The Flexitanks market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
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 food application segment accounted for the major shares of the flexitanks market. The increasing use of flexitanks to transport beer and wine, edible oils, food additives, glycerin, mineral water, fruit juice, and vegetable oils will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the flexitanks market throughout the forecast period. The increasing use of flexitanks for the transportation of agricultural production and rubber latex transportation will drive the growth of this market in the region.
As the report focuses on global Flexitanks market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Environmental Packaging Technologies
MY FlexiTank
Qingdao LAF Packaging
SIA Flexitanks
Trans Ocean Bulk Logistics
BeFlexi
BLT Flexitanks Industrial
Bulk Liquid Solutions
Mak & Williams Flexitanks Supply Limited
Rishi FIBC Solutions
Market Segment by Product Type:
Multilayer Flexitanks
Monolayer Flexitanks
Bilayer Flexitanks
Market Segment by Application:
Food Applications
Industrial Applications
Chemical Applications
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Flexitanks market for the forecast period 2020 - 2025?
• What are the driving forces in the Flexitanks market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Flexitanks industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?