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Flexitanks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 141 Pages
  • November 2022
  • Region: Global
  • IMARC Group
  • ID: 5700755

Quick Summary:

In the ever-evolving landscape of global trade, the need for efficient and reliable bulk liquid transportation solutions is paramount. Against this backdrop, the flexitanks market has been witnessing a substantial growth, fueled by an increasing demand from diverse sectors such as food, wine & spirits, chemicals, oils, and pharmaceutical goods.

Flexitanks, storage units adept at facilitating bulk transportation of non-hazardous liquids, offer significant advantages. These include high operational efficiency, protection against contamination, safety, and cost-effectiveness, making them an ideal choice over traditional shipping alternatives. Furthermore, the rising environmental concerns are prompting key players to develop flexitanks from recycled and renewable materials, offering a sustainable solution in the transportation sector. Their surging popularity, particularly in the import of alcoholic beverages, also stands to boost the flexitanks market.

Complementing these key factors, governing agencies across the globe are establishing stringent guidelines for the shipment of food-grade products, non-hazardous chemicals, and pharmaceutical materials, which in turn, are stimulating the demand for flexitanks. This report provides comprehensive insights into the ever-expanding flexitanks market, aiding to make informed decisions in a dynamic worldwide economy.

The global flexitanks market size reached US$ 772 Million in 2021. Looking forward, the publisher expects the market to reach US$ 2,106 Million by 2027, exhibiting a CAGR of 18.21% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Flexitanks are storage pouches or bags that assist in the bulk transportation of non-hazardous liquids in a dry shipping container. They are made using multiple layers of polyethylene, lined with corrugated paper or cardboard, and covered using woven polypropylene. They are thin, safe, and cost-effective and offer high operational efficiency and protection against contamination compared to intermodal containers. Consequently, they are widely used for shipping oils, beer, wine, molasses, beverages, fruit concentrates, and egg products. They can also be utilized to export water, latex, glycerin, biodiesel, chemicals, pharmaceutical items, and others.

At present, there is a substantial increase in international trade due to the growing global population, continuously escalating demand for food and declining arable land area. This represents one of the significant factors strengthening the growth of the flexitanks market. Moreover, stringent guidelines set by governing agencies of numerous countries for the shipment of food-grade products, non-hazardous chemicals, and pharmaceutical materials are positively influencing the demand for flexitanks to facilitate high volume transportation with reduced costs. Apart from this, due to the rising environmental concerns, leading players are collaborating with other companies to develop flexitanks from recycled and renewable materials. They are also investing in research and development (R&D) projects to enhance yielding strength and durability of these products for safe transportation. This, in confluence with the growing popularity of imported alcoholic beverages, is anticipated to stimulate the market growth in the coming years.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global flexitanks market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.

Breakup by Product:

  • Single-Trip
  • Multi-Trip

Breakup by Application:

  • Food
  • Wine & Spirits
  • Chemicals
  • Oils
  • Pharmaceutical Goods
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Braid Logistics UK, Bulk Liquid Solutions (P) Ltd, Büscherhoff Packaging Solutions GmbH, Full-Pak, Hengxin Plastic Co. Ltd., JF Hillebrand GROUP AG, MY FlexiTank Industries Sdn Bhd, SIA Flexitanks Ltd., TRUST Flexitanks SL and Yunjet Plastic Packaging.

Key Questions Answered in This Report:

  • How has the global flexitanks market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global flexitanks market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global flexitanks market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Flexitanks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Single-Trip
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multi-Trip
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Food
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Wine & Spirits
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Chemicals
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Oils
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Pharmaceutical Goods
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Braid Logistics UK
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bulk Liquid Solutions (P) Ltd
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Büscherhoff Packaging Solutions GmbH
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Full-Pak
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Hengxin Plastic Co. Ltd.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 JF Hillebrand GROUP AG
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 MY FlexiTank Industries Sdn Bhd
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 SIA Flexitanks Ltd.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 TRUST Flexitanks SL
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Yunjet Plastic Packaging
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Flexitanks Market: Major Drivers and Challenges
Figure 2: Global: Flexitanks Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Flexitanks Market: Breakup by Product (in %), 2021
Figure 5: Global: Flexitanks Market: Breakup by Application (in %), 2021
Figure 6: Global: Flexitanks Market: Breakup by Region (in %), 2021
Figure 7: Global: Flexitanks (Single-Trip) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Flexitanks (Single-Trip) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Flexitanks (Multi-Trip) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Flexitanks (Multi-Trip) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Flexitanks (Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Flexitanks (Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Flexitanks (Wine & Spirits) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Flexitanks (Wine & Spirits) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Flexitanks (Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Flexitanks (Chemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Flexitanks (Oils) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Flexitanks (Oils) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Flexitanks (Pharmaceutical Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Flexitanks (Pharmaceutical Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Flexitanks (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Flexitanks (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North America: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North America: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: United States: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: United States: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Canada: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Canada: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Asia-Pacific: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Asia-Pacific: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: China: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: China: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Japan: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Japan: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: India: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: South Korea: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: South Korea: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Australia: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Australia: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Indonesia: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Indonesia: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Others: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Europe: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Europe: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Germany: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Germany: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: France: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: France: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: United Kingdom: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: United Kingdom: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Italy: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Italy: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Spain: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Spain: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Russia: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Russia: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Latin America: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Latin America: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Brazil: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Brazil: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Mexico: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Mexico: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Middle East and Africa: Flexitanks Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Middle East and Africa: Flexitanks Market: Breakup by Country (in %), 2021
Figure 71: Middle East and Africa: Flexitanks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Global: Flexitanks Industry: SWOT Analysis
Figure 73: Global: Flexitanks Industry: Value Chain Analysis
Figure 74: Global: Flexitanks Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Flexitanks Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Flexitanks Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Flexitanks Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Flexitanks Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Flexitanks Market: Competitive Structure
Table 6: Global: Flexitanks Market: Key Players

Companies Mentioned

  • Braid Logistics UK
  • Bulk Liquid Solutions (P) Ltd
  • Büscherhoff Packaging Solutions GmbH
  • Full-Pak
  • Hengxin Plastic Co. Ltd.
  • JF Hillebrand GROUP AG
  • MY FlexiTank Industries Sdn Bhd
  • SIA Flexitanks Ltd.
  • TRUST Flexitanks SL
  • Yunjet Plastic Packaging.

Methodology

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