Market Overview:
The global flexitanks market exhibited strong growth during 2015-2020. 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 industrial products.
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. Looking forward, IMARC Group expects the global flexitanks market to grow at a CAGR of around 18% during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global flexitanks market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
Breakup by Product:
Breakup by Application:
- Food
- Wine & Spirits
- Chemicals
- Oils
- Industrial Products
- Pharmaceutical Goods
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Braid Logistics UK, Bulk Liquid Solutions (P) Ltd, Büscherhoff Packaging Solutions GmbH, Full-Pak, Hengxin Plastic Co. Ltd., JF Hillebrand, MY FlexiTank, SIA Flexitanks, TRUST Flexitanks and Yunjet Plastic Packaging.
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?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
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
6.1 Single-Trip
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multi-Trip
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Food
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Wine and Spirits
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Chemicals
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Oils
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Industrial Products
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Pharmaceutical Goods
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Braid Logistics UK
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bulk Liquid Solutions (P) Ltd
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Büscherhoff Packaging Solutions GmbH
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Full-Pak
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Hengxin Plastic Co. Ltd.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 JF Hillebrand
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 MY FlexiTank
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 SIA Flexitanks
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 TRUST Flexitanks
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Yunjet Plastic Packaging
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Flexitanks Market: Major Drivers and Challenges
Figure 2: Global: Flexitanks Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Flexitanks Market: Breakup by Product (in %), 2020
Figure 5: Global: Flexitanks Market: Breakup by Application (in %), 2020
Figure 6: Global: Flexitanks Market: Breakup by Region (in %), 2020
Figure 7: Global: Flexitanks (Single-Trip) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Flexitanks (Single-Trip) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Flexitanks (Multi-Trip) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Flexitanks (Multi-Trip) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Flexitanks (Food) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Flexitanks (Food) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Flexitanks (Wine & Spirits) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Flexitanks (Wine & Spirits) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Flexitanks (Chemicals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Flexitanks (Chemicals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Flexitanks (Oils) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Flexitanks (Oils) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Flexitanks (Industrial Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Flexitanks (Industrial Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Flexitanks (Pharmaceutical Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Flexitanks (Pharmaceutical Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: North America: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: North America: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Canada: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Canada: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia-Pacific: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia-Pacific: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: China: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: China: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Japan: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Japan: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: India: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: India: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: South Korea: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: South Korea: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Australia: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Australia: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Indonesia: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Indonesia: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Others: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Europe: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Europe: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Germany: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Germany: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: France: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: France: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: United Kingdom: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: United Kingdom: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Italy: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Italy: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Spain: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Spain: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Russia: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Russia: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Latin America: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Latin America: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Brazil: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Brazil: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Mexico: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Mexico: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Middle East and Africa: Flexitanks Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Middle East and Africa: Flexitanks Market: Breakup by Country (in %), 2020
Figure 71: Middle East and Africa: Flexitanks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Global: Flexitanks Industry: SWOT Analysis
Figure 73: Global: Flexitanks Industry: Value Chain Analysis
Figure 74: Global: Flexitanks Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Flexitanks Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Flexitanks Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Flexitanks Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Flexitanks Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Flexitanks Market: Competitive Structure
Table 6: Global: Flexitanks Market: Key Players