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

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

“Competitive advantages over other alternatives”
The flexitank market is estimated to be USD 366 million in 2018 and is projected to reach USD 912 million by 2023, at a CAGR of 20.0%. The majority of flexitanks are consumed in the food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids applications. Increase in the demand for flexitanks around the globe is primarily driven because of the economic benefits of flexitanks. These include environment-friendly nature, requirement of lesser time and efforts in filling and discharging these tanks, and compatibility with a large number of industrially viable fluids along with reducing risk of cross-contamination of liquids. These tanks are also less expensive as compared to ISO tanks and drums. It saves around 50.0% on packaging cost and can transport 10.0% more cargo than ISO tanks and 30.0% more cargo than drums. Also, as they are single use bags, so there is no issue of its maintenance cost, whereas ISO tanks and drums require proper cleaning after each shipment. Thus, flexitanks are capturing a competitive edge over other alternatives which is favorable for its market growth.

“The food-grade liquids application segment accounted for the largest market share.”
The foodgrade liquids segment dominates the flexitank market and is expected to register the highest CAGR during the forecast period. Growth in the adoption of flexitanks for food-grade liquids transportation is expected to drive the demand for flexitanks. Edible oils and apple juice are largely exported from the APAC region. Orange juice, wine, and juice concentrates are exported in large quantity from North America, South America, and Europe. Compared to these, food grade liquids and non-hazardous chemicals are traded or exported in less quantity from Europe and North America. This scenario creates the demand for flexitanks from food-grade liquids application segment.

“APAC is the largest and projected to be the fastest-growing flexitank market.”
APAC is estimated to account for the largest share of the flexitanks market in 2018, owing to the growing production of edible oils, latex, pharmaceutical liquids across the region. APAC is the largest producer and exporter of palm oil and other edible oils. Also, APAC countries such as Thailand, Malaysia, Indonesia, Myanmar, and Singapore are the largest producer and exporter of latex. Together these countries export more than 75.0% of latex. This scenario across the region is favorable for the growth of the flexitank market during the forecast period.

Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and sub-segments of the flexitank market gathered through secondary research.

The breakdown of primary interviews has been given below.
By Company Type: Tier 1 – 46%, Tier 2 – 31%, and Tier 3 – 23%
By Designation: C Level Executives – 31%, Director Level – 15%, Others – 54%
By Region: North America – 15%, Europe – 23%, APAC – 39%, South America – 8%, Middle East & Africa -- 15%

The key companies profiled in this report include Braid Logistics (Scotland), Bulk Liquid Solutions (India), Environmental Packaging Technologies (US), SIA Flexitanks (Ireland), Trans Ocean Bulk Logistics (US), Qingdao LAF Packaging (China), Hengxin Plastic (China), Qingdao Global Flexitank Logistics (China), Trust Flexitanks (Spain), and Rishi FIBC (India).

Research Coverage
The flexitank market has been segmented based on type, loading type, application, and region. This report covers the flexitank market and forecasts its market size till 2023. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the flexitank market. The report also provides insights into the driving and restraining factors in the flexitank market along with opportunities and challenges across these industries. The report also includes profiles for top manufacturers in the flexitank market.

Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the flexitank market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the flexitank market and provide information on key market drivers, restraints, challenges, and opportunities influencing the growth of the market.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the flexitank market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies such as new product launch and expansion.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
    • LIMITATIONS
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE FLEXITANK MARKET
    • FLEXITANK MARKET, BY TYPE
    • FLEXITANK MARKET, BY LOADING TYPE
    • FLEXITANK MARKET, BY APPLICATION
    • APAC FLEXITANK MARKET, BY APPLICATION AND COUNTRY
    • FLEXITANK MARKET, BY KEY COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • CERTIFICATION AND APPROVALS
      • LOADING REGULATIONS
    • MACROECONOMIC INDICATORS
      • INTRODUCTION
      • REAL GDP GROWTH RATE AND PER CAPITA GDP OF MAJOR ECONOMIES
        • Table ANNUAL PERCENT CHANGE OF REAL GDP GROWTH RATES FROM 2016 TO 2023
        • Table TRENDS AND FORECAST OF GDP PER CAPITA, BY COUNTRY, 2016–2020 (USD)
      • GLOBAL WINE PRODUCTION
  • FLEXITANK MARKET, BY TYPE
    • INTRODUCTION
      • Table FLEXITANK MARKET SIZE, BY TYPE, 2016–2023 (UNITS)
      • Table FLEXITANK MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • MONOLAYER FLEXITANKS
      • FOOD-GRADE LIQUIDS DRIVE THE MONOLAYER FLEXITANK MARKET
    • MUTILAYER FLEXITANKS
      • MULTILAYER TYPE IS THE FASTEST-GROWING SEGMENT
  • FLEXITANK MARKET, BY LOADING TYPE
    • INTRODUCTION
      • Table FLEXITANK MARKET SIZE, BY LOADING TYPE, 2016–2013 (UNITS)
      • Table FLEXITANK MARKET SIZE, BY LOADING TYPE, 2016–2013 (USD MILLION)
    • TOP LOADING FLEXITANKS
      • TOP LOADING FLEXITANKS HAVE HIGHER DEMAND IN EUROPE
    • BOTTOM LOADING FLEXITANKS
      • BOTTOM LOADING FLEXITANK TYPE IS THE FASTER-GROWING SEGMENT
  • FLEXITANK MARKET, BY APPLICATION
    • INTRODUCTION
      • Table FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • FOOD-GRADE LIQUIDS
      • WINE, SPIRITS, AND ALCOHOLIC BEVERAGES
      • EDIBLE OILS
      • JUICE, JUICE CONCENTRATES, AND SYRUPS
      • OTHERS
    • NON-HAZARDOUS CHEMICALS/LIQUIDS
      • NON-HAZARDOUS CHEMICALS/LIQUIDS SEGMENT IS THE SECONDLARGEST APPLICATION OF FLEXITANKS
    • PHARMACEUTICAL LIQUIDS
      • EUROPEAN COUNTRIES ARE THE LARGEST EXPORTERS OF PHARMACEUTICAL LIQUIDS
  • FLEXITANK MARKET, BY REGION
    • INTRODUCTION
      • Table FLEXITANK MARKET SIZE, BY REGION, 2016–2023 (UNITS)
      • Table FLEXITANK MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • APAC
      • Table APAC: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (UNITS)
      • Table APAC: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table APAC: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table APAC: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • CHINA
        • Table CHINA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table CHINA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table JAPAN: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table MALAYSIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table INDONESIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table SOUTH KOREA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • INDIA
        • Table INDIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table INDIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table REST OF APAC: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (UNITS)
      • Table EUROPE: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table EUROPE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table GERMANY: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table FRANCE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • ITALY
        • Table ITALY: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table ITALY: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • UK
        • Table UK: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table UK: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • SPAIN
        • Table SPAIN: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table SPAIN: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table REST OF EUROPE: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (UNITS)
      • Table NORTH AMERICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table NORTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • US
        • Table US: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table US: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table MEXICO: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • CANADA
        • Table CANADA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table CANADA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (UNITS)
      • Table MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table SAUDI ARABIA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table REST OF THE MIDDLE EAST & AFRICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (UNITS)
      • Table SOUTH AMERICA: FLEXITANK MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table SOUTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
      • Table SOUTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table BRAZIL: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (UNITS)
        • Table REST OF SOUTH AMERICA: FLEXITANK MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2015–2018
      • EXPANSION
        • Table EXPANSION, 2015–2018
  • COMPANY PROFILE
    • BRAID LOGISTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BULK LIQUID SOLUTIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • ENVIRONMENTAL PACKAGING TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SIA FLEXITANKS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TRANS OCEAN BULK LOGISTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • QINGDAO LAF PACKAGING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • HENGXIN PLASTIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • QINGDAO GLOBAL FLEXITANK LOGISTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • TRUST FLEXITANKS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RISHI FIBC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER COMPANIES
      • PROAGRI SOLUTIONS
      • ANTHENTE INTERNATIONAL
      • MYFLEXITANK
      • FULL-PAK
      • ANDESOCEAN
      • HINRICH INDUSTRIES
      • BORNIT LTD.
      • NEOFLEX
      • LIQUA
      • UWL FLEXITANKS
      • FLEXPACK
      • M&W FLEXITANK
      • YUNJET PLASTIC PACKAGING
      • SUN FLEXITANKS
      • ONE FLEXITANK
      • BÜSCHERHOFF PACKAGING SOLUTIONS
      • QINGDAO BLT PACKING INDUSTRIAL
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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