Market Summary
The benefits of portability, foldability, and ease of set up along with cost-effectiveness, provided by the flexitanks are driving the demand for the product. Market Size – USD 369.5 Million in 2018, Market Growth - CAGR of 18.9%, Market Trends – The growth in trade of global food-grade liquids. The global flexitanks market is forecast to reach USD 1.49 Billion by 2026, according to a new report by Reports and Data. Growth in the trade of food-grade liquids, non-toxic chemicals, and pharmaceutical liquids are the major driving factors of the flexible tank market.