Global Flexitank Market to reach USD 2692.96 million by 2027.Global Flexitank Market is valued approximately at USD 717.4 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 20.8% over the forecast period 2021-2027. Flexitanks is an alternative to ISO tanks which offer various types of containers for shipping of various liquids such as oils, wines juices, food-grade liquids etc. The global Flexitank market is being driven by growth in trade of wine across the world and flexitanks' competitive edge over other alternatives. Furthermore, rise in trade of commodity in BRICS Nations, and new configuration in flexitanks will provide new opportunities for the global Flexitank industry. For instance, according to Statista, the value of wine exported from the United Kingdom region is rising year on year; in year 2017, the export value reached USD 77.17 million and increased to USD 90.28 million in year 2019. As a result, increased export of wine will serve as a catalyst for the Flexitank industry in the future. However, availability of low-quality flexitanks and containers may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global flexitanks market. The presence of huge wine exporting industry across the region makes Asia Pacific the leading region across the world in terms of market share. Whereas Europe is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to increase in production and export of temperature-sensitive pharmaceuticals in the region.
Major market player included in this report are:

Braid Logistics
Bulk Liquid Solutions
Environmental Packaging Technologies
SIA Flexitanks
Trans Ocean Bulk Logistics
Qingdao Laf Packaging
Hengxin Plastic
Qingdao Global Flexitank Logistics
Trust Flexitanks
Rishi FIBC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type :
Monolayer flexitanks
Mutilayer Flexitanks
By Loading type :
Top loading flexitanks
Bottom loading flexitanks
By Application:
Food-grade liquids
Non-hazardous chemicals/liquids
Pharmaceutical's liquids


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Flexitank Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors