Global Flexitank Market Estimations to show an Upward Growth Trend till 2028
Posted On April 21, 2022
Value Market Research's report on the global Flexitank market anticipates the market growth to show a positive trend during 2022-2028.The key factor driving the demand for flexitank market is growing trade of food grade liquids, non-hazardous chemicals and pharmaceutical liquids all over the globe. Lower cost associated with flexitank and their capacity to carry higher payload than IBCs and drums are further pushing the demand for this market. Moreover, increasing demand for packaged liquid products on account of the organized retail sector and substantial growth of the middle class population are expected to create several growth opportunities for this market over the forecast period. However, developing sustainability trends can restrain the growth of flexitank in the market.
Flexitank refers to the hermetically sealed, collapsible and flexible bags fitted into a standard container. They have numerous layers of polythene and a woven polythene for outer covering. They are widely used for transportation of non-hazardous liquids to different locations. flexitank usually have a capacity of 10000 liters to 24000 liters on average and can be customized according to the shipment requirements. They are convenient to handle, load or unload and require lesser labour. They offer safe and secure storage and shipment of liquid cargo in bulk as well as are cost effective. They are highly efficient and provide exceptional continuation prevention.
The report titled "Global Flexitank Market Report By Type (Monolayer, Multilayer), By Loading Type (Top Loading, Bottom Loading), By Application (Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, Pharmaceutical Liquids) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" starts with the market introduction, key market statistics, and ends with regional revenue/or volume analysis and competitor analysis. The report analyses the past years' trends and deeply studies the geopolitical trends, thus authenticating the research findings and making them more reliable.
Market segmentation is based on:
Type, the market is split into Monolayer, Multilayer.
Loading Type, the Flexitank market is split into Top Loading, Bottom Loading.
Application, the Flexitank market is split into Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, Pharmaceutical Liquids.
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.
Players Profiled In the Report:
Qingdao BLT Packing Industrial Co. Ltd. (BLT), Braid Logistics UK Ltd., Bulk Liquid Solutions Pvt. Ltd., Büscherhoff Packaging Solutions GmbH, Environmental Packaging Technologies Inc., Full-Pak, K Tank Supply Ltd., Mak & Williams Flexitank Supply Ltd., MY FlexiTank (MYF), KriCon Group BV, Qingdao LAF Packaging Co. Ltd., SIA FLEXITANKS, Yunjet Plastics Packaging, Trans Ocean Bulk Logistics Ltd., TRUST Flexitanks.
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