A Birdseye View Of The Flexitank Market 2018-2026-Fluid Flexitanks

A Birdseye View Of The Flexitank Market 2018 – 2026

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All liquids that are not categorized as dangerous or hazardous can be transported with the help of flexitanks. The flexitanks are nothing but large flexibags bags used to transport large quantities of liquid. Research shows that they are the preferred transportation material for edible liquids, like cooking oils, wines and fruit juices. In fact, 30 percent of the wine from across the world is transported in flexitanks.

Demand of Flexitanks

The demand for flexitanks is expected to significantly increase in the Asia Pacific region. This is primarily because the region is one of the leading producers and exporters of liquids, including aerated and non-aerated beverages, industrial liquids, vegetable oils, water, and industrial liquids. Hence, the demand for flexitanks in the Asia Pacific region will continue to grow from 2016 to 2026, at the rate of 14.3% CAGR.

Flexitank revenue in the Asia Pacific region in 2018 is predicted to reach a whopping US$159.4 million. This is primarily because it is more economical to transport bulk liquid using flexitanks, even though the cost of one unit of flexitank is higher than the cost of drums or intermediate bulk container.

The global flexitank market is dominated by a few leading manufacturers, who own 50% of the market share. The key players in the global flexitank market are Trans Ocean Bulk Logistics, Global Flexitank Logistics, Trust Flexitanks, Qingdao Global Flexitank Logistics, and Braid Logistics UK.

Cost of Flexitanks

A standard 20-foot container can easily accommodate one flexitank, which has a capacity of 24,000 liters. On the other hand, to transport the same volume, an exporter would require 18 to 20 units of IBC tanks and 80 units of drums.

Related: https://fluidflexitanks.com/rishi-fibc-flexitanks-can-reduce-transport-cost/

With flexitanks, there is no worry about renting as is the case with ISO tanks. Also, the exporter does not have to worry about the duration of the journey or returning the rented tanks when using flexitanks. Hence, flexitanks are more affordable, and this is spurring demand for these bags.

Read more: Flexitanks for Bulk Liquid Transportation

Meeting the Demand

Flexitank manufacturers are increasing the production capacity of flexitanks in India and China.

Qingdao Hengxin Plastic announced in 2018 it would be increasing the production of flexitanks to 200,000 units. The company has been manufacturing these bags for more than 10 years, and in June 2017, it sold about 100,000 flexitanks.

Even the US manufacturers of flexitank are increasing production due to rise in customer demand. This was obvious from the announcement made by Environmental Packaging Technology, located in Zeeland, Michigan.

In India, Rishi FIBC Pvt Ltd, a leading manufacturer of flexitanks, has expanded its production capacity by developing a massive 180,000-square-feet of production facility in Mysore, Karnataka. It will be using this facility to produce world-class flexitanks in addition to other bulk packing products.

The Bottom Line

With emerging economies of Brazil, India, South Africa, Chile, Thailand, Indonesia, and Argentina along with China being the major exporters of edible liquids, there is no doubt that the demand for safe, tamper-proof, spill-proof and economical liquid packaging will increase. From 2018 to 2026, Latin America, South Africa, and the Asia Pacific will be the highest users of flexitanks. These are the regions where large quantities of non-hazardous liquids are produced and exported to all corners of the globe.

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Using Flexitanks to Transport Vegetable Oil-Fluid Flexitanks

Using Food Grade flexitanks to Transport Vegetable Oil

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Vegetable oils are an essential part of cooking. As the demand for food transport is increasing so is the demand for the vegetable oils, mainly – coconut, palm, and olive oil. Over 5 billion pounds of vegetable oil is imported to the US alone. Transporting oil is not easy. While there are multiple options available including drums, IBCs, and pre-packaged bottles, all of these are not so efficient and are becoming costlier. Taking the space and cost efficiency into account vegetable oil shippers are now increasingly relying on food grade flexitanks for transporting vegetable oil safely and efficiently.

Laws Concerning Transport of Vegetable Oil

The United Nations has established rules for vegetable oil transport to safeguard marine wildlife in case of an accident that disperses the oils. The laws specify how a ship needs to be built to ensure safe and secure carrying of vegetable oil, placement of the oil, and type of the material they can be carried in. The laws allow the use of flexitanks to carry vegetable oil, with a caveat that these need to be stored in an appropriate space in the ship.

While flexitanks comply with the UNs regulations, these are much preferred by shippers too as these help to maintain the structural integrity of the oil even under duress and also help to retain the taste of the product.

Advantages of Using Flexitanks for Transporting Vegetable Oils

Flexitanks are specifically designed for transporting bulk liquids. These bladder bags are made of rubber, nylon, plastic or polyethylene and can hold 25 tons of liquid. Discussed here are some advantages of flexitanks that make them so useful for transporting vegetable oil.

  • Keeps the quality intact – To make them waterproof and airproof, flexitanks are made of several layers, each containing pumps and valves to seal off water and air. This ensures that the vegetable oil is transported safely and uncontaminated.
  • Food grade flexitanks are available – Food grade flexitanks are also available. All the components of such bags are approved by the FDA. So, you can safely transport food-grade liquid products in such bags.

Read more: The Many Advantages of Using Flexitanks

  • Convenient storage – The flexible bladders make for great convenience when it comes to storage. Shipping of flexitanks can be easily conducted via car, truck, or sea.
  • More efficient – As compared to standard liquid containers, flexitanks can accommodate 40% more vegetable oil.
  • No cleaning cost – As flexitanks are designed for single use this does away with the cost and the hassle of cleaning and repair. Return freight, as may be there in the case of tank containers, is also avoided when using the disposable flexitank. Also, as the flexitanks are recyclable, these are eco-friendly too.
  • Convenient loading and unloading – Flexitanks are much faster to load and unload making them more convenient and efficient as compared to IBC totes, or drums.
  • Saves cost – Cost efficiency is one of the key reasons for the popularity of flexitanks amongst shippers. Compared to traditional means, the cost of using flexitank is three times less. Also, there is no need for additional storage when using flexitanks as these bulk bags are a storage unit in themselves.

Related: Using Flexitanks for Oil Transport

Flexitanks have emerged as the most efficient and cost-friendly solution for bulk liquid transportation and shippers are increasingly using them for transporting vegetable oil. At Rishi FIBC, we offer advanced and customized solutions for food grade flexitanks for transporting vegetable oils and other bulk liquid cargo including syrups, additives, juices or juice concentrates, sweeteners, wines, edible oils, agricultural oils, vegetable oils, mechanical/technical oils animal oils, and food additions.

We appreciate your feedback and you can leave your comments on the blog below.
Contact Us: +91 484 237951 / +91-2662-305000