A flexitank is a type of bulk liquid bladder pouch or bag that allows shippers to load large amounts of liquids into dry containers. To safely store liquid contents, Flexitanks are made of several layers of flexible but durable plastic film. Non-hazardous liquids such as liquid latex, fruit juices, and even wine are transported in them. Aside from the cost savings, flexitanks are also safer because they are built for single-use and do not pose the same contamination risk.
MARKET DYNAMICS
Increased beverage exports, the global demand for oil and food, and low labour and logistic costs associated with flexitanks handling are all main factors driving product demand. The growth of the flexitanks market will be described by an increase in green logistics practices as a result of government tight laws over the forecast years. However, factors such as leakage or breakage of the contents in flexitanks result in a complete loss for the shipper, which may minimize the product's use for hazardous liquid transportation, restricting market development.
MARKET SCOPE
The "Global Flexitanks Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the flexitanks market with detailed market segmentation by type, loading type and application. The global flexitanks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flexitanks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By Type
- Monolayer
- Multilayer
By Loading Type
- Bottom Loading
- Top Loading
By Application
- Food-Grade Liquids
- Non-Hazardous Chemicals/Liquids
- Pharmaceutical Liquids
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global flexitanks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The flexitanks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the flexitanks market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the flexitanks market in these regions.
MARKET PLAYERS
The report covers vital developments in the flexitanks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the flexitanks market are anticipated to lucrative growth opportunities in the future with the rising demand for flexitanks in the global market. Below mentioned is the list of few companies engaged in the flexitanks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the flexitanks market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Braid Logistics
- Environmental Packaging Technologies
- SIA Flexitanks
- Qingdao LAF Packaging
- Bulk Liquid Solutions
- Trust Flexitanks
- Trans Ocean Bulk Logistics.
- Rishi FIBC
- Hengxin Plastic
- Sun FlexiTanks
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.