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

09-18-2024 02:17 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

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

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.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

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

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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.

๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ ๐€๐๐จ๐ฉ๐ญ๐ž๐ ๐›๐ฒ ๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

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:

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

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:

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

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

๐‚๐จ๐ฌ๐ญ-๐„๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ฏ๐ž๐ง๐ž๐ฌ๐ฌ:

โ€ข 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.

๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ฅ๐ค ๐‹๐ข๐ช๐ฎ๐ข๐ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ:

โ€ข 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.

๐…๐ฅ๐ž๐ฑ๐ข๐ญ๐š๐ง๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข Single trip segment held the largest share, owing to wide availability of single trip products

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

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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:

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

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

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.

๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavour to deliver value-added business solutions to PMR's customers.

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More Releases for Flexitank

Flexitank Market by Trends, Opportunities, Drivers, Challenges & Forecast to 202 โ€ฆ
The first class Flexitank Market research report makes available data on patterns, improvements, target business sectors, materials, limits, and advancements. It is a professional and a comprehensive report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. All the industry insights included in this global market report will lead to actionable ideas and better decision-making. Clients can surely rely on the information provided in this reportโ€ฆ
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 โ€œGlobal Flexitank Market - Forecast to 2026โ€ 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);โ€ฆ
Global Flexitank Market By Product ,Type, Application Future Forecast
Global Flexitank Market By Product (Monolayer, Bi-layer, Multilayer), Type (Single Use, Reusable), Loading Type (Top Loading, Bottom Loading), Material (Polyethylene, Polypropylene, Others), Application (Food Grade Liquids, Non-Hazardous Chemicals, Industrial Liquids, Agricultural Liquids, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Restโ€ฆ
Flexitank Market by sizep Brands, Trends and Demand size 2026
According to Stratistics MRC, the Global Flexi Tank is accounted for $307.54 million in 2017 and is expected to reach $1,709.91 million by 2026 growing at a CAGR of 21.0% during the forecast period. Growth in the global trade of food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids is the major driver for the flexi tanks market. However, the absence of repositioning costs, low labour and load costs are some ofโ€ฆ
How Bulk Container Packaging Market Growing Rapidly...? Top Manufacturers BLT Fl โ€ฆ
A recent report added by Global Market Insights, Inc., on ' Bulk Container Packaging Market ' provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business. Increasing edible oil export from SEA, particularly Malaysia and Indonesia, is oneโ€ฆ
Flexitank Market worth $912 million by 2023 | Key Players include Braid Logistic โ€ฆ
According to recent market research "Flexitank Market by Type (Monolayer and Multilayer), Loading Type (Bottom Loading and Top Loading), Application (Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceutical Liquids), and Region - Global Forecast to 2023", The flexitank market is projected to grow from USD 366 million in 2018 to USD 912 million by 2023, at a CAGR of 20.0% during the forecast period. The growth of the flexitanks market can beโ€ฆ