China Flexitank Market Size & Outlook, 2022-2030
China flexitank market, 2018-2030 (US$M)
Related Markets
China flexitank market highlights
- The China flexitank market generated a revenue of USD 112.9 million in 2022 and is expected to reach USD 672.1 million by 2030.
- The China market is expected to grow at a CAGR of 25% from 2023 to 2030.
- In terms of segment, single trip was the largest revenue generating type in 2022.
- Single Trip is the most lucrative type segment registering the fastest growth during the forecast period.
Flexitank market data book summary
| Market revenue in 2022 | USD 112.9 million |
| Market revenue in 2030 | USD 672.1 million |
| Growth rate | 25% (CAGR from 2022 to 2030) |
| Largest segment | Single trip |
| Fastest growing segment | Single Trip |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Trip, Multi Trip |
| Key market players worldwide | Star Bulk Carriers Corp, Packaging Corp of America, Ranpak Holdings Corp Ordinary Shares - Class A, HUYA Inc Class A, Kellanova Co, KION GROUP AG, Transocean Ltd, Truist Financial Corp |
Other key industry trends
- In terms of revenue, China accounted for 11.8% of the global flexitank market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flexitank market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 393.9 million by 2030.
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Flexitank Market Scope
Flexitank Market Companies
| Name | Profile | # Employees | HQ | Website |
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China flexitank market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexitank market will help companies and investors design strategic landscapes.
Single trip was the largest segment with a revenue share of 94.24% in 2022. Horizon Databook has segmented the China flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
According to a 2021 report by DNV GL and Menon Economics, China is the top shipping country because of its strong presence in terms of ports and logistics pillar; the country also possess the world’s largest container and bulk ports.
China holds the largest share of the flexitanks market in Asia and is also projected to maintain its dominance over the Forecasts period from 2023 to 2030. The rapidly growing international trade activities are supporting the country’s market share.
The presence of major players in the region, including Qingdao BLT Packing Industrial Co., Ltd. (BLT), Full-Pak, Qingdao LAF Packaging Co., Ltd., Hengxin Plastic Co., Ltd., Co., Ltd. Qingdao, and Yunjet Plastic Packaging, is supporting the substantial revenue share of the country.
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Target buyers of China flexitank market databook
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Our clientele includes a mix of flexitank market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China flexitank market , including forecasts for subscribers. This country databook contains high-level insights into China flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China flexitank market size, by type, 2018-2030 (US$M)
China Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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