The global Europe Flexitanks Market is forecast to reach USD 1.77 billion by 2027, according to a new report by Reports and Data. Growth in the trade of food-grade liquids, non-toxic chemicals, and pharmaceutical liquids are the major driving factors of the flexible tank market.

Flexitank is a bulk liquid container that consists of multiple layers of polyethylene that has an outer covering of woven polypropylene and can be used for transportation of any non-toxic liquids using the standard 20-foot railway or sea container. Flexitank is used to transport almost any non-toxic liquids, for industrial as well as food application, like juice concentrate, food, edible and animal oils, and fats, syrups, juices, wine, water, pharmaceutical, and food additives among other products.

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Top Leading Players in The Global Europe Flexitanks Market Are:

SIA Europe Flexitanks, Bulk Liquid Solutions, Trust Europe Flexitanks, Braid Logistics, Environmental Packaging Technologies, Proagri Solutions, Qingdao Global Flexitank Logistics, Hengxin Plastic, Trans Ocean Bulk Logistics, and Myflexitank, among others.

Further key findings from the report suggest:

• Singlelayer Flexitank dominated the market with 91.6% of the share in the year 2019 and is forecasted to grow with a higher CAGR of 19.1% during the forecast period. These type of tanks have increased carrying capacity as compared to multilayer flexitank and is also cost-efficient. Singlelayer Europe Flexitanks can carry all types of non-hazardous liquids and semi-solid products.
• Top loading flexitank is forecasted to grow with a CAGR of 18.0% during the forecast period. These type of Europe Flexitanks witness huge demand in Europe, for food-grade liquids and non-toxic chemicals transportation. There are difficulties in loading and unloading for the top loading Europe Flexitanks.
• Food-grade liquids are forecasted to hold a market share of 39.7% in the year 2019. The rise in export of food-stuff from several countries such as Mexico, Canada, Spain, Netherlands, India, Denmark, Brazil, and Singapore are propelling the demand for the market. Growing population and surge in demand for food is fueling the growth of the market.
• Europe is forecasted to grow with a CAGR of 19.2% during the forecast period. The growth in industrial and chemical industries in Germany and the U.K. has boosted the demand for the market. Flexitank is cost-effective and an effective mode of transportation which is anticipated to fuel the market demand.

Segments covered in the report:

Type Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2017-2027)

• Singlelayer Flexitank
• Multilayer Flexitank

Loading Type Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2017-2027)

• Top Loading Europe Flexitanks
• Bottom Loading Europe Flexitanks

Application Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2017-2027)

• Food-Grade Liquids
• Non-Hazardous Chemicals/Liquids
• Pharmaceutical Liquids
• Others

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Europe Flexitanks Market Future Analysis:

1. Technological Advancements: The Europe Flexitanks market is constantly evolving, and there is an increasing focus on improving the design and manufacturing of Europe Flexitanks to meet the evolving needs of the customers. Technological advancements in the manufacturing process, materials used, and designs of the Europe Flexitanks are expected to lead to more efficient and cost-effective transportation solutions.
2. Increasing Demand for Sustainable Packaging: There is a growing awareness of the impact of packaging materials on the environment, which is leading to an increasing demand for eco-friendly and sustainable packaging solutions. The Europe Flexitanks market is expected to benefit from this trend as Europe Flexitanks are recyclable and offer a lower carbon footprint compared to traditional packaging solutions.
3. Growing Demand for Bulk Liquid Transportation: With the growth of the global economy, there is a rising demand for bulk liquid transportation. Europe Flexitanks offer a cost-effective and efficient way to transport large quantities of liquids across different locations.
4. Expansion of the Food and Beverage Industry: The food and beverage industry is expected to continue growing in the coming years, and this is likely to create a demand for Europe Flexitanks as they offer a safe and hygienic way to transport liquids such as wine, edible oils, and juices.
5. Increasing Trade and Globalization: The increasing globalization and trade between countries are expected to drive the growth of the Europe Flexitanks market in the coming years. Europe Flexitanks offer a flexible, safe, and economical mode of transportation for various types of liquids.

Overall, the Europe Flexitanks market is expected to continue growing in the future, driven by these factors and others that may emerge. However, the growth rate may vary depending on the regulatory environment, economic conditions, and the adoption rate of Europe Flexitanks in different regions.

Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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