PUBLISHER: Lucintel | PRODUCT CODE: 1417568
PUBLISHER: Lucintel | PRODUCT CODE: 1417568
Flexitank Trends and Forecast
The future of the global flexitank market looks promising with opportunities in the food-grade liquids, non-hazardous chemicals/liquids, and pharmaceutical liquids markets. The global flexitank market is expected to grow with a CAGR of 20.4% from 2024 to 2030. The major drivers for this market are growing trade of wine globally, competitive advantages over other alternatives, and government attempts to integrate green logistics methods and transportable setups.
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Flexitank by Segment
The study includes a forecast for the global flexitank by type, loading type, application, and region.
List of Flexitank Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies flexitank companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flexitank companies profiled in this report include-
Flexitank Market Insights
Lucintel forecasts that multilayer is expected to witness the highest growth over the forecast period due to its durability and strength.
Within this market, food-grade liquids will remain the largest segment due to food grade liquids like juice, juice concentrates, wine, animal oils, edible oils, glucose, glycerin, jam, malt extract, sauces, sorbitol, vinegar, water, and sugar syrup are traded in bulk quantities globally.
APAC is expected to witness highest growth over the forecast period due to the presence of this big wine exporting industry across the region is favorable for the demand for flexitanks.
Features of the Global Flexitank Market
Market Size Estimates: Flexitank market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Flexitank market size by type, loading type, application, and region in terms of value ($B).
Regional Analysis: Flexitank market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, loading type, application, and regions for the flexitank market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the flexitank market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for flexitank market?
Answer: The global flexitank market is expected to grow with a CAGR of 20.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the flexitank market?
Answer: The major drivers for this market are growing trade of wine globally, competitive advantages over other alternatives, and government attempts to integrate green logistics methods and transportable setups.
Q3. What are the major segments for flexitank market?
Answer: The future of the flexitank market looks promising with opportunities in the food-grade liquids, non-hazardous chemicals/liquids, and pharmaceutical liquids markets.
Q4. Who are the key flexitank market companies?
Answer: Some of the key flexitank companies are as follows.
Q5. Which flexitank market segment will be the largest in future?
Answer: Lucintel forecasts that multilayer is expected to witness the highest growth over the forecast period due to its durability and strength.
Q6. In flexitank market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the presence of this big wine exporting industry across the region is favorable for the demand for flexitanks.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.