Flexitanks: Unlocking Efficiency in Liquid Logistics
The flexitank market was estimated at USD 807.95 million in 2022 and is likely to witness a CAGR of 18.75% during 2023-2028 to reach USD 2292.16 million in 2028.
Flexitank is used for the storage and transportation of non-hazardous liquids such as water, fruit juice, food-grade lubricants, wine, edible oil, latex, and additives. It reduces packaging storage and transportation cost due to its low unit cost and the convenience of positioning, speed of loading, and efficient use of loading weights.