Market revenue in 2022 | USD 25.7 million |
Market revenue in 2030 | USD 126.5 million |
Growth rate | 22.1% (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 93.39% in 2024. Horizon Databook has segmented the Malaysia flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The trade outlook for Malaysia is affected by various global and domestic factors, such as the pandemic, changing trade policies, and geopolitical tensions. The country is a major exporter of electronics, palm oil, and petroleum products, and any shifts in demand for these products impacts its trade performance.
The flexitanks market in Malaysia is expected to grow due to increasing demand for cost-effective and efficient bulk liquid transportation solutions. The country’s strong trade connections, well-developed transportation infrastructure, and favorable government policies make it a strategic location for the flexitanks industry.
With the rise of e-commerce and growth of industries such as food and beverage, chemicals, and pharmaceuticals, the demand for flexitanks is likely to continue to rise in Malaysia.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia flexitank market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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