Fact.MR’s recent Report on the global Flexitanks market anticipates a largely positive outlook through 2031, majorly underpinned by rapid uptake of flexible packaging solutions across the food industry. Growth is anticipated to remain gradual yet stable, as certain end-use industries such as chemical manufacturing have experienced contraction due to the coronavirus pandemic.

As per the Association for Packaging and Processing Technologies, flexible packaging comprises nearly a fifth of the global packaging market. Food packaging comprises nearly half of total flexible packaging demand. Consequently, an incline has been witnessed with regard to the manufacturing of food-grade flexitanks in recent years. With North America poised to emerge as the primary flexible plastic food packaging hub, valued at approximately US$ 28 billion and expanding at just over 2%, prominent flexitank manufacturers are directing all their investments here.

Players such as Hillebrand, Techno Group, and Bulk Liquid Transport (BLT) already have a highly robust presence, with BLT emerging as the largest manufacturer. Incorporating raw materials supplied by long-term partners such as Dow Chemical and Exxon Mobil, the company manufactures flexitanks comprising an outer polypropylene layer made from high-tech aramid fiber, with high-strength weft reinforcement every 10 cm. These are suitable for transporting edible oils, concentrated fruit juices, food additives, and sorbitol, among other products.

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Flexitanks  Market – Scope of Report:

A latest publication by Fact.MR on the global Flexitanks market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Flexitanks market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Flexitanks supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Flexitanks, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

In-Depth Analysis on Competitive Landscape:

The report sheds light on the leading providers of Flexitanks along with their detailed profiles. Essential and up-to-date data information related to the market performers, who are principally engaged in the production of Blood Transfusion Diagnostics, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit the report readers to take preemptive steps in advancing their businesses.

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Report benefits & key questions answered

• Post covid consumer spending on Blood Transfusion Diagnostics: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Flexitanks demand outlook: the market intelligence study reports highlights the factor propelling the demand for Flexitanks. As per the study, the demand for Flexitanks will grow through 2029.
• Flexitanks historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Flexitanks consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Flexitanks Market Segmentations:

• Product Type
  • Single Trip
  • Multi Trip
• Application
  • Food
  • Wines & Spirits
  • Oils
  • Chemicals
  • Industrial Products
  • Pharmaceutical Goods
• Region
  • North America
  • Europe
  • APAC
  • Central & South America
  • Middle East & Africa

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About Fact.MR

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