DUBLIN, December 07, 2021--(BUSINESS WIRE)--The "Flexitanks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global flexitanks market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of 18.5% during 2021-2026.
Braid Logistics UK
Bulk Liquid Solutions (P) Ltd
Buscherhoff Packaging Solutions GmbH
Hengxin Plastic Co. Ltd.
Yunjet Plastic Packaging.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Flexitanks are storage pouches or bags that assist in the bulk transportation of non-hazardous liquids in a dry shipping container. They are made using multiple layers of polyethylene, lined with corrugated paper or cardboard, and covered using woven polypropylene. They are thin, safe, and cost-effective and offer high operational efficiency and protection against contamination compared to intermodal containers.
Consequently, they are widely used for shipping oils, beer, wine, molasses, beverages, fruit concentrates, and egg products. They can also be utilized to export water, latex, glycerin, biodiesel, chemicals, pharmaceutical items, and others.
At present, there is a substantial increase in international trade due to the growing global population, continuously escalating demand for food and declining arable land area. This represents one of the significant factors strengthening the growth of the flexitanks market.
Moreover, stringent guidelines set by governing agencies of numerous countries for the shipment of food-grade products, non-hazardous chemicals, and pharmaceutical materials are positively influencing the demand for flexitanks to facilitate high volume transportation with reduced costs. Apart from this, due to the rising environmental concerns, leading players are collaborating with other companies to develop flexitanks from recycled and renewable materials. They are also investing in research and development (R&D) projects to enhance yielding strength and durability of these products for safe transportation. This, in confluence with the growing popularity of imported alcoholic beverages, is anticipated to stimulate the market growth in the coming years.
Key Questions Answered in This Report:
How has the global flexitanks market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global flexitanks market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global flexitanks market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Flexitanks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/9kao6r
View source version on businesswire.com: https://www.businesswire.com/news/home/20211207005652/en/
Laura Wood, Senior Press Manager
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