Alarming Rise in the Incidence Rate of Respiratory Diseases to Increase Adoption in Asia Pacific
Albany, NY -- (SBWIRE) -- 07/13/2018 -- Aforementioned insights are based on the report, titled "Flexitanks Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026," incorporated recently into the Market Research Reports Search Engine's (MRRSE) vast repository. The flexitanks market will continue to witness the challenges related to risks of cargo leakage, which are relatively higher in flexitanks in comparison to bulk packaging carriers. Chances of damage to flexitanks are higher on account of careless or improper handling while unloading and loading.
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Significant rise in trade of edible liquids, including aerated & non-aerated beverages, potable water, edible oils, sweeteners, fruit juices, and wine, has been fuelling the demand for flexitanks in recent years. Growth of the flexitanks market will continue to be driven by capacity expansion efforts of manufacturers. Key examples of such capacity expansions are increase in flexitanks production capacity to 200,000 units by Qingdao Hengxin Plastic, and expansion of flexitanks manufacturing capacity by Environmental Packaging Technologies (EPT) in regions such as the U.S. and Michigan.
Asia-Pacific is expected to spearhead the flexitanks market, as the region is the leading exporter of liquids that include agricultural liquids, vegetable oils, water and beverages. Among flexitanks variants available in the market, multilayer flexitanks continue to remain sought-after among end-users in light of their radical benefits and cost-effectiveness.
Flexitanks Market: Scope of the Report
The report offers accurate forecast on the flexitanks market at global as well as regional level. Forecast offered on the flexitanks market has been presented in terms of value (US$ Mn) and volume (Units) for the period between 2018 and 2026, with 2017 considered as base year for market size evaluations. Important dynamics, including opportunities, trends, restraints and drivers, guiding growth of the flexitanks market have been examined and elaborated in weighted chapters of the report. A separate section is devoted to each segment in the flexitanks market, with individual sections for each of the assessed regional markets.
The report comprises an in-depth value chain analysis on the flexitanks market, which renders an exhaustive view on demand and supply trends affecting the market growth. To help the report readers better understand the competitive landscape of the flexitanks market, Porter's Five Forces analysis has been provided. The report also incorporates the market attractiveness index, which benchmarks product and application segments on the basis of their general attractiveness, growth rates, and market size.
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Flexitanks Market: Research Methodology
The analysts have used a proven and tested methodology of research to arrive at the key market estimations of flexitanks across various regional markets. Exhaustive secondary research is used to ascertain the market size, growth rate, key segments, and prominent factors driving revenue growth of the flexitanks market, and challenges and restraints impacting market growth. Data thus acquired through secondary research is validated through elaborate primary research by speaking to top industry stakeholders in the flexitanks market.
Based on these data points, the analysts derive key metrics such as CAGR, Y-o-Y growth, market value, consumption data, absolute and incremental opportunity, and market share. The final data points are then thoroughly scrutinized using advanced tools to derive pertinent insights on the flexitanks market. Homogenous blend of primary and secondary research has been leveraged by analysts developing this report on the flexitanks market, to aid the readers in devising strategic steps forward for growth of their businesses.
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