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.
Global Flexitanks Market: Segmentation
For clearer understanding of the Flexitanks Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Flexitanks Market, which is essential to make sound investments.
A market research study is incomplete without regional analysis, and we are well aware of it. That is why, the report includes a comprehensive and all-inclusive study that solely concentrates on the geographical growth of the global Flexitanks Market. The study also includes accurate estimations about market growth at the global, regional, and country levels. It empowers you to understand why some regional markets are flourishing while others are seeing a decline in growth. It also allows you to focus on geographies that hold the potential to create lucrative prospects in the near future.
Following Questions Answers Covered in the Report are:
- How will the global Flexitanks Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Flexitanks Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Flexitanks Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –http://www.globenewswire.com/en/news-release/2020/04/02/2010847/0/en/Sales-of-Organic-Pigments-to-be-Buoyed-by-Application-in-Printing-Inks-Demand-for-High-performance-Pigments-Picking-up-Says-Fact-MR-in-a-New-Study.html
Fact.MR has profiled the following prominent manufacturers in its report*:
- JF Hillebrand
- K Tank Supply Ltd.
- Qingdao BLT Packaging Industrial Co. Ltd.
- Bulk Liquid Solutions Pvt. Ltd.
- KriCon Group BV
- Mak & Williams Flexitank Supply Ltd.
- TRUST Flexitanks
- SIA FLEXITANKS
- MY FlexiTank (MYF)
- Büscherhoff Packaging Solutions GmbH
- Yunjet Plastics Packaging
- Trans Ocean Bulk Logistics Ltd
- Qingdao LAF Packaging Co. Ltd.
- Environmental Packaging Technologies
- Yo Jet Plastics Packaging
The Flexitanks Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in the Flexitanks Market?
- Which region promises largest opportunity for new investors during the forecast period 2021 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2021 to 2031?
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