Europe Flexitank Market Size & Outlook, 2022-2030
Europe flexitank market, 2018-2030 (US$M)
Related Markets
Europe flexitank market highlights
- The Europe flexitank market generated a revenue of USD 266.4 million in 2022.
- The market is expected to grow at a CAGR of -15.2% from 2023 to 2030.
- In terms of segment, single trip was the largest revenue generating type in 2022.
- Multi Trip is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 266.4 million |
| Market revenue in 2030 | USD 71.4 million |
| Growth rate | -15.2% (CAGR from 2022 to 2030) |
| Largest segment | Single trip |
| Fastest growing segment | Multi Trip |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 27.8% of the global flexitank market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 838.6 million by 2030.
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Flexitank Market Scope
Flexitank Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 93.32% in 2022. Horizon Databook has segmented the Europe flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of stringent regulations pertaining to the use of plastic materials for packaging are expected to pose a significant challenge for the manufacturers of flexitanks in Europe. The European Union has been encouraging packaging manufacturers within the region to offer sustainable packaging solutions to clients.
As of 2022, the UK, France, Germany, and Spain were among the top online grocery markets in Europe. Increasingly busy lifestyle of the population and technological advancements such as the development of mobile-based online grocery application is driving the European online grocery market.
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Target buyers of Europe 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 continent-level data and insights on the Europe flexitank market , including forecasts for subscribers. This continent databook contains high-level insights into Europe flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe flexitank market size, by country, 2018-2030 (US$M)
Europe Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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