Market revenue in 2022 | USD 5.4 million |
Market revenue in 2030 | USD 20.3 million |
Growth rate | 18.1% (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 92.59% in 2022. Horizon Databook has segmented the UAE flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
In the United Arab Emirates (U.A.E.), the growth of industries such as food & beverage, chemicals, and e-commerce is driving demand for Flexitanks. The government focus on expanding its non-oil exports and modernizing its supply chain infrastructure is expected to support the growth of the Flexitanks market over Forecasts period.
For instance, Dubai Industrial Strategy 2030, is an initiative to make Dubai a leading hub for industrial production and innovation, with a focus on sectors such as aerospace, food and beverages, pharmaceuticals, and construction materials. Such initiatives will strengthen the non-oil sector and will provide lucrative opportunity for flexitanks market.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE flexitank market , including forecasts for subscribers. This country databook contains high-level insights into UAE flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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