Japan Flexitank Market Size & Outlook, 2022-2030
Japan flexitank market, 2018-2030 (US$M)
Related Markets
Japan flexitank market highlights
- The Japan flexitank market generated a revenue of USD 77.1 million in 2022 and is expected to reach USD 374.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 21.9% 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 77.1 million |
| Market revenue in 2030 | USD 374.8 million |
| Growth rate | 21.9% (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, Japan accounted for 8.0% 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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Japan 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 93.26% in 2022. Horizon Databook has segmented the Japan flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
Japan’s economy is showing signs of improvement as economic activity resumes. Exports and industrial production have increased and supply-side constraints are becoming less of an issue. Business investment has increased, and the employment and income situation has improved. Despite the impacts of COVID-19, the commodity consumption has increased moderately.
Additionally, Japan has signed several free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is expected to further drive exports.Based on application, chemical segment commands the largest share in Japan flexitanks market. The chemical industry in Japan is one of the largest and most advanced in the world.
Japanese chemical companies are known for their advanced technology and innovative processes, which enable them to produce high-quality, specialized products. The demand for the Japans chemical is increasing across the world. Therefore, Sumitomo Chemical saw a significant increase in earnings in 2021, registering a 252.1% surge, due to 20.9% higher sales growth.
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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 Japan flexitank market , including forecasts for subscribers. This country databook contains high-level insights into Japan flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan flexitank market size, by type, 2018-2030 (US$M)
Japan Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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