Flexitanks Market | Leading Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2021-2025

The Global flexitanks market is expected to grow by $ 1.57 bn, accelerating at a CAGR of  16.17% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Flexitanks Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The report segments the market by Application (Industrial, Food, Chemical, and Others) and Geography (APAC, North America, Europe, MEA, and South America). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
• In terms of geographic segmentation we found that 59% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Flexitanks Market size.

Flexitanks Market: Top Trends, Drivers, Challenges to drive Market Recovery

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Growing demand for edible oil in Asian countries will be a significant factor in driving the growth of the Flexitanks Market.
• Growing wine production and consumption in Europe will be instrumental in driving the market growth during the forecast period.
• High investments is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Flexitanks Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Hinrich Industries, JF HILLEBRAND GROUP AG, MYFlexitank Industries Sdn Bhd, Neoflex Logistics Services Industrial Packing SA, Philton Polythene Converters Ltd., Qingdao LAF Packaging Co. Ltd., Rishi FIBC Solutions Pvt. Ltd., SIA Flexitanks, Sun FlexiTanks, and Techno Group are some of the major market participants.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 16.17%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 1.57 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Growing demand for edible oil in Asian countries will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   59% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Hinrich Industries, JF HILLEBRAND GROUP AG, MYFlexitank Industries Sdn Bhd, Neoflex Logistics Services Industrial Packing SA, Philton Polythene Converters Ltd., Qingdao LAF Packaging Co. Ltd., Rishi FIBC Solutions Pvt. Ltd., SIA Flexitanks, Sun FlexiTanks, and Techno Group
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Industrial, Food, Chemical, and Others) and Geography (APAC, North America, Europe, MEA, and South America)