Flexitank Market

Flexitank Market report analyzes the key growth strategies adopted by the leading market players, between 2015 and 2018

The market size of flexitanks is estimated at USD 366 million in 2018 and is projected to reach USD 912 million by 2023, at a CAGR of 20.0% between 2018 and 2023. Flexitank is an ideal solution for transportation of bulk liquids such as food-grade liquids and non-hazardous liquids. Flexitank has economic benefits, which saves 50% on packaging cost and can carry 30.0% more load than drums and 10.0% more load than ISO tanks. These benefits are likely to drive the demand for flexitanks during the forecast period.

The key players in the flexitank market include Braid Logistics (Scotland), Bulk Liquid Solutions (India), Environmental Packaging Technologies (US), SIA Flexitanks (Ireland), Trans Ocean Bulk Logistics (US), Qingdao LAF Packaging (China), Hengxin Plastic (China), Qingdao Global Flexitank Logistics (China), Trust Flexitanks (Spain), and Rishi FIBC (India). The flexitank market report analyzes the key growth strategies adopted by the leading market players, between 2015 and 2018, which includes expansion and new product launch.

To know about the assumptions considered for the study download the pdf brochure

Braid Logistics is among the key players in the flexitanks market, which has adopted organic strategies, such as expansion and new product launch. In 2018, the company expanded its global network in APAC with the establishment of Braid Japan Co., Ltd. (Japan). This expansion will allow the company to cater to the Japanese export market and expand its footprints across the market in APAC. In 2016, it launched Braid Agis-tank, which is ideal for liquids with high solid contents such as pepper mesh, fruit pulp, grape mash, olives, and fish slurries.

Environmental Packaging Technologies is one of the leading manufacturers of flexitanks. This company also adopted organic strategies, such as expansion and new product launch. In 2017, the company launched new flexitank under brand name LIQUIRIDE, especially for refrigerated shipping containers. The company will benefit from this new line of flexitanks, which focuses on applications requiring temperature-control transportation of fresh juices and concentrates. In the same year, it doubled its production capacity of flexitanks at its Michigan, US plant. This development is in response to the increasing demand for flexitanks in North America.

Related Reports:

Flexitank Market by Type (Monolayer and Multilayer), Loading Type (Bottom Loading and Top Loading), Application (Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceutical Liquids), and Region - Global Forecast to 2023

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
CH 7023
RI Published ON
4/5/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Flexitank Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved