Companies
11.11.1 Proagri Solutions
11.11.2 Anthente International
11.11.3 Myflexitank
11.11.4 Full-Pak
11.11.5 Andesocean
11.11.6 Hinrich Industries
11.11.7 Bornit Ltd.
11.11.8 Neoflex
11.11.9 Liqua
11.11.10 UWL Flexitanks
11.11.11 Flexpack
11.11.12 M&W Flexitank
11.11.13 Yunjet Plastic Packaging
11.11.14 Sun Flexitanks
11.11.15 One Flexitank
11.11.16 Büscherhoff Packaging Solutions
11.11.17 Qingdao BLT Packing Industrial

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Annual Percent Change of Real GDP Growth Rates From 2016 to 2023
Table 2 Trends and Forecast of GDP Per Capita, By Country, 2016–2020 (USD)
Table 3 Flexitank Market Size, By Type, 2016–2023 (Units)
Table 4 Flexitank Market Size, By Type, 2016–2023 (USD Million)
Table 5 Flexitank Market Size, By Loading Type, 2016–2013 (Units)
Table 6 Flexitank Market Size, By Loading Type, 2016–2013 (USD Million)
Table 7 Flexitank Market Size, By Application, 2016–2023 (Units)
Table 8 Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 9 Flexitank Market Size, By Region, 2016–2023 (Units)
Table 10 Flexitank Market Size, By Region, 2016–2023 (USD Million)
Table 11 APAC: Flexitank Market Size, By Country, 2016–2023 (Units)
Table 12 APAC: Flexitank Market Size, By Country, 2016–2023 (USD Million)
Table 13 APAC: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 14 APAC: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 15 China: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 16 China: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 17 Japan: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 18 Japan: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 19 Malaysia: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 20 Malaysia: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 21 Indonesia: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 22 Indonesia: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 23 South Korea: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 24 South Korea: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 25 India: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 26 India: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 27 Rest of APAC: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 28 Rest of APAC: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 29 Europe: Flexitank Market Size, By Country, 2016–2023 (Units)
Table 30 Europe: Flexitank Market Size, By Country, 2016–2023 (USD Million)
Table 31 Europe: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 32 Europe: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 33 Germany: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 34 Germany: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 35 France: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 36 France: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 37 Italy: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 38 Italy: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 39 UK: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 40 UK: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 41 Spain: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 42 Spain: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 43 Rest of Europe: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 44 Rest of Europe: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 45 North America: Flexitank Market Size, By Country, 2016–2023 (Units)
Table 46 North America: Flexitank Market Size, By Country, 2016–2023 (USD Million)
Table 47 North America: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 48 North America: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 49 US: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 50 US: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 51 Mexico: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 52 Mexico: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 53 Canada: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 54 Canada: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 55 Middle East & Africa: Flexitank Market Size, By Country, 2016–2023 (Units)
Table 56 Middle East & Africa: Flexitank Market Size, By Country, 2016–2023 (USD Million)
Table 57 Middle East & Africa: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 58 Middle East & Africa: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 59 Saudi Arabia: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 60 Saudi Arabia: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 61 Rest of the Middle East & Africa: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 62 Rest of the Middle East & Africa: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 63 South America: Flexitank Market Size, By Country, 2016–2023 (Units)
Table 64 South America: Flexitank Market Size, By Country, 2016–2023 (USD Million)
Table 65 South America: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 66 South America: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 67 Brazil: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 68 Brazil: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 69 Rest of South America: Flexitank Market Size, By Application, 2016–2023 (Units)
Table 70 Rest of South America: Flexitank Market Size, By Application, 2016–2023 (USD Million)
Table 71 New Product Launch, 2015–2018
Table 72 Expansion, 2015–2018

List of Figures

Figure 1 Flexitank Market: Research Design
Figure 2 Flexitank Market: Top-Down Approach
Figure 3 Flexitank Market: Bottom-Up Approach
Figure 4 Flexitank Market: Data Triangulation
Figure 5 Multilayer Type to Dominate the Flexitank Market During the Forecast Period
Figure 6 Bottom Loading Type Accounted for the Larger Share in the Flexitank Market in 2017
Figure 7 Food-Grade Liquids Application Was the Largest Segment of the Flexitank Market
Figure 8 APAC to Be the Largest and Fastest-Growing Flexitank Market
Figure 9 Growth in Bulk Liquid Trade to Drive the Demand for Flexitanks
Figure 10 Multilayer Flexitank to Be the Larger Type Between 2018 and 2023
Figure 11 Bottom Loading to Capture the Higher Share During the Forecast Period
Figure 12 Food-Grade Liquids to Be the Largest Application of Flexitank By 2023
Figure 13 Food-Grade Liquids Segment and China Accounted for the Largest Market Share in APAC in 2017
Figure 14 India to Register the Highest CAGR in the Market
Figure 15 Driver, Restraints, Opportunities, and Challenges for the Flexitank Market
Figure 16 Trend of Wine Trade in Volume
Figure 17 Global Wine Trade, By Product Type (Volume)
Figure 18 Porter’s Five Forces Analysis: Flexitank Market
Figure 19 Growth in Global Wine Production From 2010 to 2018
Figure 20 Multilayer Type Segment Dominates the Flexitank Market
Figure 21 Bottom Loading Segment to Dominate the Flexitank Market
Figure 22 The Food-Grade Liquids Segment to Dominate the Flexitank Market
Figure 23 APAC to Emerge as A New Hotspot in the Global Flexitank Market, 2018–2023
Figure 24 APAC: Flexitank Market Snapshot
Figure 25 Europe: Flexitank Market Snapshot
Figure 26 North America: Flexitank Market Snapshot
Figure 27 Companies Adopted New Product Launch as the Key Growth Strategy Between 2015 and 2018
Figure 28 Ranking of Key Flexitanks Manufacturers in 2017
Figure 29 SWOT Analysis: Braid Logistics
Figure 30 SWOT Analysis: Bulk Liquid Solutions
Figure 31 SWOT Analysis: Environmental Packaging Technologies
Figure 32 SWOT Analysis: SIA Flexitanks
Figure 33 SWOT Analysis: Trans Ocean Bulk Logistics

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