The global logistics and bulk liquid transportation industry is witnessing a transformative shift with the increasing adoption of flexible and cost-effective container solutions. Flexitanks have emerged as a game-changer for transporting non-hazardous liquids, offering efficiency, scalability, and significant savings over traditional containers such as drums and IBCs.
The Flexitank Market Size was estimated at USD 1.15 billion in 2023 and is expected to arrive at USD 7.46 billion by 2032, with a growing CAGR of 23.09% over the forecast period 2024–2032. This rapid growth reflects the market’s expanding role in sectors such as food and beverage, chemicals, agriculture, and pharmaceuticals, where bulk liquid transport is critical.
Key Market Drivers:
Surge in Global Trade of Bulk Liquids:
Rising international trade and demand for edible oils, beverages, and other non-hazardous liquids are fueling the adoption of flexitanks as an economical and safe transport solution.Cost-Effective and Efficient Logistics:
Flexitanks offer higher payload capacity, reduced loading time, and lower freight costs compared to conventional methods, driving their preference among shippers and logistics providers.Environmental and Operational Advantages:
As a single-use, recyclable option, flexitanks contribute to lower contamination risks and simplified logistics, aligning with sustainability goals across industries.Technological Innovations and Product Advancements:
New designs with enhanced barrier properties, multi-layer protection, and compatibility with various transport modes are boosting flexitank reliability and market penetration.
Key Players
Qingdao BLT Packing Industrial Co., Ltd.
Nelson Global
Braid Logistics
Bulk Liquid Solutions
Büscherhoff Packaging Solutions GmbH
Environmental Packaging Technologies Inc.
Full-Pak Bulk Containers
K Tank Supply Ltd
Mak & Williams Flexitank Supply
MYFLEXITANK
KriCon Group
Qingdao LAF Technology Co., Ltd.
SIA FLEXITANKS
Shanghai Yunjet Plastic Packaging Co., Ltd.
TRUST Flexitanks
Techno Group USA
Hillebrand Gori Group GmbH
Neoflex
FLUIDTAINER FLEXITANK SDN BHD
Qingdao Hengxin Plastic Co. Ltd
Conclusion:
The flexitank market is experiencing an unprecedented growth surge, fueled by global trade expansion, cost pressures, and sustainability initiatives. As industries continue to prioritize efficient, scalable, and eco-friendly transport solutions, the demand for flexitanks will remain on a robust upward trajectory. Market participants investing in innovation and strategic global partnerships will be best positioned to capitalize on this dynamic growth.
Contact Us:
Jagney Dave - Vice President of Client Engagement
Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
Related Reports
Write a comment ...