India Flexitank Market Size & Outlook, 2022-2030
India flexitank market, 2018-2030 (US$M)
Related Markets
India flexitank market highlights
- The India flexitank market generated a revenue of USD 65.3 million in 2022 and is expected to reach USD 393.9 million by 2030.
- The India market is expected to grow at a CAGR of 25.2% 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 65.3 million |
| Market revenue in 2030 | USD 393.9 million |
| Growth rate | 25.2% (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, India accounted for 6.8% 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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India 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 93.57% in 2022. Horizon Databook has segmented the India flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian flexitanks market is estimated to witness the fastest CAGR from 2023 to 2030. The presence of major global and local players of flexitanks , such as Bulk Liquid Solutions Pvt. Ltd. and RishiFIBC Solutions (P) Ltd, is supporting the market growth.
Rishi FIBC Pvt. Ltd., an Indian flexitanks manufacturer, has a modern and fully integrated manufacturing facility in Gujarat and serving its products in more than 36 countries worldwide. flexitanks are engineered with the food-grade 4-ply co-extruded Polypropylene (PE) liner tubes and rugged, abrasion-resistant outer woven Polyethylene (PP) protection.
They are fabricated from virgin FDA-approved polyethylene and polypropylene and are suitable for a wide range of food grade and non-hazardous liquid cargos. On the basis of application, the foodstuff segment holds a dominant share in the Indian market.
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Our clientele includes a mix of flexitank market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India flexitank market , including forecasts for subscribers. This country databook contains high-level insights into India flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India flexitank market size, by type, 2018-2030 (US$M)
India Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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