Global Flexitanks Industry

Global Flexitanks Industry

  • April 2021 •
  • 180 pages •
  • Report ID: 5798593 •
  • Format: PDF
Abstract:
- Global Flexitanks Market to Reach $923.2 Million by 2027
- Amid the COVID-19 crisis, the global market for Flexitanks estimated at US$382 Million in the year 2020, is projected to reach a revised size of US$923.2 Million by 2027, growing at aCAGR of 13.4% over the period 2020-2027. Single Use, one of the segments analyzed in the report, is projected to record 13.9% CAGR and reach US$891.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reusable segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $112.8 Million, While China is Forecast to Grow at 12.9% CAGR
- The Flexitanks market in the U.S. is estimated at US$112.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$160.6 Million by the year 2027 trailing a CAGR of 12.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 11.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.

- Select Competitors (Total 42 Featured) -
  • BeFlexi Limited
  • Bulk Liquid Solutions Pvt., Ltd.
  • Environmental Packaging Technologies, Inc. (EPT)
  • Mak & Williams Flexitanks Supply Limited
  • My Flexitank Industries Sdn. Bhd.
  • Qingdao LAF Packaging Co., Ltd.
  • Rishi FIBC Solutions PVT. Ltd.
  • SIA Flexitanks (Asia) Sdn Bhd
  • Trans Ocean Bulk Logistics Ltd.