Flexitank Market: Overview
Flexitank market projected to grow at a significant rate during the forecast
period 2019-2025. Flexitanks are bags used to transport large quantities of
liquids in a container, usually engaged for transportation of non-hazardous
liquids like wine, fruit juices, edible oils, industrial liquids, sweeteners,
agricultural liquids, etc. Rising demand for flexible storages backed by
increasing concerns about the portability of fluids are the major factors
propelling the industry growth. Additionally, competitive benefits over other
traditional substitutes boost the flexitank market. Significant demand for
foodstuffs and oil, together with increasing consumer awareness concerning the
benefits of flexitanks is anticipated to attract a new customer base.
Growing global trade of
food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids is the
primary driver for the flexitanks market. Competitive benefits like
foldability, cost-effectiveness, portability along with ease of set up are
expected to boost the demand for flexitanks market during the forecast period.
Government investments, along with the incorporation of green logistics
practices, is expected to drive demand for the industry.
October 2018, Braid Logistics extended its global
network in Asia Pacific region with the establishment of Braid Japan Co., Ltd.
(Japan). This expansion will enable the company to cater to the Japanese export
market and expand its footprints across the APAC market.
June 2017, Environmental Packaging Technologies (EPT) launched a
new flexitank under brand name LIQUIRIDE, especially for refrigerated shipping
November 2016, Braid Logistics innovated Braid Agi-tank,
which is ideal for liquids with high solid contents like pepper mesh, fruit
pulp, grape mash, olives, and fish slurries.
Flexitank Market: Type Insights
the basis of type, the global flexitank market is segmented into Monolayer and
Multilayer. Multilayer segment dominated the flexitank market and projected to
maintain its dominance over the forecast period 2019-2025 owing to their low
cost and numerous benefits. These benefits are its sturdiness and strength,
which are highly vital when flexitanks are transported through old containers.
Additionally, flexitanks with multiple layers protect the cargo from getting
contaminated. Removal of intermediate bulk storage coupled with low handling
and filling costs are projected to drive industry growth over the forecast
Flexitank Market: Loading Type Analysis
on the loading type, the flexitank market bifurcated into Bottom Loading and
Top Loading. Bottom loading is the fastest-growing segment of the entire market.
Bottom load/bottom discharge flexitanks require less labor cost and fewer work
hours compared to top load configurations, due to this the demand for the
bottom loading flexitanks is expected to increase during the forecast period.
Earlier, top-loading flexitanks had high demand, especially in Europe, for
food-grade liquids and non-hazardous chemicals/liquids transportation. But due
to difficulties in loading and unloading process, bottom loading flexitanks
projected to drive the market.
Flexitank Market: Application Insights
application segment of the global flexitank market categorized into Food-Grade
Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceutical Liquids. Among
them, Food-Grade Liquids application holds the largest market share during the
forecast period 2019-2025. Food grade liquids include juice, wine, animal oils,
edible oils, glucose, glycerin, jam, malt extract, sauces, sorbitol, vinegar,
water, etc. These liquids traded across all the regions. For instance, edible
oils and apple juice are exported majorly from the Asia Pacific region. Fruit
juice, juice concentrate, and wine dispatched from North America, South
America, and Europe. The chemicals segment hold the second largest market share
in 2017. Bulk chemical transportation conventionally done through ISO tanks and
Flexitank Market: Regional Analysis
the flexitank market analyzed across North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America. The Asia Pacific is projected to
remain the largest market due to rapid industrialization and commodity export
from countries such as Thailand, Malaysia, Indonesia, India, China, and
Vietnam. Owing to the growing production of food-grade liquids like edible
oils, juice, and juice concentrates, and other food-grade liquids are driving
the market growth. The development across chemical production, particularly
from China and Japan, is projected to boost the demand for flexitanks.
of the Study:
To analyze and forecast market size of the
global flexitank market in terms of value and volume
To examine the careful market segmentation
and forecast the market size, in terms value, on the basis of region by
segmenting flexitank market into five regions, namely, North America, Europe,
Asia Pacific, Middle East & Africa, Latin America and their leading
To outline, categorized and forecast the
global flexitank market on the basis of type, loading time and application.
To examine competitive developments like
technological advancement, services, and regulative framework within the global
To highlight the impact analysis of the
factors, affecting the market dynamics such as drivers, restraints,
opportunities, and challenges.
To strategically profile the key players
and comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.
Flexitank Market: Competitive Landscape
Companies such as Braid Logistics, Bulk Liquid
Solutions, Environmental Packaging Technologies, SIA Flexitanks, Trans Ocean
Bulk Logistics, Qingdao Laf Packaging, Hengxin Plastic, Qingdao Global
Flexitank Logistics, Trust Flexitanks, and Rishi FIBC are the leading players
of flexitank market across the globe.
Market research and consulting firms
Research organizations and consulting
Organizations, associations and alliances
related to flexitank market
of the Report
addition, the report provides analysis of the flexitank market with respect to
the following geographic segments and their high performing regions:
Rest of Europe
Rest of APAC
Rest of Latin America
Rest of MEA
Business Questions answer by the
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with detailed classification
Which segment dominates the market or
region and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Scope for the Client
Client satisfaction is our first and last priority. And
that’s why BlueWeave Consulting offers customization according to Company’s
specific needs. The following customization options are available for the
With five additional company detail
Additional country analysis.
Detailed segment analysis.