Press release
Global Flexitank Market Analysis - Forecast to 2026
As per the research conducted by GME, the Flexitank Market will grow with a CAGR value of around 13.3 percent over the forecast period.Browse TOC on “Global Flexitank Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/flexitank-market-3362
By Container Liner (Ploypropylene, Polyethylene, HDPE, LDPE, EVOH), By Container Type (Single-Trip, Multi-Trip), By Application (Food & Beverages, Pharmaceuticals, Chemical & Oil, Industrial Products), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/flexitank-market-3362
Flexitanks are lightweight solutions to transport bulk liquid shipments internationally. They are reliable shipment solutions for nonexplosive liquid goods such as wine, palm oil, olive oil, and other vegetable oils. In the case of nonfood commodities, the containers are suitable for crude oil, propylene glycol, whitening agent, and other industrial liquid goods.
The increasing need to reduce the shipping expenses along with the necessity to increase the transportation capacity is the major factor to drive Flexitank demand. These products are lighter in weight and hold more capacity than an IBC. Lighter in weight, extended weight capacity, and lesser shipment expense are the prime success factors in the industry.
Polyethylene dominated the container liner segment
There is a large presence of raw material providers in the industry due to the enormous production process. The major raw material used while manufacturing the Flexitank is polypropylene, polyethylene, LDPE, HDPE, and EVOH. Polypropylene and polyethylene are the widely used polymers in the industry due to their suitability and early adoption. However, the materials such as EVOH, LDPE, and HDPE are gaining high attention in recent years. Better breathability, oxygen barrier, and moisture resistance are major additional features to drive the adoption of these materials. The Flexitank is a vast industry with diversified possibilities due to its end-use industry.
Single-trip container type led the demand
The global flexitank industry is concentrated towards the single-trip container which is disposable and bears no returning cost. Higher suitability and compatibility to fulfill the shipment purpose has induced the adoption of single-trip containers in the majority of the applications.
North America dominated the regional segment
The North American flexitank industry led by the U.S. and Mexico dominated global consumption. The region surpassed the global exportation of bulk liquids through flexitank. Increasing investment in advanced shipment solutions in various commodities accompanied by increasing need to reduce the operation cost is the major reasons to stimulate regional demand.
Technology advancement and collaboration with the start-up companies are the prime strategies
Plastika Kritis SA, SIA Flexitanks LTD, Full-Pak, Trans Ocean Bulk Logistics Ltd. (Hillebrand), Environmental Packaging Technologies Inc, Mak & Williams Flexitank Supply Limited, Globalliners B.V, Nier Systems Inc, My Flexitank Industries Sdn. Bhd, United Bags Inc, DAJIE Packaging Co., Ltd, Shandong Shouguang Jianyuanchun Co., Ltd, LAF Packaging Co. Ltd, Zhongrun Plastic Products Co., Ltd, TRUST Flexitanks, Braid Logistics U.K. Ltd, Bulk Liquid Solutions Pvt. Ltd, Bulk Liquid Transport (BLT), Büscherhoff Packaging Solutions GmbH, Rishi FIBC Solutions Pvt. Ltd, Yunjet Plastics Packaging, KriCon Group BV, and CLA Holdings Pte Ltd, are the key industry participants.
Container Liner Outlook (Revenue, USD Million, 2021-2026)
• Polypropylene
• Polyethylene
• HDPE
• LDPE
• EVOH
• Others
Container Type Type Outlook (Revenue, USD Million, 2021-2026)
• Single-trip
• Multi-trip
Application Outlook (Revenue, USD Million, 2021-2026)
• Food & Beverages
• Pharmaceuticals
• Chemical & Oil
• Industrial Products
• Others
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• South Korea
• Australia
• Malaysia
• ROAPAC
Central & South America
• Brazil
• Argentina
• Chile
Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
• Tunisia
• ROMEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
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