Canada Flexitank Market Size & Outlook, 2025-2030
Related Markets
Canada flexitank market highlights
- The Canada flexitank market generated a revenue of USD 31.4 million in 2024 and is expected to reach USD 103.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 22.4% from 2025 to 2030.
- In terms of segment, multi trip was the largest revenue generating type in 2024.
- Multi Trip is the most lucrative type segment registering the fastest growth during the forecast period.
Flexitank market data book summary
| Market revenue in 2024 | USD 31.4 million |
| Market revenue in 2030 | USD 103.8 million |
| Growth rate | 22.4% (CAGR from 2025 to 2030) |
| Largest segment | Multi trip |
| Fastest growing segment | Multi Trip |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Trip, Multi Trip |
| Key market players worldwide | Star Bulk Carriers Corp, Packaging Corp of America, Ranpak Holdings Corp Ordinary Shares - Class A, HUYA Inc Class A, Kellanova Co, KION GROUP AG, Transocean Ltd, Truist Financial Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 2.3% of the global flexitank market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. flexitank market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 78.7 million by 2030.
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Flexitank Market Scope
Flexitank Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Truist Financial Corp | View profile | 50832 | 214 North Tryon Street, Charlotte, NC, United States, 28202 | https://www.truist.com |
| Transocean Ltd | View profile | 5430 | Turmstrasse 30, Steinhausen, Switzerland, 6312 | https://www.deepwater.com |
| Kellanova Co | View profile | 23000 | 412 N. Wells Street, Chicago, IL, United States, 60654 | https://www.kellanova.com |
| HUYA Inc Class A | View profile | 1345 | 280 Hanxi Road, Building A3, E-Park, Panyu District, Guangzhou, China, People's Republic of, 511446 | https://www.huya.com |
| Ranpak Holdings Corp Ordinary Shares - Class A | View profile | 800 | 7990 Auburn Road, Concord Township, OH, United States, 44077 | https://www.ranpak.com |
| Star Bulk Carriers Corp | View profile | 216 | C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, Greece, 15124 | https://www.starbulk.com |
| Packaging Corp of America | View profile | 14900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | https://www.packagingcorp.com |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
Canada flexitank market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexitank market will help companies and investors design strategic landscapes.
Multi trip was the largest segment with a revenue share of 66.24% in 2024. Horizon Databook has segmented the Canada flexitank market based on single trip, multi trip covering the revenue growth of each sub-segment from 2018 to 2030.
The flexitanks market in Canada is a growing industry, with increasing demand for cost-effective and flexible bulk liquid transportation solutions. The use of flexitanks for the storage and transportation of various liquids such as edible oils, chemicals, and wine, has gained popularity in Canada due to its advantages over traditional tank containers, such as lower transportation costs, easier and safer handling, and more environmentally friendly.
Major players in the Canadian flexitanks market include SIA Flexitanks, SF Pack, and Trans Ocean Bulk Logistics. Canada’s chemical industry is an export intensive. According to the report of the Chemistry Industry Association of Canada, 74% of chemical production was exported in 2021 to the U.S. China, and Mexico.
The export value is significantly increasing in Canada, for instance, in 2021, Export of chemical was higher by approximately by 26% compared to 2020. Thus, the increasing demand for bulk liquid chemical transportation solutions for import and export purposes has led to an increased use of flexitanks in Canada.
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Target buyers of Canada flexitank market databook
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Our clientele includes a mix of flexitank market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada flexitank market , including forecasts for subscribers. This country databook contains high-level insights into Canada flexitank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada flexitank market size, by type, 2018-2030 (US$M)
Canada Flexitank Market Outlook Share, 2024 & 2030 (US$M)
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