The global volume of flexitanks market by industrial applications is expected to grow progressively during the forecast period. Flexitanks refer to a large plastic containers or bags used for transportation of a variety of materials, most often non-hazardous liquids, fitted with loading and discharge valves. Flexitanks, unlike conventional tank containers, are used and designed for a single trip, prior to which the empty container must be disposed in proper waste facilities.
Flexitanks are widely preferred in the food grade product such as malts, edible oil and fruit concentrates, beverage and non-hazardous chemicals transportation due to its high efficiency along with superior protection against contamination. These tanks offer value added qualities as compared to dominant substitutes including barrels and drums. It is easily disposable, and hence there is no associated cleaning cost as in the case of tank containers and barrels. This, in turn, diminishes the product contamination risk. In addition, flexitanks can transport over twenty times more quantity of liquid than other substitutes in the same cost. These above mentioned flexitanks features will consequently boost the bulk container packaging market size over the projected timeframe.
As per the latest market research and survey, flexitank and its usage popularity in food industry segments has increased because of its cost advantage and easy to use setup. Manufacturers are unable to afford the higher transportation and logistics costs in developing countries. Hence, these countries are the major growth drivers for the rising demand for flexitanks.
The benefits and advantages of Flexitanks are because of the following features:
- Higher transportable bulk liquid volume compared to drums.
- Always new flexi tanks, no contamination risk, no cleaning costs.
- Entirely recyclable
- Easy and swift installation
- Minimal or no residue left
- Available in remote areas
- Not dependent on availability of iso tank containers
- Low cost in comparison to drums or iso tank containers
With increase in demand of food industry, contribution of flexitanks have increased globally. Food market has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food and oil processing industry. Thus, in the export industry, Flexitank and its manufacturers are in huge demand with the demand in transportation, food and oil industry.
A growing population has also increased the food demand in massive volumes, and this demand positively influenced the food grade and beverage trade across the globe, too. As the major exporter of corn, soybean, oilseeds, and feeds, West has been the largest player in the bulk container packaging market. However, this trend is shifting to the East now. Increasing edible oil exports from Asia and Southeast Asia will bring substantial growth to the industry in the region. By next forecast it can be expected to observe 10% growth in flextank demand.
Flexitanks are prepared using several types of materials
- Multilayer polyethylene
- Single and double layer polyethylene
- Barrier tanks
- Bottom discharge
Flexitanks offers a dynamic, flexible, safe and cost-effective, easy to use solution for all bulk liquid transport requirements. Depending on product type, weather conditions and temperature range desired, flexitank can be installed with thermal insulation, ensuring the desired temperature from product load until discharge on arrival.
Increasing need for efficient, flexible storage and portability of liquids has considerably driven the global flexitanks market. Flexitanks offers a better and commercially economical solution to liquid bulk and food grade transportation needs. By using flexitank container companies can save significantly by reducing their transportation. There may also be some challenges using the flexitanks, such as loading and unloading facilities may not have proper set up for loading and unloading the product.
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