Global Flexitank Market is predicted to reach USD 5.6 Billion at a CAGR of 22.30% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Flexitank Market” that contains information from 2022 to 2032. The Global Flexitank Market is estimated to register a CAGR of 22.30% during the forecast period of 2022 to 2032.

MRFR recognizes the following companies as the key players in the Global Flexitank Market ©Bulk Liquid Solutions, SIA FLEXITANKS, Qingdao LAF Packaging Co., Ltd., Hengxin Plastic Co.,Ltd., Qingdao Global Flexitank Logistics, TRUST Flexitanks, Rishi FIBC Solutions PVT. Ltd., PROAGRI SOLUTIONS LLC., Anthente International, MYFLEXITANK, Hinrich Industries., bornitflexi, UWL, Inc., Sun Logistics, and Büscherhoff Packaging Solutions GmbH

Flexitank Market Highlights

The Global Flexitank Market is accounted to register a CAGR of 22.30% during the forecast period and is estimated to reach USD 5.6 Billion by 2032.

The Flexitank market refers to the segment of the global bulk liquid transportation industry that deals with the production, distribution, and use of flexitanks. A flexitank is a large, flexible container specifically designed to transport non-hazardous liquid cargoes in bulk, primarily for shipping via standard 20-foot intermodal containers. These containers are made of multiple layers of high-strength polyethylene or other suitable materials that ensure the safe transportation of liquids.

Segment Analysis

The Global Flexitank Market has been segmented based on Type, Loading Type and Application

Based on Type, the market is segmented into Monolayer and Multilayer. In 2022, the monolayer segment emerged as the dominant force in the global market. This can be attributed to the lower cost of monolayer flexitanks compared to those in the multilayer segment. Furthermore, using monolayer tanks reduces the risk of contamination from other liquids in case of a layer rip, a concern with multilayer tanks, which has contributed to the expansion of the monolayer market.

Based on Loading Type, the market is segmented into Top Loading and Bottom Loading In 2022, the bottom loading segment emerged as the dominant force in the global market. Initially, top loading layouts were commonly used for these products. However, the advantages of bottom loading flexitanks, such as simplified loading and unloading procedures and minimal payload loss during unloading, have significantly increased the market share of the bottom loading sector in the past.

Based on Application, the Market has been segmented Food-Grade Liquids, Non-Hazardous Chemicals/Liquids, and Pharmaceuticals Liquids. In 2022, the food-grade liquids segment took the lead in the Flexitank Market. This is primarily attributed to the growing demand from various end-use applications, including bread and confectionery goods, fruit juices, sauces, concentrates, and edible oils.

Regional Analysis

The Global Flexitank Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Flexitank Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Flexitank Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Flexitank Market comprises of Middle East, Africa, and Latin America.

In 2022, the Asia Pacific Flexitank market asserted its dominance, capturing a significant share of 45.80% in the global market. This can be attributed to the strong presence of China and India, both being major agricultural producers and consumers in the region. Additionally, the high levels of palm oil production and export in Indonesia and Malaysia further contributed to the expansion of the regional Flexitank market.

Anticipated growth is on the horizon for the North America Flexitank Market from 2023 to 2032. This growth can be attributed to the consistent expansion of the U.S. industrial sector. Moreover, the presence of advantageous trade agreements like NAFTA, which facilitate free trade between the United States, Canada, and Mexico, is likely to support and promote market expansion in the region.

In Europe, the Flexitank market accounted for a healthy market share in 2022. This can be attributed to the increase in manufacturing and export of temperature-sensitive medications, especially in countries such as Germany, Switzerland, Belgium, France, and the Netherlands. Among these, the German Flexitank market held the largest market share, while the U.K. Flexitank market emerged as the fastest-growing market in the European region.

Key Findings of the Study

• The Global Flexitank Market is expected to reach USD 5.6 Billion by 2032, at a CAGR of 22.30% during the forecast period.


• The Asia-Pacific region, the Chinese Flexitank market held the largest market share, reflecting China's prominent position in the industry.


• Based on Type, the Market has been segmented into Monolayer holding the largest market in 2022.


• Bulk Liquid Solutions, SIA FLEXITANKS, Qingdao LAF Packaging Co., Ltd., Hengxin Plastic Co.,Ltd., Qingdao Global Flexitank Logistics, TRUST Flexitanks, Rishi FIBC Solutions PVT. Ltd., PROAGRI SOLUTIONS LLC., Anthente International, MYFLEXITANK, Hinrich Industries., bornitflexi, UWL, Inc., Sun Logistics, and Büscherhoff Packaging Solutions GmbH.