Growing commodity exports in BRICS are likely to create opportunities for bulk packaging market. FIBC is the largest segment and flexitanks held a smaller share of the global bulk container packaging market. Flexitanks are multi-layered bulk liquid containers with an external covering of polypropylene and inner layers of polyethylene.
By volume, Europe is anticipated to witness modest growth for bulk container packaging, due to superior export of wines. However, Asia Pacific will expand at the highest CAGR, due to escalating exports of bulk chemicals to North America and Europe.
The key players in the market include, Braid Logistics, SIA Flexitanks, BLT Flexitank Industrial Co. Ltd., Yunjet Plastic Packaging Co. Ltd., Trans Ocean Bulk Logistics Ltd., Trust Flexitanks, Bulk Liquid Solutions, KriCon, Environmental Packaging Technologies and MY Flexitank (MYF).
o New Zealand
o Rest of Asia
o Middle East
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