Market Overview:
The global flexiBag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food applications, industrial applications, and chemical applications. In terms of type, the multilayer polyethylene segment is expected to dominate the global flexiBag market during the forecast period. This can be attributed to its properties such as high barrier properties and good mechanical strength. In terms of application, food applications are expected to dominate the global flexiBag market during the forecast period owing to its growing demand for packaging various types of food products.
Product Definition:
A FlexiBag is a bag made of flexible plastic which can be easily folded and stored when not in use. The importance of FlexiBags is that they are easy to store and take up very little space, making them ideal for packing in luggage or taking on trips.
Multilayer Polyethylene:
Multilayer polyethylene (MPE) is a thermoplastic polymer with high tensile strength and flexibility. It can be used as an alternative to PVC in flexible food packaging applications. MPE has been gaining importance on account of its superior physical properties over the past few years, which have led to an increased scope of application in various end-use industries such as building & construction, electrical & electronics and automotive among others.
Single and Double Layer Polyethylene:
Single layer and double layer polyethylene are the two major types of plastic used in the FlexiBag market. Single layer PE is a transparent plastic with high clarity, which is widely used for packaging food products such as vegetables, fruits, meat & poultry and other food items. On account of its transparency it is also utilized to pack alcoholic beverages such as wine or beer.
It offers several advantages over conventional materials including higher strength.
Application Insights:
Food applications dominated the global flexiBag market, accounting for over 60% of the total revenue share in 2017. The product is widely used in packaging fresh and frozen foods such as meat, fruits and vegetables among others. Flexible packaging provides protection from natural elements such as rain, snow, sun rays and extreme temperatures which results in a longer shelf life of products packaged using it.
The growing food processing industry across developing countries including China India Indonesia Vietnam Argentina Brazil etc., is expected to boost demand for flexible packaging solutions including flexiBags over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing construction activities, coupled with growing population, which will result in increased demand for flexible packaging materials such as flexi bags. In addition, rising disposable income levels and improving standard of living are likely to contribute towards industry growth.
The European market is anticipated to witness significant growth during the forecast period owing to stringent regulations regarding waste management coupled with rising environmental concerns about plastic products. Europe has imposed restrictions on single-use plastics such as bags which will help reduce pollution and encourage manufacturers in the region adopt eco-friendly solutions instead of single-use plastics that harm marine life – this factor is projected favorably toward industry expansion during the estimated time span.
Growth Factors:
- Increasing demand for lightweight and durable luggage among travelers
- Rising popularity of online shopping and e-commerce platforms
- Proliferation of budget airlines and travel agencies
- Growing trend of eco-friendly/sustainability consciousness among consumers
- Innovation in design and functionality of FlexiBags
Scope Of The Report
Report Attributes
Report Details
Report Title
FlexiBag Market Research Report
By Type
Multilayer Polyethylene, Single and Double Layer Polyethylene, PVC, Others
By Application
Food Applications, Industrial Applications, Chemical Applications, Other
By Companies
Braid, Environmental Packaging Technologies, MYFlexitank（MYF）, Qingdao LAF Packaging, SIA Flexitanks, Trans Ocean Bulk Logistics, BLT Flexitanks Industrial, Bulk Liquid Solutions, Rishi FIBC Solutions, Blk Logistic Solutions BV, TechnoGroup, TRUST Flexitanks, Liqua, VTG AKTIENGESELLSCHAFT, Specialty Liquid Transportation, Philton Polythene Converters Ltd, KriCon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global FlexiBag Market Report Segments:
The global FlexiBag market is segmented on the basis of:
Types
Multilayer Polyethylene, Single and Double Layer Polyethylene, PVC, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Applications, Industrial Applications, Chemical Applications, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Braid
- Environmental Packaging Technologies
- MYFlexitank（MYF）
- Qingdao LAF Packaging
- SIA Flexitanks
- Trans Ocean Bulk Logistics
- BLT Flexitanks Industrial
- Bulk Liquid Solutions
- Rishi FIBC Solutions
- Blk Logistic Solutions BV
- TechnoGroup
- TRUST Flexitanks
- Liqua
- VTG AKTIENGESELLSCHAFT
- Specialty Liquid Transportation
- Philton Polythene Converters Ltd
- KriCon
Highlights of The FlexiBag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multilayer Polyethylene
- Single and Double Layer Polyethylene
- PVC
- Others
- By Application:
- Food Applications
- Industrial Applications
- Chemical Applications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FlexiBag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FlexiBag is a reusable grocery bag made of durable, flexible plastic. It can be used for shopping, carrying groceries, or other items.
Some of the major companies in the flexibag market are Braid, Environmental Packaging Technologies, MYFlexitank（MYF）, Qingdao LAF Packaging, SIA Flexitanks, Trans Ocean Bulk Logistics, BLT Flexitanks Industrial, Bulk Liquid Solutions, Rishi FIBC Solutions, Blk Logistic Solutions BV, TechnoGroup, TRUST Flexitanks, Liqua, VTG AKTIENGESELLSCHAFT, Specialty Liquid Transportation, Philton Polythene Converters Ltd, KriCon.
The flexibag market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 FlexiBag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 FlexiBag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FlexiBag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the FlexiBag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global FlexiBag Market Size & Forecast, 2020-2028
4.5.1 FlexiBag Market Size and Y-o-Y Growth
4.5.2 FlexiBag Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Multilayer Polyethylene
5.2.2 Single and Double Layer Polyethylene
5.2.3 PVC
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Applications
6.2.2 Industrial Applications
6.2.3 Chemical Applications
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FlexiBag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 FlexiBag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Multilayer Polyethylene
9.6.2 Single and Double Layer Polyethylene
9.6.3 PVC
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Applications
9.10.2 Industrial Applications
9.10.3 Chemical Applications
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Multilayer Polyethylene
10.6.2 Single and Double Layer Polyethylene
10.6.3 PVC
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Applications
10.10.2 Industrial Applications
10.10.3 Chemical Applications
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Multilayer Polyethylene
11.6.2 Single and Double Layer Polyethylene
11.6.3 PVC
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Applications
11.10.2 Industrial Applications
11.10.3 Chemical Applications
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Multilayer Polyethylene
12.6.2 Single and Double Layer Polyethylene
12.6.3 PVC
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Applications
12.10.2 Industrial Applications
12.10.3 Chemical Applications
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Multilayer Polyethylene
13.6.2 Single and Double Layer Polyethylene
13.6.3 PVC
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Applications
13.10.2 Industrial Applications
13.10.3 Chemical Applications
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 FlexiBag Market: Competitive Dashboard
14.2 Global FlexiBag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Braid
14.3.2 Environmental Packaging Technologies
14.3.3 MYFlexitank（MYF）
14.3.4 Qingdao LAF Packaging
14.3.5 SIA Flexitanks
14.3.6 Trans Ocean Bulk Logistics
14.3.7 BLT Flexitanks Industrial
14.3.8 Bulk Liquid Solutions
14.3.9 Rishi FIBC Solutions
14.3.10 Blk Logistic Solutions BV
14.3.11 TechnoGroup
14.3.12 TRUST Flexitanks
14.3.13 Liqua
14.3.14 VTG AKTIENGESELLSCHAFT
14.3.15 Specialty Liquid Transportation
14.3.16 Philton Polythene Converters Ltd
14.3.17 KriCon
