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 |
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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 2024. 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.
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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