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Global Flexitanks Market 2017-2021

Global Flexitanks Market 2017-2021

About Flexitanks

Flexitank is a bag used to transport non-hazardous and non-viscous (less than 1.6 specific gravity) bulk liquid cargos through ordinary 20 ft containers. Flexitanks are made up of a single layer or multilayer polyethylene or polyvinyl chloride. They can hold around 11,000-25,000 liters of liquid substances, such as industrial oils, food stuffs, and non-hazardous chemical liquids. The container that carries the filled flexitanks should have a gross weight of around 28-32 metric ton and age of five years or below. The loading and unloading of flexitanks take place with the help of a pump and usually take 15-30 minutes depending on the size of the cargo and the pump. All flexitanks should be filled more than 96% of their capacity to avoid the risks caused by the hydraulic surging of liquid substances.

Technavio’s analysts forecast the global flexitanks market to grow at a CAGR of 15.63% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global flexitanks market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of flexitanks.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Flexitanks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Environmental Packaging Technologies
  • MY FlexiTank
  • Qingdao LAF Packaging
  • SIA Flexitants
  • Trans Ocean Bulk Logistics
Other prominent vendors
  • BeFlexi
  • BLT Flexitanks Industrial
  • Bulk Liquid Solutions
  • Mak & Williams Flexitanks Supply Limited
  • Rishi FIBC Solutions
Market driver
  • Growing demand for edible oil in Asian countries
  • For a full, detailed list, view our report
Market challenge
  • High investment
  • For a full, detailed list, view our report
Market trend
  • Innovation in flexitanks
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Flexitanks Market 2017-2021

Technavio recognizes the following companies as the key players in the global flexitanks market: Environmental Packaging Technologies, MY FlexiTank, Qingdao LAF Packaging, SIA Flexitants, and Trans Ocean Bulk Logistics

Other Prominent Vendors in the market are: BeFlexi, BLT Flexitanks Industrial, Bulk Liquid Solutions, Mak & Williams Flexitanks Supply Limited, and Rishi FIBC Solutions.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Innovation in flexitanks. By understanding the market demand for flexitanks, many research organizations and vendors are analyzing to expand the applications of flexitanks. In simple terms, the increased market opportunities are bringing innovation to the global flexitanks market.”

According to the report, one of the major drivers for this market is Growing demand for edible oil in Asian countries. More than half of the global edible oil demand comes from Southeast Asia. Sunflower oil, peanut oil, coconut oil, soybean oil, and palm oil are types of edible oils that witness high demand from the consumers. The food consumption patterns, along with the rising population are major factors leading to the growth of the edible oil market in this region.

Further, the report states that one of the major factors hindering the growth of this market is High investment. The initial investment required for setting up a flexitanks manufacturing unit is quite high. In addition to the equipment, the periodic raw material purchasing cost will also affect the operational flow of the flexitanks manufacturers.

Companies Mentioned

Environmental Packaging Technologies, MY FlexiTank, Qingdao LAF Packaging, SIA Flexitants, Trans Ocean Bulk Logistics, BeFlexi, BLT Flexitanks Industrial, Bulk Liquid Solutions, Mak & Williams Flexitanks Supply Limited, and Rishi FIBC Solutions.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Comparison of flexitanks with substitutes in 20 ft containers based on different parameters
  • Market landscape
    • Market overview
      • Table Global flexitanks market overview
    • Market size and forecast
      • Table Global flexitanks market in volume 2016-2021 (million TEU)
      • Table Global flexitanks market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation of global flexitanks market by application
      • Table Segmentation of global flexitanks market by application 2016 (% volume)
      • Table Segmentation of global flexitanks market by application 2021 (% volume)
    • Global flexitanks market by food applications
      • Table Global flexitanks market by food applications 2016-2021 (million TEU)
    • Global flexitanks market by industrial applications
      • Table Global flexitanks market by industrial applications 2016-2021 (million TEU)
    • Global flexitanks market by chemical applications
      • Table Global flexitanks market by chemical applications 2016-2021 (million TEU)
    • Global flexitanks market by other applications
      • Table Global flexitanks market by chemical applications 2016-2021 (million TEU)
  • Regional landscape
    • Geographical segmentation
      • Table Geographical segmentation and market share of each region 2016-2021 (% volume)
    • Regional comparison
      • Table Regional comparison
    • APAC - market size and forecast
      • Table APAC - market size and forecast in volume 2016-2021 (million TEU)
      • Table APAC - Year-over-year growth 2017-2021
      • Table Top 3 countries in APAC
    • Americas - market size and forecast
      • Table Americas- market size and forecast in volume 2016-2021 (million TEU)
      • Table Americas - Year-over-year growth 2017-2021
      • Table Top 3 countries in Americas
    • EMEA - market size and forecast
      • Table EMEA- market size and forecast in volume 2016-2021 (million TEU)
      • Table EMEA - Year-over-year growth 2017-2021
      • Table Top 3 countries in EMEA
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Amount of wine production and consumption in key European countries 2015 (liters)
    • Market challenges
      • Table Machinery and raw material requirements for flexitanks manufacturing
  • Market trends
    • Innovation in flexitanks
    • Increasing flexitanks demand for transporting bitumen
    • Possibility of using flexitanks in soft drink transportation
  • Vendor landscape
    • Competitive scenario
    • Environmental Packaging Technologies
      • Table Environmental Packaging Technologies: Product offering
      • Table Environmental Packaging Technologies: Key developments
    • MY FlexiTank
      • Table MY FlexiTank: Product offerings
      • Table MY Flexitank: Key achievements
    • Qingdao LAF Packaging
      • Table Qingdao LAF Packaging: Product offerings
      • Table Qingdao LAF Packaging: Key achievements
    • SIA Flexitanks
      • Table SIA Flexitank: Product offerings
      • Table SIA Flexitanks: Key development
    • Trans Ocean Bulk Logistics
      • Table Trans Ocean Bulk Logistics: Service offerings
      • Table Trans Ocean Bulk Logistics: Key facts
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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