Flexitanks Market Key Players and Growth Information Analysis Report by 2028
Flexitanks Industry Overview The global flexitanks market size is expected to reach USD 3.31 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.0% from 2020 to 2028. The rising global trade of various liquid food products, chemicals, pharmaceuticals, and industrial products is principally augmenting the market growth. Flexitanks Market Segmentation Grand View Research has segmented the global flexitanks market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Single-trip and Multi-trip. The single-trip product segment led the market and accounted for a revenue share of 93.8% in 2020. The segment is estimated to retain its leading position throughout the forecast period due to the low cost and wide availability of single-trip products. Usually, 1mm thick PE is incorporated as the inner material in these products to enhance the barrier properties o...