Flexitank Market: USD 1.33 Billion Expected by 2032 with 22.9% CAGR

According to Polaris Market Research's study, the flexitank market is expected to grow at a CAGR of 22.9% over the estimated period. The market value is expected to grow from USD 1.33 billion in 2023 to USD 8.47 billion in 2032.

The industry's growth is being fuelled by the growing magnitude of global trade ventures and the canniness provided by flexitanks as contrasted to conventional options such as ISO containers, drums, barrels, and IBCs. Also, the market is expanding due to lower labor and loading prices and the absence of relocating charges.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.polarismarketresearch.com/industry-analysis/flexitank-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

There is always a need for heavy liquid components to be shipped from one location to another. Flexitanks are flexible tank holders that provide sealed repositories and shipment of liquid consignment in bulk. It is a concealed, stackable, or flexible bag or bladder that is positioned into a twenty-foot dry van or customary holder. The flexitanks normally utilized by the industry can carry up to 24,000 liters of liquid consignment. Flexitanks are utilized for the conveyance of nondetrimental liquid. The greater part of flexitanks provides dimensions between 10,000 liters to 24,000 liters. Others are tailored as per the shipment needs varying from 1,000 liters to 100,000 liters.

𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐀𝐝𝐨𝐩𝐭𝐞𝐝 𝐛𝐲 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

The market portrays an elevated degree of splintering represented by sizeable existence of several firms. A list of key companies profiled in the flexitank market are:

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

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:

https://www.polarismarketresearch.com/industry-analysis/flexitank-market/inquire-before-buying

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

𝐂𝐨𝐬𝐭-𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬:

• Lower transportation cost: Flexitanks provide a cost-effective solution for transporting non-hazardous liquids compared to traditional methods like drums or IBCs (Intermediate Bulk Containers). They reduce handling, storage, and freight costs.

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐁𝐮𝐥𝐤 𝐋𝐢𝐪𝐮𝐢𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭:

• Chemical industry: Rising demand for transporting bulk chemicals, oils, and lubricants is driving flexitank adoption. They are increasingly preferred for the safe and efficient transport of non-hazardous liquid chemicals.

𝐅𝐥𝐞𝐱𝐢𝐭𝐚𝐧𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

• Single trip segment held the largest share, owing to wide availability of single trip products

• Food-stuffs segment dominated he market, due to increasing trade of FMCG products and other perishable items

• Asia Pacific dominated the market, on account of rise in cross border trade and daily movement of packaged foods and medicines

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:

https://www.polarismarketresearch.com/industry-analysis/fluorescent-pigment-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭:

The research shows that the flexitank market analysis is primarily segmented by product, application, and region. According to product analysis, the single-trip segment held the largest market share. The economic benefit of single-trip flexitanks renders them a chosen option for several industries participating in liquid conveyance.
Furthermore, according to the application, the foodstuffs segment accounted for the highest share. This is fuelled by the speedy augmentation of retail chains and growing food requirements related to augmenting the population in surfacing nations.

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Agricultural Lubricant Market:
https://www.polarismarketresearch.com/industry-analysis/agricultural-lubricants-market

Organosheet Market: https://www.polarismarketresearch.com/industry-analysis/organosheet-market

Rodenticides Market: https://www.polarismarketresearch.com/industry-analysis/rodenticides-market

Hard Coating Market: https://www.polarismarketresearch.com/industry-analysis/hard-coatings-market

Fluorescent Pigment Market: https://www.polarismarketresearch.com/industry-analysis/fluorescent-pigment-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Likhil G
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𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
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