South Africa Flexitank Market Size & Outlook, 2022-2030
South Africa flexitank market, 2018-2030 (US$M)
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South Africa flexitank market highlights
- The South Africa flexitank market generated a revenue of USD 2.6 million in 2022 and is expected to reach USD 5.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.1% 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 2.6 million |
| Market revenue in 2030 | USD 5.5 million |
| Growth rate | 10.1% (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, South Africa accounted for 0.3% of the global flexitank market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE flexitank market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.3 million by 2030.
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Flexitank Market Scope
Flexitank Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 92.31% in 2022. Horizon Databook has segmented the South Africa flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The South African economy has faced significant challenges in recent years, including high unemployment, slow growth, and widespread poverty. However, there are also some positive indicators, such as a growing middle income groups, well-developed financial sector, and abundant natural resources. The government has implemented a number of reforms to boost the economy.
As of 2021 knowledge cut off, South Africa economy heavily relies on exports and imports. Its major exports include precious metals, machinery, minerals, and chemicals. The country’s major trading partners are China, the U.S., and Germany. South Africa also imports a significant amount of machinery, electronics, and petroleum products.
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Target buyers of South Africa 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 South Africa flexitank market , including forecasts for subscribers. This country databook contains high-level insights into South Africa flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa flexitank market size, by type, 2018-2030 (US$M)
South Africa Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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