Flexitanks Market

Flexitanks Market Size, Share, Growth Analysis, By Product(Single-trip, Multi-trip), By Application(Foodstuffs, Wine & Spirits), By Regional(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG20R2031 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Flexitanks Market Insights

Market Overview:

In 2020, the global flexitanks market demonstrated a significant valuation of USD 717.4 million. Over the forecast period from 2020 to 2028, this market is projected to experience a robust compound annual growth rate (CAGR) of 21.0%. Flexitanks, which are flexible containers used for the transportation of liquids and dry bulk goods, have gained considerable popularity due to their efficiency and cost-effectiveness in the logistics industry. Factors such as the increasing demand for bulk liquid transportation, favorable regulations, and the rising adoption of flexitanks by various industries are expected to drive the market's growth in the coming years. With the expanding global trade and logistics sector, the flexitanks market is poised for substantial expansion and opportunities.

Flexitanks Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Air Freight & Logistics by segment aggregation, the contribution of the Air Freight & Logistics in Transportation and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Flexitanks was estimated to be valued at US$ XX Mn in 2021.

The Flexitanks Market is estimated to grow at a CAGR of XX% by 2028.

The Flexitanks Market is segmented on the basis of Product, Application, Regional.

Based on region, the Flexitanks Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Flexitanks Market are 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.

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Flexitanks Market

Product ID: UCMIG20R2031

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