Malaysia Flexitank Market Size & Outlook, 2022-2030
Malaysia flexitank market, 2018-2030 (US$M)
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Malaysia flexitank market highlights
- The Malaysia flexitank market generated a revenue of USD 25.7 million in 2022 and is expected to reach USD 126.5 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 22.1% 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 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 |
Other key industry trends
- In terms of revenue, Malaysia accounted for 2.7% 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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Malaysia 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 93.39% in 2022. 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.
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Target buyers of Malaysia 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 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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Malaysia flexitank market size, by type, 2018-2030 (US$M)
Malaysia Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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