The Outlook
The outlook for the Flexitanks market is positive although it is expected to register fluctuating growth trends in the long term, while inflation and supply chain concerns are expected to continue in 2023. Shifting consumer preferences in a projected economic downturn scenario, amendments to industrial policies to align with growing environmental concerns, huge fluctuations in raw material costs triggered by prevailing geo-political tensions, and expected economic turbulences are noted as key challenges to be addressed during the short and medium term forecast
Our focus will be oriented toward targeted marketing, customer service, developing new technologies, efficient procurement/inventory, strengthening product portfolios, and leveraging capabilities to maintain growth. The economic and social challenges are noted to be highly varying between different countries/markets and we will be focused on region/country-specific strategies.
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