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Flexitank is a bag used to transport non-hazardous and non-viscous (less than 1.6 specific gravity) bulk liquid cargos through ordinary 20 ft containers. Flexitanks are made up of a single layer or multilayer polyethylene or polyvinyl chloride. They can hold around 11,000-25,000 liters of liquid substances, such as industrial oils, food stuffs, and non-hazardous chemical liquids.
LPI (LP Information)' newest research report, the "Flexitanks Industry Forecast" looks at past sales and reviews total world Flexitanks sales in 2022, providing a comprehensive analysis by region and market sector of projected Flexitanks sales for 2023 through 2029. With Flexitanks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flexitanks industry.
This Insight Report provides a comprehensive analysis of the global Flexitanks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flexitanks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flexitanks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flexitanks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flexitanks.
The global Flexitanks market size is projected to grow from US$ 341.3 million in 2022 to US$ 1012.5 million in 2029; it is expected to grow at a CAGR of 1012.5 from 2023 to 2029.
The food application segment accounted for the major shares of the flexitanks market. The increasing use of flexitanks to transport beer and wine, edible oils, food additives, glycerin, mineral water, fruit juice, and vegetable oils will contribute to the growth of this industry segment in the coming years.
This report presents a comprehensive overview, market shares, and growth opportunities of Flexitanks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Multilayer Flexitanks
- Monolayer Flexitanks
- Bilayer Flexitanks
Segmentation by application
- Food Applications
- Industrial Applications
- Chemical Applications
- Other
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- 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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flexitanks market?
What factors are driving Flexitanks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flexitanks market opportunities vary by end market size?
How does Flexitanks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?