UK Flexitank Market Size & Outlook, 2022-2030
UK flexitank market, 2018-2030 (US$M)
Related Markets
UK flexitank market highlights
- The UK flexitank market generated a revenue of USD 24.9 million in 2022 and is expected to reach USD 114.5 million by 2030.
- The UK market is expected to grow at a CAGR of 21% 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 24.9 million |
| Market revenue in 2030 | USD 114.5 million |
| Growth rate | 21% (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, UK accounted for 2.6% of the global flexitank market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flexitank market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 279.9 million by 2030.
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Flexitank Market Scope
Flexitank Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 93.57% in 2022. Horizon Databook has segmented the UK flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of major players in the region including Braid Logistics UK Ltd and SGS UK among others are noticeable revenue contributors in the country. The environmental benefits associated with the use of flexitanks over the traditional means of transportation for liquid are one of the major factors supporting growth in the country.
A collaborative partnership between leading UK rail freight providers, Freightliner & Trans Ocean has won the Global Freight Awards (GFA) environmental award in November 2017 for their flexitanks recycling initiative.
Trans Ocean transports the wine in flexitanks which are fully made up of recyclable polyethylene material inside containers and are transported every week to all major bottling plants across the UK.
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Target buyers of UK 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 UK flexitank market , including forecasts for subscribers. This country databook contains high-level insights into UK flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK flexitank market size, by type, 2018-2030 (US$M)
UK Flexitank Market Outlook Share, 2022 & 2030 (US$M)
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