Published by Uma Rajagopal
Posted on February 15, 2022
With trade volumes soaring high, the requirement for shipping the commodities has risen consistently. Besides, the favorable growth in the e-commerce sector has fueled the requirement for consigning. The perpetual inclination towards shipping charges urges the call for containers that are easy to mobilize and economical in pursuit. Flexitanks are built on the principle of “Reduce, Reuse, and Recycle”, and thus stand out in the race of packaging containers. Moreover, the low tare weight that maximizes shipping potential alongside minimal costs amidst shipping makes flexitanks the most competent bet. Further, their expediency and sustainability facets envisage the substantial demand for flexitanks in the near future.
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Need for High-Capacity and Lightweight Containers Support Flexitanks Market Growth
Maritime trade has been growing gingerly over the passage of time. Liquid products including fuels and chemicals are being shipped statutorily. Whilst nautical transmission, the ship tends to welter and spill the chemical or liquids into the waters. This creates a need for containers that are tailor-made to transport liquid goods efficiently via water, while providing sound dimensions for storage. Flexitanks are streamlined robustly with high-storage capacities that can be easily transmitted and are pocket-friendly as well. Hence, slashing the spills into the international waters and raising the quality of transportation. In the study period, this factor is poised to substantially drive growth in the global flexitanks market.
Viable Transmission Attributes to Augment Flexitank Usage in Food Industry
As nations embark on the path of transporting beverages and agro-based products globally as well as internally, it has become crucial to use sustainable containers. A lot of food is wasted in pursuit of moving the harvest to commercial places due to incongruous shipment. There could be diverse reasons namely, perishing of the containers, rodents, insects, and unwanted biotic material buildout damaging the food. Therefore, food industries are now single-minded about investing in viable storage and transportation solutions. With the food industry’s focal shift on sustainable containers, it is expected that the flexitanks market will reach its heyday phase soon.
North America Sways Advancement in Flexitank Manufacturing
North America, being the region that makes the optimal utilization of resources, dominates the flexitanks market. With the rising demand for flexible and high-storage containers, manufacturers in the area are envisaged to flourish with ample growth opportunities. Additionally, the conducive government policies provide a good base for the evolution of prevailing as well new industries.
Developing countries of Asia Pacific are following in acquiring phased growth across the flexitanks market. The production and export of agro-based products in the expanse are relatively high. Demand for fuel-efficient and feasible containers in the emerging nations of Asia Pacific is likely to mushroom in the regions. To be specific, China and India are reinforcing the propagation of flexitanks markets in the APAC zone.
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Key Market Players Dominating the Flexitanks Market
Braid Logistics, Bulk Liquid Solutions, SIA Flexitanks, Trans Ocean Bulk Logistics, and Environmental Packaging Technologies are some of the flexitank manufacturers ruling the market aggressively across the globe.
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