Flexitanks Market Size is estimated to grow at a CAGR of 6.8% during the forecast period


Posted August 29, 2023 by Jameslin

Due to the benefits it provides in terms of cost, convenience, and environmental effect, the flexitanks market has been expanding steadily.

 
Due to the benefits it provides in terms of cost, convenience, and environmental effect, the flexitanks market has been expanding steadily. The latest trends and changes in the flexitanks market, however, must be found in current sources and industry studies because the market can change quickly.
The industry that deals with the creation, exploitation, and use of flexitanks is known as the flexitanks market. Flexitanks are big, flexible containers or bags that are used to convey non-hazardous liquids in bulk, primarily chemicals, medicines, industrial fluids, and food-grade items. The flexitanks market is examined in this article, along with information on market segmentation, key players, and regional analysis.

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Growth Drivers
Cost-Effectiveness: When compared to conventional rigid containers or ISO tanks, Flexitanks provide a more affordable option for the transportation of bulk liquids. Flexitanks are a desirable option for companies trying to minimize their logistics costs due to its less weight and space-saving design.
Flexitanks are disposable and are simple to discard after use, removing the need to return empty containers, which lowers return freight costs and streamlines logistical operations.
Regulatory Compliance and Safety: Reputable flexitank producers make sure that their products adhere to safety rules and industry standards, giving businesses assurance that liquids will be transported securely.
Market Segmentation
The flexitanks market is segmented based on material type, liquid type, capacity, end-user, and region.
By Material Type:
· Polyethylene (PE) Flexitanks
· Polypropylene (PP) Flexitanks
By Liquid Type:
· Food-Grade Flexitanks
· Chemical Flexitanks
· Pharmaceutical Flexitanks
By Capacity:
· 10,000 liters to 24,000 liters
By End-Use Industry:
· Food and Beverage Industry
· Chemical Industry
· Pharmaceutical Industry
By Mode of Transportation:
· Ocean Transport
· Road Transport
By Geographical Region:
· North America
· Europe
· Asia-Pacific
· Latin America
· Middle East and Africa
Key Players
· Braid Logistics
· Qingdao LAF Packaging Co., Ltd.
· SIA Flexitanks
· Bulk Liquid Solutions
· Environmental Packaging Technologies (EPT) Ltd.
· Trans Ocean Bulk Logistics Ltd.
· BBL Logistics
· Krishna Allied Industries Private Limited
· SIA Flexitanks Pty Ltd
· Global Flexitanks
· Others

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Issued By James
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Categories Construction , Miscellaneous , News
Tags flexitanks market , flexitanks market size , flexitanks market share , flexitanks market news
Last Updated August 29, 2023