Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Flexitanks Market: By Product, By Type, By Loading Type, By Material, By Application, and Region Forecast 2019-2030
Flexitanks Market: By Product, By Type, By Loading Type, By Material, By Application, and Region Forecast 2019-2030
Flexitanks Market size was valued at US$ 890.3 million in 2023 and is projected to expand at a significant CAGR of 18.3% from 2024-2030. The global market refers to the industry involved in the manufacturing, distribution, and utilization of flexitanks. A flexitank is a large, flexible container designed to transport non-hazardous liquids in bulk. It is typically made of multiple layers of polyethylene or similar materials that provide strength, flexibility, and resistance to punctures. One of the key drivers of the global market is the increasing demand for cost-effective and efficient liquid collagen transportation solutions. Flexitanks offer several advantages over traditional shipping methods, such as reducing transportation costs, maximizing payload capacity, and enabling easy loading and unloading processes.
The growing need for secure and reliable transportation of liquids, including food-grade products, industrial chemicals, and agricultural liquids, further fuels market growth. Furthermore, the global market presents significant expansion opportunities. The rising global trade and the need for efficient logistics solutions have opened doors for flexitank manufacturers and service providers to cater to diverse industries and regions. The development of advanced flexitank designs, improved material technologies, and the adoption of eco-friendly and recyclable materials also contribute to the market's growth potential. The global market is driven by the demand for cost-effective liquid transportation solutions. With its advantages over traditional shipping methods, such as cost savings and ease of use, and the expanding global trade, the market offers ample opportunities for growth and innovation in the coming years.
Study Period
2024-2030Base Year
2023CAGR
18.30%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
Escalated demand for cost-effective and efficient liquid transportation solutions are expected to enhance the market share. Flexitanks offer significant advantages over traditional shipping methods, such as ISO tanks and drums. They allow for higher payload capacity, reducing transportation costs per unit volume. Flexitanks also provide easy loading and unloading processes, minimizing handling time and labor costs. Moreover, flexitanks eliminate the need for return shipments, reducing logistical complexities and expenses. As businesses seek more economical and efficient ways to transport non-hazardous liquids, the demand for flexitanks is growing, driving the expansion of the global flexitanks market.
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 890.3 million |
|
Market CAGR |
18.30% |
|
By Product |
|
|
By Type |
|
|
By Loading Type |
|
|
By Material |
|
|
By Application |
|
|
By Region |
|
Download Free Sample Report
The global flexitanks market size was valued at US$ 890.3 million in 2023 and is projected to grow at a CAGR of 18.3% from 2024-2030.
Flexitanks are suitable for transporting a wide range of non-hazardous liquids, such as food-grade products (edible oils, juices, wines), industrial chemicals, agricultural liquids (liquid fertilizers, agricultural oils), and pharmaceutical ingredients.
Flexitanks offer several advantages, including cost-effectiveness, higher payload capacity, easy loading and unloading processes, reduction in handling time and labor costs, and elimination of return shipments. They provide a safe and efficient solution for transporting non-hazardous liquids.
| 1.Executive Summary |
| 2.Global Flexitanks Market Introduction |
| 2.1.Global Flexitanks Market - Taxonomy |
| 2.2.Global Flexitanks Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Type |
| 2.2.3. By Application |
| 2.2.4. By Material |
| 2.2.5. By Loading Type |
| 2.2.6. By Region |
| 3.Global Flexitanks Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Flexitanks Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Flexitanks Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Monolayer |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Bi-layer |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Multilayer |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Flexitanks Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Single-Use |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Reusable |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Flexitanks Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Food Grade Liquids |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Non-Hazardous Chemicals |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial Liquids |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Agricultural Liquids |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Flexitanks Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Polyethylene |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Polypropylene |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Others |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Flexitanks Market By Loading Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Top Loading |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Bottom Loading |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 10.Global Flexitanks Market By Region, 2019- 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. North America |
| 10.1.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.1.3. Market Opportunity Analysis |
| 10.2. Europe |
| 10.2.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.2.3. Market Opportunity Analysis |
| 10.3. Asia Pacific (APAC) |
| 10.3.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.3.3. Market Opportunity Analysis |
| 10.4. Middle East and Africa (MEA) |
| 10.4.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.4.3. Market Opportunity Analysis |
| 10.5. Latin America |
| 10.5.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.5.3. Market Opportunity Analysis |
| 11.North America Flexitanks Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Monolayer |
| 11.1.2.Bi-layer |
| 11.1.3.Multilayer |
| 11.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Single-Use |
| 11.2.2.Reusable |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Food Grade Liquids |
| 11.3.2.Non-Hazardous Chemicals |
| 11.3.3.Industrial Liquids |
| 11.3.4.Agricultural Liquids |
| 11.3.5.Others |
| 11.4. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Polyethylene |
| 11.4.2.Polypropylene |
| 11.4.3.Others |
| 11.5. Loading Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Top Loading |
| 11.5.2.Bottom Loading |
| 11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.6.1.United States of America (USA) |
| 11.6.2.Canada |
| 12.Europe Flexitanks Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Monolayer |
| 12.1.2.Bi-layer |
| 12.1.3.Multilayer |
| 12.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Single-Use |
| 12.2.2.Reusable |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Food Grade Liquids |
| 12.3.2.Non-Hazardous Chemicals |
| 12.3.3.Industrial Liquids |
| 12.3.4.Agricultural Liquids |
| 12.3.5.Others |
| 12.4. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Polyethylene |
| 12.4.2.Polypropylene |
| 12.4.3.Others |
| 12.5. Loading Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.Top Loading |
| 12.5.2.Bottom Loading |
| 12.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.6.1.Germany |
| 12.6.2.France |
| 12.6.3.Italy |
| 12.6.4.United Kingdom (UK) |
| 12.6.5.Spain |
| 13.Asia Pacific (APAC) Flexitanks Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Monolayer |
| 13.1.2.Bi-layer |
| 13.1.3.Multilayer |
| 13.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Single-Use |
| 13.2.2.Reusable |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Food Grade Liquids |
| 13.3.2.Non-Hazardous Chemicals |
| 13.3.3.Industrial Liquids |
| 13.3.4.Agricultural Liquids |
| 13.3.5.Others |
| 13.4. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Polyethylene |
| 13.4.2.Polypropylene |
| 13.4.3.Others |
| 13.5. Loading Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.Top Loading |
| 13.5.2.Bottom Loading |
| 13.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.6.1.China |
| 13.6.2.India |
| 13.6.3.Australia and New Zealand (ANZ) |
| 13.6.4.Japan |
| 13.6.5.Rest of APAC |
| 14.Middle East and Africa (MEA) Flexitanks Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Monolayer |
| 14.1.2.Bi-layer |
| 14.1.3.Multilayer |
| 14.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Single-Use |
| 14.2.2.Reusable |
| 14.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Food Grade Liquids |
| 14.3.2.Non-Hazardous Chemicals |
| 14.3.3.Industrial Liquids |
| 14.3.4.Agricultural Liquids |
| 14.3.5.Others |
| 14.4. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Polyethylene |
| 14.4.2.Polypropylene |
| 14.4.3.Others |
| 14.5. Loading Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Top Loading |
| 14.5.2.Bottom Loading |
| 14.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.6.1.GCC Countries |
| 14.6.2.South Africa |
| 14.6.3.Rest of MEA |
| 15.Latin America Flexitanks Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 15.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.1.1.Monolayer |
| 15.1.2.Bi-layer |
| 15.1.3.Multilayer |
| 15.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.2.1.Single-Use |
| 15.2.2.Reusable |
| 15.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.3.1.Food Grade Liquids |
| 15.3.2.Non-Hazardous Chemicals |
| 15.3.3.Industrial Liquids |
| 15.3.4.Agricultural Liquids |
| 15.3.5.Others |
| 15.4. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.4.1.Polyethylene |
| 15.4.2.Polypropylene |
| 15.4.3.Others |
| 15.5. Loading Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.5.1.Top Loading |
| 15.5.2.Bottom Loading |
| 15.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.6.1.Brazil |
| 15.6.2.Mexico |
| 15.6.3.Rest of LA |
| 16. Competition Landscape |
| 16.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 16.2.1.Qingdao BLT Packing Industrial Co., Ltd. (BLT) |
| 16.2.2.Braid Logistics UK Ltd. |
| 16.2.3.Bulk Liquid Solutions Pvt. Ltd. |
| 16.2.4.Büscherhoff Packaging Solutions GmbH |
| 16.2.5.Environmental Packaging Technologies, Inc. |
| 16.2.6.K Tank Supply Ltd. |
| 16.2.7.Mak & Williams Flexitank Supply Ltd. |
| 16.2.8.MY FlexiTank (MYF) |
| 16.2.9.KriCon Group BV. |
| 17. Research Methodology |
| 18. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.