Flexitanks Market Is Projected To Rise As Of Growing Need To Reduce The Weight Of Bulk Packaging To Increase The Cost-Effectiveness

Jyoti Waghmare

Flexitanks Industry Overview

The global flexitanks market size was valued at USD 717.4 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2020 to 2028.

Increasing global trade, coupled with the competitive benefits of flexitanks over their traditional substitutes, such as ISO containers, drums, barrels, and IBCs, is expected to drive the industry. Flexitanks have capacities ranging from twelve thousand liters to twenty-six thousand liters. These are commonly used for shipping an extensive range of liquid products, including wines, fruit juices, concentrates, mineral water, edible oils, tallow, malt extracts, lubricants, fertilizers, non-hazardous chemicals, and pharmaceuticals.

The U.S. has the presence of the world’s largest pharmaceutical companies including Pfizer, Johnson & Johnson, Eli Lilly and Company, and Abbott Laboratories. These companies prefer single-trip flexitanks for the transportation of temperature-sensitive liquids, thus resulting in significant growth prospects for the industry in the country.

Gather more insights about the market drivers, restrains and growth of the Global Flexitanks Market

Flexitanks are considerably inexpensive than ISO containers and drums and carry approximately 15% more payload than IBCs and 44% more than the drums, which makes them economically favored bulk packaging solutions. Moreover, they are majorly used for single-use, which reduces the risk of contamination.

The growing need to reduce the weight of bulk packaging to increase the cost-effectiveness of freight is projected to support the market growth. In addition, low labor and logistic costs associated with flexitanks handling, zero cleaning cost owing to one-time use, and eco-friendliness are few other factors that are likely to fuel the product demand over the forecast years.

However, factors such as leakage or breakage of the contents in flexitanks result in total loss of the shipper, which may reduce the product usage for the transportation of hazardous liquids, thereby limiting the growth. Moreover, fluctuating prices of plastic resins, the raw material for manufacturing flexitanks, are expected to pose challenges to the manufacturers.

The outbreak of COVID-19 severely disrupted the supply chain and retail distribution for numerous products across the world. In the first quarter of 2020, the COVID-19 outbreak was majorly concentrated in China, and to contain the disease spread, several countries including the U.S. limited their imports from China. Thus, this temporary halt on imports from major exporting countries such as China resulted in a contraction in demand for the flexitanks in 2020.

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Flexitanks Market Segmentation

Grand View Research has segmented the global flexitanks market report on the basis of product, application, and region:

Flexitanks Product Outlook (Volume, Units; Revenue, USD Thousand, 2017 - 2028)
Single-trip
Multi-trip
Flexitanks Application Outlook (Volume, Units; Revenue, USD Thousand, 2017 - 2028)
Foodstuffs
Wine & Spirits
Chemicals
Oils
Industrial Products
Pharmaceutical Goods
Flexitanks Regional Outlook (Volume, Kilotons; Revenue, USD Thousand, 2017 - 2028)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa (MEA)

Market Share Insights

October 2018: Braid Logistics expanded its global network in APAC with the establishment of Braid Japan Co., Ltd. (Japan).
June 2017: Environmental Packaging Technologies (EPT) launched a new flexitank under brand name LIQUIRIDE, especially for refrigerated shipping containers.

Key Companies profiled:

Some prominent players in the flexitanks market include:

Qingdao BLT Packing Industrial Co., Ltd. (BLT)
Braid Logistics UK Ltd.
Bulk Liquid Solutions Pvt. Ltd.
Büscherhoff Packaging Solutions GmbH
Environmental Packaging Technologies, Inc.
Full-Pak
K Tank Supply Ltd.
Mak & Williams Flexitank Supply Ltd.
MY FlexiTank (MYF)
KriCon Group BV
Qingdao LAF Packaging Co., Ltd.
SIA FLEXITANKS
Yunjet Plastics Packaging
Trans Ocean Bulk Logistics Ltd.
TRUST Flexitanks

Order a free sample PDF of the Flexitanks Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Jyoti Waghmare

Flexitanks Market Drivers, Restraints and Challenges Analysis Report 2021-2027

Saumya Khan 2021-11-23

The Flexitanks Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. Get | Download FREE Sample Report of Global Flexitanks Market @ https://www. Which application and type segment holds the maximum share in the Global Flexitanks market? What are the opportunities and challenges currently faced by the Flexitanks market? Purchase the Complete Global Flexitanks Market Research Report @ https://www.

Flexitanks Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2017–2027

Reportsanddata 2023-01-13

The global flexitanks market is forecast to reach USD 1. Rapid industrialization and rise in commodity export in countries like Malaysia, Thailand, China, India, Indonesia, and Vietnam are encouraging market growth. Furthermore, factors such as growth in end-user industries like chemical, pharmaceutical, and food & beverage, will propel the market demand. Get a sample of the report @ https://www. , South Africa, Rest of MEA)To know more about the report @ https://www.

Flexitanks Market Report, Size, Current and Future Industry Trends 2027

fairfieldmarketresearch 2022-02-03

Get a Sample Copy of Flexitank Market:https://www. North America Sways Advancement in Flexitank ManufacturingNorth America, being the region that makes the optimal utilization of resources, dominates the flexitank market. For More Information Flexitank Market Visit:https://www. com/report/flexitanks-market About Us Fairfield Market Research is a UK-based market research provider. com/ Email: sales@fairfieldmarketresearch.

Flexitanks Market is projected to reach US$ 1085 Mn by 2026

Aarti Mule 2020-05-16

The demand within the global market for flexitanks has been rising on account of advancements in the field of liquid handling, predicts Transparency Market Research (TMR).

The competition in the global flexitanks market is expected to increase in the years to come, majorly due to fragmented demand dynamics of the global market.

The relation of the global flexitanks market to the transportation of bulk liquids places on onus of safety upon the manufacturers and vendors.

These vendors have made several fundamental changes have to their business strategies over the past decade.Acquisitions are expected to be a key strategy for the leading vendors in the global flexitanks market.

This strategy could help these marginal vendors to avert the momentous competition from larger entities.

On the basis of geography, the market for flexitanks in Asia Pacific is projected to expand at a stellar pace in the years to come.

Flexitanks Market Rising Growth, Emerging Scope, Estimated Forecast to 2027

Supriya kokate 2021-01-05

The Global Flexitanks Market research study takes a comprehensive approach towards studying the key trends influencing the growth of this sector.

The report comprises data that offers an in-depth insight into the business sector.

The research report focuses on the changes and progress in the business sphere due to the recent COVID-19 pandemic.

The report evaluates the current market scenario along with the impact of the COVID-19 pandemic on the present and future scenarios.Request a sample of the Flexitanks Market report @ https://www.reportsanddata.com/sample-enquiry-form/1891The study offers valuable insights into the regional landscape of industry verticals, coupled with the established companies that have gained a substantial position in the industry.Summary of the Global Flexitanks Market:The report offers an in-depth analysis of the regional landscapeA comprehensive overview of the competitive landscapeA detailed outline of the market segmentationDetailed Analysis of the Regional Segmentation:The report analyses the regional market of this industry through extensive study.

The report includes valuable insights pertaining to the industry shares and market position as per the market share occupied by these geographies.

It also offers the expected growth rate that the industry is anticipated to register over the forecast timeline.Competitive Landscape:The Flexitanks market research report comprises of a comprehensive evaluation of the competitive landscape of the business sphere.

World Flexitanks Market Report by Product Type, Market Players and Regions-Forecast to 2022

Ram B 2020-05-20

The World Flexitanks Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc), is an informative market report offered by DecisionDatabases.com.Flexitanks market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/25599-flexitanks-market-analysis-reportThe Players mentioned in our reportSIA Flexitanks Ltd Print-PackagingBraid LogisticsMY Flexitank IBL Flexitank Sdn BhdHOYER Global Transport BVAbrao GroupTrust FlexitanksMak & Williams Flexitank SupplyTrans OceanGlobal Flexitanks Market: Product Segment AnalysisMulti-trip typesSingle-trip typesGlobal Flexitanks Market: Application Segment AnalysisFoodstuffsNon-FoodstuffsGlobal Flexitanks Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Flexitanks Market @ https://www.decisiondatabases.com/contact/download-sample-25599There are 10 Chapters to deeply display the World Flexitanks market.Chapter 1 About the Flexitanks IndustryChapter 2 World Market Competition LandscapeChapter 3 World Flexitanks Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Flexitanks Market Forecast through 2022Chapter 10 Key success factors and Market OverviewPurchase full World Flexitanks Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-25599Other Reports by DecisionDatabases.com:World Water Tank Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)World Fish Tank Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/

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Global Industrial Protective Fabrics market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period.

In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Protective Fabrics.Enquire more details of the report at: http://www.orbisresearch.com/contacts/request-sample/2330571This study categorizes the global Industrial Protective Fabrics breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.This report focuses on the top manufacturers' Industrial Protective Fabrics capacity, production, value, price and market share of Industrial Protective Fabrics in global market.

The following manufacturers are covered in this report:3MKoninklijke Ten Cate NvTeijinDu PontMilliken & CompanyKolon IndustriesKlopmanLakeland IndustriesW.

L. Gore & AssociatesGlen RavenCetrikoLorica InternationalIndustrial Protective Fabrics Breakdown Data by TypeFire & Heat-resistant FabricChemical Resistant FabricUV Resistant FabricIndustrial Protective Fabrics Breakdown Data by ApplicationBuilding & ConstructionOil & GasFirefightingOtherIndustrial Protective Fabrics Production Breakdown Data by RegionUnited StatesEuropeChinaJapanOther RegionsMake an Inquiry before Buying@ http://www.orbisresearch.com/contacts/enquiry-before-buying/2330571About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.

We have vast database of reports from the leading publishers and authors across the globe.

We specialize in delivering customized reports as per the requirements of our clients.

Turkey Cosmetics Market: Explore the hidden potential

freyr solutions 2018-12-20

The global cosmetics production is one of the fastest growing industry globally, with a market size of USD 532.43 billion (in 2017). It is one of the few industries which is not much affected by the ups and downs of the global economic conditions. Even though the overall sale of the products is affected, the industry manages to maintain a steady sales volume. If the market continues to grow like this, it is estimated to reach a value of USD 805.61 billion by the end of 2023, registering a CAGR of 7.14%. Turkey is among the rising and major contributing markets for the cosmetics industry. Besides being a bridge between the Europe, Asia and Middle East, the Turkish market is constantly expanding its range of cosmetic products making it a niche of opportunities.

Flexitanks Market Size, Share, Trends, Growth, Forecast Analysis Report By Product, By Application, By Segment, By Region - Global Forecast 2018-2023

John Martin 2018-07-23

FLEXITANKS Industry research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Global Bulk Liquid Shipping Bag Market Research Report 2021

shubham raut 2021-05-05

Bulk Liquid Shipping Bag research report includes specific segments by region (country), by manufacturers, by Type and by Application.

Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.

Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Spirulina Market Analysis by Top Players 2020 to 2030

Kanika Bath 2020-08-07

Global Agriculture Drippers Market Insights, Forecast to 2025

pooja patil 2021-04-29

Global Agriculture Drippers market size will increase to Million US$ by 2025, from Million US$ in 2018, at a CAGR of during the forecast period.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Agriculture Drippers.

Browse Full Global Agriculture Drippers Market 2019 – 2026 Report @-https://www.99-reports.com/market-report/agriculture-drippers-market#report_Desc

Global Anode Steel Claw Market Insights, Forecast to 2025

tanay tiwari 2019-12-09

The following manufacturers Of Anode Steel Claw are covered in this report:

India Color Sorter Market Research Report - Forecast 2022

Rishikesh Kurane 2019-11-14

India Color Sorter Market, By Type (Chute and Belt) By Application (Agricultural and Industrial), and Region - Forecast 2016-2022.

The color sorter market is highly application driven and is demanded by agricultural sector majorly.

The color sorter machines and systems detect the colors of seeds and grains that pass before them using devices such as cameras.

The market in India is divided on the basis of type into chute and belt and on the basis of application into agricultural and industrial.

India Color Sorter Market was valued at USD 16.5 Million in 2015 and is projected to grow at a CAGR of 2.05% during the forecast period.

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the automotive gear market

In-depth Market Analysis Of On-demand Taxi Booking Market Share & Latest Trends

Anurag Rathod 2021-05-19

The On-demand Taxi Booking market research primarily focuses on the market size, growth, changing trends, factors that are impacting the present market over the period from 2020-2027.

Read on the blog to know more.

Diana Rusco 2021-09-28

Intermediate Bulk Containers (IBC) market is anticipated to observe growth during the forecast period due to growing demand at the end user level.

Intermediate Bulk Containers (IBC) report gives a clue about the uncertainties that may come up due to changes in business activities or introduction of a fresh product in the market.

The facts and figures included to produce this report are based on the data collection modules with large sample sizes.

It is a meticulous analysis of current scenario of the market, which takes into consideration several market dynamics.

Non-Small Cell Lung Cancer Market is Expected to Increase With a CAGR of 10.7% for the Study Period of 2017-2030: DelveInsight

Ankit Nigam 2020-10-12

Self-adhesive Fiberglass Mesh Tapes Market Insights, Forecast to 2025

gargi patil 2019-10-30

The following manufacturers Of Self-adhesive Fiberglass Mesh Tapes are covered in this report:

Global Industrial Protective Fabrics Market Insights, Forecast to 2025

Marsh Paul 2018-12-19

Global Industrial Protective Fabrics market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period.

The following manufacturers are covered in this report:3MKoninklijke Ten Cate NvTeijinDu PontMilliken & CompanyKolon IndustriesKlopmanLakeland IndustriesW.

We have vast database of reports from the leading publishers and authors across the globe.

We specialize in delivering customized reports as per the requirements of our clients.

Music Streaming Mobile App Development Cost & Key Features

Rahul Mathur 2020-12-28

Want to develop Music Streaming Mobile App l?

Explore key features, market size, required team & development cost for Music Streaming application development.

Turkey Cosmetics Market: Explore the hidden potential

freyr solutions 2018-12-20

North America Animal Feed Market - Size, Trends, and Forecast (2019 - 2024)

James Anderson 2019-12-12

Upheavals of ailments in creatures coupled with rising customer mindfulness are the central point adding to the expanding interest for creature feed during the estimate time frame.

We have included all the segment of this market in our market research report.